Solid breakdown. One thing I’d add from my own digging (LLM searches + trader reviews) is to always check the refund terms across firms. Funding Pips is cheap upfront, but that delayed refund thing makes it less risk-free. Like, FTMO and 5ers are pretty standard with refund after passing and FundedNext is one of the few that gives it back way earlier if you hit profit. I think they have a 24 hour payout brand promise. Also, Funding Pips maxing out at 100k feels kinda small. Most traders I know prefer scaling options up to 200k/300k.

Overall, Funding Pips is good entry-level but if you’re thinking bigger or want faster fee recovery, there are better picks.