FUNDEDNEXT VS FUNDINGPIPS
Rating breakdown
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
Funding Pips Overview
Funding Pips is a cutting-edge proprietary trading firm headquartered in Dubai. Specializing in CFD trading across various assets, including commodities, energies, currencies, cryptocurrencies, and indices, the firm offers traders access to evaluation (demo) accounts. Designed by traders for traders, Funding Pips provides standout features like up to 100% profit splits and fast payouts, making it a top choice for ambitious traders.Compare FUNDEDNEXT VS FUNDINGPIPS Trading Features
| Trading Feature | FUNDEDNEXT | FUNDINGPIPS |
|---|---|---|
| 💰 Fees: | For FundedNext evaluation model, you pay for the challenge costs from $99 for a $15,000 funded account to $999 for a $200,000 funded account. | Fees range from $100 to $500. $100 for a 5K account; $200 for a 10K account; $300 for a 25K account; $400 for a 50K account; $500 for a 100K account. |
| 🚀 Profit split: | FundedNext pays out up to 90%. Your profit share will start at 60% in the express real account. After the first withdrawal, it will get bumped to 75%, and after the second withdrawal, it will again get bumped to 90%. | Funding Pips offers up to a 100% profit split for traders (starts at 80%), maximizing their earnings potential. |
| ✔️ Evaluation: | You must need to meet at least 10% account growth accumulatively in four consecutive months in a real account. In these four consecutive months, you need to make a minimum of two payouts, and your last month should end in a profit. | By completing both evaluation phases, you are awarded a funded account with a minimum withdrawal amount of 1% of the initial account balance. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. |
| 🎯 Profit Target: | A trader must achieve a profit target of 25% during the express model evaluation period without exceeding the 5% daily maximum profit or 10% maximum loss limits. | The profit target is 8% in phase one and 5% in phase two. |
| ⚓ Maximum drawdown (MDD): | Your maximum daily drawdown on any given day is 5% of your account balance | Funding Pips enforces a maximum total drawdown of 10% across all challenges. |
| ⌛ Trading Period: | There is no time limit or pressure to reach any profit target within a restricted period. | No maximum limit on trading days |
| ⚖️ Leverage: | FundedNext provides leverage of 1:100 to all trading accounts. | The leverage depends on the evaluation model you choose. You can trade with up to 1:100 leverage |
| 🔧 Instruments: | You can trade all the different assets that are available in the MT4, including Forex currency, raw feed, indices, and commodities. | You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads. Forex and Metals have a 2$ commission per lot. Crypto, Indices, and Oil are commission-free. |
| 📰 Allow Trade News: | Yes with FundedNext you can trade during news events. | You are allowed to hold trades during news. |
| 🔄 Weekend Position: | Yes you are permitted to hold your trade overnight & over the weekend for the Evaluation program | You are allowed to hold trades over the weekend. |
After spending several days researching different Proprietary Trading Firm for funded trading accounts, our team at start-business-online.com team collected various data points. For this review, we will compare Fundednext vs Fundingpips.
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Are FUNDEDNEXT or FUNDINGPIPS currently the best possible options in the market? No Proprietary Trading Firm is perfect, and those two are no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative. So which Firms are better than Fundednext and Fundingpips? Want to jump straight to the answer?
Compare FUNDEDNEXT VS FUNDINGPIPS Funded Trading Accounts Programs - Find the best firm for you
FUNDEDNEXT VS FUNDINGPIPS Prop Trading Firms at a glance
A handy comparison table with all the key facts for the Funded Trading Accounts Programs.
| Evaluation Metric | How they performed |
|---|---|
| Challenge Assessment | Not all traders will be suited to the FundedNext approach. While the rewards are high, the evaluation does not come without its rules and some traders will simply not be suited to the parameters of a prop firm challenge. On the other hand Funding Pips overly strict trading rules, such as rigid drawdown limits and unrealistic profit targets, often make it challenging to maintain a trading account successfully. |
| Customer support | The FundedNext firm has no restrictions on trading style. Their program is a great option regardless of the type of trader you are because they also provide very flexible trading guidelines. On the other hand Funding Pips offers flexible pricing options, diverse trading instruments, a rewarding scaling plan, and high-profit sharing. |
| Fee | The FundedNext fees are not above the industry average, but there is of course an entry payment required for participating in the Challenge. on the minimum plan with a $15,000 balance, the initial fee is $99. To get the maximum balance of $200,000, you have to pay $999. On the other hand Funding Pips charges evaluation fees and commissions but keeps other fees to a minimum to facilitate smooth trading experiences. |
| Payout scheme | With FundedNext traders are entitled up to 90% of the profits they earn on a funded account. And withdrawing is simple. You will receive the first payout after four trading weeks, and from the second payout onwards, you will receive it every two trading weeks (14 days). The cycle will start once you place the first trade in your real account and will be applicable for each consecutive cycle. On the other hand With Funding Pips traders benefit from frequent payouts, starting as early as the first Tuesday, and can enjoy a profit share of 80% to 100%. However, Funding Pips' limited payout options, coupled with the 1% withdrawal requirement, can frustrate traders. |
The Verdict: Fundednext or Fundingpips?
There’s no such thing as a perfect Proprietary Trading Firm, but some are going to be a better fit for you than others.
Objectively, Fundednext is more reliable based on our criteria above.
What We Really Like on Fundednext
Unlimited evaluation free retries (7% Off Exclusive Offer)
No restrictions on trading style
Overnight and weekend holding allowed
A large variety of trading instruments
What We Do not Like on Fundingpips
10% Max Loss Limit on Accounts
$10 Withdrawal Processing Fee
No swap free accounts
Other Important Factors That Influence Our decision the most
Funding Pips vs. FundedNext: A Head-to-Head Comparison
Both Funding Pips and FundedNext offer proprietary trading opportunities for traders seeking capital and access to larger funds, but they differ significantly in terms of flexibility, fee structures, trading rules, and overall appeal. Below is a comparison of their key aspects, highlighting why FundedNext stands out as the winner.
1. Capital Allocation
Funding Pips: Traders can scale their accounts with adjustable drawdowns and profit-sharing of up to 100%, but no maximum funding cap is mentioned.
FundedNext: Offers up to $4 million in capital—one of the most significant amounts available. This opens larger opportunities for traders aiming for higher returns and bigger markets.
Winner: FundedNext
2. Profit Sharing
Funding Pips: Provides an 80%–100% profit split, which is highly competitive.
FundedNext: Traders can enjoy up to 90% profit share, with greater emphasis on helping traders maximize their earnings through dedicated support.
Winner: FundedNext (for ease of use and capital scale)
3. Fee Structure
Funding Pips: Traders have raised concerns over high fees and hidden charges, such as platform fees, withdrawal costs, and subscription fees that can eat into profits.
FundedNext: While it does have upfront costs like many prop firms, its fees are transparent and in line with industry standards. There’s no major emphasis on hidden or excessive costs.
Winner: FundedNext (more transparent and reasonable fees)
4. Flexibility & Trading Rules
Funding Pips: While it offers a wide range of trading instruments and leverage up to 1:100, traders have criticized the platform for rigid rules such as strict drawdown limits and unrealistic profit targets. Prohibitions on hedging and reliance on equity-based drawdowns during evaluations add constraints.
FundedNext: It provides greater flexibility with no maximum trading day requirements and a choice between multiple funding models (Evaluation or Express). It even allows overnight and weekend trading for some account types, making it more accommodating for diverse trading styles.
Winner: FundedNext (due to more flexible rules and trading conditions)
5. Payout & Withdrawal Options
Funding Pips: Offers payouts starting as early as the first Tuesday, but there are limitations on payout options and a 1% withdrawal requirement, frustrating many traders.
FundedNext: Features more accessible payouts, with fewer restrictions, allowing traders to better access their profits. The withdrawal process is straightforward and efficient.
Winner: FundedNext (for its ease of payouts)
6. Customer Support & Trustworthiness
Funding Pips: It has earned a solid TrustScore of 4.40/5 but faces some user complaints about lack of flexibility and strict trading rules.
FundedNext: With a higher TrustScore of 4.60/5 and partnership with a reputable ASIC-regulated broker (EightCap), it offers traders a more trustworthy environment. However, there have been some complaints about customer service, though less severe compared to Funding Pips.
Winner: FundedNext (for better overall customer trust and regulation)
7. Trading Instruments & Leverage
Funding Pips: Provides access to a diverse range of assets, including forex, commodities, indices, and cryptocurrencies, with leverage up to 1:100.
FundedNext: Also offers 1:100 leverage across all accounts, along with the freedom to trade various instruments and use any strategy.
Tie: Both platforms offer similar trading instruments and leverage.
Final Verdict: FundedNext Wins
While Funding Pips has its advantages, FundedNext emerges as the winner due to its higher capital allocation, more flexible trading rules, better payout options, and transparent fee structure. It is the better choice for traders looking for a balance of high profits, trading freedom, and reliable support.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Funded Trading Accounts based on your precise requirements here.