Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Finotive Funding

Hungary|2-5 years|
Suspicious Scope of Business|High potential risk|

https://finotivefunding.com/

Website

Rating Index

Contact

support@finotivefunding.com
https://finotivefunding.com/
Honvéd utca 8. 1st floor, 1054 Budapest, Hungary

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-07-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Finotive Funding · WikiFX Survey

Users who viewed Finotive Funding also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.54
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.76
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GTC

8.11
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

Finotive Funding · Company Summary

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

General Information & Regulation

Feature Information
Registered Country/Region Hungary
Found 2021
Regulation unregulated
Market Instrument FX, cash indices, indices futures, cash commodities, commodities futures, equities, and cryptocurrencies
Account Type Classic Challenger Account, One Step Challenge Account, Instant Funding (Standard) and Instant Funding (Aggressive)
Demo Account no
Maximum Leverage 400:1
Spread Average 0.2 pips
Commission N/A
Trading Platform MT5
Minimum Deposit $2,500
Deposit & Withdrawal Method credit/debit cards, UTrust

Finotive Funding is a brokerage house founded in 2021 and registered in Hungary, providing access to a massive financial market. With the Finotive Funding platform, three trading account options are available, and traders can employ maximum leverage of 1:400 on their positions.

Here is the home page of this brokers official site:

home page

However, when it comes to regulatory information, Finotive Funding is not authorized or regulated by any regulators to operate legally. Thats why WikiFX gave its broker a very low score of 1.14/10. Please be aware of the risk.

General Information & Regulation

Note: The screenshot date is February 8, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Finotive Funding has more than 100 trading instruments available, including Forex, Cash Indices, Cash Commodities, Commodities Futures, Equities, and a range of Cryptocurrencies.

Account Types

Finotive Funding claims to offer different account types, namely Classic Challenger Account, One Step Challenge Account, Instant Funding (Standard) and Instant Funding (Aggressive), with the minimum deposit requirement of $2,500. Islamic (swap-free) accounts are also available.

However, Finotive Funding doesnt offer demo accounts for trial accounts. If you would like to see a live spread comparison, this broker can send you a live screen grab. You can just contact them on the live chat.

Account Types
Account Types

Leverage

Finotive Funding provides flexible leverage options, ranging from 1:100 to 1:400. However, since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting in the trading world, it's best to stick with the lower size (no more than a 1:10).

Spreads

Finotive Funding says it provides average spreads starting at 0.2 pips, but we could not test this through its trading platform.

Trading Platform

The MT5 trading platform, widely regarded as the best in the business, is available through Finotive Funding, which can be accessed on Windows, MacOS, IOS, and Android.

Deposit & Withdrawal

Finotive Funding accepts Strip which can process all Credit/Debit Card Payments from 135 different countries and is a global leader in payment solutions. Besides traders can also use Utrust if they wish to pay for an account using cryptocurrency from their crypto wallet. However, Finotive Funding is vague about the time required to process withdrawals and the associated fees.

Customer Support

Contact this broker using the following methods if you have any questions or problems with your trading: Email: support@finotivefunding.com, Online Chat, or Telegram. You can also follow this broker on social networks such as Instagram. Headquarters: FINOTIVE FUNDING KFT, Honvéd utca 8. 1st floor,1054 Budapest, Hungary.

Pros & Cons

Pros Cons
• Multiple trading assets and account types • No regulation
• MT5 supported • No demo accounts
• High minimum deposit requirement ($2,500)
• Limited payment options

Frequently Asked Questions (FAQs)

Q 1: Is Finotive Funding regulated?
A 1: No. It has been verified that Finotive Funding currently has no valid regulation.
Q 2: At Finotive Funding, are there any regional restrictions for traders?
A 2: Yes. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.
Q 3: Does Finotive Funding offer the industry-standard MT4 & MT5?
A 3: Yes. Finotive Funding supports MT5.
Q 4: What is the minimum deposit for Finotive Funding
A 4: The minimum initial deposit to open an account is $2,500.
Q 5: Is Finotive Funding a good broker for beginners?
A 5: No. Finotive Funding is not a good choice for beginners. Though it advertises very well, it lacks legitimate regulations.

Broker Information

Company Name

Finotive Funding Kft.

Abbreviation

Finotive Funding

Regulatory Status

No Regulation

Platform registered country and region

Hungary

Phone of the company

--

Twitter

--

Facebook

--

Instagram
YouTube

--

Company address
  • Honvéd utca 8. 1st floor, 1054 Budapest, Hungary

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@finotivefunding.com

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

6

Comments

Write a review

Pouppo
more than one year
When opening an account, I was surprised to find that there are many types of accounts to choose from, and their market products are also diverse, such as FX, cash indices, indices futures, cash commodities and so on. My trading experience on the platform was excellent.
2024-07-03 16:42
Reply
0
0
JonnyTheTrader
more than one year
Hello, please note that this review is mixing up Finotive Funding with a fraudulent now defunct broker, Finotive.net. There is no connection between the two, and Finotive Funding is totally legit, as per their Trust Pilot.
2023-05-17 02:57
1
0
0
FX1286150562
more than one year
Finotive Funding is a fraudulent broker, purely to stealing people’s hard-earned money. Don’t give what you’ve worked for to them. They are greedy thieves and shamefully lairs.
2023-02-24 14:40
Reply
0
0
FX1184656792
more than one year
The information on this page is a bit sparse, so I don't really want to trade with it. It's only been around for a few months, so I opted to wait and see.
2022-12-15 16:41
Reply
0
0
杨国珍
more than one year
I'm a bit curious about this type of PROP broker, but I also have a relatively clear understanding of my trading level and haven't reached the threshold of making a lot of money from my strategy.
2022-12-02 09:56
Reply
0
0
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com