Welcome to our comparison between FundingPips and The Trading Pit, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the three-step evaluations that both offer to traders from all across the globe.
Company Details
| Company Details | FundingPips | The Trading Pit |
|---|---|---|
| Incorporation Date | January 2022 | June 2023 |
| CEO | Michael Tan | Barry James |
| Office Location | Singapore | UK |
| Scaling Plan | ✅ | ✅ |
FundingPips and The Trading Pit are two reputable proprietary trading firms offering multiple evaluation programs to traders worldwide. FundingPips was incorporated in January 2022 and is managed by CEO Michael Tan with offices in Singapore. The Trading Pit, on the other hand, was incorporated in June 2023, managed by CEO Barry James, and has its main office in the UK. Both firms provide scaling plans for successful traders.
Funding Program Options
| Funding Program Options | FundingPips | The Trading Pit |
|---|---|---|
| One-step Evaluation | ✅ | ❌ |
| Two-step Evaluation | ✅ | ✅ |
| Three-step Evaluation | ✅ | ✅ |
| Instant Funding | ✅ | ✅ |
FundingPips provides traders with a choice between one-step, two-step, three-step, and instant funding programs. The Trading Pit offers two-step, three-step, and instant funding programs tailored for various trading levels.
Three-step Comparison
| Trading Rules / Objectives | FundingPips Standard | FundingPips Pro | Trading Pit Prime |
|---|---|---|---|
| Profit Target (Phase 1) | 6% | 4% | 6% |
| Profit Target (Phase 2) | 4% | 4% | 6% |
| Profit Target (Phase 3) | 4% | 4% | 6% |
| Maximum Daily Loss | 4% | 4% | No Daily Drawdown |
| Maximum Loss | 8% | 6% | 5% |
| Minimum Trading Days | No Minimum | No Minimum | No Minimum |
| Maximum Trading Period | Unlimited | Unlimited | Unlimited |
| Leverage | 1:50 | 1:50 | 1:10 |
| Profit Split | 80% | 80% | 50% up to 100% |
FundingPips offers both Standard and Pro tracks for their three-step evaluations, while The Trading Pit offers the Prime program. Each program differs slightly in leverage, profit targets, and maximum loss rules.
Account Size & Costs
| Account Size | FundingPips Standard | FundingPips Pro | Trading Pit Prime |
|---|---|---|---|
| $10,000 | $59 | $57 | ❌ |
| $25,000 | $138 | $132 | ❌ |
| $50,000 | $208 | $198 | ❌ |
| $100,000 | $358 | $341 | $95 (+ $205 After Passing) |
| $200,000 | $598 | $569 | ❌ |
| $250,000 | ❌ | ❌ | $225 (+ $350 After Passing) |
| $400,000 | $1,188 | $1,129 | ❌ |
FundingPips provides a wide range of account sizes across their Standard and Pro programs, while The Trading Pit’s Prime program focuses on higher-tier accounts with post-passing fees for scaling.
Brokers & Trading Platforms
| Feature | FundingPips | The Trading Pit |
|---|---|---|
| Broker | Tier-1 Liquidity Providers | Multiple brokers via DMA |
| Trading Platform | MetaTrader 4, MetaTrader 5, cTrader | MetaTrader 5 |
Both firms support MetaTrader platforms, with FundingPips additionally offering cTrader. The Trading Pit provides access through multiple brokers with Direct Market Access.
Trading Instruments
| Trading Instrument | FundingPips | The Trading Pit |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Cryptocurrencies | ✅ | ✅ |
Both firms offer a wide variety of trading instruments including Forex, Commodities, Indices, and Cryptocurrencies.
Community Feedback
| Trustpilot Statistics | FundingPips | The Trading Pit |
|---|---|---|
| Rating | 4.4/5 | 4.6/5 |
| Number of Reviews | 1,120 | 430 |
| 5-Star Ratings | 87% | 90% |
FundingPips has an excellent rating of 4.4/5 from 1,120 reviews, while The Trading Pit is rated 4.6/5 from 430 reviews.
Conclusion
In conclusion, FundingPips and The Trading Pit are both strong contenders in the proprietary trading space.
- FundingPips is suitable for traders who want multiple evaluation tracks, flexible account sizes, and both Standard and Pro options.
- The Trading Pit is ideal for traders looking for a more focused Prime program with customizable post-passing scaling plans.
Both firms offer three-step evaluations, two-step evaluations, and instant funding options, catering to a wide range of trader profiles.
This concludes our comparison between FundingPips and The Trading Pit.
Our comparison between FundingPips and The Trading Pit was last updated on 19.10.2025 at 12:40 (IST).
