Use the verified FundingPips discount code TOPPROP to save 25% on prop firm challenges. This active promo and coupon code can be applied directly during checkout on the official FundingPips website. Click the button below to activate the discount.
CEO
Country
AE
cTrader
Match Trader
MetaTrader 5
Use Code:
FundingPips Rules & Trading Conditions
Rules shown here are a simplified overview of publicly available conditions. Exact enforcement and calculations may vary by account type and are defined by the prop firm.
FundingPips prides itself on having simple, transparent rules. There are no hidden “consistency rules” or “lot size limits” that disqualify you after you pass. However, the risk rules are strict and automated.
Risk Management Rules
These are the hard rules. Hitting these limits will result in a lost account.
- Daily Loss Limit (5%): This is the most important rule. It is calculated based on the higher value of your Balance or Equity at the daily reset (00:00 CET/Server Time).Example: If you have a $100,000 account and make $2,000 profit (Equity is $102,000) but don’t close the trades, your daily loss limit for the next day is calculated from $102,000.
- Maximum Trailing Drawdown (10%): The max loss trails your highest recorded equity.Mechanism: On a $100k account, the hard breach level starts at $90k. If you go up to $105k, your breach level moves up to $95k. It stops trailing once it reaches the initial balance ($100k).
Trading Strategy Restrictions
- News Trading: Allowed. You can execute trades 2 minutes before or after red-folder news without restrictions on all accounts.
- Weekend Holding: Allowed. You can hold positions over the weekend (great for Swing traders). Swap fees apply.
- Expert Advisors (EAs): Allowed. You can use commercial EAs, custom bots, and scripts.
- Stop Loss: Not mandatory for every trade, but highly recommended to avoid slippage breaching your daily limit.
Prohibited Practices
To ensure fairness, the following are strictly banned:
- Tick Scalping / HFT: High-frequency trading strategies that exploit server latency.
- Arbitrage: Latency or hedge arbitrage.
- Account Management: You must trade your own account. Third-party trading is not allowed.
- Group Trading: Taking the exact same trades as a large group of other users at the exact same time.
Frequently Asked Questions
Find answers to the most common questions about FundingPips.
Trading platforms supported by FundingPips include cTrader, Match Trader, MetaTrader 5. These platforms offer a reliable and professional environment for traders of all levels.
Use the discount code TOPPROP on the checkout page to receive 25% off when trading with FundingPips. Visit FundingPips for more details.
FundingPips has a Customer rating of 4.4/5, reflecting customer satisfaction and trust in their services. This rating is based on verified customer reviews and experiences.
Accepted payment methods at FundingPips include Crypto, Credit/Debit Card, Google Pay, PayPal, allowing secure and convenient transactions.
Payouts at FundingPips can be made through the following methods: Crypto, Rise. This ensures flexibility for users withdrawing their funds.
The maximum allocation limit at FundingPips is $300K. This helps manage investment exposure effectively.
FundingPips is located in AE, providing services to a wide range of clients.
The CEO of FundingPips is Khaled Ayesh, guiding the company with experienced leadership.