Funding Pips Review
What is Funding Pips?
Funding Pips stands out as a relatively recent entrant in the trading industry, and what truly sets them apart is their commitment to traders’ success. They don’t merely offer advanced trading tools and capital; they go the extra mile by providing comprehensive support to nurture traders’ educational and mindset growth. This distinctive approach not only positions them as a rising leader in the field but also underscores their dedication to helping traders thrive in the complex world of trading.
Headquarters & Offices locations
The company is based in Dubai, UAE. Their office address is IFZA Business Park, Premises NO. 19448-001, Dubai, United Arab
Who is the CEO of Funding Pips?
Khaled Ayesh is the CEO of Funding Pips. We will be adding detailed info about Mr. Khaled Ayesh soon.
Funding options offered by Funding Pips
Currently Funding Pips offers only 1 type of evaluation challenge. In this Funding Pips Review we will talk in dept about the products offers by the company.
Funding Pips Challenge
Funding Pips Challenge Basic Info:
Funding Pips evaluation program account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. In order to proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. In order to proceed to funded status, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have a minimum withdrawal amount of 1% of the initial account balance. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 5 calendar days from the day you place your first position on your funded account, while all the following payouts are also on a 5 day basis. Your profit split will be 80% up to 90% based on the profit you make on your funded account.
Scaling Plan offered by Funding Pips
They will increase your managed capital based on your initial funded capital after each month as a Funded trader.
- After the first month and 4 payouts, it will be a 10% increase based on the initial balance.
- After the second month and 8 payouts, it will increase by 15% based on the initial balance.
- After the third month and 12 payouts, it will increase by 20% based on the initial balance.
- After 4 months and 16 payouts as a Funded trader, you receive a Hot Seat in the firm with on-demand payouts, a 90% profit split, and up to $2M. The trading conditions will be customized to fit the trader’s individual needs and align with their specific trading strategy.
To request a scale up, the trader’s account balance should be positive, and a trader achieved a minimum of 8% profit while maintaining a minimal max and daily DD in the previous trading month.
What makes Funding Pips different from other prop firms?
Funding Pips offers some really nice feature like:
- The best prices in the industry – Currently Funding Pips offers the best prices in the industry.
- Profit split – 80% profit split with chance to be increased up to 90%
- 5 days payout – Yep, that’s right you can request a payout on every 5 days.
- Unlimited trading days – WithFunding Pips it can take you as much time as you like in order to pass the challenge.
- Impressive scaling plan – You can scale up, up to $2,000,000 which will also unlock payouts on demand and a Hot seat in the company
- They actually do own their tech – Funding Pips is one of the few companies which actually own their tech. That said, they are not using white label solutions which sometimes can take significant portion of company’s profits. We believe, this is really important to point out since in the future such companies will have healthier profit margins and it’s highly likely to be on top of the industry.
Funding Pips UI and UX
Funding Pips UI
Funding Pips has a user interface that is modern and clean. The website is well organized and informative. The brand bets heavily on darker colors which is really visible from their own website. Anything than that you can find pretty much everything you might need on their website. This includes, challenges information, FAQ section, contact form and a of course The Funding Pips trading hub from which you can buy challenges and access all you valuable trading data.
The Funding Pips Dashboard stands out as a valuable tool in the prop trading industry, offering traders a wealth of detailed information at their fingertips. This platform is so informative, that it can be said it actually rivals paid journaling applications, providing traders with extensive insights into their positions and activities.
Funding Pips Dashboard does not only serve as a hub for tracking and analyzing trading performance, but it also offers additional features. Traders can engage in monthly competitions to showcase their skills and potentially earn rewards. Moreover, they have the opportunity to become part of the Funding Pips affiliate program, which can be a source of additional income for them.
In addition to these features, the Funding Pips Dashboard functions as the central point where traders can conveniently request their payouts. This multifaceted platform caters to the diverse needs of traders, making it a comprehensive resource for those in search of excellence.
Funding Pips Trading Instruments and Fees
Funding Pips uses BlackBull Markets as its broker.
BlackBull Markets aims to deliver an exceptional trading experience to its clients by utilizing cutting-edge trading technology and offering exceptional customer service. Their goal is to grant clients access to a wide range of markets, allowing them to diversify their portfolios beyond the limitations of traditional investment platforms.
Currently Funding Pips utilize only Meta Trader 5 as their trading software.
Navigating the intricate world of trading demands more than just a strategy—it requires a platform that safeguards your aspirations and empowers your growth. Funding Pips shines as a beacon of authenticity, offering a transformative journey rooted in trust, integrity, and progress.
At its core, Funding Pips ushers traders into a realm of possibility through its innovative evaluation program. This two-phase process, marked by sensible profit targets and balanced loss limits, cultivates traders from novices to masters. As you venture into the funded phase, the platform embraces diversity, offering forex, commodities, indices, and cryptocurrencies within its proprietary trading platform. This diversity fuels strategies, amplifying the potential for success.
Yet, Funding Pips isn’t merely a platform—it’s a philosophy of responsible trading. Rigorous adherence to trading rules and loss limits keeps risks in check, ensuring growth without undue exposure. This ethos, fortified by transparency and a vigilant scam detector, speaks volumes about Funding Pips’ commitment to your journey’s security.
Embedded in Funding Pips’ DNA is a robust support system. Its thriving social media community is a testament to shared experiences and insights. Through YouTube and Discord, traders access expert guidance, learn from success stories, and create connections that amplify their journeys.
In a landscape often riddled with empty promises and scams, Funding Pips walks a different path. Its authentic approach to capitalization and trading is a refreshing departure from industry norms. By transcending unrealistic profit targets and emphasising sound risk management, Funding Pips crystallises its dedication to your success.
As you tread through every trade, every profit, and every milestone, remember that Funding Pips is more than a platform—it’s a partnership for growth. The story continues with every trade executed, propelling you closer to mastery and profitability. Dive into the realm of Funding Pips, a realm where your potential finds its ultimate expression in the world of trading.