Funding Pips Review

Pros

  • Excellent Trustpilot rating of 4.4/5
  • Five Unique Funding Programs
  • Professional Trader Dashboard
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
  • Leverage up to 1:100
  • No Maximum Trading Day Requirements
  • Scaling Plan
  • Scaleable Daily & Maximum Drawdown
  • Maximum Drawdown Scaling
  • Maximum Daily Drawdown Scaling
  • First Payout on the First Tuesday
  • Payout Cycle as Early as Every Tuesday
  • On-demand Payouts with Two-step X Evaluation
  • Profit Share of 60% up to 100% on Two-step Evaluation
  • Monthly Salary By Qualifying For Hot Seat (Except Two-step X Evaluation)
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed (During Evaluation)
  • Affordable Evaluation Program Prices

Cons

  • Evaluation Program has Equity-based Drawdown
  • Two-step X Evaluation Has a Consistency Score
  • Withdrawal Requirement of 1%
  • Hedging is Prohibited

Funding Pips It believes traders go through three fundamental stages in their professional development, namely, Student, Practitioner, and Master. Traders can generate significant profits with the freedom to handle accounts of up to $100,000 and take up to 100% profit splits. All these can be done via trading a multitude of financial instruments, such as forex pairs, commodities, indices, and cryptocurrencies.

Who are Funding Pips?

Funding Pips is a proprietary trading firm that has the following legal name: ANKH PROP โ€“ FZCO, and the company was incorporated on 25th August 2022. It is located in Dubai, United Arab Emirates, and it is managed by Khaled Ayesh, CEO. Funding Pips allow traders to select from any of five account types, three two-step evaluations, one one-step evaluation, and a three-step evaluation while being partnered with a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.

Funding Pips headquarters are located at IFZA Business Park, Premises NO. 19448-001, Dubai, United Arab.

Who is the CEO of Funding Pips?

Khaled Ayesh is the CEO of Funding Pips. Note that we will be adding more information about their CEO in the future. Stay tuned!

Funding Program Options

FUNDING PROGRAMMES For all its traders, Funding Pips offers five exclusive funding program options:

Two-step Evaluation
Two-step Plus Evaluation
Two-step X Evaluation
One-step Evaluation
Three-step Evaluation

Two-step Evaluation

Funding Pips Two-step Evaluation presents opportunities for traders to work with account sizes of $5,000 and over $100,000. The goal is to determine talented, profitable traders who can effectively keep risk under control during the two-step evaluation process. Using the Two-step Evaluation, you are able to trade with leverage up to 1:100.

Account SizePrice
$5,000$36
$10,000$66
$25,000$156
$50,000$266
$100,000$444

The first phase of evaluation necessitates that a trader should hit an 8% profit not exceeding the trader’s 5% maximum daily loss or 10% maximum loss rules. In regard to time constraints, observe that you are not subject to any maximum trading day requirements during the initial phase. However, you must trade at least three trading days to advance into the second phase.

In the second phase of evaluation, a trader must achieve a profit target of 5% but not exceed his 5% maximum daily loss or 10% maximum loss rules. As far as time constraints are concerned, remember that you have no maximum trading day requirements during phase two. But you must trade at least three trading days to advance into a funded account.

Only after completing both phases of evaluation are you rewarded with a funded account with the minimum withdrawal amount set at 1% of the initial account balance. You have to obey only the restrictions on maximum daily loss and maximum loss being up to 5% and 10%. Your profit on your funded account will determine your profit split, which is 60% up to 100%, while the remainder is split by the company, and you can request a payout from your funded account any time after generating your first profit on the first Tuesday. This way, all the subsequent payouts can be requested every single Tuesday after all these conditions are met. Requesting payouts every Tuesday will resolve in a 60% profit split, bi-weekly payouts resolve in an 80% profit split, and monthly payout cycles will resolve in a 100% profit split.

Two-step Evaluation Scaling Plan

Two-step Evaluation also has a scaling plan. You will receive an account increase as well as daily and maximum drawdown increases based on the number of payouts you successfully qualify for and based on the profit that you secured while funded.

Example:
With 4 consecutive payout, and a total profit of 10%, you qualify for a 20% bonus from the initial account balance. Max drawdown grows to 11%. The Daily lot limit increases by 10 lots to a maximum of 20 lots per day.

When you make 8 successful payouts and a 20% total profit, you will qualify for a 30% increase based on the initial account balance. Daily drawdown increases to 6%, while maximum drawdown increases to 12%. You receive an increase in the daily lot limit, which now is 10 additional lots up to 30 lots a day.

After 12 successful payouts and a 30% total profit, you will be qualified for a 40% increase based on the initial account balance. Maximum drawdown increases to 13%. The limit on lot size per day increases by 10 lots, up to a maximum of 40 lots per day.

After 16 successful payouts and a 40% total profit, you will be qualified to enter the Hot Seat. This will provide you with a wide range of unique benefits:

Double the deposit

Personal support and access to advanced trading tools

On-demand payout

Profit split is boosted up to 100%

Potential access to as much as $2,000,000 once scaling your account can be done multiple times

Trading conditions are customized exactly to your own unique trading style

Daily drawdown boost up to 7%

Maximum drawdown increases to 14%

Increase in daily lot limit – up by 10 lots, maximum of 50 lots per day

Monthly bonuses as seen in the following spreadsheet

Account SizeMonthly Bonus (Hot Seat Status)
$5,000$100
$10,000$200
$25,000$300
$50,000$400
$100,000$500

Two-step Evaluation Trading Rules & Objectives

Profit Target โ€“ Traders must make a minimum amount of profit necessary to succeed with an evaluation phase and withdraw profits or increase the size of their trading accounts. Profit target for Phase 1 is 8%. The profit target requirement for Phase 2 is 5%. The withdrawal requirement for Funded accounts is 1%.

Maximum Daily Loss โ€“ The maximum loss limit a trader is allowed to lose in one trading day without breaching the account. All account sizes have a maximum daily loss of 5%. (Scaleable up to 7%)

Maximum Loss โ€“ The amount that a trader is permitted to lose before closing an account. All accounts have a maximum loss of 10%. (Can scale up to 14%)

Minimum Trading Days โ€“ The minimum number of trading days that you must trade before completing a successful evaluation cycle. Both evaluation cycles require at least 3 trading days.

No Hedging โ€“ Traders are not allowed to use any hedging tactic in their trading.

No News Trading – Trading is not allowed during high impact news. This means that entry into new trades or closure of existing trades on the particular instrument is barred during the 5-minute window both before and after the release of some specific news. (Only for funded accounts).

Two-step Plus Evaluation

Funding Pips Two-step Plus Evaluation allows traders to have accounts ranging in size from $5,000 up to $100,000. The objective is to find the best trading talent who can be profitable and assume risk in an appropriate manner across the two-step evaluation period. You can trade with leverage up to 1:100 with the Two-step Plus Evaluation.

Account SizePrice
$5,000$69
$10,000$109
$25,000$249
$50,000$450
$100,000$799

Phase one evaluation shall mandate a trader to make a profit at 8% and not to exceed his or her 5% maximum daily loss rules and 10% maximum loss rule. As far as the time constraints, note that you do not have to make a minimum of trading days during phase one. However, you are mandated to make a minimum trading of two trading days to move on to phase two.

Phase two of evaluation calls for a trader to hit a profit target of 5% without violating their maximum loss rules, including 5% maximum daily loss or 10% maximum loss. Regarding time constraints, remember that you will have no maximum trading day restrictions as phase two progresses. But you will need to trade at least two consecutive trading days to advance to the funded account.

By completing both evaluation phases, you are granted a funded account where you have a minimum withdrawal amount of 1% of the initial account balance. You only have to respect the rules where there is a 5% maximum daily loss and a 10% maximum loss. Your first payout can be requested from your funded account after 5 calendar days, while all the following payouts can also be requested every 5 calendar days. That is, you’ll be compensated by 80% of the profit you generate through your funded account.

Two-step Plus Evaluation Scaling Plan

It has a scaling plan for Two-step Plus Evaluation too. In addition to account increase, you will receive daily and maximum drawdown increases based on the number of payouts you successfully qualify for and based on the profit that you secured while funded.

After 4 successful payouts with a 10% total profit you will be eligible for a 20% increase based on your starting account balance. Maximum drawdown increases to 11%. The daily lot limit raises by 10 lots up to 20 lots per day.

At the 8th payout, you qualify for the first increase, which is 30% with a 20% total profit from the initial account balance. Daily drawdown increases to 6%, and maximum drawdown increases to 12%. The daily lot limit increases by 10 lots, up to 30 lots per day.

12 payouts in a row, with the total profit standing at 30%, will give you an eligible 40% increase based on the balance amount of the account. The maximum drawdown will increase to 13%. The number of daily lots will increase by 10, reaching up to 40 lots per day.

16 payouts in a row, and a total profit is 40%, you will automatically qualify for the Hot Seat, where you’ll be rewarded with a variety of exclusive advantages.

Double the initial account balance

Personal support and access to advanced trading tools

Access to on-demand payouts

Increased profit split to 100%

Potential access up to $2,000,000 by successfully scaling your account numerous times

Customized trading conditions tailored precisely to your unique trading style

Daily drawdown increases to 7%

Maximum drawdown increases to 14%

The daily lot limit increases by 10 lots, up to 50 lots per day.

Monthly bonuses (can be viewed in the spreadsheet below)

Account SizeMonthly Bonus (Hot Seat Status)
$5,000$100
$10,000$200
$25,000$300
$50,000$400
$100,000$500

Two-step Plus Evaluation Trading Rules & Objectives

Profit Target โ€“ Traders have to make a specified profit percentage to complete a cycle of an evaluation phase, withdraw the profits, or scale up their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts require a 1% withdrawal requirement.

Maximum Daily Loss โ€“ The maximum loss limit a trader is permitted to lose in any one trading day without breaching the account. All account sizes have a maximum daily loss of 5%. (Scaleable up to 7%)

Maximum Loss โ€“ The maximum loss limit a trader is permitted to lose overall without breaching the account. All account sizes have a maximum loss of 10%. (Scaleable up to 14%)

Minimum Trading Days โ€“ The minimum number of days you must trade before completing an evaluation period successfully. The two evaluation periods both have a minimum trading day requirement of 2 days.

No Hedging โ€“ No trader is allowed to hedge in any way during the trading period.

No News Trading โ€“ The firm does not allow trading when high-impact news is released. This simply means that entering new trades or closing outstanding trades of the said asset are not allowed 5 minutes before and after the announcement of certain news. (Only on funded accounts)

Two-step X Evaluation

Funding Pips Two-step X Evaluation gives traders the chance to control account balances of as little as $5,000 or as large as $100,000. The target is to find good, profitable traders who can effectively manage risk during the two-step evaluation period. Under the Two-step X Evaluation, you may trade with a maximum leverage of 1:50.

Account SizePrice
$5,000$32
$10,000$60
$25,000$150
$50,000$250
$100,000$399

What is needed from the trader at evaluation phase one is that he realizes a 10% profit and not to exceed his 4% maximum loss of the day or his 8% maximum loss rules. Concerning time constraints, do not forget that there is no limit on the number of trading days you should not exceed during phase one, but you must trade a minimum of three trading days to make it into phase two.

The profit target of phase two is when a trader reaches 8% while not exceeding his loss rules of 4% maximum loss on any trading day or 8% maximum loss rules. As far as time restrictions, note that you have no restriction about the trading day in this phase. But you must trade at least three trading days to progress to a funded account.

Upon completing both evaluation phases, you’re given a funded account in which you have a minimum withdrawal amount of 1% of the initial account balance. You only need to respect the 4% maximum loss per day or 8% max loss. The first payout on your funded account will be on-demand once you have hit the minimum withdrawal amount of 1% and if the 45% consistency score is attained, while other withdrawals will also be accepted for on-demand after meeting the minimum withdrawal amount of 1% as well as the time your 45% consistency criteria is attained. Your profit split will be 80% from the profit you make on your funded account.

Two-step X Evaluation Scaling Plan

Two-step X Evaluation doesnโ€™t have a scaling plan.

Two-step X Evaluation Trading Rules & Objectives

Profit Target โ€“ Traders have to gain a specific profit percentage in order to pass an evaluation round, withdraw their profits, or increase their trading account. A profit target of 10% for Phase 1 and an 8% profit target in Phase 2 was required. Funded accounts require a minimum withdrawal of 1%.

Maximum Daily Loss โ€“ The maximum amount a trader is allowed to lose in one trading day without having reached the account. All accounts have a maximum daily loss of 4%. (Scaleable up to 6%)

Maximum Loss โ€“ The maximum amount a trader is allowed to lose throughout without having reached the account. All accounts have a maximum loss of 8%. (Scaleable up to 12%)

Minimum Trading Days โ€“ The minimum number of days by which you must trade in order to successfully complete an evaluation period. Both evaluation periods are a minimum of 3 trading days.

No Hedging โ€“ No form of hedging strategy is permitted for use at any time during a trader’s trading activities.

No News Trading โ€“ Trades cannot be executed during high-impact news releases. This means the execution of new positions or liquidation of open positions on the traded instrument is not allowed within 2 minutes of either of these time instances before and after the release of specific news. (Only on funded accounts)

No Weekend Holding โ€“ Traders are not allowed to hold trades during the weekend, and therefore all trades should be closed before the Friday market close. Only applies to funded accounts.

Consistency Rule Requires traders to be consistent across different parameters such as position sizes, risk management, losses, gains and more. This means that the account results should not show extreme fluctuations in their attributes. Your highest profit from any trading day should not make up more than 45% of all profits. This applies to evaluation phases also once you achieve the funded status.

One-step Evaluation

Funding Pips One-step Evaluation offers to the trader managing account sizes starting from $5,000 and up to $100,000. The goal is to spot disciplined traders being profitable and who can handle risks well in the course of a one-step evaluation period. You can trade with leverage up to 1:50 in the One-step Evaluation.

Account SizePrice
$5,000$59
$10,000$99
$25,000$199
$50,000$299
$100,000$499

During the evaluation phase, a trader needs to achieve 10% profit and meet other rules such that the loss realized is not exceeding 4% maximum daily loss or 6% maximum loss. Regarding time constraints, note that you have no specific maximum trading days requirement for phase one. Nonetheless, you are obliged to trade with at least three trading days in order to qualify for the funded account.

After you finish the evaluation phase, you are granted an account with a minimum of 1% withdrawable balance of your original account balance. Other than that, you’ll only have to adhere to the rules of the maximum daily loss of 4% and the maximum loss of 6%. First payout can be requested after generating a profit on the first Tuesday from your funded account and following payouts can also be requested every single Tuesday if all those criteria are met. Profit Split from trading You will have the profit split will be 80% up to 100% based on profit you make on the funded account.

One-step Evaluation Scaling Plan

One-step Evaluation also has a scaling plan. You will get an account increase depending on the number of payouts you qualify successfully and depending on the profit you made while funded.

Example:

After making a successful payout after 4 payouts and achieving a total profit of 10%, you will qualify for 20% of the increase using the opening balance of the account. Daily lot limit increases by 10 lots, up to 20 lots per day.

You would qualify for an increase of 30% on your initial account balance, after 8 successful payouts, combined with a total profit of 20%. The lot limit increases by 10 up to 30 lots per day.

After 12 successful payouts and a 30% total profit, you will qualify for a 40% increase based on the initial account balance. Your daily lot limit will rise by 10 lots, to up to 40 lots per day.

After 16 successful payouts and a 40% total profit, you will qualify for the Hot Seat, offering you a variety of exclusive advantages: double the initial account balance.

Personal support and access to advanced trading tools

Access to on-demand payouts

Increased profit split to 100%

Potential access up to $2,000,000 by successfully scaling your account numerous times

Customized trading conditions tailored precisely to your unique trading style

Daily drawdown increases to 6%

Maximum drawdown increases to 10%

The daily lot limit increases by 10 lots, up to 50 lots per day.

Monthly bonuses (can be found in the table below)

Account SizePMonthly Bonus (Hot Seat Status)rice
$5,000$100
$10,000$200
$25,000$300
$50,000$400
$100,000$500

One-step Evaluation Trading Rules & Objectives

Profit Target โ€“ Traders have to meet a stated profit percentage to successfully conclude an evaluation phase, withdraw winnings or enhance their trading account.The profit target for the evaluation phase is set at 10%. Funded accounts require a 1% withdrawal threshold.

Maximum Daily Loss โ€“ The maximum amount of loss allowed by a trader in one trading day without violating the account. Every account size allows a maximum daily loss at 4%. (Scaleable up to 6%)

Maximum Loss โ€“ The overall maximum allowed loss on the part of the trader without violating the account. Every account size has a maximum loss of 6%. (Scaleable up to 10%)

Minimum Trading Days โ€“ The minimum number of days during which you must trade before you successfully complete an evaluation phase. The minimum trading days for the evaluation phase is 3 days.

Daily Lot Size Limit โ€“ A limit of how many lots are allowed on each trading day for each individual. Traders are bound by the 10 daily lot limit rule, which implies that they may open up to 10 lots per trading day. In case it exceeds this amount, every open trade will be closed, and you will not be able to make further trades until the next day. Available only on funded accounts.

No Hedging โ€“ Traders are not allowed to use any type of hedging strategy in the course of their trading.

No News Trading – Trading is not allowed during high-impact news releases. This means the initiation of new trades, or the liquidation of trades on the applicable instrument, shall not be allowed within the 2-minute window both before and after the release of specific news. (Only on funded accounts)

Three-step Evaluation

Funding Pips Funding Pips Three-step Evaluation offers a chance of account size management from $10,000 to $100,000. It targets traders who are disciplined and profitable. They can also manage the risk competent enough in the three-step evaluation process. With Three-step Evaluation, you can trade with leverage up to 1:50.

Account SizePrice
$10,000$59
$25,000$139
$50,000$219
$100,000$349

In the evaluation phase one, the trader is obligated to score a profit of 5% which will not exceed a maximum loss of 4% within any given trading day or the 6% maximum loss rule. As far as time limitations are concerned, keep in mind that you have no maximum trading day requirements for phase one. Instead, you are expected to trade at least three trading days if you wish to proceed to phase two.

In phase two of evaluation, you will need to hit a profit target of 5% without exceeding either your 4% maximum daily loss or 6% maximum loss rules. Now, concerning time restraints, know that you are under no requirements for a maximum trading day limit in phase two; however you are mandated to trade at least three days to move into phase three.

Phase three of the evaluation phase also demands that the trader reach a 5% profit target without exceeding their 4% maximum daily loss or 6% maximum loss rules. Time limits During this phase, you must note that you do not have any maximum trading day requirements but you will have to trade a minimum of three trading days to get access to a funded account.

Then, by passing all three stages of evaluation, you will be given a funded account with at least a 1% minimum withdrawable balance of the original account balance. You will only need to abide by the 4% maximum loss rule per day and the 6% rule for the total maximum loss. You can request your first payout from a funded account after you generate a profit on the first Tuesday, while all the following payouts can also be requested every single Tuesday if all the criteria are met. The profit split of YourProfitShare will be determined 80% up to 100% based on the profit you make on your funded account.

Three-step Evaluation Scaling Plan

Three-step Evaluation also has a scaling plan. You will receive an account increase based on the number of payouts you successfully qualify for and based on the profit that you secured while funded.

Example:

After 4 successful payouts and a 10% total profit, you will qualify for a 20% increase based on the initial account balance. The daily lot limit increases by 10 lots, up to 20 lots per day.

After 8 successful payouts and a 20% total profit, you will qualify for a 30% increase based on the initial account balance. The daily lot limit increases by 10 lots, up to 30 lots per day.

After 12 successful payouts and a 30% total profit, you will qualify for a 40% increase based on the initial account balance. The daily lot limit increases by 10 lots, up to 40 lots per day.

After 16 successful payouts and a 40% total profit, you will qualify for the Hot Seat, which will provide you with an array of unique benefits:

  • Double the initial account balance
  • Personal support and access to advanced trading tools
  • Access to on-demand payouts
  • Increased profit split to 100%
  • Potential access to up to $2,000,000 by successfully scaling your account numerous times
  • Customized trading conditions tailored precisely to your unique trading style
  • Daily drawdown increases to 6%
  • Maximum drawdown increases to 10%
  • The daily lot limit increases by 10 lots, up to 50 lots per day.
  • Monthly bonuses (can be seen in the spreadsheet below)
Count SizeMonthly Bonus (Hot Seat Status)
$5,000$100
$10,000$200
$25,000$300
$50,000$400
$100,000$500

Three-step Evaluation Trading Rules & Objectives

Profit Target โ€“ The trader has to achieve a predefined profit percentage to successfully conclude an evaluation phase, withdraw profits, or increase their trading account. The profit target for Phase 1, Phase 2, and Phase 3 is at 5%. Funded accounts have a withdrawal requirement set at 1%.

Maximum Daily Loss: The maximum amount that the trader could lose a trading day without breaching the account. All accounts have a maximum daily loss of 4%. (Up to 6% scaleable)

Maximum Loss: The maximum amount that the trader could lose overall without breaching the account. All accounts have a maximum loss of 6%. (Up to 10% scaleable)

Minimum Trading Days-The minimum number of days you are required to trade before completing an evaluation phase successfully. All three evaluation phases have a minimum trading day requirement of 3 days.

Daily Lot Size Limit – lot size constraints for each and every trading day. You are obligated to comply with the 10 daily lot limit rule so that you may open up to 10 lots during the trading days. Should you exceed this limit, all open trades will be closed, and you cannot trade until the following day. (On funded accounts only)

No Hedging โ€“ There is a complete prohibition of hedging strategies on the activities of the traders.

No News Trading โ€“ Trading is prohibited during the high-impact news releases. This means that initiating new trades, or closing already opened trades on the said instrument are strictly not allowed within the 2-minute window before and immediately after the announcement of specific news. Applies only to funded accounts.

What Makes Funding Pips Different From Other Prop Firms?

Funding Pips Most industry-leading prop firms are different due to the offering of five unique account types: two two-step evaluations, a one-step evaluation, and a three-step evaluation. They also offer many favorable features, among them an unlimited trading period, many available options for trading platforms, a scaling plan for daily and maximum drawdown, scaleable profit split to 100%, monthly salary through the Hot Seat program, and the evaluation prices are very affordable.

Funding Pips’ Two-step Evaluation is two-step evaluation in which a trader must succeed in two stages before he is eligible for payout. The profit target in the first stage is 8% and in the second stage is 5%. A trader has no more than 5% maximum daily loss, no more than 10% maximum loss, and no max trading day required to trade in either evaluation stage. However, you are required to trade for a minimum of 3 calendar days in each evaluation phase. The Two-step Evaluation also boasts a distinctive scaling plan that can handle even more account sizes. Unlike other funding schemes available within the industry, what makes the Two-step Evaluation different is the fact that there’s no limit to trading, scaling plan on daily and maximum drawdown, scaleable profit split to as much as 100%, monthly salary through the Hot Seat program, and affordable evaluation prices.

Example of comparison between Funding Pips & Alpha Capital Group

Trading ObjectivesFunding PipsAlpha Capital Group
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5% (Scaleable up to 7%)5%
Maximum Loss10% (Scaleable up to 14%)10%
Minimum Trading Days3 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split60% up to 100% + Monthly Salary80%

Example of comparison between Funding Pips & FundedNext

Trading ObjectivesFunding PipsFundedNext (Stellar)
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5% (Scaleable up to 7%)5%
Maximum Loss10% (Scaleable up to 14%)10%
Minimum Trading Days3 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split60% up to 100% + Monthly Salary80% up to 95%

Example of comparison between Funding Pips & E8 Markets

Trading ObjectivesFunding PipsE8 Markets
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%4%
Maximum Daily Loss5% (Scaleable up to 7%)4%
Maximum Loss10% (Scaleable up to 14%)8% (Scaleable up to 14%)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split60% up to 100% + Monthly Salary80%

Funding Pipsโ€™ Two-step Plus Evaluation is a two-step evaluation where you must successfully pass both phases before payouts can be released. In this plan, the profit targets are 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rule. Additionally, you also have no maximum trading day requirement in either of the evaluation phases. However, for every evaluation period, you must trade for a minimum of 2 calendar days. The Two-step Plus Evaluation also boasts of its distinctive scaling plan wherein more considerable account sizes could be better operated by the traders. To my knowledge, the Two-step Plus Evaluation really stands out from other funding programs within the industry mainly due to having an unlimited trading period, a scaling plan for daily and maximum drawdown, scaleable profit split up to 100%, and a monthly salary through the Hot Seat program.

Example of comparison between Funding Pips & TopTier Trader

Trading ObjectivesFunding PipsTopTier Trader
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5% (Scaleable up to 7%)5%
Maximum Loss10% (Scaleable up to 14%)10%
Minimum Trading Days2 Calendar Days4 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 100% + Monthly Salary80% up to 90%

Example of comparison between Funding Pips & Smart Prop Trader

Trading ObjectivesFunding PipsSmart Prop Trader (Standard)
Phase 1 Profit Target8%7%
Phase 2 Profit Target5%5%
Maximum Daily Loss5% (Scaleable up to 7%)4%
Maximum Loss10% (Scaleable up to 14%)8% (Scaleable up to 28%)
Minimum Trading Days2 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 100% + Monthly Salary75% up to 95%

Example of comparison between Funding Pips & TradingFunds

Trading ObjectivesFunding PipsTradingFunds
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%6%
Maximum Daily Loss5% (Scaleable up to 7%)5%
Maximum Loss10% (Scaleable up to 14%)10%
Minimum Trading Days2 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 100% + Monthly Salary80% up to 90%

Funding Pipsโ€™ A two-step X Evaluation is an evaluation which requires two consecutive successful phases to be completed before payouts. Profit target: 10% in the first phase, 8% in the second one. Other rules: maximum daily loss rules are set at 4% and maximum loss for the entire period of trading at 8%. You do not have a fixed maximum trading day during the evaluation phases either. However, for every evaluation phase, you are expected to trade for at least 3 calendar days. Remember that the Two-step X Evaluation does not have a scaling plan. Compared to other funding programs within the industry, the Two-step X Evaluation stands out mainly for having an unlimited trading period, an on-demand profit split, and affordable evaluation prices.

Example of comparison between Funding Pips & The5ers

Trading ObjectivesFunding Pips XThe5ers
Phase 1 Profit Target10%8%
Phase 2 Profit Target8%5%
Maximum Daily Loss4% (Scaleable up to 6%)5%
Maximum Loss8% (Scaleable up to 12%)10%
Minimum Trading Days3 Calendar Days3 Profitable Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 100% + Monthly Salary

Example of comparison between Funding Pips & FXIFY

Trading ObjectivesFunding Pips XFXIFY
Phase 1 Profit Target10%10%
Phase 2 Profit Target8%5%
Maximum Daily Loss4% (Scaleable up to 6%)5%
Maximum Loss8% (Scaleable up to 12%)10%
Minimum Trading Days3 Calendar Days5 Profitable Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%75% up to 90%

Example of comparison between Funding Pips & Funded Trading Plus

Trading ObjectivesFunding Pips XFunded Trading Plus (Advanced)
Phase 1 Profit Target10%10%
Phase 2 Profit Target8%5%
Maximum Daily Loss4% (Scaleable up to 6%)5%
Maximum Loss8% (Scaleable up to 12%)10%(Trailing)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 100%

Funding Pipsโ€™ One-step Evaluation-This type of evaluation requires you to successfully complete one phase to be eligible for payouts. The profit target stands at 10% with rules in loss, including a 4% maximum daily and a 6% maximum loss. You neither have any maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 3 calendar days in the evaluation phase. The One-step Evaluation also offers a different scale plan, thus allowing the traders to manage even larger account sizes. The One-step Evaluation differs primarily from other funding programs within the industry, consisting of an unlimited trading period, scaleable profit split up to 100%, monthly salary through the Hot Seat program, and affordable evaluation prices.

Example of comparison between Funding Pips & Funded Trading Plus

Trading ObjectivesFunding PipsFunded Trading Plus (Advanced)
Profit Target10%10%
Maximum Daily Loss4% (Scaleable up to 6%)4%
Maximum Loss6% (Scaleable up to 12%)6%(Trailing)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 100% + Monthly Salary80% up to 100%

Example of comparison between Funding Pips & Blue Guardian

Trading ObjectivesFunding PipsBlue Guardian
Profit Target10%10%
Maximum Daily Loss4% (Scaleable up to 6%)4%
Maximum Loss6% (Scaleable up to 10%)6%(Trailing)
Minimum Trading Days3 Calendar Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 100% + Monthly Salary85%

Example of comparison between Funding Pips & PipFarm

Trading ObjectivesFunding PipsPipFarm (Static)
Profit Target10%12%
Maximum Daily Loss4% (Scaleable up to 6%)3%
Maximum Loss6% (Scaleable up to 10%)6%
Minimum Trading Days3 Calendar Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 100% + Monthly Salary70% up to 95%

Funding Pipsโ€™ Three-step Evaluation is a three-step evaluation that needs one to successfully achieve three phases so as to be qualified for payouts. The profit target is 5% in the first step, 5% in the second step, and then 5% in the third step, with maximum daily 4% rules and even loss rules at 6%. During these evaluation steps, you also have no rules on maximum trading days. However, you are required to trade for a minimum of 3 calendar days in each evaluation phase. The Three-step Evaluation also comes with its very special scaling plan, where account sizes can be managed even higher. Compared with other programs within the funding programs, the Three-step Evaluation stands out mainly for having an unlimited trading period, scaleable profit split up to 100%, monthly salary through the Hot Seat program, and affordable evaluation prices.

Example of comparison between Funding Pips & The5ers

Trading ObjectivesFunding PipsThe5ers (Bootcamp)
Phase 1 Profit Target5%6%
Phase 2 Profit Target5%6%
Phase 3 Profit Target5%6%
Maximum Daily Loss4% (Scaleable up to 6%)โŒ (3% Daily Pause Once Funded)
Maximum Loss6% (Scaleable up to 10%)5% (4% Once Funded)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80% up to 100% + Monthly Salary50% up to 100%

Example of comparison between Funding Pips & RebelsFunding

Trading ObjectivesFunding PipsRebelsFunding
Phase 1 Profit Target5%5%
Phase 2 Profit Target5%5%
Phase 3 Profit Target5%5%
Maximum Daily Loss4% (Scaleable up to 6%)5%
Maximum Loss6% (Scaleable up to 10%)10%
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80% up to 100% + Monthly Salary80% up to 90%

Example of comparison between Funding Pips & MyFundedFX

Trading ObjectivesFunding PipsMyFundedFX
Phase 1 Profit Target5%6%
Phase 2 Profit Target5%6%
Phase 3 Profit Target5%6%
Maximum Daily Loss4% (Scaleable up to 6%)4%
Maximum Loss6% (Scaleable up to 10%)8%
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80% up to 100% + Monthly Salary80%

Funding Pips stands out amongst other prop firms in the industry due to having five different account types: three two-step evaluations, one one-step evaluation, and three-step evaluation. Also, there are many preferable features: unlimited trading time, lots of different trading platform options, a plan of daily and maximum drawdown scaleable, profit split up to 100%, monthly salary through the Hot Seat program, and relatively low evaluation costs.

Is Getting Funding Pips Capital Realistic?

Having regard to the attainability of trading requirements also marks an essential consideration when selecting proprietary trading firms that match your type of forex trading. A company may appear attractive with a high percentage split on a well-funded account, but in practical terms, lower if they are demanding significant monthly gains with minimal maximum drawdown percentages that drastically lower the chance of attaining success. But, especially, assessing time constraints is important, and an unlimited trading period will prove to be more favorable since all the squeeze-related pressure will be eliminated. Finally, it is quite essential to learn all trading rules in the evaluation process and the subsequent funding stages so that there will be less likelihood of accidentally breaching your trading account terms.

Receiving capital from the Two-step Evaluation is realistic primarily due to its relatively modest profit targets (8% in phase one and 5% in phase two) coupled with average maximum loss rules (5% maximum daily, scaleable up to 7% and 10% maximum loss, scaleable up to 14%). It should also be mentioned that while there are minimum requirements for a trading day, consisting of 3 calendar days, there are no maximum requirements. After completing both the evaluation phases, all participants receive payout upon which 60% to 100% profits benefit along with monthly salary.

Receiving capital from the Two-step Plus Evaluation is realistic primarily due to its relatively modest profit targets (8% in phase one and 5% in phase two) coupled with average maximum loss rules (5% maximum daily, scaleable up to 7% and 10% maximum loss, scaleable up to 14%). An important note is that there are no maximum trading day requirements but there is a minimum of 2 calendar days. There is a payout system for those participants who successfully complete both evaluation phases, which include quite an advantageous profit split of 80% up to 100% and a monthly salary as well.

eceiving capital from the Two-step X Evaluation is realistic primarily due to its average profit targets (10% in phase one and 8% in phase two) coupled with average maximum loss rules (4% maximum daily and 8% maximum loss). No maximum trading day requirements are seen, but a minimum trading day requirement of 3 calendar days is seen.ย  In addition, after completing each of the evaluation stages, people receive payoffs with 80% profit distribution.

As the One-step Evaluation is achieving a reasonable average profit target of 10% while having average maximum loss rules, namely a 4% maximum daily rule that could go up to a 6% level and a 6% maximum loss rule that might go up to 10%, capital is plausible to be received. It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 3 calendar days. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80% up to 100% and a monthly salary.

It is reasonable to expect capital coming from the Three-step Evaluation mainly for the reason of lower-profit goals, although it has an extra evaluation stage (5% in phase one, 5% in phase two, and 5% in phase 3) along with average maximum loss rules (4% maximum daily, scaleable up to 6%, and 6% maximum loss, scaleable up to 10%). Note that there is no requirement on maximum trading days, while there will be minimum trading days requirement of 3 calendar days. Moreover, the participants qualify for payouts featuring an advantageous profit split of 80% up to 100%, along with a monthly salary on successful completion of all three evaluation phases.

After considering all the factors, Funding Pips is highly recommended since you have five unique funding programs to choose from, three two-step evaluations, a one-step evaluation, and a three-step evaluation, featuring realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

Funding Pips is a proprietary trading firm that was registered on 25th August, 2022. They have many traders who have achieved a funded status and are eligible to split their profits .

While working with Funding Pips and getting funded with the Two-step Evaluation, you will be qualified to get your first payout after having hit a withdrawal target of 1% on the first Tuesday. However, for subsequent payouts, you will also be eligible to receive payouts if you are able to meet the 1% withdrawal target every Tuesday with 60% profit split, bi-weekly with 80% profit split, and monthly with a 100% profit split. Your profit sharing will be very generous with 60% up to 100% depending on the profit generated on your funded account, depending upon which cycle you select for a payout.

Also, when you’re working for Funding Pips and you get funded through a Two-step Plus Evaluation, you’ll be entitled to your first payout after you hit a withdrawal goal of 1% after 5 calendar days. Additionally, upon completing your first payout, you’re also eligible for payouts if you can meet the 1% withdrawal target every 5 calendar days.


However, you shall be eligible to have the first payout after achieving the withdrawal target of 1% on-demand with 45% consistency score criteria in case you successfully execute the Two-step X Evaluation during working with Funding Pips. From the time of the first payout being processed, a new set of payout will be eligible for you to get the payout if you meet the 1% withdrawal target on-demand if you are meeting the 45% consistency score criteria. Your payout split will be rich in provisions at 80% profit split based on the amount you have made on your funded account.

Last but not least, when you start working with Funding Pips and you hit the funded status by either the One-step Evaluation or the Three-step Evaluation, you will qualify to get paid out for the first time when hitting a withdrawal requirement of 1% on the first Tuesday. However, after your first payout, you also qualify to receive payouts when you achieve the 1% withdrawal target every Tuesday. Your share of profits from your funded account will form a generous 80% – 100% of the profit.

Funding Pips can be located on countless websites, including Trustpilot, where their traders comment about their experience while working with the company and even the process of how they successfully received payouts. Yet another good source of payment proof for Funding Pips is their YouTube and Discord channels, where one can find lots of trader interviews and payout certificates of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Which Broker Does Funding Pips Use?

Funding Pips doesn’t trade with any of the common broker brands. They are partnered with a tier-1 liquidity provider with the best simulated real market trading conditions.

There is the matter of trading platforms, which during your work with Funding Pips allows you to trade on Match-Trader, cTrader, or TradeLocker.

Trading Instruments

As mentioned above, Funding Pips is partnered with a tier-1 liquidity provider that offers the best simulated real market trading conditions and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:100, depending on the evaluation type and the trading instrument that you are trading.

Forex Pairs

AUD/USDEUR/USDGBP/USDNZD/USDUSD/CADUSD/CHF
USD/JPYUSD/HKDUSD/SGDAUD/CADAUD/CHFAUD/JPY
AUD/NZDCAD/CHFCHF/JPYEUR/AUDEUR/CHFEUR/CHF
EUR/GBPEUR/JPYGBP/JPYGBP/CHFGBP/JPYAUD/SGD
CAD/JPYEUR/SGDGBP/AUDGBP/CADNZD/CADNZD/CHF
NZD/JPYUSD/CNHAUD/NOKCHF/NOKEUR/NOKEUR/ZAR
GBP/NOKGBP/NZDGBP/SGDGBP/ZARSGD/JPYUSD/MXN
USD/NOKUSD/PLNUSD/SEKUSD/TRYUSD/ZAR

Commodities

XAU/USDXAG/USDUSOILUKOIL

Indices

SPX500DJI30FTSE100GER40JP225
NDX100STX50

Cryptocurrencies

BTC/USDETH/USDXRP/BTC

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX2 USD / LOT
COMMODITIES2 USD / LOT (0 USD / LOT on Oil)
INDICES0 USD / LOT
CRYPTO0 USD / LOT

Spread Account
To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
Match-Trader[email protected]vdixe1kmpkClick here
cTrader[email protected]fpspreadtestClick here
TradeLockerClick here

Education

Funding Pips doesn’t offer a single additional educational content to their community.

However, Funding Pips provides an elegantly crafted trading dashboard that enables the tracking of progress, access to trade objectives, and important statistics. This feature also helps in risk management for a smoother trading experience.

Funding Pips Trading Dashboard

Trustpilot Feedback

Funding Pipsย has gathered an excellent score onย Trustpilotย based on their communityโ€™s feedback.

On Trustpilot, Funding Pips has a wide range of their community commenting and giving positive feedback on the services of the company. The company has achieved an outstanding rating of 4.4 out of 5 from a large pool of 13,635 reviews. Interestingly, 80% of those reviews gave Funding Pips a 5-star rank.

The client, collaborating with Funding Pips for the past couple of months, is extremely satisfied with everything: from spreads and customer support to the owners and payouts, receiving an A+ rating. The client would greatly recommend Funding Pips as a prop firm. The client perceives the service as of an extraordinary level, mentioning that even when one faces an issue, the COO personally contacts to resolve it. Funding Pips comes highly recommended for going that extra mile and encouraging traders to be the best they can be at their craft.

Funding Pips Indeed, this proprietary trading firm is one of the most outstanding and speedily growing in the field. Some of the innovations they’ve introduced in prop firms include no time limits, on-demand payouts, and quick responses from their end.

Social Media Statistics

Funding Pips can also be found on numerous social media platforms.

Facebook5,500 Followers & 4,500 Likes
Instagram36,700 Followers
YouTube5,200 Subscribers
Twitter46,400 Followers
Discord58,801 Members

Customer Support

Live Chatโœ…
Email[email protected]
Phone+35725255160
DiscordDiscord Link
FAQFAQ Link
Supported LanguagesEnglish, Dutch, Spanish, Portuguese, Deutsch, Thai, Malaysian, Hindi, Polish, Italian, Arabic, French

Account Opening Process

Registration Form โ€“ Register with Funding Pips by filling out the registration form with your personal details and logging into the trading dashboard.

Choose Your Account โ€“ Choose your country, account type, trading platform, and account size.

Choose Your Payment Method โ€“ Choose between a credit/debit card and a cryptocurrency payment method.

Apply Discount Code โ€“ Apply our discount code FOREXPROPREVIEWS and enjoy a 5% discount on all Funding Pips account sizes.

Receive Login Credentials โ€“ Find an email with a greeting from Funding Pips, which had login access details for my recently acquired trading account.

Conclusion

In conclusion, Funding Pips is a well-known and reliable proprietary trading company, allowing its clients to choose one of five funding programs: two-step programs, such as Two-step Evaluation, Two-step Plus Evaluation, and Two-step X Evaluation; a one-step program, One-step Evaluation; and a three-step program, Three-step Evaluation.

Funding Pips Two-step Evaluation is an industry-standard two-step evaluation, which requires traders to complete two phases before being eligible to manage a funded account and earn 60% up to 100% profit splits with a monthly salary. Traders must achieve profit targets of 8% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 3 calendar days in each evaluation phase. Lastly, it’s worthwhile to mention that the Two-step Evaluation has a scaling plan, and thus, you have the chance of boosting your initial account balance.

Funding Pips’ Two-step Plus Evaluation is the industry-standard evaluation to be two steps into an evaluation that requires completion of two phases for you to become eligible to manage a funded account and earn 80% up to 100% profit splits and a monthly salary. To be considered successfully funded, traders must achieve profit targets of 8% in phase one and 5% in phase two. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to apply. As for time limitations, you do not have maximum trading day requirements during either the evaluation phase. You are however obligated to trade for a minimum of 2 calendar days in each of the evaluation phases. Lastly, it is worth mentioning that the Two-step Plus Evaluation has a scaling plan. Here, you will be able to do scaling of your initial account balance.

Two-step X Evaluation

Funding Pips โ€“ Two-step X Evaluation is an industry-standard two-step evaluation. This needs to get through two phases in order to qualify to manage a funded account and earn a profit split of 80%. Traders must reach profit targets of 10% in phase one and 8% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 3 calendar days in each evaluation phase. Finally, it is worth mentioning that the Two-step X Evaluation does not have a scaling plan.

Funding Pips’ One-step Evaluation

It is a one-step evaluation and, before becoming qualified to manage a funded account and getting up to 80%-100% profit splits and receiving a monthly salary, the account must fulfill the requirements of just one phase. Traders have to reach a 10% netting profit to be funded. These are realistic trading objectives, considering you’ve got a 4% maximum daily and 6% maximum loss rule to abide by. As far as time limitations go, during this evaluation phase, you have no maximum trading day requirements. You do, however, need to trade for at least 3 calendar days during the evaluation phase. Lastly, you should know that the One-step Evaluation has a scaling plan where you can scale up your initial account balance.

Funding Pips Three-step Evaluation

There is also the three-step evaluation for funding Pips.ย  This has three steps.ย  You must complete all three before you are eligible to manage a funded account and get 80-100% profit splits with a monthly salary. The potential trader has to achieve profit targets at 5% in phase one, 5% in phase two, and 5% in phase three to become successfully funded. These are realistic trading objectives in light of having your 4% maximum daily and 6% maximum loss rule that you have to conform to. When it comes to time-related limits, you have no maximum trading day requirements during each evaluation phase. However, you have to trade for at least 3 calendar days in each evaluation phase. Lastly, you should take note that the Three-step Evaluation has a scaling plan, so you can build your initial account balance.

Considering all of these elements that Funding Pips offers to the traders in the entire world, it is undoubtedly one of the leading prop firms in the industry.

Our detailed review of Funding Pips was last updated on 16.11.2024 at 10:07 (CE(S)T).

What are your individual opinions on Funding Pips and the services they offer? Do they align with the trading conditions and services youโ€™ve been seeking?

Let us know if you enjoyed our detailed Funding Pips review by commenting below!


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