Finotive has changed the profit concentration rule on its Instant Funding Standard and Instant Funding Lite accounts. It now only looks at how much profit depends on a single position: no more than 60% of profits can come from one position.
The change removes two limits:
- There are no more one-sided trading limits. Traders can go long or short and trade the same pair as often as their strategy needs.
- Finotive no longer looks at the volume traded on each instrument.
Overlapping positions on the same instrument and in the same direction count as one combined position, and partial closures do not create separate positions.
Identity verification (KYC) also moves to the payout stage: traders sign the agreement, start trading and verify before their first payout. The rule update applies only to Instant Funding Standard and Lite.
Published on
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