Funding Pips vs FXIFY
Funding Pips and FXIFY both sell $100K two step challenges with a 5% second target, but differ on the first target, how the drawdown moves, payout minimums and EA rules.
Funding Pips suits forex traders who want a lower first target, a maximum loss that never moves and the choice of how often they are paid. FXIFY suits traders who want a small first payout early, their challenge fee back with that payout, EAs allowed in the evaluation and TradingView or DXtrade as well as MetaTrader 5. On a $100K two step account both firms ask for 5% in the second phase, so the differences are the first target, how the drawdown moves and how payouts are released.
Prices and rules were checked on each firm’s own website and help centre on 11 November 2026. Both firms run discount codes, so the checkout total is what to compare.
Funding Pips vs FXIFY at a glance
The table compares the $100K Funding Pips 2 Step Standard with the $100K FXIFY Two Phase Standard, the closest match at each firm.
| Feature | Funding Pips 2 Step Standard | FXIFY Two Phase Standard |
|---|---|---|
| Price, $100K | $652 with a 5% daily limit, or $544 with a 3% daily limit | $549 |
| Code on 11 November | FP, 20% off for new customers | FUNDED25, 25% off plus two free add ons, until 24 November ($411.75) |
| Profit targets | 8%, then 5% | 10%, then 5% |
| Daily loss limit | 5% (or 3%), measured from the higher of the day’s opening balance or equity | 4%, measured from the previous day’s balance at 5 pm EST |
| Maximum loss | 10% static: the account can’t go below $90,000 | 10%, trailing the closed balance until it locks at the starting balance |
| Minimum days | 3 per phase (none on the 3% version) | 5 |
| Time limit | None | None |
| Profit split | 60% weekly, 80% every two weeks or 100% on demand | Up to 90% |
| Minimum payout | 1% of the account, $1,000 on $100K | $50 |
| Fee refund | With the fourth reward | With the first payout, on request |
| Platforms | MT5, cTrader, Match-Trader | MT5, DXtrade, TradingView |
| EAs | Your own EA with proof of ownership; others only as trade managers | Allowed in the evaluation |
| Trustpilot | 4.4 from 73,231 reviews | 4.3 from 6,640 reviews |
Rules and drawdown
The biggest rule difference is how the maximum loss moves. Funding Pips uses a static 10% limit on the 2 Step Standard, so a $100K account fails only if equity falls to $90,000, however much it has made. FXIFY’s Two Phase Standard also allows 10%, but the limit trails the closed balance as it grows, until it locks at the starting balance once the account is 10% up or after a payout. Early in the account, a run of winning trades followed by a losing streak can end an FXIFY Standard account where a Funding Pips account would survive. FXIFY’s Classic ($549, 10% static) and Pro ($599, 8% static) versions avoid the trailing limit. See prop firms with static drawdown.
The daily limits are measured differently too. Funding Pips takes 5% (or 3%) of whichever was higher when the day began, the balance or the equity, and resets at midnight platform time. FXIFY takes 4% of the previous day’s balance at 5 pm EST and checks it against equity, so open losses count.
Funding Pips sets the lower first target, 8% against FXIFY’s 10%, and asks for at least three trading days per phase, or none if you choose the 3% daily limit version. FXIFY asks for five trading days. Neither firm sets a time limit on its two step challenge, and Funding Pips has no consistency rule in the evaluation.
Pricing and fees
Both firms charge a one time fee. Funding Pips lists its $100K 2 Step Standard at $652 with the 5% daily limit or $544 with the 3% version, and on 11 November its homepage offered new customers 20% off with code FP, with no end date shown. Its other $100K challenges are the 2 Step Pro at $466 (6% and 6% targets, 3% daily, 6% static), the 2 Step Flex at $555 (10% and 8%, 4% daily, 12% static), the 1 Step Flex at $529 or $666 depending on the daily limit (12% target, 12% static), and FundingPips Zero at $444, which skips the evaluation.
FXIFY lists its $100K Two Phase Standard at $549, and FUNDED25 took 25% off and added two free add ons until 24 November, bringing it to $411.75. Its One Phase costs $549 at list price (10% target, 3% daily, 6% trailing), and ONESTEP35 took 35% off for new traders until 31 December, to $356.85. FXIFY also sells a Three Phase challenge at $399 (5% per phase, 5% static), a Lightning challenge at $399 that must be passed in three to five trading days, and Instant accounts, at $4,249 for $100K.
Funding Pips refunds the 2 Step Standard fee with the fourth reward; its other models carry no refund. FXIFY returns the fee with the first payout on request on its one, two and three phase plans, but not on the Two Phase Pro or Instant accounts. Funding Pips charges $5 a lot on forex and metals, nothing on indices and energies, and 0.04% on crypto. See the best $100K prop firm accounts.
Payouts
FXIFY’s evaluation accounts can take a first payout on demand once the funded account has five trading days and a closed trade, with a $50 minimum. After that, payouts are monthly, or every two weeks with the bi weekly add on. The split is up to 90% on the Standard plan, 80% on Pro and up to 100% on Classic. FXIFY says it has made more than 12,500 payouts.
Funding Pips lets you choose the reward cycle on the funded Master account: weekly at a 60% split, every two weeks at 80%, or on demand at 100%. On demand rewards need seven profitable days of at least 0.5% and no day above 35% of profit, and come with a strike system: losing 1% on a single trade idea earns a warning, and further strikes cut the split and can end the account. The minimum reward is 1% of the account, $1,000 on $100K. Funding Pips says rewards are processed within one to three working days and arrive one to two working days later, by Rise, bank, card or crypto. See fast payout prop firms.
Platforms, EAs and trading rules
Funding Pips offers MetaTrader 5, cTrader and Match-Trader. FXIFY offers MetaTrader 5, DXtrade and TradingView, except on Lightning, which is MetaTrader 5 only. FXIFY is part of the FXPIG group.
FXIFY allows EAs, news trading and weekend holding on its one, two and three phase evaluations, but not on Instant accounts. Funding Pips allows third party EAs only as trade or risk managers, and fully automated trading only with your own EA and proof of ownership; high frequency trading, arbitrage and tick scalping are banned. Funding Pips allows news trading in the evaluation, but on the Master account profit from trades opened or closed within five minutes of high impact news can be removed, unless the trade was opened at least five hours before. Master accounts can’t hold over the weekend without the Swing add on. Funding Pips allows copying trades only between your own accounts, through its own trade copier. See prop firms that allow EAs.
FXIFY’s site lists 35 countries and regions it does not serve, including the United States, Russia, Kenya and Ghana. Funding Pips’ getting started page lists Iran, Vietnam and the United Arab Emirates as restricted. Funding Pips caps the capital one trader can hold across evaluation and Master accounts at $400,000.
Who should choose each firm
Choose Funding Pips if
- You want an 8% first target and a maximum loss that never trails.
- You want to choose your payout cycle, including 100% on demand.
- You trade on cTrader or Match-Trader.
Choose FXIFY if
- You want a first payout early, from $50, with your fee back.
- You run an EA or hold trades over the weekend in the evaluation.
- You want TradingView or DXtrade.
To see the two firms’ programs side by side, use the compare tool. For other matchups, see FXIFY vs FTMO, FXIFY vs FundedNext, FundedNext vs Funding Pips, The5ers vs Funding Pips, Funding Pips alternatives and every head to head comparison.
Frequently Asked Questions
Is Funding Pips or FXIFY cheaper for a $100K two step?
At list price FXIFY is cheaper: its $100K Two Phase Standard costs $549, and its FUNDED25 code brought that to $411.75 until 24 November 2026. The Funding Pips $100K 2 Step Standard costs $652 with a 5% daily loss limit or $544 with a 3% limit, and its FP code took 20% off for new customers. Check the checkout total on the day, because both firms change their codes often.
Which firm has the easier profit targets?
Funding Pips. Its 2 Step Standard asks for 8% in Phase 1 and 5% in Phase 2. The FXIFY Two Phase Standard asks for 10% and then 5%.
Is the drawdown static or trailing?
Funding Pips uses a static 10% maximum loss on the 2 Step Standard, so a $100K account can never fall below $90,000 whatever it earns. FXIFY's Two Phase Standard uses a 10% limit that trails the closed balance until it locks at the starting balance, once the account is 10% up or after a payout. FXIFY's Classic and Pro versions use a static limit.
Which firm pays out sooner?
FXIFY lets you take a first payout on demand, from $50, once the funded account has five trading days and a closed trade, then monthly or every two weeks with an add on. Funding Pips sets a minimum reward of 1% of the account, $1,000 on $100K, and lets you choose weekly, every two weeks or on demand, with the split depending on that choice. It says rewards are processed within one to three working days.
Can I use an EA at Funding Pips or FXIFY?
FXIFY allows EAs on its one, two and three phase evaluations, but not on Instant or Lightning accounts. Funding Pips allows third party EAs only as trade or risk managers, and fully automated trading only with your own EA and proof that you own it.
