FTMO vs Funding Pips (2026): Which Prop Firm Is Better?
Independent comparison · Updated June 2026
Trading with a prop firm can accelerate your growth as a trader — but choosing the wrong firm can become an expensive mistake.
Two of the most discussed names in the industry right now are FTMO and Funding Pips. FTMO is the veteran. Funding Pips is the newer challenger that has rapidly gained popularity among funded traders worldwide.
So which one is actually better? The answer depends on your trading style, experience level, and what you value most in a prop firm. This comparison breaks down everything that matters.
Quick Verdict
Choose FTMO if you:
- • Value reputation above everything else
- • Prefer a firm with a decade of track record
- • Trade conservatively with structured rules
- • Want the most recognised name on your funded account
Choose Funding Pips if you:
- • Want flexibility in challenge models
- • Prefer 1-step evaluations
- • Trade aggressively and want scaling speed
- • Are comfortable with newer, fast-growing firms
FTMO vs Funding Pips: Quick Comparison
| Feature | FTMO | Funding Pips |
|---|---|---|
| Founded | 2015 | 2022 |
| Reputation | Industry leader | Fast-growing challenger |
| Evaluation | 2-Step | 1-Step & 2-Step |
| Profit Split | Up to 90% | Up to 100% (via scaling) |
| Maximum Drawdown | 10% | Depends on account type |
| Daily Drawdown | 5% | Depends on account type |
| Scaling Plan | Yes | Yes |
| Platforms | MT4, MT5, DXtrade | MT5, Match Trader, cTrader |
| News Trading | Allowed | Check per plan |
| Weekend Holding | Allowed | Allowed |
| Best For | Conservative traders | Flexible, growth-focused traders |
Reputation & Trust
When traders discuss prop firms on Reddit, Discord, or trading forums, FTMO is still considered the benchmark. Founded in 2015 in Prague, it has paid out hundreds of millions to funded traders and built a brand that carries genuine weight in the community. A funded FTMO account is widely recognised as proof of skill.
Funding Pips launched in 2022 and has grown faster than almost any other prop firm since. Its rapid rise is driven by attractive challenge pricing, flexible account structures, and a growing presence on social media. Trader sentiment on Reddit and Discord is broadly positive, with particular praise for its customer service and payout reliability.
If trust based on track record is your primary concern, FTMO leads. If you care more about flexibility and competitive pricing, Funding Pips competes strongly.
Evaluation Process
FTMO
FTMO uses a straightforward two-step evaluation. Phase 1 requires a 10% profit target. Phase 2 requires 5%. Both phases apply the same drawdown rules: 5% daily drawdown and 10% maximum drawdown. There is no time limit on either phase, which is a significant advantage for traders who want to execute without pressure.
Funding Pips
Funding Pips offers more variety. Traders can choose between one-step and two-step evaluation models depending on the account type. The one-step model is particularly popular with traders who want to get funded faster and are confident in their ability to hit a target in a single phase.
This flexibility is one of Funding Pips' strongest selling points. Different trading styles benefit from different evaluation structures — and having the choice matters.
Trading Conditions
This is where most traders make their biggest mistake. They focus entirely on payout percentages and ignore the actual rules. The best prop firm is the one whose rules match your strategy — not the one with the highest split.
Before purchasing any challenge, compare:
- ✦Daily drawdown limit and how it is calculated
- ✦Maximum drawdown — trailing or static
- ✦News trading restrictions
- ✦Rules around holding positions over the weekend
- ✦Allowed trading styles (scalping, EAs, hedging)
- ✦Minimum trading days required
A trader who relies on intraday liquidity sweeps and fast execution around news events will find Funding Pips — with its cTrader support and broader instrument coverage — more suitable. A trader who values clearly documented, stable rules and no surprises will feel more at home with FTMO.
Payout Comparison
Both firms have earned strong reputations for paying out. FTMO built its name over a decade of consistent, on-demand payouts. Funding Pips has followed suit and is now regarded as one of the more reliable newer firms for payout consistency.
FTMO offers on-demand payouts after the first 14-day cycle — meaning you are not waiting a full month. Funding Pips payout cycles vary by account type.
The bigger question is not who pays better. It is whether you can pass the challenge in the first place — and that depends almost entirely on your discipline.
Which Firm Is Better for Beginners?
For most beginners, FTMO is the safer starting point. The rules are well-documented, the community is enormous, and there is more educational content available specifically for FTMO evaluations than any other firm.
That said, some newer traders find Funding Pips more accessible because the 1-step evaluation simplifies the challenge process. If you have a consistent strategy but hate the two-phase structure, Funding Pips is worth considering.
The best answer depends on your trading personality. That is exactly why the Firm Matcher exists.
Final Verdict
The truth is that neither firm will make you profitable. Your execution, discipline, and risk management matter far more than the logo on your funded account.
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