Funding Pips

OVERVIEW

Funding Pips, under the leadership of CEO Khaled Ayesh, is a relatively new entrant in the prop trading firm arena, having set up in the United Arab Emirates only a year ago. The firm offers traders access to the MT5 platform, partnering with BlackBull Markets as their broker. It caters to a wide range of traders by offering account sizes that start from $5,000 and extend up to $100,000. The evaluation process encompasses two phases, where traders are required to meet a profit target of 8% in Phase 1, followed by a slightly lower target of 5% in Phase 2. Additionally, Funding Pips enforces a maximum total drawdown of 10% across all challenges, providing traders with a fair balance between risk and opportunity. In terms of trading instruments, Funding Pips offers a variety that includes Forex, Crypto, Indices, as well as Metals & Energies. The form also leverages options of 1:100 for Forex, 1:50 for Metals and Energies, 1:30 for Indices, and 1:2 for cryptocurrency.

  • Forex
  • Crypto
  • Indices
  • Metals & Energies
  • Forex – 1:100
  • Metals & Energies – 1:50
  • Indices – 1:30
  • Crypto – 1:2
  • Forex and Metals have a 2$ commission per lot.
  • Crypto, Indices, and Oil are commission-free.

Launchpad (Level 1)

You’ll begin as a Novice Trader. Successfully completing this stage with four payouts and 10% total profit will mark your entry into our program with a 20% scale-up.

  • Maximum drawdown increased to 11%

Ascender (Level 2)

As an Intermediate Trader, which you achieve after eight successful payouts with a total profit of 20%, you’ll receive a 30% increase in your initial capital.

  • Maximum drawdown increased to 12%
  • Daily drawdown increased to 6%

Trailblazer (Level 3)

Upon reaching Advanced Trader status after twelve payouts with a total profit of 30%, your capital allocation will increase by 40%. This recognizes your growing expertise and trading acumen.

  • Maximum drawdown increased to 13%
Discount Code