Our editorial team compared every key metric — fees, rules, profit split, payouts — so you can pick the right firm.
| Feature | FundingPips | Funded Squad |
|---|---|---|
| Payout | ||
| Profit Split | 80% → 90% | 100% (most programs) |
| First Payout | 5 | — |
| Payout Frequency | Every 5 days (Tuesdays) | On-demand / Daily / Every 5–7 days (by program) |
| Max Account Size | $100,000 | $200,000 |
Winner: FundingPips
In this independent head-to-head comparison of FundingPips vs Funded Squad, we break down challenge rules, pricing, profit splits, and payout conditions to help you decide which prop firm is the better fit for your trading style.
FundingPips: The Fastest Payout Cycle in Prop Trading
Funded Squad: $1K Missed-Payout Penalty. 100% Fee Refunds. Reward Protection.
Based on our independent scoring methodology, FundingPips scores 9.6/10 overall — but the best choice depends on your specific needs. Read the full comparison below.
BestProp Score: FundingPips scores 9.6/10 vs Funded Squad at 8.9/10.
Minimum Fee: FundingPips starts from $36; Funded Squad starts from $49. FundingPips is cheaper at entry level.
Profit Split: FundingPips offers 80% → 90%; Funded Squad offers 100% (most programs). FundingPips has the higher split.
Platforms: FundingPips supports cTrader, Match Trader, MT5; Funded Squad is on Platform 5, Match Trader.
Tradeable Markets: FundingPips covers Forex, Metals, Energy, Indices, Crypto; Funded Squad offers Forex, Metals, Indices, Crypto, Commodities.
Challenge fees are typically the biggest factor when choosing a prop firm. Here is how FundingPips and Funded Squad compare on pricing.
FundingPips challenge fees start from $36. The firm has operated since 2022. Total payouts to date: $260M+.
Funded Squad challenge fees start from $49. They have funded over 30,000+ traders. Total payouts to date: $2,000,000+.
On entry-level pricing, FundingPips offers a lower starting fee — an important factor if you are testing with a smaller account first.
FundingPips profit split: 80% → 90%. Funded Squad profit split: 100% (most programs). FundingPips delivers the higher cut to traders.
Payout frequency: FundingPips pays Every 5 days (Tuesdays); Funded Squad pays On-demand / Daily / Every 5–7 days (by program). Faster payouts are better for cash flow management.
Here is our full independent review of FundingPips:
FundingPips launched in 2022 from Dubai and has since become one of the fastest-growing prop firms in the industry by a significant margin. The numbers are hard to argue with: $260M+ in total rewards paid to traders, 4.7/5 on Trustpilot from over 10,000 reviews, and a 5-day payout cycle that gives traders up to four withdrawals per month. For a firm founded three years ago, this is an exceptional track record.
CEO Khaled Ayesh is publicly visible and actively engaged with the trading community — a transparency marker that matters when evaluating younger firms. FundingPips also runs consistently among the lowest-fee prop firms in the space, with a $5,000 account available for $36.
FundingPips suits forex, commodities, and crypto traders who want a high-frequency payout cycle, permissive trading rules, and low entry costs. The 5-day payout schedule is the standout feature — if cash flow matters to your trading operation, getting paid every Tuesday rather than every two to four weeks is a meaningful difference.
EAs and expert advisors are permitted, news trading is allowed, and crypto trades 24/7 on weekends. The trailing drawdown is the main technical challenge — it follows your highest balance, not just the starting amount, which demands tighter ongoing risk management than static drawdown firms.
FundingPips uses a two-phase evaluation structure called Student → Practitioner → Master:
All fees are refunded after your 4th successful payout — effectively making the challenge free for traders who maintain funded status through four withdrawal cycles. FundingPips also offers 1-Step, Pro, and Zero program variants with different fee and rule structures — check their site for current availability and pricing on those formats.
| Account Size | Fee |
|---|---|
| $5,000 | $36 |
| $10,000 | $66 |
| $25,000 | $158 |
| $50,000 | $278 |
| $100,000 | $529 |
FundingPips earns an 8.8 BestProp score — the second-highest we award. The combination of $260M+ in proven payouts, 4.7/5 Trustpilot from 10,000+ verified reviews, industry-lowest fees, and a 5-day payout cycle makes it one of the most compelling prop firms available in 2026.
The trailing drawdown is the only significant challenge — it requires ongoing discipline to avoid giving back gains and seeing your drawdown limit tighten with every new high. Traders who understand trailing drawdown mechanics and manage it actively will find FundingPips one of the best-value funded trading programs on the market.
Here is our full independent review of Funded Squad:
Funded Squad is operated by Devionics Technology FZCO, headquartered at Dubai Silicon Oasis, UAE. With 30,000+ traders across 130+ countries and $2M+ in distributed rewards, the platform has grown quickly since launch on the back of a notably trader-friendly ruleset: 100% fee refunds on evaluation accounts, reward protection that lets traders keep profits even after failing the funded phase, and the strongest payout penalty we have reviewed — a $1,000 bonus if their 12-hour processing window is missed.
Six distinct program types give traders genuine choice across instant funding and evaluation paths, all with 100% profit splits (except Instant Pro at 70%) and no time limits.
Funded Squad suits traders who want low drawdown risk with high profit retention. The 2-Step Squad account’s 12% max drawdown is one of the most forgiving in the space, while the 1-Step Evaluation’s 7% max drawdown with a refundable fee and 100% split is an attractive combination for traders who are confident in their edge but want fee protection if things go wrong.
The scaling plan doubles account size for every 10% profit milestone — a path that reaches $1,000,000 in total allocation. For systematic and EA traders, automated trading is permitted on all platforms and no consistency rules apply on instant accounts.
Funded Squad offers an unusual guarantee: if a trader fails the funded phase after already receiving payouts, those payouts are not clawed back. Earned rewards remain with the trader regardless of what happens to the account afterward. This removes the risk of a firm claiming back previously paid profits — a practice that has occurred at other firms and caused significant community backlash.
Two platforms: Platform 5 (their proprietary platform, built for speed and advanced order types) and Match Trader. Instruments: forex, metals, indices, crypto, commodities. EAs and automated strategies permitted on all platforms. No consistency rules on instant accounts.
Note: a $10 platform fee applies per account in addition to the challenge fee.
Funded Squad earns a 7.9 BestProp score. The combination of 100% fee refunds, $1,000 payout penalty, reward protection, no consistency rules, and six program types with 100% splits makes the trader-value proposition among the strongest we have reviewed. The 2-Step Squad’s 12% drawdown buffer stands out for traders who need breathing room. Platform 5 is proprietary but capable.
The firm is newer and $2M+ in total payouts — while real — is modest compared to larger firms. No public Trustpilot data was available at time of writing. Overall, Funded Squad is a strong contender for traders who want maximum split retention and fee protection, with the payout guarantee providing a meaningful safety net.
Overall, our independent scoring gives FundingPips the edge in this 2026 comparison. However, both firms have their merits. If Funded Squad better matches your specific trading style, instruments, or preferred platform, it may still be the right choice for you.
Use our comparison table above and review the challenge fees at both firms before making your final decision. Both offer risk-free evaluation programs — the challenge fee is the only money at risk.
Based on our independent scoring, FundingPips scores higher overall (9.6/10). The best choice depends on your trading style, preferred instruments, and account size.
FundingPips offers a lower entry-level challenge fee. However, always compare the full account sizes you plan to trade before deciding purely on price.
FundingPips offers the higher profit split. FundingPips: 80% → 90%. Funded Squad: 100% (most programs).
EA policies: FundingPips — check the review. Funded Squad — check the review. Always verify the latest policy directly with the firm.
News trading: FundingPips — check the review. Funded Squad — check the review.
Read the full FundingPips review → · Read the full Funded Squad review →
Based on our scoring methodology, FundingPips edges ahead in this comparison. However, the best choice depends on your trading style, preferred platform and account size. Read the full breakdown above for a detailed verdict.
FundingPips offers 80% → 90% profit split, while Funded Squad offers 100% (most programs) profit split. Check each firm's current terms as these can change.
Check our offers page for the latest verified deals on both firms.
FundingPips processes first payouts in 5 day(s), while Funded Squad takes approximately a variable timeframe. Always verify current payout timelines on the firm's website.
Neither FundingPips nor Funded Squad are regulated in the traditional financial sense — prop firms operate as private companies providing traders access to simulated or real capital. Always read the terms and conditions carefully before participating in any prop challenge.
