Funding Pips vs Smart Trader Funds
Two prop firms compared on funding, profit splits, challenge rules, and payouts.
Last updated: March 21, 2026
Quick Verdict
Funding Pips wins this comparison — 4 out of 4 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. Funding Pips came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Pricing
Funding Pips winsOn pricing, Smart Trader Funds offers better value. Its challenge fee starts at N/A, which is lower than Funding Pips's From $29. For traders watching their costs, Smart Trader Funds represents a more affordable path to funded trading.
Funding Pips$59 (5k account)
Smart Trader Funds$99 (10k account)Drawdown Rules
Funding Pips applies more lenient drawdown rules, giving traders more room to manage losing periods. Its daily drawdown limit is 3-5% (varies by programme) and maximum drawdown is 6-10% (varies by programme). By contrast, Smart Trader Funds enforces a N/A daily limit and N/A max, which is stricter and can lead to more failed challenges.
Funding Pips8% (trailing) or 10% (static)Smart Trader Funds6-10% (varies by programme)Trading Platforms
Funding Pips winsFunding Pips supports more trading platforms, giving traders greater choice in how they execute their strategy. It offers MT5, cTrader, Match Trader, TradeLocker, while Smart Trader Funds offers standard platform access.
Funding PipsSmart Trader FundsReputation & Trust
Funding Pips winsFunding Pips has built a stronger reputation among funded traders. With an EntryLab rating of 4.50/10, it outperforms Smart Trader Funds, which scores 4.20/10 on our platform. Reputation matters especially in the prop trading space where payout reliability is paramount.
Funding Pips4.50Smart Trader Funds4.20Scaling & Max Funding
Funding Pips offers higher maximum funding, making it the better choice for traders looking to scale up. Funded accounts can reach $2,000,000, compared to Smart Trader Funds's maximum of N/A. For serious traders focused on growing their account size, Funding Pips has the edge.
Funding Pips$300,000Smart Trader Funds$300,000Profit Split & Payouts
Funding Pips offers a superior profit-sharing arrangement. Traders keep up to 60-100% of profits, with payouts Weekly (Tuesdays). Smart Trader Funds offers N/A with standard payouts, which is less favourable for traders maximising their earnings.
Funding PipsUp to 90%Smart Trader Funds70% (Fast Track), 80-90% (Regular/Pro)Challenge Structure
Funding Pips winsFunding Pips provides more flexibility in how traders can get funded. It offers {"1-Step Challenge","Classic 2-Step","Pro 2-Step","Instant Funding"}, compared to Smart Trader Funds's standard evaluation. With a profit target of 10% (1-Step), 8% + 5% (2-Step), Funding Pips also sets a more achievable bar for traders looking to pass their evaluation.
Funding PipsSmart Trader FundsOur Pick
Funding Pips Wins This Round
Based on our side-by-side analysis, Funding Pips edges ahead in this matchup. Get started today.
Read Funding Pips ReviewReady to Choose?
Frequently Asked Questions
Is Funding Pips better than Smart Trader Funds?
Based on our analysis across 7 categories, Funding Pips wins overall. It outperforms Smart Trader Funds in areas including Challenge Structure and Profit Split & Payouts. That said, both firms are reputable options for funded traders.
Which has better profit split, Funding Pips or Smart Trader Funds?
Funding Pips offers the higher profit split. Funding Pips offers up to 60-100% while Smart Trader Funds offers N/A.
Is Funding Pips trustworthy?
Funding Pips holds an EntryLab rating of 4.50/10 based on our editorial review. We evaluate prop firms on payouts, challenge fairness, support quality, and regulatory standing. Always conduct your own due diligence before funding a challenge.
Which has a cheaper challenge fee, Funding Pips or Smart Trader Funds?
Smart Trader Funds offers the more affordable challenge. Funding Pips starts at From $29 and Smart Trader Funds starts at N/A.
What is the maximum funding at Funding Pips vs Smart Trader Funds?
Funding Pips offers maximum funded accounts of $2,000,000, while Smart Trader Funds offers up to N/A. Both allow traders to scale their accounts over time.
Which is better for beginner traders, Funding Pips or Smart Trader Funds?
Funding Pips may be more beginner-friendly due to its Instant Funding option. Both firms have challenges suitable for traders at different skill levels.