For traders aiming to prove their abilities and secure funding, the Funding Pips 2-Step Evaluation offers a structured and challenging path. In this article, we’ll explore the details of the 2-Step Evaluation, including the profit targets, risk management rules, and other essential aspects that traders need to know to succeed. Whether you’re experienced or just starting out, understanding this evaluation is key to navigating the process and achieving your trading goals.

Profit Targets :-

The 2-Step Evaluation involves two profit targets, one for each phase of the evaluation. In the first phase, traders need to achieve an 8% profit target based on their account balance. If this target is met, the trader moves on to the second phase, where the profit target is set at 5%. These targets are critical milestones that traders must reach to advance through the evaluation and eventually secure a funded account. Each phase builds on the trader’s performance, ensuring they can maintain their success over time.

Daily Drawdown :-

Risk management is a vital component of the 2-Step Evaluation, and the daily drawdown limit plays a key role. In this evaluation, the daily drawdown is set at 5%. This limit is calculated based on the higher value between your account's equity (including any floating profits or losses) and your balance (which reflects your total after all positions have been closed). The rule ensures that at no point during the trading day does your equity drop by more than 5% from the day’s starting value. Violating this rule can result in failing the evaluation, so it’s essential to manage your trades carefully throughout each day.

Max Drawdown :-

The maximum drawdown for the 2-Step Evaluation is set at 10%. This is a static drawdown, meaning it remains at 10% of your initial account balance regardless of any profits you may accumulate. This rule ensures that traders are consistently managing their risk and not taking excessive losses. A static drawdown provides a clear risk limit, helping traders to focus on consistent, responsible trading practices.

Minimum Trading Days :-

To pass the 2-Step Evaluation, traders must trade for at least three days during each phase. This requirement ensures that traders are not relying on a single successful day but are instead demonstrating consistent performance over multiple sessions. By spreading their trades across several days, traders can show their ability to adapt to different market conditions while maintaining discipline.

Maximum Trading Days :-

One of the advantages of the 2-Step Evaluation is that there’s no maximum time limit to complete the evaluation. Traders can take as long as they need to reach the profit targets in both phases. This flexibility allows traders to wait for favorable market conditions and trade at their own pace, reducing the pressure and enabling more strategic decision-making.

Profit Share and Payout Frequency :-

When traders pass the 2-Step Evaluation and receive a funded account, their profit share depends on the payout frequency they choose. Funding Pips offers several options:

If traders choose to withdraw their profits every 7 days, they receive 60% of the profits.

If they opt for a 14-day withdrawal period, they receive 80%.

For those who prefer to withdraw their profits every 30 days, the profit share increases to 100%.

This tiered approach to profit sharing allows traders to select the option that best suits their financial needs and trading style. It also incentivizes longer trading periods with higher profit shares, rewarding traders who are patient and consistent.

Leverage :-

Leverage is an important aspect of trading, and the 2-Step Evaluation provides traders with access to up to 1:100 leverage. This high level of leverage allows traders to control larger positions with a smaller amount of capital, potentially increasing their returns. The leverage varies depending on the type of financial instrument:

Forex pairs: 1:100

Metals: 1:30

Indices: 1:20

Energies: 1:10

Cryptocurrencies: 1:2

This leverage structure offers flexibility for different trading strategies, whether you’re focusing on Forex or diversifying into other markets like metals or cryptocurrencies.

News Trading :-

Funding Pips allows traders a good degree of freedom, but there are specific restrictions regarding trading around high-impact news events. While traders can hold their positions during these events, they are not allowed to execute new trades or close positions within five minutes before or after the news release. If any trades are made during this restricted window, the profits from those trades will not be counted toward the evaluation. The only exception is if a trade was opened at least five hours before the news event. This rule applies to all types of trade execution, including manual orders, pending orders, stop-loss, and take-profit orders.

Holding Trades Overnight and Over Weekends :-

In the 2-Step Evaluation, traders are permitted to hold trades overnight and over the weekend. This feature provides flexibility for traders who use longer-term strategies or who prefer not to close positions at the end of each trading day. The ability to hold trades beyond standard market hours can be particularly useful in maintaining a strategy that requires more time to develop or respond to market conditions.

Account Sizes Available :-

The 2-Step Evaluation offers a range of account sizes to accommodate different levels of experience and trading strategies. The available account sizes are:

$5,000

$10,000

$25,000

$50,000

$100,000

These options allow traders to choose an account size that aligns with their risk tolerance and trading goals. Whether you’re a new trader looking to start small or an experienced trader ready to manage a larger account, there’s a suitable option available.

Conclusion

The Funding Pips 2-Step Evaluation provides a comprehensive and challenging pathway for traders to secure a funded account. With its dual-phase profit targets, strict drawdown limits, and flexible trading rules, this evaluation is designed to test both skill and discipline. By understanding and following the rules, traders can navigate the evaluation process successfully and move one step closer to their goal of becoming a funded trader. Whether you’re looking to build on your existing experience or take your trading to the next level, the 2-Step Evaluation offers a balanced and rewarding opportunity.