Finotive Funding vs FTMO: A Comprehensive Proprietary Trading Firm Comparison
Choosing the right proprietary trading firm is crucial for traders looking to maximize their potential. This comparison between Finotive Funding and FTMO explores key aspects like funding options, profit splits, trading rules, and evaluation processes to help you make an informed decision.
Finotive Funding
- Evaluation Fee Range
- $50.00 – $2,500.00
- Profit Split
- 80%
- Max Total Funding
- $50,000.00
- Trading Platforms
- MetaTrader 4, MetaTrader 5
FTMO
- Evaluation Fee Range
- €89.00 – €1,080.00; $89.00 – $1,080.00
- Profit Split
- 80%
- Max Total Funding
- $200,000.00
- Trading Platforms
- MetaTrader 4, MetaTrader 5, cTrader
Key Metrics Comparison
This table compares the facts currently shown for each firm side by side.
— means a supported value is currently not available on WhichPropFirm for that field. It does not mean zero.
| Metric | Finotive Funding | FTMO |
|---|---|---|
| Profit Split | 80% | 80% |
| Evaluation Fee Range | $50.00 – $2,500.00 | €89.00 – €1,080.00; $89.00 – $1,080.00 |
| Activation Fee | — | $0.00 |
| Data Platform Fee | — | — |
| Evaluation Steps | 0 – 2 | 2 |
| Profit Target | 0% – 10% | 10% |
| Daily Drawdown | 3% – 5% | 5% |
| Max Drawdown | 6% – 10% | 10% |
| Min Trading Days | 0 – 5 | 4 |
| News Trading | Yes | No |
| Scalping | Yes | Yes |
| Expert Advisors (EAs) | Yes | Yes |
| Weekend Holding | Yes | No |
| Trading Platforms | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, cTrader |
| Payout Methods | Finotive Pay, Bank transfer, Cryptocurrency, SEPA, Revolut | Bank Transfer, Crypto |
| Headquarters | Cyprus | Czech Republic |
Evaluation Process
Finotive Funding offers a flexible evaluation process with multiple program options, including a two-step challenge and instant funding. Traders can start with no minimum trading days, which suits those needing flexibility. FTMO's evaluation process is more structured with a two-step Challenge and Verification phase, requiring at least 4 trading days. The evaluation fee is refundable upon successful completion, making it appealing for disciplined traders.
Trading Rules & Restrictions
Finotive Funding allows news trading, scalping, and weekend holding, providing traders with the freedom to employ various strategies without restrictions. This flexibility is ideal for traders who thrive on volatility. Conversely, FTMO prohibits news trading and weekend holding, focusing on a more conservative approach. Both firms allow the use of Expert Advisors, aligning with traders using algorithmic strategies.
Profit Splits & Payouts
FTMO offers a higher profit split of 80%, and potentially up to 90%, which is attractive for traders looking to maximize earnings. Payouts are processed monthly, which may require traders to plan their cash flow accordingly. Finotive Funding provides a 75% profit split with more flexible payout methods, including cryptocurrencies and Finotive Pay, catering to traders seeking diverse withdrawal options.
Platforms & Tradable Markets
Both firms offer the popular MetaTrader 5 platform, but FTMO extends its offerings with MetaTrader 4, cTrader, and DXtrade, appealing to traders who prefer different interfaces. The instrument range is mixed for both, allowing traders to diversify their portfolios across various markets. This broad selection caters to traders with varied strategies and preferences.
Account Sizes & Scaling
Finotive Funding offers a higher maximum funding cap of $3.2 million, making it an attractive option for traders looking to scale significantly. Their programs allow for scaling based on performance, giving traders a clear path to increase account size. FTMO provides funding up to $2 million with a structured path through their evaluation process, suitable for traders who prefer a defined progression path.
Strengths & Weaknesses
Finotive Funding
Strengths
- Higher maximum funding limit of $3.2 million.
- Allows news trading and weekend holding.
- No minimum trading days required.
- Multiple payout options including cryptocurrency.
Weaknesses
- Lower profit split compared to FTMO.
- Higher evaluation fees for larger account sizes.
- No refund policy specified for evaluation fees.
FTMO
Strengths
- Higher profit split of up to 90%.
- Refundable evaluation fee upon successful completion.
- Multiple platform options including MetaTrader 4 and cTrader.
- Structured evaluation process that appeals to disciplined traders.
Weaknesses
- Lower maximum funding limit of $2 million.
- Prohibits news trading and weekend holding.
- Monthly payout frequency may not suit all traders.
FAQs – Finotive Funding vs FTMO
Which is the better prop trading firm: Finotive Funding or FTMO?
The choice between Finotive Funding and FTMO depends on your trading style and goals. If you value higher funding limits and flexibility in trading rules, Finotive Funding may be better. However, if a higher profit split and a refundable evaluation fee appeal to you, FTMO could be more suitable.
Is Finotive Funding or FTMO better for beginner traders?
Finotive Funding might be more beginner-friendly due to its lack of minimum trading days and flexible programs. However, FTMO's structured evaluation process with a refundable fee could also be appealing for those who prefer a clear path and are willing to adhere to strict rules.
How often are payouts processed with Finotive Funding and FTMO?
FTMO processes payouts monthly, which requires traders to plan their cash flow. Finotive Funding offers more flexibility, allowing traders to choose from various payout methods.
What payout methods are available with Finotive Funding compared to FTMO?
Finotive Funding supports payouts via Finotive Pay, bank transfer, cryptocurrency, SEPA, and Revolut. FTMO offers bank transfer, cryptocurrency, Skrill, and PayPal, providing multiple options for traders.
How does customer support compare between Finotive Funding and FTMO?
While specific support details are not provided, both firms are known for offering responsive customer service. FTMO's established presence might give it an edge in support reliability.
What educational resources do Finotive Funding and FTMO offer?
Both firms likely provide educational resources, but FTMO, being a more established firm, may offer a broader range of training materials and webinars to support trader development.
Can I trade news events with both Finotive Funding and FTMO?
You can trade news events with Finotive Funding as they allow it, along with weekend holding and scalping. FTMO, however, prohibits news trading and weekend holding, which may limit certain trading strategies.
Which platforms and instruments are available with Finotive Funding and FTMO?
Finotive Funding offers MetaTrader 5 for trading, while FTMO provides MetaTrader 4, MetaTrader 5, cTrader, and DXtrade. Both firms offer mixed instruments, allowing for diverse market engagement.
What's the maximum funding I can get with Finotive Funding vs FTMO?
Finotive Funding offers a maximum funding of $3.2 million, whereas FTMO provides up to $2 million. This makes Finotive ideal for traders seeking larger account sizes.
How do scaling opportunities compare between Finotive Funding and FTMO?
Finotive Funding allows for scaling up to $3.2 million based on performance. FTMO also offers scaling opportunities but within a lower maximum funding limit of $2 million.
How difficult are the evaluation processes for Finotive Funding and FTMO?
Finotive Funding offers more flexibility with no minimum trading days, suitable for traders with varying schedules. FTMO requires at least 4 trading days and has a structured two-step evaluation, which might be challenging but provides a clear progression path.
What are the evaluation costs for Finotive Funding compared to FTMO?
Finotive Funding's evaluation fees range from $50 to $2,000, depending on the account size. FTMO charges between $89 and $1,080, with the added benefit of a refundable fee upon successful evaluation, potentially reducing the overall cost.
What are the profit split percentages for Finotive Funding and FTMO?
FTMO offers a higher profit split of 80%, potentially increasing to 90%, which is more generous compared to Finotive Funding's 75% split.
How do profit withdrawal rules differ between Finotive Funding and FTMO?
Finotive Funding provides flexible withdrawal options, including cryptocurrency, while FTMO processes payouts monthly, requiring traders to manage their cash flow around this schedule.
Which is Better – Finotive Funding or FTMO?
Ultimately, the decision between Finotive Funding and FTMO depends on your specific trading needs and goals. Consider what aspects are most important to you, such as funding limits, profit splits, and trading flexibility, to make the best choice for your trading career.