FundingPips Overview

FundingPips is a prop firm offering simulated trading evaluations and Master Accounts through several trading models. Its current product range includes 1 Step Flex, 2 Step Standard, 2 Step Pro, 2 Step Flex, and FundingPips Zero. The company states that its accounts operate in a simulated trading environment rather than as conventional live brokerage accounts.

The firm's current account sizes range from $2,500 to $200,000 depending on the model and country. FundingPips also provides a scaling route through its Prime Account structure, with Prime capital capable of reaching a stated $2 million maximum.

One of the more notable aspects of FundingPips is the variety of reward structures. Depending on the account model, traders can have access to weekly, bi-weekly, monthly, daily, or on-demand reward schedules. Some models offer reward splits reaching 100%, although the conditions attached to each reward option differ.

The main point traders should understand before purchasing a FundingPips challenge is that the rules are model-specific. Daily loss limits, maximum loss, profit targets, minimum trading days, reward schedules, and trading restrictions are not identical across all account types.

Key Facts

• ●Prop firm: FundingPips
• ●Trading environment: Simulated trading
• ●Evaluation models: 1 Step Flex, 2 Step Standard, 2 Step Pro, 2 Step Flex
• ●Instant model: FundingPips Zero
• ●Account sizes: $2,500 to $200,000 depending on model and availability
• ●Maximum shared allocation: $400,000
• ●Prime scaling: Up to $2 million
• ●Platforms: MetaTrader 5, cTrader, and Match-Trader
• ●Forex leverage: Up to 1:100 on several standard models
• ●Reward splits: Model-dependent, reaching up to 100%
• ●Markets: Forex, metals, energies, indices, and crypto
• ●Free Trial: Available for 2 Step Standard and 2 Step Pro
• ●Restricted countries listed by FundingPips: Vietnam and UAE, alongside other jurisdictional restrictions stated by the company.

Trading Programs and Account Types

FundingPips currently provides several approaches to evaluation. The models are designed for different trading preferences, particularly around evaluation difficulty, loss limits, minimum trading days, and reward frequency.

2 Step Standard

The 2 Step Standard model uses two evaluation phases.

Phase 1 offers a choice between an 8% and 10% profit target, with at least three trading days required. Phase 2 has a 5% profit target and also requires at least three trading days.

The model has a 5% daily loss limit and a 10% static maximum loss limit. The daily limit considers the higher of opening balance or opening equity and includes floating P&L. The daily limit resets at 00:00 platform time, UTC+3.

Once traders pass both phases, they can progress to a Master Account. The model provides several reward choices: 60% weekly, 80% bi-weekly, 100% monthly, or 90% on demand subject to the applicable conditions.

2 Step Pro

The 2 Step Pro model uses a 6% profit target in both Phase 1 and Phase 2. Traders need at least one trading day in each phase.

The model has a 3% daily loss limit and 6% static maximum loss limit. Its Master Account reward structure currently provides an 80% weekly reward split.

This structure may appeal to traders who prefer a lower profit target per phase but are comfortable operating under a tighter overall drawdown.

2 Step Flex

The 2 Step Flex model uses a 10% Phase 1 target and a 6% Phase 2 target. It has a 4% daily loss limit and 12% maximum loss limit.

The model provides an 85% bi-weekly reward structure, while a 95% option is available with additional profitable-day requirements. The reward split is selected when purchasing the account and remains locked for the account's life.

1 Step Flex

The 1 Step Flex model has a single 12% evaluation target and a 3% daily loss limit with a 12% static maximum loss limit.

Its standard Master Account reward option is an 85% bi-weekly split. FundingPips also lists alternative reward cycles for other models, making it important to check the exact account selected before purchase.

FundingPips Zero

FundingPips Zero is an instant Master Account model with no traditional evaluation phase. It has a 3% daily loss limit and a 5% trailing maximum loss limit.

Its reward structure currently provides a 95% bi-weekly split, but traders must satisfy additional eligibility conditions, including a consistency score of 15% or below, seven profitable trading days, a 3% safety cushion, and a requirement relating to the largest losing trade versus the largest winning day.

Trading Rules and Risk Management

FundingPips uses different risk parameters across its models. Traders therefore need to review the specific rules attached to their account instead of assuming that the rules of one model apply universally.

The 2 Step Standard has a 5% daily loss limit and 10% static maximum loss. The 2 Step Pro has a 3% daily loss limit and 6% static maximum loss. The 2 Step Flex uses a 4% daily limit and 12% maximum loss.

FundingPips also applies responsible-trading and trading-conduct policies. The company prohibits strategies including latency arbitrage, server exploitation, toxic trading flow, certain forms of hedging and arbitrage, tick scalping, opposite-account trading, and account churning. Copy trading between different users and third-party account management are also prohibited under the general trading conduct rules.

Drawdown Rules

The drawdown methodology depends on the selected model.

For example, the 2 Step Standard uses a static 10% maximum loss. On a $100,000 account, this means equity or balance cannot reach $90,000.

Its 5% daily loss limit is calculated from the higher of the opening balance or opening equity for the trading day. Floating and closed P&L are included.

The distinction between daily loss and maximum loss is important because breaching either applicable hard limit can result in account closure.

Daily Loss Rules

Daily loss limits vary considerably between models. Current published figures include 3% for 1 Step Flex, 5% for 2 Step Standard, 3% for 2 Step Pro, 4% for 2 Step Flex, and 3% for FundingPips Zero.

Traders should also pay attention to model-specific Master Account rules. For example, the 2 Step Standard introduces a risk-per-trade-idea limit on larger Master Accounts.

Profit Split and Payouts

FundingPips has one of the more flexible reward structures among its current product offerings. However, "up to 100%" should not be interpreted as a universal split across every account.

The 2 Step Standard provides weekly 60%, bi-weekly 80%, monthly 100%, and on-demand 90% options subject to their respective requirements.

The 2 Step Pro currently provides weekly 80% rewards. The 2 Step Flex provides an 85% bi-weekly option and a 95% option with additional profitable-day requirements.

The 1 Step Flex also offers multiple reward timing options, including on-demand, weekly, bi-weekly, and monthly structures with different splits.

How Payouts Work

FundingPips refers to trader withdrawals as rewards. Depending on the account and selected reward structure, traders may request rewards on weekly, bi-weekly, monthly, or on-demand schedules.

Minimum reward requirements and consistency conditions can apply. For example, the 1 Step Flex on-demand structure requires a 35% consistency score and at least 2% profit, while its monthly structure offers a 100% split after the applicable 30-day cycle.

FundingPips also supports different reward methods and allows traders to use rewards to purchase another challenge.

Trading Platforms and Markets

FundingPips currently supports MetaTrader 5, cTrader, and Match-Trader. MT5 also provides an optional Swap-Free add-on for eligible traders.

The firm's website lists Forex, metals, energies, indices, and crypto among its supported markets. Leverage varies according to the model and instrument, with Forex leverage reaching 1:100 on several standard models.

Commission structures also vary. FundingPips currently lists $5 per lot for standard Forex and metals accounts, while crypto uses a percentage-based commission structure. Swap-Free MT5 accounts have different commission terms.

Platform and Execution Considerations

The availability of three major trading platforms gives traders some flexibility. However, platform selection can affect the availability of specific features, such as the Swap-Free add-on.

FundingPips describes its environment as simulated rather than a conventional live brokerage account. The company states that no actual trades are executed on live financial markets through its programs.

News Trading, EA and Copy Trading Rules

News trading and automation rules are model-specific.

For example, FundingPips states that news trading is allowed on the Master Account under the 2 Step Standard model, subject to a 10-minute window restriction.

The firm's general trading-conduct policy prohibits copy trading between different users and third-party account management. Traders should therefore check the exact rules applicable to their model before using EAs, automated strategies, copying tools, hedging strategies, or other specialized methods.

There are exceptions. FundingPips specifically states that its 1K Instant Giveaway account permits third-party EAs and trade copiers, as well as unrestricted news trading and weekend holding. These permissions apply to that account and should not be assumed to apply to other FundingPips models.

Who Is This Prop Firm Best For?

FundingPips may be suitable for experienced traders who want to choose between different evaluation structures rather than being restricted to one challenge format.

The 2 Step Standard can suit traders who prefer a conventional two-phase evaluation and want multiple reward-cycle options.

The 2 Step Pro may appeal to traders who prioritize lower evaluation profit targets and can operate within a tighter 6% maximum-loss limit.

The 2 Step Flex is potentially useful for traders who value a larger maximum-loss allowance and want the option of selecting an 85% or 95% reward structure.

The 1 Step Flex may interest traders who prefer completing a single evaluation phase.

FundingPips Zero is aimed at traders who want to bypass a conventional evaluation, although its trailing loss and reward eligibility requirements create a different risk profile.

Beginner traders should pay particular attention to the firm's hard-breach rules, model-specific loss calculations, and trading-conduct restrictions before purchasing an account.

Pros and Cons

Pros

• ●Multiple evaluation models with different risk structures.
• ●Account sizes ranging from $2,500 to $200,000 depending on model and availability.
• ●Shared maximum allocation of $400,000.
• ●Prime scaling path advertised toward $2 million.
• ●Multiple reward schedules across the product range.
• ●Reward splits can reach 100% on qualifying structures.
• ●Supports MT5, cTrader, and Match-Trader.
• ●Free Trial available for 2 Step Standard and 2 Step Pro.
• ●Clear published model-specific loss limits and evaluation targets.
• ●Option to reinvest rewards into another challenge.

Cons

• ●Rules vary significantly between account models.
• ●Some reward structures require consistency or profitable-day conditions.
• ●Certain trading strategies are prohibited under the trading-conduct policy.
• ●Weekend holding restrictions can apply to Master Accounts depending on the model and current rules.
• ●Some larger Master Accounts are subject to additional risk-per-trade-idea rules.
• ●FundingPips operates its programs in a simulated environment rather than providing conventional live brokerage accounts.
• ●The maximum allocation is shared across active Evaluation, Master, and Prime accounts.

Prop Firms Insider Verdict

FundingPips stands out primarily because of the breadth of its current product range. Instead of forcing every trader into the same evaluation structure, it provides several models with different profit targets, drawdown limits, minimum trading-day requirements, and reward schedules.

Its 2 Step Standard is particularly flexible in terms of reward timing, while the 2 Step Pro offers a simpler two-phase target structure. The 2 Step Flex provides another alternative for traders who prioritize a larger maximum-loss allowance. FundingPips Zero takes a different approach by removing the traditional evaluation stage.

The biggest consideration is rule complexity. A trader cannot safely evaluate FundingPips using a single headline such as "up to 100% profit split." The actual conditions depend on the model, account size, reward cycle, and whether additional trading policies are triggered.

The firm's public Help Center provides substantial information about evaluation targets, loss limits, reward cycles, trading conduct, platforms, and scaling. That level of published documentation supports a relatively strong transparency assessment.

Traders should nevertheless read the rules for the exact account they intend to purchase because FundingPips periodically updates trading conditions and maintains different requirements across its models.

Final Rating

Prop Firms Insider Rating: 4.5 / 5

The rating reflects FundingPips' broad choice of account models, multiple reward structures, platform selection, published risk rules, free-trial availability, and Prime scaling route. The deduction reflects the complexity of model-specific rules and restrictions that traders need to understand before participating.

Trust Score

Trust Score: 8.6 / 10

The score reflects the amount of publicly available information covering trading rules, reward structures, account models, trading conduct, platforms, and allocation limits. FundingPips also publicly identifies its simulated trading environment and provides corporate information on its website.

Frequently Asked Questions

Is FundingPips a live trading prop firm?

No. FundingPips states that its accounts operate in a simulated trading environment and that its programs are not conventional live brokerage accounts.

What is the maximum FundingPips allocation?

FundingPips currently states that the maximum shared allocation across active Evaluation, Master, and Prime Accounts is $400,000. Its Prime scaling structure can reach $2 million in Prime capital.

What is the FundingPips profit split?

It depends on the model and reward schedule. Some current structures provide 60%, 80%, 85%, 90%, 95%, or 100% reward splits under specified conditions.

Does FundingPips allow news trading?

News-trading permissions depend on the account model. For example, 2 Step Standard Master Accounts allow news trading subject to a 10-minute window restriction. Traders should check their specific model's current rules.

Does FundingPips allow EAs?

Rules vary by account type. FundingPips generally restricts certain automated or prohibited strategies, while its 1K Instant Giveaway specifically permits third-party EAs and trade copiers.

Does FundingPips offer a free trial?

Yes. FundingPips currently offers a Free Trial for its 2 Step Standard and 2 Step Pro models. The trial provides 14 calendar days per phase and does not convert into a Master Account.

How much can FundingPips traders scale?

FundingPips states that its Prime Account scaling path can reach $2 million, while the shared active allocation limit across Evaluation, Master, and Prime Accounts is $400,000.