Home Compare FundingPips vs TradeDay
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FundingPips
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⚔ Head-to-Head Updated 2026-05-22 · Both firms reviewed by Paul

FundingPips vs TradeDay (2026)

Side-by-side: drawdown, payouts, pricing, platforms. FundingPips uses Static, TradeDay uses EOD-trailing + lock — these are different beasts.

Quick verdict
Entry price
FundingPips
Drawdown protection
TradeDay
Paul-tested
Both
Profit split
Toss-up
Plans on offer
FundingPips

Side-by-Side Specs

Dimension FundingPips TradeDay
Drawdown mechanicStaticEOD-trailing + lock
Cheapest eval$29$69
Profit splitUp to 95%95%
Payout frequencyWeeklyDaily
Max funding$2,000,000$900,000
Max payoutUnlimited
AssetsForex, Metals, Indices, Energies, CryptoFutures
PlatformsMT5, cTrader, Match-Trader, TradeLockerNinjatrader, ProjectX, Tradingview, Tradovate
Payout methodsBank wire, Visa Direct, Mastercard, Crypto, RiseworksCrypto, Credit Card
Promo codeVIBES (20% off)VIBES (40% off)
Paul-testedYesYes

Drawdown — The Single Most Important Difference

FundingPips uses Static while TradeDay uses EOD-trailing + lock. Your risk approach needs to adjust when switching.

FundingPips

Static

Fixed-dollar MLL below starting balance. Never moves. Simplest mental model.

TradeDay

EOD-trailing + lock

MLL trails up at end-of-day until it reaches starting balance, then locks. Intraday drops don't reset.

Account Plans Compared

FundingPips offers 11 plans. TradeDay offers 4 plans.

FundingPips plans

  • 2-Step Standard $5K
    Starting $5,000 · $36
  • 2-Step Standard $10K
    Starting $10,000 · $66
  • 2-Step Standard $25K
    Starting $25,000 · $156
  • 2-Step Standard $50K
    Starting $50,000 · $289
  • 2-Step Standard $100K
    Starting $100,000 · $529
  • 2-Step Pro $5K
    Starting $5,000 · $29

TradeDay plans

  • EOD $50K
    Starting $50,000 · $135 · 8d cycle
  • EOD $100K
    Starting $100,000 · $215 · 8d cycle
  • Static $50K
    Starting $50,000 · $165 · 8d cycle
  • Intraday $50K
    Starting $50,000 · $99 · 8d cycle

Who Fits Which Firm

→ Pick FundingPips if

  • You want a Static mechanic
  • Entry price matters — $29 beats $69
  • You value firms personally tested with documented payouts
  • Your strategy fits this firm's drawdown profile

→ Pick TradeDay if

  • You want a EOD-trailing + lock mechanic
  • You trade Futures — broader asset coverage
  • You want to diversify firm-risk alongside FundingPips

FAQ — FundingPips vs TradeDay

Is FundingPips or TradeDay cheaper to start?

FundingPips's cheapest evaluation is $29. TradeDay's cheapest is $69. FundingPips wins on entry price marginally.

What's the drawdown difference between FundingPips and TradeDay?

FundingPips uses Static. TradeDay uses EOD-trailing + lock. These are fundamentally different — your risk model needs to change when switching between them.

Which firm has the better profit split?

FundingPips: Up to 95%. TradeDay: 95%.

Has Paul personally tested both firms?

Yes for FundingPips — documented payouts on the main review page. TradeDay also Paul-tested with documented payouts.

Can I run both FundingPips and TradeDay accounts simultaneously?

Yes. Different prop firms have no shared compliance — running them in parallel is the standard playbook for funded traders looking to diversify firm-risk. Track each firm's rule changes independently.

Which firm pays out faster?

FundingPips payout cadence: Weekly. TradeDay: Daily. Method matters too — Wise and Plaid typically beat ACH and wire by 1-2 days.

Are there overlap restrictions if I trade both?

No cross-firm compliance overlap. Each firm 1099s independently for US residents. Cross-firm copy-trading rules only matter inside a single firm's account family.

If I had to pick one, what's the deciding factor?

Drawdown mechanic comes first. TradeDay offers lock-protection on first profits — favors traders who scale slow. After mechanic, evaluate payout speed and your strategy's drawdown profile.