Funding Pips Prop Firm

Overview of Funding Pips

Funding Pips is a proprietary trading firm designed to empower retail traders by providing access to capital and supporting trading ambitions. The firm prides itself on being trader-centric, offering competitive opportunities to help traders succeed in the forex and CFD markets.

Key Features of Funding Pips

Paragraph

• Hot Seat program - This is achieved if a person gets sixteen rewards with a combined profit of 40%.This will give a person on demand payouts ,100% profits ,up to 2 million capital ,monthly bonuses and  yout  account is doubled.
• Scaling plans  - If a trader proves to be skillful, scaling plans are available where your maximum drawdown, daily lot limit and initial capital can be increased. 
• Merging Master Accounts -The Master/Funded accounts can be combined into one account or you can keep it separately after passing the evaluation stage, it's up to your own preference. The Master accounts have to be from the same evaluation model to merge:

Trading Conditions at Funding Pips

These are some of the most important conditions you need to take  note of : 

• Maximum Daily Loss‍ Limit - The Maximum Daily Loss is the amount the trader is allowed to lose every day. For the purpose of this rule, the higher value between equity and balance will be used. This rule is set from  4%- 5% depending on the package you are on   based on starting equity or balance every day. The rule states that the equity of the day, which is the result of the currently floating PnL (Profit and Loss) in sum with all closed positions of that day, must not hit the Maximum Daily Loss Limit.
• Maximum Loss Limit - The Maximum Loss Limit is the amount the equity or balance can't go below. This rule is set to 6% - 10%  of the initial account size. For example, if the trader has a $100.000 account and the Maximum Loss Limit is 6%, the equity or balance can't go below $94.000 at any moment.
• Daily 10 lot limit rule (Master only and soft breach only) -  The lots limit per day rule means you can only open a total of number of  lots each day. If you go over this limit, any open trades will be closed, and you won't be able to trade until the next day. This limit resets at midnight CE(S)T
• Your Trading IP Adrress - The region of the IP address(es) used to access the Master account must remain consistent.If you travel you may need to inform Funding Pips

Funding Pips  Account Types and Requirements

Funding Pips has a wide variety of evaluation packages. The following are the packages and price ranges .You can view more about the packages buy clicking learn more.

Payout Structure of Funding Pips

Payout for 1 & 3 Step Models

T​he Payday: Tuesday Reward
A trader is eligible to request a reward every Tuesday. An 80% reward split will be applied.

Payout for 2 Step Model

Tuesday Payday with a 60% reward split
A trader is eligible to request a reward every Tuesday. A 60% reward split will be applied.Master accounts started on Monday can be requested on Tuesday (the next day).
​
​Bi-weekly reward with an 80% reward split
A trader can request a bi-weekly reward every 14 calendar days after the first executed trade on the Master account with an 80% reward split applied.
​
​Monthly with a 100% reward split
A trader can request a monthly reward every 30 calendar days after the first executed trade on the Master account with a 100% reward split applied.

Pros and Cons of Choosing Funding Pips 

This list of pros and cons is based on our use of Funding pips.

Pros 

• Affordable pricing
• Discounts when on account reset
• Flexible payout Schedules

Cons

• No instant Funding

How to Apply for Funding Pips Funding Programs

You can easily get an account by following the button below and go through their easy application program.

Trustpilot Review

This is what traders think of funding pips.

Is Funding Pips the Right Choice for You?

This is a good prop firm that you can use .You will never worry of payout problems with funding pips.