Side-by-side: drawdown, payouts, pricing, platforms. Topstep uses Intraday trailing, FundingPips uses Static — these are different beasts.
| Dimension | Topstep | FundingPips |
|---|---|---|
| Drawdown mechanic | Intraday trailing | Static |
| Cheapest eval | $49 | $29 |
| Profit split | 90% | Up to 95% |
| Payout frequency | Next Trading Day | Weekly |
| Max funding | $150,000 | $2,000,000 |
| Max payout | $150,000 | — |
| Assets | Futures | Forex, Metals, Indices, Energies, Crypto |
| Platforms | TopstepX, NinjaTrader, Tradovate | MT5, cTrader, Match-Trader, TradeLocker |
| Payout methods | Wise, Wire / SWIFT, ACH, Aeropay | Bank wire, Visa Direct, Mastercard, Crypto, Riseworks |
| Promo code | — | VIBES (20% off) |
| Paul-tested | Research-based | Yes |
Topstep uses Intraday trailing while FundingPips uses Static. Your risk approach needs to adjust when switching.
MLL tracks intraday equity-high tick by tick. Spike up = floor raised instantly.
Fixed-dollar MLL — never moves. Simplest mechanic.
Topstep offers 4 plans. FundingPips offers 11 plans.
Topstep's cheapest evaluation is $49. FundingPips's cheapest is $29. FundingPips wins on entry price marginally.
Topstep uses Intraday trailing. FundingPips uses Static. These are fundamentally different — your risk model needs to change when switching between them.
Topstep: 90%. FundingPips: Up to 95%.
Topstep is research-based on this site — Paul has not yet completed a full evaluation cycle there. FundingPips also Paul-tested with documented payouts.
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.
Topstep payout cadence: Next Trading Day. FundingPips: Weekly. Method matters too — Wise and Plaid typically beat ACH and wire by 1-2 days.
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.
Drawdown mechanic comes first. Both firms run trailing mechanics — winners decide on entry price and payout speed. After mechanic, evaluate payout speed and your strategy's drawdown profile.
