FundingPips is a Dubai-based forex prop firm operating in a fully simulated trading environment. Its registered address is Premises No. 19948-001, IFZA Business Park, DDP Dubai, UAE. The corporate entity behind the platform is FundingPips Corp, a limited liability company incorporated under the laws of the Comoros Union (company number HY01223081), holding an International Brokerage and Clearing House License under the IBC Regulation Act 2014 (License No. BFX2024004). FundingPips also maintains related administrative entities in Cyprus (FundingPips Services Ltd, HE 450941) and Business Bay, Dubai.
The firm offers both evaluation-based and instant-funded account models across four distinct products, with a focus on forex, metals, indices, energies, and crypto. All accounts operate exclusively on simulated capital; no real trades are executed on live financial markets. FundingPips states explicitly that its services are designed for educational and evaluation purposes only.
Services are not available to residents of countries on FATF, EU, or UN sanctions lists, or to residents of Vietnam and the UAE.
Account Types & Pricing
FundingPips offers four account models: FundingPips Zero (instant funded), 1 Step, 2 Step (branded as “FundingPips”), and 2 Step Pro (branded as “FundingPips Pro”). All challenge fees are one-time payments. A swap-free add-on is available across all models at an additional 10% of the base price, available only on MT5.
The registration fee for the 1 Step and 2 Step models is refunded automatically alongside the trader’s fourth reward payment. The 2 Step Pro and FundingPips Zero fees are non-refundable.
FundingPips Zero
FundingPips Zero is an instant-funded model with no evaluation phase. Traders access a Master Account directly upon purchase.
| Account Size | Price |
|---|---|
| $5,000 | $69 |
| $10,000 | $99 |
| $25,000 | $199 |
| $50,000 | $299 |
| $100,000 | $499 |
| $200,000 | $998 |
Swap-free add-on available for all sizes (+10% of base price, MT5 only).
1 Step
The 1 Step model features a single Student Phase evaluation before the Master Account.
| Account Size | Price |
|---|---|
| $5,000 | $59 |
| $10,000 | $99 |
| $25,000 | $199 |
| $50,000 | $319 |
| $100,000 | $555 |
Swap-free add-on available for all sizes (+10% of base price, MT5 only). Registration fee refundable after 4 rewards.
2 Step (FundingPips)
The 2 Step model features a Student Phase and a Practitioner Phase before the Master Account. During the Student Phase, traders can choose between an 8% or a 10% profit target. The prices below reflect the standard 8% option.
| Account Size | Price |
|---|---|
| $5,000 | $36 |
| $10,000 | $66 |
| $25,000 | $156 |
| $50,000 | $289 |
| $100,000 | $529 |
Swap-free add-on available for all sizes (+10% of base price, MT5 only). Registration fee refundable after 4 rewards.
2 Step Pro (FundingPips Pro)
The 2 Step Pro model features a Student Phase and a Practitioner Phase before the Master Account, with tighter drawdown rules and a faster minimum trading day requirement compared to the standard 2 Step.
| Account Size | Price |
|---|---|
| $5,000 | $29 |
| $10,000 | $55 |
| $25,000 | $109 |
| $50,000 | $219 |
| $100,000 | $399 |
| $200,000 | $798 |
Swap-free add-on available for all sizes (+10% of base price, MT5 only). Registration fee is non-refundable.
Challenge Structure
Phase Overview
FundingPips Zero has no challenge phase; traders access the Master Account instantly upon purchase.
The 1 Step model has a single evaluation phase (the Student Phase). Passing it qualifies you for a Master Account.
The 2 Step and 2 Step Pro models each have two evaluation phases: the Student Phase and the Practitioner Phase. You must pass both to qualify for a Master Account.
All Master Accounts operate in a simulated environment. There is no real-capital funded stage within FundingPips.
Profit Target
The 1 Step profit target is uniform across all account sizes at 10% of the account balance. The 2 Step and 2 Step Pro targets vary by phase. The table below covers the 2 Step model at the default 8% Student Phase target; a 10% Student Phase option is also available.
| Model | Phase 1 (Student) | Phase 2 (Practitioner) |
|---|---|---|
| 1 Step | 10% | N/A |
| 2 Step | 8% (or 10% option) | 5% |
| 2 Step Pro | 6% | 6% |
Profit targets are expressed as a percentage of the initial account balance. The dollar equivalent varies by account size. On a $50,000 2 Step account, for example, the Student Phase target is $4,000 (8%) and the Practitioner Phase target is $2,500 (5%).
Phase 1 Rules
The rules below apply to the Student Phase across all evaluation models.
| Rule | 1 Step | 2 Step | 2 Step Pro |
|---|---|---|---|
| Maximum loss | 6% | 10% | 6% |
| Maximum daily loss | 3% | 5% | 3% |
| Minimum trading days | 3 days | 3 days | 1 day |
| Time limit | None | None | None |
| Consistency rule | None | None | None* |
*A 35% consistency rule applies during the Student and Practitioner phases of the 2 Step Pro only if the Daily Reward cycle is selected at purchase. It does not apply if the Weekly Reward cycle is chosen, and it does not apply to the Master Account under either cycle.
Phase 2 Rules
Phase 2 applies to the 2 Step and 2 Step Pro models only.
2 Step Practitioner Phase: The profit target drops to 5%. All other rules are identical to the Student Phase: 10% maximum loss, 5% maximum daily loss, minimum 3 trading days, no time limit.
2 Step Pro Practitioner Phase: The profit target remains 6%, identical to the Student Phase. All other rules are also identical to Phase 1: 6% maximum loss, 3% maximum daily loss, minimum 1 trading day, no time limit.
Drawdown Rules (Challenge)
Drawdown Values
The maximum loss limit applies uniformly across all account sizes within each model during the challenge phases.
| Model | Maximum Loss Limit | Calculated From |
|---|---|---|
| 1 Step | 6% | Initial account size |
| 2 Step | 10% | Initial account size |
| 2 Step Pro | 6% | Initial account size |
Daily Loss Limit
The daily loss limit is calculated from the higher value between your starting balance or equity at the beginning of each trading day. The daily loss limit resets at 00:00 platform time (UTC+3).
| Model | Daily Loss Limit |
|---|---|
| 1 Step | 3% |
| 2 Step | 5% |
| 2 Step Pro | 3% |
Both realized and unrealized losses count toward the daily loss limit. The equity for the day (floating profit/loss plus closed positions) must not hit the limit at any point during the session.
Drawdown Calculation Method
The drawdown method during all challenge phases is static: the maximum loss level is fixed from the initial account size at account creation and does not move. It’s not trailing and does not update based on peak equity.
Drawdown Lock
No drawdown lock applies during the challenge stages. The limit is static and fixed throughout the evaluation.
Funded Account Rules
Drawdown Rules (Funded)
The drawdown rules at the Master Account stage differ by model. FundingPips Zero uses a trailing drawdown mechanism, while the 1 Step, 2 Step, and 2 Step Pro use the same static drawdown that applied during their respective challenge phases.
Drawdown Values
| Model | Maximum Loss | Calculated From |
|---|---|---|
| FundingPips Zero | 5% trailing | Highest recorded equity |
| 1 Step | 6% static | Initial account size |
| 2 Step | 10% static | Initial account size |
| 2 Step Pro | 6% static | Initial account size |
Daily Loss Limit
The daily loss limit at the Master Account stage is unchanged from the challenge stage for all models. It is calculated from the higher value between starting balance or equity of the day, and resets at 00:00 platform time (UTC+3).
| Model | Daily Loss Limit |
|---|---|
| FundingPips Zero | 3% |
| 1 Step | 3% |
| 2 Step | 5% |
| 2 Step Pro | 3% |
Drawdown Calculation Method
FundingPips Zero uses intraday trailing: the 5% maximum trailing loss level trails upward in real time as the account’s highest recorded equity increases. The 1 Step, 2 Step, and 2 Step Pro Master Accounts all use a static drawdown method, fixed from the initial account size, identical to their challenge stages.
Drawdown Lock
On FundingPips Zero, the trailing drawdown locks once your equity reaches 5% profit. At that point, the drawdown level stops trailing and is fixed at the initial account size. This means that once locked, your account cannot lose back to zero from the starting balance.
The 1 Step, 2 Step, and 2 Step Pro Master Accounts use static drawdown with no trailing behavior, so no drawdown lock mechanism applies.
Consistency Rule (Funded)
The consistency rules at the Master Account stage vary significantly by model and, in the case of the 1 Step and 2 Step, by the reward cycle chosen.
FundingPips Zero: A 15% consistency score is required to request any reward. This means your biggest single winning day cannot exceed 15% of your total account profit. The consistency score formula is: (Biggest Winning Day ÷ Current Total Account Profit) × 100%. You can continue trading until you meet the requirement; there’s no deadline. Additionally, you must complete at least 7 profitable days within each 30-day period, where a profitable day counts only if the profit for that day is at least 0.25% of the initial account size. The 30-day period resets after each reward is processed.
1 Step and 2 Step: A 35% consistency score applies only to the On Demand reward cycle: no single trading day can account for more than 35% of total profits. The score resets after each reward. For the Weekly, Bi-Weekly, and Monthly reward cycles, no consistency rule applies on the Master Account.
2 Step Pro: No consistency rule applies to the Master Account under either the Weekly or Daily reward cycles.
Lot Size Limits (Funded)
A 20-lot-per-click limit applies across all models and platforms. The platform will not allow a trade larger than 20 lots to be opened in a single click. This is a per-trade limit, not an overall position limit.
Leverage
The leverage available at the Master Account stage depends on both the model chosen and whether the swap-free add-on was selected. The 1 Step model has lower standard leverage than the 2 Step and 2 Step Pro on most instruments.
1 Step — Standard and Swap-Free (identical):
| Instrument | Leverage |
|---|---|
| Forex | 1:30 |
| Metals | 1:10 |
| Energies | 1:10 |
| Indices | 1:5 |
| Crypto | 1:1 |
2 Step and 2 Step Pro — Standard Account:
| Instrument | Leverage |
|---|---|
| Forex | 1:100 |
| Metals | 1:30 |
| Energies | 1:10 |
| Indices | 1:20 |
| Crypto | 1:2 |
2 Step and 2 Step Pro — Swap-Free Account (MT5 only):
| Instrument | Leverage |
|---|---|
| Forex | 1:30 |
| Metals | 1:10 |
| Energies | 1:10 |
| Indices | 1:5 |
| Crypto | 1:1 |
FundingPips Zero: A temporary change to leverage has been implemented on Zero accounts and will remain in effect until further notice. The Trading Objectives page shows a leverage figure of 1:50 for Zero Master Accounts. Check directly with FundingPips for the most current values before trading.
Temporary Dynamic Leverage (Master Accounts, all models): Effective 16 March 2026, a temporary dynamic leverage structure applies to metals, indices, and energies on all Master Accounts. Instead of a single fixed ratio, leverage is tiered by position size:
| Lot Size | Leverage |
|---|---|
| 0.00–0.05 lots | 1:50 |
| 0.05–0.10 lots | 1:30 |
| 0.10–0.15 lots | 1:25 |
| 0.15–0.25 lots | 1:20 |
| 0.25–0.50 lots | 1:10 |
| 0.50 lots and above | 1:5 |
Margin requirements are calculated cumulatively; each tier applies only to the portion of volume within its range.
Risk Per Trade Idea
A risk per trade idea rule applies exclusively to Master Accounts across all models. It does not apply during any challenge or evaluation phase. The rule tracks the total combined loss on a single trading idea, including both realized and unrealized losses across all open and closed positions in the same direction.
| Account Size | Maximum Risk Per Trade Idea |
|---|---|
| Below $50,000 | 3% of initial account size |
| $50,000 and above | 2% of initial account size |
Opening a new position in the same direction within 10 minutes of closing a losing trade counts as the same trade idea and contributes to the combined loss total. Breaching this rule is a hard breach and results in immediate account closure.
Profit Split
The profit split depends on the model and the reward cycle selected. All reward cycles are chosen at purchase.
FundingPips Zero:
| Reward Cycle | Split | Frequency |
|---|---|---|
| Bi-Weekly | 95% | Every 14 calendar days |
1 Step and 2 Step:
| Reward Cycle | Split | Frequency |
|---|---|---|
| Weekly | 60% | Every 7 calendar days |
| Bi-Weekly | 80% | Every 14 calendar days |
| On Demand | 90% | Anytime (conditions apply) |
| Monthly | 100% | Every 30 calendar days |
2 Step Pro:
| Reward Cycle | Split | Frequency |
|---|---|---|
| Weekly | 80% | Every 7 calendar days |
| Daily (Beta) | 80% | Daily |
Payout Rules
First Payout Requirements
FundingPips Zero: You can request your first reward 14 calendar days after your first executed trade on the Master Account. Before requesting, you must have achieved the 15% consistency score, completed at least 7 profitable days in the current 30-day period (each profitable day generating at least 0.25% of the initial account size), and built a 3% safety cushion. The first 3% of profit generated on the Master Account cannot be withdrawn and serves as a permanent buffer.
1 Step and 2 Step — Weekly cycle: Eligible to request 7 calendar days after your first executed trade on the Master Account.
1 Step and 2 Step — Bi-Weekly cycle: Eligible to request 14 calendar days after your first executed trade.
1 Step and 2 Step — On Demand cycle: Eligible to request at any time once the 35% consistency score is met.
1 Step and 2 Step — Monthly cycle: Eligible to request 30 calendar days after your first executed trade.
2 Step Pro — Weekly cycle: Eligible to request 7 calendar days after your first executed trade.
2 Step Pro — Daily cycle (Beta): Eligible to request daily after your first executed trade.
Subsequent Payout Requirements
For all models, the reward cycle restarts after each processed reward. The clock for the next request begins from the first executed trade following the previous reward payment. For FundingPips Zero, the 30-day profitable days period resets after each reward is processed.
Payout Frequency
Reward requests are not processed on weekends. Requests submitted on a Friday will begin processing on the following Monday.
Payout Buffer
FundingPips Zero requires a 3% safety cushion to be built before any reward can be requested. This 3% of profit from the initial account balance cannot be included in any reward request; it remains on the account permanently.
No payout buffer applies to the 1 Step, 2 Step, or 2 Step Pro models.
Payout Caps & Limits
The minimum reward amount for the 1 Step, 2 Step, 2 Step Pro, and FundingPips Zero is 1% of the initial account balance (including the firm’s split). For the On Demand cycle on the 1 Step and 2 Step, the minimum is 2% of the initial balance.
For Rise and Bank Transfer payout methods, a minimum of $500 applies regardless of model. There is no minimum for cryptocurrency rewards.
Scaling Plan
FundingPips offers a four-tier scaling plan. All scale-ups are calculated from the original account size. If accounts are merged, scaling is still based on the initial individual account, not the merged total.
Level 1 — Launchpad (Novice Trader)
Requirements: 4 successful rewards and 10% total profit. Benefits: 20% capital boost; drawdown limit increased by 1%.
Level 2 — Ascender (Intermediate Trader)
Requirements: 8 successful rewards and 20% total profit. Benefits: 30% capital boost; maximum drawdown limit increased by 1% (total increase: 2%); daily drawdown limit increased by 1%.
Level 3 — Trailblazer (Advanced Trader)
Requirements: 12 successful rewards and 30% total profit. Benefits: 40% capital boost; maximum drawdown increased to 13%.
Level 4 — Hot Seat (Elite Trader)
Requirements: 16 successful rewards and 40% total profit. Benefits: account balance doubled from the initial size; on-demand rewards; 100% reward split; access to up to $2,000,000 in simulated capital; monthly bonuses.
Live Account Pathway
FundingPips does not offer a live funded stage. All accounts operate exclusively in a simulated environment, and no real trades are executed on live financial markets.
FundingPips does offer a Rewards Transfer feature in partnership with Tradin, a CFD brokerage. When requesting a reward, traders can opt to transfer the reward directly into a verified Tradin brokerage account instead of receiving it via the standard payout methods. Tradin adds a 20% non-withdrawable trading credit to the transferred amount, capped at a maximum of $2,000 per transfer. The trading credit is intended to increase available margin and cannot be withdrawn. The trader’s Tradin account must be KYC verified and must use the same email address as their FundingPips account.
Trading Rules & Restrictions
Permitted Instruments
FundingPips supports trading across five asset classes: forex pairs, metals (including gold and silver), indices, energies (oil), and crypto. All instruments are available with RAW spreads. Indices and energies are commission-free. Forex, metals, and crypto carry commissions that vary by model and account type (see commission structures in the Trading Platforms section).
No restrictions on specific instruments apply between the challenge and funded stages.
Trading Hours & Overnight Policy
Overnight holding is permitted on the 1 Step, 2 Step, and 2 Step Pro models during both the challenge and Master Account stages.
A temporary rule effective from 16 March 2026 prohibits weekend holding across all Master Account models, including the 1 Step, 2 Step, 2 Step Pro, and FundingPips Zero. Traders must close all positions before the market closes on Friday. Any open trades remaining at market close are automatically closed by the system. For the 1 Step, 2 Step, and 2 Step Pro, this auto-closure is not classified as a hard breach. For FundingPips Zero, weekend holding is a hard breach regardless.
Swap and rollover charges apply to overnight positions on all models unless the swap-free add-on has been selected. The rollover process occurs at the end of the New York trading session (5 pm ET), with Wednesday rollover rates tripled to account for the weekend. For indices, the triple rate applies on Fridays.
News Trading Policy
The news trading rules differ by model and by stage.
FundingPips Zero (Master Account): Trading during high-impact news events is prohibited. Positions cannot be opened or closed within a 10-minute window surrounding any high-impact (red folder) event on affected currencies: 5 minutes before and 5 minutes after. During high-impact speeches, the window extends from 5 minutes before the speech begins until 5 minutes after it concludes. Violating these restrictions is a hard breach resulting in immediate account termination. FundingPips uses Forex Factory as its official news source.
1 Step, 2 Step, and 2 Step Pro — Challenge/Evaluation Stage: There are no restrictions on holding trades during news events during the evaluation phase. However, purposely trading news is prohibited and will lead to account closure.
1 Step, 2 Step, and 2 Step Pro — Master Account: You can hold positions during news events, but the following restrictions apply. You cannot open or close positions within a 10-minute window surrounding a high-impact (red folder) news event on affected currencies: 5 minutes before and 5 minutes after the event. For high-impact speeches, the restricted window runs from 5 minutes before the speech begins to 5 minutes after it concludes. Profits from trades opened or closed within this window will be deducted and will not count toward the reward. As an exception for swing traders, trades opened more than 5 hours before a high-impact event or speech are excluded from the restriction and can be closed within the window; profits from these trades will count. Closing any partial orders on a flagged trade affects the entire order. This is classified as a soft breach (profits deducted), not account termination, unless the deducted profits cause a breach of the daily loss or maximum loss limit.
Expert Advisors & Copy Trading
EAs are permitted, but only as trade or risk management tools. Using any other type of third-party EA is prohibited and will result in denial of the evaluation or reward and closure of the account.
Copy trading between accounts owned by the same individual is permitted, including using a trade copier with a FundingPips account as the master and an external account as the slave (always using the investor/read-only password). Copy trading between accounts owned by different users is prohibited. Coordinated trading across Master Accounts not owned by the same individual is also prohibited.
High-frequency trading (HFT) is explicitly prohibited across all models.
Latency arbitrage is explicitly prohibited across all models.
Prohibited Practices
The following trading strategies and behaviors are explicitly prohibited and will result in account termination: gap trading, high-frequency trading (HFT), server spamming, latency arbitrage, toxic trading flow, hedging, long-short arbitrage, reverse arbitrage, tick scalping, server execution, opposite account trading, and churning and burning. Copy trading with other users’ accounts and third-party account management by external vendors are also prohibited.
Using any third-party EA that is not a trade or risk manager is prohibited.
Additional Rules
Inactivity Rule
All accounts, both challenge and Master, require at least one completed trade (opened and closed) within every 30-consecutive-day period. On the 1 Step, 2 Step, and 2 Step Pro, failing to complete a trade within 30 days results in account breach and closure. On FundingPips Zero, the account is suspended rather than immediately closed.
IP Rule
The region of the IP address used to purchase the evaluation, log into the FundingPips website, and access the account during both the challenge and Master Account stages must remain consistent. Changes in IP region are monitored by the Responsible Trading Team. Unrealistic changes may trigger a verification request requiring proof of location (such as a boarding pass, passport stamp, or live video). VPS and VPN use is permitted with proof of ownership or a static IP that can be whitelisted. Multiple ISPs and multiple devices within the same city are permitted.
Account Merging
Master Accounts can be merged with other Master Accounts of the same model type: 1 Step accounts with 1 Step accounts, 2 Step accounts with 2 Step accounts, and 2 Step Pro accounts with 2 Step Pro accounts. Merging is not supported for FundingPips Zero accounts.
Maximum Lot Size Per Click
A 20-lot-per-click limit applies on all platforms. The platform will not allow a single trade larger than 20 lots to be opened in one click, regardless of margin availability.
Trading Platforms
Available Platforms
FundingPips supports three trading platforms: MetaTrader 5 (MT5), Match-Trader, and cTrader. All three platforms are available for both the challenge and Master Account stages.
The swap-free add-on is only available on MT5. EAs are permitted across platforms, subject to the EA restrictions described above.
Commission structures apply as follows across all supported platforms (standard account vs. swap-free MT5 account):
| Instrument | Standard Account | Swap-Free Account (MT5) |
|---|---|---|
| Forex | $5 per lot | $10 per lot |
| Metals | $5 per lot | $10 per lot |
| Energies | No commission | No commission |
| Indices | No commission | No commission |
| Crypto | 0.04% of trade value | 0.04% of trade value |
For crypto, the commission formula is: lot size × cryptocurrency price × 0.04%.
Billing & Account Management
Fee Structure
All challenge fees are one-time payments. There are no recurring monthly subscription fees. The fee is paid at the time of purchase and grants access to the chosen evaluation model and account size.
Payment methods accepted at purchase include: credit/debit card, bank transfer, cryptocurrency, Google Pay, Apple Pay, Neteller, Skrill, and Paysafe Card. Cards must be registered in the buyer’s own name; using another person’s card is prohibited.
The registration fee for the 1 Step and 2 Step models is refunded automatically at the time of the trader’s fourth reward payment. The 2 Step Pro and FundingPips Zero registration fees are non-refundable under any circumstances (except where required by applicable law).
Resets
FundingPips does not publish reset or retry fees on its website or in its help center documentation.
Payouts & Withdrawals
Payment Methods
Four payout methods are available: cryptocurrency, card (Pay to Card), Rise, and bank transfer. Traders can also transfer rewards directly to a Tradin brokerage account via the FundingPips Rewards Transfer feature.
Cryptocurrency: USDT or USDC on the ERC20 or TRC20 network. No minimum reward amount applies for crypto. Rewards are subject to service fees, exchange rates (USD to USDT/USDC), and network transaction fees, all deducted from the reward before delivery.
Card (Pay to Card): Available for Visa and Mastercard issued by local banks supporting Pay to Card. Supported regions include Belgium, France, Germany, Italy, Netherlands, Spain, Brazil, Colombia, Mexico, Nigeria, South Africa, UK, Turkey, and Indonesia. No minimum reward amount stated for card payments.
Rise: Minimum reward amount of $500. Rise processes rewards via cryptocurrency or bank transfer. The trader must complete KYC verification with Rise and use the same email address for both FundingPips and Rise accounts. If Rise is not supported in the trader’s country, the reward is automatically processed via cryptocurrency instead.
Bank Transfer: Minimum reward amount of $500. Supported regions include Belgium, France, Germany, Italy, Netherlands, Spain, Brazil, Colombia, Mexico, Nigeria, South Africa, UK, Turkey, and Indonesia. Not available in all countries.
FundingPips Rewards Transfer (to Tradin): Transfers the reward directly into a verified Tradin CFD brokerage account. Tradin adds a 20% non-withdrawable trading credit on top of the transferred amount, capped at $2,000 per transfer.
Processing Times
Reward requests are processed within 1–3 working days. Rewards are not processed on weekends; a request submitted on Friday will begin processing on the following Monday.
After approval, card payments are typically credited instantly or within 30 minutes, though in rare cases up to 48 hours if the bank runs additional security checks. Cryptocurrency rewards are subject to network processing times after approval.
Before submitting any reward request, all trades must be closed (including pending orders), and traders must wait at least 15 minutes after closing the last trade. Trading is disabled while a reward request is being processed and resumes automatically upon completion.
Tax & Eligibility Requirements
KYC (Know Your Customer) verification is required before the first reward can be processed. Once KYC is successfully completed, a customer agreement is issued for review and signature as part of the onboarding process.
Restricted Countries
Services are not available to residents of countries on the FATF, EU, or UN sanctions lists, or to residents of Vietnam and the UAE.