FinaFunded believes that choosing the right prop trading firm is essential for achieving success in a trader's trading endeavors. Here are six compelling reasons for traders to consider joining FinaFunded and experiencing its unique benefits
FinaFunded traders are qualifed for a 15% Profit Share from the Challenge Phase with their Payout, once they achieve a 5% growth by the end of the Trading Cycle in the FinaFunded Account. This rule applies to all traders participating in the FinaFunded Challenge, regardless of the account type (except for the Stellar Lite account Model). For example, in the Stellar 2-Step FinaFunded Account, the trader will get the 15% Profit Share from the Challenge phase only when they reach a 5% growth.
It's important to note that eligibility for the 15% Profit Share is determined by the cumulative growth in the FinaFunded Account. For example, if a trader achieves a 2% growth in one Trading Cycle, they would need to achieve an additional 3% growth in the following cycle to meet the 5% requirement for the 15% Profit Share from the Challenge Phase.
undedNext's Stellar and Express Models offer traders the freedom to pursue their profit targets in the Challenge Phase without any time constraints. This flexibility allows traders to use their strategies effectively and pass the Challenge at their own pace.
However, the Evaluation Model is subject to a time limit in the Challenge phase. For further details regarding the time constraints associated with the Evaluation account Model, please refer to the link here.
FinaFunded offers Balanced-Based Drawdown, which calculates drawdowns based on the starting balance of a trading account. For example, if an account starts with $100,000, drawdowns are measured relative to this initial balance, irrespective of daily fluctuations.
Watch our explanatory video for a clearer understanding! Click here to view.
Balance-Based Drawdown and Equity-Based Drawdown are two distinct methods for managing risk in trading. They differ in how they consider your trading account balance and when they trigger your loss limit.
FinaFunded offers some of the best Commission rates in the prop trading industry. Our competitive rates provide traders with the advantage of maximizing profitability, all the while ensuring transparent and equitable trading costs.
At FinaFunded, we commit to offering traders the lowest possible Spread, surpassing even the typical rates of ECN accounts. For a comprehensive view of our Spreads, please take a look at this.
FinaFunded values its diverse community of traders around the world. While its aim is to provide equal trading opportunities to individuals worldwide, due to certain constraints, FinaFunded has decided to restrict access to its services for residents of certain countries. As of now, residents of Bangladesh, North Korea, Syria, and the United States are not able to access FinaFunded's trading platform.
The decision to implement these restrictions is based on careful consideration of several factors. FinaFunded's primary goal is to ensure an optimal trading experience for our global users, and this decision aligns with that objective.
FinaFunded's Brand promise encompasses guaranteed Payouts, fast processing times, and compensation in case of rare delays. It's a commitment to prioritize traders' success through actions, not just words. Here's what it entails
The $1,000 compensation promise underscores FinaFunded's dedication to timely Payouts, assuring traders that punctuality is paramount. In the rare event of a delay, this pledge ensures traders aren't just acknowledged but also compensated. Here's how it operates:
FinaFunded operates with a commitment to integrity and fair play. If it is discovered that a trader's actions fall outside of FinaFunded's trading standards after they have become eligible for a Payout, here's how the situation is handled
FinaFunded commits to processing Payouts within a 24-hour timeframe. Here's what it entails:
Start of Timeframe: The 24-hour period begins when a trader initiates a Payout request.
During the Timeframe: FinaFunded's operations team works within these 24 hours to process the Payout, completing all internal checks and preparations for the transfer.
End of Timeframe: The timeframe ends once FinaFunded initiates the Payout transfer and completes it. Traders receive a confirmation email with a Payout screenshot as proof.
In Case of Delays: If the 24-hour timeframe isn't met and a delay occurs, traders receive a $1,000 compensation added to their Payout.