FundingPips
VerifiedStatic drawdown at a price nobody else matches
Trust score
Poor
MetaTrader 5
Match-Trader
TradeLocker
- Challenges from
- $36
- Max funding
- $100K
- Profit split
- 90%
- Max drawdown
- 10%
- Max leverage
- 1:100
- Payout cycle
- Every 2 weeks
We may earn a commission from this link. It never affects our rating.
Pros & cons
What we like
- Balance-based drawdown — profit does not tighten your loss limit
- 90% split as standard, 100% on the monthly reward cycle
- Roughly a third of FTMO's price for the same allocation
- News trading and weekend holding both allowed
- Four platforms including cTrader and Match-Trader
What to watch
- Founded in 2022 — a short record next to FTMO
- The 35% consistency threshold applies to on-demand payouts
- Top allocation of $100K before scaling is lower than most rivals
- The reward cycle is chosen once at signup and cannot be changed later
Targets & limits by challenge
| Challenge | Profit target | Daily drawdown | Max drawdown |
|---|---|---|---|
| 2-Step Evaluation 2-Step | 8% / 5% | 5% | 10% |
Challenges & pricing
2-Step Evaluation Most popular
2-Step Evaluation · 90% split · 10% max drawdown
| Account size | Price | Cost per $1K | Phase 1 target | Phase 2 target | Daily drawdown | Max drawdown |
|---|---|---|---|---|---|---|
| $5K | $36 | $7.20 | 8% | 5% | 5% | 10% |
| $10K | $66 | $6.60 | 8% | 5% | 5% | 10% |
| $25K | $158 | $6.32 | 8% | 5% | 5% | 10% |
| $50K | $278 | $5.56 | 8% | 5% | 5% | 10% |
| $100K | $529 | $5.29 | 8% | 5% | 5% | 10% |
“Cost per $1K” is the evaluation fee divided by buying power — the only fair way to compare challenge prices across different account sizes.
What's allowed
Expert advisors (EAs)
Automated strategies and bots
High-frequency trading
Scalping and latency-sensitive strategies
Copy trading
Mirroring trades across accounts
News trading
Holding through high-impact releases
Weekend holding
Carrying positions over the weekend
Martingale
Adding to a losing position to recover it
Crypto instruments
Trading crypto pairs
What the account comes with
Consistency rule
Caps how much of your profit may come from a single day
Refundable fee
Evaluation fee returned on first payout
Free retry
A second attempt at no cost if you breach
Scaling plan
Account grows as you stay profitable
Free trial
Try the platform before paying for an evaluation
Instruments and assets
Assets
The rules in full
The clauses that decide whether you keep the account. Quoted from FundingPips's own terms — check the current version before you trade.
7 rules here break the account
Breaking one of these fails the evaluation or voids a payout outright.
Risk & drawdown
-
The drawdown floor never moves
Maximum loss is measured from the starting balance for the life of the account. Profit does not raise the floor, which is the single biggest difference between this firm and a trailing-drawdown one.
-
Balance-based drawdown of 10%
Breaks the accountLoss limit trails closed balance rather than floating equity. Breaching it ends the account immediately, whether or not the position later recovers.
-
Daily loss limit of 5%
Breaks the accountMeasured from the balance at the daily reset. Floating losses on open positions count toward it the moment they occur, not when the trade is closed.
Trading style
-
News trading is permitted
You may hold through high-impact releases. Spreads widen and slippage counts toward your loss limits, so the risk is yours rather than the rule's.
-
Expert advisors are allowed
Automated strategies may be used, provided they do not exploit latency, pricing errors or the demo feed.
-
Positions may be held over the weekend
Weekend gaps count toward your drawdown in full. Swap charges apply from Wednesday.
Instruments
-
Crypto trades at reduced leverage of 1:2
Crypto is available outside market hours, but at a fraction of the leverage offered on FX and it is excluded from any news-trading exemption.
-
Maximum leverage of 1:100
This is the headline figure and applies to FX. Indices, commodities and crypto are each capped lower — see the instruments table for the class you trade.
Payouts
-
Your reward cycle is chosen once, at signup
Watch outWeekly pays 60%, on-demand 90%, monthly 100%. The choice is fixed to the account, so it is worth deciding how you will actually withdraw before you buy.
-
Payouts every 14 days
The cycle runs from your last approved request, not from the calendar month. A request made early resets the clock rather than bringing the next one forward.
-
First payout after 14 days
Watch outCounted from the day the funded account is issued. Completed KYC is required before the first request is released.
-
A rule breach voids the payout attached to it
Breaks the accountRequests are reviewed against the trading rules before release. A confirmed breach voids that payout, and repeat breaches close the account.
Account management
-
One funded account per trader
Breaks the accountAccounts linked by identity documents, payment method, IP address or trading pattern are treated as one. Undisclosed duplicates are closed and their profit forfeited.
-
The account may not be shared or managed by anyone else
Breaks the accountYou must trade the account yourself. Handing credentials to a third party, including an account manager, ends the arrangement.
Prohibited practices
-
Consistency rule applies to your profit
Watch outNo single trading day may account for an outsized share of your total profit. A day that breaches it does not necessarily fail the account, but the payout tied to it is held until reviewed.
-
High-frequency and latency arbitrage are prohibited
Breaks the accountStrategies that depend on execution speed, price-feed delay or tick scalping are treated as exploiting the platform rather than trading it.
-
Copy trading between accounts is not allowed
Breaks the accountMirroring trades across accounts, your own included, is grounds for closure of every linked account.
-
Martingale and grid strategies are prohibited
Watch outDoubling into a losing position, or layering a grid without a defined stop, counts as a prohibited risk strategy.
Instruments & conditions
Leverage and commission differ by asset class — the headline figure rarely applies to everything.
| Instrument | Max leverage | Typical spread | Commission |
|---|---|---|---|
| Forex | 1:100 | 0.2 pips | $7.00 / lot |
| Indices | 1:20 | 0.4 pips | Commission free |
| Crypto Trades around the clock, including weekends | 1:2 | 25 pips | 0.1% |
| Gold & metals | 1:50 | 0.25 pips | $5.00 / lot |
| Commodities | 1:20 | 0.3 pips | $3.50 / lot |
Not offered: Stocks, Futures
Restricted countries
FundingPips does not accept traders resident in these 9 countries. Check before you pay — a challenge fee is rarely refunded for this.
- Afghanistan
- Belarus
- Cuba
- Iran
- Myanmar
- North Korea
- Russia
- Syria
- Venezuela
Restrictions change without much notice and often depend on where you are resident rather than your nationality. Confirm with FundingPips directly if you are close to the line.
About FundingPips
Leadership
Khaled Ayesh
Founder & CEO
Founded FundingPips in Dubai in 2022 and still runs it. Built the firm around balance-based drawdown at a time when most of the market was moving toward trailing limits.
A named, findable person is one of the few cheap signals that a firm is a real company.
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