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Funding Pips is a proprietary trading firm offering simulated trading programs for traders who want access to larger account allocations without putting equivalent personal trading capital at risk. The firm currently offers five account models: 1 Step Flex, 2 Step Standard, 2 Step Pro, 2 Step Flex, and Zero. Account sizes range from $5,000 to $200,000, with the available sizes depending on the selected model.
The main differences between Funding Pips programs are the evaluation structure, profit targets, daily loss limits, maximum overall loss, minimum trading requirements, and reward structure. For example, the 1 Step Flex model uses a 12% profit target with a 3% maximum daily loss and 12% static maximum overall loss, while the 2 Step Standard uses an 8% Phase 1 target, 5% Phase 2 target, 5% daily loss limit, and 10% static maximum overall loss.
Funding Pips also offers different reward cycles and splits depending on the model. Current programs can provide weekly, bi-weekly, monthly, or on-demand reward structures, with some models offering up to 100% reward splits under specific eligibility conditions.
For traders comparing prop firms, the account size alone is therefore not enough to evaluate Funding Pips. The more important comparison points are the drawdown methodology, loss limits, evaluation targets, reward frequency, trading restrictions, and conditions attached to each reward split.
FundingPips is a well-known proprietary trading firm that offers flexible funding programs, multiple trading platforms, and access to a broad range of CFD markets. Its no-time-limit evaluation model and competitive profit-sharing structure make it attractive for disciplined traders. However, like most prop firms, success depends on consistently following strict risk management rules, particularly drawdown limits. Traders should carefully review all trading conditions before purchasing a challenge.
Traders select a Funding Pips program, meet its applicable trading and risk requirements, and can progress to a Master Account after successfully completing the required evaluation. The exact targets, loss limits, and reward conditions depend on the selected model.
Funding Pips offers multiple account sizes across its different models. The currently documented programs include account sizes ranging from $5,000 upward, with the maximum available size depending on the specific program.
The profit target depends on the model. For example, the 1-Step Flex model has a 12% target, while 2-Step Standard requires 8% in Phase 1 and 5% in Phase 2.
The daily loss limit varies by program. For example, 1-Step Flex uses a 3% daily loss limit, while 2-Step Standard uses 5%. The calculation can also depend on the opening balance or equity for the day. Check rules section for more information
Funding Pips does not use one universal drawdown model across all programs. The calculation differs between models, so traders should check the specific account's maximum-loss methodology before purchasing.
The reward split depends on the program and selected reward cycle. Some current Funding Pips structures offer splits of 80%, 85%, 90%, 95%, or 100%, subject to the applicable eligibility requirements.
Reward frequency depends on the account model. Current programs include weekly, bi-weekly and monthly reward cycles, while certain models also provide on-demand reward options.
Weekend-holding rules vary by model and can change over time. For example, Funding Pips currently states that weekend holding is not allowed on Master Accounts under its 2-Step Flex temporary trading-condition update. News-trading conditions depend on the applicable program and account stage. Traders should check the current trading conditions for their specific model before trading around major economic releases. EA and automated-trading conditions are subject to Funding Pips' trading rules. Traders should verify that their particular EA or automated strategy complies with the firm's permitted trading practices.
No. Funding Pips states that its evaluation and Master Accounts operate in a simulated trading environment rather than as conventional live brokerage accounts.
A breach of the applicable daily loss limit can result in the account being failed or terminated. The exact threshold and calculation method depend on the selected program.
Funding Pips Zero is a separate program with its own trading and reward conditions rather than following the standard 1-Step or 2-Step evaluation structure. Its current rules include specific profitable-day, consistency and safety-cushion requirements.
It depends on the trader's experience and risk-management ability. The different account models have specific drawdown, daily-loss and trading-conduct rules, so traders should understand these mechanics before purchasing an evaluation.
