FundingPips vs FTMO — Which Should You Pick in 2026?
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The two biggest names in prop trading. FTMO is the established giant; FundingPips is the rising challenger with a choice of payout cycles and, with our code, a cheaper challenge. This page breaks down the actual differences that matter for your trading style.
Quick verdict
Pick FTMO if: You want maximum brand reliability, you trade swing/positional, you prefer consistent bi-weekly payouts, and paying €345 in euros for the $50K 2-Step, with no discount code, doesn't matter.
Pick FundingPips if: You want a cheaper entry with our code ($279.20 for a new customer on the $50K 2-Step Standard, $349 list), no consistency rule on the weekly 60% and bi-weekly 80% cycles, a choice of reward cycle (weekly, bi-weekly or on demand), and you self-developed your strategy or EA.
Side-by-side rule comparison
| Rule | FundingPips (2-Step Standard) | FTMO Challenge ($50K) |
|---|---|---|
| Price ($50K) | $349 (USD) | €345 (EUR) |
| Profit target Phase 1 | 8% | 10% |
| Profit target Phase 2 | 5% | 5% |
| Max drawdown | 10% static | 10% static |
| Daily drawdown | 5% | 5% |
| Min trading days | 3 per phase | 4 per phase (2-Step); 1-Step has none |
| Consistency rule | None on the weekly 60% and bi-weekly 80% cycles. The On Demand 100% cycle needs a 35% consistency score plus 7 profitable days of >=0.5%; both reset after each reward. | None on the 2-Step |
| Profit split | Weekly 60%, Bi-Weekly 80% or On Demand 100% | 80% (scaling to 90% via Scaling Plan) |
| Payout frequency | Weekly, Bi-Weekly or On Demand, chosen once when the account reaches Master | Bi-weekly (on-demand after 14 days from first trade) |
| EA policy | Self-developed: full automation with proof of ownership. Third-party: trade/risk manager only | Allowed, incl. third-party (max 2,000 server requests/day) |
| News rule | Holding through news is allowed in evaluation, but deliberately trading news is prohibited in evaluation and on the Master Account (account closure). Master: profits from trades opened or closed from 5 minutes before to 5 minutes after Restricted high-impact news on the affected currency are deducted (a soft breach); trades opened 5 hours or more before the event are exempt | Standard/Normal: 2-min restriction before/after selected news releases on the funded FTMO Account and the Instant Account (not during the Challenge or Verification); Swing accounts: no restrictions. FTMO Futures: news trading allowed |
| Trustpilot | 4.4 / 5 | 4.8 / 5 |
Where FundingPips wins
Price
FundingPips' $50K 2-Step Standard lists at $349 in US dollars. FTMO prices in euros: the equivalent 2-Step is €345. Before any code the two list prices are close, and which is cheaper depends on the euro rate on the day you pay. With our code FHFUNDED (20% off), the FundingPips price drops to $279.20. FTMO has no discount code, so with the code FundingPips is the cheaper of the two at any rate above $0.81 per euro.
A choice of reward cycle
FTMO's 2-Step pays on one schedule: bi-weekly (on-demand after 14 days from first trade). FundingPips' 2-Step Standard lets you pick the reward cycle once, when the account reaches Master: Weekly 60%, Bi-Weekly 80% or On Demand 100%. Consistency depends on the cycle you pick: none on the weekly 60% and bi-weekly 80% cycles. The On Demand 100% cycle needs a 35% consistency score plus 7 profitable days of >=0.5%; both reset after each reward. Once you request a reward, FundingPips says it sends it within 1-3 working days, then 1-2 more to reach your wallet or bank.
Lower phase 1 target
FundingPips' 8% Phase 1 vs. FTMO's 10% is a meaningful difference. On a $50K account, that's $4,000 vs $5,000 — about 20% less risk required to pass.
Where FTMO wins
Brand & longevity
FTMO has the longer payout track record of the two. If reliability and "won't disappear next year" matters most to you, FTMO is the safer institutional bet.
No news restrictions on the Challenge
FTMO: Standard/Normal: 2-min restriction before/after selected news releases on the funded FTMO Account and the Instant Account (not during the Challenge or Verification); Swing accounts: no restrictions. FTMO Futures: news trading allowed. FundingPips: Holding through news is allowed in evaluation, but deliberately trading news is prohibited in evaluation and on the Master Account (account closure). Master: profits from trades opened or closed from 5 minutes before to 5 minutes after Restricted high-impact news on the affected currency are deducted (a soft breach); trades opened 5 hours or more before the event are exempt. If you trade news events specifically, this matters.
A one-day pass is possible — but only on the 1-Step
FTMO's 1-Step Normal carries no minimum trading days, so you can clear it in a single session if you hit the target. The 2-Step is the opposite: it requires a minimum of 4 trading days per phase, which is one more than FundingPips' 3. Check which product you are buying before you plan around this.
Verification → Funded refund
FTMO refunds the 2-Step Challenge fee with your first profit split (its 1-Step fee is non-refundable). FundingPips offers a similar refund after the 4th payout, so FTMO's comes sooner (1st payout vs 4th).
Which is better for specific trading styles?
Scalpers (sub-1-minute holds)
FundingPips is friendlier — no min hold time on most products. FTMO has no explicit minimum either, but their internal review system flags suspicious tick-scalping more aggressively. Edge: FundingPips
News traders
FTMO has no news restrictions on the Challenge. FundingPips prohibits deliberately trading the news in the evaluation and on the Master account, and deducts news profits on Master. Edge: FTMO
Swing / positional traders
Both work well. FTMO's brand stability favors longer-term commitment. Edge: FTMO (slight)
EA users
Both allow self-developed EAs, and FundingPips will let one run fully automated — but only if you can prove you wrote it (source code, version history, or walking them through the logic on a call; a compiled binary is not proof). Third-party EAs are where they split: FundingPips permits them only as a trade or risk manager, while FTMO allows bought EAs outright, capped at 2,000 server requests a day. Both ban HFT. Edge: FTMO if your EA is bought, Tie if you coded it yourself.
High-frequency / day traders
FundingPips' weekly cycle pays more often than FTMO's bi-weekly schedule, at a lower split (Weekly 60%, Bi-Weekly 80% or On Demand 100%, chosen once at Master). Edge: FundingPips if you want weekly cash and accept the lower split
Multi-account traders (running several challenges)
The list prices are close but in different currencies ($349 against €345). With FHFUNDED a new customer pays $279.20 per FundingPips account, and FTMO has no code, so each extra account costs less at FundingPips at any rate above $0.81 per euro. Edge: FundingPips
Discount codes
To save additional money on either firm:
- FundingPips:
FHFUNDED, 20% off every purchase, new and returning customers (Diwali sale until 9 Nov) (we earn a commission when you use it; you pay the same or less than without it) - FTMO: No discount codes — FTMO does not offer promo codes. Best price is the standard rate.
FundingPips vs FTMO — FAQ
Which pays out faster, FundingPips or FTMO?
FundingPips: Weekly 60%, Bi-Weekly 80% or On Demand 100%, chosen once when the account reaches Master and fixed after that; minimum request 1% of the account size · Bi-weekly 80% or 95% (chosen at purchase, locked); the 95% split needs 3 profitable days >=0.5% per cycle and the counter resets after every reward. On Demand 100% is also available. — FTMO: Bi-weekly (on-demand after 14 calendar days from first trade). Always confirm the current payout policy on the firm's official terms before buying.
Does FundingPips or FTMO have a consistency rule?
FundingPips: None on the bi-weekly cycles of 1 Step Flex and 2 Step Flex, on 2 Step Pro's weekly 80% cycle, or on 2 Step's weekly 60% and bi-weekly 80% cycles. A 35% consistency score applies to the On Demand 100% cycle on every evaluation model, which also needs 7 profitable days of at least 0.5%. Zero runs the tightest rule on the board: a 15% cap, meaning your biggest winning day may not exceed 15% of cumulative profit - a soft rule that blocks the reward request rather than closing the account. FTMO: 1-Step: Consistency rule for accounts from orders created on or after 12 Oct 2026, and for any account merged on or after that date - your Best Day may be at most 50% of your total profit (the sum of closed profits AND losses across all trading days). 1-Step accounts directly initiated from older orders keep the legacy Best Day rule (50% of Positive Days' Profit). Instant Account: Best Day max 30% of total profit to be eligible for a Reward. 2-Step: none. A consistency rule caps how much of your total profit one day may contribute — a real constraint if your profit comes in bursts.
What discount codes work for FundingPips and FTMO?
FundingPips: code FHFUNDED (20% off every purchase, new and returning customers (Diwali sale until 9 Nov)). Codes rotate — FHFUNDED is our own code, issued to us by the firm, so it carries no check date; every other code on this site is re-checked against the firm's own site on a rolling cycle, and a code checked in the last 30 days shows that date.
Do FundingPips and FTMO trade the same markets?
No — FundingPips funds Forex/CFD traders and FTMO funds Forex/CFD + Futures traders, so the account you get is not the same product. That also explains why the rule tables look different: futures programs express drawdown and daily limits in dollars per account size and run on CME data feeds, while Forex/CFD programs express the same limits as a percentage of the account. Pick the market you actually trade first; the firm comparison only matters inside that choice.
Can you use EAs or bots on FundingPips and FTMO?
FundingPips: Self-developed EA: full automation allowed with proof of ownership (source code, version-control history, development-environment evidence, or explaining the logic on a live call - a compiled binary alone is not proof). Third-party EA: permitted only as a trade or risk manager, never to fully automate - any other use means denial of the evaluation or reward and account closure. Exceptions: 1K Instant allows third-party EAs and copiers including full automation; Monthly Competition bans all EAs. HFT remains a forbidden strategy on every model. FTMO: Allowed — discretionary, algorithmic and EAs, including third-party/purchased (cap: no EA may exceed 2,000 server requests per day). Automation rules change more often than prices — confirm the current policy in the firm's terms before you deploy a bot on a paid account.
Final verdict
If you're a new trader or a price-sensitive trader running multiple accounts, FundingPips wins on value. With our code it costs less per account than FTMO's euro price, and you pick the reward cycle that suits you, with no consistency rule on the weekly and bi-weekly cycles.
If you have established capital and want maximum institutional reliability — or if you specifically trade news events — FTMO is worth the premium. Their decade-plus track record and no-news-rule policy on the Challenge earn the higher price for traders who need those features.
For most retail traders in 2026, FundingPips is the better starting point. You can always graduate to FTMO once you've proven you can pass evaluations consistently.