Introduction
What is FundingPips? FundingPips (launched 2022; headquartered in Dubai) provides evaluation challenges and instant funding programs to allow traders to access firm capital after meeting program-specific risk rules and profit targets. The firm is known for low entry fees, a Zero instant funding product, frequent payout cycles, and an emphasis on accessible scaling for successful traders.
This review synthesizes FundingPips’ documentation, independent reviewer analyses and community feedback to offer a balanced, evidence-based view. See source links at the end.
Account Types & Challenge Models
FundingPips currently offers multiple evaluation routes designed for different trader profiles:
- One-Step Evaluation — single-phase challenge (examples: 10% target on some tiers) with daily/total drawdown caps and a minimum trading-days requirement (commonly 3 days on student tiers).
- Two-Step Evaluation — common industry two-phase model: Phase 1 (initial target) then Phase 2 (final target) before funding; minimum trading days commonly apply.
- Two-Step Pro — reduced targets and more stringent rules for experienced traders (e.g., 6% target variants, shorter min. day requirements for Pro).
- Zero (Instant Funding) Model — skip the evaluation for instant access to a master account; available account sizes commonly range from $5,000 up to $100,000 for the Zero model (one-time fee; strict master-stage rules apply).
Fee examples reported across public pages and aggregators: starter challenge fees as low as roughly $29 for small ($5k) evaluation tiers, up to higher fees for larger account tiers and Zero instant packages. Refund/promo conditions vary by product — confirm on the checkout/help pages before purchase.
Platforms, Assets & Execution
Platforms: FundingPips supports mainstream trading platforms including MT5 and cTrader (and proprietary UX for dashboard/withdrawals). Check the account page for exact platform availability per product.
Assets: The firm lists extensive instrument coverage (FX majors/minors, indices, commodities, energies and a range of crypto instruments) — third-party reviews place instrument counts well into the hundreds across product lines.
Execution environment: Evaluations are performed in simulated / controlled account environments; while many traders report normal behaviour, there are community reports of slippage or execution discrepancies during volatile periods. If your strategy is latency-sensitive, test carefully on smaller challenges first.
Risk Rules & Common Trigger Events
FundingPips enforces rules intended to preserve firm capital. Representative rules pulled from public terms include (confirm for your product):
- Daily loss limits (examples: 3% for some models; 3–5% range commonly applied depending on the model).
- Maximum/overall drawdown (examples in T&Cs: 5–10% depending on model and account type).
- Minimum trading days during evaluation phases (commonly 1–3 days depending on the tier; Zero/master has its own profitable-day rules).
- Lot exposure limits (per-account max lots per account size; exceeding limits can trigger warnings or closures per T&Cs).
- Restrictions such as no HFT/arbitrage, news trading limits on certain instruments during specified windows — read the trading rules for exact prohibitions.
These details are codified in FundingPips’ Terms & Conditions and trading rules — always verify the exact numeric thresholds for your chosen product before trading. (T&Cs explicitly state they may change and are the authoritative source.)
User Feedback & Reputation
Trustpilot & aggregated reviews
FundingPips displays a strong Trustpilot profile and independent aggregators (DailyForex, ForexPropPreviews, PropFirmMatch) rate the firm positively — reviewers praise quick payouts, low entry fees and responsive support. Overall ratings reported in recent reviews cluster around ~4.4–4.5/5 (tens of thousands of public reviews reported across platforms and aggregators).
Independent reviews
Review sites such as DailyForex and ForexPropPreviews praise FundingPips for its clear program options (One-Step, Two-Step, Pro, Zero), transparent rules, and fast payout cycles — they note FundingPips is competitive on price and user experience.
Complaints & community threads
Community threads on Reddit and other forums discuss cases of slippage, perceived worse fills at certain times, or disputes over promotional/refund terms. These threads are valuable for nuance — many traders still report successful payouts but recommend strong record-keeping (screenshots, ticket IDs) when issues occur.
Practical takeaway: FundingPips is generally well-rated and popular for low-cost entry and fast payouts. Traders who rely on microstructure or ultra-low-latency execution should test the environment thoroughly during a small challenge before scaling.
Legitimacy, Regulation & Risks
Legitimacy: FundingPips is a commercial prop-trading company with public corporate pages, an active blog and sizable public payout claims in their marketing. Their leadership (founder Khaled Ayesh) and media coverage are visible online.
Regulatory nuance: Like many prop firms, FundingPips is not a retail broker regulated under US/UK securities laws for client deposits — traders should understand how the prop-firm model differs from a regulated brokerage (different legal protections, dispute procedures, and deposit handling).
Risk summary: Key risks include automated rule enforcement/termination, gateway fees on withdrawals, and occasional KYC/verification frictions. Read product T&Cs and maintain documentation for any disputes.
Pros & Cons (Summary)
- Low entry fees on starter tiers and refundable options in certain plans.
- Fast payout cycles (commonly 24–48 hours after approval).
- Varied program options including instant/Zero funding.
- Large public user base and many positive reviews on Trustpilot and review aggregators.
- Community reports of slippage and occasional execution anomalies.
- Stringent T&Cs; promo/ refund fine print must be checked carefully.
- Not regulated as a retail broker; different protections apply.
Final Thoughts — Who Should Use FundingPips?
FundingPips is a strong option for traders seeking low-cost entry, fast payouts and flexible paths to scale funded capital — especially discretionary and systematic traders who can trade within clear rules. For latency-sensitive scalpers or traders who depend on broker-specific microstructure, test the platform on a small challenge or the Zero model conditions first. Keep meticulous records and document any execution issues with timestamps and ticket IDs.
Recommended pre-deployment checklist:
- Read the exact trading rules and T&Cs for the product you buy (daily drawdown, overall drawdown, lot limits).
- Confirm platform compatibility (MT5/cTrader) and test via a small challenge or demo.
- Prepare KYC documents in recommended formats to avoid verification delays.
- Account for withdrawal rails and gateway fees when sizing expected net payouts.
References & Source Links
- FundingPips — Official website
- FundingPips — Zero model (official blog)
- DailyForex — FundingPips review
- ForexPropPreviews — FundingPips review
- Trustpilot — FundingPips reviews
- Reddit — example thread on slippage
- FundingPips — Terms & Conditions (rules & drawdown limits)