FundingPips is a forex and CFD prop firm founded in 2022 and operated by FundingPips Corp. It sells paid evaluations (“challenges”) that, once passed, give a trader a simulated funded account with a profit split of up to 95% or 100%, depending on the program. Its main appeal is a low entry price on small accounts and a choice of evaluation styles. Its main complication is that the rules change meaningfully from one program to the next, so two FundingPips accounts of the same size can carry very different targets, loss limits and payout terms.
Who operates FundingPips
FundingPips is operated by FundingPips Corp and has been running since 2022. It is commonly described as headquartered in Dubai, yet its restricted-country list includes the UAE, alongside Vietnam and any country on FATF or EU/UN sanctions lists.
Like other evaluation-model prop firms, FundingPips earns from challenge fees and pays traders a share of profits generated on funded accounts. The trader’s own money at risk is the fee, not the account balance.
Evaluation programs
FundingPips runs several distinct models. This review covers its three two-step evaluations: 2 Step Standard, 2 Step Flex and 2 Step Pro. The firm also offers a 1-Step Flex program and FundingPips Zero, its instant funding model, which skips the evaluation. In total it now has five current models, with account sizes up to $200K.
The three two-step programs differ as follows:
- 2 Step Standard ($100K): phase 1 target 8%, phase 2 target 5%, daily loss “3% / 5%” (see the note below), maximum loss 10% static, minimum 3 trading days, profit split up to 100%.
- 2 Step Flex ($5K to $100K): phase 1 target 10%, phase 2 target 8%, daily loss 4%, maximum loss 12% static, minimum 1 trading day, profit split up to 100%, bi-weekly payouts.
- 2 Step Pro ($100K): 6% target in each phase, daily loss 3%, maximum loss 6% static, no minimum trading days, profit split up to 100%.
Three terms need confirming in the FundingPips terms before you buy. The Standard program’s daily loss is given as “3% / 5%”, with no indication of which value applies to which phase or configuration, so check it before you plan position sizes around it. Platform availability can vary by program. The reward cycle labels and split percentages have been revised more than once, most recently with Zero’s move to a 14-day cycle.
The trade-off between Flex and Pro is clear from the numbers. Flex asks for larger targets (10% then 8%) but gives the widest loss buffer, 12% overall. Pro asks for smaller targets (6% and 6%) but cuts the overall loss limit to 6% and the daily limit to 3%. A trader whose strategy produces steady, small gains with shallow drawdowns fits Pro’s structure better. One who needs room to sit through deeper swings fits Flex better.
There is no hard maximum time limit for completing an evaluation, so the minimum trading days are the only time requirement on the clock. On Pro, that minimum is zero.
How the limits work on a $100K Flex account
A worked example using the 2 Step Flex figures, assuming a $100,000 starting balance:
- Phase 1 target: 10% of $100,000 = $10,000 in profit, so the account must reach $110,000.
- Phase 2 target: 8% = $8,000.
- Maximum loss: 12% static. “Static” means the floor is fixed relative to the starting balance and does not trail upward as the account grows. The account fails if it falls to $88,000, whether you are up or down at the time.
- Daily loss: 4% = $4,000 of loss in a single day.
The static floor matters most after a run of profits. On a trailing drawdown, a trader who reaches $108,000 would see the floor rise with them. Under FundingPips’ static structure, the floor stays at $88,000, so that trader would have $20,000 of room before breaching it.
Flex’s profit target to drawdown ratio is 1:12, reflecting its 12% loss allowance against the phase 1 target. Pro’s is 1:6, reflecting a 6% allowance.
What it costs
Challenge fees are one-time payments per account. At full price, the 2 Step Flex range runs from $35 for $5K to $555 for $100K. The $100K Standard costs $652 and the $100K Pro $466. A current 20% discount lowers the $100K Standard to $522, a saving of $130. Promotions change, so that discounted price may not last.
Cost per unit of capital is a fairer comparison than headline fees. At list price:
| Program | Account | List fee | Fee per $10K of account |
|---|---|---|---|
| 2 Step Flex | $5K | $35 | $70 |
| 2 Step Flex | $100K | $555 | $55.50 |
| 2 Step Pro | $100K | $466 | $46.60 |
| 2 Step Standard | $100K | $652 | $65.20 |
Two things follow. First, the cheapest ticket is not the cheapest capital: the $5K Flex costs the least to enter but the most per dollar of buying power. Second, among the $100K options, Pro costs the least per $10K. The trade is tighter limits, since a lower fee buys a 6% overall loss allowance instead of Flex’s 12% or Standard’s 10%.
Trading rules and restrictions
Beyond targets and drawdowns, several conduct rules shape how you can trade. The firm documents these per program, and the FundingPips rules breakdown goes through them in detail. The main ones:
The 3% single-trade rule. On the 1-Step and 2-Step programs, including Pro, no single trade’s loss may exceed 3% of the account size. Splitting one idea into several positions does not get around this, because FundingPips counts them as one trade. On a $100K account, that caps the loss on any one trade idea at $3,000. On Pro, that equals the whole daily limit.
Consistency score. FundingPips applies a consistency score that it treats as a soft rule. Failing it does not close the account. Instead, it blocks a reward (payout) request until your profit distribution meets the requirement. The thresholds depend on the program and payout cycle:
- On Zero, the largest winning day may account for no more than 15% of total profits.
- On the On-Demand reward cycle, no single day may account for more than 35% of profits.
In practice, one outsized winning day delays a withdrawal until enough additional profitable days dilute it. As an example: on a Zero account with $2,000 in profit, a single $600 day is 30% of profits, double the 15% limit. Total profit would need to reach $4,000 for that day to fall to 15%, assuming the $600 day remains the largest.
News and weekend trading. These depend on the program. On 1-Step and 2-Step accounts, news trading is permitted during the evaluation. On funded accounts it is restricted unless the trader is on the On-Demand reward cycle. Zero does not allow news trading or weekend holding. Overnight holding is permitted in the programs that allow it.
Prohibited strategies. Martingale-style position sizing and hedging are not allowed.
Payouts and profit split
Payouts are paid by card, crypto, bank transfer or Rise. The firm says 90% of rewards are processed in seconds.
Profit split and frequency are tied to the program and the reward cycle you select, not to the firm as a whole. On the two-step challenges, Standard, Pro and Flex all list a split of up to 100%, with Flex on a bi-weekly schedule. Zero now runs a 14-day reward cycle with a 95% split.
FundingPips has also offered a menu of reward cycles that trade frequency against split:
- Tuesday Payday: 60% split, the fastest regular cycle.
- Weekly (Pro): 80%.
- Bi-weekly (Zero): 95%.
- Monthly: 100%.
- On-Demand: 90% (100% under scaling), subject to the 35% consistency requirement.
Across versions of this menu, the principle holds: faster or more flexible access to profits comes with a lower share. A trader who needs income every week gives up a large part of the split for that speed.
Scaling. FundingPips now lists a maximum allocation of $400K across accounts. A growth plan can take total allocation up to $2,000,000 for traders who keep meeting its conditions.
Platforms, instruments and leverage
FundingPips supports three platforms: MetaTrader 5, cTrader and Match-Trader. There is no MetaTrader 4 option. All three offer desktop and mobile access and standard market, limit and stop orders.
Tradable assets cover FX, metals, energies, indices and crypto. FundingPips does not offer futures, so traders looking for CME-style contracts need a different type of firm, such as those on the best futures prop firms list.
On the standard evaluation, FundingPips lists leverage of 1:100 on FX, 1:30 on metals, 1:20 on indices, 1:10 on energies and 1:2 on crypto, with lower figures on Swing and Swap-free accounts. That is the maximum available, not the leverage on every instrument. High leverage lowers the margin needed per position but does not change the loss limits: on Pro, the 3% daily cap and 3% single-trade cap bind long before margin does.
Track record and reputation
FundingPips reports $328 million in total payouts, eighth among the 50 firms that publish a payout total and 5.1% of all reported payouts. These totals are self-reported by the firms and measure scale, not any individual trader’s payout experience.
The firm has a large Trustpilot footprint, with a 4.4/5 score from 73,691 reviews as of 13 November 2026. Most are five-star, and 6,188 are one-star.
Four years of operation is a shorter track record than several better-established competitors have. FundingPips also revises its programs and payout cycles frequently. That can work in a trader’s favor, for example when a split rises, but it also means older rule summaries may be out of date.
Strengths and trade-offs
Strengths
- Low entry ticket: the $5K Flex costs $35.
- A choice of evaluation styles, from Flex’s wide 12% loss buffer to Pro’s low targets and zero minimum days.
- Static maximum drawdowns on the two-step programs, so the floor does not trail profits upward.
- Splits of up to 100% on some programs and reward cycles.
- Four payout methods, including crypto and Rise.
- Three modern platforms and a scaling path toward $2,000,000.
Trade-offs
- Rules differ sharply by program, and Standard’s daily loss is ambiguous as stated.
- The consistency score can hold back a payout after a single strong day.
- News trading on funded accounts is limited outside the On-Demand cycle, and Zero allows neither news nor weekend trading.
- The 3% single-trade rule caps aggressive sizing even when the daily limit would allow more.
- Faster payout cycles carry much lower splits.
- No futures, and residents of the UAE, Vietnam and sanctioned countries are excluded.
How we checked FundingPips
We visited fundingpips.com on 13 November 2026, connecting from Tallinn, Estonia. We opened the home page, scrolled through the footer, read the Terms & Conditions and the trading objectives page, then followed the “Buy Challenge” button to checkout. We stopped there. We did not buy a challenge, open an account, deposit anything or contact support, although a live chat widget was available.
Prices were easy to find. The cheapest ticket we saw was the $5K 2 Step Pro at USD 29. The $5K 2 Step Flex was USD 35, and the checkout listed a $200K Pro at USD 919. The checkout page displayed its prices when it opened, and we did not sign in to reach it. The rules page restricts trading for 5 min before and after high-impact news on Master accounts, and the terms say challenge fees are not refundable. In the footer, FundingPips Corp is described as a limited liability company incorporated under the laws of the Comoros Union, company number HY01223081, with a registered address at Bonovo Road, Fomboni Island of Mohéli. The same footer says the company holds an International Brokerage and Clearing House License under the Ibc Regulation Act 2014, License No. Bfx2024004. We found no risk warning on the pages we opened.
No register check was possible. Neither the company number nor the licence number appears in a register we are able to query, so both remain the firm’s own statements. On Trustpilot, which we read on 13 November 2026, FundingPips scored 4.4/5 from 73,691 reviews, with 82% five-star and 8% one-star. The company had replied to none of the 8 newest reviews. The domain was registered on 2022-09-06, and the Wayback Machine’s first capture of the site dates from 2022-10-12.
We could not independently confirm the Comoros licence. Because we never traded or requested a payout, nothing in this check speaks to how payouts are handled in practice.
Who FundingPips may suit
FundingPips fits a forex or CFD trader who wants a low-cost first attempt and can live within per-trade risk caps, choosing between Flex and Pro according to how much drawdown room the strategy needs.
It fits less well if your edge depends on trading high-impact news on a funded account, holding through weekends on an instant account, or a few large winning days. The consistency score and news restrictions weigh hardest on those styles.
Alternatives
| Provider | Score | Fee | Split | Payouts | |
|---|---|---|---|---|---|
| 7.8/10 | $172 | 90% | DLL Off: Every 5 Days | DLL On: On demand, as soon as all pa | Review | |
| 7.9/10 | $149 | 75%-25% | — | Review | |
| 6.6/10 | $550 | 80% | 5 business days | Review |
Sources
- help.fundingpips.com/hc/en-us/articles/44390730743825-Get-Started
- help.fundingpips.com/hc/en-us/articles/34502157694865-FundingPips-Zero
- help.fundingpips.com/hc/en-us/articles/34501809112081-2-Step-Standard
- help.fundingpips.com/hc/en-us/articles/34501697434385-1-Step-Flex
- help.fundingpips.com/api/v2/help_center/en-us/articles.json
- fundingpips.com/terms-and-conditions