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Funding Pips

2.9 A+
United Arab Emirates CFD
VS

Phoenix Trader Funding

3.3 B+
France Futures

Verdict: Who Wins?

Funding Pips 4 wins
4 3
Phoenix Trader Funding 3 wins
Overall Rating 3.3 vs 2.9
TrustPilot 4.6 vs 4.5
Starting Price $29 vs $39
Profit Split 60-100% vs 80% (can scale higher)
Safety Grade A+ vs B+
Challenge Variety 20 vs 6 options
Platform Choice 11 vs 4 platforms

Best For:

Budget-conscious traders Funding Pips
Maximum profit potential Funding Pips
Trust & reputation Phoenix Trader Funding
Fast payouts Funding Pips

Visual Comparison

Funding Pips Phoenix Trader Funding

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
Lots of payment methods & Platforms. Well made payout rules
Cons
A splippage sometimes higher than it should be
Phoenix Trader Funding
Pros
3 categories (Classic/Spark/Merit), no daily drawdown on Classic/Spark, no activation fee on Spark/Merit, 1 min trading day on Spark/Merit, Phoenix Ecosystem tools included
Cons
50% consistency rule on Classic eval, $149 activation on Classic, monthly billing

Active Deals & Promo Codes

Funding Pips
20% OFF 20% off first challenge
20% OFF 20% off all challenges
25% OFF 25% off all challenges
Phoenix Trader Funding
30% off every challenge but Merit Accounts

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.