Carrot Funding vs Funding Pips: Head-to-Head Comparison (2026)
Verdict: Who Wins?
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Visual Comparison
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Head-to-Head Comparison
| Carrot Funding | Metric | Funding Pips |
|---|---|---|
| 5.5/10 | PFM Score | 8.9/10 ★ |
| 4.6/5 (25) ★ | TrustPilot | 4.5/5 (68,420) |
| C | Safety Grade | A+ ★ |
| 47 D | Trust Score | 94.4 A+ ★ |
| 80% | Profit Split | 60-100% ★ |
| 5% of equity (2-Phase) / 4% of equity (1-Phase), recalculated at 00:00:00 UTC | Daily Drawdown | 3% (Zero/1-Step Flex/2-Step Pro), 4% (2-Step Flex), 5% (2-Step Standard) |
| On-demand | Payout Frequency | Weekly |
| $65 | Starting Price | $29 ★ |
| Proprietary | Technology | Proprietary |
| - | Platforms | cTrader, Match Trader, MT5 |
| No | Direct Path to Funded | No |
| United Arab Emirates | Country | United Arab Emirates |
| - | Established | Oct 2022 |
| 10 options | Challenge Options | 27 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | Carrot Funding | Funding Pips | Savings |
|---|---|---|---|
| $5K | $65 | $29 ★ | Save $36 |
| $10K | $119 | $55 ★ | Save $64 |
| $50K | $449 | $224 ★ | Save $225 |
| $100K | $699 | $422 ★ | Save $277 |
Carrot Funding vs Funding Pips: Detailed Analysis
Carrot Funding and Funding Pips are both Crypto firms.
Pricing
In terms of pricing, Funding Pips is more affordable with challenges starting at $29, which is $36 less than Carrot Funding's starting price of $65. Carrot Funding offers 10 challenge options, while Funding Pips offers 27.
Account Sizes
On account sizing, Carrot Funding offers account sizes from $5 to $100 across 5 funding tiers, while Funding Pips offers account sizes from $5 to $200 across 6 funding tiers. Picking the right tier matters because both the entry cost and the maximum capital you can scale to are tied to the account size you start with.
Trading Platforms
For trading platforms, Funding Pips supports cTrader, Match Trader and MT5.
Profit Split & Payouts
Carrot Funding offers 80% profit split, while Funding Pips offers 60-100%. Carrot Funding pays out On-demand, and Funding Pips pays out Weekly.
Risk & Drawdown Rules
Risk rules are a key difference for funded traders: Carrot Funding lists its daily drawdown as "5% of equity (2-Phase) / 4% of equity (1-Phase), recalculated at 00:00:00 UTC", while Funding Pips lists "3% (Zero/1-Step Flex/2-Step Pro), 4% (2-Step Flex), 5% (2-Step Standard)". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.
Payout Methods
When it comes to getting paid, Carrot Funding supports withdrawals via USDC, while Funding Pips pays out through Rise, Crypto and Wire Transfer.
Trust & Safety
For trust and reputation, Carrot Funding has a 4.6/5 TrustPilot rating with 25 reviews, while Funding Pips has 4.5/5 with 68,420 reviews. Safety grades: Carrot Funding C, Funding Pips A+.
Who Should Choose Which
Across the use cases we scored, Funding Pips is the stronger choice for budget-conscious traders, maximum profit potential, trust & reputation and fast payouts.
Overall, Funding Pips edges ahead winning 7 out of 8 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.
Pros & Cons
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Cons
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Frequently Asked Questions
Which is better, Carrot Funding or Funding Pips?
Funding Pips scores higher overall, winning 7 out of 8 comparison categories including Overall Rating, Starting Price, Profit Split. However, the best choice depends on your trading goals and priorities.
Which is cheaper, Carrot Funding or Funding Pips?
Funding Pips has the lower starting price at $29. Carrot Funding offers 10 challenge options starting from $65, while Funding Pips offers 27 options starting from $29.
Which has better reviews, Carrot Funding or Funding Pips?
Carrot Funding has a higher TrustPilot rating of 4.6/5. Carrot Funding has 25 reviews while Funding Pips has 68,420.
Which offers a higher profit split, Carrot Funding or Funding Pips?
Funding Pips offers a higher maximum profit split. Carrot Funding offers 80% while Funding Pips offers 60-100%.
How fast do Carrot Funding and Funding Pips pay out?
Carrot Funding has On-demand payouts while Funding Pips offers Weekly payouts. Payout speed can be an important factor when choosing a prop firm.
Are Carrot Funding and Funding Pips legit?
Both firms have been independently verified by PropFirmMap. Carrot Funding holds a C safety grade and a 4.6/5 TrustPilot rating. Funding Pips holds a A+ safety grade and a 4.5/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.
Which is better for beginners, Carrot Funding or Funding Pips?
Funding Pips may be more accessible for beginners due to its lower entry price. When starting out, consider challenge cost, drawdown rules, and profit split. Use the comparison table above to find which firm fits your experience level and risk tolerance.
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