Active

Funding Pips

4.25

Industry Tier:
A
UAE
Date Created: 2022
Years in Operation: 3
5%

Firm Overview

Broker

Liquidity Provider

Platform

MT5, Match Trader, cTrader

Payment Methods

Bank Transfer, Credit/Debit Card, Crypto, ApplePay, PayPal, Skrill, Neteller

Payout Methods

Riseworks, Cryptocurrency

Instruments and Assets

Type of Instruments

CFD

Assets

Forex, Metals, Indices, Energy, Cryptocurrencies

Commissions

FX

$7 per lot | 1-Step, 2-Step: $5 per lot

Metals

Free

Indices

Free

Energy

Free

Crypto

0.04% per trade

Firm Rules

Funding Pips offers four evaluation models: Instant Funding (Zero), One-Step and two Two-Step options (Standard and Pro).

Evaluation Phase Rules (One-Step, Two-Step and Zero)

  • Daily Loss Limit: Ranges from 3% to 5% of the starting balance, depending on the challenge model used.
  • Maximum Total Drawdown: Typically 6% to 10%, varying by model.
  • Profit Target:
    • One-Step Challenge: ~10% within the evaluation period.
    • Two-Step Challenge: Phase 1 requires ~8%, Phase 2 requires ~5%.
    • Zero Program (Instant Funding): Reaches 4% profit (often split into 3% then additional 1%).
  • Minimum Trading Days:
    • Standard models require at least 3 trading days per phase.
    • Pro Two-Step challenge may accept just 1 trading day per phase.
  • Time Limits: Most evaluations come with no fixed time limit, giving traders flexibility.

Funded (Master) Account Rules

  • Post-funding Loss Caps:
    • Introduces a 1% floating loss cap and sometimes a 15% consistency rule, particularly in Zero/Pro modes
  • Trading Restrictions:
    • Weekend and news trading are prohibited in funded accounts
    • Disallowed strategies include high-frequency trading (HFT) and latency arbitrage
  • Other Constraints:
    • A daily lot size limit used to apply in older models but is now removed for new One-Step accounts

Payout Policy

Profit Split & Reward Cycles

  • Profit splits range from 80% to 100%, depending on reward cycle and performance levels.
  • Reward cycle options include:
    • Weekly payouts (60% profit split)
    • Bi-weekly payouts (80% profit split)
    • Monthly or on-demand payouts, with profit splits up to 100% for top-tier traders.
  • Hot Seat Program unlocks on-demand payouts at 100% profit split.

Payout Frequency 

  • Payouts are available every Tuesday, delivering 4-5 payouts per month.
  • Depending on when a funded (Master) account starts, traders may receive payouts:
    • Next day
    • Same day
    • Within four trading days after account activation.

Payout Processing & Minimums

  • The minimum withdrawal amount is 1% of the initial account balance (including profit share).
  • Payouts typically process within 1-3 business days, with instant or near-instant payouts available via debit/credit card – often ready within 30 minutes to 48 hours, depending on banking processes.
  • No payout denials policy ensures approved payouts go through reliably. 

Scaling Plan

Funding Pips offers a step-based scaling path:

  • Launchpad: 4 payouts + 10% profit → +20% account growth, higher limits
  • Ascender: 8 payouts + 20% profit → +30% growth, more flexibility
  • Trailblazer: 12 payouts + 30% profit → +40% growth, expanded limits
  • Hot Seat: 16 payouts + 40% profit → account doubles, 100% split, on-demand payouts, up to $2 million.

Additional Notes

  • No maximum withdrawal limit, traders can withdraw all approved profits, subject to payout cycle rules.
  • Payouts are processed transparently, but traders should account for potential:
    • $10 processing fees
    • Exchange rate fluctuations
    • Service charges, depending on the method

Risk Warning

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