Funding Pips vs The Funded Trader: Which Prop Firm Wins in 2026?
Side-by-side breakdown of rules, fees, payouts and who should pick which.
Quick Verdict
Funding Pips and The Funded Trader both have strong cases — the tiebreaker is your trading style. See the side-by-side table below and the "who should pick which" section for an honest answer.
Head-to-Head Comparison
| Metric | Funding Pips | The Funded Trader |
|---|---|---|
| Founded | 2022 | 2022 |
| HQ | Dubai, UAE | Delaware, USA |
| Market | Forex/CFD | Forex/CFD |
| Minimum fee | $30 | $39 |
| Account size range | $5,000 – $200,000 | $5,000 – $400,000 |
| Profit split | 80% (up to 90%) | 80% (up to 90%) |
| Payouts | Bi-weekly (every 14 days from first payout) | Bi-weekly |
| Challenge model | 2-step (Phase 1 + Phase 2) | Standard 2-step, Rapid 1-step, Royal, Knight (3-step) |
| Platforms | MT5, cTrader, Match-Trader | MT4, MT5, DXtrade, Match-Trader |
Funding Pips Pros
- Industry-cheapest entry fee ($30 for $5k) — undercuts almost everyone
- Allows news trading, EAs, scalping, and weekend holds
- High demand among Reddit /r/algotrading users in 2026
- cTrader support including Smart Trader Tools
The Funded Trader Pros
- 4 challenge variants to match trading style
- Low entry fee ($39) for $5K account — cheapest way to test
- No consistency rule on most programs
- Community-driven with active Discord support
Who Should Pick Which?
Pick Funding Pips if: Cost-sensitive traders running EAs who want the cheapest possible 2-step entry.
Pick The Funded Trader if: Traders wanting a cheap entry point or multiple challenge formats to test.
Test Both Against Your Strategy — Before You Pay
Run your backtest through JPTradingCapital's Prop Firm Checker — we evaluate your trades against Funding Pips's and The Funded Trader's exact rulesets and tell you which one your strategy would actually pass.
Full Funding Pips and The Funded Trader Reviews
Frequently Asked Questions
Which is cheaper, Funding Pips or The Funded Trader?
Funding Pips is cheaper to start, with a minimum challenge fee of $30. Funding Pips starts at $30 and The Funded Trader starts at $39. Cheaper entry doesn't always mean better value — check the profit split, account ceiling, and payout reliability before deciding.
Which has the better profit split, Funding Pips or The Funded Trader?
Funding Pips offers 80% (up to 90%) and The Funded Trader offers 80% (up to 90%). Note: most prop firms scale the split with consecutive payouts, so the headline number is just the starting point.
Can I run the same EA on both Funding Pips and The Funded Trader?
Yes — both firms support MT5 and Match-Trader, so any EA compiled for those platforms will run on both. You'd still need to verify each firm's news-trading and scalping rules to make sure your strategy is allowed.
Which is more reputable, Funding Pips or The Funded Trader?
Both firms were founded in 2022. Reputation is a tie on age — verify recent payout proofs on Reddit /r/Forex and TrustPilot for both before committing.
Which is better for swing traders, Funding Pips or The Funded Trader?
Swing traders need to check two things: (1) whether the firm allows weekend holds, and (2) whether the daily drawdown is static or trailing. Trailing DD is brutal for swing positions because intraday peak equity becomes the new floor. See the Pros/Cons section above for each firm's specifics.
Can I use both Funding Pips and The Funded Trader simultaneously?
Yes — most prop firms allow you to hold multiple accounts at different firms (their rules apply only to their own accounts). Some traders deliberately diversify across 2-3 firms to reduce single-firm risk and stack payouts.