FundingPips Prop Firm: Trade, Grow & Maximize Profits

FundingPips is changing proprietary trading by allowing traders to develop their skills and increase their profits without risking their own money.

Established in 2022 and based in Dubai, the company uses flexible evaluation models, strong risk management, and sophisticated trading technologies to serve traders of all skill levels.

With clear profit sharing, growth scalable accounts, and risk-managed proprietary accounts, traders at FundingPips have the building blocks to go all the way in their trading career.

What is FundingPips?

Funding Pips is a proprietary trading firm founded in 2022 and operating from Dubai, United Arab Emirates. The firm removes the risk of personal capital for traders as firm capital is available. Each trader undergoes a structured evaluation, focusing on quality, consistency, and risk management discipline in trading.

Evaluations consist of profit targets, a strict drawdown limit, and a specific consistency rule which fosters a culture of responsible trading. Once traders qualify, they gain access to funded accounts which permit them to control much greater capital and keep a sizable portion of the profits.

Beginners and professionals alike can appreciate the capabilities of Funding Pips, which provides traders with the ability to advance all the way from beginning trading to capital management.

Key Point

Funding Pips Challenges

FundingPips has four primary evaluation models—Instant Funding (Zero), One Step, Two Step Standard, and Two Step Pro. The variety is great, but there seems to be a gap between the evaluations and the rules for the funded accounts.

Important conditions, like the 1% floating loss cap and the 15% consistency rule, surprisingly only apply after the account is funded. Promo offers also frequently have ambiguous and changing conditions, so it is best to check the fine print.

Upfront Challenge Fees

Challenge Models

Instant (Zero) Funding

It is offered as “no evaluation,” but traders must pay a 3% profit buffer plus an additional 1% before any payout. Accounts funded under Instant Funding face the strictest limitations in the industry.

• Maximum Daily Loss: 3%
• Trailing Drawdown: 5%
• Floating Loss Cap: 1%
• Consistency Rule: 15%
• Restrictions: No weekend or news trading

Payouts: 95% Bi-weekly, 100% at Hot Seat

➡ This is best for discipline traders looking for fast funding and who can cope with extreme limits.

One Step Challenge

Straight forward one phase evaluation with more flexibility given to the traders.

Profit target is 10% in 30 days or 3% daily loss limit with an overall drawdown of 6% and a minimum of 3 trading days.

Payouts: 80% to 100% (Hot Seat upgrade)

➡ This is for those looking to get to a target quickly and with a simple, relaxed evaluation.

Two Step (Standard)

Provides a more relaxed approach while structuring to flexible tailored goals.

Profit target is for you to set in phase one, second phase is 5%.

Other conditions:

• Minimum 3 trading days per phase
• Daily loss limit of 5%
• Overall drawdown of 10%

Payouts: 80% to 100%

➡ This is the safest as you can get a balance between flexibility and a clear structure.

Two Step (Pro)

• This is for experienced traders who like to work with a velocity but can handle extreme risk.
• Profit targets are customizable for Phase 1 and set at 6% for Phase 2.
• The daily loss limit is 3% and the maximum loss is capped at 6%.
• You are only required to trade a minimum of 1 day per phase.
• The consistency rule of 45% is firmly in place at every tier.
• You get between 80% to 100% of the payout.

Commission Fees

Trading Platforms

FundingPips does not offer the MetaTrader 4 (MT4) platform which some traders are looking for. The company has not offered Meta Trader 5 (MT5) for more than a year. However, MT5 is still not offered to traders in the US and Canada.

This is because its parent company MetaQuotes does not have the appropriate regulatory approval for MT5 in these territories.

Along with the MT5 platform, FundingPips has expanded their services and now offers cTrader, Match-Trader, and TradeLocker. cTrader has some really great customizable advanced charting tools.

However, it is still restricted in the US. Match-Trader offers great and innovative trading tools. TradeLocker offers a more simplified and user friendly approach to trading as a whole.

Key Features of FundingPips

Two-Phase Evaluation Process

FundingPips implements a structured two phase evaluation system to measure a trader’s skill, profitability, and discipline. During Phase One, traders obtain a profit target through a series of complex risk rules, such as daily and overall drawdown limits, which must be obeyed. Phase two assesses consistency and adherence to rules over the entire period. Graduates of the final phase obtain a funded account as a reward.

Competitive Profit Splits

One of the most outstanding characteristics of FundingPips is its profit-sharingmodel. Depending on the size of the account and its performance, traders are able to secure coprorate profits with a profit split of 70 to 90 percent. This ensures traders and funded traders retain the the most profits.

Account Sizes & Scaling Plans

The firm has different account sizes to meet the needs of various traders. Accounts are flexible enough to allow a trader to start small and gradually scale to a larger account as he becomes consistently profitable. This is done under the firm’s scaling plans and it makes it easier to support a trader’s long term profit goals.

Flexible Trading Conditions

FundingPips is a licensed firm with comprehensive trading options under and with MetaTrader 5, cTrader, and other systems. This is the reason they support trading of forex, indices, cryptocurrencies, commodities and more. This wide support is ideal to cover a wide variety of different trading systems.

No Time Limits

Unlike many prop firms, no time limits for completing evaluations are set on FundingPips. Because there are no time restrictions, those who prefer a more methodical, analytical approach will find it most comfortable.

Trading Rules at FundingPips

An evaluator account lets you determine the FundingPips evaluation for self account evaluation. This lets you determine your self account at no time limit, as long as you meet the assessed goals.

Other varying evaluations require a minimum of three profitable days for one-step and two-step evaluations, and one profitable day for the Pro option. Profit targets, daily drawdown, and maximum drawdown will differ based on account type.

If you incur a maximum overall loss, your account evaluation will be ended and terminated. 30 days of inactivity will also conclude the challenge.

For the two-step evaluation which is popular, the guidelines consist of the following:

• From the starting balance, there is a maximum daily loss of 3%.
• There is a maximum static loss of 6% based on both equity and the balance.
• Each phase must have 3 profitable trading days.
• All trades must have lot size limits.
• There are no consistency rules until the evaluation is passed by the trader. After the evaluation is passed, a 45% daily profit cap on funded accounts is implemented.

Extra limitations:

• Funded (Master) accounts do not allow trading over the weekend or news trading.
• High-frequency trading and latency arbitrage are prohibited strategies.
• All trading is done on demo/simulated accounts. You can still withdraw the profits though.

The FundingPips Pro option is similar to the two-step challenge but has one minimum trading day and tighter drawdown limits, which makes it more challenging to pass. Fees, however, are a little lower.

Is FundingPips Legit and Safe?

FundingPips works under the name “FP Funding LLC”, and is situated in Dubai. They have quickly gained a reputation in the market due to their decisive communication and context-friendly trading surroundings. As of 2025, they have a Trustpilot score of 4.5 stars, as rated by more than 23,000 users.

Payout reviews are mostly positive and describe the withdrawal speed as “lightning fast” (typically under 48 hours).

Firms Discord channel with 163,000 users and constant communication with the community enhances their “client-first” reputation. Unlike most prop firms, FundingPips lets users employ EAs, bots, and other trading automation tools.

This significantly benefits quant traders. Trustpilot had suspended their account in June 2024, due to a hostility media. They are back to gaining reviews. They also have 3 ISO accreditations.

Security

FundingPips protects the traders’ information by using modern data encryption technology, and integrating sophisticated fraud mitigation strategies which, alongside the Know Your Customer process, validates users.

FundingPips verifies the identity of its users, which allows the firm to integrate Anti-Money Laundering strategies and further protect the firm by monitoring users for suspicious behavior and prohibited activities to protect the integrity of the trading environment.

FundingPips protects their users from transparency risk by providing detailed invoices for each of their financial operations. Most importantly, the firm does not directly hold traders’ funds which reduces the risks relative to fund custody.

FundingPips is certified by the International Organization for Standardization (ISO), illustrating their commitment to high-security standards and operational excellence.

FundingPips is not formally regulated, however, it is considered safe to use and has a 4.4/5 rating from over 21600 reviews on Trustpilot.

Customer Support

Finding the Frequently Asked Questions (FAQ) section is the easy part and covers common queries, and important information regarding the company and its evaluation program.

For tailored assistance, their customer service department is accessible. You can reach out to them via their social media platforms, or you may contact them directly at support@fundingpips.com.

Conclusion

FundingPips is a unique, flexible, and growth-oriented proprietary trading firm. Letting traders choose from multiple evaluation models, providing competitive profit splits, and outlining a clear scaling to bigger capital, is what sets it apart.

FundingPips positions itself with a unique approach to risk and account management in their firm. The reassurance it offers traders is solid because of their ISO certifications and good reviews on Trustpilot.

There will always be a few shortcomings, like the firm having more strict rules after initial funding and no data on savings account spreads. Having no time-limit evaluations, extra payout routes, and multiple trading platforms makes it a dependable choice.

For disciplined traders, specially those with a focus on long-term growth, having no time-limit evaluations, extra payout routes, and multiple trading platforms makes FundingPips a dependable choice.

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