If you’re deciding between FundingPips and FXIFY, here’s what you need to know:
- FundingPips is ideal for traders seeking flexibility and less pressure. They offer multiple challenge formats, including a one-step option and even instant funding with no minimum trading days. Their unlimited timeframes and lower minimum trading days make the process more relaxed.
- FXIFY caters to experienced traders with a standardized two-phase challenge. They emphasize consistency and offer higher account scaling (up to $4 million) and customizable features like profit splits and leverage.
Key Differences:
- FundingPips: Flexible challenges, unlimited timeframes, and no minimum trading days for instant funding.
- FXIFY: Structured challenges with higher scaling potential and customizable add-ons.
Both firms offer up to 90% profit splits, but your choice depends on your trading style and goals. FundingPips suits those who prefer a less demanding process, while FXIFY is better for seasoned traders aiming for larger accounts and higher payouts.
FXIFY vs Funding Pips – Which One Is Better?
Challenge Structure and Rules
The journey to securing a funded trading account looks different with FundingPips and FXIFY, as each firm has its own evaluation process. Knowing these distinctions can help traders decide which approach aligns better with their trading style and timeline.
Challenge Steps Required
FundingPips provides multiple pathways to funding, giving traders flexibility in how they tackle the evaluation process. Their One-Step Challenge allows traders to jump straight to a funded account after completing just one evaluation. For those who prefer a step-by-step approach, they offer Two-Step and Pro 2-Step challenges, breaking the process into smaller, more manageable stages. Additionally, their Instant Funding option is designed for experienced traders, with no minimum trading days required.
FXIFY, on the other hand, employs a standardized Two-Phase Classic challenge structure. This process requires traders to pass through two distinct evaluation phases before earning access to a funded account. This approach focuses on assessing trading consistency in different market scenarios.
In short, FundingPips provides a variety of challenge formats to suit diverse preferences, while FXIFY sticks to a uniform two-phase system aimed at maintaining consistency.
Key Challenge Requirements Compared
| Requirement | FundingPips | FXIFY |
|---|---|---|
| Challenge Types | One-Step, Two-Step, Pro 2-Step, Instant Funding | Two-Phase Classic |
| Maximum Time Limit | Unlimited for all challenges | Unlimited for all phases |
| Minimum Trading Days | 3 days (0 days for Instant Funding) | 4 days (Classic), 5 days per phase (Two-Step) |
| Evaluation Phases | 1-2 phases depending on the challenge type | 2 phases required |
Both firms remove the stress of strict deadlines, offering unlimited time for completing their challenges.
However, the minimum trading day requirements differ. FundingPips generally requires only three trading days (or none for Instant Funding), while FXIFY has slightly longer minimums – four days for the Classic challenge and five days per phase in the Two-Step format. As a result, FundingPips often provides a quicker path to funding, while FXIFY emphasizes sustained performance over time.
The evaluation styles also reflect these goals. FundingPips’ One-Step Challenge is ideal for confident traders ready to showcase their skills in a single phase, speeding up their path to funding. In contrast, FXIFY’s two-phase structure is designed for traders who value demonstrating consistent performance through multiple stages.
Next, we’ll dive into the platforms and markets available to better understand how these challenge frameworks operate.
Trading Platforms and Available Markets
The choice of trading platforms and accessible instruments plays a key role in how traders perform during challenges. Both FundingPips and FXIFY offer multiple platform options, but they cater to traders in distinct ways.
Supported Platforms and Brokers
FundingPips supports platforms like MT5, Match-Trader, cTrader, and TradeLocker, all available on desktop, web, and mobile devices. Among these, cTrader stands out with its advanced algorithmic trading capabilities and cAlgo integration, while TradeLocker incorporates TradingView for a more user-friendly interface.
FXIFY, on the other hand, provides access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), DXTrade, and TradingView. On September 26, 2025, FXIFY expanded its offerings by launching "TradingView – Powered by Alchemy Markets", a move that marks a notable partnership with Alchemy Markets. This collaboration enhances FXIFY’s platform ecosystem, giving traders more flexibility.
When it comes to brokers, FundingPips has worked with reputable liquidity providers, including a previous partnership with Blackbull Markets. FXIFY, emphasizing its "Broker-Backed, Built to Last" motto, recently highlighted its TradingView partnership with Alchemy Markets. These broker relationships and platform options shape each firm’s market accessibility and trading conditions.
Markets and Trading Restrictions
FXIFY provides a broad range of markets, including Forex, stocks, commodities, cryptocurrencies, indices, precious metals, and futures through FXIFY Futures. However, U.S.-based traders face a unique limitation – they must use the DX platform instead of MetaTrader due to restrictions imposed by MetaQuotes.
FundingPips, meanwhile, lists the United States as one of its top regions for payouts, which suggests significant participation from U.S. traders. However, their promotional materials do not clearly specify the full range of markets and instruments they support.
In terms of leverage, FundingPips offers a fixed 1:100 leverage and boasts 0ms trading speeds. FXIFY allows traders to customize leverage, with default settings of 30:1 for Forex, 10:1 for indices and commodities, and 2:1 for stocks and cryptocurrencies. Additional leverage options are available, though FXIFY does not provide specific details about execution speeds.
When it comes to costs, FundingPips charges a $2 per lot commission and offers competitive spreads – starting at 0.1 pips for major pairs, 0.3 for minors, and 1.0 for exotic currencies. FXIFY, by contrast, offers commission-free trading on many products or a raw spread model with a $6 round-turn commission. However, FXIFY’s spread information is less transparent.
For U.S. traders, it’s essential to remember that standard Forex regulations still apply, regardless of the prop firm selected. These rules include leverage restrictions, hedging limitations, and FIFO (First In, First Out) position management, which differ from international trading standards.
Costs and Trader Benefits
When choosing a prop trading firm, understanding the costs and benefits is key. These factors not only determine how accessible the challenges are but also shape the overall trader experience. Here’s a closer look at what FXIFY and FundingPips bring to the table.
Account Options and Fee Structure
FXIFY offers an impressive range of challenge types, including Instant Funding, One-Phase, Two-Phase, Three-Phase, and Lightning options. Account sizes vary from $1,000 to $400,000, giving traders plenty of flexibility to match their experience level and risk tolerance. They also run promotions like 25% off all programs and 40% off One-Phase Challenges, with an added 15% discount available through the promo code "PROPFIRMS15" [1].
When it comes to profit sharing, FXIFY starts traders at 80%, with the option to boost this to 90% by purchasing add-ons [1]. Their payout system is just as flexible, offering "On-Demand Payouts" with no minimum trading days or targets required after passing their evaluation programs [1].
On the other hand, FundingPips simplifies things with three evaluation types: one-step, two-step, and three-step challenges. While they don’t offer as many variations as FXIFY, they cover the core structures most traders look for. Their profit split also ranges from 80% to 90%, and they provide discount codes to reduce costs.
One standout feature of FundingPips is their unlimited trading periods during evaluations. Without time limits or minimum trading days, traders can focus on making thoughtful decisions rather than rushing to meet deadlines. This structure can be a game-changer for those who value a relaxed trading environment.
Trader Reviews and Difficulty Ratings
Trader feedback provides valuable insights into how these firms operate. FXIFY receives praise for its wide variety of challenges, which cater to different trading styles. Many traders also highlight their scaling opportunities – FXIFY allows account growth up to $4 million by increasing account sizes by 25% every three months for successful traders. However, it’s worth noting that Instant Funding and Lightning Challenges are excluded from this scaling plan.
FundingPips also offers scaling options, but details about their plans are less transparent compared to FXIFY’s structured approach. Still, their unlimited trading periods and absence of minimum trading day requirements are frequently mentioned as major advantages in trader reviews.
Quick Comparison: Key Differences
Here’s a side-by-side look at how FXIFY and FundingPips stack up:
| Feature | FXIFY | FundingPips |
|---|---|---|
| Challenge Types | 5 options (Instant, One-Phase, Two-Phase, Three-Phase, Lightning) | 3 options (One-step, Two-step, Three-step) |
| Account Sizes | $1,000 – $400,000 | Various sizes available |
| Profit Split | 80% default, 90% with add-on | 80% – 90% |
| Scaling Plan | Up to $4M, 25% increases every 3 months | Available but details unclear |
| Time Limits | Varies by challenge type | Unlimited |
| Minimum Trading Days | Varies by program | None |
| Payout Options | On-demand, bi-weekly add-on available | Standard structure |
| Current Promotions | 25% off + 2 free add-ons, 40% off One-Phase | Various discount codes |
FXIFY stands out for its customizable options. Traders can purchase add-ons to adjust leverage, improve profit splits, or tweak payout schedules, giving them more control over their trading experience. This level of flexibility is ideal for traders with specific goals or preferences.
Meanwhile, FundingPips caters to traders who prefer less pressure. Their unlimited trading periods and no minimum trading day requirements create a stress-free environment, allowing traders to focus on developing consistent strategies.
Both firms offer competitive profit splits between 80% and 90%, but FXIFY’s transparent add-on system makes it easier for traders to see how they can maximize their earnings. When it comes to scaling, FXIFY provides clear pathways for long-term growth, while FundingPips could benefit from offering more detailed information about their plans.
Using QuantVPS for Prop Trading Challenges
When tackling prop firm challenges, it’s not just your trading skills that are put to the test – your technology plays a huge role too. With tight profit targets and strict drawdown limits, even the smallest delay can make or break your performance. That’s why having a high-performance VPS (Virtual Private Server) is a game-changer for serious prop traders.
Why Prop Traders Rely on VPS Hosting
Trading with someone else’s capital comes with high stakes, and reliability is non-negotiable. VPS hosting ensures your trading platform stays online 24/7, regardless of local internet outages or computer issues. By operating on dedicated server resources, VPS hosting provides ultra-low latency, which means faster trade execution. This speed can be the difference between hitting your target price or missing a critical market move. Plus, the smooth execution reduces stress during those high-pressure moments.
QuantVPS Plans and Pricing
QuantVPS provides hosting solutions specifically tailored for forex and futures traders, offering ultra-low latency (0–1ms) and a 100% uptime guarantee. These features directly address the performance and reliability needs of prop traders.
Their platform supports major trading software like MetaTrader 4, MetaTrader 5, and TradeStation, ensuring you can integrate it with your existing setup without any hassle.
Here’s a breakdown of their plans:
- VPS Pro: Priced at $99.99/month (or $69.99/month when billed annually), this plan provides 6 cores, 16GB RAM, and 150GB NVMe storage. It’s ideal for handling 3–5 trading charts and supports up to 2 monitors, making it a balanced option for cost and performance.
- VPS Lite: At $59.99/month (or $41.99/month annually), this budget-friendly plan includes 4 cores and 8GB RAM. While it doesn’t support multiple monitors, it’s perfect for managing 1–2 charts and executing simpler trading strategies. You still get the same ultra-low latency and uptime guarantees.
- VPS Ultra: Designed for traders with larger accounts or complex setups, this plan costs $189.99/month (or $132.99/month annually). With 24 cores, 64GB RAM, and support for up to 4 monitors, it’s built to handle multiple strategies and high-demand environments.
All plans come with key features like DDoS protection, automatic backups, and global accessibility, ensuring your trading environment remains secure and available from anywhere. The pre-installed Windows Server 2022 eliminates setup headaches, so you can start trading right away. Plus, the 1Gbps+ network connection with unmetered bandwidth ensures your data feeds stay current and orders execute without delays.
When you consider the potential losses from failing a prop challenge due to technical hiccups, investing in reliable VPS hosting like QuantVPS becomes an easy decision.
Final Verdict: Which Firm Has Easier Challenges
Deciding between FundingPips and FXIFY ultimately comes down to your trading experience and personal style. FundingPips leans toward accommodating newer traders, offering lower profit targets, more lenient drawdown rules, and flexible timeframes. On the other hand, FXIFY presents a steeper challenge with higher profit goals and stricter drawdown limits, making it a better fit for seasoned traders who thrive under pressure and have polished risk management skills.
Here’s a breakdown to help you decide which firm might suit you better:
FundingPips might be the right choice if you:
- Are new to trading and want to test live market conditions
- Prefer a steady, patient approach to trading
- Are just starting with prop firm challenges
- Want to trade smaller position sizes while gaining experience
FXIFY could be a better fit if you:
- Have significant trading experience and can handle ambitious profit targets
- Feel confident managing risk in tighter conditions
- Are aiming for higher payouts despite tougher requirements
- Already understand the ins and outs of prop trading challenges
Your decision should align with your trading style and skill level. Matching the challenge structure to your expertise is key to boosting your chances of success while maintaining a consistent and reliable approach.
FAQs
How do the challenge structures of FundingPips and FXIFY differ?
FundingPips and FXIFY cater to traders with distinct preferences by offering a variety of challenge structures. FundingPips stands out by providing a wide range of evaluation options – one-step, two-step, three-step, and even instant funding programs. This variety lets traders choose a path that aligns with their experience and goals. FXIFY, meanwhile, focuses on traditional evaluation programs, instant funding, and its unique Lightning Challenge, which is designed with specific rules and faster timelines for those who prefer a quicker approach.
In terms of trading platforms, each firm supports different tools to suit diverse trading styles. FundingPips offers access to MatchTrader, cTrader, and Trade Locker, while FXIFY supports DXTrade, MT4, and MT5. These options ensure traders can work with platforms they are most comfortable using.
Both firms also implement consistency rules in some of their programs. For example, in the "FundingPips Zero" program, FundingPips limits the largest winning day to no more than 15% of total profits. FXIFY’s Lightning Challenge includes a 30% consistency rule, adding another layer of structure to its offering.
With differences in evaluation methods, platform options, and trading rules, traders need to carefully evaluate which firm’s approach matches their trading style and objectives.
What are the differences in trading platforms and market access between FundingPips and FXIFY?
FundingPips and FXIFY both support popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are packed with tools for analysis and trade execution. While both firms provide these platforms, the range of markets, instruments, and trading conditions they offer can differ.
When deciding between the two, think about your trading style and the markets you want to focus on. Do they provide access to forex pairs, indices, commodities, or cryptocurrencies? Are there any restrictions or rules that could affect your strategy? Taking the time to understand these specifics will help you choose the firm that aligns best with your trading objectives.
How can traders decide between FundingPips and FXIFY based on their trading style and goals?
When choosing between FundingPips and FXIFY, it’s important to weigh your trading style, level of experience, and funding goals. FundingPips caters to a range of traders with its flexible evaluation programs, offering one-step, two-step, and instant funding options. Meanwhile, FXIFY stands out with funding accounts as large as $400,000 and features like the Lightning Challenge, which includes a 30% consistency rule.
Another key factor is the trading platforms and payout structures. FundingPips supports platforms such as cTrader, MT5, and Match Trader, while FXIFY offers DXtrade, MT4, and MT5. When it comes to payouts, FundingPips provides options for weekly, bi-weekly, or monthly payouts, whereas FXIFY allows traders to request their first payout on demand. These differences can help you determine which firm aligns better with your trading strategy and financial goals.
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