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1.0
Trader’s Satisfaction
$200K
2 Steps
I have passed two second phase 100K accounts but Finotive rejected both funded accounts due to the fact that I had funded accounts with them in the past which I lost due to maximum drawdown. Finotive told me that they can't A-book me due to my bad track record, so they are denying my both funded accounts and banning me from future purchases. Meanwhile, I had my last funded account five months ago, so for five long months Finotive let me spend money unnecessarily, even though they clearly knew I was not eligible for another funded account due to the ...
N/A
0
The technology is great but it is pointless when they scam hard-working traders.
Payout denials Funded denials Lying support Arrogant management Unwillingness
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Reason
Breach Reason
Not possible A-booking
Summary
I have passed two second phase 100K accounts but Finotive rejected both funded accounts due to the fact that I had funded accounts with them in the past which I lost due to maximum drawdown. Finotive told me that they can't A-book me due to my bad track record, so they are denying my both funded accounts and banning me from future purchases. Meanwhile, I had my last funded account five months ago, so for five long months Finotive let me spend money unnecessarily, even though they clearly knew I was not eligible for another funded account due to the bad track record. Since then, I have spent over $7,000 even though I could not get another funded account. Then came the accusation of account rolling, which is defined in their FAQ as risking a large amount of daily drawdown and hoping for a lucky trade. I was always risking 2.05%, which their risk team confirmed to me as an acceptable limit. So Finotive rejected two of my funded accounts due to the inability to A-book and account rolling. But when I asked their support afterwards, they confirmed that there are no such rules, which is clear proof that I was robbed and cheated. I tried to make a compromise with them to give me my well deserved funded accounts and ban me afterwards if they don't like my style, but their only offer was to trade with their broker, but I couldn't trust them anymore, so I refused. I am attaching all the screenshots.
Documents From Reporter
GBReviews
5.0
Trader’s Satisfaction
$100K
2 Steps
after communicate with their risk team, i understand their rules and calmed down. they willing to give the detailed reasons and i am accepted. trying again with better risk management!
N/A
0
trading condition
rules not very clear, you need to join the community to ask all your doubt before trading here.
5.0
User Friendliness
5.0
Payout Process
4.0
Customer Care
5.0
Trading Conditions
GBReviews
5.0
Trader’s Satisfaction
$5K
2 Steps
I have used many prop firms but i have to say the Finotive Dashboard is by far the best. The stats and real time update is far superiour than anyone elses. Most firms seem to be using the same packaged dashboard but you can tell that Finotive's has been designed with traders in mind. Customer support is great, there is always someone online. Recommended
N/A
0
Great dashboard and lots of payout options from Finotive Pay
There is nothing to dislike.
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$25K
Instant
Exceptional Experience with Finotive Funding !!! I’ve been trading with Finotive Funding for the past two months, and following them for past 6 months before , I join them I must say it has been an incredible experience! Finotive has truly stood out in all side. In just two months, I’ve received more than 10 payouts without any issues, except for one small hiccup, which was a technical error from myside, and it's okay. What I love the most about Finotive ? 1. Seamless process account setup to trading and withdrawals 2. The payout process is straight...
N/A
0
What I love the most about Finotive ? 1. Seamless process account setup to trading and withdrawals 2. The payout process is straight forward, fast, and reliable Something that can’t be stand out from all prop firms ( Especially first payout on demand ) 3. Their Dashboard is very well structured with all the statistics required for the traders, Top notch dashboard. 4. Customers support and pricing
What I Don't like about Finotive ? ( Maybe be things they can improve ) 1. Spreads on gold, very major concern for me, it was good earlier but inbetween it got crazy , definitely they need to work on them. 2. I would like to suggest them to rewrite all the rules in a clear way that even a 5th grade child can understand clearly, because many people get confused with them a lot , especially with the risk rule and gambling rule , because of this they get lot of negative reviews i think , better clearly mention majority of the drawdown in highlighted.
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
3.0
Trading Conditions
Reviews
1.0
Trader’s Satisfaction
$100K
2 Steps
The company accused me of reverse trading with another user. The main argument they used was that both accounts are controlled from the same IP from India. However, I am using a dedicated IP from Germany. The same is confirmed by the downloaded MT5 reports, which show my German IP. The company banned me with a false argument regarding the IP. Risk team never replied to my email, they did not provide any valid arguments. My worst experience in the propfirm world. Avoid them, it's a SCAM!
N/A
0
Nothing, they are scammers.
Huge spread, bad support, banning profitable traders
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Reason
Breach Reason
Reverse trading
Summary
Accused me of reversing trading with another user. Main argument was that both accounts were controlled from one IP in India. My MT5 reports show proof that I have never entered account with indian IP. In fact, all my trades were placed from same IP from Germany. Shut down my two accounts, no refund.
Documents From Reporter
Reviews
1.0
Trader’s Satisfaction
$100K
Instant
I had a $100,000 instant account with Finotive. On the first day of trading, I opened six sell positions, which resulted in a floating loss of approximately $600. Shortly after, all my trades were closed without violating trading rules. I submitted a ticket to the risk department but received no response. I also reached out to customer support via Telegram multiple times, yet there was no resolution. For nearly a month, they failed to provide any feedback. Furthermore, the spreads on gold are excessively high, ranging from 60 to 70 pips, while even ...
N/A
0
nothing
- very high spread ( 60-70 on gold) - no support - Manipulating the positions
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Reason
Breach Reason
no reason
Summary
Documents From Reporter
Reviews
5.0
Trader’s Satisfaction
$50K
Instant
So I am gonna give a very honest first hand review after using finotive trading and getting 3 payouts in 3 weeks. Let me start with the very simple doubt every beginner has, as did I after seeing the average 3.7 rating out of 5. And after going through lot of negative reviews even I was hesitant and double minded to move ahead with finotive funding. Let clear few things, please ignore all those negative reviews. After using and personally taking payouts from them, not just because I am getting paid but the technology and the dashboard they have is t...
1 Month +
3
1
Thier Dashboard Technology and 7 Days Payout Feature
Some pairs have high spreads, but not the ones I trade so it's ok
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$100K
2 Steps
I owe part of my success in trading to Finotive Funding dating back to when they had the RTP rules where you could only risk less than50% of your daily limit. It later became a habit to risk less than 1% at any time. I applied the same on my other accounts as well as my live one. that was key to my success and made me hold my accounts for longer times and make consistent profits. Apart from that, trading conditions at finotive are one of the best i had and the payout approvals came thru in less than 24hrs. Thanks FF
1 Year +
10+
6
Trading conditions Finotivepay
The 75% profit split, payout is weekly
5.0
User Friendliness
5.0
Payout Process
4.0
Customer Care
5.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$100K
2 Steps
I usually don't write reviews but this firm more than deserves it. I've been trading with Finotive Funding since the start of this year 2024. And oh Boy, this must be the best propfirm out there. Hear me out.. Unlike other propfirms that lost their MetaQuotes license, have had major payout issues, always come up with excuses.. Finotive has always been stable, standing and transparant with their customers. Assuring us that there won't be issues on their end as all legalities were done correctly since the start. Major green flag. I've had the privileg...
N/A
0
The weekly payouts and spreads for US100 and Forex are truly amazing. Dashboard is top notch as well.
The 'unhuman' response from the risk team if you mail them. (This is based on 3 different conversations.)
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
AUReviews
1.0
Trader’s Satisfaction
$200K
2 Steps
Passed phase 1 twice and both times they failed and reset my account because not every trade had a stoploss. And by every trade i mean the one single trade where i opened a 0.01 lot size to test that everything was working and left running for only 20 seconds at the start of the challenge. Best part is they wait for you to pass the phase first before they drop this bs on you. Scam firm, looking for any reason to undercut your performance or payouts. Hopefully they go under soon
N/A
0
Leverage and profit targets
Rules designed to scam you
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
3.4
32
total reviews
5
18
4
2
3
0
2
0
1
12
3.4
32
10% off + 5% profit split on all accounts
3.4
32
10% off + 5% profit split on all accounts
