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【Japan】Japan’s Leading Prop Trading Firm ‘Fintokei’ Launches New, More Affordable Mini-Price Challenges

August 3, 2023 by JemInfo_JewelryGem

Editor’s Note

Fintokei has expanded its educational service with two new, more affordable “mini-price” plans, aiming to make FX trading education and evaluation accessible to a wider audience.

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Fintokei’s New Challenge Plans

Fintokei s.r.o., a company providing FX trading education and evaluation, has added two new, more affordable “mini-price” plans to its “Fintokei” educational service. The service aims to provide everyone with a fair opportunity to become a skilled trader and trade with significant capital.

“The two new challenges are ‘Crystal,’ with a challenge fee of 21,800 yen, which allows trading with an initial capital of 2 million yen upon becoming a pro, and ‘Pearl,’ with a challenge fee of 36,800 yen, allowing trading with an initial capital of 5 million yen.”

These plans are more affordable than the existing three challenges—”Ruby,” “Sapphire,” and “Emerald.” They are designed for those interested in prop trading but lacking confidence, or those who have tried the free trial but find the Ruby plan out of reach.
New Challenges:
Crystal (Initial Trading Capital: 2 million yen) – 21,800 yen
Pearl (Initial Trading Capital: 5 million yen) – 36,800 yen

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Existing Challenges:
Ruby (Initial Trading Capital: 10 million yen) – 69,800 yen
Sapphire (Initial Trading Capital: 20 million yen) – 99,800 yen
Emerald (Initial Trading Capital: 50 million yen) – 239,800 yen

About Fintokei

Fintokei provides a two-step trading evaluation program called the “Fintokei Challenge” and educational trading content. Traders can be certified as professional traders by clearing specific conditions. All trading on Fintokei is conducted in a demo environment for educational purposes.
Upon successfully clearing a challenge and being certified as a pro trader, users are provided with a funded account of up to 50 million yen. They can receive 80% of the profits generated from trading as compensation, while the company covers any trading losses. The specific account size depends on the purchased challenge plan.

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Certified pro traders also receive an official certificate validating their proficiency and skills. Since its recent launch, several pro traders have already been certified, with the company providing a total of over 100 million yen in funded accounts. Fintokei offers learning tools and useful information to help traders on their journey, along with full Japanese language support.

What is Prop Trading?

Proprietary trading (prop trading) is a growing global industry trend. Fintokei, leading this still-unfamiliar industry in Japan, began its service in January 2023.
Companies engaged in prop trading are called prop firms. They operate uniquely by providing skilled traders with opportunities to trade with large capital (up to 50 million yen in Fintokei’s case). Globally, hundreds of thousands of traders are already utilizing this new environment to trade at volumes unattainable individually.
This model allows traders to leverage their skills without risking their own capital, as losses are covered. It provides the chance to trade with large capital and generate significant profits, which would be impossible with personal funds. While substantial skill is required to succeed as a prop trader, Fintokei encourages users to take on the challenge using its practical tools and learning resources.

Demo Trade Tournament Pre-Campaign Ongoing

Ahead of Japan’s first demo trade tournament to crown the “Prop King,” scheduled for September, Fintokei is running a pre-campaign on its official Twitter. Participants can win a 10% off coupon via a lottery. To enter, simply follow the official account and retweet (RT) the campaign post. Don’t miss this chance to start at a more affordable price!

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Full article: View original |
⏰ Published on: August 03, 2023

Categories Colored Gemstones, Design & Trends, Retail & Market Tags Demo Trading, Financial Services, Fintokei, Funded Account, FX Trading, Japan Finance, Prop Trading, Proprietary Trading, Trader Evaluation, Trading Challenges, Trading Education, Trading Platform
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