FundingPips spread statistics and trading costs.

FundingPips launched in 2022 and competes on price. Its marketing leans on cheap evaluations and a 100 percent profit split ceiling, and most of what ranks for its name repeats that marketing in one direction or the other. This profile takes the measured route: PropSpread samples FundingPips' feed continuously and converts every quote into the estimated cost per traded lot, commission included, which is the number that decides whether cheap entry pricing stays cheap once you trade on it.

PropSpread summary

On the board FundingPips is tracked like every other firm: continuous bid and ask sampling, dollars per one-lot round turn with the configured commission, ranked over a rolling window. Reputation and marketing have no input. The data-source label on every module discloses whether the feed currently carries demonstration or live account data.

FundingPips4.5

Board commission model: FX $5.00 / lot, indices $0.00 / lot round turn, pending verification against current published terms. Platform: MT5.

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PropSpread Score

The PropSpread Score weighs community standing, trading costs, execution, rules and transparency, payouts, support and technology into a 0 to 100 rating computed by the same engine for every firm. It is independent of any commercial relationship, and the methodology page discloses which inputs are verified.

FundingPipsHow the score is computedScore loads with the application.

Engine-computed from the published, versioned methodology; input coverage and verification status are disclosed on the methodology page. Commercial relationships never affect scores.

Measured spreads

Current spread and session average per instrument, next to the Average Prop Firm composite, the median of the named competitor feeds we sample. For a firm that competes on price this table is the test that matters: entry fees are paid once, spreads are paid on every trade.

Source: PropSpread market monitoring. The Average Prop Firm composite is a computed median of sampled competitor feeds, not a real account. Full sampling, normalization and ranking rules are on the methodology page.

Trading costs

FundingPips' published schedule for the 2 Step Standard model, the account class PropSpread samples, charges 5.00 US dollars per lot round turn on forex and the same flat 5.00 on metals, and nothing on index CFDs. The Zero model charges 7.00 and the MT5 swap-free add-on 10.00, so the model choice moves the commission before any spread is quoted. These figures were read from FundingPips' own help-center schedule during the 2026-08-08 commission audit. The example below applies the modelled schedule to the current sampled spread.

The flat metals commission is worth a second look if you trade gold: a flat 5 dollars per lot compares differently against percentage-of-notional schedules depending on where the gold price sits, so the cheapest gold desk on paper changes with the metal itself. The cost table above does that arithmetic live.

Evaluation and account structure

FundingPips runs several routes to funding: the flagship two-step evaluation, a one-step Flex route and the Zero model, on published account sizes from 5,000 to 200,000 dollars. The published payout ceiling reaches 100 percent, and payout cadence depends on the model, from weekly and bi-weekly cycles to on-demand and monthly, with daily payouts on the Prime account. The Prime scaling ladder adds 10 percent to the account size per completed level up to a 2 million dollar ceiling per account. That is the firm's published record as checked on August 20, 2026; the facts section on this page renders it with its checked date.

The published record here is thinner than for some rivals, and this page treats that as information rather than filling the gap: no challenge-fee ladder is recorded, and the payout terms are expressed per model rather than as one number. Where a fact is not recorded, the facts section says "Not provided" instead of guessing.

• Published rules recorded: high-frequency trading and hedging are recorded as not allowed; overnight holding is allowed. Rules not in the record are neither confirmed nor denied here.
• Registered in the Comoros Union under an International Brokerage and Clearing House licence; the firm itself states its services are simulated trading programs, not brokerage.
• Multiple models mean the rulebook that applies to you is the one for your model, not the homepage summary.

Where FundingPips is strong

• Price-first positioning that keeps pressure on the established firms, with entry pricing marketed below the incumbents.
• A published 100 percent profit split ceiling and payout cadences down to daily on the Prime account.
• Model breadth: one-step, two-step and Zero routes cover different risk appetites without changing firm.

Trade-offs to weigh

• A short operational history: founded 2022, with fewer market cycles behind its payout process than the oldest firms here.
• The recorded rule set is on the restrictive side for some styles: no hedging and no high-frequency trading are recorded, so check your strategy against the current rulebook before paying.
• A thinner published record: challenge pricing is not recorded here, so the true all-in cost of an attempt takes more of your own verification than it does for firms that publish a fee ladder.
• The account you trade is a simulated environment operated by the firm; our data measures that environment honestly, but it is not an interbank feed.

Who it may suit

Cost-driven traders whose style fits inside the recorded rules, and traders who value payout flexibility over a long institutional track record. If your strategy needs hedging or very high frequency, the recorded rule set argues against it regardless of price. As always, the decision should start from the measured cost table at the hours you actually trade.

Alternatives and comparisons

The FTMO head-to-head is the classic price-versus-track-record decision, and the FundedNext comparison sets the two 2022 challengers against each other on measured data. The instrument rankings show who prices each market tightest right now.

How this data is made

Spread figures are indicative snapshots sampled from connected feeds, ranked over a rolling window so no single tick decides a leader. Costs add each firm's round-turn commission at the stated lot size. Commission schedules for FTMO, FundingPips and FundedNext are read from each firm's own published terms and were last checked on 2026-08-08. Institutional Funding carries a placeholder schedule that no published source confirms. Schedules vary by account type and product, so confirm the terms of the account you would actually trade. Figures are not tradable quotes, fills vary by account and session, and the data-source label on every module tells you whether you are looking at demonstration or live account data.

Source: PropSpread market monitoring. Full sampling, normalization and ranking rules are on the methodology page.