Funding Pips & FundedNext Two-step Comparison
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Welcome to our comparison between Funding Pips and FundedNext, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.
Company Details
| Company Details | Funding Pips | FundedNext |
|---|---|---|
| Incorporation Date | August 2022 | March 2022 |
| CEO | Khaled Ayesh | Abdullah Jayed |
| Office Location | Dubai, United Arab Emirates | Dubai, United Arab Emirates |
| Scaling Plan |  | |
Funding Pips and FundedNext are two reputable and trustworthy proprietary trading firms. Funding Pips was incorporated in August 2022 while being managed by their CEO, Khaled Ayesh. They have their offices located in Dubai, United Arab Emirates. FundedNext, on the other hand, was incorporated in March 2022 while being managed by its CEO, Abdullah Jayed. Additionally, their offices are also located in Dubai, United Arab Emirates.
Funding Program Options
| Funding Program Options | Funding Pips | FundedNext |
|---|---|---|
| One-step Evaluation | | |
| Two-step Evaluation | | |
| Three-step Evaluation | |  |
Funding Pips provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation, a one-step evaluation, and a three-step evaluation. FundedNext, on the other hand, allows its traders to choose between six funding programs to acquire funding, three two-step evaluations and three one-step evaluations.
Two-step Comparison
| Trading Objectives | Evaluation | Two-Step Stellar | Stellar Lite | Evaluation Model |
|---|---|---|---|---|
Profit Target (Phase 1) | 8% | 8% | 8% | 10% |
| Profit Target (Phase 2) | 5% | 5% | 4% | 5% |
| Maximum Daily Loss | 5% (Scaleable up to 7%) | 5% | 4% | 5% |
| Maximum Loss | 10% (Scaleable up to 14%) | 10% | 8% | 10% |
| Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days | 5 Calendar Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: 4 Weeks Phase 2: 8 Weeks |
| Leverage | 1:100 | 1:100 | 1:100 | 1:100 |
| Profit Split | 80% up to 90% | 80% up to 95% | 80% up to 95% | 80% up to 95% |
After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.
| Account Size | Evaluation | Two-Step Stellar | Stellar Lite | Evaluation Model |
|---|---|---|---|---|
| $5,000 | $36 | | $32 | |
| $6,000 | | $59 | | $49 |
| $10,000 | $66 | | $59 | |
| $15,000 | | $119 | | $99 |
| $25,000 | $156 | $199 | $139 | $199 |
| $50,000 | $266 | $299 | $229 | $299 |
| $100,000 | $444 | $519 | $399 | $549 |
| $200,000 | | $999 | | $999 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Funding Pips and FundedNext, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| Funding Pips | FundedNext | |
|---|---|---|
| Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | FundedNext Server |
| Trading Platform | Match-Trader, cTrader, TradeLocker | MetaTrader 4, MetaTrader 5, cTrader |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with Funding Pips and which with FundedNext.
| Trading Instrument | Funding Pips | FundedNext |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from Funding Pips and FundedNext. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | Funding Pips | FundedNext |
|---|---|---|
| Rating | 4.4/5 | 4.5/5 |
| Number of Reviews | 13,635 | 18,332 |
| 5-Star Ratings | 80% | 83% |
Funding Pips has an excellent rating of 4.4/5. This is out of a total of 13,635 reviews, where 80% of them are rated as 5 stars. FundedNext, on the other hand, also has an excellent rating of 4.5/5. However, this is out of a total of 18,332 reviews, where 83% of them are rated as 5 stars.
Conclusion
In conclusion, Funding Pips and FundedNext are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. Funding Pips has a two-step evaluation, a one-step evaluation, and a three-step evaluation, while FundedNext has three two-step evaluations and three one-step evaluations.
This concludes our comparison between Funding Pips and FundedNext. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
Funding Pips 5% active discount code: FOREXPROPREVIEWS
FundedNext 5% active discount code: FOREXPROPREVIEWS
Our comparison between Funding Pips and FundedNext was last updated on 19.06.2024 at 07:11 (CE(S)T).
