CEOKhaled Ayesh
Country
flag
AE
Date Created11/1/2022
Years in Operation3.5

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

1 Step

  • FX 1:30

  • Metals,Energy 1:10

  • Indices 1:5

  • Crypto 1:1


2 Steps

  • FX 1:100

  • Metals 1:30

  • Indices 1:20

  • Energy 1:10

  • Crypto 1:1


Instant

  • FX 1:50

  • Metals, Indices & Energy 1:5

  • Crypto 1:1

Commissions

FX

  • 1 Step, 2 Steps & 2 Steps Pro & Flex: $5/Lot

  • Zero Instant: $7/Lot


Indices & Energy

  • All accounts $0 Commission


Crypto

  • All accounts 0.04%/Lot

Account Sizes

  • 1 Step | $5k to $100k

  • 2 Step | $5k to $100k

  • 2 Step Pro | $5k to $200k

  • 2 Step Flex | $5k to $100k

  • Zero | $5k to $200k

Max Allocation

  • You can merge your accounts up to $300k

  • 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

Daily & Maximum Loss

  • 1 Step | Daily Loss 3% | Maximum Loss 6%

  • 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%

Drawdown

  • All challenges & funded accounts: Static Equity Based Drawdown

  • Zero: Trailing Drawdown

Risk Management

  • 1 Step, 2 Steps (25k and above) & 2 Steps Flex 50k and above: 2% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure (Master accounts only).

  • 1 Step, 2 Steps (25k and above) & 2 Steps Flex below 50k: 3% floating drawdown is not allowed for any open trades. Breaking this rule will lead to account closure (Master 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


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 Master account will have 4 minimum profitable days. This isn't a breach and doesn't affect passing.

Consistency Rules

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

  • ONLY if you choose the daily payout Consistency is 35%

  • Instant Zero Consistency is 15%

Minimum Trading Days

  • 1 Step & 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.

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 accounts except ZERO account

  • You can ONLY hold a trade overnight for the 2 step Flex, NOT on the weekend

  • Swap charges are included in your loss limit

Copy Trading

Allowed

  • You are allowed to use a trade copier from your Funding Pips account (as a master 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 cant use VPN or VPS in any way

Profit Share

1 Step & 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%

Payout Policy

1 Step & 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 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

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 Master 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%

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

Restricted Countries

Iran
Iran
United Arab Emirates
United Arab Emirates
Vietnam
Vietnam

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