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Fintokei Review: A Proprietary Trading Company or Something Else?

Fintokei Review

Read our Fintokei review to learn more about this company and its services. The firm may seem like a prop firm at first glance, however, Fintokei is different from other prop companies. The firm is an evaluation and education firm for aspirational traders.

With the help of this company, traders can showcase their skills and become funded up to $400,000. However, due diligence and deep investigation are required. To learn more, keep reading, and make sure to check out the Trubyx broker before depositing your funds. 

About Fintokei

Fintokei is an assessment and education company for traders. For traders who wish to trade right immediately, they provide a virtual trading account with SwiftTrader. There is only one rule to abide by and no evaluation. 

As soon as you reach the first profit target, which is after 14 days, you can make your first profit payout. Additionally, they provide all traders who pass our test a virtual ProTrader trading account, with the opportunity to split any gains produced on those accounts. 

Since every system is directly connected to a brokerage, selecting your own is not an option. They have selected a globally regulated brokerage with the best track record and most dependable execution. The Fintokei capital depends on the account you choose.

Company Type Proprietary Firm
Legal name Fintokei s.r.o.
Regulation Not expected
Registered in Masarykova 409/26, Brno, CZ
Established 2022
Website fintokei.com
Financial Authorities Warnings
  • No official warnings
Contacts
If a withdrawal is possible Yes
Fees
  • SwiftTrader €79
  • ProTrader €99
  • Transaction fees are $3 one way ($6 round trip) / 1 lot (per 100,000 currency order)
  • Crypto payment fee BTC 2.5% of the amount withdrawn + 20 EUR will be deducted
  • ​Other crypto payment fees of 2.5% of the amount withdrawn will be deducted
If Active on Social Media:
Investor Protection: None
Activity areas Japan, Czechia, Slovakia, Italy, Poland;
Main threats Too many fees;
Main perks Good trading conditions and account types offered;

Legal Information

Since Fintokei does not accept client deposits, offer financial services, or help customers with actual trading operations, it is not subject to regulation. The brokerage offers these services if the client chooses to trade on his live account in the actual markets or becomes a strategy provider.

The Czech corporation Fintokei s.r.o. is based in the Brno city area and has its registered office there. They are registered under file number C 117301/KSBR with the Regional Court in Brno. 09110127 is our ID number, and CZ09110127 is our VAT number. 

Tip: Stay away from scam brokers like UKBTC!

Fintokei Trading Conditions

The first and second evaluation phases can be completed by traders at any time, but they must commit to at least three days of trading during the challenge. This includes counting the day they established a new position as one day.

Traders can choose from multiple platforms and trade it on any desktop, mobile, or web interface. Trading is available at any time the markets are open and traders can keep positions open as long as they wish, even over the weekend.

The maximum leverage allowed on the ProTrader is 1:50, while on SwiftTrader, the leverage can go up to 1:100. On both ProTrader and SwiftTrader accounts, you can trade a wide range of FX pairs, CFD metals, CFD energies, and CFD indices.  Trading stocks or cryptocurrencies is not possible.

Fintokei Accounts

Free trials are offered three times and have a 14-day expiration date. You can verify the trading circumstances as the material is the same as the SwiftTrader program or the Phase 1 Fintokei evaluation phase of the premium plans. The accepted currencies include USD, JPY, EUR, and CZK.

All of the accounts that are offered are virtual with virtual funds in order to enable Fintokei to deliver its services globally and to enable traders to become full-time professional traders without any limitations.

Fintokei SwiftTrader

This plan doesn’t have an evaluation and traders can start earning immediately. The starting capital is anywhere between €1,000 – 50,000 and traders can scale up to €500,000. For a one-time fee of €79, traders can enjoy a 90% profit split with the risk management rule overall drawdown.

Fintokei ProTrader

Priced at €99, the ProTrader requires a two-phase evaluation and traders will start earning upon completing it. The starting capital is between €10,000 – 400,000 and traders can scale up to €4,000,000. Daily and overall drawdowns are included in the risk management rules with a 95% profit split.

LiveTrader

No evaluations are required, however, traders can only open the LiveTrader account after opening the account with a partner broker. There are no limits and no rules to follow, and traders can keep 100% of their earnings. The starting capital depends on individual preferences.

StrategyTrader

With this plan, traders can start earning after the firm evaluates their track record and the evaluation is individual. The starting capital is €10,000 and traders can scale up to $4,000,000+. However, the Fintokei profit split in this situation is only 15-50%. This plan is for traders who let other investors copy their strategy.

Fintokei Reviews

On Trustpilot, Fintokei is a 4.5-star rated company based on 16 comments. All comments are 5-star reviews and there are no unfavorable ones. When choosing a company, you want someone with at least a 4.5 rating or above, to ensure a pleasant trading experience.

Unfortunately, we couldn’t find any other comments online, and considering the Trustpilot reviews are all favorable, it’s difficult to rely solely on them. We advise conducting research even after reading our evaluation to ensure this firm is a suitable choice.

Payment Options and Process

Through the dashboard at the Fintokei login page, you can request a withdrawal. Money is transferred via wire transfer to any bank account you control. The dashboard will ask you for the payment details. As long as at least 14 days have gone since your last withdrawal or account creation, you can withdraw any earnings you make from your account. 

If you have made at least 10% in profit on your SwiftTrader account and it has been at least 14 days since your last withdrawal or since your account’s first trade, you are eligible to withdraw any profits you have made. You can withdraw any amount with a minimum of 100 EUR, 100 USD, 2 000 CZK, 20 000 JPY. 

In Conclusion…

Overall, Fintokei is a good platform, however, it may not be suitable for beginners. Novice traders might find it difficult to navigate the platform and understand the costs, which is why it’s important to conduct research before committing. If you are a novice trader interested in prop trading, reach out to us.

By reaching out, you will be connected with a prop company that has a 4.9 Trustpilot score, which is rare, especially since Trustpilot considers other things and not only the reviews.

Additionally, traders can get funded instantly, or choose between one-phase and two-phase evaluations. Call us now to begin your profitable trading journey and choose accounts of up to $200,000 with the ability to scale up to $2,500,000! 

FAQ Section

What is Fintokei?

Fintokei is an assessment and education company for traders offering virtual trading accounts and funding opportunities.

Is Fintokei Legit?

Fintokei is not a regulated entity, but its services are aimed at educating and evaluating traders rather than directly providing financial services, so the platform is completely legit.

How to Choose the Right Prop Firm?

When choosing a prop firm, consider factors like reputation, services offered, fees, and trading conditions. Conduct in-depth research before committing.

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