|
CEO |
Country |
Trust Pilot |
Date of creation |
Years |
|
David Varga 3888_d588ce-00> |
๐จ๐ฟ CZ 3888_e92a7f-fe> |
โญ 4.5 3888_f276c3-27> |
April 2023 3888_97af16-9c> |
2 Years 3888_7aaa69-43> |
Fintokei Evaluation Programs and Accounts
Details about the Fintokei Firm
Fintokei is a funded trading firm that offers traders the opportunity to trade the currency markets with the company’s capital, eliminating personal risk and allowing them to focus on profitability. Through a transparent evaluation process and competitive conditions, Fintokei positions itself as a solid option for traders looking to scale their career in professional trading.
Overview of Fintokei
Broker:
Platforms:
Available payment methods
Payment methods when purchasing:
Withdrawal methods:
Instruments and assets
Instruments:
Assets
Leverage table
|
Assets |
Instant |
1-Step |
2-Steps |
3-Steps |
|
Forex 3888_d93c9c-f0> | 3888_fc5392-b0> | 3888_0405cc-c8> | 3888_1bff77-3e> | 3888_1a7109-da> |
|
Metals 3888_85d35f-bb> | 3888_d403e6-8e> | 3888_774a9e-17> | 3888_a19d17-49> | 3888_2b82dc-e0> |
|
Indices 3888_2aaa56-a2> | 3888_8b2faf-86> | 3888_72162e-7c> | 3888_0d8e26-a1> | 3888_677288-81> |
|
Energy 3888_1dea95-7d> | 3888_83cca1-5e> | 3888_d89cbe-c7> | 3888_8d9a33-c4> | 3888_2a7458-68> |
Fintokei Commissions
๐น Forex
In Forex, each trade has a cost of $6 per round lot.
๐ Indices
In metals, a commission of $6 per round lot also applies.
โ๏ธ Metals
Indices are traded without commissions, with a total cost of $0 per lot.
โก Energy
The energy market operates without additional costs, with $0 per lot.
๐ Consistency Rule โ StartTrader
At StartTrader, it is important that profits are generated in a balanced manner throughout the evaluation phase. To ensure stable growth and avoid relying on a single day of trading, no single day can account for more than 40% of the total profit target.
๐ Fintokei Rules
๐ Contradictory Trades
Hedging trades in opposite directions between different accounts or traders is not permitted. This measure ensures that all trades reflect discipline and consistency, protecting the integrity of the system.
๐ค Multiple Profiles
At Fintokei, each trader must operate with a single profile. The creation or maintenance of multiple accounts is strictly prohibited, ensuring security and transparency across the platform.
โ ๏ธ Over-Leveraging
Opening large positions without a clear strategy is considered a high-risk practice and may be penalized. This rule protects both the trader and the Fintokei ecosystem, promoting responsible trading.
โฑ๏ธ Tick Scalping
Tick scalping, defined as opening and closing a trade in less than ten seconds, is regulated. If more than 10% of your trades are conducted under this practice, you will receive a warning. Repeated violations may result in account cancellation, reinforcing the importance of proper control over trades.
๐ป Devices and Payments
Each device must be used by a single trader. Likewise, it is prohibited to make payments on behalf of third parties, regardless of the method used. These rules ensure financial security and trust in the platform.
๐ IP Addresses
At Fintokei, each trader must trade from a consistent IP address. It is not permitted to use multiple IPs from different countries or to mask the IP address when accessing demo accounts. These measures ensure security, transparency, and the integrity of the platform.
๐ฒ Prohibited strategies
The following behaviors are prohibited, as they are considered bets without a valid strategy:
- One-sided betting: opening large trades during highly volatile events or news releases, anticipating a sharp rise.
- Account rolling: This consists of taking the account to its limit and then purchasing a new one to repeat the procedure.
- All-in trading: making an effort to reach the profit target in a single trade or in several similar trades using the same instrument or asset.
๐ Maximum Permitted Risk
The maximum permitted risk in open trades is 3%, ensuring that each trade maintains adequate control over capital and protecting the stability of the account.
๐ฏ Profit Target
The profit target must be achieved in a balanced manner over time. It is not permitted to achieve it in a single trade or through a few similar trades made on the same day, thus promoting steady and sustainable growth.
๐ Consistency Rules
To ensure responsible and sustainable trading, consistency measures are applied when โgamblingโ or high-risk practices are detected. These measures include:
- Mandatory use of stop loss.
- Risk limits per trade, per account, or per day.
- Restrictions on maximum daily profit or loss.
- Reduction of leverage and the number of lots exposed daily.
- Limitations on trading during high-impact news events.
- To request withdrawals, the 40% consistency rule and the positive net payment policy must be complied with.
- In virtual accounts, the Dynamic Performance Reward applies according to the terms of the FPP.
In summary, these rules seek to ensure that profits are built in a balanced and controlled manner, avoiding extreme risks and speculative trades that could compromise the account.
โณ Inactivity Rule
If you do not perform any transactions within a period of 30 days, an account is considered inactive.
๐ธ Fintokei Payment Policy
โณ Withdrawal Frequency
StartTrader and ProTrader Accounts:
Traders can request the withdrawal of their performance earnings 14 days after their first trade or their last withdrawal. This period allows Fintokei to process and verify the account’s performance before releasing the rewards.
SwiftTrader Accounts:
In this mode, withdrawals will be available once the trader reaches a minimum profit of 3%.
After meeting this requirement, withdrawal requests can be made every two weeks.
๐ Restricted Countries
๐ฆ๐ซ Afghanistan
๐ง๐ฉ Bangladesh
๐ง๐พ Belarus
๐จ๐ณ China
๐จ๐บ Cuba
๐ฎ๐ณ India
๐ฎ๐ท Iran
๐ฎ๐ถ Iraq
๐ฏ๐ต Japan
๐ฒ๐ฒ Myanmar
๐ฐ๐ต North Korea
๐ต๐ฐ Pakistan
๐ธ๐ด Somalia
๐ธ๐ธ South Sudan
๐ธ๐ฉ Sudan
๐ธ๐พ Syria
๐บ๐ธ United States
๐ป๐ช Venezuela
๐ป๐ณ Vietnam
๐พ๐ช Yemen