Prop firms whose payouts run weekly, daily or on demand after the first withdrawal, with each program's first-payout rule, ongoing frequency, split at that frequency and methods, plus the buffers, caps and consistency checks that apply.
FundingPips and FundedNext both sell low-cost two-phase forex and CFD evaluations with an 8% then 5% target, a 5% daily limit and a 10% static maximum loss. On paper they look almost identical. The differences sit in refunds, how the daily limit is measured, payout timing, leverage, overnight holding and EAs. FundedNext ranks higher in our data. This comparison uses each firm's official pages as we checked them in November 2026.
FundingPips vs FundedNext at a glance
| FundingPips | FundedNext | |
|---|---|---|
| Market | Forex/CFD | Forex/CFD |
| FundedTime score | 7.4/10 | 8.2/10 |
| Data status | Mostly verified (official site readable November 2026; Zero pricing not verified) | Verified |
| Listed price | 2 Step Standard $39 ($5k) to $652 ($100k); 2 Step Pro $29 to $919 ($200k) | From $59.99 (Stellar 2-Step $6k); $549.99 for $100k |
| Pricing model | One-time fee | One-time fee |
| Fee refundable | 2 Step Standard only, refunded at the fourth reward | Yes: 2-Step with first reward; 1-Step and Lite with third reward |
| Max account size | $200,000 (2 Step Pro, Zero); $100,000 on 2 Step Standard | $200,000 |
| Max profit split | 100% on On Demand cycle; 80% bi-weekly, 60% weekly (2 Step Standard) | 80% default (90% after scale-up); 95% with Lifetime add-on |
| Profit target | 8% / 5% (2 Step Standard); 6% / 6% (2 Step Pro); 12% (1 Step Flex) | 8% / 5% (Stellar 2-Step); 10% (Stellar 1-Step) |
| Daily loss limit | 5% (2 Step Standard), measured from the higher of opening balance or equity; 3% (Pro) | 5% (2-Step); 3% (1-Step); fixed % of initial balance |
| Max drawdown | 10% static (2 Step Standard); 6% (Pro); 12% (Flex) | 10% static (2-Step); 6% static (1-Step) |
| Drawdown type | Static (Zero: 5% trailing) | Static (Stellar Instant: 6% trailing) |
| Minimum trading days | 3 per phase (2 Step Standard); none on 2 Step Pro and 1 Step Flex | 5 per phase (2-Step); 2 (1-Step) |
| Consistency rule | None in evaluation; On Demand 100% needs a 35% consistency score and 7 profitable days | None in evaluation; On-Demand reward needs best day 40% or less |
| News trading | Allowed in evaluation; funded profits within 5 minutes of restricted news may be deducted | Allowed in challenges; funded profits within 5 minutes of high-impact news count at 40% |
| EAs / bots | Trade/risk-manager EAs only; own fully automated EAs if you can prove ownership | Only $5k to $25k accounts with paid add-on, MT4/MT5 |
| First payout | 7 days after first Master trade (weekly cycle, 2 Step Standard) | 21 days from funded activation (default 2-Step cycle) |
| Payout frequency | Weekly, bi-weekly or on demand (choice of cycle) | Every 14 days after the first (other cycle options available) |
| Payout methods | Card, crypto (USDT/USDC), Rise, bank transfer | USDT, USDC, RiseWorks, bank transfer, card, FNmarkets deposit |
| Platforms | MT5, cTrader, Match-Trader | MT4, MT5, cTrader, Match-Trader |
| US traders | Not on published restricted list; no US-specific terms found | Yes, Match-Trader only, no EAs |
| Trustpilot | 4.5 (71,489 reviews) | 4.5 (82,825 reviews) |
FundedTime scores
FundingPips scores 7.4/10 and ranks fourth of the 11 forex and CFD firms we track. FundedNext scores 8.2/10 and ranks third. Scores follow our published methodology and are not a guarantee of results.
Pricing and fees
Both firms publish USD prices. For a $100,000 account, FundingPips' 2 Step Standard lists at $652 and FundedNext's Stellar 2-Step at $549.99. At the small end, FundingPips' $5,000 2 Step Standard is $39 and its 2 Step Pro $29; FundedNext's Stellar 2-Step starts at $59.99 for $6,000 and its cheaper Stellar Lite at $32.99 for $5,000. FundedNext's help center lists its $200,000 2-Step at $999.99, below the $1,099.99 on its product page, so check checkout. FundingPips does not sell a $200,000 2 Step Standard; its 2 Step Pro goes to $200,000 at $919.
The refund gap is large. FundedNext refunds the Stellar 2-Step fee with the first reward, and the 1-Step and Lite fees with the third. FundingPips refunds only the 2 Step Standard fee and only at the fourth reward. Both offer discounted resets: FundedNext at roughly 9 to 10% off before you are funded, FundingPips for 7 days after a breach (12% off Phase 1 on 2 Step Standard).
Rules and drawdown
FundingPips 2 Step Standard: 8% then 5%, 5% daily, 10% static maximum loss, 3 trading days per phase. FundedNext Stellar 2-Step: 8% then 5%, 5% daily, 10% static maximum loss, 5 trading days per phase. Neither has a time limit or an evaluation consistency rule.
The daily limits are calculated differently. FundedNext uses a fixed 5% of the initial balance, counting realised and unrealised P&L, swaps and commissions, reset at 00:00 server time (FundedNext does not name the time zone). FundingPips uses 5% of the higher of the day's opening balance or opening equity, reset at 00:00 platform time.
Funded-stage rules matter more. FundingPips' Master accounts close open trades automatically each day unless you buy a Swing add-on; FundedNext allows overnight and weekend holding on its 1-Step, 2-Step and Lite at every stage. On news, FundingPips may deduct profit from funded trades opened or closed within 5 minutes of restricted releases, while FundedNext counts that profit at 40%. On EAs, FundingPips allows third-party EAs only as trade or risk managers (full automation only if you wrote it); FundedNext allows EAs only on $5,000 to $25,000 accounts with a paid add-on on MT4 or MT5.
Leverage is a real difference for position sizing: FundingPips lists 1:100 on forex, FundedNext's Stellar 2-Step 1:30. Use the margin calculator to see what that means for your lot sizes.
Worked example: the daily loss limit on $100,000
Take a $100,000 account at each firm, with a $90,000 static floor in both cases.
- Day opens flat at $104,000: FundedNext allows $5,000, so the floor is $99,000. FundingPips allows 5% of $104,000, or $5,200, so the floor is $98,800.
- Day opens flat at $97,000 after a losing week: FundedNext still allows $5,000 (floor $92,000). FundingPips allows 5% of $97,000, or $4,850 (floor $92,150).
- Day opens at $104,000 balance with $2,000 of open profit: FundingPips measures from $106,000 equity, so 5% is $5,300 and the floor is $100,700. If the open trade goes back to breakeven you have $3,300 left. FundedNext's product page does not say whether open profit at the reset changes its starting level, so check the help center if you hold trades across midnight.
The differences are a few hundred dollars per day, but they compound when you are close to the limit. The larger practical gap is the minimum days: on a good run you could pass FundingPips' Phase 1 on day 3, while FundedNext needs at least 5 trading days. Try your numbers in the drawdown calculator.
Payouts
FundingPips lets you choose a cycle on the funded Master account. On 2 Step Standard: weekly at 60% (first 7 days after your first Master trade), bi-weekly at 80%, or on demand at 100% with a 35% consistency score and 7 profitable days. Methods are card, crypto (USDT or USDC), Rise and bank transfer ($500 minimum for Rise and bank). Processing is 1 to 3 working days plus 1 to 2 to arrive.
FundedNext's default Stellar 2-Step cycle allows the first reward 21 days after funded activation, then every 14 days, at 80% (90% after a scale-up). Alternatives include a 3 Profitable Day option at 60%, On-Demand at 90% (2% growth and a best day of 40% or less), a bi-weekly add-on and a Lifetime 95% add-on. Methods are USDT, USDC, RiseWorks, bank transfer, card and deposit to FNmarkets; FundedNext says rewards are usually issued within 24 hours. It does not publish minimum and maximum limits in the help article we read.
On $6,000 of first-cycle profit at the 80% split, both pay $4,800. FundedNext adds the $549.99 fee refund on that first reward; FundingPips would not refund until the fourth reward. See the FundingPips payout guide and FundedNext payout guide.
Platforms and US access
FundingPips supports MT5, cTrader and Match-Trader. FundedNext supports MT4, MT5, cTrader and Match-Trader. FundedNext accepts US traders on Match-Trader only, with no EAs and no 15% challenge reward. FundingPips does not list the US as restricted, but we found no US-specific terms, so confirm before buying.
Who each firm suits
FundingPips
Intraday traders who want 1:100 forex leverage, a 3-day minimum, the option of weekly payouts and the lowest entry prices on small accounts, and who do not need to hold positions overnight once funded.
FundedNext
Traders who want the fee back with the first reward, overnight and weekend holding on funded accounts, MT4 access and a published US offering, and who can work with 1:30 forex leverage and a 21-day first cycle.
Which should you choose if…
- You swing trade: FundedNext, which allows overnight and weekend holding without an add-on.
- You want the first payout soonest: FundingPips' weekly cycle (7 days), at a 60% split.
- You care most about the refund: FundedNext, refunded with the first reward.
- You trade large forex positions: FundingPips, given 1:100 versus 1:30 leverage.
- You are in the US: FundedNext publishes US terms (Match-Trader only); check FundingPips' eligibility first.
Bottom line
FundedNext scores higher in our rankings thanks to its refund, published US terms and overnight holding. FundingPips is cheaper on small accounts, faster to first payout and offers more leverage. The headline rules are so similar that your holding period and payout preference should decide it.
Read the full FundingPips review and FundedNext review, see FTMO vs FundedNext, or compare more firms with the comparison tool.
Sources (checked November 2026): FundingPips: fundingpips.com, intercom.help/fundingpips managing your rewards, intercom.help/fundingpips rewards with Rise, trustpilot.com/review/fundingpips.com; FundedNext: fundednext.com/cfds/stellar-2-step, fundednext.com/general-rules/cfds/trading-objectives, help.fundednext.com Stellar 2-Step, trustpilot.com/review/fundednext.com.
FAQ
Is FundingPips or FundedNext cheaper?
For $100,000, FundingPips' 2 Step Standard lists at $652 and FundedNext's Stellar 2-Step at $549.99. On small accounts FundingPips is cheaper, from $29 for a $5,000 2 Step Pro.
Which refunds the fee sooner?
FundedNext refunds the Stellar 2-Step fee with the first reward. FundingPips refunds only the 2 Step Standard fee, at the fourth reward.
Can I hold trades overnight on a funded account?
On FundedNext, yes. On FundingPips Master accounts, open trades are closed automatically each day unless you buy the Swing add-on.
Which has more leverage?
FundingPips lists 1:100 on forex. FundedNext's Stellar 2-Step lists 1:30 on forex.
Educational content only, not financial advice. Trading involves substantial risk of loss. Prop firm rules change often; check the firm's official terms. Some links may be affiliate links; see our disclosure.
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