Verdict: Who Wins?
Funding Pips
4 wins
Phoenix Trader Funding
3 wins
Best For:
Funding Pips
Funding Pips
Phoenix Trader Funding
Funding Pips
Visual Comparison
Head-to-Head Comparison
| Funding Pips | Metric | Phoenix Trader Funding |
|---|---|---|
| 2.9/10 | PFM Score | 3.3/10 ★ |
| 4.5/5 (52,198) | TrustPilot | 4.6/5 (244) ★ |
| A+ ★ | Safety Grade | B+ |
| 60-100% ★ | Profit Split | 80% (can scale higher) |
| Varies: 3-5% daily, 5-10% max | Daily Drawdown | None (Classic/Spark), 25% Dynamic (Merit) |
| Weekly (Tuesday) | Payout Frequency | Bi-weekly |
| $29 ★ | Starting Price | $39 |
| Proprietary | Technology | Proprietary |
| cTrader, Match Trader, MT5, TradeLocker | Platforms | R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger |
| No | Direct Path to Funded | Yes |
| United Arab Emirates | Country | France |
| Jan 2022 | Established | Aug 2023 |
| 20 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.
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 20 challenge options, while Phoenix Trader Funding offers 6.
Funding Pips offers 60-100% profit split, while Phoenix Trader Funding offers 80% (can scale higher). Funding Pips pays out Weekly (Tuesday), and Phoenix Trader Funding pays out Bi-weekly.
For trust and reputation, Funding Pips has a 4.5/5 TrustPilot rating with 52,198 reviews, while Phoenix Trader Funding has 4.6/5 with 244 reviews. Safety grades: Funding Pips A+, Phoenix Trader Funding B+.
This is a close matchup with Funding Pips winning 4 and Phoenix Trader Funding winning 3 of the categories we compared. The right choice depends on what matters most to you as a trader.
Pros & Cons
Funding Pips
Pros
Cons
Phoenix Trader Funding
Pros
Cons
Active Deals & Promo Codes
Funding Pips
Phoenix Trader Funding
Frequently Asked Questions
Which is better, Funding Pips or Phoenix Trader Funding?
Both firms are competitive. Funding Pips wins in 4 categories while Phoenix Trader Funding wins in 3. The best choice depends on what you prioritize: pricing, profit split, trust ratings, or payout speed.
Which is cheaper, Funding Pips or Phoenix Trader Funding?
Funding Pips has the lower starting price at $29. Funding Pips offers 20 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 52,198 reviews while Phoenix Trader Funding has 244.
Which offers a higher profit split, Funding Pips or Phoenix Trader Funding?
Funding Pips offers a higher maximum profit split. Funding Pips offers 60-100% while Phoenix Trader Funding offers 80% (can scale higher).
How fast do Funding Pips and Phoenix Trader Funding pay out?
Funding Pips has Weekly (Tuesday) payouts while Phoenix Trader Funding offers Bi-weekly payouts. Payout speed can be an important factor when choosing a prop firm.