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NYS Markets vs XPIPS: Head-to-Head Comparison (2026)

NYS Markets

6.2 B+
Saint Lucia CFD
VS

XPIPS

United Arab Emirates CFD
Key Differences
Price $36 vs $49

Verdict: Who Wins?

NYS Markets 6 wins Decisive Win
6 - 1
XPIPS 1 wins
Overall Rating 6.2 vs 0.0 Decisive
TrustPilot 4.5 vs 3 Decisive
Starting Price $36 vs $49 Decisive
Profit Split Both 80% (scales up to 100%) Tie
Safety Grade B+ vs Decisive
Trust Score 61.6/100 vs 37.3/100 Decisive
Challenge Variety 11 vs 6 options Clear
Platform Choice 3 vs 1 platforms Narrow

Best For:

Budget-conscious traders NYS Markets
Trust & reputation NYS Markets
Fast payouts NYS Markets

Visual Comparison

NYS Markets XPIPS

Head-to-Head Comparison

NYS Markets Metric XPIPS
6.2/10 PFM Score -
4.5/5 (107) TrustPilot 3/5 (286)
B+ Safety Grade -
61.6 B Trust Score 37.3 F
80% (scales up to 100%) Profit Split 85% (1-Step), 80% (2-Step), 65% (Instant Funding, upgradable to 80% via paid add-on); 100% from the 3rd scale-up
Instant: 3% daily / 5% trailing. Step 1: 3% daily / 6% max. Step 2: 5% daily / 10% max. Daily Drawdown -
Weekly Payout Frequency 30 calendar days after your first trade
$36 Starting Price $49
White-Label Technology White-Label
Trading View, Match Trader, MT5 Platforms MT5
No Direct Path to Funded No
Saint Lucia Country United Arab Emirates
Jan 2015 Established -
6 options Challenge Options 11 options

Price Comparison by Account Size

Cheapest challenge price at each account size (where both firms offer the same size)

Account Size NYS Markets XPIPS Savings
$5K $36 $49 Save $13
$10K $79 $99 Save $20
$50K $299 $349 Save $50
$100K $529 $550 Save $21

NYS Markets vs XPIPS: Detailed Analysis

NYS Markets and XPIPS are both CFD firms.

Pricing

In terms of pricing, NYS Markets is more affordable with challenges starting at $36, which is $13 less than XPIPS's starting price of $49. NYS Markets offers 6 challenge options, while XPIPS offers 11.

Account Sizes

On account sizing, NYS Markets offers account sizes from $5 to $150 across 6 funding tiers, while XPIPS offers account sizes from $5 to $200 across 6 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 XPIPS runs on MT5. 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 XPIPS offers 85% (1-Step), 80% (2-Step), 65% (Instant Funding, upgradable to 80% via paid add-on); 100% from the 3rd scale-up. NYS Markets pays out Weekly, and XPIPS pays out 30 calendar days after your first trade.

Risk & Drawdown Rules

NYS Markets lists its daily drawdown rule as "Instant: 3% daily / 5% trailing. Step 1: 3% daily / 6% max. Step 2: 5% daily / 10% max.".

Payout Methods

XPIPS supports withdrawals via Crypto.

Trust & Safety

For trust and reputation, NYS Markets has a 4.5/5 TrustPilot rating with 107 reviews, while XPIPS has 3/5 with 286 reviews.

Who Should Choose Which

Across the use cases we scored, NYS Markets is the stronger choice for budget-conscious traders, trust & reputation and fast payouts.

Overall, NYS Markets edges ahead winning 6 out of 7 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.

Pros & Cons

NYS Markets
Pros
Three programs (Instant, 1-Step, 2-Step). Up to $150,000 simulated capital. 80% profit split scaling to 100%. Weekly payouts within 24h. Available in 190+ countries. MT5, Match Trader and TradingView. NYS Academy education + Smart Journal + NYS GPT. Premium Programme scaling to $2M. Spin & Trade reward feature.
Cons
Instant program enforces 15% consistency rule and 1% max open risk. 2-Step required reaching 8% then 5% with tight risk caps. Founders/UBO not publicly listed. Saint Lucia tech entity (NYS Markets Ltd) + Hong Kong operator (NYS Corp Limited) — offshore structure, unregulated.
XPIPS
Pros
Three evaluation routes (1-Step, 2-Step and Instant Funding) across six account sizes from $5,000 to $200,000, with no maximum trading-day limit on any program. Reward split starts at 85% on the 1-Step route and reaches 100% from the third scale-up; the scaling plan raises the account 30% every three months with no stated upper balance limit. Minimum trading days are 3 on the evaluation routes. The program fee is stated as 100% refundable, returned with the first payout, and the minimum withdrawal is $100 with payouts processed in 1-2 business days. Expert Advisors, scalping, hedging within a single account, weekend holding and overnight holding are all permitted per the public rules page, and news trading is unrestricted during evaluation.
Cons
XPIPS publishes THREE mutually inconsistent versions of its own risk rules: the catalog API's display strings say a flat 3% daily / 6% maximum loss on every program, the same API's numeric risk configuration says 1-Step 7% overall with a 4% trailing component, 2-Step 4% daily / 10% overall and Instant 6% overall with a 3% trailing component, while the public /trading-rules page states 1-Step 4% daily / 6% max / 10% target / 5 minimum days / 80% split against the catalog's 9% target, 3 minimum days and 85% split. Because the three disagree, the per-plan daily-loss limits are left blank on this page rather than guessed. TrustPilot stands at 3.0 from 286 reviews with recent reviews dominated by rejected payouts citing the 30% consistency rule and lot-size consistency, and by repeated broker/server migrations that traders say breached their accounts; the firm replied to only 4% of negative reviews. Hedging is a direct contradiction in itself - the public rules page calls hedging within the same account allowed while the help centre lists it under prohibited practices punishable by immediate disqualification. The named leadership team on /about-us carries no independent corroboration and one card is captioned 'BJames Carter', and the contact page has previously carried a placeholder phone number. Payouts are crypto-only per the help centre, and the maximum simulated capital is stated as $400,000 on the homepage but $300,000 at checkout. Because of that contradiction the six 1-Step plans ($5,000 to $200,000, $59 to $1,019) are deliberately NOT listed on this page: their maximum drawdown is 6% on the public rules page and 7% in the firm's own catalog configuration, and we do not publish a figure we cannot pin to a single source.

Frequently Asked Questions

Which is better, NYS Markets or XPIPS?

NYS Markets scores higher overall, winning 6 out of 7 comparison categories including Overall Rating, TrustPilot, Starting Price. However, the best choice depends on your trading goals and priorities.

Which is cheaper, NYS Markets or XPIPS?

NYS Markets has the lower starting price at $36. NYS Markets offers 6 challenge options starting from $36, while XPIPS offers 11 options starting from $49.

Which has better reviews, NYS Markets or XPIPS?

NYS Markets has a higher TrustPilot rating of 4.5/5. NYS Markets has 107 reviews while XPIPS has 286.

Which offers a higher profit split, NYS Markets or XPIPS?

NYS Markets offers a higher maximum profit split. NYS Markets offers 80% (scales up to 100%) while XPIPS offers 85% (1-Step), 80% (2-Step), 65% (Instant Funding, upgradable to 80% via paid add-on); 100% from the 3rd scale-up.

How fast do NYS Markets and XPIPS pay out?

NYS Markets has Weekly payouts while XPIPS offers 30 calendar days after your first trade payouts. Payout speed can be an important factor when choosing a prop firm.

Are NYS Markets and XPIPS legit?

Both firms have been independently verified by PropFirmMap. NYS Markets holds a B+ safety grade and a 4.5/5 TrustPilot rating. XPIPS holds a unrated safety grade and a 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 XPIPS?

NYS Markets 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.

Not sold on either? Explore alternatives

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