CEOKhaled Ayesh
Country
flag
AE
Date Created11/1/2022
Years in Operation4

Funding Pips Prop Firm Details

Firm Overview

Broker:

Liquidity ProviderLiquidity Provider

Platform:

cTradercTraderMatch TraderMatch TraderMT5MT5

Payment Methods:

Apple PayApple Pay Credit Card Credit CardCryptoCrypto Google Pay Google PayPaypalPaypalSkrillSkrillNetellerNeteller

Payout Methods:

CryptoCryptoRiseworksRiseworksBank TransferBank TransferVisa DirectVisa DirectMaster CardMaster Card

Type of Instruments:

forexcfdmetalscryptoenergy

Leverage

2 Step Pro - 2 Step Flex - 2 Step Standard

  • Forex: 1:100

  • Metals: 1:30

  • Energies: 1:10

  • Indices: 1:20

  • Crypto: 1:2


Zero

  • Forex: 1:50

  • Metals: 1:2

  • Energies: 1:10

  • Indices: 1:20

  • Crypto: 1:2


1 Step Flex

  • Forex: 1:100

  • Metals: 1:10

  • Energies: 1:10

  • Indices: 1:20

  • Crypto: 1:2

Commissions

1 Step flex- 2 Step Pro - 2 Step Flex - 2 Step Standard

  • Forex: $5 per lot

  • Metals: $5 per lot

  • Energies / Indices: No commission

  • Crypto: 0.04%


Zero Account

  • Forex: $7 per lot

  • Metals: $7 per lot

  • Energies / Indices: No commission

  • Crypto: 0.04%

Account Sizes

  • 2 Step | $5k to $100k

  • 2 Step Pro | $5k to $200k

  • 2 Step Flex | $5k to $100k

  • Zero | $5k to $200k

  • 1 Step Flex | $5k to $100k

Max Allocation

  • You can merge your accounts up to $400k

  • Accounts must be in the same challenge type to merge

  • Merging is not permitted if there are any open trades

  • Accounts with a negative balance cannot be merged

  • Account merging is only available for funded accounts not challenges

  • Scaled-up accounts cannot be merged

  • Account merging is not supported in the Instant Zero account

  • PRIME Capital scales up to $2,000,000 per trader.

Daily & Maximum Loss

  • 2 Step | Daily Loss 5% | Maximum Loss 10%

  • 2 Step Pro | Daily Loss 3% | Maximum Loss 6%

  • 2 Step Flex | Daily Loss 4% | Maximum Loss 12%

  • Zero | Daily Loss 3% | Maximum Loss 5%

  • 1 Step Flex | Daily Loss 3% | Maximum Loss 12%

Drawdown

  • All challenges & funded accounts: Static Equity Based Drawdown

  • Zero: Trailing Drawdown

Risk Management

  • 2 Steps Flex 25k: 3% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure (funded accounts only).

  • 2 Steps Flex above 25k: 2% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure (funded accounts only)

  • Opening a new position in the same direction within 10 minutes after closing a losing trade is considered part of the same trade idea and must not hit the maximum Risk Per Trade Idea for your account size

  • Zero: 1% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure

  • zero accounts above 50k: 2% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure (funded accounts only)

  • zero accounts below 50k: 3% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure (funded accounts only)


Lot Exposure Limit

  • To avoid extreme market conditions for higher volumes, there is a 20 lot limit that can be opened in one click/trade based on what your margin/leverage allows for. The platform will not allow higher lot sizes in one click. This is a limitation per trade

  • If 60% or more of the profit target is reached from a single trade idea in any phase, the funded account will have 4 minimum profitable days. This isn't a breach and doesn't affect passing.


1 Step Flex:

  • 1% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure(funded account only)

  • A trade idea is a single trade, or multiple positions on the same instrument in the same direction, including any new position opened within 10 minutes of closing a losing trade. All of these positions are counted as a single trade idea.


the Striking System warnings work:

  • 1st-Warning issued.

  • 2nd-Reward split drops by half.

  • 3rd-Reward split drops to 20%.

  • 4th-Account breach and immediate closure.

Consistency Rules

  • 1 Step Flex & all 2 Step accounts: No consistency rule

  • ONLY if you choose the daily payout Consistency is 35%(2 step stander)

  • Instant Zero Consistency is 15%

Minimum Trading Days

  • 2 Steps: 3 days

  • 2 Step Pro: 1 day

  • 2 Step Flex: None, or 3 profitable days of 0.5% if you choose 95% profit share

  • Instant Zero: 7 days ‚ minimum profitable day must have at least 0.25% profit.

  • 1 Step Flex : None

News Trading

Allowed

  • News trading is allowed in all challenges

  • Purposely always trading the news is prohibited and will lead to account termination

Not Allowed

  • For 1 Step, 2 Steps & 2 Steps funded accounts, opening or closing a position 5 minutes before and 5 minutes after a High Impact News event is NOT allowed. If this happens, the profits will not be counted, unless the trade was opened/closed 5 hours before the news event

  • For the ZERO account, opening or closing a position 10 minutes before and 10 minutes after a High Impact News event is NOT allowed, and the account will be terminated

Overnight & Weekends Holding

  • You can hold your positions overnight and over the weekend for all challenge accounts

  • Weekend holds are unavailable on all funded account models. Any open positions will be automatically closed at Friday market close. This is not considered a hard breach on 1 Step Flex, 2 Step Standard, 2 Step Flex, or 2 Step Pro accounts.

  • Weekend holds are not permitted on FundingPips Zero accounts and are considered a Hard Breach.

  • Swap charges are included in your loss limit

  • Crypto positions may be held over the weekend during evaluation phases.

Copy Trading

Allowed

  • You are allowed to use a trade copier from your Funding Pips account (as a funded account) to an external account (as a slave account)

  • All accounts must be under your name

Best website/app to copy trades between your own accounts:

https://bit.ly/4kZqXSJ

Not Allowed

  • Copy trading from personal accounts or any other prop firm to Funding Pips challenges or funded accounts

  • Copy trading between Funding Pips accounts owned by different users

Experts

Allowed

  • Only for risk management experts

Not Allowed

  • Third party EA trading

VPN/VPS

  • You can't use VPN or VPS in any way

Profit Share

2 Steps:

  • Every Tuesday: 60%

  • Bi-weekly: 80%

  • On demand with conditions: 90%

  • Monthly: 100%


2 Steps Pro:

  • Bi-weekly: 80%


2 Steps Flex:

  • Bi-weekly: 85%, or 95% with add-on


Instant Zero:

  • Bi-weekly: 95%


1 Steps Flex:

  • Bi-weekly: 85%

Payout Policy

2 Step Standard:

You can choose between those four types:

  • 60% Profit Share: When you can request every Tuesday

  • 80% Profit Share: When you can request every 14 calendar days after the first executed trade on your account

  • 90% Profit Share: Payout on demand, requires 35% consistency rule that resets after each reward, & minimum on-demand is 2%

  • 100% Profit Share: When you can request every 30 calendar days after the first executed trade on your account


1 Step Flex:

  • Profit Share 85%

  • Minimum payout request 1% for all account sizes

  • Every reward request needs 4 profitable days, and a profitable day closes up 0.5% (in funded account only)


2 Steps Pro:

  • Profit Share 80%

  • Minimum payout request 1% for all account sizes

  • You can request a reward with an 80% profit split every 7 calendar days after your first executed trade on the funded account


Instant Zero:

  • Profit Share 95%

  • You can request a reward with a 95% profit split every 14 calendar days after your first executed trade on your funded account

  • Minimum payout request 1% for all account sizes

  • Minimum trading days: at least 7 days with net profit of 0.25%

  • Consistency Score 15% or below

  • The first 3% profit on the funded account isn't eligible for reward request

  • Your biggest losing day must not be greater than your biggest winning day

Scale Up Plan

Level 1

  • Requirement 4 successful payouts & 10% total profits

  • Capital Boost +20%

  • Risk Limits Increase Max drawdown +1%


Level 2

  • Requirement 8 successful payouts & 20% total profits

  • Capital Boost +30%

  • Risk Limits Increase Max drawdown +1% extra & daily loss +1%


Level 3

  • Requirement 12 successful payouts & 30% total profits

  • Capital Boost +40%

  • Risk Limits Increase Max drawdown +1% extra


Level 4

  • Requirement 16 successful payouts & 40% total profits

  • Capital Boost Initial balance doubled

  • Risk Limits Increase

  • Extra Benefits: On-demand payout, 100% profit split, access up to $2,000,000 capital & monthly bonuses


Prime Account:

after you pass the challenge and reach the funded funded stage, the company can create a new Prime Account for you based on your profits. Eligible profits are counted up to a maximum of 10%, then your profit share is multiplied by a specific model multiplier to determine the size of the Prime Account. Each Prime Account has its own separate account number.


Summary

  • Risk Limits Increase Total max drawdown +4% & total daily loss +2%

  • 80% daily rewards with unlimited payout requests.

  • Losing a PRIME account does not affect your allocation.

  • Scale up by 10% for every 10% cumulative profit; payouts do not affect scaling.

  • Maximum loss: 8% (EOD Trailing).

  • Daily loss: 2% Soft Limit (not a Hard Breach).

  • Unlock PRIME after 3 payouts or by invitation from FundingPips.


Note: All scale-ups are calculated from the original account size If your account is merged scaling will still be based on the initial account not the merged size

Inactivity Rules

  • Account would be closed if there is no open/close position in 30 consecutive days

Prohibited Strategies

  • Gap trading

  • HFT High-Frequency Trading

  • Server spamming

  • Arbitrage

  • Hedging

  • Tick scalping

  • Latency Arbitrage

  • Toxic Trading Flow

  • Long-Short Arbitrage

  • Reverse Arbitrage

  • Server Execution Exploits

  • Opposite Account Trading

  • Churning and Burning

Restricted Countries

Iran
Iran
United Arab Emirates
United Arab Emirates
Vietnam
Vietnam

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