Advertising Disclosure
Written by:
Crispus Nyaga
Updated:
Leverage: 1:100
Regulation: UAE
Min. Deposit: $32
HQ: UAE
Platforms: Matchtrader, cTrader
Found in: 2022
Funding Pips Licenses:
Funding pips is designed to identify trading talents and assist them in overcoming funding obstacles. They achieve this by offering an evaluation process that, upon successful completion, allows traders to manage funds up to $100,000. This prop trading firm positions itself as a supportive platform for traders seeking to leverage their skills with capital provided by the firm, aiming to foster a community of successful and financially empowered traders
Funding Pips provides a distinctive chance for individuals to engage in actual trading with minimal to no initial capital required. To become a funded trader, which means trading with the company’s funds, all a trader needs to do is pass a test or challenge to secure a funded account. Subsequently, they can trade with a company account like a professional trader. For more insight on proprietary trading, click here. However, it’s important to consider some significant risks before getting involved. Read more about our insights below to understand these risks better.
| Funding Pips Advantages | Funding Pips Disadvantages |
|---|---|
| Lower Profit Target | No Strict Overseeing |
| Good Pricing | It is hard to become Funded Trader |
| Great variety of Balances with Low Registration Fees | Limited Instrument Range |
| High Profit Share | Doesn't offer MetaTrader Platform |
| Offers cTrader | |
| Refundable Fee once you become Funded Trader | |
| Good range of Challenge Accounts |
Funding Pips is considered a legitimate prop trading firm by various reviews and feedback from its users. Customers have shared their experiences on platforms like Trustpilot, mentioning smooth experiences, great trading conditions, and satisfactory support from the company. Despite some delays in the review, KYC, and onboarding processes after passing phase 2, the overall sentiment towards Funding Pips is positive
We verified the legitimacy of the company through its official website and found no evidence to suggest that Funding Pips is a scam. However, given that proprietary trading firms are minimally regulated by financial authorities, it can be challenging to conclusively determine the firm’s nature as either fraudulent or genuine.
Our professional advice is to thoroughly educate yourself about proprietary trading, comprehend the associated risks, and opt for a company with a solid reputation that has been operational for many years, ensuring a more stable offering. While you primarily pay subscription fees rather than investing significant amounts of your own money, the potential losses are generally lower compared to direct trading with your own funds.
Before you can log in to Funding Pips, it’s essential to choose the trading account balance you aim to qualify for. The account conditions vary slightly depending on the selected account size, influencing the registration fee required to enter the challenge. However, Funding Pips provides a refund of this fee once you achieve the status of a Funded Trader. For a detailed comparison of registration fees based on different account sizes, please refer to our Registration Fee comparison table below:
Funding Pips offers an Algo trading account option tailored for traders who prefer using automated trading strategies. This specific account is designed to accommodate the unique needs of algorithmic trading, providing traders with the opportunity to apply and test their trading bots within the proprietary trading framework. The maximum allocation for Algo trading accounts can reach up to $300,000, offering significant growth and scaling potential for successful algorithmic strategies.
| Fees | Funding Pips | FTMO | The Funded Trader |
|---|---|---|---|
| Minimum Account Size | $5,000 | $10,000 | $50,000 |
| Fee | $59 | €155 | $289 |
| Maximum Account Size | $100,000 | $200,000 | $400,000 |
| Fee | $399 | €1 080 | $1,869 |
| Reset or Test Retake | No | Yes | Yes |
| Is Fee Refundable? | Yes | Yes | Yes |
Funding Pips has set specific profit targets for traders participating in their evaluation challenge. In Phase 1, traders must achieve an 8% profit target, demonstrating their ability to generate returns under the firm’s guidelines. Upon successful completion of Phase 1, traders progress to Phase 2, where the profit target is slightly reduced to 5%. Meeting these targets is crucial for advancing through the evaluation process and ultimately qualifying for a funded account.
For traders participating in the Funding Pips evaluation challenge, the maximum allowable loss is set at 10% of the account balance. This rule applies to the total drawdown limit, ensuring that traders manage their risk appropriately and maintain their account equity within acceptable levels to qualify for a funded account.
We found that Funding Pips does not impose a minimum trading period for traders participating in their evaluation challenge, offering flexibility in how traders approach their trading strategies.
See detailed table with Funding Pips Challenge conditions based on Account Size:
Funding Pips does not offer a free trial for its evaluation challenge or trading accounts. Instead, traders are required to select an account size and pay the associated registration fee to participate in the evaluation process.
Once the test or the challenge is successfully passed trader will get his Funed Account set, which may typically take few business days to activate. It is important to note, that the account conditions and balance will be exactly as the one you qualify for in your test, in case you would like to change Account to higher grade there will be a need to pass test from the very beginning for the Account Balance you prefer to trade with.
Funding Pips offers a competitive profit-sharing scheme, allowing traders to earn up to 80% of the profits generated from their trades. This high profit split is among the most attractive in the forex market, providing traders with a substantial share of the earnings and facilitating the growth of their trading account.
Funding Pips allows for weekly withdrawals, providing traders with a steady and accessible flow of funds from their trading activities. This feature is particularly appealing as it offers regular payouts, encouraging traders to maintain their focus and momentum in trading. The weekly payout system not only ensures that traders can access their earnings promptly but also supports their financial planning and reinvestment strategies, enhancing the overall trading experience on the platform
Funding Pips facilitates withdrawals through Deel, a global payment and workforce management platform.
When examining the account conditions, it’s crucial to assess if the broker offers a range of account preferences, alongside the platforms, instruments, and trading costs available. Additionally, evaluating the leverage levels and trading conditions is essential, as some brokers may impose restrictions on certain strategies or prohibit specific practices in funded accounts, potentially leading to account loss. In such cases, to regain access to the account, passing the test again would be required
Funding Pips provides access to forex pairs, commodities, indices, and cryptocurrencies. This includes everything from major and exotic currency pairs for global forex trading, to essential commodities like crude oil and metals such as gold and silver, along with speculation opportunities on major stock market indices and trading in popular digital currencies like Bitcoin and Ethereum.
You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads and a 2$ commission per standard lot round turn. Crypto, Indices and Oil are commission free.
Funding Pips offers leverage of up to 1:100, enabling traders to amplify their market exposure. This level of leverage allows traders to control larger positions with a smaller amount of capital, potentially increasing profit opportunities.
Funding Pips offers the MatchTrader and cTrader platforms, each tailored to different trading needs. MatchTrader is favored for its user-friendly interface and efficient execution, suitable for both manual and algorithmic trading. cTrader, known for its advanced charting tools and direct market access, provides traders with a customizable trading environment and robust support for automated strategies.
Funding Pips offers trading opportunities through various challenges and programs, each designed to assess and accommodate traders’ skills and risk management capabilities.
As observed, Funding Pips occasionally runs promotions offering discounts through Funding Pips discount codes and Funding Pips Promo codes However, these promotions typically have temporary conditions, so it’s advisable to verify their availability at the time of signing in.
In conclusion, Funding Pips offers traders a comprehensive platform for engaging in various markets and implementing diverse trading strategies. With access to platforms like MatchTrader and cTrader, traders can leverage advanced tools and features to optimize their trading experience. The company’s support for multiple account sizes, flexible leverage options, and diverse range of trading instruments caters to traders of all levels and preferences
Nevertheless, it’s advisable to assess and contrast Funding Pips’ proposition with that of other proprietary trading firms. While some competitors may offer comparable conditions, others might better cater to individual trader preferences, particularly concerning instrument diversity and platform options beyond MetaTrader. However, Funding Pips retains several notable advantages. Below, we present a brief selection of alternatives and a comparative table, aiding traders in their quest for the optimal trading environment and opportunities.
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Whatever you do, stay away from FundingPips. Stick to FTMO and 5ERS. Stay safe!
Here is my review dated April 4th 2025
I have operated FundingPips for over a year now and passed multiple challenges.
I’ll give you one piece of advice RUN! STAY AWAY from these guys!
Let me put everything to context.
Early this year, I had a 100k Account with them and another 100k with 5ers making the same trades. On both Accounts, I was running over 10% profit on the Gold bull run in January (around $11,000). I then incurred a $3000 loss on Gold and I remember my closing profits for the day was $8100 on each account.
A few minutes after closing the trades. I received an email from FundingPips saying my account was terminated. I asked them why?!!! I was net profitable for the day!!! They said I had violated the 3% on a single instrument rule!
Apparently, this rule does not apply during Phase 1 and 2, but applies solely on master accounts! Stay warned btw!!!
So, in this case, 5ers paid me while FundingPips DID NOT! Even after closing net profitable for the day!!! In fact, they closed my Account without blinking!!
I sulked but decided to agree with them! Mostly because 5ers had paid my rewards and i had cash to operate on.
In March, I decided to try a small 5k Account with Funding Pips. I passed both Phase 1 and 2 without breaking a sweat.
Just this week, this Account was in 12% profit at the close of Wednesday (2nd April 2025). On Thursday, I was at 8.1% profit. However, Gold became volatile over reciprocal tariffs and I lost 3%. (My MT5 and FP Dashboard says I am at -3.08%). Losses incurred on both Gold and Silver. However, my open running trades still had me at 4% profit!
Guess what! They closed my Account!!! Saying that I reached 5% daily drawdown on Equity (Not balance). This is a scam!!! That loss did not come close to 5% drawdown on Equity or Balance.
Note!!! This time, I did not violate the 3% on a single instrument rule! But something just has to give for them!
They just scammed me! i demanded a copy of my trading history and they are unwilling to provide it!!!
I have been seeing a lot of negative reviews from traders and I now believe that these guys are out hear to take your money.
Having said this, please keep away from FundingPips! Their rules are predatory! Not friendly to traders at all!!!
Please save your TIME, MONEY, & ENERGY. Don’t buy from them!
If you a consistent and profitable trader, stick to firms that appreciate honesty. Dont go for scavengers like FundingPips.
Stick to trustworthy firms like FTMO and 5ers. They are friendly and their rules are in black and white! No hidden rules at all!
Funding Pips, your fall from grace with the masses is coming!!! As a matter of fact, it’s already here!
Be careful this column in Quora is heaven for scammers hunting their victims
it is scam dont loose ur money
scam scam scam it is a scam