Introduction

In the world of forex and prop trading, two names have recently grabbed traders' attention — FundedFirm and Summit Strike. Both promise to help skilled traders gain access to large trading capital without risking their own money. But which one truly delivers in 2025? Let's dive deep into a detailed comparison of FundedFirm vs Summit Strike to help you make the smartest choice.

 


 

Understanding Prop Trading Firms

What is a Prop Firm?

A prop trading firm (short for proprietary trading firm) funds traders with company capital in exchange for a share of the profits. Instead of risking your own money, you prove your trading skills through evaluations.

How Prop Trading Works

Here's how it typically goes:

  1. A trader buys a challenge account.

  2. They must meet profit targets without breaking drawdown rules.

  3. Once they pass, the firm funds them with real capital.

  4. Profits are shared — usually 80/20 or 90/10 in favor of the trader.

Sounds simple? Yes — but the rules and payout systems can make a huge difference.

 


 

Overview of FundedFirm

Background and Vision

FundedFirm aims to make prop trading accessible, transparent, and rewarding for global traders. It’s known for fair evaluations, generous profit splits, and quick payouts.

Key Features

  • Fast 1-step and 2-step evaluation models

  • Up to 90% profit split

  • No hidden fees or surprise rules

  • Supports forex, indices, commodities, and crypto

  • Payouts available via crypto or bank transfer

  • Strong focus on trader-friendly rules

FundedFirm is quickly gaining recognition as one of the best prop trading firms in India and beyond.

 


 

Overview of Summit Strike

Company Overview

Summit Strike is another emerging prop firm offering traders funded accounts after completing evaluation challenges. They emphasize discipline and consistency, appealing to traders who prefer structure.

Unique Offerings

  • Step-by-step trading evaluations

  • Strict but clear rules

  • Dedicated support system

  • Profit splits up to 85%

  • Multiple account tiers for different trading levels

While Summit Strike rewards consistent traders, it can feel restrictive for those who prefer flexibility.

 


 

Comparison Table: FundedFirm vs Summit Strike

Feature

FundedFirm

Summit Strike

Profit Split

Up to 90%

Up to 85%

Evaluation Phases

1-Step & 2-Step

2-Step

Leverage

1:100

1:50

Minimum Payout Days

7 days

14 days

Refund on Challenge

Yes (after passing)

Partial

Platforms Supported

MT4, MT5, cTrader

MT4

Support

24/7 Live Chat

Email & Ticket Only

Scaling Plan

Yes

Limited

Trade Instruments

Forex, Indices, Crypto

Forex only

Ideal For

Aggressive & Flexible Traders

Consistent & Rule-based Traders

 


 

Account Types and Evaluation Phases

FundedFirm’s Evaluation Model

FundedFirm provides traders with two challenge types:

  • 1-Step Challenge: Simple, pass once, and start trading real capital.

  • 2-Step Challenge: Standard model with moderate profit targets and drawdown limits.

This flexibility attracts both new and experienced traders.

Summit Strike’s Evaluation Model

Summit Strike uses a 2-step process only. Traders must hit profit targets and maintain risk control over both stages — suitable for disciplined traders who prefer structure.

 


 

Profit Split and Payout System

How FundedFirm Pays Traders

With up to 90% profit share and weekly payouts, FundedFirm ensures traders get rewarded fast. The first payout can be requested after 7 trading days.

Summit Strike’s Payout Process

Summit Strike offers an 85% profit split, with payouts every two weeks. While reliable, it’s slightly slower compared to FundedFirm’s system.

 


 

Trading Rules and Restrictions

FundedFirm’s Trading Rules

  • No time limit to hit profit targets

  • Weekend trading allowed

  • News trading permitted

  • Daily drawdown: 5%

  • Overall drawdown: 10%

Summit Strike’s Rules and Flexibility

  • Trading during major news restricted

  • Weekend holding not allowed

  • Time-limited evaluations

  • Stricter drawdown control

FundedFirm clearly wins for flexibility here.

 


 

Leverage and Capital Allocation

FundedFirm provides leverage up to 1:100, giving traders more freedom to use strategies like scalping or swing trading.
Summit Strike limits leverage to 1:50, focusing on conservative approaches.

 


 

Scaling Plans and Growth Opportunities

Both firms offer scaling, but FundedFirm's scaling program allows traders to double their capital every three months based on performance — reaching up to $2 million. Summit Strike's growth plan is smaller, capping around $500,000.

 


 

Trading Platforms Supported

FundedFirm supports MT4, MT5, and cTrader, appealing to traders across various styles.
Summit Strike is limited to MT4, which might feel outdated to some.

 


 

Customer Support and Community Engagement

FundedFirm offers 24/7 live chat support and an active trader community on social media.
Summit Strike mainly uses email support, which can be slower during high-traffic periods.

 


 

Trader Reviews and Reputation

Traders often praise FundedFirm for fast payouts, easy communication, and fair challenges.
Summit Strike, on the other hand, earns credit for its disciplined approach but faces criticism for rigid rules and limited platforms.

 


 

Which Firm is Better for Beginners?

If you're new to trading, FundedFirm is more beginner-friendly thanks to flexible rules, higher leverage, and simple evaluations.
Summit Strike suits traders who already have a strict strategy and risk control in place.

 


 

Final Verdict: FundedFirm vs Summit Strike

Both firms have unique strengths:

  • Choose FundedFirm if you value freedom, quick payouts, and growth potential.

  • Choose Summit Strike if you prefer structure, discipline, and a traditional approach.

However, in 2025, FundedFirm stands out as the more versatile and trader-friendly choice.

 


 

Conclusion

In the FundedFirm vs Summit Strike battle, the winner depends on your trading style. FundedFirm dominates in flexibility, payouts, and trader experience, while Summit Strike appeals to disciplined, rule-driven traders. For those seeking freedom, rewards, and fast growth — FundedFirm clearly leads the race.

 


 

FAQs

1. Which prop firm offers a better profit split?

FundedFirm offers up to 90% profit split, higher than Summit Strike's 85%.

2. Can I trade crypto with both firms?

Only FundedFirm allows crypto trading; Summit Strike is limited to forex.

3. How long does it take to get paid?

FundedFirm offers payouts after 7 days; Summit Strike after 14.

4. Which is better for beginners?

FundedFirm is more beginner-friendly due to flexible rules and no time limits.

5. Do both firms offer scaling plans?

Yes, but FundedFirm's scaling potential is significantly higher, up to $2 million.