Reviewed by PropFirm201 Research Team·At a Glance
Funding Pips Homepage
Pricing & Challenge Types
2-Step Standard
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $36 | 8% | 5% | 5% | 10% |
| $10,000 | $66 | 8% | 5% | 5% | 10% |
| $25,000 | $156 | 8% | 5% | 5% | 10% |
| $50,000 | $289 | 8% | 5% | 5% | 10% |
| $100,000 | $529 | 8% | 5% | 5% | 10% |
2-Step Pro
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $29 | 6% | 6% | 3% | 6% |
| $10,000 | $55 | 6% | 6% | 3% | 6% |
| $25,000 | $109 | 6% | 6% | 3% | 6% |
| $50,000 | $219 | 6% | 6% | 3% | 6% |
| $100,000 | $399 | 6% | 6% | 3% | 6% |
1-Step
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $59 | 10% | 4% | 6% |
| $10,000 | $99 | 10% | 4% | 6% |
| $25,000 | $199 | 10% | 4% | 6% |
| $50,000 | $319 | 10% | 4% | 6% |
| $100,000 | $555 | 10% | 4% | 6% |
Instant Funding (Zero)
0 phases · 95% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $69 | N/A | 3% | 5% |
| $10,000 | $99 | N/A | 3% | 5% |
| $25,000 | $199 | N/A | 3% | 5% |
| $50,000 | $299 | N/A | 3% | 5% |
| $100,000 | $499 | N/A | 3% | 5% |
Pros & Cons
Pros
- Very low entry prices starting at just $29 for the 2-Step Pro
- No time limits on evaluations, removing unnecessary pressure
- Profit split up to 100% depending on payout frequency chosen
- Multiple challenge types to suit different trading styles
- Instant credit card payouts available for fast withdrawals
Cons
- Some traders report slippage and wider spreads on certain pairs
- Consistency rules on Pro accounts (45%) can be restrictive
- Not regulated by a major financial authority
- Rule enforcement can sometimes feel inconsistent
Trading Rules
About Funding Pips
Funding Pips is a proprietary trading firm founded in 2022 and headquartered in Dubai, United Arab Emirates. Since its launch, the firm has rapidly grown to become one of the most popular prop firms in the retail trading space, serving over 2 million traders worldwide and distributing more than $200 million in payouts. The firm operates with a zero reward denial policy, meaning that eligible profit withdrawals are never refused.
Funding Pips offers multiple evaluation pathways for traders, including a traditional 2-Step challenge, a budget-friendly 2-Step Pro, a single-phase 1-Step evaluation, and an Instant Funding (Zero) program that skips the evaluation entirely. Account sizes range from $5,000 to $100,000, with the ability to merge accounts up to $300,000. The firm supports trading on MT5, cTrader, and MatchTrader platforms, offering access to 48+ instruments including forex pairs, indices, commodities, and cryptocurrencies.
The firm differentiates itself through its competitive pricing structure, with challenges starting as low as $29, and a flexible profit split system ranging from 60% to 100% depending on the trader's chosen payout frequency. Funding Pips also features a scaling program that allows traders to grow their accounts up to $2 million based on consistent performance. The company holds a 4.5-star rating on Trustpilot with over 50,000 reviews, and independent verification from Payout Junction confirms more than $167 million paid across 127,000+ verified payouts.
How Funding Pips Works
Funding Pips offers four distinct paths to a funded account:
2-Step Standard: Traders must hit an 8% profit target in Phase 1 and 5% in Phase 2, with a 5% daily loss limit and 10% maximum drawdown. A minimum of 3 trading days per phase is required, and there is no maximum time limit.
2-Step Pro: A budget-friendly option with tighter rules. Both phases require a 6% profit target, with a 3% daily loss limit and 6% max drawdown. Only 1 minimum trading day per phase is needed, but a 45% consistency rule applies.
1-Step: A single evaluation phase requiring a 10% profit target with a 4% daily loss limit and 6% max drawdown, with at least 3 trading days required.
Instant Funding (Zero): Skip the evaluation entirely and start trading a funded account immediately. There is no profit target to pass, but a 3% daily loss limit and 5% trailing drawdown apply. The profit split is 95% with a 15% consistency requirement.
Once funded, traders can withdraw profits every week (payouts are processed every Tuesday within 1-3 business days). The evaluation fee is refundable after the 4th reward payout on 1-Step and 2-Step challenges.
Pricing & Plans
| Account Size | 2-Step Standard | 2-Step Pro | 1-Step | Instant (Zero) |
|---|---|---|---|---|
| $5,000 | $36 | $29 | $59 | $69 |
| $10,000 | $66 | $55 | $99 | $99 |
| $25,000 | $156 | $109 | $199 | $199 |
| $50,000 | $289 | $219 | $319 | $299 |
| $100,000 | $529 | $399 | $555 | $499 |
All challenge types include access to the full range of tradable instruments and platforms. The 2-Step Pro offers the lowest entry point at $29, making it one of the most affordable prop firm challenges on the market. Traders can merge up to three accounts to create a combined funded account of up to $300,000.
Rules & Restrictions
- Daily Loss Limit: Varies by challenge type (3%-5%)
- Maximum Drawdown: Varies by challenge type (5%-10%); static on evaluation challenges, trailing on Instant Funding
- Minimum Trading Days: 1-3 days depending on challenge type
- Maximum Trading Days: No time limits on any challenge
- Leverage: Up to 1:100 (2-Step Standard), 1:50 (1-Step)
- News Trading: Allowed
- Weekend Holding: Allowed
- Expert Advisors (EAs): Allowed
- Copy Trading: Not permitted
- Scalping: Allowed
- Hedging: Allowed
- Consistency Rule: 45% on 2-Step Pro; 15% on Instant Funding; none on Standard and 1-Step
Payouts
Payouts at Funding Pips are processed every Tuesday and typically arrive within 1-3 business days. The firm offers multiple payout methods including cryptocurrency, credit card (instant), and bank transfer. The profit split is tiered based on payout frequency:
- Weekly payouts: 60% profit split
- Bi-weekly payouts: 80% profit split
- Monthly payouts: 90% profit split
- On-demand (after specific milestones): Up to 100% profit split
The Instant Funding (Zero) program offers a flat 95% profit split with bi-weekly payouts. Evaluation fees are refundable after the 4th successful payout on 1-Step and 2-Step challenges.
Is Funding Pips Legit?
Funding Pips has established itself as a credible prop firm since its 2022 launch. The firm holds a 4.5-star rating on Trustpilot with over 50,000 reviews, with 82% being five-star ratings. Independent payout verification through Payout Junction confirms over $167 million in verified payouts across 127,000+ transactions, making it one of the most transparent firms in the industry.
While Funding Pips is not regulated by a major financial authority (which is common among prop firms), the company has implemented strong safety protocols and maintains a zero reward denial policy. The firm is based in Dubai and has been operating continuously since 2022 without any major incidents or shutdowns. Some traders have raised concerns about occasional slippage and rule enforcement consistency, but the overwhelming majority of reviews are positive.
FAQ
What is Funding Pips?
Funding Pips is a proprietary trading firm based in Dubai that provides traders with funded accounts ranging from $5,000 to $100,000. Traders can choose from multiple evaluation pathways (2-Step, 1-Step, or Instant Funding) and keep up to 100% of the profits they generate on their funded accounts.
How much does Funding Pips cost?
Funding Pips offers some of the lowest prices in the industry, starting at just $29 for a $5,000 2-Step Pro account. The most popular $100,000 account ranges from $399 (2-Step Pro) to $555 (1-Step). The Instant Funding option for a $100,000 account costs $499.
What is Funding Pips' profit split?
The profit split ranges from 60% to 100% depending on the chosen payout frequency. Weekly payouts offer 60%, bi-weekly 80%, monthly 90%, and milestone-based payouts up to 100%. The Instant Funding program has a fixed 95% split.
Does Funding Pips allow EAs/bots?
Yes, Funding Pips allows the use of Expert Advisors (EAs) and automated trading bots on all account types and platforms.
Is Funding Pips available in the US?
No, Funding Pips does not currently accept traders from the United States.