FundingPips and Atlas Funded are close competitors. Both run simulated funded accounts on similar platforms, both cover forex, metals, indices and crypto, and both sell a two-step evaluation with a 5% daily loss limit and a 10% static maximum loss. If you are comparing the two, the headline rules will not separate them.
The differences are further in. FundingPips is cheaper on the smaller accounts, gets you to a first payout sooner, and gives a 100% profit split away for free on one of its payout cycles. Atlas commits to a payout window in writing and pays a penalty for missing it, refunds your evaluation fee, and does not breach your account for holding an instant-funded position over the weekend.
This page lays both sides out with the figures each firm publishes, and is honest about the tiers where FundingPips is the better buy.
FundingPips is cheaper at most account sizes, reaches a first payout in 14 days against our 28, and offers a 100% split for nothing on its monthly cycle. If entry price and speed to first cash are what you are optimising for, they are the stronger buy, and the sections below give the numbers.
FundingPips vs Atlas Funded at a glance
Every number below is published by one of the two firms. FundingPips's come from its own trading objectives and challenge pages, and ours from the Atlas pricing table and trading rules. Where FundingPips is stronger, the row says so.
| Feature | Atlas Funded | FundingPips | Better |
|---|---|---|---|
| Payout guarantee | 24 hours on a business day, or Atlas adds $1,000 | No published approval time, no compensation | Atlas |
| Evaluation fee | Refunded at your third funded payout | Not refunded, per their terms | Atlas |
| Largest single account | $400,000 on Instant Funding and Access | $200,000 | Atlas |
| Instant funding drawdown | Static | 5% trailing equity on Zero | Atlas |
| Weekend holds, instant funding | Allowed | Breaches the account on Zero | Atlas |
| News on a funded account | Profit within 5 minutes either side is deducted | The whole trade's profit is deducted | Atlas |
| $50K two-step | $268 | $289 | Atlas |
| $200K two-step | $928 | Not sold on this model | Atlas |
| $100K two-step | $498 | $489 | Even |
| Daily loss limit | 5% | 5% | Even |
| Maximum loss | 10%, static | 10%, static | Even |
| Time limit | None | None | Even |
| $10K two-step | $88 | $59 | FundingPips |
| Two-step profit target | 9% then 5% | 8% then 5% | FundingPips |
| Minimum trading days | 5 | 3 per phase | FundingPips |
| First payout | 28 days after your first funded trade | 14 days, or 7 on the weekly cycle | FundingPips |
| Highest profit split | 100% as a paid add‑on | 100% free on the monthly cycle | FundingPips |
What is Atlas Funded?
Atlas Funded launched in 2024 and runs simulated funded accounts across forex, metals, energy, indices and futures. The commitments it makes are the point: an approved payout is processed within 24 hours on a business day, and if that is missed on a valid request $1,000 is credited to the account automatically. Your evaluation fee is refunded at your third funded payout.
There are four ways in on forex, including Access, where $5 gets you started and the balance is only due if you pass. Instant funding runs on a static drawdown and allows weekend and overnight holding like every other Atlas model. Accounts run to $400,000, platforms are TradeLocker, MT5 and Match-Trader, and the firm is Atlas Funded LTD, registered in Saint Lucia.
What is FundingPips?
FundingPips is one of the largest firms in the sector, publishing more than $287 million in rewards distributed and over three million registered traders. It sells five models: Zero for instant funding, 1 Step Flex, and three two-step variants called Standard, Flex and Pro. Accounts run from $5,000 to $200,000, with a $400,000 cap on the total you can hold across every account at once.
The model that lines up with the Atlas two-step is 2 Step Standard: an 8% then 5% target, a 5% daily loss limit and a 10% static maximum loss. Its most interesting feature is the payout cycle, which you choose after passing. Weekly pays 60%, bi-weekly 80%, on demand 90%, and monthly pays 100%. Platforms are MT5, cTrader and Match-Trader, and the entity is FundingPips Corp, registered in the Comoros Union.
Price: what each firm charges
This is the section where FundingPips wins more often than we do, so here it is plainly. Both firms quote in dollars, so nothing below is converted. The comparison is the Atlas two-step against 2 Step Standard, because those two carry the same 5% daily loss limit and the same 10% static maximum loss.
| Account | Atlas Funded | FundingPips | Difference |
|---|---|---|---|
| $10,000 | $88 | €59 (about $68) | FundingPips lower by $20 |
| $25,000 | $178 | €139 (about $160) | FundingPips lower by $18 |
| $50,000 | $268 | €289 (about $333) | Atlas saves $65 |
| $100,000 | $498 | €489 (about $563) | Atlas saves $65 |
FundingPips is clearly cheaper on the small accounts and roughly level at $100,000. Atlas is cheaper at $50,000 and is the only one of the two selling a $200,000 two-step at all. FundingPips also sells $5,000 accounts, which we do not.
Two things do not show up in that table. FundingPips has a cheaper two-step again in 2 Step Pro, but it comes with a 6% maximum loss and a 3% daily limit rather than 10% and 5%, so it is a harder account rather than the same account for less. And the Atlas fee is refunded at your third funded payout, where the FundingPips terms state that registration fees are not refunded at all.
Payouts: how fast you get paid
Atlas processes an approved payout within 24 hours on a business day, and credits $1,000 to the account automatically if it misses that on a valid request. FundingPips publishes no approval time at all. Its documentation describes card payouts taking one to five working days once approved, and there is no compensation attached to a delay.
On timing, FundingPips is ahead and it is not close. Its first payout comes 14 calendar days after your first funded trade, or seven days on the weekly cycle, or immediately if you take the on-demand option. Atlas asks for 28 days before the first one and every 14 after that. If you need cash out of the account early, that matters more than the guarantee does.
On the split, FundingPips gives away what we charge for. Its 2 Step Standard monthly cycle pays 100% with no upgrade fee, where the Atlas 100% is a paid add-on over an 80% default. The trade-off is cadence: the FundingPips 100% only comes every 30 days, and their faster cycles pay 60%, 80% and 90%.
Trading rules compared
On the comparable two-step the risk limits match exactly: 5% daily, 10% maximum loss calculated statically, no time limit, and no consistency rule on either firm's default product. FundingPips asks for three minimum trading days per phase against our five, and its Flex models ask for none at all, so it can be passed faster.
Instant funding is where the two separate. Atlas instant accounts run a static drawdown and hold positions overnight and through the weekend like every other model. FundingPips Zero runs a 5% trailing equity drawdown, breaches the account if you hold over a weekend, and closes it outright if you open, close or hold a position within ten minutes either side of a red folder release.
News handling differs on funded accounts too. Atlas deducts the profit made within five minutes either side of a listed release. FundingPips deducts the entire profit of the affected trade rather than the part inside the window, and its documentation puts the trader on the hook if that deduction causes a breach.
Platforms and markets
Close, with one swap each way. Both run MetaTrader 5 and Match-Trader. FundingPips adds cTrader, which we do not offer. Atlas adds TradeLocker, which they do not. Neither firm offers MetaTrader 4.
On markets both cover forex, metals, energy, indices and crypto. Atlas also runs a separate futures programme with its own pricing and rules.
Where Atlas Funded is stronger
A guarantee with a penalty attached
Atlas processes an approved payout within 24 hours on a business day and credits $1,000 automatically if it misses. FundingPips publishes no approval time at all and attaches no compensation to a delay. This is a written commitment against the absence of one.
Your evaluation fee comes back
Atlas refunds the fee at your third funded payout. The FundingPips terms state that registration fees are not refunded. On a $100,000 account that is most of $489 you either see again or you do not.
Instant funding you can actually hold
Atlas instant accounts use a static drawdown and hold through the weekend. FundingPips Zero uses a 5% trailing equity drawdown and breaches the account if you hold a position over the weekend. For a swing trader that rules Zero out.
News costs you the window, not the trade
Trade a red folder release on an Atlas funded account and the profit made within five minutes either side is deducted. FundingPips deducts the whole profit of the trade, and says the trader carries the consequences if that deduction causes a breach. On Zero it closes the account.
A bigger single account
Atlas funds a single account to $400,000. The largest single FundingPips account is $200,000. Their total allocation across accounts is also $400,000, so this is about how much you can run in one place under one set of rules.
The only $200K two-step of the two
FundingPips does not sell a $200,000 account on 2 Step Standard, the model that matches ours on drawdown. If you want that size on a 10% static maximum loss, we are the only one of the two selling it.
Where FundingPips is stronger
These are the reasons a trader would reasonably pick FundingPips over us.
Cheaper on the smaller accounts
At $10,000 they are $59 against our $88, and at $25,000 $139 against our $178. They also sell $5,000 accounts from $33 and we do not sell that size at all. If you are starting small, they cost less to try.
Money reaches you sooner
FundingPips pays out from 14 calendar days after your first funded trade, seven on the weekly cycle, or on demand if you take the 90% option. Atlas asks for 28 days before the first payout. Halving the wait to first cash is worth more to most traders than a percentage point of split.
A 100% split that costs nothing
Pass 2 Step Standard, choose the monthly cycle, and FundingPips pays 100% with no upgrade fee. The Atlas 100% is a paid add-on on top of an 80% default. Their trade-off is cadence rather than money, and for a patient trader that is a better deal than ours.
Faster to pass, and a free trial
FundingPips asks for three minimum trading days per phase against our five, and its Flex models ask for none, so a challenge can be cleared in a day. It also runs a genuine free trial on live MT5 covering both phases with identical rules, which we do not match.
Which should you choose?
Choose FundingPips if
- You are starting on a $5,000, $10,000 or $25,000 account
- You want your first payout inside two weeks
- You want a 100% profit split without paying for an upgrade
- You want to clear an evaluation in as few days as possible
- You want cTrader
Choose Atlas Funded if
- You want a payout window with a number and a $1,000 penalty behind it
- You want your evaluation fee back rather than written off
- You want instant funding on a static drawdown that survives a weekend
- You want a single funded account larger than $200,000
- You want a $200,000 two-step on a 10% static maximum loss
- You want news trading that costs you the window rather than the whole trade
Frequently asked questions
Is FundingPips cheaper than Atlas Funded?
On most account sizes, yes. Comparing the Atlas two-step with FundingPips 2 Step Standard, which carries the same 5% daily and 10% static limits, they are $59 against our $88 at $10,000 and $139 against our $178 at $25,000. Atlas is cheaper at $50,000, $268 against $289, and the two are within $9 at $100,000. FundingPips does not sell a $200,000 account on that model. The Atlas fee is also refunded at your third funded payout, where FundingPips states registration fees are not refunded.
Which firm pays out faster?
It depends what you mean. FundingPips reaches a first payout sooner: 14 calendar days after your first funded trade, seven on the weekly cycle, or on demand on the 90% option, against 28 days at Atlas. Once a payout is approved, Atlas is the only one of the two that commits to a time, processing within 24 hours on a business day and crediting $1,000 automatically if it misses. FundingPips publishes no approval time and no compensation.
Which has the better profit split?
FundingPips, if you do not want to pay for it. Its 2 Step Standard monthly cycle pays 100% with no upgrade fee, while the Atlas 100% is a paid add-on over an 80% default. The catch is cadence: the FundingPips 100% is payable every 30 days, and its faster cycles pay 60%, 80% and 90%.
Does either firm have a consistency rule?
Neither firm's standard two-step does on its default settings. FundingPips applies a 35% rule only if you choose the on-demand 90% cycle, and 15% on Zero, its instant product. Atlas has no consistency rule on the Two Step, Two Step Pro, Three Step, One Step Pro or Instant Zero; the One Step funded account has a 25% rule and Instant Funded 20%. Neither firm's rule breaches the account, both hold the payout.
Which is better for instant funding?
Atlas, and by a clear margin if you hold positions. Atlas instant accounts run a static drawdown and allow weekend and overnight holding. FundingPips Zero runs a 5% trailing equity drawdown, breaches the account for holding over a weekend, and closes it if you open, close or hold within ten minutes either side of a red folder release.
Is FundingPips better than Atlas Funded?
On entry price, time to a first payout, minimum trading days and a free 100% split, FundingPips is the better choice, and it is a much larger firm. On payout guarantees, fee refunds, instant funding rules, news handling and the size of a single account, Atlas is. The two are level on the headline two-step limits, so the decision comes down to whether entry cost or what happens after you pass matters more to you.
Prices and rules move. Everything here was checked against both firms' own pages in August 2026, and the Atlas figures come from our trading rules and pricing, which are the versions that count.
Your move
Only pay the full fee after you pass