Solo is a limited experiment and differs from Finotive's standard plans in both directions. It is more restrictive on instruments and less restrictive on behaviour.
Feature | Solo (LaunchPad-1) |
Instruments | FX only |
Phases | Two, 10% then 5% |
Maximum drawdown | 10% static |
Daily drawdown | 5% static |
Funded floating drawdown | 2.50% |
Notional volume | Account Dependent |
Consistency rule | None |
Profit concentration rule | None |
Stop loss required | No |
News trading | No restrictions |
HFT | Permitted |
Reward Payment frequency | Weekly |
First Reward Payment | After 14 days |
Fee refund | After 30 days in Funded status |
Profit Split | 80% |
Maximum cumulative profits | $50,000 per account |
Availability | 14 days or until the allocation is reached |
Purchase limit | 5 accounts per customer |
Read the full Solo rules before purchasing. Do not assume a rule carries over from a standard Finotive account.
Related Terms: LaunchPad product terms