NYS Markets vs Pipcy: Head-to-Head Comparison (2026)
Verdict: Who Wins?
Best For:
Visual Comparison
Head-to-Head Comparison
| NYS Markets | Metric | Pipcy |
|---|---|---|
| 6.2/10 | PFM Score | - |
| 4.5/5 (107) ★ | TrustPilot | 4.3/5 (42) |
| B+ ★ | Safety Grade | - |
| 61.6 B ★ | Trust Score | 39.6 F |
| 80% (scales up to 100%) ★ | Profit Split | Up to 95% |
| Instant: 3% daily / 5% trailing. Step 1: 3% daily / 6% max. Step 2: 5% daily / 10% max. | Daily Drawdown | None. Pipcy publishes no daily loss limit on any challenge model, and no trailing drawdown; only the overall max loss applies (12% absolute on Classic, 250 pips on Pips Mastery). |
| Weekly | Payout Frequency | Every 7 calendar days |
| $36 | Starting Price | $21 ★ |
| White-Label | Technology | White-Label |
| Trading View, Match Trader, MT5 | Platforms | MT5, Pipcy Trading Platform |
| No | Direct Path to Funded | No |
| Saint Lucia | Country | United Arab Emirates |
| Jan 2015 | Established | - |
| 6 options | Challenge Options | 24 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | NYS Markets | Pipcy | Savings |
|---|---|---|---|
| $5K | $36 | $31 ★ | Save $5 |
| $10K | $79 | $45 ★ | Save $34 |
| $50K | $299 | $195 ★ | Save $104 |
| $100K | $529 | $415 ★ | Save $114 |
NYS Markets vs Pipcy: Detailed Analysis
NYS Markets and Pipcy are both CFD firms.
Pricing
In terms of pricing, Pipcy is more affordable with challenges starting at $21, which is $15 less than NYS Markets's starting price of $36. NYS Markets offers 6 challenge options, while Pipcy offers 24.
Account Sizes
On account sizing, NYS Markets offers account sizes from $5 to $150 across 6 funding tiers, while Pipcy offers account sizes from $5 to $100 across 5 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, NYS Markets supports Trading View, Match Trader and MT5, while Pipcy runs on MT5 and Pipcy Trading Platform. If you already trade on a specific platform, this can be the deciding factor between the two.
Profit Split & Payouts
NYS Markets offers 80% (scales up to 100%) profit split, while Pipcy offers Up to 95%. NYS Markets pays out Weekly, and Pipcy pays out Every 7 calendar days.
Risk & Drawdown Rules
Risk rules are a key difference for funded traders: NYS Markets lists its daily drawdown as "Instant: 3% daily / 5% trailing. Step 1: 3% daily / 6% max. Step 2: 5% daily / 10% max.", while Pipcy lists "None. Pipcy publishes no daily loss limit on any challenge model, and no trailing drawdown; only the overall max loss applies (12% absolute on Classic, 250 pips on Pips Mastery).". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.
Trust & Safety
For trust and reputation, NYS Markets has a 4.5/5 TrustPilot rating with 107 reviews, while Pipcy has 4.3/5 with 42 reviews.
Who Should Choose Which
So who should pick which? NYS Markets is the stronger choice for maximum profit potential, trust & reputation and fast payouts, while Pipcy is the better fit for budget-conscious traders.
Overall, NYS Markets edges ahead winning 5 out of 7 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, NYS Markets or Pipcy?
NYS Markets scores higher overall, winning 5 out of 7 comparison categories including Overall Rating, TrustPilot, Profit Split. However, the best choice depends on your trading goals and priorities.
Which is cheaper, NYS Markets or Pipcy?
Pipcy has the lower starting price at $21. NYS Markets offers 6 challenge options starting from $36, while Pipcy offers 24 options starting from $21.
Which has better reviews, NYS Markets or Pipcy?
NYS Markets has a higher TrustPilot rating of 4.5/5. NYS Markets has 107 reviews while Pipcy has 42.
Which offers a higher profit split, NYS Markets or Pipcy?
NYS Markets offers a higher maximum profit split. NYS Markets offers 80% (scales up to 100%) while Pipcy offers Up to 95%.
How fast do NYS Markets and Pipcy pay out?
NYS Markets has Weekly payouts while Pipcy offers Every 7 calendar days payouts. Payout speed can be an important factor when choosing a prop firm.
Are NYS Markets and Pipcy legit?
Both firms have been independently verified by PropFirmMap. NYS Markets holds a B+ safety grade and a 4.5/5 TrustPilot rating. Pipcy holds a unrated safety grade and a 4.3/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.
Which is better for beginners, NYS Markets or Pipcy?
Pipcy 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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