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Funding Pips Prop Firm: A Personal Take
Funding Program Details
Funding Pips: A Simple Guide to an Awesome Trading Opportunity
So, let’s talk about Funding Pips, a leading proprietary trading firm based in the buzzing city of Dubai. It’s pretty new, having started in August 2022, but it’s already making waves in the forex trading and prop trading world. Why? Because it’s got a super unique funding program with a two-stage evaluation process that puts it miles ahead of the competition.
The Basics: Account Sizes and Profit Sharing
Here’s the deal: Funding Pips offers traders accounts ranging from $5,000 to $100,000. But the real magic? You get to keep 80% to 90% of your trading profits. That’s right—most of the money you earn stays in your pocket, making it one of the best funding firms for traders.
How the Evaluation Program Works
Okay, here’s the fun part (well, fun if you love challenges). Funding Pips runs a two-phase evaluation program, which is standard for top prop trading firms.
- You hit specific profit targets in each phase, just like in other forex funding programs.
- You manage your risks like a pro, demonstrating skills in risk management.
The cool thing? There’s no pressure to trade a set number of days. Go at your own pace—fast or slow—whatever works for you.
Leverage: The Power Booster
Traders get a leverage of 1:100, which means you can control larger positions without needing a ton of capital upfront. This makes it ideal for day traders, swing traders, and those exploring scalping strategies.
Scaling Plans: Leveling Up Like a Boss
Here’s where things get exciting:
- As you perform well, Funding Pips scales up your account and adjusts your maximum drawdown to reflect your growing success, which is rare among many proprietary trading firms.
- Hitting your targets doesn’t just mean payouts; it means more capital to play with and a setup designed to match your skills.
Performance Milestones: Unlocking Bonuses
If you’re consistent and keep crushing it, Funding Pips starts rolling out the red carpet:
- Bigger profit percentages.
- Expanded drawdown limits.
- Additional bonuses for consistent success in funded trader programs.
The "Hot Seat": The Ultimate Goal
Now, let’s talk about the Holy Grail of Funding Pips—the Hot Seat. This is for traders who are not just good but consistently amazing. If you get here, you unlock:
- Advanced trading tools for better performance in forex trading.
- VIP-level support that makes your prop trading journey seamless.
- The chance to scale your account up to a jaw-dropping $2 million, a feature not offered by many other funding firms.
Why Funding Pips is Worth It
At its core, Funding Pips is all about giving traders the tools and opportunities to succeed. With a smart evaluation process, generous profit sharing, and room to grow, it’s changing the game for funded forex traders.
If you’ve got the skills and the drive, Funding Pips might just be the perfect partner for your trading career. 🚀