Alright, picture this: you’re a trader with talent but not enough capital to make it big. Along comes a prop firm that says, “Prove your skills, and we’ll give you the money you need to trade like a pro.” Sounds like a dream, right? That’s exactly what Funding Pips promises—and it’s gaining a solid reputation in the prop trading world.
Funding Pips offers traders a chance to access substantial trading capital while keeping a hefty share of the profits. But of course, it’s not a free ride; you’ll need to pass their evaluation to prove you’ve got what it takes. Let’s break down everything you need to know about Funding Pips.
What Is Funding Pips?
Funding Pips is a prop trading firm based in the UAE, designed to back skilled traders by providing funded accounts. They’re known for their flexible funding models, high profit splits (up to 100%), and quick payouts. But what sets them apart is their emphasis on simplicity—no hidden fees or overly complicated rules.
The process is straightforward: pay an entry fee, pass their evaluation phases, and gain access to funded accounts ranging from $5,000 to $100,000. Once funded, you keep the lion’s share of your profits while trading with their capital.
Funding Pips Features (Made Simple)
| Trading Feature | Value |
|---|---|
| đź’° Fees: | Fees range from $36 for a $5K account to $444 for a $100K account. |
| 🚀 Profit Split: | Up to 100% profit split (starts at 80%). Yes, you can keep all your earnings once you’ve proven yourself. |
| ✔️ Evaluation: | Two phases. Phase 1 requires 8% profit; Phase 2 requires 5% profit. Both phases have a maximum daily drawdown of 5% and overall drawdown of 10%. |
| 🎯 Profit Target: | 8% in Phase 1 and 5% in Phase 2. |
| âš“ Maximum Drawdown: | Daily: 5%. Overall: 10%. |
| ⌛ Trading Period: | No maximum time limit to complete your evaluation. |
| ⚖️ Leverage: | Up to 1:100 leverage is offered, which is plenty for most trading strategies. |
| 🔧 Instruments: | Forex, Crypto, Indices, Metals, and Energies are all available. Some instruments have raw spreads and low commissions. |
| 🖑 News Trading: | News trading is allowed, so you don’t have to sit out during market-moving events. |
| 🔄 Weekend Trading: | You’re allowed to hold positions over the weekend. |
The Good Stuff vs. The Not-So-Good Stuff
The Good Stuff
| Advantage | Description |
| High Profit Split: | Up to 100% profit split is unmatched in the industry. |
| Flexible Rules: | No time limit to complete your evaluation. |
| Wide Asset Range: | Access to forex, crypto, indices, and more. |
| News Trading Allowed: | You can trade during volatile news events. |
| Fast Payouts: | Quick payment processing for your earnings. |
The Not-So-Good Stuff
| Disadvantage | Description |
| Upfront Fees: | Entry fees can be pricey for beginners. |
| Strict Drawdown Rules: | 5% daily and 10% total drawdown limits mean little room for error. |
| Performance Pressure: | Meeting targets under strict rules can be stressful. |
Final Thoughts
Funding Pips is a standout in the prop trading world for its high profit splits, flexible evaluation process, and trader-friendly rules. But make no mistake: the path to becoming a funded trader isn’t easy. You’ll need discipline, strategy, and a solid trading plan to succeed.
If you’re confident in your skills and looking for a prop firm that rewards talent, Funding Pips could be your ticket to trading success. Just remember to trade smart, stay calm, and keep an eye on those drawdown limits. Good luck!
