Funding Pips

Comments (5203)
Established: 2022
Region: UAE

Basic Introduction

Challenge Steps: 2-Step
Challenge Time: Unlimited
Minimum Trading Day: 0 day
Initial Profit: > 80 %
Instruments: Major/Minor pairs, Indices, Metals, Commodities, Cryptocurrencies
Features: EA is allowed, news trading is allowed, weekend positions are allowed, and challenge fees are refunded
Account Size:5K 10K 50K 100K 25K
Challenge Fee:$32、$60、$139、$239、$399

Other Introduction

Broker: Liquidity provider/own broker
Platform: cTrader, TradeLocker, Match Trader

Funding Pips Overview

Funding Pips is a proprietary trading company founded in 2022 and headquartered in Dubai, United Arab Emirates. It provides traders with a platform to demonstrate their skills and earn funds through its unique evaluation process. The company provides traders with the opportunity to manage demo accounts with large amounts of funds, focusing on identifying and cultivating trading talents.

The Funding Pips blueprint may include expanding funding options, improving trading conditions, and developing more educational and analytical tools. The company aims to build long-term relationships with traders, which is reflected in its flexible challenge options and commitment to trader education and support.

Funding Pips emphasizes the importance of risk management and transaction consistency, providing traders with opportunities of up to $2 million USD in size. The company's scaling plan and profit distribution structure demonstrate its commitment to supporting the growth and success of traders.

Funding Pips does not regulate the trading style of traders. They can trade during news periods, hold trades overnight, and trade on weekends, but any type of hedging is prohibited.

Funding Pips Features

  • Transaction Challenge: Provides a 2-stage challenge, with an account size ranging from $5,000 USD to $100,000 USD
  • Profit Split: Traders can enjoy up to 90% profit sharing
  • Trading Instruments: Major/Minor pairs, Metals, Indices, Commodities, Cryptocurrencies, etc.
  • Leverage: The highest for foreign exchange is 1:100, the highest for indices is 1:20, the highest for metals is 1:30, the highest for energy is 1:10, and the highest for cryptocurrencies is 1:2
  • Scaling Plan: As the account size and loss limit increase, there is an opportunity to expand to $2 million USD
  • Trading Platform: cTrader, Match Trader, TradeLocker
  • Other Features: No minimum trading day, scaling plan and refundable fees, EA allowed, news trading, and holding positions on weekends

Funding Pips Rules

#1 Challenge Time: Unlimited for all challenge types

#2 Daily Drawdown: 5%

#3 Maximum Drawdown: 10%

#4 Minimum Trading Day: No minimum trading day required

#5 Profit Target: 8% in the first stage, 5 in the second stage%

#6 Scaling Plan: The scaling plan is carried out on a hierarchical system. Starting from Level 1, four payments and 10% of the total profit will be obtained. The scale will be expanded by 20% and the total drawdown will be increased to 11%; Level 2 is to obtain eight payments and 20% of the total profit, the scale will be expanded by 30%., The total drawdown increased to 12%, and the maximum daily drawdown increased to 6%. If it continues, the maximum account can be expanded to $2 million USD.

#7 Account Size Type: Provide account size from $5,000 USD to $100,000 USD

#8 Other Conditions: including weekend trading, news trading, and the use of expert consultants (EAs)

Funding Pips Challenge Fee

  • $5,000 USD account: $32 USD
  • $10,000 USD account: $60 USD
  • $25,000 USD account: $139 USD
  • $50,000 USD account: $239 USD
  • $100,000 USD account: $399 USD