Updated September 30, 2026 · BrokerCue Editorial Team
Funding Pips vs PropNext
Funding Pips vs PropNext: the differences
| Compare | Funding Pips ReviewSee alternativesSee alternatives | PropNext ReviewVisitVisit |
|---|---|---|
| Challenge price | $29 to $555 | €99 to €1,999 |
| Profit split | 100%Higher | 80% to 90% |
| Maximum drawdown | 12%Higher | 6% to 10% |
| Account sizes | $5K, $10K, $25K, $50K, $100K | $10,000 - $500,000 |
| Daily loss limit | 4% | 3% to 5% |
| Payout frequency | Weekly, bi-weekly, monthly, daily, on demand | Every 14 days |
Same on both: Evaluation steps (2 step).
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Key differences
- Funding Pips scores higher overall: 9.2 vs 8.6.
- Founded is lower at Funding Pips: 2022 vs 2024.
- Profit split is higher at Funding Pips: 100% vs 80% to 90%.
- Maximum drawdown is higher at Funding Pips: 12% vs 6% to 10%.
Our verdict on each
Funding Pips
Funding Pips suits traders who want the full profit split and roomy drawdown rules on a 2 step evaluation at a $29 to $555 entry fee. The generous 12% limit and 100% share sit at the top of the field, though the entry cost is higher than some rivals.
PropNext
PropNext suits traders who want a mid-range entry cost and a solid share of profits, with a challenge priced at €99 to €1,999 and a split of 80% to 90%. The trade-off is pace: payouts run Every 14 days, and no regulator is named, so weigh the firm on its own terms.
Score breakdown
| Area | Funding Pips | PropNext |
|---|---|---|
| Cost | 9.8HigherChallenge fees run $29 to $555, from the lowest tier to the largest, with $5K, $10K, $25K, $50K, $100K to size the buy. | 8.7Fees of €99 to €1,999 are mid-range, and the split of 80% to 90% tops out below 95% on the site. |
| Offer | 9.8HigherA 100% profit split and Weekly, bi-weekly, monthly, daily, on demand payouts, with a 12% maximum drawdown and a 4% daily loss limit. | 9.5Account sizes of $10,000 - $500,000 cover many budgets and 2 step keeps the route to a funded account short. |
| Trust | 8.3Higher | 8.0Support on email, chat and help centre is the visible safety net, alongside a 2024 founding year. |
A third option
Fidelcrest has maximum drawdown at 10% to 20%, against 12% for Funding Pips and 6% to 10% for PropNext.
Fidelcrest reviewWhat we checked
Funding Pips
- fundingpips.com: 10 facts, checked September 26, 2026
- help.fundingpips.com: 1 fact, checked September 26, 2026
PropNext
- propnext.com: 10 facts, checked September 30, 2026
How they place
| Ranking | Funding Pips | PropNext |
|---|---|---|
| Prop trading firms | 12 of 37 | 1 of 37 |
Every fact side by side
| Fact | Funding Pips | PropNext |
|---|---|---|
| Legal entity | FundingPips Corp | Not confirmed |
| Headquarters | Comoros | Nauru |
| Founded | 2022Lower | 2024 |
| Support channels | Email, Chat, Help centre, Community | Email, Chat, Help centre, Community |
Where each stands against the rest
| Fact | Funding Pips | PropNext | Median |
|---|---|---|---|
| Profit split | 100%highest quarter | 80% to 90%at the median | 90% |
| Maximum drawdown | 12%highest quarter | 6% to 10%at the median | 10% |
| Daily loss limit | 4%above the median | 3% to 5%at the median | 3% |
Median across 26 listed brokers.
Pros and cons
Funding Pips
Pros
- The profit split is 100%, first of 13 brands compared on that measure.
- A 12% maximum drawdown ranks first among 8 brands measured for it.
- Payouts run Weekly, bi-weekly, monthly, daily, on demand, so funded traders are not held to a single cycle.
Cons
- The challenge price of $29 to $555 is higher than the entry fee of Alpha Capital Group at $27.
- The daily loss limit of 4% tightens the risk a trader can take on a single session.
- Support runs on email, chat and help centre only, with no phone line listed.
PropNext
Pros
- Challenge fees of €99 to €1,999 undercut the $29 to $549 band at City Traders Imperium while staying above the $49 entry at Topstep.
- A profit split of 80% to 90% lines up with the 90% site median, so a funded trader keeps a competitive share.
- Account sizes of $10,000 - $500,000 let a trader start small and scale up without changing the evaluation format.
Cons
- Payouts go out Every 14 days, which is slow for anyone drawing a monthly income from a single funded account.
- The lower end of the 80% to 90% range sits under the 95% the strongest firms on the site reach, so a weaker tier earns noticeably less.
- A 3% to 5% daily loss limit under a 6% to 10% maximum drawdown leaves a wide adverse day little room before the account is at risk.
Who each suits
Funding Pips
Who it suits
- Traders chasing the full 100% rather than a reduced share of profits.
- Anyone who wants a 12% maximum drawdown rather than a tighter cap.
- Traders who prefer Weekly, bi-weekly, monthly, daily, on demand payouts to waiting on a monthly cycle.
Who should look elsewhere
- Traders shopping on the lowest entry fee alone, since Alpha Capital Group lists $27 and OFP Funding lists $35.
- Anyone who needs phone support, as the listed channels are email, chat and help centre.
- Traders who want a longer evaluation, since the route here is 2 step.
PropNext
Who it suits
- Traders starting small who want account sizes of $10,000 - $500,000 at a mid-range €99 to €1,999 rather than the cheapest entry available.
- Anyone comfortable working through a 2 step evaluation and accepting a 80% to 90% split on a funded account.
- Traders who can plan around slower cash, since payouts go out Every 14 days.
Who should look elsewhere
- Traders who want the smallest first outlay can pick Alpha Capital Group at $27 instead.
- Anyone who needs a wider fee band can look at City Traders Imperium, priced at $29 to $549.
- Traders who want a lower single figure can start at Topstep with $49.
Current offers
Funding Pips
Current offer
Discount code
20% off first challenge with code HELLO: 20% off first challenge
Excludes 100K accounts
Source, checked September 26, 2026
Free trial
Free Trial evaluation: Free evaluation on 2 Step and 2 Step Pro models
No purchase required, MT5, USD, 14 calendar days per evaluation phase, same targets and loss limits as the paid models
Source, checked September 26, 2026
Questions about each
Funding Pips
What does a Funding Pips challenge cost?+
Fees run $29 to $555 in total depending on the account you pick, and the site median for a challenge like this is €56.56. Because the evaluation is 2 step, the total entry cost covers a shorter route to a funded account than a longer staged process would.
How much of my profits do I keep?+
The profit split is 100%, so a funded trader keeps the whole of the profits. That is the strongest point on the sheet for anyone comparing shares, and it is why the entry fee sits above some rivals.
PropNext
How much does a PropNext challenge cost?+
PropNext charges €99 to €1,999 for an evaluation, quoted in euros, across account sizes of $10,000 - $500,000. That is a mid-range entry rather than the cheapest here: Alpha Capital Group charges $27, Topstep $49, and City Traders Imperium spans $29 to $549.
What profit split does PropNext pay on a funded account?+
A funded PropNext account pays a split of 80% to 90%, so the tier you buy sets the share you keep. The spread between the two ends is wide enough that it pays to read the split attached to the account size you are paying for rather than the headline figure.