Finotive Funding Overview
As a proprietary trading company, Finotive Funding was established in 2021 to provide retail traders with the opportunity to increase capital and generate considerable returns. Oliver Newland, the founder of the company, recognizes that capital can be a major obstacle for full-time traders and seeks to provide a fast-track process to increase their capital.
The Finotive Funding blueprint may include expanding its funding options, improving trading conditions, and further developing educational and support resources for traders. The company is committed to providing a range of trading tools and using technologies such as MetaTrader 5, which shows that the company is committed to staying at the forefront of trading innovation.
Finotive Funding's emphasis on automated trading and high profit distribution ratio shows its commitment to meeting the needs of new and experienced traders. The company's expansion plan provides up to $3.2 million USD in funding, which provides traders with huge growth potential, which is in line with the company's mission to help traders obtain professional-level capital.
Finotive Funding offers three different funding plans: 1-step, 2-step, and instant funding plans. There are also few restrictions on traders' trading styles, with the ability to trade during news periods, hold trades overnight, and trade on weekends.
Finotive Funding’s 2-step evaluation program requires traders to complete two phases to qualify for payment: a profit target of 7.5% in phase one, a profit target of 5% in phase two, a daily drawdown of 5%, and a maximum The drawdown is 10%.
Finotive Funding Features
- Maximum Capital: Provide up to $200,000 USD in trading funds
- Challenge Types: 1-Step Challenge, 2-Step Challenge, and Instant Funding
- Profit Split: 1-step and 2-step (Challenge) provide 75%~95%, 1-step and 2-step (Finotive Pro) provide 75%~95%, standard and aggressive (Instant Funding) provide 55%~75%
- Stop Loss Set: The instant funding plan requires setting stop loss. Customers must use stop loss for all positions. They have 2 minutes to set stop loss. If there is no stop loss, the position is not allowed to be closed.
- Leverage: 1-step and 2-step (Challenge) offer 1:400, 1-step and 2-step (Finotive Pro) offer 1:400, standard and aggressive (Instant Funding) offer 1:100
- Automated Trading: Use Expert Advisors (EAs) on all accounts, but execution of any form of High Frequency Trading (HFT), Arbitrage or Straddling strategies is prohibited
- Trading Platform: In cooperation with Finotive Markets LLC, using MetaTrader 5
