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FundingPips

4.5
31,000+ reviews

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About FundingPips

FundingPips is a fast-growing proprietary trading firm founded in 2022 in the United Arab Emirates (Dubai), active for 3+ years. They offer traders the opportunity to trade CFDs with company capital through their evaluation challenges, partnering with regulated brokers. FundingPips provides trading on platforms including cTrader, MT5, and Match Trader, with assets including Crypto, Energy, FX, Indices, and Metals. They offer multiple account types including Zero Plan (instant funding - no evaluation required), 1-Step Evaluation, 2-Step Evaluation, and 2-Step Pro programs, with account sizes ranging from $5,000 to $100,000 (scalable up to $2 million). FundingPips is known for transparent rules, competitive pricing, trader-focused approach, very low commissions and spreads, and fast payouts. They have thousands of traders from 195 countries and maintain a Trust Pilot rating of 4.5 based on 31,000+ reviews.

Year Founded2022
CountryAE flagUnited Arab Emirates
CurrencyUSD

Markets

commoditiescryptoforexindices

Platforms

C
cTrader
cTrader
MT
Match Trader
Match Trader
M
MT5
MT5

Payment Methods

CryptoCredit CardDebit CardNetellerPaysafe CardBank TransferSkrillApple PayGoogle Pay

Payout Methods

RiseCrypto

Rules

Time Limit

There is unlimited time to complete challenges. This flexible approach allows traders to trade at their own pace without pressure.

Copy Trading

Copy trading is NOT permitted on FundingPips accounts:

  • Copy trading is not allowed on all programs
  • Only allowed to use a FundingPips account as a master to an external slave account
  • Copy trading between FundingPips accounts is prohibited

News Trading

News trading rules vary by account stage:

  • Evaluation Phase (1-Step, 2-Steps, 2-Steps Pro): News trading is allowed
  • Funded Stage (Master Accounts): Positions cannot be opened or held 5 minutes before and after high-impact news events

This rule applies to Master accounts only.

Account Types

FundingPips offers multiple account types:

Zero Plan (Instant Funding):

  • No evaluation required - start trading immediately
  • Steps: 0 (instant access)
  • Maximum daily loss: 3%
  • Maximum drawdown: 5% trailing
  • Minimum trading days: 7 (with at least 0.25% profit per day)

1-Step Evaluation:

  • Single evaluation phase
  • Profit target: 10%
  • Maximum daily loss: 4%
  • Maximum drawdown: 6% trailing
  • Minimum trading days: 3

2-Step Evaluation:

  • Phase 1: 8% profit target
  • Phase 2: 5% profit target
  • Maximum daily loss: 5%
  • Maximum drawdown: 10%
  • Minimum trading days: 3

2-Step Pro:

  • Similar to 2-Step but with enhanced features
  • Profit targets: 8% then 5%
  • Maximum daily loss: 5%
  • Maximum drawdown: 10%

Profit Targets

Profit targets vary by account type:

Zero Plan (Instant Funding):

  • No profit target required (instant access)

1-Step Evaluation:

  • Profit target: 10%

2-Step Evaluation:

  • Phase 1: 8% profit target
  • Phase 2: 5% profit target

2-Step Pro:

  • Phase 1: 8% profit target
  • Phase 2: 5% profit target

Expert Advisors

The use of Expert Advisors (EAs) is restricted on FundingPips accounts:

  • Risk management or trade management EAs are allowed on all models
  • Third-party EAs are NOT allowed on any program
  • EAs must comply with trading conditions

Maximum Daily Loss

Maximum daily loss limits vary by account type:

  • Zero Plan: 3% (Master accounts: no single trade loss may exceed 3% of initial account size)
  • 1-Step Evaluation: 4%
  • 2-Step Evaluation: 5%
  • 2-Step Pro: 5%

This is calculated based on the balance/equity - highest at EOD.

Maximum Total Loss

The maximum total loss (drawdown) varies by account type:

  • Zero Plan: 5% trailing drawdown
  • 1-Step Evaluation: 6% trailing drawdown
  • 2-Step Evaluation: 10%
  • 2-Step Pro: 10%

Drawdown type varies by account (trailing or static).

Minimum Trading Days

Minimum trading days vary by account type:

  • Zero Plan: 7 trading days required (with at least 0.25% profit per day)
  • 1-Step, 2-Step, 2-Step Pro: 3 trading days required
  • Time Limit: Unlimited time for challenges

A trading day is defined as a day where at least one position is opened.

Prohibited Strategies

FundingPips prohibits certain trading practices:

  • Copy trading (except master to external slave)
  • Third-party EAs
  • Trading during restricted news windows (Master accounts)
  • Other practices deemed inappropriate

Stop Loss Requirements

Stop losses are NOT required on FundingPips accounts. However, traders are encouraged to use proper risk management.

Lot Limits (Master Accounts)

FundingPips has lot size limits for Master accounts:

  • 1-Step Master Account: Maximum of 10 lots per day (exceeding this closes all trades until the next day)
  • Limits help manage risk and prevent overexposure

Weekend and Overnight Holding

Weekend holding and overnight holding are permitted on FundingPips accounts:

  • Traders can hold positions over weekends and overnight
  • Subject to swap/financing charges
  • This flexibility allows for swing trading strategies

Leverage

FundingPips offers leverage that varies by account type and instrument:

Leverage by Account Type:

  • 2-Step Challenges: Up to 1:100 for Forex pairs
  • 1-Step Challenges: Varies by plan
  • Zero Plan: Varies by plan

Leverage by Instrument:

  • Forex pairs: Up to 1:100 (2-step challenges)
  • Metals: 1:30
  • Indices: 1:20
  • Cryptos: 1:2

Important Considerations:

  • Leverage increases both potential profits and risks
  • Leverage is applied automatically based on instrument
  • Higher leverage requires careful risk management
  • Leverage varies significantly between account types

Payout Policy

Fee Refund

The evaluation fee is refundable with FundingPips:

  • Fee is refunded upon the 4th successful withdrawal
  • This applies to most evaluation plans
  • Check your specific plan details for refund conditions

Profit Split

FundingPips offers competitive profit splits:

  • Standard Profit Split: 80% to traders
  • Scaling Plan (Hot Seat): Up to 90% profit split
  • Elite Traders (Hot Seat): Up to 100% profit split (on-demand withdrawals)
  • Zero Plan with Scaling: Up to 100% profit split

Profit split increases through the scaling plan and Hot Seat program.

Scaling Plan

FundingPips offers a scaling plan:

  • Traders can scale up to $2 million
  • Scaling requires consistent performance and meeting specific criteria
  • Profit split increases with scaling (up to 90% or 100%)
  • Hot Seat program offers elite traders on-demand payouts at 100% split

This allows consistent performers to grow their capital significantly.

Payout Methods

FundingPips offers payout methods:

  • Rise - Digital payment platform
  • Cryptocurrency - Crypto payments

Multiple payment options provide flexibility for traders worldwide.

Payout Frequency

FundingPips offers flexible payout options:

  • Standard: Bi-weekly (every 14 days)
  • Weekly: Available for some account types
  • On-Demand: Available for Elite traders in the Hot Seat program
  • First Payout: Available 14 days after the first trade on a funded account
  • Processing Time: Very fast, with payouts requested every Tuesday, processing as fast as same day or up to four trading days

Payout frequency increases with account tier and performance.

Restricted Countries

  • Iran
  • United Arab Emirates
  • Vietnam

Frequently Asked Questions about FundingPips