Do you have what it takes to pass our perfomance evaluation and get access of up to $200,000 to trade with as you please?
As a Financial Markets Professional I understand that capital can be the biggest obstacle when trying to become a Full-Time trader. My goal is to offer a way for retail traders to fast-track the process of growing their capital, to allow them to generate significant monthly returns.
Oliver Newland
Founder of Finotive Group Kft
As a Financial Markets Professional I understand that capital can be the biggest obstacle when trying to become a Full-Time trader. My goal is to offer a way for retail traders to fast-track the process of growing their capital, to allow them to generate significant monthly returns.
Oliver Newland
Founder of Finotive Group Kft
The evaluation process is broken down into 3 steps with clear, achievable performance targets which must be hit to progress.
Risk management is the key to any successful trader, so to help you, we include certain risk parameters which must not be broken.
The Profit target in the Finotive Funding Challenge is set to 9.0% of the initial balance. Profit target means that a trader reaches a profit in the sum of closed positions on the assigned trading account anytime within 30 calendar days in the Finotive Funding Challenge. At the end of the trading period, all positions must be closed.
For example: If you trade Challenge with $100,000 account balance, your profit target is $9,000 in the Finotive Funding Challenge and then $7,500 in the Verification.
The Finotive Funding Challenge duration is 30 calendar days; The Verification duration is 60 calendar days.
If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days.
For example, if you pass all the Trading Objectives of the Finotive Funding Challenge in just 15 days, no need to wait another 15 days. We will advance you to the Verification as soon as possible.
This rule can also be called “account stop-loss”. The equity of the trading account must not, at any moment during the account duration, decline below 90% of the initial account balance. For the Finotive Funding Challenge with a balance of $100,000, it means that the account lowest possible equity can be $90,000. Again, this is a sum of both closed and open positions (account equity, not balance). The logic of the calculation is the same as with the Maximum Daily Loss; the only difference is that it’s not limited to one day but the entire duration of the testing period. The limit is inclusive of commissions and swaps.
10% of the initial account balance gives trader enough space to prove that his/her account is suitable for the investment. It is a buffer that should keep the trader in the game even if there were some initial losses. The investor has an assurance that the trader’s account cannot decline below 90% of its value under any circumstance.
This rule can also be called “trader’s daily stop-loss”. According to our rules, the maximum daily loss you may incur will always be 5% of the initial challenge account balance.
The rule says that at any moment of the day (CE(S)T – Central European Summer Time), the sum of closed positions and open positions may not fall below the determined daily loss limit. The formula: Current daily loss = Daily Closed P&L + Floating P&L.
For example, in the case of the Finotive Funding Challenge with the initial account balance of $100,000, the max daily loss will always be $5000. If you happen to lose $2500 in your closed trades, your account must not decline a further $2500 this day.
It must also not go -$2500 in your open floating losses. The limit is inclusive of commissions and swaps.
However, in this same example, if you gain $2500 in your closed trades, your account may now decline a further $7500 this day, but if you exceed this, or your open floating P&L drops below -$7500, you will fail this aspect of the challenge.
Always remember that the Max Daily Loss limit resets at midnight CE(S)T. This means that if you gain $2500 in your closed trades for the day, but your open floating loss is greater than $5000, before the reset your net floating P&L for the day is -$2500. However, at midnight the closed trades will no longer act as a buffer, so the open floating loss will be $5000, and therefore the net floating P&L for the day is now -$5000.
The size of the Maximum Daily Loss gives trader enough space for trading, and it guarantees a clearly defined daily risk to the investor. Both the trader and investor benefit from this rule as the account value will not drop below the limit. That’s also why Maximum Daily Loss limit includes your possible floating losses.
To meet this objective, you must trade for at least 12 days during the current duration cycle. At least one position must be opened on each of these days.
A trading day is defined as a day when at least one trade is executed.
If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day.
At the end of the trading period, all positions must be closed.
Show lessEnd Phase 2 in profit, however fail to reach the profit target? We've got you covered. Receive a new challange account free of charge.
The Profit target in the Finotive Funding Challenge is set to 9.0% of the initial balance. Profit target means that a trader reaches a profit in the sum of closed positions on the assigned trading account anytime within 30 calendar days in the Finotive Funding Challenge. At the end of the trading period, all positions must be closed.
For example: If you trade Challenge with $100,000 account balance, your profit target is $9,000 in the Finotive Funding Challenge and then $7,500 in the Verification.
The Finotive Funding Challenge duration is 30 calendar days; The Verification duration is 60 calendar days.
If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days.
For example, if you pass all the Trading Objectives of the Finotive Funding Challenge in just 15 days, no need to wait another 15 days. We will advance you to the Verification as soon as possible.
End Phase 2 in profit, however fail to reach the profit target? We've got you covered. Receive a new challange account free of charge.
This rule can also be called “account stop-loss”. The equity of the trading account must not, at any moment during the account duration, decline below 90% of the initial account balance. For the Finotive Funding Challenge with a balance of $100,000, it means that the account lowest possible equity can be $90,000. Again, this is a sum of both closed and open positions (account equity, not balance). The logic of the calculation is the same as with the Maximum Daily Loss; the only difference is that it’s not limited to one day but the entire duration of the testing period. The limit is inclusive of commissions and swaps.
10% of the initial account balance gives trader enough space to prove that his/her account is suitable for the investment. It is a buffer that should keep the trader in the game even if there were some initial losses. The investor has an assurance that the trader’s account cannot decline below 90% of its value under any circumstance.
This rule can also be called “trader’s daily stop-loss”. According to our rules, the maximum daily loss you may incur will always be 5% of the initial challenge account balance.
The rule says that at any moment of the day (CE(S)T – Central European Summer Time), the sum of closed positions and open positions may not fall below the determined daily loss limit. The formula: Current daily loss = Daily Closed P&L + Floating P&L.
For example, in the case of the Finotive Funding Challenge with the initial account balance of $100,000, the max daily loss will always be $5000. If you happen to lose $2500 in your closed trades, your account must not decline a further $2500 this day.
It must also not go -$2500 in your open floating losses. The limit is inclusive of commissions and swaps.
However, in this same example, if you gain $2500 in your closed trades, your account may now decline a further $7500 this day, but if you exceed this, or your open floating P&L drops below -$7500, you will fail this aspect of the challenge.
Always remember that the Max Daily Loss limit resets at midnight CE(S)T. This means that if you gain $2500 in your closed trades for the day, but your open floating loss is greater than $5000, before the reset your net floating P&L for the day is -$2500. However, at midnight the closed trades will no longer act as a buffer, so the open floating loss will be $5000, and therefore the net floating P&L for the day is now -$5000.
The size of the Maximum Daily Loss gives trader enough space for trading, and it guarantees a clearly defined daily risk to the investor. Both the trader and investor benefit from this rule as the account value will not drop below the limit. That’s also why Maximum Daily Loss limit includes your possible floating losses.
To meet this objective, you must trade for at least 12 days during the current duration cycle. At least one position must be opened on each of these days.
A trading day is defined as a day when at least one trade is executed.
If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day.
At the end of the trading period, all positions must be closed.
Show lessThis rule can also be called “account stop-loss”. The equity of the trading account must not, at any moment during the account duration, decline below 90% of the initial account balance. For the Finotive Funding Challenge with a balance of $100,000, it means that the account lowest possible equity can be $90,000. Again, this is a sum of both closed and open positions (account equity, not balance). The logic of the calculation is the same as with the Maximum Daily Loss; the only difference is that it’s not limited to one day but the entire duration of the testing period. The limit is inclusive of commissions and swaps.
10% of the initial account balance gives trader enough space to prove that his/her account is suitable for the investment. It is a buffer that should keep the trader in the game even if there were some initial losses. The investor has an assurance that the trader’s account cannot decline below 90% of its value under any circumstance.
This rule can also be called “trader’s daily stop-loss”. According to our rules, the maximum daily loss you may incur will always be 5% of the initial challenge account balance.
The rule says that at any moment of the day (CE(S)T – Central European Summer Time), the sum of closed positions and open positions may not fall below the determined daily loss limit. The formula: Current daily loss = Daily Closed P&L + Floating P&L.
For example, in the case of the Finotive Funding Challenge with the initial account balance of $100,000, the max daily loss will always be $5000. If you happen to lose $2500 in your closed trades, your account must not decline a further $2500 this day.
It must also not go -$2500 in your open floating losses. The limit is inclusive of commissions and swaps.
However, in this same example, if you gain $2500 in your closed trades, your account may now decline a further $7500 this day, but if you exceed this, or your open floating P&L drops below -$7500, you will fail this aspect of the challenge.
Always remember that the Max Daily Loss limit resets at midnight CE(S)T. This means that if you gain $2500 in your closed trades for the day, but your open floating loss is greater than $5000, before the reset your net floating P&L for the day is -$2500. However, at midnight the closed trades will no longer act as a buffer, so the open floating loss will be $5000, and therefore the net floating P&L for the day is now -$5000.
The size of the Maximum Daily Loss gives trader enough space for trading, and it guarantees a clearly defined daily risk to the investor. Both the trader and investor benefit from this rule as the account value will not drop below the limit. That’s also why Maximum Daily Loss limit includes your possible floating losses.
To meet this objective, you must trade for at least 12 days during the current duration cycle. At least one position must be opened on each of these days.
A trading day is defined as a day when at least one trade is executed.
If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day.
At the end of the trading period, all positions must be closed.
Show lessBeing a successful Finotive trader, you will have access to our trading capital, in which we take any losses incurred.
We don’t mind what your trading strategy is, how many trades you place, but rather we are only interested that our traders can show discipline.
We’re using the world's most popular trading platform - Metatrader 4.
To help you track your progress, you will have your own portal to monitor your trading criteria real-time. This helps you avoid creeping up to any of the drawdown rules set during the performance evaluation.
Deep Liquidity providing the best possible Bid and Ask prices with super low latency processing across all asset classes including digital currency.
If you don't find your answer in frequently asked questions don't hesitate contacting us at [email protected]
Do you have what it takes to pass our performance evaluation and get access of up to $200,000 to trade with as you please?
