Funding Pips review
Details checked 27 Sept 2026. Always confirm current terms on the firm's site.
Our verdict
Funding Pips is a Dubai-based firm founded in 2022 that has grown very quickly and offers flexible payout cycles. Its funded accounts close gold positions before weekends, and a September 2026 dispute over forced migration into its PRIME programme is worth watching.
Funding Pips started in late 2022 and has become one of the most-reviewed prop firms. Its standard two-step challenge asks for 8% in phase one and 5% in phase two, with a 5% daily loss limit, a fixed 10% overall loss limit, at least three trading days per phase and no deadline. After passing, traders choose their payout rhythm: weekly at a 60% split, every two weeks at 80%, on demand at 90% or monthly at 100%. For gold traders, the official help centre lists 1:30 leverage on metals (1:10 on swap-free accounts). On funded accounts, trading is blocked for five minutes around high-impact news and ten minutes around key speeches, and open positions are closed automatically before the weekend, so swing trades on XAUUSD cannot be held over Friday's close. Personal expert advisors are allowed with proof of ownership. The firm moved away from MT5 in 2024 during the MetaQuotes licensing dispute and later reinstated it. In September 2026, Finance Magnates reported complaints that top funded traders were moved into a new PRIME programme on a mandatory basis, with pending payouts converted into larger account balances, despite public statements that it was optional.
Pros
- Very large, positive Trustpilot base (69k+ reviews)
- Flexible payout cycles up to 100% split on monthly
- Unlimited time and static 10% max loss
- Competitive pricing on 2-Step Pro
- Official help centre documents rules clearly
Cons
- Positions auto-closed before the weekend on funded 2-Step Standard
- Gold leverage 1:30 (1:10 swap-free)
- News window of 5-10 minutes on funded accounts
- Sept 2026 controversy over mandatory PRIME migration of top traders' payouts
Key facts
| Founded | November 2022 |
|---|---|
| Headquarters | Dubai, UAE |
| Evaluation types | 2-Step Standard, 2-Step Pro, 1-Step, Zero (instant funding) |
| Popular account | $100K 2-Step Standard |
| Fee | 529 |
| Profit target | 8% / 5% |
| Max daily loss | 5% |
| Max total loss | 10% static |
| Minimum trading days | 3 per phase |
| Time limit | Unlimited (one trade every 30 days) |
| Profit split | 60% weekly / 80% bi-weekly / 90% on-demand / 100% monthly (up to 100%) |
| Payouts | Weekly, bi-weekly, monthly or on-demand (split varies) |
| First payout | Per chosen cycle; minimum payout 1% of account size |
| Platforms | MT5, cTrader, Match-Trader |
| Broker / liquidity | Not named ('liquidity provider') |
| Gold (XAUUSD) allowed | Yes |
| Gold leverage | 1:30 on metals (2-Step Standard, official help centre); 1:10 on swap-free accounts |
| Gold restrictions | Funded: no trading 5 min around high-impact news (10 min around speeches); weekend holding not allowed on funded 2-Step Standard (auto-closed) |
| EAs allowed | Own EAs with proof of ownership; third-party EAs only as trade/risk managers |
| News trading | Allowed in evaluation; restricted on funded accounts |
| Accepts traders from India | Yes (India not on restricted list) |
| Payment methods | Card, Crypto, PayPal, Apple Pay, Google Pay, Skrill, Neteller, AstroPay |
| Trustpilot | 4.5 from 69,331 reviews (checked 2026-09-27) |
Member reviews
Sources used for this review
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