The Cheapest Prop Firm? Funding Pips Review is here!

Hey everyone, great to have you here as always. Yeah, this time, we’re here with another review for you. We’re going to be talking about Funding Pips, which is one of the latest featured proprietary trading firms that are listed on our website. They are growing exceptionally fast and becoming a desirable proprietary trading firm option for Traders worldwide. Also, since Funding Pips is the cheapest prop firm in the industry, let’s review them. 

Funding Pips- the Cheapest Prop Firm!

That being said, let’s jump into the review of Funding Pips and see what they offer to Traders worldwide.

Funding Pips they are a relatively well-established proprietary trading firm, given they were incorporated in August of last year, so going on the first anniversary. They are located in Dubai, UAE. They’re growing exceptionally rapidly.

Funding Pips Account Size

Now, they are offering Traders a chance to work with four different account sizes ranging from $10,000 up to $1,00,000. Traders can manage a total of two million dollars in capital, which can be acquired by participating in their scaling plan. 

Let’s jump straight in, though, and look at the funding program options Funding Pips offers to its Traders worldwide.

• The Evaluation program accounts do allow you to trade with 1:100 leverage. In phase one, where a Trader is going to be required to reach a profit target of 8%. Traders should not surpass the 5% maximum daily loss or 10% overall maximum loss rules. When it does come to time limitations, note that you have no minimum or maximum trading day requirements during phase one, and that will be the same in phase two.
• To proceed to phase two, you’re only required to reach the eight percent profit target without breaching that maximum daily or maximum overall loss limit rules.
• Now, in phase two, your profit target is 5%. You cannot surpass the 5% maximum daily loss or 10% overall maximum loss rules. Again, no time limitations in terms of minimum or maximum trading day requirements.
• To proceed to a funded status, you just got to reach that 5% profit target and don’t breach the maximum daily or maximum loss limit rules. But by completing both the Evaluation phases, you are awarded a funded account, which is the end goal where you have a minimum withdrawal amount of 1% of the initial account balance. Now, you’re only required to respect the daily loss and maximum overall loss rules.

First Payout

Your first payout is 7 calendar days from the day that you place your first position on your funded account, and all the following payouts are also on a weekly basis.

Profit Split

Your profit split will be 80% up to 90% percent based on the profit you make on your funded account.

That is not all. There is more info, so watch the Video:

Also, don’t forget to use our discount code (FOREXPROPREVIEWS) for a 5% Discount. Also, stay updated with the Latest Prop News.