Proprietary trading is a growth business and for that reason. Traders are rushing to prop firms to get money, develop as traders, and make life-altering gains without risking their own capital. Two names that have been popping up in this sphere are Funded Elite and Funding Pips. All firms are famous for a trader-focused approach, but they both offer some diversity in the market. No matter if you are a novice or an experienced trader, understanding what these companies can provide is important for you to make a good decision in relation to your trading career. Let’s break it down.
Funded Elite has quickly gained a reputation for being one of the most trader-friendly prop firms out there. The difference between them is their simplicity of assessment, adaptability of rules, and efforts to support traders. Account sizes are provided to suit a variety of experience levels and budgets so that anyone can begin easily.
Traders can select between the traditional two step account, the one step account, the funded lite account and the instant funding account.
Here’s a quick look at the traditional 2 step account options and pricing:
25,000 Account: At only $195, it’s ideal for beginners to start their own with little risk or to test their own strategies.
50,000 Account: For $295 traders, there is a medium-sized account available that is suited for traders that have a bit of experience in the trading business.
100,000 Account: At $495, this account is a great option for traders ready to take on more significant challenges.
200,000 Account: At $945, it is the largest account size and is developed for advanced traders that aim to maximize their profit.
One of the best things about Funded Elite is their no time limit on evaluations. This is the reason that you can be relaxed and take your time demonstrating your skills without the pressure of an urgent deadline. After funding a trader can earn up to 95% profit splits which is one of the largest in the market. Moreover, Funded Elite provides educational materials and mentoring support in order to refine traders’ approaches and advance their careers.
Funding Pips is also one of the leading prop houses that has been building a reputation by both its unique ideas and equitable rules. They have also gained a following through being disciplined and managing risk, ensuring funded traders are properly equipped to respond to markets. Similar to Funded Elite, Funding Pips provides various account tiers to suit different types of traders.
Here’s what they offer: Here’s what they offer:
$25,000 Account: Retailing for $156, this account is a good foundation from where to develop for traders who want to showcase their expertise.
$50,000 Account: Traders can have an account with $266, which is right for more experienced players.
$100,000 Account: At $444, this account is ideal for traders ready to take their trading to the next level.
The key to Funding Pips’s uniqueness is the absence of a no-consistency rule during the evaluation stage. This makes it easier for traders to demonstrate their abilities and not be restricted to hitting specific daily/weekly targets. After the funding, traders will be able to get up to 80% profit splits and accounts can be expanded up to as they perform better.
Decision between Funded Elite and Funding Pips depends on trader’s style and comfort level. Traders with Funded Elite benefit from high profit splits of 95% and a free 2nd chance in case the trader fails to pass the evaluation phase. If you’re looking for a firm with affordable pricing, flexible evaluation conditions, and a strong focus on education, Funded Elite might be the better choice. Their no time limit on evaluations and high profit splits make them a great option for traders who want to take their time and maximize their earnings.
On the other hand, if you would rather have a company with an innovative approach to evaluation, no-consistency rules, and risk assessment risk mitigation, Funding Pips may be the perfect solution. Their methodology is a means to an end for traders to find growth and consistency in their trading accounts.
Both Funded Elite and Funding Pips are excellent choices for traders looking to break into the world of prop trading. Each one provides a different set of features, competitive pricing, and a drive to help traders thrive. No matter if you are only beginning or aiming to make the next step in your trading career, these organizations offer the tools, capital, and backing you need to succeed.
Funded Elite offers one of the highest profit splits in the industry, a Second Chance Program, and flexible payment structures, making it an attractive choice for traders who want more capital and a transparent path to success. Traders can stay up to date with market developments by subscribing to our newsletters on either Facebook, X or Instagram.
What are you waiting for? Empower Your Trading Journey, Maximize and Realize Your Full Potential! Become a Funded Trader Today!