Funding Pips vs Phoenix Trader Funding: Head-to-Head Comparison (2026)
Funding Pips
8.9 A+
CFD
Phoenix Trader Funding
6.8 A
Futures
Verdict: Who Wins?
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Visual Comparison
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Head-to-Head Comparison
| Funding Pips | Metric | Phoenix Trader Funding |
|---|---|---|
| 8.9/10 ★ | PFM Score | 6.8/10 |
| 4.5/5 (62,062) | TrustPilot | 4.6/5 (832) ★ |
| A+ ★ | Safety Grade | A |
| 84.1 A ★ | Trust Score | 78.7 B+ |
| 80-100% ★ | Profit Split | 90% |
| 3% (Zero/2-Step Pro), 4% (1-Step), 5% (2-Step Standard) | Daily Drawdown | No standard daily loss limit. Classic and Spark use trailing EOD drawdown from highest balance. Merit accounts apply a 25% dynamic daily drawdown of starting balance. |
| Weekly | Payout Frequency | Bi-Weekly |
| $29 ★ | Starting Price | $39 |
| Proprietary | Technology | White-Label |
| cTrader, Match Trader, MT5 | Platforms | Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts |
| No | Direct Path to Funded | Yes |
| United Arab Emirates | Country | France |
| Oct 2022 | Established | Aug 2023 |
| 21 options | Challenge Options | 6 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | Funding Pips | Phoenix Trader Funding | Savings |
|---|---|---|---|
| $25K | $109 | $39 ★ | Save $70 |
| $50K | $219 | $69 ★ | Save $150 |
| $100K | $399 | $269 ★ | Save $130 |
Funding Pips vs Phoenix Trader Funding: Detailed Analysis
Funding Pips and Phoenix Trader Funding are both CFD firms. Funding Pips has been in business longer, established in 2022, while Phoenix Trader Funding was founded in 2023.
Pricing
In terms of pricing, Funding Pips is more affordable with challenges starting at $29, which is $10 less than Phoenix Trader Funding's starting price of $39. Funding Pips offers 21 challenge options, while Phoenix Trader Funding offers 6.
Account Sizes
On account sizing, Funding Pips offers account sizes from $5 to $200 across 6 funding tiers, while Phoenix Trader Funding offers account sizes from $2 to $100 across 4 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, while Phoenix Trader Funding runs on Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic and DeepCharts. If you already trade on a specific platform, this can be the deciding factor between the two.
Profit Split & Payouts
Funding Pips offers 80-100% profit split, while Phoenix Trader Funding offers 90%. Funding Pips pays out Weekly, and Phoenix Trader Funding pays out Bi-Weekly.
Risk & Drawdown Rules
Risk rules are a key difference for funded traders: Funding Pips lists its daily drawdown as "3% (Zero/2-Step Pro), 4% (1-Step), 5% (2-Step Standard)", while Phoenix Trader Funding lists "No standard daily loss limit. Classic and Spark use trailing EOD drawdown from highest balance. Merit accounts apply a 25% dynamic daily drawdown of starting balance.". 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, Funding Pips supports withdrawals via Rise, Crypto and Wire Transfer, while Phoenix Trader Funding pays out through Payoneer and PayPal.
Trust & Safety
For trust and reputation, Funding Pips has a 4.5/5 TrustPilot rating with 62,062 reviews, while Phoenix Trader Funding has 4.6/5 with 832 reviews. Safety grades: Funding Pips A+, Phoenix Trader Funding 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 6 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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Frequently Asked Questions
Which is better, Funding Pips or Phoenix Trader Funding?
Funding Pips scores higher overall, winning 6 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, Funding Pips or Phoenix Trader Funding?
Funding Pips has the lower starting price at $29. Funding Pips offers 21 challenge options starting from $29, while Phoenix Trader Funding offers 6 options starting from $39.
Which has better reviews, Funding Pips or Phoenix Trader Funding?
Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. Funding Pips has 62,062 reviews while Phoenix Trader Funding has 832.
Which offers a higher profit split, Funding Pips or Phoenix Trader Funding?
Funding Pips offers a higher maximum profit split. Funding Pips offers 80-100% while Phoenix Trader Funding offers 90%.
How fast do Funding Pips and Phoenix Trader Funding pay out?
Funding Pips has Weekly payouts while Phoenix Trader Funding offers Bi-Weekly payouts. Payout speed can be an important factor when choosing a prop firm.
Are Funding Pips and Phoenix Trader Funding legit?
Both firms have been independently verified by PropFirmMap. Funding Pips holds a A+ safety grade and a 4.5/5 TrustPilot rating. Phoenix Trader Funding holds a A safety grade and a 4.6/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.
Which is better for beginners, Funding Pips or Phoenix Trader Funding?
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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