FTMO vs Funding Pips

If your final shortlist is FTMO vs Funding Pips, there is no responsible one-word winner. In a normalized $100K two-step comparison, Funding Pips has a lower Phase 1 target and one fewer minimum trading day per phase. FTMO offers faster fee reimbursement after success, one more platform, and a Swing account type for traders who need greater news and weekend-holding flexibility.

The best choice depends on how you trade, where you live and which funded-stage restrictions you can follow—not which homepage displays the largest percentage.

Author: MyFxKit Content Team
Technical review: MyFxKit Technical Team
Official sources checked: September 9, 2026
Snapshot ID: MFK-CMP-FTMO-FP-2026-09-09-01

This comparison covers simulated CFD trading programs. It does not compare live brokerage accounts or investment products. Program rules, prices, platforms and country eligibility can change, so verify the exact checkout configuration before paying.

The 30-second decision

FTMO is the stronger fit when platform choice, an available Swing configuration, reimbursement with the first eligible Reward and a clearly documented long-term scaling path matter most. Its 2-Step evaluation uses 10% and 5% profit targets, a 5% Maximum Daily Loss, a 10% Maximum Loss and four minimum trading days in each phase.

Funding Pips is the stronger fit when you value a lower Phase 1 target and can accommodate more detailed Master Account conditions. Its current 2 Step Standard model uses 8% and 5% profit targets, a 5% Daily Loss Limit, a static 10% Max Loss Limit and three minimum trading days per phase. It also offers several Reward schedules, but registration-fee reimbursement occurs with the fourth Reward rather than the first.

Neither should be purchased until country eligibility is resolved. FTMO explicitly excludes Iranian nationals and residents, subject to a narrow EEA-based exception. Funding Pips states that services are unavailable to residents of jurisdictions on FATF and EU or UN sanctions lists, as well as Vietnam and the UAE. A website loading successfully does not prove that residency, KYC and payout access are accepted.

What exactly are we comparing?

This page normalizes two configurations instead of comparing brand-level marketing claims:

• FTMO Challenge: 2-Step, $100K, Standard account type

• Funding Pips: 2 Step Standard, $100K

Both are two-phase evaluations with no passing deadline, 5% daily loss and a static 10% total loss limit. That apparent similarity is useful, but it is incomplete: their daily-loss baselines, profit targets, minimum days, payout options, fee-refund timing and funded-stage permissions are different.

FTMO Swing is discussed as an alternative where relevant, but it is not silently merged into the primary FTMO Standard column. Combining Standard and Swing would make FTMO appear to have permissions that are not available on every selected account.

FTMO vs Funding Pips comparison table

FTMO fields were checked against the official 2-Step product page, Trading Objectives and company FAQs. Funding Pips fields were checked against its official 2 Step Standard guide and policy pages.

The exact checkout fee is not frozen in this table. During this snapshot, neither public official product page exposed a reproducible final price without account and checkout state. Currency, taxes, payment method, add-ons and coupon status can change the amount paid. Presenting an old affiliate price as a current official fee would be less useful than identifying it as an unresolved live field.

The underlying comparison record is available in the snapshot dataset.

Fees and value: compare more than the checkout number

Open both $100K configurations at the same time, use the same payment currency and remove promotional codes. Record the base fee, tax, add-ons, payment charge and final amount separately. A cheaper headline fee can lose its advantage when the account does not fit your strategy or when reimbursement requires several successful payout cycles.

FTMO requires a nominal 15% of combined profit targets across two fresh phases: 10% followed by 5%. Funding Pips requires 13%: 8% followed by 5%. FTMO requires at least eight trading days across the two phases, while Funding Pips requires at least six. These totals do not predict pass probability because each phase starts separately, but they show that Funding Pips has the lighter evaluation path on paper.

Fee recovery points in the opposite direction. FTMO states that the 2-Step fee may be returned through the original payment method with the first Reward withdrawal. Funding Pips states that the original registration fee for 2 Step Standard is reimbursed at the fourth Reward. That delay is part of the cost even when the initial checkout is lower.

Our practical value test therefore uses four questions:

1. What is the final same-day checkout amount?

1. How much target and minimum-day work is required?

1. When can the fee become recoverable?

1. Do the main-account rules permit the strategy used to pass?

Drawdown: matching percentages, different mechanics

Both programs advertise 5% daily and 10% maximum loss limits. Both include floating P/L when monitoring breaches, and touching a limit can be enough to close the account even if equity recovers moments later. Their static total-loss floor on a $100K account is $90,000.

The daily formulas are not identical.

For FTMO 2-Step, the official logic can be simplified as:

FTMO daily floor = balance recorded at 00:00 CE(S)T − $5,000

If the midnight balance is $102,000, the next daily floor is $97,000. Equity includes open P/L, swaps and commissions, while the amount subtracted remains 5% of initial simulated capital.

Funding Pips defines its baseline differently:

Daily baseline = higher of opening balance or opening equity

Funding Pips daily floor = daily baseline − 5% of that baseline

Its official example uses a $105,000 opening balance and $107,000 opening equity. The higher $107,000 figure becomes the baseline; 5% is $5,350, producing a daily floor of $101,650. The limit resets at 00:00 platform time, UTC+3.

This difference matters when a position carries a floating profit into reset. Test at least three states in the prop-firm drawdown calculator: no open trade, open profit and open loss. The complete drawdown guide explains balance, equity, static limits and daily resets, while the floating-loss guide separates drawdown from independent floating-loss rules.

Trading permissions: evaluation rules are not funded rules

News trading

FTMO says its selected-news restrictions apply to Standard accounts after the trader reaches an FTMO Account. The restriction does not apply during the Evaluation Process. FTMO Swing does not carry the same news restriction. Always check the current event window on the official FTMO news FAQ.

Funding Pips distinguishes holding a position through news from deliberately trading to exploit a news spike. Its evaluation guidance permits holding, but purposeful news trading is prohibited. On the Master Account, profits from trades opened, closed or held within the restricted high-impact window can be deducted. A five-hour swing exception may protect qualifying positions opened sufficiently early. The current mechanics are documented on the Funding Pips news and weekend page.

Overnight and weekend holding

FTMO permits overnight and weekend holding during evaluation for Standard and Swing configurations. On the FTMO Account, Standard is restricted while Swing permits holding through overnight and weekend periods. Confirm the account type before purchase; it is not a cosmetic label.

Funding Pips currently permits weekend holding in the evaluation phases of its four standard models. A temporary restriction applies to their Master Accounts: open trades are closed automatically at Friday market close. The system closure is not described as a hard breach, but it can still disrupt a swing strategy and create an unwanted exit.

For a broader program-level check, use the weekend-holding collection. Permission does not remove market-gap, spread or slippage risk.

Profit concentration and consistency

The FTMO Best Day rule shown for its 1-Step product should not be transferred to 2-Step without an official program-level source. We found no basis on the reviewed 2-Step objectives page for doing so.

Funding Pips applies a Profit Concentration Policy to qualifying evaluation accounts of $25K and above created from June 27, 2026. If one trade idea produces more than 60% of a phase target, the trader does not fail that evaluation. Instead, the resulting Master Account must record four profitable days before each Reward request. A profitable day requires at least 0.5% in net realized profit, and the requirement remains attached to that Master Account.

This is especially relevant to low-frequency traders who intend to pass with one or two outsized trades. Model the effect with the consistency calculator before selecting a payout cycle.

Platforms and execution evidence

FTMO officially lists MetaTrader 4, MetaTrader 5, cTrader and TradingView for its current CFD programs. Funding Pips documents MetaTrader 5, cTrader and Match-Trader in its Account Workspace.

FTMO wins on platform count, but platform count does not prove better execution. Before committing to either company, test the exact symbols and trading hours your strategy uses. Record:

• spread during your active session and rollover

• round-turn commission per lot

• order-entry, modification and close latency

• slippage in ordinary and high-volatility conditions

• symbol naming, contract size, swap and leverage

FTMO offers a 14-day Free Trial for 2-Step. Funding Pips offers an MT5 Free Trial whose Standard and Pro targets and loss rules mirror the named paid model, but the trial does not convert to a Master Account. Personal test logs are stronger evidence than an unsupported claim of “best execution.” Our evaluation framework is published in the MyFxKit methodology.

Rewards, fee reimbursement and scaling

FTMO says a Reward can be requested on day 14 or later after the first trade, with all positions and pending orders closed. The base 2-Step share is 80%, rising to 90% after eligible Scaling Plan or Premium Programme conditions. FTMO describes a one-to-two-business-day account review, followed by a typical one-to-two-business-day transfer period after invoice approval. This is a stated process, not a guarantee for every request.

The official FTMO Scaling Plan provides a 25% account-balance increase every four months, up to $2 million across FTMO Accounts. Requirements include at least four months since starting or the previous scale-up, at least 10% net simulated profit over the preceding four months, at least two processed Rewards and a positive balance at the scale-up review.

Funding Pips presents four 2 Step Standard Reward cycles: weekly at 60%, bi-weekly at 80%, on demand at 90% and monthly at 100%. The highest percentage is not automatically the highest practical value. Its Standard FAQ states that a 35% Consistency Score applies to On Demand and Monthly cycles, while Weekly and Bi-Weekly cycles are not subject to that rule.

Funding Pips also places the 2 Step Standard registration-fee refund at the fourth Reward. FTMO places possible fee reimbursement with the first Reward. Compare this timing alongside the share percentage and request conditions, not as a separate marketing benefit.

We do not label either firm “more reliable at paying.” Public terms do not provide a complete denominator covering every submitted, approved, rejected and disputed request. KYC, agreement compliance, account review and trading behavior affect individual outcomes. Use the prop-firm payout guide to audit the process rather than relying on payout screenshots.

Country access and KYC

The official FTMO eligibility page excludes persons who are nationals or residents of Iran, Syria, Myanmar and North Korea. It describes a conditional exception for nationals of Iran, Syria or Myanmar only when they can document EEA residency and verify a traditional bank account in their own name with an EEA bank.

Funding Pips states that its services are not offered to residents of jurisdictions on FATF and EU or UN sanctions lists, as well as Vietnam and the UAE. Because the public wording is list-based rather than a complete named-country table, request written confirmation covering residency, nationality, proof of address and payout method before purchasing from a restricted or uncertain jurisdiction.

Do not use a VPN, false address or another person’s documents to work around eligibility. A purchase that succeeds technically can still fail during KYC or Reward review. Readers affected by these restrictions should begin with prop firms for Iranian traders and verify every result independently.

The prop-firm regulation guide also explains why a company registration, a named licence and a simulated trading service should not be presented as equivalent to a regulated retail brokerage account.

Which firm fits which trader?

This matrix is a fit filter, not financial advice. A rule that conflicts with your core strategy should normally receive more weight than a temporary discount. The prop-firm rule-burden guide provides a structured way to assign those weights.

Red flags before buying

• The comparison uses different account sizes or payment currencies.

• FTMO Swing permissions are attributed to every FTMO account.

• Funding Pips evaluation permissions are presented as Master Account permissions.

• A 5% daily limit is quoted without its baseline, reset time and equity treatment.

• Reward percentages appear without cycles, consistency conditions and fee-refund timing.

• A discount is treated as the permanent base fee.

• Website access is treated as proof of country eligibility or successful KYC.

• Execution quality is claimed without symbol-level test evidence.

Some MyFxKit outbound links may have a commercial attribution. That attribution cannot change the comparison fields or conditional verdict. When an official value cannot be verified, it remains unknown rather than being reconstructed from affiliate pages.

Publication-day verification checklist

1. Open both $100K two-step products in the same currency.

1. Record base fee, tax, add-ons, coupon status and final checkout amount.

1. Verify targets, minimum days, daily-loss formula, maximum loss and reset timezone.

1. Separate evaluation permissions from main-account news, overnight and weekend rules.

1. Confirm platform, leverage, commission, swap and lot limits for your instruments.

1. Record Reward cycle, split, consistency condition, review process and refund timing.

1. Verify residency, nationality, KYC documents and payout route in writing.

1. Save dated captures and compare later changes with the MyFxKit changelog.

Final verdict

Funding Pips 2 Step Standard has the lighter evaluation path on paper. Its Phase 1 target is 8% rather than 10%, and it requires three minimum trading days per phase rather than four. That advantage must be balanced against its opening-equity daily-loss calculation, Profit Concentration Policy, current Master weekend restriction and fourth-Reward fee reimbursement.

FTMO 2-Step is the more natural fit for traders prioritizing platform breadth, a Swing alternative, earlier potential fee reimbursement and a documented scaling route. Its Phase 1 target is higher, and Standard accounts face funded-stage news and holding restrictions that must not be ignored.

For Iranian residents and any restricted jurisdiction, the comparison stops at eligibility. Confirm access and KYC first; only then compare price and rules. Review the current FTMO profile and Funding Pips profile on purchase day alongside the official sources.

Update history

This page is reviewed monthly and whenever either firm changes a fee, program, rule, Reward, platform or access policy. Submit documented corrections through the corrections policy.