About FundingPips & What They Claim

FundingPips is a proprietary trading firm offering evaluation or challenge accounts, with the aim that successful traders manage real capital. Their marketing emphasizes flexibility, fast payouts, and high reward splits.

On their homepage, they show reward split tiers: “Master rewards split Tuesday 60%, Bi-weekly 80%, On Demand 90%, Monthly 100%.” ^{(source: FundingPips homepage):contentReference[oaicite:0]{index=0}} They also advertise having disbursed “$120+ Million” earned by traders globally. ^{(source: FundingPips homepage):contentReference[oaicite:1]{index=1}}

They support multiple trading platforms like cTrader, Match Trader, and TradLocker. ^{(source: FundingPips homepage):contentReference[oaicite:2]{index=2}}

History, Location & Corporate Info

FundingPips lists physical addresses in Dubai, UAE, with a registered address also in Comoros (Bonovo Road, Fomboni Island, Moheli) per their “Contact” page. ^{(source: FundingPips Contact):contentReference[oaicite:3]{index=3}}

Some independent sources list the operating company as “Funding Pips Services Ltd.” ^{(source: Myfxbook Prop Firms listing):contentReference[oaicite:4]{index=4}} The Myfxbook page also states the company has been operating since 2022, located in UAE. ^{(source: Myfxbook):contentReference[oaicite:5]{index=5}}

FundingPips had their Trustpilot profile suspended in June. ^{(source: Finance Magnates):contentReference[oaicite:6]{index=6}} According to that report, Trustpilot flagged increased negative media reviews and temporarily removed the profile pending verification. ^{(source: Finance Magnates):contentReference[oaicite:7]{index=7}}

Leadership, Founder & Transparency

Publicly, I could not find verified information naming the founder or CEO of FundingPips. The site does not display executive names. Independent directories or regulatory disclosures did not yield clear leadership details.

Given the lack of executive transparency, this is a red flag to some traders. Before fully trusting the firm, it may be wise to request formal corporate registration documents or direct statements about leadership.

Business Model & How It Works

FundingPips operates on a pay-for-evaluation model: traders pay for challenge accounts, abide by rules (profit targets, drawdowns, etc.), and if successful, gain access to funded accounts. Profits thereafter are shared.

Revenue sources include evaluation fees, upgrades or add-ons, and perhaps scaling fees. They also attract traders with offers and discount codes to reduce entry costs. ^{(source: PropFirmMatch review):contentReference[oaicite:8]{index=8}}

Programs, Evaluation Types & Profit Splits

FundingPips offers multiple evaluation routes:

• Two-step Evaluation
• Two-step Pro Evaluation
• One-step Evaluation (single phase) ^{(source: ForexProPreviews):contentReference[oaicite:9]{index=9}}
• Zero Program / Instant Funding (some version) ^{(source: PropFirmMatch):contentReference[oaicite:10]{index=10}}

According to ForexProPreviews, example conditions include:

• Two-step Pro: profit targets of 6% in Phase 1 and 6% in Phase 2. Max daily + static loss rules: 3% & 6%. ^{(source: ForexProPreviews):contentReference[oaicite:11]{index=11}}
• Two-step: targets like 8% Phase 1 and 5% Phase 2, with 5% daily and 10% overall drawdown. ^{(source: ForexProPreviews):contentReference[oaicite:12]{index=12}}
• One-step: target ~10%, with 4% daily / 6% static as examples. ^{(source: ForexProPreviews):contentReference[oaicite:13]{index=13}}

PropFirmMatch mentions an active discount code: “FOREXPROPREVIEWS” giving ~5% off all FundingPips account sizes. ^{(source: PropFirmMatch):contentReference[oaicite:14]{index=14}}

Trading Rules, Drawdowns & Hidden Clauses

Published Rules & Conditions

• Max daily loss (e.g. ~3–5%) depending on plan. ^{(source: ForexProPreviews & review sites):contentReference[oaicite:15]{index=15}}
• Total (static) drawdown limits (e.g. 6–10%). ^{(source: ForexProPreviews):contentReference[oaicite:16]{index=16}}
• No strict time limits in many programs (i.e., you can take time to meet targets). ^{(source: ForexProPreviews):contentReference[oaicite:17]{index=17}}
• Minimum trading days (in some programs, e.g. 3 calendar days). ^{(source: ForexProPreviews):contentReference[oaicite:18]{index=18}}
• Leverage: up to 1:100. ^{(source: FundingPips homepage):contentReference[oaicite:19]{index=19}}
• Holding positions overnight and over weekends allowed (except possibly in Zero program). ^{(source: Myfxbook listing):contentReference[oaicite:20]{index=20}}

Reported Hidden Rules & Criticisms

• Slippage & execution manipulation: Several users on Reddit claim that in Phase 2, execution deteriorated — increasing slippage, delayed fills, and unfavorable order handling. ^{(source: Reddit):contentReference[oaicite:21]{index=21}}
• Rule changes or stricter review in funded stage: Some users say they passed challenge but then faced more stringent conditions in the funded account. ^{(source: Reddit complaint):contentReference[oaicite:22]{index=22}}
• Payout delays or blocked withdrawals: Complaints of long waiting times, additional interviews, or denial of withdrawal requests. ^{(source: Reddit & DailyForex review):contentReference[oaicite:23]{index=23}}
• Trustpilot page suspension: The temporary removal of their Trustpilot profile suggests possible review or credibility issues. ^{(source: Finance Magnates):contentReference[oaicite:24]{index=24}}
• Uneven support or opaque fee disclosures: In reviews, traders complain about non-transparent fees or inconsistent support responses. ^{(source: DailyForex review):contentReference[oaicite:25]{index=25}}

Payouts, Offers, Discounts & Reward Cycles

FundingPips provides several reward / payout frequency options. ^{(source: Trustpilot listing):contentReference[oaicite:26]{index=26}} Their marketing states reward cycles include weekly, biweekly, “on demand”, and monthly. ^{(source: Trustpilot listing):contentReference[oaicite:27]{index=27}}

They advertise up to **100% reward split** under certain conditions. ^{(source: Investing.com review):contentReference[oaicite:28]{index=28}}

Discounts: they allow usage of discount codes. For example, ForexProPreviews mentions a code **FOREXPROPREVIEWS** that gives ~5% off account sizes. ^{(source: ForexProPreviews):contentReference[oaicite:29]{index=29}}

Be cautious: some users report that reward splits or payouts were reduced or adjusted unexpectedly after account funding. ^{(source: DailyForex review):contentReference[oaicite:30]{index=30}}

Trustpilot & External Reviews, Reputation

The Trustpilot page for FundingPips is currently **temporarily suspended**. ^{(source: Finance Magnates):contentReference[oaicite:31]{index=31}} The suspension was triggered after a surge of negative coverage and reviews. ^{(source: Finance Magnates):contentReference[oaicite:32]{index=32}}

Before suspension, the Trustpilot listing showed ~31,000 reviews and an “Excellent” rating of 4.5/5. ^{(source: Trustpilot listing):contentReference[oaicite:33]{index=33}}

External review sites give mixed but overall moderately positive reviews:

• ForexProPreviews describes FundingPips as reputable. ^{(source: ForexProPreviews):contentReference[oaicite:34]{index=34}}
• DailyForex review highlights positives (low evaluation fees, multiple platform choices) but also mentions weak support and inconsistent rule enforcement. ^{(source: DailyForex):contentReference[oaicite:35]{index=35}}
• Investing.com praises its transparency and fast reward cycles but notes some restrictions (e.g. no swap-free accounts, max loss limits) ^{(source: Investing.com):contentReference[oaicite:36]{index=36}}
• PropFirmMatch provides a detailed comparative overview of its programs and warns to test with caution. ^{(source: PropFirmMatch blog):contentReference[oaicite:37]{index=37}}

User Feedback & Complaints (Reddit & More)

Real trader feedback offers deeper insight beyond polished marketing:

• One Reddit post states: > “I passed phase 1 … in phase 2 execution changed, slippage increased … limit/STOP orders got worst possible fills … I feel they make you fail.” ^{(source: Reddit):contentReference[oaicite:38]{index=38}}
• Another Reddit thread mentions: > “Every firm has risk dept … but they closed my account when in profit, saying risk breach though I believe rules applied unfairly.” ^{(source: Reddit):contentReference[oaicite:39]{index=39}}
• A review on DailyForex mentions issues: “lack of clarity on fees,” “support not responsive in some cases,” and “uneven enforcement.” ^{(source: DailyForex):contentReference[oaicite:40]{index=40}}
• QuantVPS blog says that while FundingPips had a TrustScore, recurring complaints include withdrawal holds, rule ambiguity, and review suspension. ^{(source: QuantVPS review):contentReference[oaicite:41]{index=41}}

These complaints indicate that while many traders succeed, others experience friction. It is wise to test small and document every trade if you choose to use FundingPips.

Strengths, Weaknesses & Warnings

Strengths

• Flexible reward cycles (weekly, biweekly, on demand, monthly)
• High reward splits (advertised up to 100%)
• Support for multiple platforms (cTrader, Match Trader, TradLocker) ^{(source: FundingPips homepage):contentReference[oaicite:42]{index=42}}
• Reasonably low evaluation costs compared to some rivals ^{(source: DailyForex):contentReference[oaicite:43]{index=43}}
• Offers discount codes to reduce entry barriers (e.g. “FOREXPROPREVIEWS”) ^{(source: ForexProPreviews):contentReference[oaicite:44]{index=44}}
• No strict time limits in many programs, giving traders freedom to pace progress ^{(source: ForexProPreviews):contentReference[oaicite:45]{index=45}}

Weaknesses & Red Flags

• Leadership and company structure not transparent
• Trustpilot suspension — raises credibility questions ^{(source: Finance Magnates):contentReference[oaicite:46]{index=46}}
• User reports of slippage, poor execution, and blocked withdrawals ^{(source: Reddit, DailyForex):contentReference[oaicite:47]{index=47}}
• Rule enforcement appears uneven in some cases
• Payout and support delays reported by users
• Some fee or term changes may be opaque or hidden in fine print

Tips Before Joining FundingPips

1. Start with the smallest challenge size. This reduces risk while you test how their rules are enforced.
2. Read all rules carefully. Ask support to clarify ambiguous or contradictory clauses.
3. Document trades, logs & screenshots. If any dispute arises, evidence helps.
4. Avoid aggressive trades or high-leverage gambles. Consistency often wins challenges more than big swings.
5. Watch for slippage & news times. Execution during volatile news may not be favorable.
6. Confirm discount codes up front. Use verified codes (e.g. “FOREXPROPREVIEWS”) but don’t assume they always apply.
7. Withdraw profits promptly. Don’t leave large amounts sitting longer than needed.
8. Engage support immediately if you see odd behavior. Ask for reasons, logs, explanations.
9. Start long-term with small capital. If the system proves fair, scale up gradually.
10. Be prepared for rules to tighten after funding. Some users report stricter conditions once in live stage.

Conclusion: Is FundingPips Worth It?

FundingPips offers several features that make it compelling: flexible payout cycles, support for multiple trading platforms, high reward split potential, and discount offers. Many traders report success and smooth payouts, and the marketing suggests a “traders-first” ethos.

However, several red flags exist — lack of transparency around leadership, the Trustpilot suspension, and consistent user complaints about execution and rule enforcement. For those wanting to try it, proceed cautiously, verify everything, document your trades, and begin with small challenge tiers.

In short: FundingPips has genuine potential, but it’s not perfect. Use it wisely, and don’t treat it as guaranteed. Always combine discipline, rule awareness, and backup risk management when dealing with any prop firm.