The Funded Trader is a proprietary firm incorporated on the 12th of May, 2021. In contrast, Finotive Funding is a proprietary firm that was incorporated on the 23rd of April, 2021. Finotive Funding allows traders to work with a total of $11,410,000 balance in capital with up to 75% to 95% profit splits. While The Funded Trader allows traders to trade with account sizes up to $1,500,000 and take home profit splits up to 90%.
Comparison of One-Step Challenge
Both firms, The Funded Trader and Finotive Funding are significant prop firms. Both of them have excellent ratings on Trustpilot. Finotive Funding has recently launched its One-Step Challenge, which is gaining popularity. While, The Funded Trader announced that they would be launching their One-Step Challenge this Friday, 3RD February 2023. One-Step Challenge allows traders to complete the evaluation in just one step, and then they get Funded.
Since both of them are One-Step Challenges, we thought to make a comparison of both of them.
|The Funded Trader
|No Minimum Trading Days
|No minimum trading days.
|3% Daily Drawdown
|< 4.0% daily drawdown
|6% Max Drawdown
|< 7.5% equity drawdown
|Profit Split when funded 80%-90% with scaling
|Profit Split when funded up to 95%
The Funded Trader shared that there will be no lot limits, and EAs, Trade Copiers are also allowed. At the same time, Finotive Funding is giving a 10% profit split during the Evaluation phase. So, there are different pros to both of the firm’s One-Step Challenge. Since different traders have diverse requirements and trading styles, we conclude that both firms have incredible One-Step challenges.
We are looking forward to the launch of The Funded Trader challenge this Friday. Both of them are incredible and legitimate Prop firms with great numbers. So, is it a tie? You tell us!
Also, other firms offer one-step challenges; click on the link to see them.
Last but not least, remember the discounts, promos, and Cashback Links we offer for various firms. Click on the link to see them.