FundedNext vs Funding Pips
FundedNext and Funding Pips set the same targets and loss limits on a $100K two step, but they differ on price, payout cycles, fee refunds and what funded accounts may hold overnight.
FundedNext suits traders who want the lower list price on a $100K two step, weekend holding on the funded account, the fee back with the first reward and a written 24 hour payout promise. Funding Pips suits traders who want to choose their payout rhythm at purchase, from weekly payouts at 60% to monthly payouts at 100%, and who either close positions each day or will pay for the Swing add on. The two challenges share the same targets and loss limits, so the choice is about cost, payouts and funded account rules.
All prices are list prices at the time of review in September 2026. Both firms run frequent discount codes, so the checkout price is often lower.
FundedNext vs Funding Pips at a glance
The table compares the FundedNext Stellar 2 Step at $100,000 on its standard reward option with the Funding Pips 2 Step Standard at $100,000 in its default setup of a 5% daily limit, fortnightly payouts and MetaTrader 5.
| Feature | FundedNext Stellar 2 Step $100K | Funding Pips 2 Step Standard $100K |
|---|---|---|
| List price | $549.99 | $652 |
| Steps | Two | Two |
| Profit target | 8% in phase 1, 5% in phase 2 | 8% in phase 1, 5% in phase 2 |
| Daily loss limit | 5% | 5%, or 3% if chosen at purchase |
| Maximum loss | 10%, static | 10%, static |
| Minimum trading days | Five | Three per phase, or none with the 3% daily option |
| Profit split | 80% on the standard option, 90% on demand, 95% with a paid add on | 60% weekly, 80% fortnightly, 90% on demand or 100% monthly, chosen at purchase |
| First payout | After 21 days on the standard option | At the end of the chosen cycle, or on demand |
| Payout frequency | Every 14 days after the first reward | Weekly, fortnightly, monthly or on demand |
| Fee refund | With the first reward | With the fourth reward |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, Match Trader | MetaTrader 5, cTrader, Match Trader |
| Trustpilot | 4.5 from 80,313 reviews | 4.5 from 69,368 reviews |
Rules and drawdown
On the two step models the evaluation rules match closely. Both ask for 8% and then 5%, set a 5% daily limit and cap total losses at 10% from the starting balance, so the floor on $100K stays at $90,000. Funding Pips lets traders pick a 3% daily limit instead, which removes its three day minimum per phase. FundedNext needs five trading days and counts swap charges towards the daily loss. Neither firm sets a time limit.
Consistency rules depend on the payout option. FundedNext applies a 40% best day rule only when a trader chooses on demand rewards. Funding Pips applies a 35% consistency score on the 2 Step Standard only for the on demand and monthly cycles. On the default options at both firms there is no consistency rule. The prop firm consistency guide explains how these scores are calculated.
Each firm has other models. FundedNext sells Stellar Lite at $399.99 for $100K, with targets of 8% and 4% and limits of 4% and 8%, and a Stellar 1 Step at $569.99 with a 10% target and a 6% static limit. Funding Pips sells a 2 Step Pro at $466 with 6% targets and a 6% static limit, a 2 Step Flex at $555 with a 12% static limit, and a 1 Step Flex at $666 with a 12% target and a 12% static limit.
Funded account rules
Holding rules are the biggest practical difference. FundedNext allows overnight and weekend holding on Stellar challenge and funded accounts. Funding Pips allows holding during the evaluation, but on 2 Step and 1 Step Flex funded accounts open positions are closed automatically at the end of each day unless the trader buys the Swing add on. The automatic close is not a breach, but it rules out holding trades overnight on a standard funded account.
News rules are similar in scope but differ in effect. On FundedNext funded accounts, only 40% of the profit from trades opened or closed within five minutes of listed high impact news on a correlated instrument counts, while losses count in full. On Funding Pips funded accounts, profit from trades opened or closed within five minutes of restricted high impact news, or ten minutes of restricted speeches, on the affected currency may be deducted, unless the trade was opened five hours or more before the event. FundedNext also caps open risk on funded accounts at 3% of the balance at any time, and it allows expert advisors only on MetaTrader accounts below $50,000, so a $100K account must be traded manually.
Pricing and fee refunds
At list price FundedNext is cheaper for this size, at $549.99 against $652. Funding Pips prices change with the options chosen: the 3% daily limit, other payout cycles and a swap free account change the fee, and cTrader adds $20. FundedNext refunds the Stellar 2 Step fee with the first reward, while Funding Pips refunds the fee with the fourth reward, and only on the 2 Step Standard. Prices for US clients differ at FundedNext.
Payouts
FundedNext’s standard option pays the first reward after 21 days and then every 14 days at 80%. Traders who choose three winning day rewards receive 60%, on demand rewards pay 90%, and a paid add on lifts the share to 95%. FundedNext promises to process rewards within 24 hours or add $1,000 to the payout, excluding bank transfers and manual reviews, and charges a processing fee of up to 3.5%. Methods include USDT, USDC, RiseWorks and bank transfer, with a $1,000 minimum by bank. On challenges bought from 12 January 2026, its FundedNext Pro scale up adds 25% to the balance after four rewards with at least 4% growth in each, up to $4 million.
Funding Pips ties the split to the payout cycle chosen at purchase. On the 2 Step Standard, weekly payouts pay 60%, fortnightly 80%, on demand 90% and monthly 100%. The minimum payout is 1% of the funded account size, and $500 by Rise or bank transfer. Requests are processed within one to three working days, plus one to two working days for funds to arrive, and trading is disabled while a request is processed. Methods include card in selected regions, USDT or USDC, Rise and bank transfer. More on how payout cycles compare is in prop firm payouts.
Platforms and markets
FundedNext supports MetaTrader 4, MetaTrader 5, cTrader and Match Trader, with TradingView for analysis only, and Match Trader is the only platform for US clients. Markets cover forex, commodities, indices, crypto and stocks, and support runs around the clock in 44 languages.
Funding Pips supports MetaTrader 5, cTrader at an extra $20 and Match Trader, which is the platform available to US and Canadian residents. Markets cover forex majors and crosses, metals, indices, energies and crypto, with leverage of 1:100 on forex. Commission is $5 per lot on forex and metals, with none on indices and energies.
Who should choose each firm
Choose FundedNext if
- You want the lower list price and your fee back with the first reward.
- You hold positions overnight or over weekends on a funded account.
- You trade manually and value a written 24 hour payout promise.
Choose Funding Pips if
- You want to choose your payout rhythm, including a 100% split on monthly payouts.
- You close positions each day, or you will pay for the Swing add on.
- You want a lower cost 2 Step Pro or a wider 12% limit on the Flex models.
Read the FundedNext review, see how Funding Pips fares in FTMO vs FundingPips, or browse more comparisons. The comparison table and the CFD prop firms hub list every firm on the site.
Frequently Asked Questions
Is FundedNext or Funding Pips cheaper for a $100K two step?
At list price FundedNext is cheaper, at $549.99 for the Stellar 2 Step against $652 for the Funding Pips 2 Step Standard in its default setup. Funding Pips prices change with the daily limit, payout cycle and platform chosen, and its 2 Step Pro costs $466 with tighter 6% limits. Both firms often run discount codes.
Do FundedNext and Funding Pips have the same rules?
On the $100K two step the evaluation rules are almost the same: 8% and 5% targets, a 5% daily limit and a 10% static maximum loss. The differences are in minimum days, payout cycles, fee refunds and funded account rules, especially overnight holding and how profits from trades near high impact news are treated.
Can I hold trades overnight on a funded account?
At FundedNext, yes: overnight and weekend holding is allowed on Stellar challenge and funded accounts. At Funding Pips, open positions on 2 Step and 1 Step Flex funded accounts are closed automatically at the end of each day unless you buy the Swing add on. Holding is allowed during the Funding Pips evaluation.
When is the challenge fee refunded?
FundedNext refunds the Stellar 2 Step fee with the first reward, and the Stellar 1 Step and Lite fees with the third. Funding Pips refunds the fee with the fourth reward, and only on the 2 Step Standard. Neither refund applies if the trader never reaches a payout.
Which firm pays out faster?
FundedNext promises to process rewards within 24 hours or add $1,000 to the payout, excluding bank transfers and manual reviews, though its standard option waits 21 days for the first reward. Funding Pips processes requests in one to three working days plus one to two days for funds to arrive, and offers weekly or on demand cycles.