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Fintokei Review 2024

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Fintokei Review 2024
EAs are allowedScalping, intraday, swing, allowedNews trading allowed
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Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Fintokei
Founded:2022
Headquarter:Brno
Min Price:$79
Max Fund:$400,000
Challenges:3
About
Fintokei is a famous European prop firm active since 2022. This platform offers substantial capital (up to $400,000) to successful traders who pass their StarterTrader or ProTrader evaluation programs. Fintokei's minimum account price is €79, and the profit split can be as high as 90%.
Contact
Masarykova 409 26, 602 00 Brno – Město Brno, Czech Republic
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Bi-weekly payouts for consistent performers
Massive scaling potential (up to €4 million)
High performance rewards (up to 95% profit split)
Various evaluation plans
Cons
Restricted access for some countries
Higher than average challenge prices

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 prop firm review
Fintokei pros, cons, and features complete review

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 funding prices
Fintokei StartTrader and ProTradder challenge prices

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.

Fintokei StarTrader
Fintokei StarTrader funding programs start from €119

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.

Fintokei ProTrader evaluation
Fintokei Pro trader evaluation rules and features

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 SwiftTrader
The Fintokei SwiftTrader program is best for traders who want to reach the funded level as fast as possible

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 affiliate program
Fintokei offers an excellent affiliate program for traders to earn up to 10% commission

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 Trsutpilot score
Fintokei is generally favored by many prop traders based on the Trustpilot review

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.

FAQs

How often can I withdraw my profits in Fintokei?

Fintokei offers bi-weekly payouts for qualified traders.

Can US residents trade with Fintokei?

Currently, Fintokei does not accept traders from the USA

What's the minimum account size in Fintokei?

The minimum account size varies by program but starts from €1,000.

What happens if I violate the trading rules during evaluation?

Violating trading rules such as exceeding maximum drawdown limits results in the termination of your evaluation.

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