FundingPips vs Topstep: Compared Rule by Rule for 2026
The comparison between FundingPips and Topstep keeps surfacing in trader forums for the same reason: they overlap on marketing but diverge sharply on the mechanics that actually decide payouts. FundingPips focuses on forex, indices, metals and crypto on MT4, MT5 and cTrader, while Topstep covers US futures on the same execution stack. That alone makes them shortlisted together only when a trader is choosing an asset class rather than a firm.
At 100K: FundingPips from $444, Topstep from $99/month.
Side-by-side comparison
| Rule | FundingPips | Topstep |
|---|---|---|
| Markets | Forex, Indices, Metals, Crypto, Energies | Futures (CME) |
| Watchlist | No | on watchlist |
| Evaluation | 1-Step or 2-Step | 1-Step (Combine) |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $50K, $100K, $150K |
| Fee (100K) | $444 | $99/month |
| Profit split | 80 to 100% | 90% |
| Max drawdown (100K) | 5% | $3,000 |
| Drawdown type | Intraday trailing | End-of-day trailing |
| Daily loss (100K) | $3,000 | n/a |
| Consistency rule | 15% | 55% |
| Min trading days | n/a | n/a |
| First payout | 14 days | 3 days |
| News trading | Allowed | Allowed |
| EAs / bots | Allowed | Allowed (limited) |
| Weekend holding | Allowed | Not allowed |
| US traders | Yes | Yes |
| Trustpilot | Trustpilot profile | Trustpilot profile |
Verdict
Pick FundingPips if you want MT4, MT5 or cTrader access to forex, indices and metals, or a fast first payout window fits your cashflow. Pick Topstep if you want US futures on Rithmic or Tradovate rather than spot FX. The realistic decision comes down to which of the two rule sets you will still respect after a losing week.
Heads up: Topstep has announced model changes in the past 90 days. We re-audit watchlisted firms every 7 days; double-check the live rules page before purchasing.
FundingPips strengths
Widest platform selection, flexible payout frequency tiers
FundingPips weaknesses
Split tied to withdrawal frequency, consistency score, recent rule change complaints
Topstep strengths
14 year track record, live funded account pathway, breakeven drawdown lock
Topstep weaknesses
Monthly subscription model, tightest drawdown in industry, slower monthly payouts