Which is cheaper: FTMO or Pipstone Capital?

Pipstone Capital is cheaper to enter. Its smallest evaluation account starts at $5K. FTMO's entry tier begins at $10K. Challenge fees scale with account size, so a smaller tier means a lower up-front cost. Both firms also run discount codes from time to time. Right now that is €101 at FTMO and 35% at Pipstone Capital.

Does FTMO have a better profit split than Pipstone Capital?

No, Pipstone Capital's top profit split (80% up to 100%) is higher than FTMO's (80% to 90%). On a $10,000 funded month with a $1,000 profit, that is $1000 vs $900. That is about $100 more per month at Pipstone Capital, at the same risk. Both firms usually gate the top tier behind scaling milestones. So read the funded-phase rules carefully.

Which firm pays out faster: FTMO or Pipstone Capital?

Pipstone Capital typically pays out faster. It runs on a Weekly / bi-weekly. Average reward time ~8 hours after approval. cadence, versus FTMO's Withdrawals available on a regular basis once you reach funded status. Your withdrawal method also matters. Crypto and Skrill clear in hours at both firms. Bank wires add 1 to 3 business days regardless of cadence.

Can I trade at both FTMO and Pipstone Capital?

Yes. FTMO and Pipstone Capital are independent firms, and neither requires exclusivity. You can hold a funded account at both at once, as long as you respect each firm's rules on each account. Many traders spread evaluations across firms to cut counterparty risk. Each firm tracks its own rule breaches, so a breach at one does not affect the other.

FTMO vs Pipstone Capital

Editorial intro

Comparing FTMO and Pipstone Capital comes down to profit split mechanics: FTMO offers 80% to 90% profit splits and $400K max capital with regular payouts, while Pipstone Capital counters with 80% up to 100% splits and $400K max capital on a bi-weekly payout cadence. We've ranked FTMO at 4.3/5 and Pipstone Capital at 4.3/5 based on our editorial scoring. Both firms operate in the retail prop trading space and have published payout records that we've cross-checked against trader-reported withdrawals. Below is the full side-by-side breakdown across 14 decision-relevant attributes, our editor's verdict on which trader profile each firm fits best, and the most-searched questions about this specific match-up.

Attribute	FTMO	Pipstone Capital
Profit Split	80% to 90%	80% up to 100%
Max Funded Capital	$400K	$400K
Years in Operation	11	1
Headquartered	Czech Republic	Saint Lucia
Rating (editorial)	4.3/5	4.3/5
Payout Frequency	Withdrawals available on a regular basis once you reach funded status	Weekly / bi-weekly. Average reward time ~8 hours after approval.
Active Discount	€101	35%
Platforms	cTrader, DXTrade, MT4, MT5	cTrader, Match Trader
Drawdown Type	,	Static
Consistency Rule	Yes	No
Asset Coverage	FX, Energy, Crypto, Indices, Metals, Stocks	Crypto, Energy, FX, Indices, Metals
Min Account Size	$10K	$5K
Profit Target	10%	No Limit
Trading Days Min	4 days	3 days

View FTMO →View Pipstone Capital →

Our Verdict: FTMO vs Pipstone Capital

FTMO is better for:

▸Track record (11+ years vs 1 years)
▸Broader instrument coverage (6 asset classes vs 5)
▸More trading platforms supported (4 vs 2)

Pipstone Capital is better for:

▸Maximising profit retention (80% up to 100% vs 80% to 90%)
▸Traders preferring a Saint Lucia-jurisdictioned firm
▸Traders who already follow Pipstone Capital and want to stay inside its ecosystem

Editor's note

For most traders, Pipstone Capital wins on profit split (80% up to 100% vs 80% to 90%), but FTMO is the better pick if you already trade FTMO's product mix and don't want to relearn rule sets. Our overall editorial pick: Pipstone Capital.

FAQ

Frequently Asked Questions

FTMO vs Pipstone Capital: Frequently Asked Questions

Not for most trader profiles. Pipstone Capital wins this match-up on profit split (80% up to 100% vs 80% to 90%). It posts a higher editorial score than FTMO. FTMO is still the right call if already trade FTMO's product mix and don't want to relearn rule sets. But on a head-to-head ranking, Pipstone Capital comes out ahead.