Finotive Funding offers funded accounts in a price range of $35 to $2,000 with no time limits. The Finotive Pro program comes with a fixed monthly salary of $500. The first profit target, maximum daily loss, and total drawdown are 7.5%, 8%, and 16%.
Finotive Funding; Company Introduction
Finotive Funding was founded in April 2021 by CEO Oliver Newland. The firm is located in Cyprus and is an affiliate of Finotive Markets LLC brokerage company. The firm provide retail traders with trading capital for a low price. Key features of Finotive Funding:
- Instant funding accounts;
- Exclusive global payroll solution;
- MT5 trading platform;
- Up to 100% profit split;
- Up to 1:400 leverage;
- Weekly withdrawals;
- A salary program.
Finotive Funding Table of Specifications
The company is a proprietary trading firm providing traders with analytical tools and access to live non-execute trading accounts through its partnership with Finotive Markets LLC, a licensed MetaTrader broker. Key specifications of Finotive Funding:
Account currency | USD, GBP, EUR |
Minimum price | $35 |
Maximum leverage | 1:400 |
Maximum profit split | Up to 100% |
Instruments | Forex, Metals, Indices, Energies, Equities, Crypto |
Assets | 300+ |
Evaluation steps | 1-Phase, 2-Phase, Instant Funding |
Withdrawal methods | Finotive Pay, Crypto, PayPal, Revolut, Bank Transfer |
Maximum fund size | $3,000,000 |
First profit target | 7.5% |
Max. daily loss | 8.0% |
Challenge time limit | Unlimited |
News trading | Allowed |
Maximum total drawdown | 16% |
Trading platforms | MT5 |
Commission | Challenge: $4/round lot Instant Funding: $4/round lot Finotive Pro: $3/round lot |
TrustPilot score | 3.8 |
Payout frequency | Weekly |
Established country | Cyprus |
Finotive Funding (Advantages and Disadvantages)
Like any trading platform, Finotive Funding comes with its own set of pros and cons.
Pros | Cons |
Access to the popular MetaTrader 5 platform | Unregulated brokerage partner |
Scaling option up to $3,000,000 | Limited educational resources |
Salary program | Limited contact channels |
Instant funding | Geo-restrictions |
Funding Plans and Pricing
Finotive Funding prop firm offers a variety of account options to cater to different trading styles and experience levels. Here's an overview of their funding plans and pricing structure.
Account Size | Challenge | Instant Funding | Finotive Pro | |||
1 Step | 2 Step | Standard | Aggressive | 1 Step | 2 Step | |
$2,500 | $45 | $35 | $99 | $188 | - | - |
$5,000 | $74 | $59 | $199 | $388 | - | - |
$10,000 | $119 | $99 | $349 | $748 | - | - |
$25,000 | $229 | $199 | $675 | $1,474 | - | - |
$50,000 | $349 | $299 | $1,249 | $2,648 | $600 | $550 |
$75,000 | $499 | $399 | $1,899 | $3,898 | $825 | $725 |
$100,000 | $549 | $499 | - | - | $1,050 | $850 |
$150,000 | $849 | $599 | - | - | $1,550 | $1,250 |
$200,000 | - | - | - | - | $2000 | $1,600 |
Registration and Verification
Joining Finotive Funding is a straightforward process involving some important steps to ensure regulatory compliance and security.
- Navigate to the firm’s official website;
- Click on “Log in”;
- Choose “Create a new account for free”;
- Fill out the form with your personal information.
Upon passing the evaluation phase or in the case of purchasing an instant funded account, you must provide KYC documentation (Proof of identity and proof of address) and participate in a video verification process.
Evaluation on Finotive Funding (Rules and Conditions)
The next step in Finotive Funding review is exploring the challenge rules. The firm has established a comprehensive set of conditions to ensure fair and responsible trading.
Features | Challenge | Instant Funding | Finotive Pro | |||
1 Step | 2 Step | Standard | Aggressive | 1 Step | 2 Step | |
Profit Target | 10.0% | 7.5% 5.0% | - | - | 10.0% | 7.5% 5.0% |
Daily Loss Limit | 4.0% | 5.0% | 5.0% | 8.0% | 4.0% | 5.0% |
Total Drawdown | 7.5% | 10.0% | 8.0% | 16.0% | 7.5% | 10.0% |
Leverage | Up to 1:400 | Up to 1:400 | 1:100 | 1:100 | 1:200 | 1:200 |
Profit split | 75% | 75% | 55% | 60% | 75% (up to 100%) | 75% (up to 100%) |
Total Risk Limit | - | - | 2.5% | 5.0% | - | - |
Monthly Salary | - | - | - | - | $500 | $500 |
Does Finotive Funding offer Bonus and Promotion Programs?
While Finotive Funding is known for its innovative approach to prop trading, there's no explicit mention of bonus or promotion programs on its website. However, they do offer coupon codes from time to time.
In the time of writing this article, a 25% discount is automatically applied on all accounts. There is also a 15% discount code (FINCRYPTO) for crypto payments.
Available Markets on Finotive Funding Prop Firm
It’s time to explore available trading instruments on Finotive Funding. The firm offers traders access to a diverse range of financial markets, allowing for varied trading opportunities and portfolio diversification.
- FX Majors;
- FX Minors;
- FX Exotics;
- Metals;
- Indices;
- Energies;
- Equities;
- Crypto.
Finotive Funding Payment Methods
The firm offers a comprehensive and flexible payment solution called "Finotive Pay" along other methods to ensure traders can easily manage their earnings. Finotive Funding payment/payout methods:
Deposit | Withdrawal |
Crypto | Bank Transfer |
Credit/Debit Cards | Crypto |
Finotive Pay (not available on the first payment) | Revolut |
- | PayPal |
- | Finotive Pay |
Over $14 million in total payouts have been processed, and more than 9,000 individual traders have been served.
Commission and Spread
Discussing the fee structure is crucial in the Finotive Funding review. The firm offers a transparent and straightforward fee structure.
Account Type | Commission (per round lot) | Spread |
Challenge | $4 | Varies based on the instruments |
Instant Funding | $4 | |
Finotive Pro | $3 |
Note that the firm doesn’t charge any commissions in the evaluation phases and the mentioned figures only apply to funded accounts.
What Educational Resources Are Available on Finotive Funding?
While Finotive Funding primarily focuses on providing a robust trading platform and funding opportunities, it also offers some limited educational resources through its blog to support traders' development.
The contents evolve around subjects like trading psychology, prop trading features, risk management, and historical data. However, the blog doesn’t pull much strength and offers no more than 20 or 30 articles.
Finotive Funding on Review Websites (Trust Scores)
When it comes to trader reviews, Finotive Funding receives a mixed bag of feedback.
Some users praise the consistent and timely withdrawals, responsive support team, and salary programs, while others complain about rule changes, higher-than-average spreads on certain instruments, and mandatory stop losses.
3.8 out of 5 based on 542 reviews | |
Forex Peace Army | 1.7 out of 5 based on 4 reviews |
Customer Support
Customer support is a crucial aspect of any prop firm, and Finotive Funding seems to take this seriously, since it’s provided several contact channels for customers.
support@finotivefunding.com | |
Ticket | Through “Contact” form |
Chat Bot | Available on the website |
“Call” service | Book a call through your dashboard |
Finotive Funding Prop Firm on Social Media
The last step on Finotive Funding review is to check the firm’s presence on social media platforms. The company has a Discord community with over 8,000 members. You can join and start communicating with other traders and the team. Finotive Funding social media links:
- Discord;
- Instagram;
- X (Twitter).
By following Finotive Funding on social media, traders can stay updated on the latest trends, participate in discussions, and potentially discover new investment opportunities. This community-driven approach adds value beyond just capital provision.
Expert Suggestions
Finotive Funding provides access to funded accounts, ranging from $2,500 to $200K for trading 300+ instruments across 6 asset classes on the MT5 platform. The firm supports Crypto and PayPal weekly withdrawals, and offers an exclusive payroll solution, Finotive Pay.
