Fintokei review
Czech CFD evaluation firm under the Purple fintech group, trading since 2022
- CEO
- David Varga
- Headquarters
- Czech Republic
- Founded
- 2022
- In business
- 4 years
- Trustpilot
- 4.4(1.4K)
Czech RepublicWork at Fintokei? Claim this profile
Our grade
Average
6.2 / 10 · #8 of 22
4.4
Trustpilot
1.4K reviews
- 5★50%
- 4★33%
- 3★12%
- 2★4%
- 1★1%
20% off your first challenge
20% off a first Fintokei challenge, published on Fintokei's own site; the promo link applies it automatically.
Fintokei rules & hidden risks
The fine print that costs traders accounts
Hidden Risk score
5.3/10
High risk
Average: 5.5
Fintokei publishes its drawdown formulas and prohibited-strategy list in real detail, but a profile-wide 'Consistency Rules' clause and an 'Article 37'-style Provider Program clause let it cap, restrict or end a trader's entire account profile on its own judgment of 'unsustainable' or randomness-like trading, with no published numeric threshold, and that single issue drives the largest share of its negative reviews.
Hidden rules to know before you buy
- highdiscretion
Provider Program discretion clause ('Article 37')
Fintokei's General Terms let it terminate, restrict or refuse a payout at its sole discretion when it decides trading data does not fit its internal framework; reviewers consistently refer to this as Article 37. Decisions are reported as final, with only a partial data selection shared and no formal appeal.
Source - highconsistency
Profile-wide Consistency Rules can cap or close every account at once
Beyond the per-trade 1% daily consistency rule, a separate profile-level policy lets Fintokei restrict or close all accounts under one trader's profile after 3+ warnings, or if it judges the overall pattern 'unsustainable,' randomness-like, or suspicious of hedging/copy trading without firm proof.
Source - mediumdrawdown
Daily loss limit recalculates off a moving EOD snapshot, enforced live
Each day at 00:00 UTC Fintokei snapshots EOD equity (or EOD balance on ProTrader Swing) and the next 24h cannot fall more than the program's daily percentage below that snapshot, so the reference point moves with results day to day. Breach is checked against live equity and disqualification is immediate, not held until end of day.
Source - mediumstrategy
Max per-trade risk judged partly by Fintokei's own VaR model
The 3% max allowed risk on open trades is calculated from the trader's stop loss or from Fintokei's own Value-at-Risk estimate, whichever is lower, so a trader can be flagged even when their own stated stop loss looks compliant.
Source - mediumcosts
Challenge fees are non-refundable in all cases
The General Terms state challenge fees are non-refundable under any circumstances. A previously advertised perk that refunded the fee after reaching a funded Pro account was discontinued, per a reviewer account from 2025.
Source - mediumaccount
IP, device and multi-account rules can be tripped by ordinary travel or VPN use
Using multiple IP addresses from different countries, masking an IP, or sharing one device between customers are all listed as prohibited practices that can lead to account action, with no stated exception for travel or routine VPN use.
Source - mediumstrategy
'One-sided betting' and 'all-in trading' are judged without a published numeric threshold
Large trades during high volatility or news events without a stated strategy, and achieving the profit target in one trade or a few similar trades, are banned, but Fintokei does not publish a position-size or frequency threshold that defines the line.
Source - lowkyc
Malaysia purchase pause not reflected on the published restricted-country list
Fintokei confirmed in a public Trustpilot reply that it has stopped accepting new challenge purchases from Malaysia, but this restriction does not appear on the firm's own restricted-country FAQ page.
Source
The rulebook
Drawdown4 rules
- Daily loss limit recalculates every day at 00:00 UTC against that day's EOD equity snapshot: 5% on ProTrader, 5% (balance-based, excluding open trades) on ProTrader Swing, 3% on StartTrader, 2% on SwiftTrader.
- Overall max loss is static against the starting balance: 10% on ProTrader and ProTrader Swing, 6% on StartTrader, 3% on SwiftTrader.
- Both limits are monitored on live equity; a breach closes the account immediately rather than waiting for the end of the trading day.
- Maximum allowed risk on any single open trade is 3% of account value, based on stop-loss distance or Fintokei's own Value-at-Risk estimate, whichever is lower.
Prohibited strategies5 rules
- Hedging or opposite trading, and copy trading, across multiple accounts or traders.
- Tick scalping, defined as opening and closing a trade within 10 seconds; a warning triggers once over 10% of trades qualify, repeat violations end the account.
- One-sided betting (large trades during high volatility or news without a stated strategy), all-in trading, and account rolling (pushing an account to its limit, then buying another).
- Third-party EAs or paid services used to pass an evaluation, latency arbitrage and high-frequency trading.
- Using one device for multiple customers, paying for a challenge on someone else's behalf, or masking/rotating IP addresses across countries.
Consistency & profile rules4 rules
- Evaluation phases: no more than 40% of a phase's profit target may come from a single day.
- Funded accounts: no more than 1% of profit, measured against the starting balance, may come from a single day.
- Separately, profile-wide Consistency Rules can restrict or close every account under a trader's profile after 3+ warnings, or if Fintokei judges the overall pattern 'unsustainable,' randomness-like, or suspicious of hedging/copy trading without firm proof.
- Rule changes are communicated at least 14 days before taking effect, per Fintokei's own policy.
Account, KYC & payments5 rules
- Maximum combined initial balance in the funded phase: $400,000 across ProTrader and ProTrader Swing together, $200,000 across SwiftTrader, $100,000 across StartTrader, before any Loyalty capital boost.
- Up to 200 open or pending orders at a time; a 30-day inactivity rule applies.
- KYC identity verification is required before payout.
- Challenge fees are non-refundable under all circumstances.
- Services are not offered to residents or citizens of the United States, India, Russia, Belarus, North Korea, Iran, Myanmar, Syria, Yemen, Cuba, Venezuela, Sudan, South Sudan, Afghanistan, Somalia or Iraq, with Vietnam, Pakistan, Bangladesh and China temporarily restricted; new purchases from Malaysia are also currently paused.
Payout rules4 rules
- Minimum withdrawal: €100 / $100 / 2,000 CZK / 20,000 JPY on StartTrader, ProTrader and ProTrader Swing.
- SwiftTrader requires a 3% minimum profit before the first payout.
- Payouts are available every 14 days per account, starting 14 days after the first trade on the funded account.
- Payout methods include bank wire/SEPA, the Walletory e-wallet and crypto in selected countries.
What Fintokei allows
RestrictedEAs / botsRestricted
Third-party EAs or paid signal/strategy services used specifically to pass an evaluation are banned, along with latency arbitrage and HFT; a trader's own personal EA isn't separately addressed in public materials.
RestrictedNews tradingRestricted
Not banned by name except as noted, but large one-off trades around high-impact news with no stated strategy are treated as prohibited 'one-sided betting'; ProTrader Swing explicitly allows news trading.
AllowedWeekend holdingAllowed
Not on the prohibited list. ProTrader Swing is purpose-built for it (swap-free); other programs incur normal swap charges over the weekend.
AllowedOvernight holdingAllowed
Allowed on all programs; only ProTrader Swing's daily loss limit ignores open overnight positions until they are closed.
Not allowedCopy tradingNot allowed
Opposite trading, hedging or copy trading across multiple accounts or traders is explicitly banned and is cited in many post-payout account terminations.
Not allowedHedgingNot allowed
Hedging across multiple accounts or traders is explicitly listed as a prohibited practice under the firm's Key Rules.
RestrictedScalpingRestricted
Tick scalping (opening and closing within 10 seconds) triggers a warning once over 10% of trades qualify and termination on repeat; wide, inconsistent Gold and index spreads are a frequent scalper complaint.