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Reviewed by the BrokerSift editorial team · updated

Funding Pips vs FundedNext

Funding Pips and FundedNext are both Dubai-founded prop firms launched within months of each other in 2022, and both built their reputations on fast payouts and flexible challenge formats rather than FTMO-style seniority. Funding Pips offers the most granular payout-cadence-versus-split tradeoff in the industry, plus a genuine no-evaluation Zero model; FundedNext counters with a simpler weekly cycle backed by a delay-compensation guarantee and a larger scaling ceiling. Both are unregulated offshore firms, so the decision comes down to fee structure, rule tolerance, and how each firm's funded-stage restrictions fit your trading style.

Our verdict

  • Traders who want to skip the evaluation

    Funding Pips

    Funding Pips' Zero model offers instant funding with no profit-target phase; FundedNext has no equivalent.

  • Traders who want the simplest payout structure

    FundedNext

    FundedNext's flat weekly cycle with a delay-compensation guarantee is easier to plan around than Funding Pips' cadence-tiered split system.

  • Traders wanting the largest scaling ceiling

    FundedNext

    FundedNext's $4 million CFD ceiling, plus a separate futures allocation, doubles Funding Pips' $2 million cap.

  • News-driven traders

    FundedNext

    FundedNext's 40% news-exposure cap is more predictable than Funding Pips' 15% single-day profit cap, which can void a payout after one strong day.

Quick comparison

Funding PipsFundedNext
Profit split60%-100% depending on payout cadence (up to 100% on Hot Seat/monthly)80% standard (90% add-on available), scaling to 95%
Max funding$300,000 per account, scalable toward $2,000,000$200,000 per CFD account (scaling program to $4 million); futures allocations to roughly $700,000
PayoutsWeekly (Tuesday Payday), bi-weekly, monthly, or on-demand after qualifyingEvery 14 days after a first payout at 21 days (Stellar 2-Step); every 5 business days (Stellar 1-Step)
PlatformsMT5, cTraderMT4, MT5, cTrader, TradingView, Proprietary
Scaling planFour-tier scaling (Launchpad, Ascender, Trailblazer, Hot Seat) that grows funded capital toward $2 million for traders who hit consecutive profit/payout milestones; Hot Seat also unlocks on-demand payouts and a 100% split.FundedNext Pro scaling adds 25% to the balance per qualifying payout cycle, with the reward share rising to 95% and CFD capital growing toward $4 million
InstrumentsForex, Indices, Commodities, CryptoForex, Indices, Commodities, Crypto
Not accepted fromUnited States, Iran, Vietnam and the United Arab Emirates (official list), plus sanctioned jurisdictionsBangladesh, Myanmar, Belarus, North Korea, Syria, Grenada, Chad, Malaysia, Belize, Antigua and Barbuda, Cape Verde, Tuvalu, Vietnam, Bouvet Island, Burundi, Cook Islands, Eritrea, Comoros, Sri Lanka and Fiji (CFDs); MetaTrader is unavailable to US-located clients
Founded20222022
HeadquartersDubai, UAEDubai, United Arab Emirates
RegulationCompany registration only — Mwali International Services Authority (Comoros), not a financial regulator (HE 450941) — Funding Pips Services LtdDubai Department of Economy and Tourism (DED) — FundedNext (Dubai operating entity; licence number not published in full), Financial Sector Conduct Authority (FSCA), South Africa (FSP No. 53187) — FundedNext Group, Financial Services Authority, Seychelles (SD No. 137) — FNmarkets Ltd., Vanuatu Financial Services Commission — FundedNext Group (licence number not published in full), Ajman Free Zone (AFZ), UAE — company registration only (28831) — GrowthNext – F.Z.E., Mwali International Services Authority, Comoros — company registration only (HY01023052) — FundedNext Ltd

Side by side

Challenge rules

Better here: Funding Pips

Funding Pips runs four paths: a 1-Step (10% target, 6% max/3% daily drawdown), Classic 2-Step (8%/5% targets, 10% max/5% daily), Pro 2-Step (6%/6% targets, tighter 6% max/3% daily but higher commissions), and Zero, an instant-funding model with no evaluation, a 5% trailing drawdown and a 7-day minimum trading requirement. FundedNext runs a 2-Step Evaluation (10%/5% targets, 5% daily/10% total) and a 1-Step Stellar (10% target, 4% daily/6% total). Neither firm imposes a time limit on evaluation phases. Funding Pips' Zero model is the only true no-evaluation option between the two; FundedNext has no equivalent instant-funding path.

Profit split and payouts

Tie

Funding Pips ties its split to payout cadence: roughly 60% for weekly 'Tuesday Payday', rising through bi-weekly and on-demand tiers to 100% for monthly payouts, with Zero paying 95% standard and 100% on the Hot Seat tier. FundedNext keeps it simpler — 80% standard with a purchasable 90% add-on, scaling to 95% — paid on a flat weekly cycle typically processed within 24 hours and backed by a $1,000 delay-compensation guarantee. FundedNext's structure is easier to reason about and its weekly-with-guarantee cycle is a stronger baseline than Funding Pips' lowest (60%) weekly tier, though a Funding Pips trader willing to wait for monthly or on-demand payouts can out-earn FundedNext's 95% ceiling by reaching 100%.

Pricing and account sizes

Better here: FundedNext

Funding Pips is aggressively priced, with its Pro 2-Step starting around $29 for a $5,000 account and its most expensive model (Zero) at $69; account sizes run $5,000 to $100,000. FundedNext's fees start under $60 and cover a wider size range, from $2,000 up to $200,000 CFD accounts. FundedNext's larger maximum account size and lower minimum give it a broader range for traders who want either very small or very large starting capital; Funding Pips is cheaper at the entry tier for a $5,000 account specifically.

Scaling ceiling

Better here: FundedNext

Funding Pips' four-tier scaling program (Launchpad, Ascender, Trailblazer, Hot Seat) grows capital toward $2 million. FundedNext's scaling program reaches $4 million in combined CFD capital, plus separate futures allocations toward roughly $700,000 — double Funding Pips' ceiling and with a dedicated futures track Funding Pips does not offer.

Platforms and instruments

Better here: FundedNext

Funding Pips trades on MT5, cTrader, MatchTrader, and TradeLocker — a broader platform list, but with no MT4 support. FundedNext supports MT4, MT5, cTrader, and Match-Trader for CFDs, plus NinjaTrader, Tradovate, and TradingView for a separate futures product. Both cover forex, indices, commodities and crypto on the CFD side; FundedNext's added futures track is a meaningful point of difference for traders who want that asset class.

Trading restrictions

Better here: FundedNext

Funding Pips' funded accounts add a news-trading blackout (5 minutes either side of high-impact releases, 10 minutes on Zero) and a rule capping any single day's profit at 15% of cumulative profit — a real risk for traders whose results are dominated by one big day. FundedNext caps news-event exposure at 40% of funded-account size and restricts EA use to MetaTrader platforms, typically for an added fee, with no EAs on cTrader. Both add funded-stage restrictions not present during evaluation, but Funding Pips' single-day profit cap is a subtler trap that has caught out reviewers, making FundedNext's rules marginally more predictable.

Track record and trust

Tie

Funding Pips reports over $180 million paid out across more than 100,000 verified transactions, with a 4.5 Trustpilot score across roughly 67,000 reviews (about 8% one-star, mostly citing abrupt terminations). FundedNext reports figures in the hundreds of millions paid out and is similarly one of the most-reviewed firms in the sector with a stable rating. Both are young firms (founded 2022) with comparably large review volumes; this is close to a wash on trust signals, though FundedNext's slightly larger reported payout total gives it a marginal edge.

Read the full review: Funding PipsRead the full review: FundedNext

Frequently asked questions

Which offers instant funding, Funding Pips or FundedNext?

Only Funding Pips offers a true no-evaluation option, its Zero model. FundedNext requires passing either its 2-Step Evaluation or 1-Step Stellar challenge.

Which pays a higher profit split, Funding Pips or FundedNext?

Funding Pips can reach 100% on its monthly or Hot Seat payout tiers, higher than FundedNext's 95% scaling ceiling, but Funding Pips' lowest weekly tier pays only around 60%, versus FundedNext's 80-95% regardless of cadence.

Which has a bigger scaling ceiling, Funding Pips or FundedNext?

FundedNext scales to $4 million in CFD capital plus a separate futures allocation toward $700,000, roughly double Funding Pips' $2 million ceiling.

Which is cheaper, Funding Pips or FundedNext?

Funding Pips' Pro 2-Step starts around $29 for a $5,000 account, cheaper at the entry tier. FundedNext starts under $60 but covers a wider account-size range, from $2,000 to $200,000.

Does either firm support MT4?

Only FundedNext supports MT4 (alongside MT5, cTrader, and Match-Trader). Funding Pips does not offer MT4 at all.

Which firm restricts news trading more?

Funding Pips blocks trading within 5-10 minutes of high-impact news on funded accounts and caps any single day's profit at 15% of cumulative profit. FundedNext caps news-event exposure at 40% of account size, a more permissive limit.

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