Fintokei provides up to $400,000 in trading capital to traders who can pass their 1, 2, or 3-phase challenges. The minimum challenge price in this Czech Republic-based prop trading firm is €79, and traders have up to 180 days to complete their challenges.
Fintokei Company Overview
Fintokei isn't your typical prop trading firm. It's an education and evaluation company that provides traders with a safe environment to hone their skills, develop healthy trading habits, and build a rock-solid track record. Founded by the same minds behind the Purple Trading retail broker, Fintokei brings over 15 years of industry experience to the table.
Key information about Fintokei prop firm:
- Founding location: Czech Republic
- CEO: David Varga
- Founding year: 2022
- Funding plans: from €1,000 to €100,000
- Scale up plan: up to €4,000,000
Fintokei Specifications Summary
Let's review what Fintokei offers:
Account currency | USD, JPY, EUR, CZK |
Minimum price | €79 |
Maximum leverage | 1:100 |
Maximum profit split | 100% |
Instruments | Forex, indices, commodities, metals |
Assets | USD/JPY, S&P 500, Gold |
Evaluation steps | 1-Step, 2-Step, and 3-Step |
Trading platform | MT4, MT5, cTrader |
Withdrawal methods | Bank Transfer, Credit/Debit card, crypto |
Maximum fund size | $1,000,000 |
First profit target | 2% |
Maximum daily loss | 5% |
Challenge time limit | Min 3 Days, Max 180 days |
News trading | Allowed |
Maximum total drawdown | 10% |
Commission per round lot | 6$ |
Trust pilot score | 4.8/5 |
Payout frequency | Bi-weekly |
Established country | Czech |
Established year | 2022 |
Fintokei Advantages & Disadvantages
Like any trading platform, Fintokei has its strengths and weaknesses. Let's break them down:
Advantages | Disadvantages |
Massive scaling potential (up to €4 million) | Restricted access for some countries |
High performance rewards (up to 95% profit split) | Higher than average challenge prices |
Bi-weekly payouts for consistent performers | |
Various evaluation plans |
Fintokei Prop Funding & Challenge Prices
Here's a quick breakdown of Fintokei funding options:
Account size | StarTrader | ProTrader | SwiftTrader |
€1000 | - | - | €79 |
€2000 | - | - | €119 |
€5000 | - | - | €259 |
€10000 | - | €99 | - |
€20000 | €119 | €159 | - |
€50000 | €244 | €319 | - |
€100000 | €419 | - | - |
Fintokei’s higher than average prices might discourage some traders from buying a challenge from this prop firm.
Fintokei Prop Account Opening & Verification
Getting started with Fintokei Prop Firm is simple and takes under 3 minutes. Whether you're opting for a free or premium account, the process requires only basic personal and trading-related information.
#1 Access the Signup Page
Go to the official Fintokei homepage, click “Start Now”, and choose between a free or premium account to begin.
#2 Complete the Registration Form
Enter the details as mentioned below:
- First and Last Name
- Username
- Email Address
- Mobile Number
- Password + Confirmation
- Country of Residence
- Preferred Trading Platform
- Interface Language
Accept the terms, complete the CAPTCHA verification, and click “Confirm” to finalize.
Fintokei Prop Firm Evaluation Challenges
Fintokei has 3 unique evaluation programs, and the first one is Star Trader.
Account Size | €20,000 | €50,000 | €100,000 |
Maximum daily drawdown | 3% | ||
Maximum overall drawdown | 6% | ||
Profit target | 2% (Step 1), 3% (Step 2), 6% (Step 3) | ||
Profit split | 50-100% | ||
Payouts | Bi-weekly | ||
Minimum challenge fee | €119 | €244 | €419 |
This evaluation plan is perfect for traders who are learning prop trading skills.
The second evaluation plan is called ProTrader.
Account Size | €10,000 | €20,000 | €50,000 |
Maximum daily drawdown | 5% | ||
Maximum overall drawdown | 10% | ||
Profit target | 8% (Step 1), 6% (step 2) | ||
Profit split | 80% (and more with scaling) | ||
Minimum challenge fee | €99 | €159 | €319 |
This plan is great for the more experienced traders who want to have a scale-up option of up to €4,000 000.
The next challenge type is called SwiftTrader.
Account Size | €1,000 | €2,000 | €5,000 |
Maximum daily drawdown | No | ||
Maximum overall drawdown | 10% | ||
Time limit | No | ||
Minimum challenge fee | €79 | €119 | €259 |
All programs share similar risk management rules, like a 10% overall drawdown limit. However, SwiftTrader doesn't have a daily drawdown rule, offering more flexibility for experienced traders.
Fintokei Prop Bonuses and Discounts
While Fintokei doesn't offer traditional bonuses or discounts, but they do provide an affiliate program. With this program, traders can earn up to 10% commission on their referee’s purchases.
Remember, the one-time fee for joining a Fintokei program is also fully refundable if you complete the challenge successfully. This risk-free approach allows you to focus on developing your skills without worrying about losing your investment.
Fintokei Rules
As with many Prop Firms, Fintokei allows and disallows certain practices related to trading; Key Points of Fintokei Policy:
- VPN & VPS Usage: IP tracking is enforced to prevent abuse. Unusual IP activity, such as logging in from multiple countries or using VPNs can result in account restrictions;
- Hedging: Hedging across multiple accounts or clients is strictly prohibited;
- Expert Advisors (EAs): Using commercial or free EAs without individual customization or intervention is not allowed;
- Martingale & Arbitrage Strategies: Martingale strategies and latency arbitrage are prohibited. However, normal averaging (DCA-style) is allowed;
- News Trading: News trading is allowed during periods of high volatility from major news events.
VPN & VPS Usage
Fintokei tracks IP addresses to ensure fair usage of trading accounts and to prevent any form of abuse or manipulation.
Unusual IP activity, such as logging in from multiple countries in a short time or using VP Ns, proxies, or anonymizers, can trigger red flags and may lead to account restrictions or violations.
Hedging Policy
Hedging across multiple accounts or clients is strictly prohibited. Using multiple trading accounts to hedge positions or offset risk is not allowed at Fintokei and may result in penalties or account suspension.
Expert Advisor (EA) Usage
Using commercial or free Expert Advisors (EAs) without individual customization or modification is not allowed. Even if these EAs are profitable, they must be personally adjusted or customized by the trader to comply with Fintokei’s guidelines.
Martingale & Arbitrage Strategies
Martingale strategies and aggressive averaging methods (increasing position sizes after losses) are not supported as they are high-risk and speculative.
However, normal averaging (Dollar-Cost Averaging or DCA) is allowed, where positions of equal size are opened at regular intervals to reduce the entry price in a structured and risk-managed way.
Latency arbitrage is strictly prohibited, as it takes advantage of price discrepancies between platforms or feeds, which undermines the fair market.
News Trading Policy
Fintokei allows news trading during periods of extreme volatility caused by significant news events. Traders can open or close trades before, during, or after such events without restrictions, giving them the flexibility to capitalize on market movements.
Fintokei Trading Platforms
Fintokei supports three of the most popular trading platforms in the industry:
- MetaTrader 4 (MT4): The classic platform known for its simplicity and reliability
- MetaTrader 5 (MT5): The next-gen platform with advanced charting and analysis tools
- cTrader: A modern platform favored by many for its user-friendly interface
Traders can choose the platform they are most comfortable with or take this opportunity to familiarize themselves with a new one. Furthermore, you can download and access various indicators for MetaTrader platforms via these links:
Instruments & Symbols Available For Trading in Fintokei
Fintokei offers a focused selection of financial instruments:
- Forex: Major, minor, and exotic currency pairs
- Metals: Gold, Silver
- Energies: Crude Oil, Natural Gas
- Indices: Major global stock indices
While this selection might seem limited compared to some brokers, it covers the most liquid and popular markets. This focus allows traders to specialize and develop expertise in specific areas, potentially leading to more consistent results.
Fintokei Prop Firm Payment Methods
Fintokei understands the importance of flexible payment options. They accept:
- Credit/Debit Cards: Visa/MasterCard
- Cryptocurrencies: Bitcoin, Ethereum, and other altcoins
- Bank Transfers
- GooglePay and ApplePay
This approach ensures that most traders can easily fund their accounts and receive their payouts. The addition of crypto options is particularly appealing for traders in regions where traditional banking might be restrictive.
Fintokei has 2 distinct withdrawal policies based on account type:
For SwiftTrader users, profits may be withdrawn only after achieving a minimum 10% profit and a 14-day waiting period. After the first successful withdrawal, only a minimal withdrawable balance is required for future payouts.
For ProTrader users, withdrawals can be requested after 14 days from account creation or the last withdrawal. All open trades must be closed at the time of request - otherwise, Fintokei will automatically liquidate those positions.
Fintokei Trading Costs
Fintokei's fee structure is straightforward. Traders can buy and sell their favorite instruemnts with $6 Commission per round lot across all programs.
It is also worth noting that Fintokei spreads start from 1.5 pips and can go up specially on low liquidity or high volatility times. Fintokei has no hidden fees or ongoing costs. Once traders pay the initial fee and start trading, they are only charged the standard commission on their trades.
Fintokei Prop Firm Educational Resources
Fintokei provides a substantial library of educational tools designed to support traders at all levels. Upon purchasing a funded program, traders gain access to over 100 educational videos, daily news broadcasts, and a suite of trading calculators.
These resources are hosted under the “Edu & Tools” tab in the user dashboard and aim to enhance both strategy development and market awareness.
Fintokei Trust Scores
The firm has made a strong impression on the trading community. Fintokei Trustpilot score is 4.8/5 from over 100 reviews, with 90% being 5-star.
This high trust score is a testament to Fintokei's commitment to trader success and satisfaction. It's always reassuring to see a prop firm with such positive feedback from its community.
Fintokei Customer Support Channels
Fintokei takes pride in its customer-centric approach. Here are their customer service channels:
- Email: support@fintokei.com
- Phone: +420 321 338 152
Traders consistently report positive experiences with Fintokei's support team, citing their patience in explaining complex concepts and their efficiency in resolving issues.
Fintokei Prop Firm Socials
Fintokei maintains an active presence on major social media platforms:
- X (Twitter)
- YouTube
Following Fintokei on these platforms can provide valuable insights into their operations and offer additional learning resources.
Fintokei Comparison Table
Let's examine what makes Fintokei stay apart from other prop firms; Fintokei Comparison:
Parameters | Fintokei Prop Firm | |||
Minimum Challenge Price | €79 | $39 | $33 | $97 |
Maximum Fund Size | $1,000,000 | $250,000 | $400,000 | $200,000 |
Evaluation steps | 1-Phase, 2-Phase | 1-Step, 2-Step, 3-Step, Instant Funding | 1-Step, 2-Step | 1-Step, 2-Step |
Profit Share | 50 to 100% | 100% | 100% | 80% |
Max Daily Drawdown | 5% | 5% | 7% | 5% |
Max Drawdown | 10% | 10% | 14% | 10% |
First Profit Target | 2% | 5% | 6% | 5% |
Challenge Time Limit | Min 3 Days | Unlimited | Unlimited | Unlimited |
Maximum Leverage | 1:100 | 1:100 | 1:100 | 1:100 |
Payout Frequency | Bi-weekly | Bi-weekly | Weekly | Bi-weekly |
Number of Trading Assets | N/A | 3000+ | 40+ | 40 |
Trading Platforms | MT4, MT5, cTrader | Metatrader 5 | MetaTrader 5, Match Trader | MetaTrader 5, cTrader, Dxtrade |
TF Expert Suggestion
Fintokei stands out with an impressive profit split of up to 90% and a substantial scaling potential reaching $4 million.
However, traders should weigh these benefits against the relatively high trading costs, including $6 commissions, and challenge fees that exceed industry averages.
With a commendable 4.8/5 Trustpilot rating, Fintokei has garnered positive user feedback, but its unavailability in major markets like the USA, India, Russia, and China remains a significant limitation for many aspiring traders.