Funding Pips

Comments (5203)

CFD

Established: 2022

Region: UAE

Basic Introduction

Challenge Steps: 1-Step, 2-Step, 3-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：1-Step: 5K($59), 10K($99), 25K($199), 50K($299), 100K($499)；2-Step: 5K($36), 10K($66), 25K($156), 50K($266), 100K($444)；3-Step: 10K($59), 25K($139), 50K($219), 100K($349)

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 traders' trading styles. Traders are allowed to hold positions during news releases, keep trades open overnight, and maintain positions over weekends. However, third-party copy trading programs are prohibited.

Funding Pips Features

Challenge Mode: Offers 1-step, 2-step, 3-step challenges, with account sizes ranging from $5,000 to $100,000.
Profit Split: Traders can earn up to 100% profit share
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: Scaling plan and refundable fee (after the fourth withdrawal), allows the use of EAs, trading during news releases, and holding positions over weekends.

Funding Pips Rules

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#1 Challenge Time: Unlimited for all challenge types

#2 Daily Drawdown: 1-Step has a maximum daily drawdown of 4%, 2-Step has a maximum daily drawdown of 5%, and 3-Step has a maximum daily drawdown of 4%.

#3 Maximum Drawdown: 1-Step has a maximum total drawdown of 6%, 2-Step has a maximum total drawdown of 10%, and 3-Step has a maximum total drawdown of 6%.

#4 Trading Days: 3 Days

#5 Profit Target: 1-Step has a target of 10%; 2-Step has targets of 8% for the first phase and 5% for the second phase; 3-Step has a target of 5% for all three phases.

#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: Includes holding positions over weekends and during news releases; prohibits third-party copy trading programs; restricts maximum lot sizes for different account sizes (Toxic Trading)

Funding Pips Challenge Fee

F‍unding Pips 1-Step Challenge Fee

$5,000 USD account: $59 USD
$10,000 USD account: $99 USD
$25,000 USD account: $199 USD
$50,000 USD account: $299 USD
$100,000 USD account: $499 USD

F‍unding Pips 2-Step Challenge Fee

$5,000 USD account: $36 USD
$10,000 USD account: $66 USD
$25,000 USD account: $156 USD
$50,000 USD account: $266 USD
$100,000 USD account: $444 USD

F‍unding Pips 3-Step Challenge Fee

$10,000 USD account: $59 USD
$25,000 USD account: $139 USD
$50,000 USD account: $219 USD
$100,000 USD account: $349 USD