Score Breakdown
Challenge Pricing
(prices shown before code RESPONSIBLE)Prices shown are one-time evaluation fees and can change with promotions - always confirm the live price at checkout.
Trading Conditions
Company & Support
Overview
Institutional liquidity providers
Account Info
Evaluation Rules ⌄
FundingPips offers three primary evaluation options — 1-Step, 2-Step, and 3-Step models across account sizes from $5,000 to $100,000.
1-Step Evaluation: 10% profit target, 3% daily drawdown, and 6% maximum overall drawdown.
2-Step Evaluation: 8% profit target on Phase 1, 5% profit target on Phase 2. Daily drawdown is 5%, with a 10% maximum drawdown limit.
3-Step Evaluation: 5% profit target across each of the three phases (5% / 5% / 5%). Daily drawdown is set to 4%, with a 6% maximum drawdown cap.
All evaluation paths require 0 minimum trading days and come with unlimited trading days to meet the targets. News trading and weekend holding are permitted during evaluation phases. Static drawdown applies relative to initial balance.
Funded Account Rules ⌄
Profit split starts at 80% and can scale up to 90% or 100% through the firm's account scaling stages. On funded accounts, daily drawdown resets at midnight server time based on starting balance/equity, while maximum drawdown remains static relative to initial account size. News execution restrictions apply around high-impact news events on funded stage accounts.
Payout Rules ⌄
First payout is eligible 5 trading days after placing the first trade on the funded account. Subsequent payouts are available on a weekly basis (every 7 days). Payouts are processed through Rise or cryptocurrency. The 100% challenge registration fee is fully refunded alongside your first successful payout.
What We Like
- Three distinct evaluation formats (1-Step, 2-Step, 3-Step) tailored to different risk profiles
- Zero minimum trading days and no time limits on evaluation steps
- 100% challenge fee refunded upon the first payout
- Entry prices start as low as $18 for 3-Step challenges
- Fast weekly payout cycle starting just 5 days after funded trading begins
Could Be Better
- Maximum initial allocation limit capped at $300,000 prior to scaling
- No MetaTrader 4 or MetaTrader 5 availability
- News execution window restrictions apply to funded accounts on major economic events
AI Summary
Generated from verified firm dataFundingPips operates out of Dubai, UAE, and has built a strong reputation as one of the market leaders in low-cost evaluation challenges.
By featuring 1-Step, 2-Step, and 3-Step evaluation setups, it accommodates varying trading strategies and risk preferences while eliminating minimum trading day requirements. Its 3-Step challenge option starting under $20 offers one of the lowest capital entry points in the retail prop trading sector.
Execution runs across cTrader, Match-Trader, and TradeLocker platforms.
Data last verified against FundingPips's official site: August 2026
Affiliate Disclosure: This review contains affiliate links. We may earn a commission if you sign up via our link, at no extra cost to you. This never influences our scoring.
Community Reviews (28)
See all →Life-changing experience
I have tried 4 different prop firms and this is by far the best. The rules make sense, payouts come fast, and scaling is real. Just got upgraded to a $200K account. Could not be happier. — TechAnalyst
Consistent and reliable
Trading with them for 6 months. Never missed a payout. The challenge is fair — if you have a proper strategy and stick to risk management you will pass. Highly recommend for traders who are ready to go professional. — TradingKing
Life-changing experience
I have tried 4 different prop firms and this is by far the best. The rules make sense, payouts come fast, and scaling is real. Just got upgraded to a $200K account. Could not be happier. — GoldTrader
