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Funding Pips Coupon Code 2026 - Exclusive Discount

Funding Pips Coupon Code d81f3890 — Verified Discount (Apr 2026)

🇦🇪Bay View Tower, Business Bay, Dubai, UAEEst. 4+ years4.5/5
Reviewed by Kamal Latai, Prop Trading AnalystVerified Feb 24, 2026
Real savings: A $29 Funding Pips challenge drops to $27.55 with code d81f3890 (5% OFF) — you save $1.45.

Active Coupon Codes

Verified5% OffVerified
d81f3890
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Valid for all challenge types. Cannot be combined with other offers.

About Funding Pips

Our Take: Funding Pips, a Dubai-based prop firm, enters the scene with a compelling proposition for experienced forex traders seeking substantial capital. This firm is best for non-US forex traders who prioritize maximizing their earnings potential. Their primary advantage lies in offering up to a 100% profit split on funded accounts scaling up to $2,000,000. While the 4.5/5 rating is based on limited initial feedback (0 reviews), the potential for high profitability is attractive. However, potential users should carefully consider the static drawdown structure and ensure it aligns with their trading style, as this can be a limiting factor for some strategies. Funding Pips supports MatchTrader, cTrader, and TradeLocker platforms and offers evaluations starting from just $29. Consider using promo code d81f3890 for a 5% discount on your evaluation.

Dubai-based prop firm offering up to $2M funding with 80-90% profit splits, no time limits on evaluations, and support for MT5 and cTrader platforms.

Funding Pips is a forex prop trading firm that provides traders with funded accounts up to $2000K. Traders keep up to 100% of their profits while trading with the firm's capital, making it an attractive option for both beginners and experienced traders looking to scale their operations without risking personal funds.

Use our exclusive coupon code "d81f3890" to save on Funding Pips challenge fees. This verified code is updated for Apr 2026 and works on all challenge types and account sizes.

Challenge Pricing — Funding Pips

All Funding Pips challenge prices with your exclusive 5% discount applied. Save on every account size.

Zero $5K

Account SizeOriginal PriceYour Price
$5K$69$66

One Step $5K

Account SizeOriginal PriceYour Price
$5K$59$56

Two Step $5K

Account SizeOriginal PriceYour Price
$5K$36$34

Pro $5K

Account SizeOriginal PriceYour Price
$5K$29$28

Zero $10K

Account SizeOriginal PriceYour Price
$10K$99$94

One Step $10K

Account SizeOriginal PriceYour Price
$10K$99$94

Two Step $10K

Account SizeOriginal PriceYour Price
$10K$66$63

Pro $10K

Account SizeOriginal PriceYour Price
$10K$55$52

Zero $25K

Account SizeOriginal PriceYour Price
$25K$199$189

One Step $25K

Account SizeOriginal PriceYour Price
$25K$199$189

Two Step $25K

Account SizeOriginal PriceYour Price
$25K$156$148

Pro $25K

Account SizeOriginal PriceYour Price
$25K$109$104

Zero $50K

Account SizeOriginal PriceYour Price
$50K$299$284

One Step $50K

Account SizeOriginal PriceYour Price
$50K$319$303

Two Step $50K

Account SizeOriginal PriceYour Price
$50K$289$275

Pro $50K

Account SizeOriginal PriceYour Price
$50K$219$208

Zero $100K

Account SizeOriginal PriceYour Price
$100K$499$474

One Step $100K

Account SizeOriginal PriceYour Price
$100K$555$527

Two Step $100K

Account SizeOriginal PriceYour Price
$100K$529$503

Pro $100K

Account SizeOriginal PriceYour Price
$100K$399$379

Trading Rules — Funding Pips

Daily Loss Limit
5%
Maximum Loss
10%
Drawdown Type
static
Profit Target
8%
Min Trading Days
7 days

Allowed Trading Strategies — Funding Pips

Scalping
Bots / EA
News Trading
Weekend Holding
Copy Trading
Hedging
HFT

Trading Platforms — Funding Pips

Funding Pips supports 3 trading platforms, giving you flexibility to trade on the platform you are most comfortable with.

MatchTradercTraderTradeLocker

Payout Information — Funding Pips

Profit Split
100%
Fee Refundable
No
Payout Methods
Crypto (USDT), Rise, Bank Transfer, Visa Direct

How to Use This Code

  1. 1Click "Copy Code" to copy the discount code to your clipboard
  2. 2Visit Funding Pips through our exclusive affiliate link below
  3. 3Select your preferred challenge type and account size, then proceed to checkout
  4. 4Paste the code in the promo code field and enjoy your discount instantly

Key Details

Max Allocation
$2000K
Profit Split
100%
Rating
4.5/5
Market
forex
Starting From
$29
Headquarters
🇦🇪 Bay View Tower, Business Bay, Dubai, UAE
Platforms
3

Related Forex Coupon Codes

Frequently Asked Questions

Is the Funding Pips coupon code still valid?
Yes, our Funding Pips coupon code is verified and working as of Apr 2026. We regularly check all codes to ensure they provide the advertised discount.
Can I combine multiple Funding Pips coupon codes?
No, prop firms typically allow only one coupon code per purchase. Use the code with the highest discount for maximum savings.
How do I apply the Funding Pips discount code?
Copy the code, visit Funding Pips through our link, select your challenge, and paste the code at checkout. The discount will be applied automatically.
Does Funding Pips offer refundable fees?
The Funding Pips challenge fee is non-refundable, but you can save significantly by using our exclusive coupon code.
How does Funding Pips handle payouts?
Funding Pips processes payouts on a bi-weekly basis, with traders keeping up to 100% of their profits. Payout methods typically include bank transfer, crypto, and other popular options.
What platforms does Funding Pips support?
Funding Pips supports trading on MatchTrader, cTrader, TradeLocker. You can choose the platform that best fits your trading style and strategies.

Funding Pips Complete Guide 2026 — Overview

Funding Pips, established in 2022 and headquartered in the Bay View Tower, Business Bay, Dubai, UAE, is a proprietary trading firm (prop firm) offering traders the opportunity to manage substantial capital and earn a significant portion of the profits. With four years in operation, Funding Pips aims to provide a platform for experienced forex traders to leverage their skills and access funding that might otherwise be unavailable. The firm, led by CEO Khaled Ayesh, operates within the forex market, focusing on providing traders with the resources and environment to succeed. Funding Pips offers a maximum allocation of $2,000,000 and a profit split of up to 100%, making it an attractive option for traders seeking high earning potential.

Funding Pips presents a range of evaluation plans, catering to different trading styles and risk appetites. These plans vary in price, account size, profit targets, and drawdown parameters. The firm supports popular trading platforms such as MatchTrader, cTrader, and TradeLocker, providing traders with a choice of tools to execute their strategies. Funding Pips allows various trading strategies, including scalping, the use of trading bots/EAs, news trading, and hedging. However, weekend holding, copy trading, and high-frequency trading (HFT) are not permitted.

The firm offers multiple payment methods for purchasing evaluation plans, including Credit Card, Crypto, Bank Transfer, Skrill, Neteller, Google Pay, and Apple Pay. Payouts are facilitated through Crypto (USDT), Rise, Bank Transfer, and Visa Direct. While Funding Pips does not offer a free trial or a scaling program, it provides a structured path for traders to prove their skills and gain access to funded accounts. The firm's Trustpilot rating is currently 4.5/5, based on 0 reviews.

Funding Pips' appeal lies in its potential for high profitability and the flexibility it offers in terms of trading strategies. The availability of multiple account sizes and evaluation plans allows traders to choose an option that aligns with their individual goals and risk tolerance. The 100% profit split on funded accounts is a significant draw, offering traders the opportunity to retain all the profits they generate. However, the static drawdown structure may pose a challenge for some traders, requiring careful consideration of its impact on their trading style. The firm's acceptance of various payment and payout methods adds to its accessibility and convenience.

How to Save 5% on Funding Pips with Coupon Code d81f3890

Using a coupon code is the simplest way to reduce the cost of your Funding Pips trading challenge. The code d81f3890 provides an exclusive 5% discount on all Funding Pips evaluation plans. Here is how to apply it:

1. Visit the Funding Pips website through our exclusive partner link on this page.

2. Select your preferred challenge — choose the account size and evaluation type that matches your trading goals.

3. Enter the coupon code `d81f3890` at checkout — the 5% discount will be applied instantly to your order total.

4. Complete your purchase — you will receive immediate access to your evaluation account.

This 5% discount with code `d81f3890` applies to all available Funding Pips challenge sizes. For example, if a challenge normally costs $500, you would pay only $475 after applying the code — saving $25 instantly.

The coupon code `d81f3890` is verified and updated regularly by our team. If the code does not work at checkout, return to this page for the most current discount code. Our exclusive partnership with Funding Pips ensures that the codes listed here provide the maximum available savings.

Company Background

Funding Pips, a relatively new player in the proprietary trading firm landscape, was founded in 2022. The firm's headquarters are located in the Bay View Tower, Business Bay, Dubai, UAE, a strategic location that positions it within a major financial hub. While only four years old, Funding Pips has quickly established itself as a firm offering traders the opportunity to access significant capital and earn substantial profits.

The company is led by CEO Khaled Ayesh. While specific details about his background and experience are not provided, his role as CEO signifies his responsibility for the overall direction and management of Funding Pips. His leadership is crucial in shaping the firm's strategies, ensuring its operational efficiency, and maintaining its reputation within the industry.

Funding Pips operates within the forex market, a highly liquid and dynamic environment that offers numerous trading opportunities. The firm's focus on forex reflects the popularity of this market among traders and its potential for generating profits. As a prop firm, Funding Pips provides traders with the capital and resources they need to trade forex, while also managing the associated risks.

The firm's website, https://www.fundingpips.com, serves as its primary online presence, providing information about its services, evaluation plans, trading rules, and other relevant details. The website is a crucial tool for attracting new traders and communicating with existing clients.

Funding Pips' Trustpilot rating of 4.5/5, although based on 0 reviews, suggests a positive initial impression among those who have interacted with the firm. However, the lack of a significant number of reviews means that this rating should be interpreted with caution. As the firm continues to operate and attract more traders, it will be important to monitor its Trustpilot rating and other online reviews to gain a more comprehensive understanding of its reputation.

The choice of Dubai as its headquarters provides Funding Pips with several advantages. Dubai is a major financial center in the Middle East, offering access to a diverse pool of talent and a favorable regulatory environment. The city's strategic location also makes it a convenient hub for traders from around the world.

Funding Pips' relatively short history means that it is still in the process of building its brand and establishing its position within the prop firm industry. However, its focus on providing traders with access to capital, a generous profit split, and a range of trading platforms suggests that it is well-positioned for future growth. The firm's success will depend on its ability to attract and retain talented traders, maintain a strong reputation, and adapt to the evolving needs of the market.

5% OFF

Save on Funding Pips Challenges

Get 5% OFF on Funding Pips →
Use code: d81f3890

Verified partner link. Discount applied at checkout.

How Funding Pips Works

Funding Pips operates on a model where traders must first pass an evaluation process to demonstrate their skills and risk management abilities before being granted access to a funded account. This evaluation process typically involves one or two phases, depending on the chosen plan, during which traders must meet specific profit targets while adhering to pre-defined risk parameters.

The evaluation process serves as a filter, ensuring that only skilled and disciplined traders are entrusted with the firm's capital. By requiring traders to meet specific performance criteria, Funding Pips can minimize its risk exposure and increase the likelihood of generating profits.

The specific steps involved in the evaluation process vary depending on the chosen plan. Some plans, such as the "Zero" plans, offer instant funding, eliminating the need for an evaluation phase. Other plans, such as the "One Step" and "Two Step" plans, require traders to pass one or two evaluation phases, respectively.

During each evaluation phase, traders are typically required to achieve a specific profit target without exceeding the daily loss limit or the maximum loss limit. The profit target represents the minimum amount of profit that traders must generate to pass the phase, while the daily loss limit and maximum loss limit represent the maximum amount of losses that traders can incur without failing the phase.

The daily loss limit is typically expressed as a percentage of the account balance and represents the maximum amount of losses that traders can incur in a single trading day. The maximum loss limit is also expressed as a percentage of the account balance and represents the maximum amount of total losses that traders can incur throughout the evaluation phase.

If traders successfully meet the profit target and adhere to the risk parameters during each evaluation phase, they will be granted access to a funded account. The size of the funded account will depend on the chosen plan.

Once traders are granted access to a funded account, they can begin trading and generating profits. The profit split represents the percentage of profits that traders are entitled to retain. Funding Pips offers a profit split of up to 100%, meaning that traders can retain all the profits they generate.

Traders are typically required to adhere to specific trading rules and risk management guidelines while trading on a funded account. These rules and guidelines are designed to protect the firm's capital and ensure that traders are trading responsibly.

The minimum trading days requirement specifies the minimum number of days that traders must trade before being eligible to receive a payout. This requirement is designed to encourage traders to trade consistently and demonstrate their long-term profitability.

Funding Pips does not offer a fee refund for its evaluation plans. This means that traders who fail the evaluation process will not receive a refund of the fees they paid to participate.

The evaluation process is a crucial component of Funding Pips' business model. It allows the firm to identify and select skilled traders who are capable of generating profits while managing risk effectively. By requiring traders to pass an evaluation process, Funding Pips can minimize its risk exposure and increase the likelihood of achieving long-term success.

Challenge Options and Pricing

Funding Pips offers a variety of challenge options, catering to different risk appetites and capital requirements. These challenges vary in account size, price, evaluation steps, profit targets, and risk parameters. Here's a detailed breakdown of each challenge:

Challenge NameAccount SizePriceEvaluation StepsPhase 1 TargetPhase 2 TargetDaily LossMax LossProfit Split
Zero $5K$5,000$69.0Instant0.0%N/A%3.0%5.0%95.0%
One Step $5K$5,000$59.01-step0.0%N/A%3.0%6.0%80.0%
Two Step $5K$5,000$36.02-step0.0%N/A%5.0%10.0%80.0%
Pro $5K$5,000$29.02-step0.0%N/A%3.0%6.0%80.0%
Zero $10K$10,000$99.0Instant0.0%N/A%3.0%5.0%95.0%
One Step $10K$10,000$99.01-step0.0%N/A%3.0%6.0%80.0%
Two Step $10K$10,000$66.02-step0.0%N/A%5.0%10.0%80.0%
Pro $10K$10,000$55.02-step0.0%N/A%3.0%6.0%80.0%
Zero $25K$25,000$199.0Instant0.0%N/A%3.0%5.0%95.0%
One Step $25K$25,000$199.01-step0.0%N/A%3.0%6.0%80.0%
Two Step $25K$25,000$156.02-step0.0%N/A%5.0%10.0%80.0%
Pro $25K$25,000$109.02-step0.0%N/A%3.0%6.0%80.0%
Zero $50K$50,000$299.0Instant0.0%N/A%3.0%5.0%95.0%
One Step $50K$50,000$319.01-step0.0%N/A%3.0%6.0%80.0%
Two Step $50K$50,000$289.02-step0.0%N/A%5.0%10.0%80.0%
Pro $50K$50,000$219.02-step0.0%N/A%3.0%6.0%80.0%
Zero $100K$100,000$499.0Instant0.0%N/A%3.0%5.0%95.0%
One Step $100K$100,000$555.01-step0.0%N/A%3.0%6.0%80.0%
Two Step $100K$100,000$529.02-step0.0%N/A%5.0%10.0%80.0%
Pro $100K$100,000$399.02-step0.0%N/A%3.0%6.0%80.0%
Challenge Types Explained:
  • Zero: These challenges offer instant funding, meaning traders can start trading with a live account immediately after purchasing the challenge. They have a higher profit split of 95.0% but also a stricter maximum loss limit of 5.0%. The daily loss limit is 3.0%.
  • One Step: These challenges require traders to pass one evaluation phase before being granted access to a funded account. They offer a profit split of 80.0%, a daily loss limit of 3.0%, and a maximum loss limit of 6.0%.
  • Two Step: These challenges require traders to pass two evaluation phases before being granted access to a funded account. They offer a profit split of 80.0%, a higher daily loss limit of 5.0%, and a maximum loss limit of 10.0%.
  • Pro: These challenges also require traders to pass two evaluation phases. They offer a profit split of 80.0%, a daily loss limit of 3.0%, and a maximum loss limit of 6.0%. They are generally priced lower than the "Two Step" challenges.
Account Size and Pricing:

Funding Pips offers account sizes ranging from $5,000 to $100,000. The price of each challenge varies depending on the account size and the number of evaluation steps required. Generally, challenges with larger account sizes and fewer evaluation steps are more expensive.

For example, the "Zero $5K" challenge, which offers instant funding with a $5,000 account, costs $69.0. In contrast, the "Two Step $5K" challenge, which requires two evaluation phases with a $5,000 account, costs $36.0.

Risk Parameters:

The daily loss limit and maximum loss limit are important risk parameters that traders must consider when choosing a challenge. The daily loss limit restricts the amount of losses that traders can incur in a single trading day, while the maximum loss limit restricts the total amount of losses that traders can incur throughout the evaluation process.

Challenges with stricter risk parameters, such as the "Zero" challenges, may be more suitable for experienced traders who are confident in their ability to manage risk effectively. Challenges with more lenient risk parameters, such as the "Two Step" challenges, may be more suitable for less experienced traders who are still developing their risk management skills.

Profit Split:

The profit split represents the percentage of profits that traders are entitled to retain once they are granted access to a funded account. Funding Pips offers a profit split of up to 95.0% on its "Zero" challenges and 80.0% on its "One Step," "Two Step," and "Pro" challenges.

The profit split is an important factor to consider when choosing a challenge, as it directly impacts the amount of profits that traders can earn. Challenges with higher profit splits may be more attractive to traders who are seeking to maximize their earnings potential.

Choosing the Right Challenge:

The best challenge option for each trader will depend on their individual goals, risk tolerance, and trading experience. Traders should carefully consider the account size, price, evaluation steps, risk parameters, and profit split of each challenge before making a decision.

For example, a trader who is new to prop firms and has a limited budget may choose the "Two Step $5K" challenge, which offers a lower price and more lenient risk parameters. A more experienced trader who is confident in their ability to manage risk may choose the "Zero $100K" challenge, which offers a larger account size and a higher profit split.

Trading Rules and Risk Management

Funding Pips, like all prop firms, has specific trading rules and risk management guidelines that traders must adhere to during both the evaluation phase and when trading with a funded account. These rules are in place to protect the firm's capital and ensure responsible trading practices. Understanding and following these rules is crucial for success with Funding Pips.

Daily Loss Limit:

The daily loss limit is a critical risk management tool that restricts the amount of losses a trader can incur in a single trading day. This limit is expressed as a percentage of the initial account balance. Exceeding the daily loss limit will result in the termination of the evaluation or the funded account.

The daily loss limit varies depending on the chosen challenge:

  • 3.0% Daily Loss Limit: Applies to the "Zero," "One Step," and "Pro" challenges. This means that if a trader's losses in a single day exceed 3.0% of the initial account balance, the account will be terminated.
  • 5.0% Daily Loss Limit: Applies to the "Two Step" challenges. This allows for slightly more flexibility in daily trading but still requires careful risk management.
Maximum Loss:

The maximum loss, also known as the maximum drawdown, represents the total amount of losses a trader can incur on the account. Exceeding this limit will also result in the termination of the evaluation or the funded account.

The maximum loss also varies depending on the chosen challenge:

  • 5.0% Maximum Loss: Applies to the "Zero" challenges. This is the most restrictive maximum loss, requiring very tight risk control.
  • 6.0% Maximum Loss: Applies to the "One Step" and "Pro" challenges. This offers a slightly larger buffer than the "Zero" challenges.
  • 10.0% Maximum Loss: Applies to the "Two Step" challenges. This is the most lenient maximum loss, providing the most flexibility for trading strategies.
Drawdown Type: Static

Funding Pips utilizes a static drawdown. This means the drawdown is calculated based on the initial balance of the account, not the peak balance. This is a crucial distinction. With a static drawdown, the maximum loss remains fixed, regardless of how much profit the trader makes.

For example, if a trader starts with a $10,000 account and has a 10.0% maximum loss ($1,000), the account will be terminated if the balance drops below $9,000, even if the trader had previously reached a peak balance of $12,000. This type of drawdown requires careful risk management, as even profitable traders can be vulnerable to violating the maximum loss rule during losing streaks.

Minimum Trading Days:

Funding Pips requires a minimum of 7 trading days. This means that traders must execute trades on at least 7 separate days before being eligible for a payout. This rule is designed to encourage consistent trading activity and prevent traders from simply making a few quick trades to meet the profit target.

Allowed and Disallowed Trading Strategies (See dedicated section for more details):

Funding Pips allows a wide range of trading strategies, including scalping, the use of trading bots/EAs, news trading, and hedging. However, weekend holding, copy trading, and high-frequency trading (HFT) are not permitted.

Importance of Risk Management:

Adhering to these trading rules and risk management guidelines is essential for success with Funding Pips. Traders must develop and implement a robust risk management strategy that takes into account the daily loss limit, maximum loss, and static drawdown. This strategy should include setting appropriate stop-loss orders, managing position sizes, and avoiding over-leveraging.

Failing to manage risk effectively can quickly lead to the termination of the evaluation or the funded account. By prioritizing risk management, traders can increase their chances of passing the evaluation, accessing a funded account, and generating consistent profits.

Profit Split and Payouts

Funding Pips offers a compelling profit split structure, particularly with its "Zero" challenges, and provides various payout methods to cater to traders' preferences. Understanding the specifics of the profit split, payout frequency, methods, and first payout timeline is crucial for traders considering Funding Pips.

Profit Split Percentage:

Funding Pips offers two different profit split percentages, depending on the chosen challenge:

  • 95.0% Profit Split: This generous profit split is offered on the "Zero" challenges. This means that traders retain 95% of the profits they generate on their funded accounts, with Funding Pips receiving the remaining 5%. This is a highly attractive option for traders seeking to maximize their earnings potential.
  • 80.0% Profit Split: This profit split is offered on the "One Step," "Two Step," and "Pro" challenges. While lower than the 95% split, it is still a competitive offering in the prop firm industry. Traders retain 80% of the profits they generate, with Funding Pips receiving the remaining 20%.
Payout Frequency:

The data provided does not specify the payout frequency. This is a crucial piece of information that potential traders would need to clarify with Funding Pips directly. Without this information, it's impossible to determine how often traders can expect to receive their profits.

Payout Methods:

Funding Pips offers a variety of payout methods to accommodate traders from different regions and with different preferences:

  • Crypto (USDT): This is a popular option for traders who prefer the speed and security of cryptocurrency transactions. USDT (Tether) is a stablecoin pegged to the US dollar, providing a stable value for payouts.
  • Rise: The data does not specify what "Rise" refers to. Potential traders would need to clarify this payout method with Funding Pips directly.
  • Bank Transfer: This is a traditional payout method that allows traders to receive their profits directly into their bank accounts.
  • Visa Direct: This allows for payouts directly to a Visa debit or credit card.
First Payout Timeline:

The data provided does not specify the number of days for the first payout. This is another crucial piece of information that potential traders would need to clarify with Funding Pips directly. Without this information, it's impossible to determine how long traders must wait before receiving their first payout after becoming funded.

Key Considerations:
  • Payout Frequency: The lack of information on payout frequency is a significant gap in the data. Traders should inquire about this before committing to Funding Pips. Common payout frequencies in the prop firm industry include bi-weekly, monthly, or on-demand.
  • First Payout Timeline: Similarly, the missing information on the first payout timeline is crucial. Traders need to know how long they must wait before receiving their initial profits.
  • Payout Fees: The data does not mention any payout fees. Traders should inquire about any fees associated with each payout method to accurately assess their net earnings.
  • Minimum Payout Amount: The data does not specify if there is a minimum payout amount. Traders should inquire about this to ensure they can withdraw their profits regularly.
  • "Rise" Payout Method: Clarification is needed on what the "Rise" payout method entails.

Understanding the profit split and payout structure is essential for traders to evaluate the overall profitability and suitability of Funding Pips. The generous profit splits, particularly on the "Zero" challenges, are a significant draw. However, the lack of information on payout frequency and the first payout timeline necessitates further investigation before making a decision.

Trading Platforms and Tools

Funding Pips offers traders a choice of three popular trading platforms: MatchTrader, cTrader, and TradeLocker. Each platform provides a unique set of features and tools, catering to different trading styles and preferences. The data does not specify which broker Funding Pips uses.

MatchTrader:

MatchTrader is a relatively new platform that has gained popularity for its user-friendly interface and advanced trading tools. While specific details about MatchTrader's features are not provided in the data, it is generally known for:

  • Intuitive Interface: MatchTrader is designed to be easy to use, even for novice traders. Its clean and uncluttered interface makes it easy to navigate and find the tools you need.
  • Advanced Charting: MatchTrader offers a range of charting tools and technical indicators to help traders analyze market trends and identify potential trading opportunities.
  • Order Management: MatchTrader provides a variety of order types, including market orders, limit orders, and stop-loss orders, allowing traders to manage their positions effectively.
  • Mobile Trading: MatchTrader is available on mobile devices, allowing traders to monitor their positions and execute trades on the go.
cTrader:

cTrader is a popular platform among experienced traders due to its depth of market analysis tools and order execution capabilities. While specific details about cTrader's features are not provided in the data, it is generally known for:

  • Level II Pricing: cTrader provides access to Level II pricing, which shows the depth of the market and allows traders to see the buy and sell orders at different price levels.
  • Advanced Order Types: cTrader offers a variety of advanced order types, such as VWAP orders and TWAP orders, which allow traders to execute large orders without significantly impacting the market price.
  • Charting Tools: cTrader provides a comprehensive suite of charting tools and technical indicators, allowing traders to conduct in-depth market analysis.
  • Automated Trading: cTrader supports automated trading through its cAlgo platform, allowing traders to develop and execute their own trading robots.
TradeLocker:

TradeLocker is a platform designed with social trading in mind, offering features that allow traders to connect and share strategies. While specific details about TradeLocker's features are not provided in the data, it is generally known for:

  • Social Trading Features: TradeLocker allows traders to follow and copy the trades of other successful traders.
  • Community Features: TradeLocker provides a platform for traders to connect and share ideas.
  • User-Friendly Interface: TradeLocker is designed to be easy to use, even for novice traders.
  • Mobile Trading: TradeLocker is available on mobile devices, allowing traders to monitor their positions and execute trades on the go.
Broker Relationship:

The data indicates that Funding Pips does not specify a broker. This is a significant omission. Traders need to know which broker is used to execute trades, as this can impact trading conditions, such as spreads, commissions, and execution speed. The choice of broker also affects the security of funds.

Choosing the Right Platform:

The best trading platform for each trader will depend on their individual trading style, experience level, and preferences.

  • MatchTrader: May be a good choice for traders who are looking for a user-friendly platform with a range of essential trading tools.
  • cTrader: May be a good choice for experienced traders who require advanced charting tools, order types, and depth of market analysis.
  • TradeLocker: May be a good choice for traders who are interested in social trading and connecting with other traders.

Traders should consider the features and tools offered by each platform, as well as their own trading needs, before making a decision. It is also important to consider the broker used by Funding Pips, as this can impact trading conditions and the security of funds.

Allowed Trading Strategies

Funding Pips permits a wide range of trading strategies, providing traders with the flexibility to implement their preferred methods. However, certain strategies are explicitly prohibited. Understanding these allowances and restrictions is crucial for traders to avoid violating the firm's rules.

Allowed Strategies:
  • Scalping: Scalping is a trading strategy that involves making numerous small profits on minor price changes. Scalpers typically hold positions for very short periods, often just a few seconds or minutes. Funding Pips explicitly allows scalping, making it suitable for traders who prefer this fast-paced style.
  • Trading Bots/EAs (Expert Advisors): Trading bots, also known as Expert Advisors (EAs), are automated trading programs that can execute trades based on pre-defined rules. Funding Pips allows the use of trading bots/EAs, enabling traders to automate their strategies and potentially improve their efficiency. However, it is crucial to ensure that the bots used comply with all other trading rules, such as the daily loss limit and maximum loss.
  • News Trading: News trading involves taking positions based on economic news releases and other market-moving events. Funding Pips allows news trading, providing traders with the opportunity to capitalize on the volatility that often accompanies these events. However, traders should be aware of the increased risk associated with news trading and manage their positions accordingly.
  • Hedging: Hedging is a risk management strategy that involves taking offsetting positions in related assets to reduce potential losses. Funding Pips allows hedging, providing traders with a tool to protect their capital in uncertain market conditions.
Disallowed Strategies:
  • Weekend Holding: Weekend holding refers to holding positions open over the weekend. Funding Pips explicitly prohibits weekend holding. This restriction is likely in place to mitigate the risk of unexpected market gaps or news events that can occur over the weekend when markets are closed. Traders must close all positions before the market closes on Friday.
  • Copy Trading: Copy trading involves automatically copying the trades of another trader. Funding Pips prohibits copy trading. This restriction is likely in place to ensure that traders are making their own trading decisions and are not simply relying on the strategies of others.
  • HFT (High-Frequency Trading): High-frequency trading (HFT) involves using sophisticated algorithms and high-speed connections to execute a large number of orders in a very short period. Funding Pips prohibits HFT. This restriction is likely in place because HFT can be disruptive to the market and may not be compatible with the firm's risk management policies.
Key Considerations:
  • Compliance with Rules: It is the trader's responsibility to ensure that their trading strategies comply with all of Funding Pips' trading rules, including the daily loss limit, maximum loss, and restrictions on weekend holding, copy trading, and HFT.
  • Risk Management: Regardless of the trading strategy employed, effective risk management is crucial for success with Funding Pips. Traders should use stop-loss orders, manage position sizes, and avoid over-leveraging to protect their capital.
  • EAs and Bots: While Funding Pips allows the use of EAs and bots, traders should carefully test and monitor their performance to ensure that they are functioning as intended and are not violating any trading rules.

The wide range of allowed trading strategies provides traders with the flexibility to implement their preferred methods. However, it is essential to understand and adhere to the restrictions on weekend holding, copy trading, and HFT. By complying with these rules and practicing effective risk management, traders can increase their chances of success with Funding Pips.

Scaling Program

The data indicates that Funding Pips does not offer a scaling program. This means that traders are not automatically granted access to larger account sizes based on their performance. While the absence of a formal scaling program may be a disadvantage for some traders, it does not preclude the possibility of requesting a larger account size based on consistent profitability and responsible risk management.

Without a scaling program, traders who wish to increase their capital allocation may need to:

1. Consistently Demonstrate Profitability: Traders should focus on generating consistent profits over a sustained period. This demonstrates their ability to manage risk and generate returns.

2. Maintain Responsible Risk Management: Adhering to the daily loss limit, maximum loss, and other risk management guidelines is crucial. This shows that the trader is responsible and can handle larger capital allocations.

3. Contact Funding Pips Directly: Traders can contact Funding Pips directly to inquire about the possibility of increasing their account size. They should present their trading performance and risk management track record to support their request.

While there is no guarantee that Funding Pips will grant a larger account size, demonstrating consistent profitability and responsible risk management will significantly increase the chances of a positive outcome.

The absence of a scaling program may be a drawback for traders who are seeking rapid growth. However, it also emphasizes the importance of consistent performance and responsible risk management, which are essential for long-term success in trading.

Who Should Choose Funding Pips?

Based on the available data, Funding Pips is best suited for experienced forex traders who:

  • Seek High Profit Splits: The 95.0% profit split offered on the "Zero" challenges is a major draw for traders looking to maximize their earnings potential. Even the 80.0% profit split on other challenges is competitive.
  • Are Comfortable with Static Drawdown: The static drawdown structure requires disciplined risk management. Traders who are comfortable managing their risk based on the initial account balance, rather than the peak balance, will be better suited to Funding Pips.
  • Utilize Allowed Trading Strategies: Traders who employ strategies such as scalping, trading bots/EAs, news trading, and hedging will find Funding Pips to be a suitable platform. However, those who rely on weekend holding, copy trading, or HFT will need to adjust their strategies.
  • Can Trade Without Weekend Holding: The prohibition of weekend holding is a significant restriction for some traders. Those who prefer to close all positions before the weekend will not be affected by this rule.
  • Are Not US-Based: The data explicitly states that US traders are not accepted. Therefore, Funding Pips is primarily targeted towards non-US traders.
  • Desire a Choice of Trading Platforms: The availability of MatchTrader, cTrader, and TradeLocker provides traders with a choice of platforms to suit their individual preferences.
  • Can Meet the Minimum Trading Days Requirement: The requirement to trade for a minimum of 7 days is easily achievable for most active traders.
  • Are Not Reliant on a Scaling Program: The absence of a scaling program means that traders who are seeking rapid account growth may need to explore other options.
  • Value Multiple Payment and Payout Methods: The availability of Credit Card, Crypto, Bank Transfer, Skrill, Neteller, Google Pay, and Apple Pay for payments, and Crypto (USDT), Rise, Bank Transfer, and Visa Direct for payouts, provides flexibility and convenience.

In summary, Funding Pips is a suitable option for experienced, non-US forex traders who are comfortable with static drawdown, utilize allowed trading strategies, and seek a high profit split. They should also be aware of the lack of a scaling program and the prohibition of weekend holding.

Pros and Cons

Based solely on the provided data, here's an honest assessment of the pros and cons of Funding Pips:

Pros:
  • High Profit Split: The 95.0% profit split on "Zero" challenges is exceptionally generous and a major selling point. The 80.0% on other challenges is still competitive.
  • Multiple Account Sizes: Offers a range of account sizes from $5,000 to $100,000, catering to different risk appetites and experience levels.
  • Choice of Trading Platforms: Supports MatchTrader, cTrader, and TradeLocker, providing traders with flexibility in their platform selection.
  • Allowed Trading Strategies: Permits scalping, trading bots/EAs, news trading, and hedging, allowing traders to implement a wide range of strategies.
  • Multiple Payment and Payout Methods: Offers a variety of payment and payout methods, including Credit Card, Crypto, Bank Transfer, Skrill, Neteller, Google Pay, Apple Pay, Crypto (USDT), Rise, Bank Transfer, and Visa Direct, providing convenience and accessibility.
  • Relatively Low Starting Price: Evaluation plans start from $29, making it accessible to traders with limited capital.
  • Instant Funding Option: The "Zero" challenges offer instant funding, allowing traders to start trading immediately.
  • Relatively New Firm: Being founded in 2022, it's a relatively new firm, potentially offering fresh perspectives and approaches.
Cons:
  • Static Drawdown: The static drawdown structure can be challenging for some traders, requiring careful risk management.
  • No Weekend Holding: The prohibition of weekend holding may limit the flexibility of some trading strategies.
  • No Copy Trading: Copy trading is not allowed, restricting traders who prefer this approach.
  • No HFT: High-frequency trading is prohibited, limiting traders who rely on this strategy.
  • No US Traders Accepted: Excludes a significant portion of the potential trader base.
  • No Free Trial: The absence of a free trial makes it difficult for traders to test the platform and services before committing financially.
  • No Scaling Program: The lack of a scaling program may limit the potential for rapid account growth.
  • Limited Trustpilot Reviews: The Trustpilot rating of 4.5/5 is based on 0 reviews, making it difficult to assess the firm's reputation accurately.
  • Missing Information: