Funding Pips vs Leveled Up Society

Funding Pips Overview

Funding Pips emerges as an attractive option for traders seeking low entry barriers combined with high potential. The firm's industry-leading low evaluation fees underscore its accessibility and commitment to fostering new talent. A strong Trustpilot rating attests to its credible reputation, with users generally pleased with their experience. The opportunity to manage up to $2,000,000 with a leverage of 1:100 opens vast trading horizons, especially for those with the skill to navigate such amounts. Flexibility is the cornerstone of Funding Pips' appeal, as traders can operate without worry about evaluation period deadlines or minimal trading days. The scaling plan is a stepping stone for consistent performers to achieve higher trading capital, a substantial motivator. Profit-sharing is generous, allotting traders between 80% to 90% of their profits with the convenience of weekly payouts—an excellent incentive for high-performers. Permissive trading rules regarding news, overnight positions, and weekend trades further delineate Funding Pips from more restrictive firms, offering traders freedom more akin to personal account trading. However, the absence of live chat support might deter traders who prefer instant assistance, restricting problem-solving to email and Discord communications. The mandatory stop-loss rule on funded accounts could be a double-edged sword, enforcing discipline but potentially curtailing strategic flexibility for certain trading styles.

Leveled Up Society Highlights

Leveled Up Society (LUS) positions itself as a tenacious competitor, allowing traders to manage accounts up to $1,000,000. The firm excels in its support mechanisms, providing unlimited evaluation re-attempts, acknowledging the learning curve in trading. Drawing parallel to its counterpart, LUS offers an attractive profit share of 80% to 90% with distributions occurring fortnightly. While some might prefer weekly payouts, this interval is balanced and reasonable. The firm's open policy for overnight and weekend positions aligns with industry norms, and the account scaling potential incentivizes continuous performance enhancement. The broad range of tradable assets including forex and commodities caters to diverse interests and strategies, enabling traders to leverage fluctuations across different markets. Account sizes in USD are standardized, simplifying the process for those interested in participating.

Considerations and Conclusions

Both firms invest in Deel for withdrawal mechanisms, indicating a modern approach to funds management and a nod towards global inclusivity. Similarly, their deposit methods are almost mirrored, showing they are attuned to current financial transaction trends. In reviewing their trading conditions, both firms present stern yet reasonable restrictions to manage risk. While Funding Pips forbids Martingale strategies and mandates stop losses, LUS goes a step further with trailing drawdowns and proscriptions against news trading. These rules delineate the firms' risk tolerance and their strategies towards sustainability. Traders considering either of these firms will weigh the importance of support systems, flexibility in trading conditions, and the ease of scaling operations. Established in August 2022, Funding Pips is newer to the scene than Leveled Up Society, which began in April 2021. This difference in tenure may influence a trader's decision based on the perceived stability and track record of the firm. In conclusion, Funding Pips and Leveled Up Society offer substantial opportunities with nuanced differences catering to diverse preferences. Traders must assess their priorities in terms of support, trading freedom, and risk management to make an informed choice between these compelling prop firms.