Pros
- Excellent Trustpilot rating of 4.8/5
- Professional Trader Dashboard
- A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
- Leverage up to 1:100
- No Minimum & Maximum Trading Day Requirements
- Scaling Plan
- Scaleable Daily & Maximum Drawdown
- Payouts on a 5 Day Basis
- Maximum Drawdown Scaling up to 14%
- Maximum Daily Drawdown Scaling up to 7%
- First Payout After 5 Days
- 5 Calendar Day Payout Cycle
- Profit Share of 80% up to 90%
- Overnight & Weekend Holding Allowed
- News Trading Allowed (During Evaluation)
- Affordable Evaluation Program Prices
Cons
- Evaluation Program has Equity-based Drawdown
- Withdrawal Requirement of 1%
- Hedging is Prohibited
Funding Pips believes that traders progress through three key stages in their professional journey. To evaluate trading talents and provide support in overcoming funding challenges, they have developed a two-phase evaluation followed by a funded phase, where traders will become eligible to significant capital.
Who are Funding Pips?
Funding Pips is a private trading company with the official name ANKH PROP – FZCO, founded on August 25, 2022. The company is based in Dubai, United Arab Emirates and is led by CEO Khalid Aish. Funding Pips offers traders the opportunity to choose from a single his two-tier valuation while working with BlackBull Markets as a broker.
Funding Pips’ head office is located at his IFZA Business Park, Dubai, United Arab Emirates, lot number 19448-001.
Who is the CEO of Funding Pips?
Khaled Ayesh is the CEO of Funding Pips. Note that we will be adding further information about their CEO in the future. Stay tuned!
Video Review:
Funding program options
Funding Pips provides traders with a single Funding program option.
Evaluation program accounts
Funding Pips rating program provides traders with the ability to manage account sizes ranging from $5,000 to $100,000. The objective is to identify talented traders who can make profits and manage risk efficiently during the two-stage evaluation period. The evaluation program allows you to trade with leverage up to 1:100.
Account Size
Price
$5,000
$32
$10,000
$60
$25,000
$139
$50,000
$239
$100,000
$399
Evaluation phase one requires a dealer to reach a profit target of 8 while not surpassing their 5 outside diurnal loss or 10 maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day conditions during phase one. To do to phase two, you’re only needed to reach the 8 profit target without violating the maximum diurnal or maximum loss limit rules.
Evaluation phase two requires a dealer to reach a profit target of 5 while not surpassing their 5 outside diurnal loss or 10 maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day conditions during phase two. To do to funded status, you’re only needed to reach the 5 profit target without violating the maximum diurnal or maximum loss limit rules.
By completing both evaluation phases, you’re awarded a funded account where you have a minimal pullout quantum of 1 of the original account balance. You’re only needed to admire the 5 outside diurnal loss and 10 maximum loss rules. Your first payout is 5 timetable days from the day you place your first position on your funded account, while all the following payouts are also on a 5- day base. Your profit split will be 80 up to 90 grounded on the profit you make on your funded account.
Evaluation Program Scaling Plan
Account Size
Monthly Bonus (Hot Seat Status)
$5,000
$100
$10,000
$200
$25,000
$300
$50,000
$400
$100,000
$500
“Trading Guidelines for the Evaluation Program
Profit Targets: Traders must meet specified profit percentages to successfully complete evaluation phases, withdraw earnings, or upscale their trading accounts. Phase 1 requires achieving an 8% profit target, while Phase 2 demands reaching a 5% profit target. Funded accounts entail a 1% withdrawal requirement.
Maximum Daily Loss: This represents the highest permissible loss a trader can incur within a single trading day without compromising the account. All account sizes maintain a maximum daily loss cap of 5%, adjustable up to 7% as the account scales.
Maximum Aggregate Loss: Traders must adhere to a maximum allowable overall loss without compromising the account. All account sizes have a maximum loss ceiling of 10%, adaptable up to 14% as the account scales.
No Hedging: Traders are strictly forbidden from employing any hedging strategy during their trading activities.”
What Makes Funding Pips Different From Other Prop Firms?
Funding Pips distinguishes itself from prominent industry peers through several key elements. Primarily, it offers a singular account type coupled with a comprehensive two-step evaluation process. Moreover, it presents a range of advantageous features including drawdown scaling, an unrestricted trading period, absence of minimum trading day requisites, a scaling strategy governing daily and maximum drawdown, and competitive evaluation fees.
The Evaluation Program at Funding Pips entails a structured two-phase evaluation, necessitating traders to proficiently complete both phases to qualify for payouts. Phase one mandates an 8% profit target, while phase two requires achieving a 5% profit target, accompanied by adherence to a 5% maximum daily loss and a 10% maximum overall loss criteria. Notably, traders operate without any prescribed minimum or maximum trading day obligations throughout both evaluation phases.
Furthermore, the Evaluation Program introduces a distinctive scaling plan, enabling traders to oversee larger account sizes. In contrast to comparable funding programs in the industry, Funding Pips stands out prominently due to its unique offering of an indefinite trading period, absence of minimum trading day prerequisites, a delineated scaling strategy for daily and maximum drawdown, and a cost-effective structure for evaluation.”
Example of comparison between Funding Pips & Finotive Funding:
Trading Objectives
Funding Pips
Finotive Funding
Phase 1 Profit Target
8%
7.5%
Phase 2 Profit Target
5%
5%
Maximum Daily Loss
5% (Scaleable up to 7%)
5%
Maximum Loss
10% (Scaleable up to 14%)
10%
Minimum Trading Days
No Minimum Trading Days
75%
No Minimum Trading Days
Maximum Trading Period
Phase 1: Unlimited Phase 2: Unlimited
Profit Split
80% up to 90%
75% up to 95%
Example of comparison between Funding Pips & FundedNext:
Funding Pips
Funding Pips
FundedNext (Stellar)
FundedNext (Stellar)
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
5%
Maximum Daily Loss
5% (Scaleable up to 7%)
5%
Maximum Loss
10% (Scaleable up to 14%)
10%
Minimum Trading Days
No Minimum Trading Days
5 calendar days
Maximum Trading Period
Phase 1: Unlimited Phase 2: Unlimited
Phase 1: Unlimited Phase 2: Unlimited
Profit Split
80% up to 90%
80% up to 90%
Example of comparison between Funding Pips & E8 Funding:
Trading Objectives
Funding Pips
E8 Funding
Phase 1 Profit Target
8%
8%
Phase 2 Profit Target
5%
5%
Maximum Daily Loss
5% (Scaleable up to 7%)
5%
Maximum Loss
10% (Scaleable up to 14%)
8% (Scaleable up to 14%)
Minimum Trading Days
No Minimum Trading Days
No Minimum Trading Days
Maximum Trading Period
Phase 1: Unlimited Phase 2: Unlimited
Phase 1: Unlimited Phase 2: Unlimited
Profit Split
80% up to 90%
80%
“In summary, Funding Pips stands apart from other industry-leading proprietary firms by providing a singular account type and executing a structured two-step evaluation process. Moreover, it distinguishes itself by offering an array of advantageous features, including drawdown scaling, an unbounded trading period, absence of minimum trading day prerequisites, a comprehensive scaling strategy governing daily and maximum drawdown, and competitively priced evaluation packages.”
Is Getting Funding Pips Capital Realistic?
“Assessing the viability of trading requirements is paramount when evaluating proprietary trading firms aligned with your forex trading style. While a company may present an appealingly high percentage profit split on well-funded accounts, its practicality diminishes if demanding substantial monthly gains coupled with stringent maximum drawdown percentages, reducing the probability of success. Moreover, considering time constraints is crucial; an unlimited trading period offers an advantage by alleviating pressure associated with time-bound restrictions. Equally important is a thorough understanding of all trading rules during the evaluation process and subsequent funding stages to mitigate the inadvertent breach of trading account terms.
Accessing capital through the Evaluation Program at Funding Pips is realistic primarily due to its relatively moderate profit targets (8% in phase one, 5% in phase two) coupled with reasonable maximum loss regulations (5% maximum daily, scalable up to 7%, and 10% maximum loss, scalable up to 14%). Notably, the absence of minimum or maximum trading day requisites grants flexibility without temporal constraints, allowing swift funding acquisition or progression at one’s preferred trading pace. Furthermore, upon successful completion of both evaluation phases, participants become eligible for payouts featuring an advantageous profit split ranging from 80% to 90%.
Considering these aspects, Funding Pips stands as a highly recommended choice. Its singular funding program encompasses realistic trading objectives and conditions for qualifying for payouts.”
Payment Proof
“Funding Pips, a proprietary trading firm, was established on August 25, 2022. It boasts a substantial community of traders who have attained funded status and successfully qualified for profit splits.
Under the Evaluation Program at Funding Pips, upon achieving funded status, the initial payout becomes accessible upon reaching a 1% withdrawal target within a span of 5 calendar days. Following this initial payout, eligibility for subsequent payouts is contingent upon meeting the 1% withdrawal target every 5 calendar days. The profit split ranges generously from 80% to 90%, contingent upon the profits generated from your funded account.
For verifiable information about Funding Pips, multiple platforms provide insights. For instance, Trustpilot hosts trader reviews detailing their experiences with the company and the process of receiving payouts. Additionally, Funding Pips‘ YouTube and Discord channels showcase various trader interviews and payout certificates, spotlighting the achievements of successful traders.”
Funding Pips Traders Feedback
“Funding Pips boasts a diverse community actively engaging with positive feedback about their services. Impressively, the firm has garnered an outstanding rating of 4.8 out of 5, drawing from a substantial pool of 1,930 reviews. Remarkably, 90% of these reviews have granted Funding Pips the highest rating of 5 stars.”
Conclusion
In conclusion, Funding Pips stands as a reputable and reliable proprietary trading firm, offering traders the singular choice of the Evaluation Program—a meticulous two-step evaluation process.
The Evaluation Program at Funding Pips follows industry-standard practices, necessitating the completion of two phases to access a funded account and earn profit splits ranging from 80% to 90%. Achieving profit targets of 8% in phase one and 5% in phase two are realistic objectives, coupled with adherence to a 5% maximum daily loss and 10% maximum overall loss rules. Notably, traders operate without minimum or maximum trading day constraints in both evaluation phases, allowing for trading at a preferred pace devoid of time pressure. Additionally, the Evaluation Program features a scaling plan, enabling the augmentation of the initial account balance.
I highly recommend Funding Pips to individuals seeking a reputable proprietary trading firm offering exceptional trading conditions tailored to diverse trading styles. With unique offerings like drawdown scaling, an unrestricted trading period, absence of minimum trading day prerequisites, a comprehensive scaling strategy for daily and maximum drawdowns, and cost-effective evaluation fees, Funding Pips caters to traders worldwide and stands among the industry’s leading prop firms.
