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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

FundedNext FundedNext
Pipstone Capital Pipstone Capital
Overview
Asset Type CFD CFD
Country United Arab Emirates United Arab Emirates
Established Jan 2022 Jan 2025
Technology Proprietary White-Label
Platforms Trading View, NinjaTrader, Tradovate, Match Trader cTrader, MT5
Trading Rules
Profit Split Up to 95% Up to 100% Best
Daily Drawdown Stellar 2-Step: 5% daily / 10% total. Stellar 1-Step: 3% daily / 6% total. Stellar Lite: 4% daily / 8% total. Futures: varies by plan. 3% (Instant), 4% (1-Step), 5% (2-Step)
Payout Frequency 24 hours guaranteed (or $1,000 extra). First withdrawal after 21 days.
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Varies by model (Bi-weekly 1-Step, Weekly 2-Step, On Demand Instant)
1-Step funded: Bi-weekly; 2-Step funded: Weekly; Instant Funding: On Demand
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Up to 95% profit split, Match-Trader + Tradovate/NinjaTrader platforms, CFDs + Futures, 15% profit sharing from day 1, scaling up to $4M
  • No consistency rules, refund of evaluation fee on first payout, up to 100% profit split, unlimited trading days, zero activation fee, MT5 and cTrader platforms, news trading allowed
Main Drawbacks
  • Payouts sometimes a bit slow
  • 60-second minimum trade duration rule (payout deductions if breached), TrustScore 2.1 with frequent payout-delay and BOGO-second-account complaints, trailing drawdown on Instant $25K+ accounts
Offers & Promo Codes
Active Offers
30% off first challenge FNF30
30% off challenge VIBES
25% off all Stellar plans ($2K-$50K), new users only. Code NEW25. Verified live on fundednext.com 2026-06-11. NEW25
No offers

Challenge Details

FundedNext Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$49.99
Stellar 2-Step
$6K 2 Steps P1: 8%
P2: 5%
P1: 5% ($300)
P2: 5% ($300)
P1: 10% ($600)
P2: 10% ($600)
Up to 95% None
$109.99
Stellar 2-Step
$15K 2 Steps P1: 8%
P2: 5%
P1: 5% ($750)
P2: 5% ($750)
P1: 10% ($1,500)
P2: 10% ($1,500)
Up to 95% None
$189.99
Stellar 2-Step
$25K 2 Steps P1: 8%
P2: 5%
P1: 5% ($1,250)
P2: 5% ($1,250)
P1: 10% ($2,500)
P2: 10% ($2,500)
Up to 95% None
$269.99
Stellar 2-Step
$50K 2 Steps P1: 8%
P2: 5%
P1: 5% ($2,500)
P2: 5% ($2,500)
P1: 10% ($5,000)
P2: 10% ($5,000)
Up to 95% None
$529.99
Stellar 2-Step
$100K 2 Steps P1: 8%
P2: 5%
P1: 5% ($5,000)
P2: 5% ($5,000)
P1: 10% ($10,000)
P2: 10% ($10,000)
Up to 95% None
$1049.99
Stellar 2-Step
$200K 2 Steps P1: 8%
P2: 5%
P1: 5% ($10,000)
P2: 5% ($10,000)
P1: 10% ($20,000)
P2: 10% ($20,000)
Up to 95% None

Pipstone Capital Challenges

14 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$49 $5K Instant P1: No limit
P1: 5% | $250
P1: 10% | $500 (Static)
80% None
$121 $10K 2 Steps P1: 8% | $800
P2: 5%
P1: 5% | $500
P2: 5% | $500
P1: 10% | $1,000 (Static)
P2: 10% | $1,000 (Static)
80% None
$130 $10K 1 Step P1: 10% | $1,000
P1: 4% | $400
P1: 8% | $800 (Static)
80% None
$142 $25K Instant P1: No limit
P1: 3% | $300
P1: 5% | $500 (Trailing)
80% None
$180 $5K 1 Step P1: 10% | $500
P1: 4% | $200
P1: 8% | $400 (Static)
80% None
$192 $5K 2 Steps P1: 8% | $400
P2: 5%
P1: 5% | $250
P2: 5% | $250
P1: 10% | $500 (Static)
P2: 10% | $500 (Static)
80% None
$217 $25K 2 Steps P1: 8% | $2,000
P2: 5%
P1: 5% | $1,250
P2: 5% | $1,250
P1: 10% | $2,500 (Static)
P2: 10% | $2,500 (Static)
80% None
$253 $25K 1 Step P1: 10% | $2,500
P1: 4% | $1,000
P1: 8% | $2,000 (Static)
80% None
$314 $50K 2 Steps P1: 8% | $4,000
P2: 5%
P1: 5% | $2,500
P2: 5% | $2,500
P1: 10% | $5,000 (Static)
P2: 10% | $5,000 (Static)
80% None
$319 $50K Instant P1: No limit
P1: 3% | $750
P1: 5% | $1,250 (Trailing)
80% None
$375 $100K 2 Steps P1: 8% | $8,000
P2: 5%
P1: 5% | $5,000
P2: 5% | $5,000
P1: 10% | $10,000 (Static)
P2: 10% | $10,000 (Static)
80% None
$386 $50K 1 Step P1: 10% | $5,000
P1: 4% | $2,000
P1: 8% | $4,000 (Static)
80% None
$541 $100K Instant P1: No limit
P1: 3% | $1,500
P1: 5% | $2,500 (Trailing)
80% None
$621 $100K 1 Step P1: 10% | $10,000
P1: 4% | $4,000
P1: 8% | $8,000 (Static)
80% None