Funded Next vs FundingPips
Funded Next: 4.6/5 | FundingPips: 4.6/5
Key Facts Compared
| Feature | Funded Next | FundingPips |
|---|---|---|
| Account Sizes | $6,000 to $300,000 | $5K, $10K, $25K, $50K, $100K, $200K |
| Profit Split | 80% to 95% (industry ceiling) | Up to 90% |
| Challenge Fee | From $32 (cheapest 2-Step in the industry) | n/a |
| Challenge Models | 1-Step Express, 2-Step Evaluation, Stellar | n/a |
| During-Challenge Split | 15% (paid during evaluation phase) | n/a |
| Time Limit | Varies by model (Express unlimited, Stellar typically 30-60 days per phase) | n/a |
| Max Daily Loss | 5% | n/a |
| Max Total Loss | 10% | n/a |
| Drawdown Type | Varies by model (Express uses trailing, Stellar uses static on certain variants) | n/a |
| Scaling Ceiling | $4,000,000 | n/a |
| Payout Frequency | Bi-weekly | n/a |
| Platforms | MT4, MT5 | MetaTrader 5, cTrader, Match-Trader |
| Instruments | Forex, Indices, Commodities, Crypto | n/a |
| Founded | 2022 | n/a |
| Headquarters | UAE | Dubai, UAE (IFZA Business Park) |
| Evaluation Paths | n/a | 1-Step Challenge, 2-Step Challenge, Instant Funding |
| Trailing Loss | n/a | EOD and LIVE options both supported |
| Reward Cycles | n/a | Weekly, bi-weekly, monthly, or on-demand |
| Total Traders | n/a | 2,000,000+ across 195 countries (FundingPips reports) |
| Total Paid Out | n/a | $200M+ (per company disclosures) |
| Trustpilot Rating | n/a | 4.5/5 from 52,513 reviews (as of April 2026) |
| US Traders | n/a | Accepted directly (no workaround) |
| Certifications | n/a | ISO 27001:2022, ISO 9001:2015, BCMS |
| Legal Entity | n/a | FundingPips Services Ltd (Cyprus, HE 450941) |
Who Should Choose Funded Next
- Split chasers who want the highest percentage in prop trading (95% tops FTMO, FunderPro, The5ers, FundingPips)
- Budget-conscious traders. $32 entry undercuts both FTMO's €155 floor and The5ers' $95 Bootcamp
- Traders who want to earn during the evaluation phase (15% split is unique in the major-firm tier)
- Experienced traders comfortable with trailing drawdown mechanics on Express accounts
- Traders who like multiple evaluation formats under one roof (1-Step, 2-Step, Stellar)
Who Should Choose FundingPips
- Traders who want to skip the evaluation entirely (Instant Funding path, unique among major firms)
- US-based traders blocked by FTMO's OANDA workaround or rejected by Funded Next
- Traders who pick firms by social proof (52,513 Trustpilot reviews as of April 2026, roughly 2x FTMO's volume)
- Payout flexibility seekers who want weekly, bi-weekly, monthly, or on-demand cycles
- Security-conscious traders who care about ISO 27001 and ISO 9001 certifications
Funded Next: Our Take
Funded Next wears the biggest split in the industry like a neon sign. 95% at the top tier. Challenges from $32. Three evaluation models (1-Step Express, 2-Step, Stellar) and the only firm that pays you 15% during the challenge itself. Scaling ceiling of $4M. MT4 and MT5. The catch is age: founded 2022, four years of track record, and trailing drawdown on some models means a profitable week can still close your account if the math sneaks up on you. For split chasers who know what they're doing, this is the right firm. For risk-averse traders who want a decade of payout history, FTMO or The5ers still wins.
FundingPips: Our Take
FundingPips reports 2M+ traders and $200M paid since 2022. The 90% split matches FunderPro, three evaluation paths including Instant Funding beat every major rival, and US traders get accepted directly. The tradeoff: four years old, MT5/cTrader/Match-Trader only, and it's still a prop firm, not a regulated broker.