All Prop Firm Comparisons
Read Full Funding Pips Review Read Full Topstep Review
Head-to-Head Comparison
Funding Pips vs Topstep
Full side-by-side breakdown of profit splits, drawdown rules, challenge costs, payout speed, and PFR Score™. Updated for 2026.
Funding Pips
4.8/5
PFR Score™
A high-growth industry disruptor known for its lightning-fast on-chain payouts, flexible rules, and some of the most competitive pricing in the prop space.
Visit Funding PipsFull Review →Topstep
4.8/5
PFR Score™
The original pioneer of funded futures trading, providing unmatched regulatory transparency and a direct path to the CME markets for serious professionals.
Visit TopstepFull Review →Full Comparison Table
| Criteria | Funding Pips | Topstep |
|---|---|---|
| PFR Score™ | 4.8 / 5 | 4.8 / 5 |
| Max Funding | ✓$600K | $150K |
| Max Profit Split | ✓100% | 90% |
| Challenge Price (Entry) | ✓$29 | $49 |
| Daily Drawdown Limit | ✓5% | 4% |
| Max Total Drawdown | ✓10% | 5% |
| Min Trading Days | 0 days | 0 days |
| Payout Speed | On-demand | 1-2 business days |
| News Trading | ❌ Restricted | ✅ Allowed |
| Weekend Holding | ✅ Allowed | ❌ Not Allowed |
| EA / Algorithmic Trading | ✅ Allowed | ✅ Allowed |
| Trustpilot Score | ✓4.8 / 5.0 | 4.3 / 5.0 |
| Trading Platforms | MT4, MT5 | NinjaTrader, TradingView, Quantower |
| Tradeable Assets | Forex, Indices, Commodities, Crypto | Futures |
| Difficulty | Easy | Medium |
Funding Pips — Pros & Cons
Exceptionally flexible payout options including on-demand and weekly cycles.
Over $200 million in verified on-chain payouts, demonstrating high reliability.
No time limits on evaluation phases, promoting a low-stress trading environment.
Does not currently accept new account registrations from US-based traders.
Daily drawdown is calculated on current balance, which can be less intuitive than static models.
Topstep — Pros & Cons
Pioneer in futures prop trading
Very affordable entry at $49
90% profit split
Futures only — no forex/crypto
Lower max funding than competitors
Verdict: Which Firm Should You Choose?
Funding Pips and Topstep are closely matched across our PFR Score™ metrics. Your choice should come down to which drawdown model and platform ecosystem better fits your specific trading strategy.
Funding Pips vs Topstep — FAQ
Is Funding Pips or Topstep better for funded trading?+
Funding Pips and Topstep score equally across key metrics. Choose based on your preferred trading platform and which drawdown structure suits your strategy.
What is the profit split difference between Funding Pips and Topstep?+
Funding Pips offers up to 100% profit split, while Topstep offers up to 90% profit split to funded traders.
Which firm has stricter drawdown rules — Funding Pips or Topstep?+
Funding Pips enforces a 5% daily drawdown limit and a 10% max total drawdown. Topstep enforces a 4% daily drawdown and a 5% total drawdown. Topstep is stricter on daily limits.
Can I use automated trading (EAs) with Funding Pips and Topstep?+
Funding Pips allows automated Expert Advisors (EAs). Topstep allows automated EAs.