Funding Pips Review

Prop Firms
Discover how Funding Pips can elevate your trading career with substantial capital, unique evaluation programs, and up to 100% profit splits.
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July 5, 2024
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Funding Pips Overview

Funding Pips, a proprietary trading firm, operates under the legal name ANKH PROP – FZCO. Incorporated on August 25, 2022, and headquartered in Dubai, UAE, the firm is led by CEO Khaled Ayesh. Funding Pips offers three distinct evaluation programs to help traders qualify for significant capital.

Programs and Evaluation Stages

Funding Pips believes in a trader development journey through three key stages: Student, Practitioner, and Master. They offer three unique evaluation programs followed by a funded phase, where traders can access up to $100,000 in account sizes and receive up to 90% profit splits. Traders can engage with various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Program Options

Funding Pips provides three funding program options:

  1. Two-step Evaluation
  2. One-step Evaluation
  3. Three-step Evaluation

Two-step Evaluation

  • Account Sizes: $5,000 to $100,000
  • Leverage: Up to 1:100
  • Phase One: Achieve an 8% profit target without exceeding a 5% maximum daily loss or 10% maximum loss. No maximum trading days, but a minimum of three trading days required.
  • Phase Two: Achieve a 5% profit target under the same loss rules. Minimum of three trading days required.
  • Funded Account: After passing both phases, traders can withdraw a minimum of 1% of the initial balance, with profit splits from 60% to 100%.
  • Scaling Plan: Includes increased account size and drawdown limits based on successful payouts and profits.

One-step Evaluation

  • Account Sizes: $5,000 to $100,000
  • Leverage: Up to 1:50
  • Evaluation Phase: Achieve a 12% profit target with a 4% maximum daily loss and 6% maximum loss. No maximum trading days, but a minimum of three trading days required.
  • Funded Account: Profit splits from 80% to 100%.
  • Scaling Plan: Based on successful payouts and profits.

Three-step Evaluation

  • Account Sizes: $10,000 to $100,000
  • Leverage: Up to 1:50
  • Phase One: Achieve a 5% profit target with a 4% maximum daily loss and 6% maximum loss. Minimum of three trading days required.
  • Phase Two: Same as Phase One.
  • Phase Three: Same as Phase One.
  • Funded Account: Profit splits from 80% to 100%.
  • Scaling Plan: Includes increased account size and drawdown limits based on successful payouts and profits.

Key Features

  • Profit Targets: Realistic profit targets and drawdown rules.
  • Flexibility: No maximum trading day requirements, minimum three trading days per phase.
  • Profit Splits: Scaleable up to 100%.
  • Hot Seat Program: Monthly salary, on-demand payouts, and other benefits.
  • Trading Platforms: Match-Trader, cTrader, or TradeLocker.
  • Instruments: Forex pairs, commodities, indices, and cryptocurrencies.

Conclusion

Funding Pips stands out among proprietary trading firms by offering flexible and realistic evaluation programs tailored to various trading styles. With favorable trading conditions, generous profit splits, and comprehensive support, Funding Pips is a highly recommended choice for traders seeking substantial funding opportunities.

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E8 Markets Review (8% Discount Code: SOURCE)
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Unlock the secrets to becoming a funded trader with E8 Markets, a reputable and reliable proprietary trading firm offering three distinct funding programs tailored to diverse trading styles and goals.