Phoenix Trader Funding
3.3 B+
Futures
Funding Pips
2.9 A+
CFD
Verdict: Who Wins?
Phoenix Trader Funding
2 wins
Funding Pips
4 wins
Our Pick
Best For:
Funding Pips
Funding Pips
Phoenix Trader Funding
Funding Pips
Visual Comparison
Head-to-Head Comparison
| Phoenix Trader Funding | Metric | Funding Pips |
|---|---|---|
| 3.3/10 ★ | PFM Score | 2.9/10 |
| 4.6/5 (243) ★ | TrustPilot | 4.5/5 (52,621) |
| B+ | Safety Grade | A+ ★ |
| 80% (can scale higher) | Profit Split | 60-100% ★ |
| None (Classic/Spark), 25% Dynamic (Merit) | Daily Drawdown | Varies: 3-5% daily, 5-10% max |
| Bi-weekly | Payout Frequency | Weekly (Tuesday) |
| $39 | Starting Price | $29 ★ |
| Proprietary | Technology | Proprietary |
| NinjaTrader, Tradovate, Quantower, Rithmic | Platforms | cTrader, Match Trader, MT5, TradeLocker |
| Yes | Direct Path to Funded | No |
| United States | Country | United Arab Emirates |
| Aug 2023 | Established | Jan 2022 |
| 6 options | Challenge Options | 20 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | Phoenix Trader Funding | Funding Pips | Savings |
|---|---|---|---|
| $25K | $39 ★ | $109 | Save $70 |
| $50K | $69 ★ | $219 | Save $150 |
| $100K | $269 ★ | $399 | Save $130 |
Phoenix Trader Funding vs Funding Pips: Detailed Analysis
Phoenix Trader Funding and Funding Pips are both Futures 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. Phoenix Trader Funding offers 6 challenge options, while Funding Pips offers 20.
Phoenix Trader Funding offers 80% (can scale higher) profit split, while Funding Pips offers 60-100%. Phoenix Trader Funding pays out Bi-weekly, and Funding Pips pays out Weekly (Tuesday).
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 243 reviews, while Funding Pips has 4.5/5 with 52,621 reviews. Safety grades: Phoenix Trader Funding B+, Funding Pips A+.
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
Phoenix Trader Funding
Pros
Cons
Funding Pips
Pros
Cons
Active Deals & Promo Codes
Phoenix Trader Funding
Funding Pips
Frequently Asked Questions
Which is better, Phoenix Trader Funding or Funding Pips?
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, Phoenix Trader Funding or Funding Pips?
Funding Pips has the lower starting price at $29. Phoenix Trader Funding offers 6 challenge options starting from $39, while Funding Pips offers 20 options starting from $29.
Which has better reviews, Phoenix Trader Funding or Funding Pips?
Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. Phoenix Trader Funding has 243 reviews while Funding Pips has 52,621.
Which offers a higher profit split, Phoenix Trader Funding or Funding Pips?
Funding Pips offers a higher maximum profit split. Phoenix Trader Funding offers 80% (can scale higher) while Funding Pips offers 60-100%.
How fast do Phoenix Trader Funding and Funding Pips pay out?
Phoenix Trader Funding has Bi-weekly payouts while Funding Pips offers Weekly (Tuesday) payouts. Payout speed can be an important factor when choosing a prop firm.