Who has better conditions?
Comparison: Fintokei vs ForTraders
Looking for the best prop trading firm to suit your needs? This page will help you compare the terms and conditions of Fintokei and ForTraders.
Why trade with Fintokei?
Trade the news freely
Looking to capitalize on market volatility during major economic announcements? At Fintokei, fundamental traders are welcomed with open arms!
Don’t wait for your payouts
Why wait weeks with our competitors to pay out your hard-earned profits? At Fintokei, we'll process your payout within just one business day.
Backed by Purple Group
Fintokei is backed by seasoned professionals from the fintech industry with 15 years of experience in building a thriving ecosystem of companies.
Comparison: Fintokei vs ForTraders
Fintokei ProTrader
Profit Target (1st phase of the challenge)
8 %
Profit Target (2nd phase of the challenge)
6 %
Max daily drawdown
-5 % from SOD equity
Max drawdown (overall)
-10 % from initial account balance
Max account balance
€ 4,000,000
Starting Performance reward ratio
90 %
Number of scaling levels
8
The requirement to scale up
At least 2 consecutive months with a 10% profit target
News trading
Yes, unlimited
Payout processed
Within 1 business day
The time it takes to issue a trading account after finishing the challenge
Within 1 business day
ForTraders
Profit Target (1st phase of the challenge)
8 %
Profit Target (2nd phase of the challenge)
5 %
Max daily drawdown
-4 % from the initial account balance
Max drawdown (overall)
-8 %
Max account balance
€ 300,000
Starting Performance reward ratio
80 %
Number of scaling levels
3
The requirement to scale up
At least 4 payouts totaling 13% of profits in the last 4 months
News trading
Opening and closing positions 5 minutes before and after the message is not allowed
Payout processed
Within 1 business day
The time it takes to issue a trading account after finishing the challenge
Within 2 business days
What does a professional career with Fintokei entail?
Once evaluated, we reward the consistent traders on their way further, prepare them for trading with larger accounts and for attracting investors' capital, and connect the best ones with our partner regulated portfolio management companies.
You're an ideal Fintokei trader if:
- You understand that trading isn't just about making profits; it's also about managing and recovering from losses effectively.
- You have a clear vision of your trading goals and where you want to be in the future.
- Your trading approach prioritizes consistency over high-risk, high-return trades.
- You've identified the instruments you want to trade and have a well-defined strategy for trading them.
- You make a conscious effort to maintain psychological control over your trading activities.
FAQ
Fintokei is an education and evaluation company for traders with ambitions. We provide traders with a safe environment to improve their trading skills, learn healthy trading habits and strengthen their discipline in order to beat the market and build a valid track record verified by us. Once evaluated, we reward the consistent traders on their way further, prepare them for trading with larger accounts and for attracting investors' capital, and connect the best ones with our partner regulated portfolio management companies. Fintokei is the accelerator of successful traders. By Purple.
We are happy to accept any adult over 18 years old. You don’t need any background or degree to participate. We can’t accept persons with criminal financial records and persons on sanction lists. Please note that currently we do not provide our services to residents with citizenships of the following: USA, India, Russia, Belarus, North Korea, Iran, Myanmar, Syria, Yemen, Cuba, Venezuela, Sudan, South Sudan, Afghanistan, Somalia, Iraq. Temporarily restricted are: Vietnam, Pakistan, Bangladesh, China.
Not in a traditional sense. We do not have our own trading desk that would speculate on the financial markets to generate large profits. Instead, Fintokei is a "modern prop firm", that provides trading education and evaluation services and that looks for talented traders with an edge. It is an evolution of our continuous work that took more than a decade. We started with searching and evaluation of successful traders manually, one by one, 15 years ago. With Fintokei, we are transferring all these experiences into a fully automated system, that we can scale globally, and achieve our mission to empower traders to reach their trading dreams irrespective of their background.
Fintokei is currently not regulated because we do not provide any regulated investment services, do not collect any clients’ deposits, nor do we facilitate any real trading transactions to the customers.
No, they are not. All the customers of Fintokei are trading in a virtual environment that is enhanced by the simulation of “live like” execution conditions, using the data feed and the real depth of market data provided by the regulated liquidity providers.
Start by registering for a free trial account. You can experience the platform and learn how it all works. You can get up to three free trial accounts.
Yes, you can try as many times as you’d like.
You can trade an extensive list of FX pairs, CFD metals, CFD energies and CFD indices within the demo environment. We currently don’t offer crypto or stock trading.
All trading on Fintokei is conducted in a demo environment, which means there are no actual losses incurred and you can trade without any risk. You just have to monitor your daily and overall drawdown according to the rules of each Evaluation program to make sure you can keep your account.
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FAQ