Updated Funding Pips Review Has Arrived: Check it Out!

Hey guys. This time, we’ve prepared another updated review for you guys. We have the updated review of Funding Pips, one of the top proprietary trading firms in the industry. They’re known for their excellent reputation and consistently draw a lot of attention by offering really attractive features to traders globally. 

Updated Funding Pips Review Has Arrived!

For those of you who are unfamiliar with who they are, they’re a well-established prop trading firm founded in August of 2022 and based out of Dubai, UAE. They offer traders a choice between three funding programs: a one-step, a two-step, and a three-step evaluation.

Let’s dive straight into those funding programs and some of the trading objectives and regulations that traders worldwide must adhere to.

Funding Pips Funding Programs

Funding Pips provides its traders with three unique funding program options:

• One-step Evaluation
• Two-step Evaluation
• Three-step Evaluation

Keep in mind that all three of these programs are designed to offer higher flexibility and cater to different trading styles and risk appetites within the community. They’re also designed for consistently profitable and disciplined traders.

One-Step Evaluation

Let’s start with the one-step evaluation. 

In the one-step evaluation, account sizes can range from $5,000 up to $100,000, with leverage up to 1:50, depending on your instrument.

• During the evaluation phase, traders must reach a profit target without exceeding the 4% maximum daily loss or 6% maximum overall loss limit.

Two-Step Evaluation

Next, let’s take a look at the two-step evaluation. Account sizes range from $5,000 up to $100,000, with leverage of up to 1:100, depending on your instrument.

• In phase one, you have a profit target of 8%, and in phase two, the profit target is 5%. The same loss limits apply a 5% daily loss and a 10% overall loss limit.

No maximum trading day requirements through any of the phases, but you are required to trade for a minimum of three days to qualify for a funded account. The goal is to get through the funded status.

There-Step Evaluation

Lastly, the three-step evaluation offers account sizes ranging from $10,000 up to $100,000, with leverage up to 1:50.

• The profit target is consistently 5% throughout each of the three phases. You are not able to exceed a 4% daily loss or breach a 6% overall loss limit.

There are no maximum trading day requirements for any of the phases, but you must trade for a minimum of three days to proceed to the next phase. If you get all the way to funded status, traders have access to a fully funded account. 

What helps Funding Pips stand out from other prop firms?

What helps Funding Pips stand out from other prop firms is their three distinct funding programs with lots of great features. They cater to different trading styles and preferences. The scaling plan allows traders to achieve up to 100% profit splits and a monthly salary through the hot seat program. They also have very competitive evaluation prices.

Also, Funding Pips distinguishes itself by not trading with common broker brands. Instead, they partner with a tier-one liquidity provider renowned for offering some of the best simulated real market trading conditions. Funding Pips offers flexibility to operate on MatchTrader, cTrader, or TradeLocker, all of which have great features, user-friendly interfaces, and compatibility with diverse trading strategies,

Another well-done feature by Funding Pips is their trading dashboard. The dashboard is a comprehensive tool that enables traders to track their progress. They’ve been working on it and refining it, reflecting their commitment to empowering traders with the necessary tools and insights to navigate the financial markets confidently and achieve their trading goals.

For the details of all the important factors mentioned above, watch the full video:

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