On April 23, 2021, Oliver Newland established the prop firm Finotive Funding. However, they started working on the project much earlier. Their offices are in Budapest, Hungary, and they allow traders to work with a balance of up to $11,410,000, with profit splits ranging from 75% to 95%.
Additionally, they have created Finotive Markets, their brokerage, which is expected to be fully regulated by the end of 2022.
Their headquarters are at Honvéd utca 8. 1st floor, 1054 Budapest, Hungary.
- Unlimited evaluation-free retries
- Profit split up to 95%
- Overnight and weekend holding allowed
- News trading allowed
- Scaling account option up to $3,200,000
Finotive Funding aims to offer a way for retail traders to fast-track the evaluation process and the growth of their capital to generate significantly higher monthly returns.
Finotive Funding Updated EA Rules
EAs are allowed mainly by prop firms for the traders to trade. But this weekend, Finotive Funding announced that it had updated its EA rules.
The prop firm now allows using EAs on both Challenge and Instant Funding accounts! Finotive Traders are no longer required to submit source code. Also, traders will no longer have a capped profit split for not submitting their source code.
All EAs must still trade in line with the firm’s Trading Rules in their Terms and Conditions.
Also, if you want to read about other prop firms that allow EAs, Click on the link.
Interested traders can get a 5% Off + 5% Profit split increase by using our special discount code (FOREXPROPREVIEWS).