Key takeaways
Funding Pips currently publishes separate rules for each model and reward cycle. On August 1, 2026, its 1 Step Flex page stated a 12% target, 3% daily loss, 12% maximum loss, no minimum trading days, a 30-day inactivity limit, and an 85% bi-weekly reward; other models differ. The older tables and prices below are quarantined because rules and account cohorts change. Compare the exact model, stage, platform, fee, loss calculation, conduct policy, and reward eligibility in official documents before purchase.
How we researched this article
BestProps used document-based research from primary firm sources, checked August 1, 2026. The complete source list, scope, limitations, and commercial-state record appear near the end of this article.
The proprietary trading industry has grown significantly over the last several years, offering individuals the opportunity to trade simulated firm capital without risking their personal savings. Funding Pips has emerged as a major player in this space by providing clear rules, accessible pricing, and a variety of evaluation models suited to different trading styles. For individuals looking for a thorough funding pips review for funded traders, understanding the exact rules, payout structures, and platform limitations is essential.
Choosing the right proprietary trading firm requires careful analysis of the specific terms and conditions. Many firms appear identical on the surface but differ drastically in how they calculate daily losses, process payouts, and enforce consistency rules. This report breaks down the factual details of the Funding Pips platform in 2026, providing a neutral, educational look at how the firm operates, what it costs, and what traders can realistically expect if they decide to take an evaluation.
How Funding Pips Works for Funded Traders
Funding Pips is a proprietary trading firm that was founded in 2022 and is headquartered in Dubai, United Arab Emirates. The company was built with a stated mission to operate on a “by traders, for traders” philosophy, aiming to provide fair and transparent access to simulated trading capital. In the proprietary trading model, the firm does not act as a traditional retail broker. Instead, it charges an evaluation fee to test a trader’s skills. If the trader passes the evaluation, they are provided with a funded, simulated account where they can earn real cash payouts based on a percentage of the virtual profits they generate.
By 2026, Funding Pips has grown to serve a large global user base, boasting over 2 million registered traders across more than 195 countries. The firm has distributed over $200 million in total payouts to its successful traders. Unlike traditional brokers, the firm does not profit from spreads or commissions on live market losses. Rather, its revenue model is primarily based on the upfront evaluation fees paid by users attempting to pass the trading challenges.
Traders who have reached payout milestones consistently report satisfaction with the account size options and the user friendliness of the payout process. Customer care and trading support have also received positive marks from the funded trader community.
Funding Pips Evaluation Models and Account Types
Funding Pips provides traders with four different pathways to obtain a funded account. Each model is designed for a different type of trader, varying in difficulty, profit targets, and drawdown limits.
The 1 Step Funded Trader Evaluation
The 1 Step Evaluation is designed for traders who want a relatively fast path to funding but still prefer a traditional challenge structure. In this model, there is only one phase to pass before receiving a Master account. The trader must achieve a profit target of 10 percent on their initial account balance.
During this single phase, the trader must not exceed a maximum daily loss limit of 4 percent, and the overall maximum loss limit is capped at 6 percent. One of the major advantages of the 1 Step Evaluation at Funding Pips is that the 6 percent maximum drawdown is static, meaning it is calculated based on the initial starting balance rather than trailing behind the highest peak the account reaches. To pass this evaluation, traders must trade for a minimum of 3 separate trading days.
The 2 Step Funded Trader Evaluation
The 2 Step Evaluation is the most traditional and popular route offered by Funding Pips. It is designed to test both profitability and consistency over a slightly longer funding period. This model is broken into two distinct phases known as the Student phase and the Practitioner phase.
In Phase 1, the trader must reach a profit target of 8 percent. After passing Phase 1, the trader is given a new account for Phase 2, where the profit target is lowered to 5 percent. Throughout both phases, the risk parameters remain identical. The trader is allowed a maximum daily loss of 5 percent and a maximum overall loss of 10 percent. Like the 1 Step model, the overall 10 percent loss limit is static. Both phases require a minimum of 3 trading days to proceed. Because the drawdown limits are wider than the 1 Step Evaluation, this model is generally preferred by swing traders or those who need more breathing room for their trading strategies.
The 2 Step Pro Funded Trader Evaluation
The 2 Step Pro Evaluation is a modified version of the standard two step model, offering slightly different parameters at a lower entry price. In this model, the profit target is set at 6 percent for both Phase 1 and Phase 2. However, the risk limits are noticeably tighter. The maximum daily loss is restricted to 3 percent, and the overall maximum loss is capped at 6 percent.
Unlike the standard evaluations that require 3 minimum trading days, the 2 Step Pro model only requires a minimum of 1 trading day per phase. This makes it an appealing option for highly confident traders who believe they can hit a 6 percent target in a single trading session without violating the tight 3 percent daily loss limit.
The Zero Instant Funding Model for Funded Traders
The Zero model is an instant funding program that allows traders to bypass the evaluation phases entirely. Upon paying the fee, the trader is immediately given a Master account and can start trading for real payouts from day one.
However, this immediate access comes with significantly stricter rules to protect the firm’s capital. The maximum daily loss limit is tight at 3 percent, and the overall maximum loss limit is 5 percent. Unlike the static drawdowns in the standard models, the Zero account features a trailing drawdown, which tracks the highest point of the account equity and makes the limit much easier to breach. Furthermore, the Zero model requires a minimum of 7 profitable trading days within a 30 day period, and each of those days must generate a profit of at least 0.25 percent of the account balance.
Funding Pips Pricing and Account Sizes for Funded Traders
Funding Pips offers a range of account sizes to accommodate different financial backgrounds and risk appetites. The simulated account sizes available across the different models are $5,000, $10,000, $25,000, $50,000, and $100,000.
Pricing is generally considered competitive within the proprietary trading industry. For example, a $5,000 account on the 2 Step Pro Evaluation starts at just $29. For the standard 2 Step Evaluation, the entry fees are structured as follows:
- $5,000 account costs $32
- $10,000 account costs $60
- $25,000 account costs $139
- $50,000 account costs $239
- $100,000 account costs $399
The Zero Instant Funding model is significantly more expensive than the evaluation models because the trader is given immediate access to withdrawable profits. A $100,000 Zero account typically costs around $499.
If a trader successfully passes a 1 Step or standard 2 Step evaluation and reaches the Master account stage, their original evaluation fee is fully refunded alongside their fourth successful payout. It should be noted that the evaluation fee is not refunded on the 2 Step Pro or the Zero instant funding programs.
Funding Pips Trading Rules and Risk Management
To maintain a funded account and receive payouts, traders must follow a strict set of risk management parameters. Violating any of these rules results in an immediate breach, leading to the closure of the account and the forfeiture of the evaluation fee or any unwithdrawn profits.
Maximum Daily Loss Limit for Funded Traders
The daily loss limit is the maximum amount a trader is allowed to lose in a single 24 hour trading period. Funding Pips calculates this limit based on the higher value between the account balance and the account equity at the start of the daily trading cycle, which resets at 00:00 Central European Summer Time.
If a trader starts the day with an account balance of $100,000 and has $2,000 in floating open profits from the previous day, their starting equity is $102,000. Because the equity is higher than the balance, the 5 percent daily loss limit for the standard 2 Step model is calculated based on the $102,000 figure. Therefore, the trader is allowed to lose a maximum of $5,100 from that starting equity peak before breaching the rule. If the account equity falls below $96,900 at any point during that day, the account is terminated.
Maximum Overall Loss Limit for Funded Traders
The maximum overall loss limit dictates how far the account balance can drop from its initial starting point. On the 1 Step, 2 Step, and 2 Step Pro accounts, this drawdown is static. For a $100,000 account on the standard 2 Step Evaluation with a 10 percent overall loss limit, the account equity can never drop below $90,000 at any point in time.
The Zero account operates differently. It uses a 5 percent trailing maximum drawdown limit. This means the drawdown threshold moves upward as the trader generates profits. Once the account achieves a 5 percent total profit, the maximum loss limit locks in at the initial starting balance and no longer trails upward.
Consistency Rules for Funded Traders Explained
Consistency rules are designed to prevent traders from passing evaluations or earning large payouts based on a single lucky trade. The standard 1 Step and 2 Step evaluation phases do not feature a consistency rule. However, consistency rules are heavily enforced during the funded Master phase depending on the payout cycle chosen.
If a trader selects the On Demand payout option, they are subject to a 35 percent consistency rule. This means that no single trading day can account for more than 35 percent of the total profit generated during that payout cycle. If a trader makes $10,000 in total profit, no single day’s profit can exceed $3,500.
For the Zero Instant Funding account, the consistency rule is even stricter, set at 15 percent. The most profitable day cannot account for more than 15 percent of the total profit, which forces the trader to accumulate small, steady gains over a longer period of time rather than relying on large market swings. Furthermore, the Zero account enforces a rule stating that a trader’s biggest single loss cannot exceed their biggest single win.
Maximum Risk Per Trade for Funded Traders
Funding Pips enforces a rule to prevent excessive risk on a single market movement. No individual trade, or group of correlated trades, is allowed to result in a loss greater than 3 percent of the total account balance on Master accounts. If a trader opens multiple positions on the same asset in the same direction within a 5 minute window, they are treated as a single trade for the purpose of this rule. For accounts sized at $50,000 and above, this risk limit is reduced to 2 percent per trade idea.
Minimum Trading Days and Inactivity Rules for Funded Traders
While most evaluation programs require only 1 to 3 minimum trading days to pass, Funding Pips enforces a strict inactivity rule to ensure active participation. Traders must execute and close at least one trade every 30 days. Failing to place a trade within a 30 day window will result in an automatic hard breach, and the account will be permanently closed, even if it is currently in profit.
News Trading and Weekend Holding Rules for Funded Traders
The rules regarding holding positions over the weekend and trading during high impact macroeconomic news events depend heavily on the account model and the chosen payout cycle.
During the evaluation phases of the 1 Step and 2 Step programs, news trading and weekend holding are fully permitted. Once a trader reaches the funded Master stage, weekend holding remains allowed on standard accounts. However, news trading becomes restricted. Traders are not allowed to open or close a position within 5 minutes before or after a high impact news event, designated as a red folder event on economic calendars. Any profits generated from trades executed within this 10 minute window will be deducted from the account, though it will not result in an account breach unless risk limits are exceeded. Trades that were opened more than 5 hours prior to the news event are exempt from this restriction.
For the Zero Instant Funding model, the rules are much more restrictive. Zero accounts are strictly prohibited from trading news events, and weekend holding is completely disallowed. All open positions on a Zero account must be closed before the financial markets shut down on Friday afternoon.
Funding Pips Trading Platforms and Instruments
Funding Pips offers access to several robust trading platforms and a wide variety of financial instruments. Because regulatory environments have shifted (particularly concerning US traders and MetaQuotes software), the firm has adapted by supporting multiple third party platform options.
Supported Platforms for Funded Traders
Traders evaluating Funding Pips can choose between three primary trading platforms.
MetaTrader 5 (MT5) is an industry standard platform known for its advanced charting capabilities, custom indicators, and widespread support for algorithmic trading tools. It is highly popular among experienced forex traders.
cTrader is known for its clean, professional user interface and fast order execution. cTrader is favored by day traders and scalpers who prioritize precision. It also offers built in copy trading capabilities and advanced algorithmic support through cAlgo. However, cTrader is currently not available for traders residing in the United States.
Match-Trader is a modern, user friendly platform that blends web and mobile functionality. It provides an intuitive interface that is easy for beginners while still offering advanced TradingView charting tools for technical analysis. This is the primary platform utilized by US based traders.
Funding Pips has previously partnered with specific retail brokers like Blackbull Markets, but after recent industry changes, the firm routes its simulated trading flow through liquidity providers named by the firm integrated directly into these platforms. The use of Expert Advisors (EAs) is permitted, but strictly for trade management and risk management purposes. High frequency trading, tick scalping, latency arbitrage, and grid trading bots are strictly prohibited and will result in account termination.
Tradable Assets and Leverage for Funded Traders
Traders on the platform have access to a diverse portfolio of simulated assets, including Forex pairs, Metals, Indices, Energy commodities, and Cryptocurrencies.
Leverage limits vary based on the specific asset class and the evaluation model chosen. For the standard 2 Step Evaluation and Master accounts, leverage is structured as follows:
- Forex pairs: Up to 1:100 leverage
- Metals (such as XAU/USD and XAG/USD): Up to 1:30 leverage
- Indices (such as US500 or NAS100): Up to 1:20 leverage
- Energy (such as WTI Crude Oil): Up to 1:10 leverage
- Cryptocurrencies (such as BTC/USD): Up to 1:2 leverage
On the 1 Step Evaluation, leverage is reduced, with Forex capped at 1:30 and Metals at 1:10. The Zero Instant Funding account features a flat leverage cap of 1:50 across all major forex instruments to prevent traders from overleveraging against the tight 3 percent daily drawdown limit.
Commissions and Spreads for Funded Traders
Funding Pips offers raw spreads starting from 0.1 pips on major currency pairs. The commission structure is standard for the industry. On the 1 Step, 2 Step, and 2 Step Pro models, traders pay a commission of $5 per standard lot round trip for Forex and Metals. On the Zero model, the commission is slightly higher, set at $7 per standard lot. Trading Indices and Energy commodities is entirely commission free. For Cryptocurrencies and Stocks, the firm charges a 0.04 percent volume fee.
Funding Pips Payout Structure and Reward Cycles
One of the most unique aspects of Funding Pips is its highly flexible payout system. Once a trader passes the evaluation and receives a Master account, they must choose a reward cycle. The frequency at which the trader chooses to withdraw their profits directly dictates the percentage of the profit split they get to keep.
Tuesday Payday for Funded Traders
The Tuesday Payday option is designed for traders who prioritize cash flow and want to withdraw their earnings as quickly as possible. Under this cycle, traders can request a payout every 7 days on Tuesday. In exchange for this rapid weekly access to liquidity, the trader receives a 60 percent profit split.
Biweekly and Monthly Payout Options for Funded Traders
Traders willing to wait slightly longer for their funds are rewarded with a much higher percentage of the profits. The Biweekly reward cycle allows traders to request payouts every 14 days, offering an 80 percent profit split. The Monthly reward cycle requires the trader to wait 30 days between withdrawals but provides the maximum baseline profit split of 100 percent, meaning the trader keeps all the virtual profits generated on the account.
For the Zero Instant Funding account, payouts operate strictly on a biweekly 14 day cycle. However, this specific model offers a highly competitive 95 percent profit split. All payouts, regardless of the cycle, require a minimum withdrawal amount equal to 1 percent of the initial account balance.
On Demand Payouts for Funded Traders
Funding Pips also offers an On Demand payout option, allowing traders to request a withdrawal at any time without waiting for a specific calendar day. This option provides a 90 percent profit split. However, selecting the On Demand cycle triggers the strict 35 percent consistency rule discussed earlier. Additionally, the minimum reward request for On Demand payouts is raised to 2 percent of the initial account balance.