Trader Friendly ✓ Verified Firm

FundingPips

FundingPips offers static drawdown, up to 100% profit split, and weekly payouts from $289 for a $50K 2-Step challenge. Legit Dubai-based prop firm since 2022.

🌍 UAE
📅 Est. 2022
📊 Forex
📝 Updated March 27, 2026
🔍 Verified Mar 2026
1-step2-stepInstant Funding
🚫 Restricted: US UAE Veitnam Iran Israel
SA
Reviewed by Saqib Iqbal ✓ SPR Analyst · 6 min read
SPR Rating
4.0/5
✓ Data Verified Mar 2026
User Rating
No reviews yet — be first

Trust
3.5
Fees
4.5
Rules
3.5
Payouts
4.5
Support
4.0
Start FundingPips Challenge →
Bottom Line
FundingPips is a Dubai-based prop firm launched in 2022 that has built a strong reputation for transparent rules, low evaluation fees, and fast weekly payouts. With static drawdown, multiple challenge formats, and a scaling path to $2M, it suits a wide range of trader profiles.
4.0
out of 5
✓ Recommended

📊 Firm Overview

Updated Mar 2026
Account Sizes
$5k-100k
Min Eval Fee
$29 (one-time)
CEO / Founder
Khaled Ayesh
Profit Split
60% - 100%
Payout Time
1 business day
DD Type
Fixed
Markets
Forex
News Trading
Restricted
Overnight Hold
Yes
Scaling
Up to $2M

🔬 SPR Intelligence Analysis

Proprietary Metrics
Difficulty Score ?Based on profit target, drawdown type, min days and restrictions. 10 = extremely hard to pass.
7.5/10
Above average difficulty — fixed drawdown
Value Score ?Lower = better value. Industry average ~$7.00 per $1K.
5.78 per $1K funded
$29 (one-time)
vs ~$7.00 avg across all tracked firms
Best Trader Profile ?Trading styles most likely to succeed given this firm's specific rule set and drawdown type.
Swing traders Consistent risk-managed traders
News restriction on funded stage, tighter drawdown on 2-step pro

📰 Firm Updates & News

Live Feed
2026-03-24
FundingPips confirms $200M+ in total trader payouts and 2M+ registered traders Update
2025-01-01
MetaTrader 5 (MT5) added as a supported platform for all account types Update
2024-01-01
Hot Seat (Level 4) scaling tier introduced, offering 100% profit split and up to $2M capital Update
2022-08-01
FundingPips officially launched as FP Funding LLC / Funding Pips Services Ltd, Dubai Launch

🛡️ Is FundingPips Legitimate?

✓ Legitimate
📍
Registered In
UAE
📅
Operating Since
2022
💰
Reported Payouts
200M+
📜
Regulation
Unregulated (prop model)
⚠ Red Flags to Know
Hedging prohibited; violating this results in immediate account closure
1-Minute Rule can trigger unexpected trade invalidation for fast traders
News trading profit exclusion window (5 minutes) on funded accounts reduces strategy flexibility
Isolated reports of account breaches disputed by traders, with limited resolution from support
Consistency rule (45% daily profit cap) limits aggressive profitable days on funded accounts

📋 Challenge Rules

1️⃣ 1-step 2️⃣ 2-step ⚡ Instant Funding

🧮 Challenge Fee Calculator

Select account size to see full cost breakdown:

✅ Pros & Cons

✅ Pros

Static (non-trailing) drawdown across all programs
No maximum time limit on challenge phases Unlimited trading days structure
Scaling path up to $2,000,000 in capital
Up to 100% profit split at Hot Seat tier
Multiple platform options: MT5, cTrader, Match-Trader, TradeLocker
Overnight and weekend holding allowed (standard accounts)
$200M+ in verified payouts since 2022

❌ Cons

News trading profits excluded within 5-minute window on funded accounts
1-Minute Rule applies, fast scalp trades flagged
Hedging prohibited across all accounts
Third-party off-the-shelf EAs not permitted

🎯 Who Is This Firm For?

✅ Ideal For
Swing traders Position traders
Budget-conscious traders starting with small accounts
Traders looking for a scaling path to large capital
Disciplined risk managers
❌ Not Ideal For
HFT and tick scalpers
Traders relying on heavy news trading strategies
US-based traders
Traders requiring a regulated environment
Traders using third-party off-the-shelf EAs

⚖️ Our Verdict

4.0/5

The 2-Step Classic 50K challenge is priced at $289, a competitive rate that scores a 4 on the fees scale. Rules are trader-friendly with static drawdown, no time limits, and overnight/weekend holding permitted. Payouts process is weekly with a typical 1–3 business day turnaround, earning a top payout score. The only meaningful restrictions are news trading profit exclusions on funded accounts and the 1-Minute Rule on fast scalps. With $200M+ paid out FundingPips is a credible choice for disciplined traders seeking prop funding.

✓ Recommended for Swing traders, Consistent risk-managed traders
Start FundingPips Challenge → 🎓 Free Trading Webinar →

❓ Frequently Asked Questions

Yes. FundingPips has paid out over $200 million to traders since launching in August 2022, with 127,000+ verified payouts recorded. it is unregulated and operates on a simulated trading model, its payout track record and established reputation make it one of the more credible firms in the space.
FundingPips uses a static, equity-based drawdown system. For the 2-Step Classic, you have a 5% daily loss limit and a 10% maximum overall loss limit. These limits are fixed relative to your starting balance — they do not trail your peak equity, which makes them more predictable and trader-friendly than trailing drawdown models.
During the evaluation phase (all standard challenges), news trading is fully permitted. However, once you reach a funded (Master) account, any profits from trades opened or closed within 5 minutes of a high-impact news event or speech will not count toward your payout. Zero (Instant Funding) accounts face a 10-minute restriction window.
Payouts are processed every Tuesday via bank transfer, cryptocurrency, Visa/Mastercard, or Riseworks. Processing typically completes within 1–3 business days after approval. A $10 withdrawal fee applies per transaction, and you must earn at least 1% of your account balance (including the firm's share) before requesting a payout.
Yes, for the 1-Step and 2-Step Classic challenges. Once you pass and reach your 4th successful payout on your funded account, FundingPips refunds the original evaluation fee. This does not apply to the Zero (Instant Funding) or 2-Step Pro accounts.

🔄 Alternative Prop Firms

Compare other options
The5ers Top Pick
UK · Fee: $278 · Split: 50% - 100%
4.0

💬 Community Reviews

✍️ Leave Your Review

Traded with FundingPips? Share your experience — reviews published after approval · min 30 words.

Your Rating *
0 words (min 30)
Get Funded Today

Ready to start your FundingPips challenge?

FundingPips challenge accounts starting from $29 (one-time). Over thousands of traders reviewed on SPR.

Don't leave money on the table. Get the free webinar + cheat sheet — takes 2 min.
Get Free Access