Funding Pips
2.9 A+
CFD
Phoenix Trader Funding
3.3 B+
Futures
Verdict: Who Wins?
Funding Pips
4 wins
Our Pick
Phoenix Trader Funding
2 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 (52,621) | TrustPilot | 4.6/5 (243) ★ |
| 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 | NinjaTrader, Tradovate, Quantower, Rithmic |
| No | Direct Path to Funded | Yes |
| United Arab Emirates | Country | United States |
| 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 52,621 reviews, while Phoenix Trader Funding has 4.6/5 with 243 reviews. Safety grades: Funding Pips A+, Phoenix Trader Funding B+.
Overall, Funding Pips edges ahead winning 4 out of 6 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.
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?
Funding Pips scores higher overall, winning 4 out of 6 comparison categories including Starting Price, Profit Split, Safety Grade. 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 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 52,621 reviews while Phoenix Trader Funding has 243.
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.