FUNDERPRO VS FUNDINGPIPS
Rating breakdown
FunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
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 FUNDERPRO VS FUNDINGPIPS Trading Features
| Trading Feature | FUNDERPRO | FUNDINGPIPS |
|---|---|---|
| 🖥️ Trading Platforms: | ||
| 💰 Fees: | FunderPro offers four tiers of funded account challenges: a $25K balance costs $250, a $50K balance costs $300, a $100K balance costs $550, and a $200K balance costs $995. Scaling plan up to $5 million. | 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; $500 for a 100K account. |
| 🚀 Profit split: | The FunderPro funded account challenge pays out 80% of the profits. | Funding Pips offers up to a 100% profit split for traders (starts at 80%), maximizing their earnings potential. |
| ✔️ Evaluation: | FunderPro’s flagship product is a two-step evaluation. | By completing both evaluation phases, you are awarded a funded account with a minimum withdrawal amount of 1% of the initial account balance. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. |
| 🎯 Profit Target: | 10% for Stage 1 and 8% for Stage 2. | The profit target is 8% in phase one and 5% in phase two. |
| ⚓ Maximum drawdown (MDD): | 10% maximum loss throughout the challenge. 8% maximum daily loss. | Funding Pips enforces a maximum total drawdown of 10% across all challenges. |
| ⌛ Trading Period: | Unlimited time to complete the challenge. | No maximum limit on trading days |
| ⚖️ Leverage: | The leverage in FunderPro for the Regular Challenge and Funded Accounts is Forex: 1:100, Metals, Oil, and Indices: 1:50, Crypto: 1:2 | The leverage depends on the evaluation model you choose. You can trade with up to 1:100 leverage |
| 🔧 Instruments: | Forex, indices, commodities, cryptocurrencies and stocks. | You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads. Forex and Metals have a 2$ commission per lot. Crypto, Indices, and Oil are commission-free. |
| 📰 Allow Trade News: | No FunderPro does not allow news trading. You can close the trading before 2 minutes of high-impact news and re-open trading after 2 minutes. | You are allowed to hold trades during news. |
| 🔄 Weekend Position: | No you cannot hold trades during weekend. | You are allowed to hold trades over the weekend. |
| 💰 Payout Policy: | FundingPips Zero: - Biweekly (95%) with 15% consistency rule. - 3% safety cushion. - Biggest loss cannot exceed biggest win. FundingPips (1-Step): - Weekly (every Tuesday). FundingPips (2-Step): - Weekly, Biweekly, Monthly. |
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 Funderpro vs Fundingpips.
Compare FUNDERPRO VS FUNDINGPIPS Funded Trading Accounts Programs - Find the best firm for you
FUNDERPRO 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 | The FunderPro Challenge is simple and straightforward. Traders select their account size- $25k, $50k, $100k, or $200k. The requirements are easily followed without unnecessary complications - max daily and overall losses are fair, and traders have all the time they need to trade because there is no deadline for the challenge to be completed. 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 FunderPro team is reliable and helpful. Traders get paid weekly with a profit share every Friday. On the other hand Funding Pips offers flexible pricing options, diverse trading instruments, a rewarding scaling plan, and high-profit sharing. |
| Fee | FunderPro is actually a pretty decent value for every account size. it is also focused on its traders, which could mean that they provide a better experience for their clients. 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 FunderPro after your first payout, you will continue to receive payouts on a weekly basis. Your profit split will be 70% based on the profit you make on your funded account. While this isn't as generous a profit split as some rivals, the challenge conditions are not as strict, making it easier to come out winning. For this reason, they score highly on this metric. 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. |