Funding Pips vs TopStep: Which Prop Firm Wins in 2026?

Side-by-side breakdown of rules, fees, payouts and who should pick which.

Quick Verdict

Funding Pips and TopStep serve different markets: Funding Pips for forex/CFD traders, TopStep for futures traders. Pick based on what you actually trade, not which firm looks better on paper.

Head-to-Head Comparison

MetricFunding PipsTopStep
Founded20222012
HQDubai, UAEChicago, USA
MarketForex/CFDFutures
Minimum fee$30$49
Account size range$5,000 – $200,000$50,000 – $150,000
Profit split80% (up to 90%)90% (first $10K), then 90% thereafter
PayoutsBi-weekly (every 14 days from first payout)Weekly (after 5 winning days, 30%+ above starting balance)
Challenge model2-step (Phase 1 + Phase 2)1-step Trading Combine
PlatformsMT5, cTrader, Match-TraderTopstepX, NinjaTrader, TradingView, Tradovate

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

TopStep Pros

  • Oldest and most established futures prop firm (2012)
  • Highest profit split in futures space (90%)
  • 1-step combine: pass once, get funded
  • Regulated (SEC/CFTC adjacent), payouts reliably processed

Who Should Pick Which?

Pick Funding Pips if: Cost-sensitive traders running EAs who want the cheapest possible 2-step entry.

Pick TopStep if: Futures day traders who can pass a 1-step combine manually (no algos).

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 TopStep's exact rulesets and tell you which one your strategy would actually pass.

Open the Prop Firm Checker →

If the decision is really about who runs the evaluation rather than which firm, our prop firm challenge passing service trades it for you on either firm. The account is bought in your name and we take no share of your payouts.

Full Funding Pips and TopStep Reviews

Frequently Asked Questions

Which is cheaper, Funding Pips or TopStep?
Funding Pips is cheaper to start, with a minimum challenge fee of $30. Funding Pips starts at $30 and TopStep starts at $49. 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 TopStep?
Funding Pips offers 80% (up to 90%) and TopStep offers 90% (first $10K), then 90% thereafter. 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 TopStep?
It depends on which platform your EA targets. Funding Pips supports MT5, cTrader, Match-Trader and TopStep supports TopstepX, NinjaTrader, TradingView, Tradovate. There's no platform overlap, so you'd need to recompile or rewrite the EA.
Which is more reputable, Funding Pips or TopStep?
Funding Pips (founded 2022) has the longer track record. Funding Pips was founded in 2022 and is still building its payout reputation. For larger account sizes the older firm is usually the safer pick.
Which is better for swing traders, Funding Pips or TopStep?
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 TopStep 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.