FundingPips vs TradeDay: which prop firm is better in 2026?

How much history each firm has

TradeDay has been running since 2020, 2 years longer than FundingPips. On Trustpilot they sit at 4.5/5 and 4.6/5 respectively. Our trust pillar scores them 81/100 and 85/100, which weighs age, corporate transparency and public payout evidence. In an industry with no financial regulator overseeing these evaluations, longevity and a verifiable payout history are the closest thing to a guarantee.

The price question

FundingPips opens at $29 against $131 for TradeDay, a substantial gap on the smallest account. The headline fee is rarely the real cost, though: what matters is the price of a reset after a failed attempt, whether the fee comes back on the first payout, and whether an activation fee appears when you move to a funded account. Compare those three lines in the table above before deciding on price alone.

How the loss limit behaves

FundingPips applies a static drawdown capped at 6 %, with a 3 % daily limit. TradeDay applies a trailing intraday drawdown. This is the single most consequential difference between the two. A static drawdown is measured once, from the starting balance, and never moves; a trailing drawdown follows your equity upward, so a winning streak raises the floor you can no longer fall below. Intraday trailing is stricter still, because it tracks unrealised peaks reached inside the session — profit you never actually banked can permanently raise your loss threshold.

Getting paid

FundingPips keeps 100 % of profits, allows a first withdrawal after 7 days, then pays Cycle of your choice: weekly (60%), bi-weekly (80%), on demand (90%) or monthly (100%). TradeDay keeps 90 % of profits, allows a first withdrawal after 0 days, then pays On demand from the first day, minimum $250 per withdrawal. Payout frequency deserves as much attention as the split itself: a slightly lower share paid every two weeks compounds faster than a headline percentage locked behind a monthly cycle and a long first-withdrawal delay.

Tooling differences

FundingPips is the only one of the two to offer mt5, ctrader, match-trader. TradeDay covers tradovate, rithmic, ninjatrader, tradingview, which its rival does not. Platform choice is not cosmetic: order execution, available order types and the reliability of your automation all depend on it, and switching mid-evaluation is rarely possible.