Finotive Funding vs Super Funded

Overview of Funding and Profit Split

When comparing Finotive Funding and Super Funded, retail traders have significant points to consider regarding potential earnings. Finotive Funding offers a highly attractive 95% profit split, which is at the upper end of the market. However, it's worth noting that traders face a reduction to a 70% profit split if specific rules are violated. Despite this, the option to scale up to a whopping $3,200,000 with aggressive instant funding is a potential game-changer for traders who perform well. Super Funded also presents a generous profit split at 90%, just a shade below Finotive, but without the possibility of reduction due to rule violations.

Trading Conditions and Leverage

In terms of trading conditions, both firms offer the flexibility to trade overnight, over the weekend, and during news—features that are not always available with other proprietary firms. However, the leverages on offer differ starkly, with Finotive Funding providing a high leverage of up to 1:400, while Super Funded offers much lower leverage options, maxing out at 1:30, 1:20, or even as low as 1:2 for cryptocurrencies. Professional traders who know how to manage high leverage may find Finotive more appealing.

Trading Instruments and Platforms

Diversity in trading instruments is crucial for many traders, and both Finotive Funding and Super Funded cover a comprehensive range that includes commodities, cryptocurrencies, forex, and indices. Here, Finotive takes an edge with the inclusion of metals in their offering. This variety, alongside the allowance for EAs and bots at Finotive Funding, provides traders with ample opportunity to diversify their strategies and risk.

Program Accessibility and Evaluation

Accessibility to the trading programs significantly differs between the two firms. Finotive Funding has three separate funding programs, each with the potential for unlimited free evaluations and redeposits for negative balances. This is a significant advantage as it lowers the barrier to entry for traders who may need several attempts to meet the evaluation criteria. Super Funded's simplified one-step evaluation could provide a faster track to funding for skilled traders but may not offer the same level of flexibility and second chances.

Firm Background and Reputation

In terms of establishment and track record, Finotive Funding has been incorporated since April 2021 and holds a substantial Trustpilot rating of 4.3/5. Such a score, along with positive community feedback, can boost traders' confidence. On the flip side, Super Funded, with its incorporation date in February 2023, lacks substantial feedback and payment proofs, presenting a trust barrier that it must overcome to attract cautious traders.

Withdrawal and Deposit Methods

Both firms offer similar deposit and withdrawal methods, with each accommodating credit/debit cards and crypto transactions. For withdrawals, while Finotive Funding uses Bank Wire Transfers and Deel, Super Funded sticks with Crypto and Deel. These methods suggest a level of convenience, but the preference for crypto withdrawals at Super Funded might not appeal to all traders, especially those looking for more traditional banking methods.

Trading Rules and Account Management

Trading rules are an integral part of prop trading, and both firms enforce a Maximum Daily Loss and Maximum Loss limit, along with a Profit Target, which are standard across the industry. Finotive Funding has a strict stance against gambling mentality and third-party copy trading risk. In contrast, Super Funded imposes a Consistency Rule, disallows copy trading, and has a Maximum Trading Days stipulation, which could be viewed as restrictive by some traders.

Account Sizes and Currencies

The firms offer an array of account sizes, with Finotive Funding providing options ranging from $2,500 to $200,000, which can cater to traders with varying capital requirements. In terms of account currencies, Finotive allows for more diversity with EUR, GBP, and USD, compared to Super Funded's accounts denominated only in USD.

Conclusion

Retail traders considering either Finotive Funding or Super Funded will have to weigh their preferences for profit split potential, leverage, and trading flexibility against the stability and track record of the firm. Finotive Funding stands out for its high profit split, scaling option, and diverse trading tools. However, its profit split reduction on rule violation might deter some. Super Funded's simplified evaluation and compelling profit split are attractive, but its recent entry into the market and lower leverage offerings could be considered limitations. Traders must align their trading style, risk tolerance, and need for a trackable history with what each firm uniquely offers.