Funding Pips Review
Funding Pips recognizes three crucial stages in a trader’s professional journey. To assess trading skills and assist with funding challenges, they offer a comprehensive two-phase evaluation followed by a funded phase. This approach enables traders to access substantial capital upon successful completion.
Pros +
+ Excellent Trustpilot rating of 4.6/5
+ Three Unique Funding Programs
+ Professional Trader Dashboard
+ A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
+ Leverage up to 1:100
+ No Minimum & Maximum Trading Day Requirements
+ Scaling Plan
+ Scaleable Daily & Maximum Drawdown
+ Maximum Drawdown Scaling up to 14%
+ Maximum Daily Drawdown Scaling up to 7%
+ First Payout After 5 Days
+ 5 Calendar Day Payout Cycle
+ Profit Share of 80% up to 90%
+ Overnight & Weekend Holding Allowed
+ News Trading Allowed (During Evaluation)
+ Affordable Evaluation Program Prices
Cons -
– Evaluation Program has Equity-based Drawdown
– Withdrawal Requirement of 1%
– Hedging is Prohibited
Funding Pips identifies three essential stages in a trader’s professional development: Student, Practitioner, and Master. Traders can earn substantial profits, managing account sizes up to $100,000 with profit splits of up to 90%. This opportunity spans various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Who are Funding Pips?
Funding Pips, legally known as ANKH PROP – FZCO, is a proprietary trading firm established on August 25, 2022. Based in Dubai, United Arab Emirates, and led by CEO Khaled Ayesh, Funding Pips offers traders three account types: a two-step evaluation, a one-step evaluation, and a three-step evaluation. Partnered with a tier-1 liquidity provider, Funding Pips ensures the best simulated real market trading conditions.
The company’s headquarters are located at IFZA Business Park, Premises NO. 19448-001, Dubai, UAE.
Who is the CEO?
Khaled Ayesh is the CEO of Funding Pips.
Funding program options
Funding Pips provides its traders with three unique funding program options:
Funding Pips Funding Programs
Funding Pips’ Two-step Evaluation offers traders the opportunity to manage account sizes ranging from $5,000 to $100,000. The goal is to identify skilled traders who demonstrate profitability and effective risk management throughout the evaluation period. This evaluation program allows trading with leverage up to 1:100.
Account Sizes
– $5,000 – $36
– $10,000 – $66
– $25,000 – $156
– $50,000 – $266
– $100,000 – $444
Phase One: Traders must achieve an 8% profit target while adhering to a 5% maximum daily loss and a 10% maximum loss limit. There are no minimum or maximum trading day requirements in this phase. To advance to phase two, simply reach the 8% profit target without breaching the loss rules.
Phase Two: Traders must reach a 5% profit target, maintaining the same 5% maximum daily loss and 10% maximum loss limits. Like phase one, there are no minimum or maximum trading day requirements. Successfully reaching the 5% profit target without breaching loss rules qualifies you for a funded account.
Funded Account: Upon completing both evaluation phases, traders are awarded a funded account with a minimum withdrawal amount of 1% of the initial account balance. The first payout can be requested after generating a profit on the first Tuesday. Subsequent payouts can be requested every Tuesday if criteria are met. The profit split ranges from 80% to 90%, based on your profits.
Two-step Evaluation Scaling Plan
Successful traders can benefit from a scaling plan. Account and drawdown increases are based on the number of successful payouts and profits secured.
Scaling Examples:
– After 4 Payouts and 10% Profit: 20% account increase, maximum drawdown increases to 11%.
– After 8 Payouts and 20% Profit: 30% account increase, daily drawdown increases to 6%, and maximum drawdown to 12%.
– After 12 Payouts and 30% Profit: 40% account increase, maximum drawdown increases to 13%.
– After 16 Payouts and 40% Profit: Qualify for the Hot Seat with benefits like doubling the initial account balance, personal support, advanced trading tools, on-demand payouts, increased profit split to 90%, potential access to up to $2,000,000, customized trading conditions, daily drawdown increase to 7%, maximum drawdown to 14%, and monthly bonuses.
Monthly Hot Seat Bonuses per Account Sizes
– $5,000 – $100
– $10,000 – $200
– $25,000 – $300
– $50,000 – $400
– $100,000 – $500
Two-step Evaluation Trading Rules
– Profit Target: Traders must achieve specific profit targets to successfully complete an evaluation phase, withdraw earnings, or scale their trading accounts. The profit target for Phase 1 is 8%, while Phase 2 requires a 5% profit target. Funded accounts have a 1% withdrawal requirement.
– Maximum Daily Loss: The maximum allowable loss in a single trading day is 5% of the account size. This limit is scalable up to 7%.
– Maximum Loss: The overall maximum allowable loss is 10% of the account size. This limit is scalable up to 14%.
– No Hedging: Hedging strategies are prohibited during trading activities.
– No News Trading: Trading is not allowed during high-impact news releases. Traders cannot execute new trades or close existing trades on the specified instrument within 2 minutes before and after the announcement on funded accounts.
Funding Pips’ One-step Evaluation offers traders the opportunity to manage account sizes ranging from $5,000 to $100,000. This program aims to identify disciplined traders who demonstrate profitability and effective risk management during the one-step evaluation period. The One-step Evaluation allows trading with leverage up to 1:50.
Account Sizes
– $5,000 – $59
– $10,000 – $99
– $25,000 – $199
– $50,000 – $299
– $100,000 – $499
Evaluation Phase: Traders must achieve a 12% profit target without exceeding a 4% maximum daily loss or a 6% maximum loss. There are no minimum or maximum trading day requirements. Simply reach the 12% profit target without breaching the loss rules to proceed to funded status.
Funded Account: Upon completing the evaluation phase, traders receive a funded account with a minimum withdrawal amount of 1% of the initial account balance. The 4% maximum daily loss and 6% maximum loss rules still apply. The first payout can be requested after generating a profit on the first Tuesday, with subsequent payouts available every Tuesday if criteria are met. Profit splits range from 80% to 90%, based on the profits earned in the funded account.
Funding Pips One-step Evaluation Scaling Plan
The One-step Evaluation includes a comprehensive scaling plan. Traders receive account increases based on the number of successful payouts and the profits secured while funded.
Scaling Examples:
After 4 Successful Payouts and 10% Total Profit: Qualify for a 20% increase based on the initial account balance.
After 8 Successful Payouts and 20% Total Profit: Qualify for a 30% increase based on the initial account balance.
After 12 Successful Payouts and 30% Total Profit: Qualify for a 40% increase based on the initial account balance.
After 16 Successful Payouts and 40% Total Profit: Qualify for the Hot Seat, which offers unique benefits including:
– Doubling the initial account balance
– Personal support and access to advanced trading tools
– Access to on-demand payouts
– Increased profit split to 90%
– Potential access to up to $2,000,000 by successfully scaling your account multiple times
– Customized trading conditions tailored to your unique trading style
– Monthly bonuses (details in the spreadsheet below)
Monthly Hot Seat Bonuses per Account Sizes
– $5,000 – $100
– $10,000 – $200
– $25,000 – $300
– $50,000 – $400
– $100,000 – $500
Funding Pips One-step Evaluation: Trading Rules & Objectives
– Profit Target: Traders must achieve a 12% profit target to successfully complete the evaluation phase, withdraw earnings, or scale their trading account. Funded accounts have a 1% withdrawal requirement.
– Maximum Daily Loss: The maximum allowable loss in a single trading day is 4% of the account size.
– Maximum Loss: The overall maximum allowable loss is 6% of the account size.
– No Hedging: Hedging strategies are prohibited during trading activities.
– No News Trading: Trading is not allowed during high-impact news releases. Traders cannot execute new trades or close existing trades on the specified instrument within 2 minutes before and after the announcement on funded accounts.
Funding Pips’ Three-step Evaluation offers traders the opportunity to manage account sizes ranging from $10,000 to $100,000. This program aims to identify disciplined traders who demonstrate profitability and effective risk management over the three-step evaluation period. The Three-step Evaluation allows trading with leverage up to 1:50.
Account Sizes
– $10,000 – $59
– $25,000 – $139
– $50,000 – $219
– $100,000 – $349
Evaluation Phases Overview:
Each phase requires traders to achieve a 5% profit target without exceeding a 4% maximum daily loss or 6% maximum loss rules. There are no minimum or maximum trading day requirements during any phase. Successfully meeting these criteria allows progression to the next phase or funded status.
Funded Account Benefits:
Upon completing all three evaluation phases, traders receive a funded account with a minimum withdrawal amount of 1% of the initial balance. The account maintains a 4% maximum daily loss and 6% maximum loss rules. Initial payouts are available after generating profits on the first Tuesday, with subsequent weekly payouts possible if all criteria are met. Profit splits range from 80% to 90%, based on the funded account’s profitability.
Funding Pips Three-step Evaluation Scaling Plan
The Three-step Evaluation includes a structured scaling plan where traders receive account increases based on successful payouts and accumulated profits during the funded period.
Scaling Examples:
After 4 Successful Payouts and 10% Total Profit: Qualify for a 20% increase relative to the initial account balance.
After 8 Successful Payouts and 20% Total Profit: Qualify for a 30% increase relative to the initial account balance.
After 12 Successful Payouts and 30% Total Profit: Qualify for a 40% increase relative to the initial account balance.
After 16 Successful Payouts and 40% Total Profit: Qualify for the Hot Seat, offering unique benefits such as:
– Doubling the initial account balance
– Personalized support and access to advanced trading tools
– On-demand payout options
– Increased profit split up to 90%
– Potential to access up to $2,000,000 by successfully scaling the account multiple times
– Customized trading conditions tailored to individual trading styles
– Monthly bonuses (details available in the provided spreadsheet)
Monthly Hot Seat Bonuses per Account Sizes
– $5,000 – $100
– $10,000 – $200
– $25,000 – $300
– $50,000 – $400
– $100,000 – $500
Funding Pips Three-step Evaluation: Trading Rules & Objectives
– Profit Target: Traders must achieve a 5% profit target in each phase to successfully complete the evaluation, withdraw earnings, or scale their trading account. Funded accounts require a 1% withdrawal minimum.
– Maximum Daily Loss: The maximum allowable loss per trading day is 4% of the account size for all account levels.
– Maximum Loss: Traders are limited to a maximum overall loss of 6% of their account size without breaching account requirements.
– No Hedging: Hedging strategies are strictly prohibited during all trading activities.
– No News Trading: Trading is restricted during high-impact news releases. This includes refraining from opening new trades or closing existing positions on specified instruments within a 2-minute window before and after news announcements, applicable only to funded accounts.
Proof of Payment
Funding Pips, incorporated on August 25, 2022, is a reputable proprietary trading firm with a thriving community of funded traders who benefit from profit-sharing opportunities.
Reaching Funded Status and Profit Sharing:
Upon achieving funded status through the Two-step Evaluation, One-step Evaluation, or Three-step Evaluation, traders become eligible for their first payout upon reaching a 1% withdrawal target on the first Tuesday. Subsequently, payouts can be received every Tuesday upon meeting the 1% withdrawal target. Profit splits range generously from 80% to 90%, based on the trader’s performance on their funded account.
Proof of Performance and Community Feedback:
Funding Pips is well-documented across various platforms. For instance, traders share their experiences and payout testimonials on Trustpilot, highlighting their journey with the firm and the seamless payout process. Additionally, Funding Pips showcases trader interviews and payout certificates on platforms like YouTube and Discord, providing transparent insights into successful traders’ achievements.
View examples of payout certificates and testimonials in the accompanying images. (These are not our payouts!)
Conclusion
Funding Pips stands out as a reputable proprietary trading firm offering three distinct funding programs: Two-step Evaluation, One-step Evaluation, and Three-step Evaluation.
Two-step Evaluation: This industry-standard program requires completing two phases to qualify for managing a funded account and earning profit splits ranging from 80% to 90%. Traders aim for 8% profit in phase one and 5% in phase two, adhering to maximum daily loss of 5% and maximum loss of 10%. There are no minimum or maximum trading day requirements, allowing traders flexibility. The program includes a scaling plan to grow initial account balances.
One-step Evaluation: In this streamlined program, traders achieve funded status after one phase, targeting a 12% profit with maximum daily loss limited to 4% and maximum loss to 6%. Similar to the Two-step Evaluation, there are no trading day constraints, and a scaling plan is in place for account growth.
Three-step Evaluation: This comprehensive program spans three phases, requiring traders to reach 5% profit targets in each phase while adhering to maximum daily loss of 4% and maximum loss of 6%. Flexibility in trading days and a scaling plan are integral to this evaluation.
Why Choose Funding Pips?
Funding Pips caters to traders worldwide with diverse trading styles, offering features like no minimum trading day requirements, comprehensive scaling plans for daily and maximum drawdowns, and affordable evaluation fees. These attributes make Funding Pips a leading choice among proprietary trading firms.
Alpha Capital Group Details
Trading Platforms
Match-Trader, Tradelock
Deposit Methods
Visa, Crypto,
Withdrawal Methods
Bank Transfer, Crypto, Rise
Account Size
$10.000, $25.000, $50.000, $100.000, $5.000
Tradable Instruments
Commodities, Forex, Indices, Crypto, Metals
Rules
Maximum Daily Loss, Maximum Loss, No Hedging, No News Trading, Profit Target
Brokers
Liquidity Provider with Simulated Real Trading Conditions
Account Currencies
USD
Trading Programs
Two Step Challenge, One Step Challenge, Three Step Challenge
Incorporation
August 2022
CEO
Khaled Ayesh
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