FundedNext suits traders who want a full 5% daily loss and flexible payout options: its $100K Stellar 2-Step costs $512 with our code INSIDE, refunds the fee with your first reward and lets you choose standard, fast or on-demand payouts. FundingPips suits traders who want to start trading on day one with no minimum days: its $100K 2-Step Standard costs $522 with code 17B156E8 and pays rewards in 1 to 3 working days.
Both plans share 8% / 5% targets and a 10% static max loss, so the differences are daily loss, minimum days, funded rules and payouts. Both codes are for new customers, so this is a guide for your first challenge.
✓ Fact-checked November 9, 2026: Prices, codes and rules checked against the official site and help centre of FundingPips and FundedNext. How we review prop firms.
- Cheaper: FundedNext, by just $10 ($512 vs $522). FundedNext also refunds the fee with your first reward on qualifying Stellar plans.
- Same targets: 8% ($8,000) in phase 1 and 5% ($5,000) in phase 2 at both, with a 10% ($10,000) static max loss.
- Daily loss: FundedNext gives 5% ($5,000). FundingPips gives 3% with no minimum days, or 5% with 3 minimum days.
- Payouts: FundingPips pays up to 100% on the 2-Step Standard, bi-weekly or on demand, usually within 1 to 3 working days. FundedNext pays 80% as standard, with a fast 60% and an on-demand 90% option.
Side-by-Side Comparison: $100K 2-Step
| Feature | FundingPips | FundedNext |
|---|---|---|
| Plan compared | 2-Step Standard | Stellar 2-Step |
| Price after code | $522 (code 17B156E8, 20% off, first purchase) | $512 (code INSIDE, 7% off, new customers) |
| Regular price | $652 | $550 |
| Profit target | 8% / 5% ($8,000 → $5,000) | 8% / 5% ($8,000 → $5,000) |
| Max loss | 10% Static ($10,000) | 10% Static ($10,000) |
| Daily loss limit | 3% ($3,000) or 5% ($5,000) | 5% ($5,000) |
| Minimum trading days | None (3% daily) or 3 (5% daily) | 5 |
| Consistency rule | None for bi-weekly rewards; 35% score for on-demand payouts | None on standard payouts; 40% if you pick on-demand 90% |
| Profit split | Up to 100% | 80% standard, 60% fast, 90% on demand |
| Payout cycle | Bi-weekly, or on demand | First after 21 days, then every 14 days (or fast / on demand) |
| Fee refund | Not listed | Yes, with first reward (qualifying Stellar plans) |
| News (funded) | No trades 5 min either side of high-impact news | News-window profits paid at 40% |
| FX leverage / commission | 1:100 / $5 per lot | 1:100 / $5 per lot |
| Platforms | MT5, Match Trader, cTrader | MT4, MT5, cTrader, Match Trader |
| Payout methods | Bank Transfer, Crypto, Rise Works, Card Payout | Bank Transfer, Card Payout, Crypto, FN Market Deposit, Rise Works, TC Pay |
Price: A $10 Gap and Two First-Purchase Codes
With code 17B156E8, the FundingPips $100K 2-Step Standard drops from $652 to $522. That’s 20% off, but only on your first FundingPips purchase, so use it on the challenge you actually want.
With code INSIDE, the FundedNext $100K Stellar 2-Step drops from $550 to $512: 7% off at this size for new customers (20% applies to most Stellar plans up to $50K).
A $10 gap won’t decide this. FundedNext refunds the fee with your first reward on qualifying Stellar plans; FundingPips lists no refund for the Standard plan. Cheaper $100K options: FundingPips 2-Step Pro at $373 (6% Static max loss) and FundedNext Stellar Lite at $372 (8% Static).
Rules & Drawdown
Same max loss, same targets. Both use a 10% static max loss: on $100K you fail below $90,000, and that floor never trails up as you profit.
Daily loss is the real gap. FundedNext allows 5% ($5,000) a day. FundingPips’s Standard gives 3% ($3,000) with no minimum days, or 5% with 3. At 1% risk per trade, 3% means three straight losers end your day.
Minimum days. FundedNext needs 5 trading days; FundingPips needs none on the 3% version and 3 on the 5% version, with unlimited time.
Other rules. FundedNext’s Quick Strike rule says trades closed in under 30 seconds must make up less than 30% of profit, and funded accounts follow a 3% risk-at-a-time guideline. FundingPips only allows EAs you built yourself and bans VPNs and VPS; it dropped its striking system and profit concentration rule for new purchases on 5 October 2026, per its trading objectives page.
Payouts
FundedNext’s Stellar 2-Step gives you three payout options: standard 80% (first after 21 days, then every 14 days), fast 60% (every 3 profitable days of 1%+), or on-demand 90% (anytime with 2%+ profit and a 40% consistency rule). The minimum is $20 via USDT or $50 via Rise Works, and a processing fee of up to 3.5% applies to rewards.
FundingPips’s 2-Step Standard pays up to 100% bi-weekly, or on demand with a 35% consistency score and 7 days of 0.5%+ profit. The minimum reward is 1% of the starting balance ($1,000 on $100K), and rewards usually arrive within 1 to 3 working days.
My first prop account was a $5K FundingPips challenge. I took two $150 payouts from it, both paid in crypto, so a small account is a cheap way to test a firm first.
Platforms & Trading Conditions
FundedNext offers MT4, MT5, cTrader, Match Trader, so MT4 users only have that option here. FundingPips offers MT5, Match Trader, cTrader, with cTrader costing $20 extra. Both give 1:100 on FX and charge $5 per lot, with no commission on indices.
Once funded, FundingPips removes profits from trades opened or closed within 5 minutes of high-impact news, while FundedNext pays them at a reduced 40% split. FundingPips’s Master accounts also close trades daily unless you add Swing at checkout (about +10%).
Pros & Cons
FundingPips
- Pro: no minimum days on the 3% version and unlimited time, with a profit split of up to 100%.
- Pro: $522 with 17B156E8 (20% off your first challenge).
- Con: 5% daily loss only with 3 minimum days; 3% otherwise.
- Con: stricter funded news window, daily trade closing without Swing, and own-EA-only rules.
FundedNext
- Pro: 5% daily loss and fee refunded with your first reward.
- Pro: three payout options, up to 90% on demand; MT4 available.
- Con: 5 minimum trading days and a 21-day wait for the first standard payout.
- Con: only 7% off at $100K, Quick Strike rule, and up to 3.5% processing fee on rewards.
Which Should You Choose?
FundedNext — you want the full 5% daily loss without strings, your fee back on the first reward and the choice of fast or on-demand payouts. Not ideal if you want to pass in a couple of days: you need 5 trading days, and your first standard payout comes after 21 days.
FundingPips — you’re buying your first challenge and want no minimum days and quick 1–3 day rewards. Accept the trade-offs: 3% daily loss on that version, no fee refund, and stricter news and overnight rules once funded.
Want more detail? Read our full FundingPips review and FundedNext review, check the FundingPips discount code and FundedNext discount code guides, browse all forex prop firms, see more prop firm comparisons such as FTMO vs FundingPips and FXIFY vs FundedNext (or, for a cheaper $100K 2-step, Maven Trading vs Tradeify FX), or grab every current code on our prop firm discount codes page.
Frequently Asked Questions
Is FundingPips or FundedNext better?
FundedNext is better for a 5% daily loss, a refunded fee and flexible payout options. FundingPips is better for no minimum days and fast 1–3 day rewards. Both use 8% / 5% targets and a 10% static max loss on the $100K 2-Step.
Is FundingPips cheaper than FundedNext?
At $100K, FundedNext is cheaper by $10: $512 vs $522 for FundingPips. FundingPips’s 17B156E8 works on your first purchase only, and FundedNext’s INSIDE gives 7% at $100K for new customers.
Which has the bigger daily loss limit?
FundedNext: 5% ($5,000) on the Stellar 2-Step. FundingPips’s 2-Step Standard gives 3% ($3,000) with no minimum days, or 5% if you accept 3 minimum days.
How often do FundingPips and FundedNext pay out?
FundingPips pays bi-weekly or on demand (up to 100% split), usually within 1 to 3 working days. FundedNext pays 80% on standard payouts, first after 21 days and then every 14 days, with fast (60%) and on-demand (90%) options.
What discount codes work for FundingPips and FundedNext?
17B156E8 gives 20% off your first FundingPips challenge; INSIDE gives 7% off the FundedNext $100K Stellar 2-Step for new customers.
Ready to start your $100K challenge?
Get FundingPips for $522 with 17B156E8 or FundedNext for $512 with INSIDE.
I’ve traded the markets for more than 5 years, and I trade micro index futures (MNQ, MES and MYM) on prop firm accounts. I run InsidePropFirm to help beginners see exactly what they’re buying before they pay for a challenge: the real price after discounts, the rules that fail most traders, and how payouts actually work.
This article is for information and education only and is not financial advice. Trading futures, forex and CFDs carries a high risk of loss. InsidePropFirm may earn a commission when you buy through our links, at no extra cost to you.
