Finotive Funding

Access to a substantial quantity of capital is often a prerequisite to achieving significant profits for retail traders who intend on trading full-time. Yet, they experience several roadblocks in obtaining such large sums of money. This is where Finotive Funding, a retail prop firm, steps in. It presents traders with a one-of-a-kind opportunity by providing up to USD 200,000 in simulated capital. Leveraging this approach, the firm allows traders to increase trading ‘capital’ over time while maintaining a consistent flow of simulated trading commissions from any virtual profits generated.

“In a world of extravagant and unrealistic promises, Finotive Funding gets traders past their initial hurdle with access to substantial capital and subsequently offers them a percentage split of any virtual profits generated,” says Ben Hardman, COO of Finotive Funding.

The company recognises that when traders choose to purchase an account with us, they have a greater scope to fast-track the capital growth process and generate significant virtual trading commissions. Subsequently, it offers programmes ranging from USD 2500 to USD 200,000 virtual funds in exchange for a modest one-time fee. These are classified into three primary accounts based on the fees and the amount of evaluation required to achieve ‘funded’ status—instant funding, one-step challenge and two-step challenge.

'Instant funding' allows traders to obtain this virtual capital without being evaluated. Instead, they are granted a percentage split of profits based on their trading performance. To be fully ‘funded’, the 'one-step challenge' requires traders to pass an evaluation and achieve a 10 percent profit within an unspecified timeframe. Similarly, the 'two-step challenge' involves two evaluation phases where traders must meet distinct profit targets of 7.5 percent and 5 percent before gaining access to the generated profit split percentage. Both challenges offer unlimited time for traders to achieve these ‘profit’ targets. Finotive is a trendsetter in the industry by being the first company to provide unlimited time for challenges. They are also singular in providing weekly virtual trading commission payments to their traders.

The one-time fees for these accounts are predominantly determined by the risk for Finotive Funding. For instance, the fees for the instant funding account are generally higher than those for the other accounts due to the increased risk of offering ‘funding status’ without an evaluation. However, the fees are not exorbitant, beginning at a mere USD 50. This approach ensures accessibility and affordability for traders interested in Finotive Funding’s services.

To bolster their scope of success, traders must adhere to a maximum daily and equity drawdown limit, where they are not permitted to lose more than a percentage depending on their account type. This practice also prevents traders from engaging in negative practices such as revenge trading, which is a major cause of trader failure in the long run. In addition, Finotive Funding limits the percentage of the drawdown that can be put into the next trade, ensuring the longevity of accounts.

The firm encourages traders who strive towards consistent virtual profits by offering a lucrative percentage split that varies per account. Traders with an instant funding account receive a 55 percent virtual profit share, which increases to a minimum of 75 percent for traders with a one or two-step challenge account. However, the virtual profit split for challenge account holders can reach as high as 95 per cent depending on the trader’s risk-bearing capability, assessed by Finotive Funding's in-house risk management team.

Besides the substantial virtual profit split, Finotive Funding’s payment routine within zero days of trading with a funded status makes it stand out in this highly competitive sector. Thereon, this increases to seven days for each payout, which is still considerably faster than most of its contemporaries.

On the technology front, Finotive Funding operates its trading activities by receiving a data feed from Finotive Markets, directly mirrored from the trading conditions of numerous LPs. This gives Finotive Funding customers real simulated trading conditions without the risking their own capital. Finotive Markets’ ownership of an MT5 licence has allowed it to provide superior functionality and greater control over its services. The platform has also created a faster trading environment, enabling traders to efficiently pursue their financial goals.

Several traders’ success stories attest to the firm's efficacy. One such story is that of a trader named Richard, who has two £100,000 aggressive instant funding accounts, which in total have rewarded him over £200,000 in commissions from his virtual profits. Richard’s one-time expense on these two accounts was only £5000 each. This example demonstrates how responsible trading with Finotive Funding can provide traders with opportunities to achieve exceptional success.

Due to EU regulations, Finotive Funding are unable to offer traders the ability to execute themselves directly to market. Instead, their accounts are situated on a live non-execute server meaning that trades are warehoused and they are not directly executed to the market. Finotive Funding then sends trades from ‘funded’ traders directly to their A-Book account with Finotive Markets. When customers purchase an account, their upfront fee goes into a pot. If a ‘funded’ trader were to be covered 100% on our A-Book account meaning that their trade is copied 100% and they generate profit, then their profit split would be paid fully from the trade profit, with Finotive Funding keeping their split of the virtual profits.

The Finotive Funding risk team will perform a psychometric risk assessment on all accounts to determine the weight that they want to cover customer trades, and then they may choose to execute on the trader’s behalf directly from Finotive Funding’s live A-Book master account with Finotive Markets. This means that Finotive Funding benefits from successful traders who are covered to the A-Book account, however they also benefit from the accumulation of challenge fees as this both covers the coverage difference and contributes to the business’s profits.

Finotive Funding is committed to rapid growth, providing 24-hour client support, flexible commission payments, cryptocurrency purchase payments and infrastructure upgrades to accommodate automation. The firm has demonstrated high levels of transformative promise in the retail trading sector, paving the way in all areas.