Overview
Blueberry Funded and Funding Pips are two proprietary trading firms that provide aspiring traders with the opportunity to manage capital on behalf of the firm. These firms offer funded trading accounts contingent on the trader’s ability to pass an evaluation process that tests their consistency, profitability, and adherence to risk parameters. Although both firms operate within the prop trading space, their funding models, evaluation rules, trading conditions, and operational frameworks differ in several key areas.
This article compares Blueberry Funded and Funding Pips based on verified operational characteristics, including evaluation processes, account offerings, trading platforms, payout structures, and other quantifiable parameters.
Company Background
Blueberry Funded is affiliated with Blueberry Markets, a well-known brokerage firm. It provides access to trading capital via structured evaluation programs designed for retail traders. The firm emphasizes risk management and consistency in its funding model.
Funding Pips is a standalone proprietary trading firm offering capital to traders globally. It utilizes a similar two-phase evaluation process and has gained recognition for its minimal trading restrictions and straightforward rules.
Both firms operate independently and cater to the retail trading market globally through online platforms.
Evaluation Process
Blueberry Funded
Blueberry Funded uses a two-phase evaluation model. Traders must first pass a challenge phase with specific profit targets and risk constraints, followed by a verification phase with less stringent profit targets but the same risk rules.
- Phase 1 Profit Target: Typically 10%
- Phase 2 Profit Target: Typically 5%
- Daily Drawdown Limit: Fixed percentage of starting balance
- Maximum Drawdown: Cumulative limit below the initial or peak balance
- Time Limit: Traders are generally given a fixed number of calendar days to complete each phase
- Minimum Trading Days: Traders must trade for a minimum number of days to pass each phase
Funding Pips
Funding Pips also uses a two-step evaluation model with similar rules:
- Phase 1 Profit Target: 10%
- Phase 2 Profit Target: 5%
- Daily Drawdown Limit: Usually set as a percentage of the starting equity
- Maximum Drawdown: Total allowable loss before account termination
- Time Limit: Set number of calendar days to complete each phase
- Minimum Trading Days: Fixed number of required active trading days
Although both firms use a nearly identical two-phase evaluation structure, the specific drawdown limits and enforcement rules may vary slightly, depending on account size and product options.
Account Sizes and Pricing
Blueberry Funded
Blueberry Funded offers a range of account sizes. The most commonly available options include:
- $25,000
- $50,000
- $100,000
The pricing for these accounts varies according to the evaluation difficulty and account size. The fees are a one-time payment and are non-refundable in the case of failure.
Funding Pips
Funding Pips offers the following account sizes:
- $25,000
- $50,000
- $100,000
- $200,000
Funding Pips is recognized for offering one of the more cost-effective fee structures among prop firms, with prices scaled to account size. The evaluation fee is also non-refundable unless otherwise stated.
Trading Platforms
Blueberry Funded
Blueberry Funded provides access to:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
These platforms are accessible through desktop, mobile, and web interfaces. Blueberry Funded uses a broker infrastructure with live market data and execution through its affiliated brokerage.
Funding Pips
Funding Pips also supports:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
The firm offers trading conditions that simulate real market execution, with demo accounts linked to real-time data feeds.
Both firms operate using simulated (demo) trading environments during evaluations and funded phases but base execution on live market conditions.
Instruments Available
Blueberry Funded
Traders can access a wide variety of instruments including:
- Forex currency pairs
- Indices
- Commodities (e.g., gold, oil)
- Cryptocurrencies
- Select CFDs
Instrument availability may depend on the chosen trading platform and account type.
Funding Pips
Funding Pips also offers a broad range of tradeable instruments:
- Forex pairs
- Stock indices
- Metals and energy commodities
- Cryptocurrencies
Both firms provide access to similar instrument categories, though the exact spreads, execution times, and leverage options may differ.
Leverage and Risk Parameters
Blueberry Funded
Leverage typically offered is:
- 1:100 on major forex pairs
- Lower leverage on indices, metals, and cryptocurrencies
Risk rules are strictly enforced. Breaching the daily or maximum drawdown leads to immediate account disqualification.
Funding Pips
Standard leverage options include:
- 1:100 for forex
- Reduced leverage for other asset classes
Funding Pips has a defined daily loss limit and maximum drawdown rule. Violating these results in termination of the challenge or funded account.
Profit Splits and Payouts
Blueberry Funded
Once traders pass both phases and receive a funded account, they are eligible for profit splits. The profit share typically starts at 80%, with the remaining 20% retained by the firm.
Payouts are processed monthly, contingent on compliance with risk rules and profit withdrawal minimums. Traders may request withdrawals after a fixed number of trading days or after reaching a specific threshold.
Funding Pips
Funding Pips also offers an 80% profit split, with options to increase the split based on performance or long-term tenure.
Payout frequency is generally monthly, with an initial lock-in period during the first trading cycle. After meeting the minimum trading and profit requirements, traders can request payouts.
Scaling Plans
Blueberry Funded
Blueberry Funded includes an account scaling plan that allows successful traders to increase their funded capital over time. Traders must meet profitability and risk criteria consistently over multiple periods to qualify for scaling.
Funding Pips
Funding Pips also offers a scaling plan, designed to increase trader account size incrementally. Eligibility is based on consistent profitability and adherence to risk management protocols.
Trading Restrictions
Blueberry Funded
The firm prohibits certain strategies, including:
- High-frequency trading via external automation tools
- Tick scalping and arbitrage
- Use of martingale or grid strategies
Trading during specific high-impact news events may be restricted. The firm provides a list of forbidden practices within its rules.
Funding Pips
Funding Pips maintains a similar stance on restricted strategies:
- No martingale or grid systems
- No latency arbitrage
- No use of external copy-trading software unless explicitly approved
Certain news trading restrictions may apply, especially during major economic announcements.
Customer Support and Platform Reliability
Blueberry Funded
Support is offered via email and live chat. The firm also provides onboarding material, educational resources, and a trader dashboard for performance monitoring.
Funding Pips
Funding Pips also offers responsive support via chat and email. Traders receive access to an account portal to track metrics, evaluate compliance, and monitor results.
Both firms maintain stable platform environments and utilize modern technology infrastructure to minimize downtime and ensure reliable execution.
Key Differences
While both firms offer similar funding models, a few distinctions exist:
- Platform Integration: Blueberry Funded uses infrastructure tied to its brokerage, whereas Funding Pips is brokerage-agnostic.
- Account Sizes: Funding Pips offers higher initial account sizes, including $200,000.
- Pricing Models: Funding Pips is often recognized for more competitive pricing for comparable account sizes.
- Rule Transparency: Both firms publish rules clearly, but Funding Pips is frequently cited for fewer trading restrictions.
Conclusion
Blueberry Funded and Funding Pips both offer viable paths for traders to access funded capital through evaluation-based challenges. They share core features such as two-phase evaluations, 80% profit splits, and access to MetaTrader platforms. However, key differences in account size options, platform affiliation, and pricing structure distinguish them operationally. Traders seeking funded opportunities should evaluate the specific terms, rules, and pricing of each firm to determine which aligns more closely with their trading strategy and goals.
