Fintokei, founded in 2022, is a well-known prop firm based in the Czech Republic. This platform offers 3 different evaluation plans, including StarTrader, ProTrader, and SwiftTrader, at affordable prices and reasonable trading rules.
In this in-depth Fintokei review, we'll explore this prop firm’s offerings and how it could potentially accelerate your trading career by funding you up to $400,000.
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 €400,000
- 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 | 95% |
Instruments | Forex, indices, commodities, metals |
Assets | USD/JPY, S&P 500, Gold |
Evaluation steps | 2-Step and 3-step |
Trading platform | MT4, MT5, cTrader |
Withdrawal methods | Bank Transfer, Credit/Debit card, crypto |
Maximum fund size | $400,000 |
First profit target | 8% |
Maximum daily loss | 5% |
Challenge time limit | 180 days |
News trading | Allowed |
Maximum total drawdown | 10% |
Commission per round lot | 6$ |
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 | €519 |
€20000 | €119 | €149 | - |
€50000 | €244 | €299 | €2699 |
€100000 | €419 | €499 | - |
€200000 | - | €999 | - |
€400000 | - | €1999 | - |
Fintokei’s higher than average prices might discourage some traders from buying a challenge from this prop firm.
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 | 5% | ||
Maximum overall drawdown | 10% | ||
Profit target | Step 1=2%, step 2=3%, step 3=6% | ||
Profit split | 50% | ||
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 | €100,000 | €200,000 | €400,000 |
Maximum daily drawdown | 5% | |||||
Maximum overall drawdown | 10% | |||||
Profit target | Step 1=8%, step 2=5% | |||||
Profit split | 80% (and more with scaling) | |||||
Minimum challenge fee | €99 | €149 | €299 | €499 | €999 | €1,999 |
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 | €10,000 | €50,000 |
Maximum daily drawdown | No | ||||
Maximum overall drawdown | 10% | ||||
Time limit | No | ||||
Minimum challenge fee | €79 | €119 | €259 | €519 | €2,699 |
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.
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 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 Trust Scores
Fintokei has made a strong impression on the trading community. On Trustpilot, they boast an excellent rating of 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:
- Instagram: https://www.instagram.com/fintokei/
- X (Twitter): https://x.com/fintokei
- YouTube: https://www.youtube.com/@fintokei
- Facebook: https://www.facebook.com/fintokei
Following Fintokei on these platforms can provide valuable insights into their operations and offer additional learning resources.
TF Expert Suggestion
As a Famous Czech-based prop firm operating since 2022, Fintokei stands out because of its focus on tailored challenges and top-tier customer services. Its structured programs, generous profit splits (up to 90%), and various payment methods make it an attractive option for traders at all levels.
While high challenge prices show might discourage many traders, Trust score shows us their commitment to customer satisfaction. Just like any other prop firm, traders must compare Fintokei offerings with other platform and decide whether they meet their expectations and preferences.
