FundingPips competes on room to breathe. Where most firms stop you out at a 10% loss, its 2 Step Flex model lets you go to 12%, and the evaluation phases carry no news restrictions whatsoever.
Important: FundingPips accounts use simulated capital. Rewards are calculated from your simulated results, and your real financial exposure is the evaluation fee.
How the evaluation works
1 Step Flex sets a 10% target with a 4% daily loss limit and a 6% maximum loss. There are no minimum trading days, so a strong week can finish it. 2 Step Flex asks for 10% then 6%, keeps the 4% daily limit and stretches the maximum loss to 12%.
At purchase you choose how the funded account will pay you: 85%, reached on the profit target with one trading day, or 95%, reached on profitable days with three required. Both cost the same and the choice cannot be changed later.
Costs and refunds
Accounts run from $5,000 to $200,000 with entry from $29. Fees are not refunded on passing.
Rewards and scaling
The master account pays every 14 days. Wait 30 calendar days from your first trade instead and the split becomes 100%. Two conditions gate every reward: at least 7 profitable days of 0.5% or more, and a 35% consistency score, meaning no single trading day may represent more than 35% of your total profit. Read that second rule carefully — one outsized winner can delay a payout until your other days catch up. Maximum allocation is $400,000, and the Prime scaling plan takes committed traders to $2M.
Platforms and trading rules
MT5, cTrader and Match-Trader. News is unrestricted while you are being evaluated; on the master account trades opened or closed within 5 minutes of a high-impact release, or 10 minutes around a scheduled speech, fall foul of the rules. Weekend holding is allowed during the evaluation but is currently switched off on master accounts, where open positions are closed automatically over the weekend without counting as a breach.
Automation is the area to check first. Your own EA may run fully automatically provided you can show the source code, version history or explain its logic on a call. A third-party EA may only manage trades or risk — it may not decide them. The exception is the small 1K Instant account, where third-party EAs and copiers are allowed.
Is FundingPips right for you?
Good for a strategy that needs a deep drawdown and trades regularly enough to produce seven 0.5% days a cycle. Bad for swing traders, who lose their weekend positions on the master account, and for anyone running a bought EA.