FTMO is best for forex traders in europe, asia, australia, or latam with at least 6 months of strategy experience who want the strongest payout record in the industry.
Funding Pips is best for forex traders who want a challenger firm with competitive pricing and a static drawdown model, and who do not need a 10-year track record.
Computed live from the per-variable evidence behind each firm's TVSM-PF score — FTMO takes 3 of 6 dimensions at current scores. Every variable links to a primary source on the firm pages.
Payout ReliabilityFTMO 25.3 · Funding 26.3 / 32
Funding Pips wins. FTMO pays 80% standard (90% after scaling plan); Funding Pips pays 80% standard (90% after scaling). Per-payout caps — FTMO: None; Funding Pips: None — decide who keeps more in a big month.
Rule FairnessFTMO 16.6 · Funding 18.8 / 24
Funding Pips wins. Drawdown models differ: FTMO runs Static (max 10% from initial balance); Funding Pips runs Static max loss 8% from initial balance. The model decides how much intraday heat you can take before breaching.
Rules StabilityFTMO 7.8 · Funding 8.2 / 10
Effectively even. Mid-stream rule changes are penalized here, and every change is tracked in our append-only changelog — so a recent payout or drawdown change shows up in this dimension rather than being quietly absorbed.
Business ViabilityFTMO 14.4 · Funding 10.6 / 16
FTMO wins. Operating history and scale matter most when a payout goes sideways — the longer-running, better-capitalised firm carries less counterparty risk, and this dimension reflects each firm's track record to date.
Platform & ExecutionFTMO 6.8 · Funding 5.6 / 8
FTMO wins. Platforms: FTMO — MT4, MT5, cTrader, DXtrade; Funding Pips — MT5, cTrader, TradeLocker, DXtrade, MatchTrader. If your edge depends on a specific platform, this is the deciding line.
Cost & ValueFTMO 9.0 · Funding 8.0 / 10
FTMO wins. Evaluation cost: FTMO — EUR 155–1,080; Funding Pips — ~$450–$550 for $100K. Fee refundable — FTMO: Yes — refunded with first payout; Funding Pips: Yes — refunded with first payout.
Rule by rule, in each firm's own terms
Verbatim from our verified spec database — the conditions are the product, so nothing here is flattened to a yes/no. Where a rule has tiers or conditions, you are reading them.
Rule
FTMO
Funding Pips
Drawdown model
Static (max 10% from initial balance)
Static max loss 8% from initial balance
Max drawdown
10% static from initial balance
8% static from initial balance
Daily loss limit
5% (equity-based, open P&L counts)
4% balance-based
Payout split
80% standard (90% after scaling plan)
80% standard (90% after scaling)
Payout cap
None
None
Payout schedule
On demand (min 14 days after first trade)
On demand; processed within 24–48 hours
Min trading days
4
3
Consistency rule
No formal consistency rule on standard accounts
No formal consistency rule documented
News trading
Restricted — 2-minute window before/after named events on funded account (evaluation: unrestricted)
Restricted — window around major events on funded account (evaluation: unrestricted)
Weekend holds
Standard account: must close before weekend. Swing Account: exempt.
Restricted on standard accounts
Evaluation cost
EUR 155–1,080
~$450–$550 for $100K
Fee refundable
Yes — refunded with first payout
Yes — refunded with first payout
Platforms
MT4, MT5, cTrader, DXtrade
MT5, cTrader, TradeLocker, DXtrade, MatchTrader
Max funded
$200,000
$400,000 (via scaling)
Scaling
+25% balance every 4 months. Requires 10% net profit over 4 months + 2 payouts. Max $2,000,000. Split upgrades to 90% on qualification.
Scale to $400K via Funding Pips Pro after meeting profit milestones
Verified June 2026 (FTMO) · June 2026 (Funding Pips). Source extracts for every scored variable are on the firm pages.
The verdict, by trader type
A comparison that ends in “it depends” is not a verdict. Picks below are per trading style — find yours.
Most traders
FTMO
FTMO takes 3 of the 6 scored dimensions at current scores, which makes it the safer default for a trader without a strong style preference. Read the per-dimension breakdown above first — a single dimension you care about can flip the decision.
Cost-conscious
FTMO
Entry cost: FTMO — EUR 155–1,080; Funding Pips — ~$450–$550 for $100K. FTMO wins on cost-value once refunds and discounts are weighed.
Rules-sensitive trader
Funding Pips
If clean, predictable rules matter most, read the drawdown model first: FTMO runs Static (max 10% from initial balance); Funding Pips runs Static max loss 8% from initial balance. Funding Pips scores better on rule fairness and clarity.
High earner
Funding Pips
Profit splits: FTMO — 80% standard (90% after scaling plan); Funding Pips — 80% standard (90% after scaling). Funding Pips has the stronger payout profile once caps are factored in. Always read the per-payout cap in full before a large withdrawal.
FTMO vs Funding Pips — the questions traders actually search
Is FTMO or Funding Pips better in 2026?
Under TraderVerdict's independent TVSM methodology, FTMO scores in the Strong band and Funding Pips in the Strong band. FTMO wins 3 of the 6 scored dimensions at current scores. The right pick depends on which firm's payout, drawdown, and cost terms fit how you trade.
What is the main difference between FTMO and Funding Pips?
FTMO and Funding Pips differ across the TVSM-scored variables that decide whether a funded trader actually gets paid — profit split, drawdown model, payout caps, pricing, and operating stability. The rule-by-rule table on this page shows each one verbatim from our verified specs.
Which is cheaper — FTMO or Funding Pips?
FTMO: EUR 155–1,080. Funding Pips: ~$450–$550 for $100K. Weigh the fee against how long the evaluation takes you — a one-time fee beats a subscription on a slow pass, and the reverse on a fast one.
Which pays out more — FTMO or Funding Pips?
Profit split: FTMO — 80% standard (90% after scaling plan). Funding Pips — 80% standard (90% after scaling). Per-payout caps: FTMO — None; Funding Pips — None. Read both cap rules in full before buying — they bind hardest in your best months.
What is the difference between FTMO and Funding Pips drawdown rules?
FTMO: Static (max 10% from initial balance). Funding Pips: Static max loss 8% from initial balance. The drawdown model is the single most common reason funded accounts fail, so match it to whether you hold through intraday heat.
Do FTMO and Funding Pips allow news trading?
FTMO: Restricted — 2-minute window before/after named events on funded account (evaluation: unrestricted). Funding Pips: Restricted — window around major events on funded account (evaluation: unrestricted).
What account sizes do FTMO and Funding Pips offer?
FTMO: $200,000. Funding Pips: $400,000 (via scaling). Scaling: FTMO — +25% balance every 4 months. Requires 10% net profit over 4 months + 2 payouts. Max $2,000,000. Split upgrades to 90% on qualification.; Funding Pips — Scale to $400K via Funding Pips Pro after meeting profit milestones.
Are TraderVerdict's prop-firm comparisons independent?
Yes. Every firm is scored against a public, versioned methodology before any commercial relationship, and affiliate links are only added to firms that clear our editorial bar. A firm cannot pay for a higher score or to remove a critical finding.