Details About Funding Pips
- Legal Name: The legal name of Funding Pips is fundingpips.
- Company Number: The registration number of Funding Pips is not publicly available.
- Country of Registration: Funding Pips is registered in AE.
- CEO: The CEO of Funding Pips is Khaled Ayesh.
- Support Mail: You can contact Funding Pips at [email protected].
- Phone: The phone number for Funding Pips is not publicly available.
- Payment Modes: Funding Pips supports payments via Crypto, Neteller, Skrill, PaySafeCard.
- Withdrawal Modes: Funding Pips facilitates withdrawals through Crypto, Rise.
- Official Website: Visit the official website of Funding Pips at https://fundingpips.com.
- Banned Countries: Funding Pips does not allow traders from AE, VN.
Challenge Details at Funding Pips
- Types of Challenge:The challenges offered at Funding Pips include One Phase Challenge, Two Phase Challenge, Three Phase Challenge.
- Trading Platforms:Funding Pips supports trading on MatchTrader, cTrader, Trade Locker, Trading View.
- Trading Instruments:Traders at Funding Pips can trade Forex, Crypto, Indices, Metals.
- Broker:The broker associated with Funding Pips is MatchTrader.
- Max Allocation:The maximum allocation provided by Funding Pips is 300,000.
- Scaling:The scaling potential at Funding Pips reaches up to 2,000,000.
- Trading Competitions:Funding Pips does not organize trading competitions for traders.
- Free Trials:Funding Pips does not offer free trials to its users.
FundingPips is one of the most popular and a well preferred prop firm by the Forex Prop firm trading community. FundingPips was started in November 2022 and based in Dubai, UAE. FundingPips was founded and owned by Khaled who is also the CEO of FundingPips.
FundingPips a simple and straightforward prop where traders can get a max capital allocation of $300,000 and a unique scaling plan where trader can get up to $2 million in funding and also get salary for the highest scaling level.
Company Information
Company Name : Funding Pips
Company Legal Name and Registration No. : fundingpips
Company CEO : Khaled Ayesh
Company Address : Premises NO. 19948-001, IFZA Business Park, DDP Dubai U.A.E
Challenge Details
FundingPips provides 4 different type of Challenge Programs, 1-Step, 2-Step, 3-Step and a FundingPipsX program.
1-Step Challenge :-
Prices :
$5,000 : $59
$10,000 : $99
$25,000 : $199
$50,000 : $299
$100,000 : $499
Rules:
- Profit Target: 10%
- Total Loss: 6%
- Daily Loss: 4%
- Profit Share: 80% , Can be scaled up to 100%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:50 on Forex, 1:20 on Metals, 1:20 on Indices, 1:10 on Energies, 1:2 on Crypto.
- Max Lot Size: 10 Lots
- Payout Frequency: 7 days
- Allows Copy Trading: No
- Min Trading Days: 3 Days
2-Step Challenge :-
Prices :
$5,000 : $36
$10,000 : $66
$25,000 : $156
$50,000 : $266
$100,000 : $444
Rules:
- Profit Target(Phase 1): 8%
- Profit Target(Phase 2): 5%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:100 on Forex, 1:30 on Metals, 1:20 on Indices, 1:10 on Energies, 1:2 on Crypto.
- Max Lot Size: 10 Lots
- Payout Frequency: 7 Days, 14 Days, 30 Days
- Allows Copy Trading: No
- Min Trading Days: 3 Days
3-Step Challenge :-
Prices :
$10,000 : $59
$25,000 : $139
$50,000 : $219
$100,000 : $349
Rules:
- Profit Target(Phase 1): 5%
- Profit Target(Phase 2): 5%
- Profit Target(Phase 3): 5%
- Total Loss: 6%
- Daily Loss: 4%
- Profit Share: 80%, Can be scaled up to 100%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:100 on Forex, 1:30 on Metals, 1:20 on Indices, 1:10 on Energies, 1:2 on Crypto.
- Max Lot Size: 10 Lots
- Payout Frequency: 7 Days
- Allows Copy Trading: No
- Min Trading Days: 3 Days
FundingPipsX 2-Step X Challenge :-
Prices :
$5,000 : $32
$10,000 : $60
$25,000 : $150
$50,000 : $250
$100,000 : $399
Rules:
- Profit Target(Phase 1): 10%
- Profit Target(Phase 2): 8%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:50 on Forex, 1:20 on Metals, 1:20 on Indices, 1:10 on Energies, 1:2 on Crypto.
- Max Lot Size: 10 Lots
- Payout Frequency: On Demand
- Allows Copy Trading: No
- Min Trading Days: 3 Days
Scaling Plan
FundingPips provides a really unique scaling plan which is divided in 4 levels and with each level trader can get various benefits alongside the increase in their balance. In each level there are few conditions and with that there are benefits given.
Level 1(Launchpad) :-
Conditions :-
- Trader must have to make at least 10% profit and make at least 4 payouts.
Benefits :-
- The account size will be increased by 20%.
- Maximum drawdown will be increased by 1%.
- Daily Lot Limit will be increased to 10 Lots.
Level 2(Ascender) :-
Conditions :-
- Trader must again make 10% profit(20% in totality) and make a total of 8 payouts.
Benefits :-
- The account size will be increased by 30%.
- Maximum drawdown will be again increased by 1% and total of 2%.
- Daily Lot Limit will also be increased by 10 Lots more, a total of 20 lots.
Level 3(Trailblazer) :-
Conditions :-
- Trader must again make 10% profit above the 20% before and make a total of 12 payouts.
Benefits :-
- The account size will be increased by 40%.
- Maximum drawdown will be again increased to a total of 13%.
- Daily Lot Limit will also be increased by 10 Lots more, a total of 30 lots.
Level 4(Hot Seat) :-
Conditions :-
- Trader must again make 10% profit above the 30% before and make a total of 16 payouts.
Benefits :-
- The account size will doubled
- On Demand payouts.
- Access to up to $2,000,000 in funding.
- Customizable trading conditions are per the trader’s liking.
- Maximum Drawdown will be increased to 14%.
- Daily Drawdown will be increased by 2%.
- Max lot size will be increased by a total of 40 lots.
Monthly Bonus :-
Monthly bonus will be given based on the account size a trader has.
- $100 for a 5K account
- $200 for a 10K account
- $300 for a 25K account
- $400 for a 50K account
- $500 for a 100K account
Spreads and News Trading Rules
Spreads
FundingPips provides Raw spreads provided by their liquidity provider.
News Trading Rules
FundingPips allow traders to trade during the news only in the evaluation phases. After being funded, traders are not allowed to trade before and after 5 minutes of a high impact news, during this 10 minutes window, executing trades will lead to removal of any profits made.
If a trader opens a position 5 hours prior to the trade and then the profit has been made in this 10 minutes window, That trade will be counted as usual and profits will not be removed.
For swing traders, Traders are allowed to hold their trade throughout the news without any issues.
Other Important Rules :-
Daily Drawdown Calculation
In FundingPips, Daily Drawdown is calculated based on the account balance or equity whichever is higher at the end of the day and based on the higher value the drawdown amount will be calculated, This is simply equity based drawdown so be advised to manage the risk properly as this drawdown grows and shrinks the drawdown amount based on the current floating balance.
Countries Banned from Purchasing
FundingPips allow traders from every country to join and purchase their evaluation program but as for now, FundingPips does not accept any new clients from United Arab Emirates and Vietnam.
Prohibited Strategies
FundingPips believes that traders should be free to use whichever EA or strategy they want but there are few type of strategies and EAs that are not allowed and these are :
- Latency arbitrage
- Toxic Trading Flow
- Gap Trading
- High-Frequency Trading
- Reverse Arbitrage
- Spamming Order Books
- Tick Scalping
- Hedging
- Server Execution
- Copy Trading and management by a third party vendor.
Payout Methods :
FundingPips offers two methods for payout request and these methods are -
- Riseworks - For payout above $500, Payout can be withdrawn in crypto or transfer straight to the bank.
- Crypto - For payout below $500, payout will be given through USDT TRC20
Trading Commissions :
FundingPips charges 2 different types of commissions for their accounts.
For 1,2,3 Step Challenge Accounts :-
- Forex and metals - $2.5 per lot.
- Crypto, Indices and Oil - $0 per lot.
For FundingPips X 2 Step X Accounts :-
- Forex and metals - $7 per lot.
- Crypto, Indices and Oil - $0 per lot.
IP Rule :
Funding Pips has a strict rule for IP Addresses. Traders must trade from the same IP Address(es) which they used to login to http://www.fundingpips.com and purchased the account. The IP Address(es) must remain the same throughout the evaluation phase and master account. Any changes in the IP Address will be monitored by Funding Pips Risk Management Team.
If there is a change in the geographical location then the trader will be contacted by support and trader will have to provide the valid proof such as Flight Ticket or Passport Stamp or maybe a Live Video call from that location.
Funding Pips Challenge Account Pricing
1-Step Challenge
Pricing
Size: 5000 ($59)
Size: 10000 ($99)
Size: 25000 ($199)
Size: 50000 ($299)
Size: 100000 ($499)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
6%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
4%
2-Step Challenge
Pricing
Size: 5000 ($36)
Size: 10000 ($66)
Size: 25000 ($156)
Size: 50000 ($266)
Size: 100000 ($444)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
10%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
8%-5%
Daily Loss
5%
3-Step Challenge
Pricing
Size: 10000 ($59)
Size: 25000 ($139)
Size: 50000 ($219)
Size: 100000 ($349)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
4%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
5%-5%-5%
Daily Loss
6%
FundingPipsX
Pricing
Size: 5000 ($32)
Size: 10000 ($60)
Size: 25000 ($150)
Size: 50000 ($250)
Size: 100000 ($399)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
10% - 8%
Daily Loss
4%
Frequently Asked Questions
Reviews
Was funded with them 2 months back , payouts were fast , customer support was also good , trading conditions were also good
Bhanish Deonia
funding pips is one of best firm i tried . they have smooth and trader friendly rules. weekly payout and now they are paying as tuesday payout day. i highly reccomemd it to use
Rahman Ali
I had brought 2 step challenge Commission and spread is good but sometimes slippage is problem payout is smooth no issues with payouts so far
Pankaj Gehlot
Really a good firm,0 payout denials user friendly good dashboard and much more things are really great low spreads and good customer support.
HIMANSHU MACHHI S
My experience with Fundingpips is really amazing. The challenge price is lowest in the market and the spreads is also very low. Payout on every Tuesday is just fabulous. But recently slippage during news time has been seen which was not a issue previously.The customer care support and discord support is also pretty good . The dashboard with calendar showing daily profit and loss is a top notch thing .
Amir Deshar
Received total 8 Payouts from them without any issue. Their weekly payout system is an additional benefit.
rakesh ankush
Well, I was waiting to give my honest review once I get my payout whice I recieved. I heard about this propfirm quite alot so I wanted to give it a shot and so far I have the best experience with everything. Payments take a little bit time but they did what they promised. So I suggest everyone to chose their firms with a propfirm that is true to there words which I found funding pips one of those. Continue your great work and transparency FUNDING PIPS
Galeeb Pathan
FundingPips is a good prop firm where I successfully cleared Phase one and received my certificate. The spreads and execution are excellent However due to some mistakes on my part I lost Phase two.
jamal khan
A good prop firm. But i hate the thing that they are making alternations in their rules on daily basis which is not a good thing and recent update on payouts is so annoying. Also they dont offer mt5 which is a red flag
Muhammad yousaf Ansar iqbal
one of the best prop firm no slippage best spreads and very low comission charges just 2usd per lot
sameer khan
A must try prop for everyone everything was smooth from purchasing to payout staff is very supportive
Mohammad Talha
Really a good firm,0 payout denials user friendly good dashboard and much more things are really great low spreads and good customer support, funding pips is one of best firm i tried . they have smooth and trader friendly rules. weekly payout and now they are paying as tuesday payout day, i highly reccomemd it to use.
Mmxm Sniper
Funding Pips is a reliable prop firm with a low entry cost, generous profit sharing, and no personal risk. Its a great choice for traders seeking firm capital and flexibility in trading strategies.
Md Kamran
Overall it was a good firm just one thing bad about it was when I bought it it didnt had metatrader which was for me was bad. Rest was good. I lost the account in 1st phase because I wasnt familiar with tradelocker
Sarthak Rajput
FundingPips offers excellent support and fast payouts. Highly recommend for serious traders. overall Best Propfirm in the Industry
Muhammad Shahbaz
I always loved funding pips more reliable than any other Funding pips dashboard is great than ever So simple and graph is best
Shridhar Dakare
Would like to trade with funding pips again theyre overall community and atmosphere made it such a good experience the challenge was such a breeze I love their brand and company
Relebohile Mphuthi
There are good firm even i have lose there account due to KYC verify with third party but still there always best.
Lawan Bukar Mohammed
Banned Countries by Funding Pips
Countries highlighted in red are restricted.
Web Traffic Data
Web Traffic
Total Overview
Pages per visit
3,237,751
Total Visits
8.609
Global Rank
15,359
Country Rank
5,690
Traffic Source
Spending on vaarious categories
Social
Paid Referral
Referrals
Search
Direct
Sales By Countries
Monthly Sales Overview