What you are signing up for
In the prop firm sector, an evaluation is a test where you pay a fee to trade a demo account. If you reach a profit target—the specific amount of money you must earn to pass—without breaking risk rules, the firm gives you access to a funded account where you keep a percentage of the gains.
- Doji Funding offers very cheap entry points. You can start a 5,000 account for $23. However, they do not offer a refund of this fee, meaning the cost is lost even if you succeed.
- FundingPips starts at $32 for a 5,000 account. The main advantage here is that they provide a full refund of your entry fee with your first successful payout.
Neither firm offers a free trial, which is a risk-free demo to practice their specific dashboard before paying.
How hard each one is
The most important rule is the drawdown, which is the maximum loss you are allowed to have before your account is closed.
- Doji Funding uses different models. Some use a "static" drawdown, which is a fixed floor that never moves. Others use a "trailing" drawdown, which means the loss limit follows your highest account balance, making it harder as you earn more. Their 1-Step targets are low, around 5% to 10%.
- FundingPips mostly uses "static" drawdown, which is much friendlier for beginners because your safety margin doesn't shrink when you are in profit. Their profit targets are slightly higher, ranging from 6% to 12% depending on the plan.
How long it takes
You need to consider two time-related rules: maximum trading days (your deadline to finish) and minimum trading days (the least amount of days you must place trades).
- Doji Funding has no deadline to complete the phases. You can take as long as you need. However, you must trade for at least 3 to 10 days depending on the plan you choose.
- FundingPips also has no time limits for most accounts, though their "Labs" models have a 6-month window. They are much faster for talented traders, requiring only 0 to 3 minimum trading days to pass.
Where beginners fail
Most beginners lose their accounts not because of bad luck, but because of specific rules like the consistency rule. This rule ensures your success isn't just one "lucky shot" by requiring that no single day accounts for too much of your total profit.
- Doji Funding has a configurable consistency rule between 10% and 50%. If you make 60% of your target in one day, you cannot pass until you trade more days to balance it out. They also prohibit "scalping" (trades lasting less than 5 seconds).
- FundingPips uses a 35% consistency score on many models. They also have strict "news trading" rules on funded accounts, which means you can lose your profits if you open or close trades 5 minutes before or after a major economic announcement.
What happens if you make it
If you pass, you get to request a payout, which is your share of the profits.
- Doji Funding uses DXTrade as their primary platform. They offer a profit split of 60% to 90%. Payouts can be daily, weekly, or bi-weekly depending on the preset you bought.
- FundingPips offers more variety with MetaTrader 5, cTrader, and MatchTrader. They are very aggressive with rewards, offering up to 100% of the profits in some models and daily payouts in their "Prime" and "Labs" accounts.
If it is your first time
For a first attempt, FundingPips is the better choice. Even though the initial fee is slightly higher than Doji's cheapest option, the fact that they refund your money when you succeed makes it a better investment. Additionally, their use of static drawdown is much easier to manage for someone still learning to control their emotions and risk. Having access to MetaTrader 5 or cTrader also provides a more standard learning environment than being restricted to DXTrade.
Frequently asked questions
Which firm is cheaper to start a $10,000 challenge, Doji Funding or FundingPips?
Doji Funding is cheaper for this specific size. A $10,000 "Budget" 1-Step account at Doji Funding costs $35, while the most affordable $10,000 2-Step account at FundingPips costs $55. However, remember that FundingPips refunds that $55 with your first profit withdrawal, whereas Doji Funding keeps the $35 fee regardless of your performance.
Does Doji Funding or FundingPips have a better policy for trading during news?
Doji Funding is more flexible for beginners. They allow ordinary news trading in both evaluation and funded stages, only prohibiting systematic exploitation of price spikes. FundingPips, on the other hand, is very strict: on their Master accounts, they will deduct all profits from any trade opened or closed within a 5-minute window of high-impact news events.
Which firm offers more trading platforms, Doji Funding or FundingPips?
FundingPips offers a much wider selection, including MetaTrader 5, cTrader, and MatchTrader. This is ideal for beginners who want to use industry-standard tools. Doji Funding is currently limited to DXTrade, which is a functional platform but lacks the extensive community support and third-party tools available for the platforms offered by FundingPips.
Who pays out faster and more often, Doji Funding or FundingPips?
FundingPips has a faster payout potential. Their Prime and Labs accounts allow for daily payouts from day one. Doji Funding also offers a daily payout preset (Standard), but their withdrawal process targets 1 to 3 business days for review, while FundingPips is known for processing rewards very quickly, often within the same day for certain models.
