Fintokei Rules offer unlimited time for the ProTrader program, while StartTrader limits the evaluation phase to 180 days.
Fintokei also allows weekend trading and news trading during high volatility periods caused by significant events.
However, it strictly prohibits strategies such as Martingale, copy trading, and certain high-risk practices like tick scalping and latency arbitrage.
Fintokei Rules
As with many platforms, Fintokei Prop Firm has established a clear set of rules for traders; Fintokei Trading Condition Areas:
- Time Limits
- Holding Positions Over Weekends
- News Trading
- Martingale Trading
- Copy Trading
- Consistency rules many other prohibited practices
Fintokei Time Limits
Understanding the time limits for different Fintokei programs is crucial; Fintokei Limitation in Time:
Program | Time Limit for Evaluation | Minimum Trading Days | Time Limit for Funded Account |
ProTrader | Unlimited | 3 | Unlimited |
StartTrader | 180 days per phase | 3 per phase | Unlimited |
SwiftTrader | Unlimited | No minimum | Unlimited |
Fintokei Holding Positions Over Weekends
- You can trade at any time the markets are open, including holding positions over weekends without restrictions.
Fintokei News Trading
- You are permitted to open or close trades during periods of high market volatility caused by news events.
Fintokei Martingale Trading
Martingale and aggressive averaging strategies are not allowed on Fintokei; Fintokei Martingale Calculation:
- Baseline = ((Highest Price + Lowest Price) / 2) * 1.1
- Weighted Average = (Sum of (Price * Quantity)) / Sum of Quantity
- If the Weighted Average is less than the Baseline for buy trades or greater than the Baseline for sell trades, the trades are considered too aggressive.
Fintokei Copy Trading
- Copying trades from others or allowing third parties to manage your account is prohibited.
Fintokei Consistency Rule
The consistency rule is applied to specific Fintokei programs and includes limitations on leverage, daily profit, and loss caps; Fintokei Conditions for Consistency:
- Leverage: 1:10 for FX and 1:5 for other instruments
- Daily Profit Cap: Maximum of +1% of the starting balance
- Daily Loss Cap: Maximum of -1% of the starting balance
Fintokei Other Prohibited Strategies
In addition to the above rules, Fintokei also prohibits several other strategies; Fintokei’s Additional Forbidden Practices:
- Third-Party Services & EAs for Prop Trading Evaluations: Using external services or Expert Advisors (EAs) to pass evaluations or exploit platform inefficiencies;
- Tick Scalping: Exploiting small price movements at high frequencies;
- Latency Arbitrage Trading: Taking advantage of price delays between trading environments;
- Opposite Trading & Hedging: Placing opposite trades across multiple accounts or collaborating with others to manipulate risk;
- Multiple Account Creation: Registering multiple accounts or profiles under different email addresses by the same individual;
- Achieving Profit Target in One Trade: Trying to hit the profit target with a single trade is also prohibited.
Writer’s Opinion and Conclusion
Fintokei rules the consistency of specific programs, limiting leverage, daily profit, and loss caps.
Other prohibited actions include creating multiple accounts or attempting to hit profit targets with 1 trade.
To learn about the evaluation phases, read Fintokei Challenge or check out Fintokei Tutorials page for more articles.
