The short answer
FundingPips vs FTMO, side by side
| Feature |  FundingPips |  FTMO |
|---|---|---|
| Founded | 2022 — newer, but grown into one of the largest firms | 2015 — the longest, most documented track record |
| Evaluation model | 1-Step, 2-Step, 2-Step Pro, or Zero instant funding | Two-step: FTMO Challenge then Verification |
| Entry price | Among the cheapest — a 2-Step Pro starts around $29 | One-time challenge fee per size, refunded on first payout |
| Profit split | Up to 100% (most challenges ~90%, Zero ~95%) | Up to 90% on a funded FTMO Account |
| Payout speed | Typically within ~24 hours, bank or USDC | Reliable on a published schedule (not 24-hour) |
| Instant funding | Yes — the Zero program skips the challenge | No — you must pass the two-step evaluation |
| Platforms | MT5, cTrader, Match-Trader, TradeLocker | MetaTrader 4, MetaTrader 5, cTrader, DXtrade |
| Reputation | ~4.5 Trustpilot across 32,000+ reviews, $260M+ paid (firm-reported) | The benchmark name; longest documented payout history |
| US clients accepted | No — CFD products are not available to US retail | No — FTMO does not accept US-based clients |
| Best for | Value, fast payouts, a high split and an instant-funding option | Traders who want the single most proven, flexible all-rounder |
Price, evaluation and instant funding
On cost, FundingPips is among the cheapest quality firms — a 2-Step Pro challenge starts around $29, with 1-Step, 2-Step and Zero instant-funding routes from $5K to $200K. FTMO charges a one-time challenge fee per account size, but it is refunded on your first payout, so a passed FTMO account is very good value too.
The structural difference is the route in. FTMO offers a single, consistent two-step path (Challenge then Verification). FundingPips gives you four ways in, including a true instant-funding program for confident traders who want to skip the evaluation entirely — something FTMO does not offer.
Profit split, payouts and reputation
FundingPips edges the headline numbers: splits run up to 100% (versus FTMO’s up-to-90%), and payouts are fast, typically processed within 24 hours by bank transfer or USDC. Its review base is enormous — ~4.5 on 32,000+ Trustpilot reviews — and it reports $260M+ distributed since 2022.
FTMO’s advantage is proven longevity. As the firm that effectively defined the modern prop model (since 2015), it has the longest documented payout history in the space. We have not tested either firm’s payouts ourselves, so we report these as the public record — but on track-record depth, FTMO is still the reference point.
Platforms, and who each suits
Platform choice slightly favours FTMO: MT4, MT5, cTrader and DXtrade versus FundingPips’ MT5, cTrader, Match-Trader and TradeLocker. If you specifically need MetaTrader 4, FTMO is your firm; otherwise both cover the mainstream forex/CFD stack.
Pick FundingPips if you want the best value, the fastest payouts, a 100% split or an instant-funding option. Pick FTMO if you want the most proven all-rounder, MT4 support, or a refunded fee. Both restrict US retail clients on CFDs — US traders should look at a futures firm instead.