What is Fintokei.com?
Fintokei.com describes itself as an “education and evaluation company for traders with ambitions,” providing a platform for users to improve trading skills in a simulated market environment with the potential for “real payouts.”
Read more about fintokei.com:
Fintokei.com Review & First Look
The Nature of “Prop Trading” in an Islamic Context
Fintokei.com’s Challenge Structures: A Deep Dive into the “Evaluation”
Fintokei.com’s Operational Claims: Transparency and Reality
Fintokei.com vs. Genuine Ethical Financial Instruments
Is Fintokei.com a Scam? Unpacking Legitimacy Claims
Fintokei.com Competition: Understanding the “Prop Firm” Landscape
Fintokei.com Commission: Understanding the Revenue Model
Is Fintokei.com a traditional prop firm?
No, Fintokei.com states it is “not in a traditional sense.” They clarify they do not have their own trading desk speculating on financial markets, nor do they facilitate real trading transactions for customers. They focus on evaluation and education.
Is Fintokei.com regulated?
No, Fintokei.com explicitly states it is not regulated. Fintokei.com Commission: Understanding the Revenue Model
They explain this is because they do not provide regulated investment services, collect client deposits, or facilitate real trading transactions for customers.
Are trades on Fintokei.com executed in the real market?
No, Fintokei.com confirms that all customer trading occurs in a virtual environment, enhanced by simulations of live execution conditions using real data feeds.
How do I start with Fintokei.com?
You can start by registering for a free trial account, which allows you to experience the platform and learn how it works. You can get up to three free trial accounts.
What happens if I fail a Fintokei.com challenge?
If you fail a challenge, you can try again as many times as you’d like, implying additional “one-time fees” would be required for subsequent attempts.
What instruments can I trade on Fintokei.com?
You can trade an extensive list of FX pairs, CFD metals, CFD energies, and CFD indices within the demo environment. Atcbrokers.com Service Offerings: Beyond Self-Directed Trading
They currently do not offer crypto or stock trading.
What if I make a loss on Fintokei.com?
All trading on Fintokei.com is conducted in a demo environment, meaning no actual losses are incurred on trades.
The main risk is the forfeiture of your “one-time fee” if you fail to meet the evaluation rules (daily or maximum drawdown limits).
What are the “one-time fees” for Fintokei.com challenges?
The “one-time fees” vary depending on the challenge type (StartTrader, SwiftTrader, ProTrader) and the virtual capital offered.
They range from as low as €44 for some SwiftTrader accounts to €2,399 for higher-tier ProTrader accounts. Fintokei.com Competition: Understanding the “Prop Firm” Landscape
How are Fintokei.com payouts generated?
Fintokei.com’s payouts to successful traders are implicitly generated from the “one-time fees” collected from all participants, as they do not engage in real market trading or manage client deposits.
Does Fintokei.com offer any free opportunities?
Yes, Fintokei.com offers a free trial account (up to three) and “free-entry competitions” where users can test their skills and potentially win prizes without an upfront fee.
What are the different challenge types on Fintokei.com?
Fintokei.com offers three main challenge types: StartTrader (beginner-friendly, no time/daily loss limits), SwiftTrader (intermediate, fastest evaluation phase), and ProTrader (advanced, biggest payouts, higher virtual capital).
Can Fintokei.com help me attract investor capital?
Fintokei.com states that it prepares consistent traders for trading with larger accounts and for attracting investors’ capital, and connects the best ones with their partner regulated portfolio management companies.
Who can join Fintokei.com?
Any adult over 18 years old can join. Atcbrokers.com Technological Edge: MetaTrader 4 and Beyond
However, they cannot accept persons with criminal financial records, persons on sanction lists, or residents/citizens of certain restricted countries (e.g., USA, India, Russia, China, etc.).
What is the “scaling up” feature on Fintokei.com?
The “scaling up” feature allows successful traders to gradually increase their virtual capital up to a specified maximum (e.g., up to €4,000,000 for ProTrader accounts) as they continue to meet performance criteria.
Does Fintokei.com provide educational content?
Yes, the ProTrader challenge explicitly includes an “Online video course.” The company also positions itself as an “education and evaluation company.”
What is the profit target for Fintokei.com challenges?
Profit targets vary by challenge type and phase.
For example, ProTrader challenges have profit targets of 8% in Phase I and 6% in Phase II. Is Fintokei.com a Scam? Unpacking Legitimacy Claims
SwiftTrader challenges have 2%, 3%, and 6% targets across three phases.
What are the daily and maximum loss limits?
These limits vary by challenge type.
For instance, ProTrader challenges have a -5% daily loss limit and a -10% maximum loss limit, while StartTrader has no daily loss limit but a -10% maximum loss limit.
What is the “Performance reward ratio” on Fintokei.com?
The SwiftTrader challenge mentions a “Performance reward ratio” of 50-100%, indicating the percentage of the simulated profit that would be paid out as a real reward to the successful participant.
How long does it take to get a payout from Fintokei.com?
Fintokei.com claims an “Average payout time 3h 4m” and states “Payouts within 1 business day,” suggesting a rapid processing time for successful participants. Atcbrokers.com Regulatory Framework and Credibility
|
0.0 out of 5 stars (based on 0 reviews)
There are no reviews yet. Be the first one to write one. |
Amazon.com:
Check Amazon for fintokei.com FAQ Latest Discussions & Reviews: |
Leave a Reply