To maintain a fair and secure trading environment, Finotive Funding has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:
1. General Rules
- Finotive Funding prohibits certain trading practices, including news straddling, and the use of trade copiers and signal services/groups. They allow the use of VPNs and VPS, as well as strategies like hedging and scalping. However, grid or martingale trading is not permitted.
- Account merging is possible, and traders can have multiple emails on different accounts.
- Specific countries are prohibited, and existing traders from the US should verify their eligibility.
- Trade copiers are allowed.
- Martingale and grid trading are also allowed with Finotive.
2. Risk Management
- On Instant Funding accounts, traders are allowed to risk up to 50% of their daily drawdown (DD) limit collectively across all open trades.
- For Challenge accounts, while there is no set maximum risk per trade, Finotive strongly advises employing sound risk management.
- Avoid all-or-nothing strategies—protect your capital by not risking your entire drawdown (DD) allowance at once. It is also important not to wager the majority of your daily drawdown (DD) limit on multiple open trades.
- News trading is allowed, but news straddling is forbidden.
3. Payouts
- You can request your first withdrawal starting from day one of achieving funded status, with the flexibility to request withdrawals every week thereafter.
Adhering to these rules and guidelines is essential for maintaining your account's standing with Finotive Funding. Engaging in prohibited practices can lead to actions ranging from warnings to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to Finotive Funding's official Terms & Conditions and Help Center.