FundingPips
FundingPips has emerged as one of the fastest-growing prop trading firms, offering funded trading accounts from $5,000 to $2,000,000 via its scaling plan. With its evaluation programs, 60-100% profit splits depending on program and payout frequency, and unique perks like weekend trading, it’s gained a large user base since its 2022 launch. But is it the best prop firm for forex and crypto traders? This in-depth review covers everything you need to know.
What Is FundingPips?
FundingPips is a Dubai-based proprietary trading firm that provides funded accounts to skilled traders. Unlike traditional brokers, prop firms like FundingPips give traders access to larger simulated capital in exchange for a profit share.
Key Features:
- ✔ Low-cost entry (from around $32 for a $5K evaluation account)
- ✔ MetaTrader 5 (MT5) support
- ✔ Scaling plan (up to $2M accounts)
- ✔ 60-100% profit splits depending on program
- ✔ Trades routed via regulated broker(s) such as BlackBull Markets
How FundingPips Works
1. Choose an Account Type
Select between Standard (manual trading) or Algo (automated trading) accounts.
2. Pass the Evaluation
Typical Two-Step Example: Phase 1: 8% profit target, 5% max daily loss; Phase 2: 5% profit target, same risk rules
No minimum/maximum time limits in most programs
3. Get Funded & Trade
Receive a funded account with payouts and profit splits of up to 100% depending on program.
4. Scale Your Account
Consistent traders can grow their account through the scaling plan to as much as $2 million.
FundingPips Account Types
| Account Type | Capital Size | Cost | Best For |
|---|---|---|---|
| Standard | $5K – $100K | $32 – $399 | Forex & crypto traders |
| Algo | $100K (up to $300K) | Custom pricing | Algorithmic traders |
Why Choose FundingPips? Key Benefits
- ✅ Flexible Trading Conditions: Trade during news events, hold overnight/weekends
- ✅ 1:100 Leverage: Higher market exposure for forex and crypto
- ✅ Frequent Payouts: Weekly or bi-weekly options in many programs
- ✅ No Time Limits: Pass evaluations at your own pace
- ✅ Positive Reputation: Strong Trustpilot reviews since 2022
FundingPips Risks & Drawbacks
Daily Loss Limits
Programs can have strict limits (e.g., 3–5% daily loss), which may be tighter than some competitors
Strategy Restrictions
Some programs may restrict certain strategies; traders should review rules for each program
Scaling Requires Consistency
Not automatic—must hit performance targets
FundingPips vs Other Prop Firms
| Feature | FundingPips | FTMO | Traddoo |
|---|---|---|---|
| Profit Split | 60-100% | 70-90% | 75-85% |
| Evaluation Fee | $32+ | $155+ | $99+ |
| Leverage | 1:100 | 1:100 | 1:30 |
| Weekend Holding | Allowed | Not allowed | Allowed |
| Payout Frequency | Weekly / Bi-weekly | Monthly | Bi-weekly |
Real-World FundingPips Case Studies
Case Study 1: Forex Trader (3 Months)
Starting Account: $25,000
Strategy: EUR/USD swing trading (3-4 trades/week)
Result: Scaled to $50,000 in 3 months, earned $12,000 in profit splits
Case Study 2: Crypto Trader (Failed Evaluation)
Mistake: Overtraded BTC during high volatility
Lesson: Stick to daily loss rules
How to Pass the FundingPips Evaluation
Proven Strategies:
- Risk Management: Never risk >1-2% per trade
- Trade Forex Majors: EUR/USD, GBP/USD (lower volatility)
- Avoid News FOMO: Don’t chase pumps without SL
- Use MT5 Indicators: RSI, MACD for entry/exit signals
Is FundingPips Legit? Final Verdict
👍 Pros: Low-cost entry, flexible rules, high potential profit splits, frequent payouts
👎 Cons: Strict daily loss limits in some programs
Best For: Disciplined forex/crypto traders who want affordable funding
Not For: High-frequency traders or those using restricted strategies
FAQ: FundingPips Review (People Also Ask)
1. Is FundingPips legit or a scam?
Legit. FundingPips has paid out millions since 2022 via regulated broker connections.
2. What’s the profit split?
60-100%, depending on program and payout frequency.
3. Can I trade crypto on FundingPips?
Yes—BTC, ETH, and other major cryptos are available.
4. How long does evaluation take?
No time limits in most programs. Some pass in 2 weeks; others take months.
5. Any FundingPips coupon codes?
Check their website for seasonal discounts.
Key Takeaways
Low-cost prop firm (from $32 for $5K account)
Evaluation programs with no time pressure in most cases
60-100% profit splits + frequent payouts
Best for forex/crypto traders using MT5
Not ideal for strategies restricted in program rules
