NEOMAAA Funded vs FundingPips: Head-to-Head (2026)

How I compare firms: This comparison is built from accounts I'm actively running at both firms. I've gone through the onboarding, tested the platforms, and studied the rule sets firsthand. NEOMAAA Funded is one of my current prop firms alongside Lucid Trading, TakeProfitTrader, and e8 Markets.

For the full breakdown of NEOMAAA Funded's evaluation structure, account types, payout system, and what makes them different from other prop firms, check out my complete NEOMAAA Funded review. For the absolute latest, check NEOMAAA Funded's website or their help center.

NEOMAAA Funded and FundingPips are both Dubai-based forex prop firms offering funded accounts through MT5, targeting the same trader demographic with similar markets. This makes the comparison tighter and more nuanced than most. The differences are in the details: pricing tiers, drawdown mechanics, account variety, and payout structure.

FundingPips launched in 2022 and has built a solid reputation with competitive pricing and flexible evaluation options. NEOMAAA Funded launched in September 2024 and entered the market with seven account types, a trailing-to-static drawdown conversion, and aggressive promotional pricing.

I'm running NEOMAAA accounts right now. I've studied FundingPips' rule set and pricing thoroughly. This comparison covers every category that separates these two firms.

How Do NEOMAAA Funded and FundingPips Compare?

As of March 2026, here's the full side-by-side breakdown.

The results are split. FundingPips wins on drawdown structure, profit split, track record, and fee refund speed. NEOMAAA wins on pricing, account variety, and long-term scaling. Let me dig into the categories that carry the most weight.

How Does Pricing Compare Between NEOMAAA Funded and FundingPips?

NEOMAAA Funded is cheaper at the entry level. No contest.

As of March 2026, NEOMAAA's NOVA 1-Step costs $300 for a $100K account with a 6% profit target and tighter rules. FundingPips' cheapest $100K 1-Step evaluation runs approximately $400-500 depending on current promotions.

For the standard 2-Step comparison, NEOMAAA's 2-Step Origin costs $485 for $100K. FundingPips' 2-Step at $100K typically falls in the $400-500 range. The gap is smaller here, and FundingPips can be competitive when running discounts.

But NEOMAAA's pricing range is wider. The NOVA at $300 has no equivalent at FundingPips. The Instant Prime at $999 lets you skip the evaluation entirely. FundingPips has instant funding too, but NEOMAAA's seven account types create more entry points at different price levels.

NEOMAAA's W35 promo (35% off plus buy-one-get-one on Prime and Origin accounts) drops the effective price per account dramatically. During promo windows, a 2-Step Origin at $485 with 35% off costs roughly $315. Add the BOGO and you're getting two accounts for the price of one.

FundingPips runs promotions too, and their baseline pricing is competitive. But on raw price-per-dollar-of-capital, NEOMAAA wins at every tier.

What's the Real Difference in Drawdown Mechanics?

This is where these two firms diverge most meaningfully.

NEOMAAA Funded uses a trailing max drawdown on most account types. On a $100K 2-Step Origin account, the 8% trailing drawdown starts at $92,000 and follows your highest equity upward. If your balance hits $108,000, the floor is now at $100,000. Your effective room is always 8% of your starting balance, never more, until the drawdown converts to static after the first funded payout.

FundingPips uses a balance-based drawdown on most account types. The max drawdown is calculated from your starting balance and doesn't trail your equity. On a $100K account with an 8% max drawdown, the floor sits at $92,000 and stays there regardless of where your balance goes. If you grow to $110,000, the floor is still $92,000. You now have $18,000 of room.

This is a critical difference. FundingPips' balance-based drawdown behaves like a static drawdown from day one. Your profit cushion grows as you earn. NEOMAAA's trailing drawdown means your room stays constant during the evaluation phase because the floor follows your highs.

After NEOMAAA's first funded payout, the trailing converts to static. At that point, both firms offer a locked floor. But during evaluation and the early funded phase, FundingPips' balance-based approach is objectively easier to manage.

If you're the type of trader who builds a cushion early and then takes more risk, FundingPips' drawdown structure works in your favor. You can grow the account to $105K, know your floor is locked at $92K, and trade with $13,000 of room instead of the original $8,000.

On NEOMAAA, that same $105K balance pushes the trailing floor to $97,000. Your room is still $8,000. The cushion never grows until the first payout.

I need to be clear about this: FundingPips has the better drawdown structure during evaluation. The balance-based model is more forgiving for most trading styles.

How Do the Profit Splits Stack Up?

FundingPips starts at 80% profit split and can scale to 90%.

NEOMAAA Funded starts at 70% on Origin and Prime accounts and can scale to 90%.

On a $5,000 payout:

• FundingPips at 80%: $4,000 to you
• NEOMAAA at 70%: $3,500 to you

$500 per payout difference. Over ten payouts of $5,000 each, FundingPips puts $5,000 more in your account before either firm reaches the 90% tier.

Once both reach 90%, the payout is identical. FundingPips gets there with a head start because 80% is closer to 90% than 70% is. In the meantime, that 10-percentage-point gap compiles into real money.

FundingPips wins the profit split comparison cleanly at the starting tier.

Does the 3-Step Evaluation at FundingPips Offer Any Advantage?

FundingPips offers something NEOMAAA doesn't: a 3-Step evaluation. Three phases, each with lower profit targets than the 1-Step or 2-Step options. The idea is that smaller targets per phase make each individual phase easier to pass, even though you need to clear three hurdles instead of two.

NEOMAAA doesn't have a 3-Step option. You choose from 1-Step, 2-Step, or Instant.

The 3-Step model appeals to traders who prefer smaller goals spread over more phases. If hitting a 10% target in one shot feels daunting but 3-4% across three phases feels manageable, FundingPips gives you that path.

The downside is time. Three phases mean more calendar days before you're funded. If you can pass a 2-Step at NEOMAAA in 3 weeks, the 3-Step at FundingPips might take 5-6 weeks. Time isn't free, and every week not funded is a week not earning.

For traders who fail at higher targets repeatedly, the 3-Step could save money by increasing pass rates. For traders who pass evaluations efficiently, it's slower without a meaningful benefit.

Which Platforms Does Each Firm Support?

NEOMAAA Funded offers MT5 and TradeLocker.

FundingPips offers MT5 and DXtrade.

Both firms anchor on MT5, which means the core trading experience is identical. The difference is the secondary platform.

TradeLocker (NEOMAAA) is a newer browser-based platform gaining traction in the prop trading space. It's lightweight, works on any device without installation, and has a clean interface. For traders who want mobile or browser access without downloading MT5, TradeLocker is appealing.

DXtrade (FundingPips) is also browser-based and has been around longer in the prop firm ecosystem. It's a stable, functional platform that several prop firms use as their primary or secondary option.

Neither secondary platform is dramatically better than the other. Both serve the same purpose: providing an alternative to MT5 for traders who want browser-based access. If you have a strong preference for one over the other, it could tip the decision. For most traders, this is a wash.

How Do Fee Refund Policies Compare?

FundingPips refunds the evaluation fee with the first payout. Pass, get funded, make a profit, and the fee comes back alongside your first withdrawal.

NEOMAAA Funded refunds 100% of the evaluation fee at the second withdrawal. You need to pass, get funded, make two successful payouts, and the refund arrives with payout number two.

The difference is one payout cycle. FundingPips gets the money back to you sooner. On a $485 evaluation, that's $485 arriving weeks earlier with FundingPips than it would with NEOMAAA.

For traders who plan to make multiple payouts, the timing difference is minor. For traders testing a new firm and wanting to recoup their investment as fast as possible, FundingPips' first-payout refund is the better deal.

Which Firm Has the Stronger Track Record?

FundingPips launched in 2022. That gives it roughly 4 years of operation as of March 2026. Trustpilot rating sits around 4.5/5 with a growing review base. The firm has built a reputation for competitive pricing and flexible evaluations.

NEOMAAA Funded launched in September 2024. Approximately 18 months of operation. 4.3/5 on Trustpilot. Operated by Neom Triple A Information Technology L.L.C out of Dubai.

FundingPips has roughly 2.5 more years of track record. That's meaningful in an industry where firms have appeared and disappeared within months. FundingPips has survived the volatile period of 2023-2024 when several prop firms shut down or changed their business models dramatically.

NEOMAAA's 4.3 Trustpilot is respectable for its age. Early reviews are positive. But 18 months is still a short track record compared to FundingPips' 4 years.

If longevity factors heavily in your decision, FundingPips has the edge. Both firms are young compared to industry veterans like FTMO (2015), but in a head-to-head, FundingPips has more runway behind it.

How Does the Scaling Path Differ?

NEOMAAA Funded scales from $100K to $200K to $400K. The scaling plan doubles your capital quarterly if you maintain 10% net profit and keep daily losses under 5%. Maximum ceiling: $400K.

FundingPips offers scaling on certain account types, but the specifics vary and the maximum account sizes depend on the evaluation tier. The scaling path is less prominently marketed than NEOMAAA's.

NEOMAAA's scaling is more clearly defined with a structured quarterly path and a specific $400K ceiling. If long-term scaling is part of your plan, NEOMAAA's roadmap is more transparent.

For traders who aren't thinking about scaling yet and just want to pass the evaluation and start earning, this category is irrelevant. Focus on the first payout before planning the fourth account size.

Both Firms Are in Dubai. Does That Matter?

Both NEOMAAA Funded and FundingPips are headquartered in Dubai, UAE. This shared location means they operate under the same regulatory environment (or lack of prop-firm-specific regulation, more accurately). Neither firm is regulated as a financial services provider in the traditional sense. Prop trading firms generally operate outside of securities regulation because they're providing traders access to the firm's own capital, not managing client funds.

Being in Dubai gives both firms access to global payment infrastructure, proximity to the growing Middle Eastern and Asian trading community, and favorable business conditions. It doesn't make one more trustworthy than the other.

What matters more than location is operational history. FundingPips has 4 years of Dubai operations. NEOMAAA has 18 months. The jurisdiction is the same; the track record isn't.

Who Should Pick NEOMAAA Funded?

NEOMAAA Funded fits better if budget is your primary concern. The NOVA $100K at $300 is the cheapest entry point in this comparison by a wide margin.

You want maximum account variety. Seven account types across different price points, drawdown limits, and payout cycles give you more options to match your trading style.

Long-term scaling matters. NEOMAAA's $100K to $400K path is clearly defined with quarterly doubling.

You prefer TradeLocker over DXtrade as your secondary platform.

You're comfortable with a newer firm. NEOMAAA's pricing advantages are real, and if the shorter track record doesn't concern you, the value proposition is strong.

Who Should Pick FundingPips?

FundingPips fits better if drawdown structure is your top priority. FundingPips' balance-based drawdown is easier to manage than NEOMAAA's trailing drawdown during evaluation and early funded trading.

You want a higher starting profit split. FundingPips' 80% beats NEOMAAA's 70% starting tier by a meaningful margin.

You prefer getting the fee refund at your first payout, not the second.

The 3-Step evaluation appeals to you. If smaller targets per phase match your style, FundingPips is one of the few firms offering this path.

A longer track record matters. FundingPips' 4 years of operation and 4.5 Trustpilot give it more credibility than NEOMAAA's 18 months and 4.3 rating.

No minimum trading days appeals to you. FundingPips doesn't require minimum trading days during evaluation or before payouts.

You're looking for a DXtrade option alongside MT5.

The bottom line: NEOMAAA Funded and FundingPips are close competitors targeting the same audience from the same city. FundingPips wins on drawdown structure, profit split, fee refund speed, and track record. NEOMAAA wins on pricing, account variety, and long-term scaling. If you're a patient trader who values a locked drawdown floor from day one and a higher profit split, FundingPips is the better fit. If you need the cheapest possible entry point, want seven account types to choose from, or you're attracted to the trailing-to-static conversion that locks after the first payout, NEOMAAA fills those gaps at a lower price.

Frequently Asked Questions

Is NEOMAAA Funded cheaper than FundingPips?

Yes. NEOMAAA Funded is cheaper at every comparable tier as of March 2026. The most dramatic difference is the NOVA 1-Step at $300 for a $100K account, which has no equivalent at FundingPips. The 2-Step Origin costs $485 vs approximately $400-500 at FundingPips. NEOMAAA's promotional pricing (W35 code for 35% off plus BOGO) widens the gap even further.

Does FundingPips use a trailing drawdown like NEOMAAA Funded?

No. FundingPips primarily uses a balance-based max drawdown that is calculated from the starting balance and does not trail your equity. NEOMAAA Funded uses a trailing max drawdown that follows your highest equity upward and converts to static only after the first funded payout. FundingPips' balance-based approach gives traders more effective room as their balance grows during evaluation.

Which firm has a better profit split, NEOMAAA Funded or FundingPips?

FundingPips starts at 80% profit split and can scale to 90%. NEOMAAA Funded starts at 70% on Origin and Prime accounts and scales to 90%. On a $5,000 payout, FundingPips at 80% sends $4,000 to your account, while NEOMAAA Funded at 70% sends $3,500. FundingPips pays more per payout from day one until both reach the 90% tier.

Does FundingPips offer a 3-Step evaluation?

Yes. FundingPips is one of the few prop firms offering a 3-Step evaluation with lower profit targets per phase. NEOMAAA Funded does not have a 3-Step option. The 3-Step model spreads the target across three phases, making each individual phase easier to pass, but extending the total time to reach funded status.

Are both NEOMAAA Funded and FundingPips based in Dubai?

Yes. Both NEOMAAA Funded and FundingPips are headquartered in Dubai, UAE. NEOMAAA Funded is operated by Neom Triple A Information Technology L.L.C and launched in September 2024. FundingPips launched in 2022 and has approximately 2.5 more years of operational history from the same jurisdiction.

Which firm refunds the evaluation fee faster?

FundingPips refunds the evaluation fee with the first funded payout. NEOMAAA Funded refunds 100% of the evaluation fee at the second funded withdrawal. FundingPips gets the refund back to you one payout cycle sooner. On a $485 evaluation, that's $485 arriving weeks or months earlier depending on payout frequency.

Can I use the same platforms on both firms?

Both NEOMAAA Funded and FundingPips support MT5 as their primary platform. NEOMAAA Funded adds TradeLocker as a secondary option, while FundingPips adds DXtrade. Both secondary platforms are browser-based alternatives that don't require desktop installation. If you only trade on MT5, the platform experience is identical at both firms.

Which firm has more lenient drawdown rules during evaluation?

FundingPips has more lenient drawdown rules during evaluation. FundingPips uses a balance-based max drawdown that stays fixed at the starting balance level, meaning your effective room grows as your balance increases. NEOMAAA Funded's trailing drawdown follows your equity higher during evaluation, keeping your effective room constant. FundingPips' approach gives traders a growing cushion as they build profits.

Does NEOMAAA Funded have better scaling than FundingPips?

NEOMAAA Funded has a more clearly defined scaling path. NEOMAAA scales from $100K to $200K to $400K quarterly, requiring 10% net profit and daily losses under 5%. FundingPips offers scaling on certain account types, but the specifics vary and the maximum ceiling is less prominently documented. If structured long-term scaling is important to your plan, NEOMAAA Funded's roadmap is more transparent.

Which firm should I choose if I'm new to prop trading?

FundingPips is easier for newer traders because of the balance-based drawdown (your cushion grows with profits), the higher starting profit split (80% vs 70%), and the 3-Step evaluation option that breaks the target into smaller phases. NEOMAAA Funded's seven account types can be overwhelming for new traders, and the trailing drawdown requires more careful risk management during evaluation. If budget is the deciding factor, NEOMAAA's $300 NOVA account is the cheapest way to try prop trading at the $100K level.