Revolutionizing Risk Management: Finotive Funding Unveils Total Risk Rule
Enhanced Risk Management for Empowered Traders
Finotive Funding, a leading provider of proprietary trading opportunities, has taken a bold step towards revolutionizing risk management with the introduction of its Total Risk Rule. This innovative approach is a testament to the firm’s commitment to empowering traders with the tools and flexibility they need to succeed.
Streamlining Risk Assessment and Management
The Total Risk Rule consolidates three previous risk rules into a single, comprehensive guideline. This simplification streamlines the trading process, allowing traders to assess and manage their risk exposure more effectively. By eliminating the need to navigate multiple rules, traders can focus on making informed decisions that align with their trading strategies.
Tailored Risk Limits for Diverse Trading Styles
The Total Risk Rule establishes tailored risk limits based on account type. This customization ensures that traders have the flexibility to pursue their preferred trading strategies while adhering to prudent risk management practices. The rule stipulates that the total risk on open positions cannot exceed a specific percentage of the previous Trading Day’s closing balance.
For the 1-Step Challenge, the risk limit is set at 4% of the previous day’s closing balance, while for the 2-Step Challenge, it is 5%. Instant Funding accounts have a risk limit of 2.5%, while Instant Funding Aggressive accounts can utilize up to 5% of their previous day’s closing balance.
Dynamic Risk Adjustment for Enhanced Flexibility
The Total Risk Rule incorporates a dynamic risk adjustment mechanism that adjusts risk limits based on daily balance fluctuations. This feature provides traders with greater leeway in managing drawdowns and ensures that risk limits remain appropriate as their account balance changes.
Finotive Funding: Committed to Trader Success
Finotive Funding is dedicated to fostering successful trading careers by providing traders with the tools and resources they need to excel. The firm offers lucrative profit-sharing opportunities, with profit splits ranging from 75% to 95%. Traders can manage accounts up to $200,000, scalable to an impressive $11,410,000 total.
Finotive Funding’s commitment to diversity is evident in its support for trading across Forex pairs, commodities, indices, and cryptocurrencies. This wide range of instruments empowers traders to explore various markets and capitalize on different trading opportunities.
