Funding Pips - Prop Firm Review

Pricing snapshot

Firm Overview

Funding Pips is a proprietary trading firm operating through FundingPips Corp, registered in the Union of the Comoros (registration HY01223081, licence Bfx2024004), with an administrative address in Dubai (IFZA) and a support entity in Cyprus. It is not authorised by the FCA, ASIC, CySEC or any other Tier-1 regulator, and it does not claim to be.

Per Funding Pips’ own disclosure, all accounts are demo accounts operating exclusively in a simulated trading environment. No trades are executed on live financial markets. You are paid real money on simulated performance. That is how most of this industry works, but it is worth knowing.

Maximum allocation is 400,000 USD, shared across all of your active accounts. Platforms are MetaTrader 5, cTrader and Match-Trader. Funding Pips is not available to residents of the UAE or Vietnam.

Real trader reviews - Funding Pips6 real trader reviews for Funding Pips

Syed Iman

Forex trader based in Hassan, Karnataka, and an electrical and electronics engineering undergraduate at Malnad College of Engineering. He has traded with FundingPips, including its two step Pro account, and shared a detailed account of that experience for JoinProp readers.

FundingPips is one of the prop firms I have personally traded with, and what I like most is how straightforward the overall structure feels. My favorite is their two-step program, especially the Pro account, because I find the profit target more manageable. I also like their clear drawdown structure, payout cycles and fast payouts, and the fact that there isn't a consistency rule restricting how I make my profits. Over the years, I've seen FundingPips continue to improve and introduce new features, including the Flex model in their two-step program. I also like that the Flex model provides a higher overall maximum drawdown, which gives traders more room to manage their positions. Compared with some other firms I've experienced, where additional rules can make things complicated, I find FundingPips relatively simple and easy to understand.

If I had to mention one area for improvement, it would be the daily drawdown on the Flex model. Although the maximum overall drawdown is higher, I feel the daily drawdown is comparatively restrictive. Increasing the daily drawdown slightly could give traders more flexibility while still maintaining responsible risk management. Apart from that, I really like their payout system, overall simplicity, pricing and reputation in the prop-trading space. For me, the two-step account remains my favorite because of its overall structure and the freedom it gives me to trade my strategy.

LinkedIn profile

Published 12 August 2026

Seydou Sango

CFD trader, signal provider and account manager based in Ouagadougou, Burkina Faso. He works with AvaTrade, studied at the University of Ottawa, and shared his experience of trading FundingPips challenges for JoinProp readers.

My journey with Fundingpips has been interesting because I didn't experience major issues them yet, fastest payouts and lowest challenges price and no hidden rules. But what I would be expecting them to improve are : delete the restrictions on news trading and also add some swing trading account.

LinkedIn profile

Published 12 August 2026

Braulio Rivera Godoy

Securities trader based in Madrid, Spain, who studied at the Pontificia Universidad Catolica del Ecuador. He has traded funded accounts since 2022, starting with MyForexFunds and later passing challenges with Funding Pips in 2024 and Alpha Futures in 2025.

Funding Pips has been a great experience overall. Their rules are clear, the scaling plan is attractive, and they are transparent with their payout process. I passed my challenge with them at the end of 2024 and have found their platform reliable.

LinkedIn profile

Published 13 August 2026

VI

Vedanta Indalkar

Intraday trader based in Mumbai, India, and a biotechnology graduate of MIT World Peace University. He has traded with both FTMO and FundingPips, and compared the two for JoinProp readers.

Payouts are quick, sometimes within hours, and the rules are pretty clear upfront. Overall a very good prop firm and their challenges are value for money.

LinkedIn profile

Published 13 August 2026

Maxwell Kommene Maxwell

Foreign exchange trader based in Adamawa State, Nigeria, who trades with both FundedNext and FundingPips. He shared a balanced view of the FundingPips offering for JoinProp readers.

My experience with FundingPips has been positive, especially because of the straightforward trading conditions, competitive profit splits, and flexibility they offer traders. One area that could be improved is communication and support around certain account or payout-related processes, but overall, I have found FundingPips to be a solid option for traders looking for a prop firm. What I like most about FundingPips is the flexibility, competitive profit split, and overall trading conditions, which give traders room to focus on executing their strategies. I think the firm could improve by making communication and support around payouts, account rules, and policy changes even clearer and more transparent.

LinkedIn profile

Published 20 August 2026

SK

Samuel Kimutai

Founder of Agentic Vibe and Aesap Tutors, based in Nairobi, Kenya, and a graduate of Egerton University. He has been a funded FundingPips trader since 2024.

Funding Pips has been the only prop firm I have traded with, and I have never felt a reason to look elsewhere. Challenge pricing is fair for what you get, the rules are clear and consistently enforced, and, critically for anyone trading from Kenya, withdrawals have always been fast and reliable, with support that actually responds.

Since getting funded in 2024, I have passed multiple Phase One and Phase Two evaluations, most recently in July 2026. I also reached the number 1 spot globally on Funding Pips own live leaderboard for 10,000 dollar accounts. None of that happens without a firm that gets out of the way and lets a strategy actually play out, that is the best review I can give them.

LinkedIn profile

Published 20 August 2026

June 2026 Payout Report New

On these figures: payout data is self-reported by FundingPips and is not independently audited. FundingPips reports rewards monthly and breaks the total down by country and by individual trader rather than publishing a headline figure alone, which makes the claim easier to sanity-check. It did not, however, disclose how many rewards it paid in June - and a payout count matters, because a large total can be driven by a handful of outsized winners.

The Profit Split Is a Payout-Frequency Trade-Off

This is the single most misunderstood thing about Funding Pips, and most reviews get it wrong. The advertised “up to 100%” is not a performance tier and not a paid add-on. It is the split you receive if you agree to wait a month to be paid. The faster you want your money, the smaller your share.

The practical consequence: a trader who needs regular cashflow and picks weekly payouts keeps 60% - less than the industry-standard 80% Funding Pips is usually credited with. The 100% figure in the marketing and the 60% floor are the same offer seen from opposite ends.

Note that this applies to the four standard models. 2 Step Pro is weekly-only at a flat 80%, 2 Step Flex lets you lock 85% or 95% at purchase, and Zero is a flat 95% bi-weekly.

The Six Programmes, Compared

The daily drawdown is calculated from the higher of your opening balance or opening equity, includes floating profit and loss, and resets at 00:00 UTC+3.

The static maximum drawdown is the genuinely good news here. In Funding Pips’ own words: “This is a static floor; it never moves.” It does not chase your equity upward the way a trailing drawdown does. The two exceptions are Zero (5%, trailing your highest recorded equity) and Prime (see below).

What It Actually Costs

List prices in USD, taken from the Funding Pips checkout. Discount codes are frequently available and are not applied here.

A 2,500 USD account exists in selected countries. The 200,000 USD size is only sold on 2 Step Pro and Zero. A swap-free account (MT5 only) adds 10% to the fee.

The number nobody publishes: total cost to funded

A challenge fee is not what getting funded costs. Resets are - and Funding Pips resets are not free. They are offered at a 10% discount, so you pay 90% of the account price again, and only within 7 days of the breach. On a 50,000 USD account:

Read the bottom row carefully. The 4th-reward refund returns only your original registration fee. Reset fees are never refunded. So a trader who resets twice on 2 Step Standard, passes, and reaches a 4th reward is still 513 USD out of pocket - not zero, as “fee refund” implies. A trader on 2 Step Pro or Flex gets nothing back at all.

A reset on a Phase 2 account restarts you from Phase 1. Accounts closed for inactivity do not qualify for a reset.

The Rule That Silently Fails People: the Profit Concentration Policy

Introduced on 27 June 2026, and in our view the most consequential rule at the firm - because nothing warns you about it.

If a single trade idea produced more than 60% of your profit target during any evaluation phase, you still pass. Nothing is flagged. But the funded account you are given carries a permanent condition: it requires 4 minimum profitable days before every single reward request, for the lifetime of that account. A profitable day means net realised profit of at least 0.5% of the initial balance.

You do not discover this when you pass. You discover it when you try to get paid. It applies to evaluation accounts of 25,000 USD and above created on or after 27 June 2026.

Risk Per Trade Idea

On funded (Master) accounts, no single trade idea may risk more than 3% of the account below 50,000 USD, or 2% at 50,000 USD and above. Breaches are handled through an escalating warning system that can reduce your profit split and ultimately close the account. Warnings are logged against floating drawdown - meaning a trade can be recorded against you even if it eventually closes in profit.

Two notes. The rule is removed entirely on 2 Step Pro - a genuine and under-advertised advantage of that model. On 2 Step Flex it applies at 3% at 25,000 USD and 2% above, and not at all below 25,000 USD.

FundingPips Zero: Read the Gates Before You Buy

Zero is instant funding with no evaluation and a 95% split, which sounds excellent. The rules underneath are the strictest on the site.

• Max drawdown is 5% and it TRAILS your highest recorded equity. It never moves down. It locks permanently only once your equity is 5% above the starting size.
• Max Open Risk Limit of 1% - your floating loss may never exceed 1% of starting size. This is a hard breach, and it can trigger with no closed trades at all.
• News trading and weekend holds are hard breaches on every instrument.
• No reset. Ever. Breach it and the money is gone.

And a reward on Zero requires four conditions simultaneously: a consistency score of 15% or better; 7 profitable days of at least 0.25% each per rolling 30 days; a 3% safety cushion (your first 3% of profit is not withdrawable); and your biggest losing day must not exceed your biggest winning day.

That is a demanding set of gates. Zero is not the easy route it appears to be.

Weekend Holding Is Currently Suspended

Since 29 January 2026, weekend holding has been suspended on Master (funded) accounts across all four standard models - 1 Step, 2 Step Standard, 2 Step Flex and 2 Step Pro. Open trades are auto-closed by the system at Friday’s close. Helpfully, on those four models this is not treated as a hard breach.

Two qualifications. Weekend holds are still permitted during the evaluation phases - the suspension is funded-account-only. And on Zero, a weekend hold is a hard breach as a standing rule, not part of this temporary change.

Funding Pips still labels this “temporary”, and it has now been in force for close to six months. Check the current position before building a swing strategy around it.

Payouts

• Your cycle starts from your first executed trade on the Master account - not from a calendar date.
• Minimums: 1% of account size for crypto; 500 USD for Rise and bank transfer; card has no stated minimum. On Demand requires 2%.
• Methods: card (Visa/Mastercard), crypto (USDT/USDC on ERC-20 or TRC-20), Rise, and bank transfer in selected regions. Card payouts can land within 30 minutes where your bank supports it.
• Timing: 1-3 working days to process, plus 1-2 for funds to arrive. A Friday request begins processing on Monday.
• You must close all trades and pending orders and wait 15 minutes after your last trade before requesting.
• Crypto payouts carry deductions. Funding Pips: “Rewards are subject to service fees, exchange rates (USD to USDT), and network transaction fees, all deducted during processing. The final amount received may be less.”

You can also convert a reward directly into a new challenge, or move it to Tradin for a 30% trading credit bonus, instead of taking cash.

Trading Conditions

• Instruments: forex, metals, energies, indices and crypto. No stocks or equities.
• Commissions: 5 USD per lot on forex and metals. No commission on indices or energies. Crypto is 0.04%. Swap-free accounts (MT5) double forex and metals to 10 USD per lot.
• Leverage: forex 1:100, metals 1:30, indices 1:20, energies 1:10, crypto 1:2. Swap-free roughly halves these - forex drops to 1:30. Crypto is currently reduced to 1:1 on Master accounts, and a dynamic leverage system has applied to metals, indices and energies on Master accounts since 16 March 2026.

Prime and Scaling

Prime is the only scaling route at Funding Pips. There is no scaling plan on 1 Step, 2 Step Standard, 2 Step Pro, 2 Step Flex or Zero.

You enter Prime after your 3rd reward, or by invitation. Your Prime account size is set at 12.5× your post-split reward amount, and your Master account is closed when Prime opens. The terms differ substantially from the standard models:

• Split: 80%, requestable daily, as many times a day as you like.
• Daily loss: 2%, and it is SOFT - it pauses trading for the rest of the day rather than breaching you. That is unusually humane.
• Max loss: 8%, and TRAILING. It follows your highest end-of-day balance and locks at 3% below your starting size once you close 5% up.
• Requires 10 profitable days per level, each 0.5% or better.
• Ceiling: 2,000,000 USD.

One caveat we will not paper over. Funding Pips’ marketing page and its help centre disagree on the scaling rate: the marketing page’s table shows +30% per level, while the help centre - the rules of record - says +10% per level. The marketing page even contradicts itself in its own body copy. We would treat +10% as correct and the marketing table as an error, but confirm it before you plan around it.

How Funding Pips Compares

The honest differentiator: Funding Pips is the only firm in this group whose top split is free and rule-based rather than bought or earned over months. FundedNext charges +30% of your fee for 95%. FTMO and The5ers make you scale for it. At Funding Pips you simply accept a 30-day payout cycle. Whether that is a good trade depends entirely on whether you need the cash sooner - and if you do, you drop to 60%, the worst headline rate of the four.

Who Funding Pips Suits - and Who Should Avoid It

It suits you if you are patient about being paid. The 100% split on a monthly cycle is genuinely the best headline rate in the industry and costs nothing to access. The 10% static max drawdown is honest and does not chase you. There is no time limit. And 2 Step Pro is quietly the best-value product on the site - the cheapest fees, a 1-day minimum, and the Risk Per Trade Idea rule removed entirely - provided you can live without the fee refund.

Avoid it if you need frequent payouts. Weekly cashflow costs you 40% of your profit. Avoid it if you swing trade - weekend holding is suspended on funded accounts and has been for six months. Avoid Zero unless you have read all four reward gates, the 1% floating-loss limit and the trailing drawdown; it is the hardest product here, not the easiest. And if your edge comes from a small number of large wins, the Profit Concentration Policy will quietly attach a 4-profitable-day gate to every payout you ever request.

Frequently Asked Questions

What is the real profit split at Funding Pips?

It depends entirely on how often you want to be paid. Weekly is 60%, bi-weekly 80%, On Demand 90% (with a 35% consistency requirement) and monthly 100%. The advertised “up to 100%” is accurate but describes only the slowest option.

Is the maximum drawdown trailing?

Not on the four standard models - it is a static floor that never moves. It is trailing on FundingPips Zero (5%, off your highest equity) and on Prime (8%, off your highest end-of-day balance).

Can I hold positions over the weekend?

Not on a funded account. Weekend holding has been suspended across all four standard models since 29 January 2026, and open trades are auto-closed at Friday’s close. You can still hold over the weekend during the evaluation phases. On Zero, a weekend hold is a hard breach.

How much does a reset cost?

90% of the original account price, available only within 7 days of a breach. There is no free reset, and Zero cannot be reset at all.

Do I get my challenge fee back?

Only on 1 Step and 2 Step Standard, and only when you reach your 4th reward. 2 Step Pro, 2 Step Flex and FundingPips Zero are excluded. Reset fees are never refunded.

Does breaching the consistency rule close my account?

No. On the standard models the 35% consistency score only affects your ability to use the On Demand payout option. It is not an account-breach condition. On Zero, however, a 15% consistency score is one of four gates you must clear to be paid at all.

Can I trade stocks?

No. Funding Pips offers forex, metals, energies, indices and crypto only.