An in-depth comparison between Funded Trading Plus and Funding Pips unveils key differences and similarities in their trading objectives and requirements.
Phase 1 Profit Target
Both firms set an 8% profit target for Phase 1, aligning their initial goals.
Phase 2 Profit Objective
In Phase 2, a 5% profit target is mandatory for both the prop firms.
Maximum Daily Loss Limit
Funded Trading Plus enforces a 4% maximum daily loss, slightly more conservative compared to Funding Pips’ 5% limit.
Overall Loss Cap
An 8% maximum trailing loss is set by Funded Trading Plus, in contrast to Funding Pips’ 10% maximum loss.
Minimum Trading Days Requirement
Both entities provide trader flexibility by not imposing any minimum trading days.
Trading Duration
An unlimited trading period for both Phase 1 and Phase 2 is provided by both firms, giving traders ample opportunity to reach their objectives.
Profit Sharing Ratio
The London-based company, Funded Trading Plus, offers a profit split ranging from 80% to 100%. Funding Pips, on the other hand, offers a range of 80% to 90%.
This analysis highlights Funded Trading Plus’s slightly stricter daily loss limit and a lower maximum loss threshold, providing a distinct risk management profile compared to Funding Pips. Additionally, with a potentially higher profit split, Funded Trading Plus becomes a more attractive option for traders seeking greater rewards.
