Prop firm review

FundingPips

FundingPips is a Dubai-based prop firm offering both 1-step and 2-step evaluation paths. Founded around 2022, the firm has grown into one of the more popular alternatives to FTMO with competitive pricing.

~2022

Founded

Forex, indices, commodities, crypto

Markets

Up to $200K

Max account

80-90% standard

Profit split

What is FundingPips?

FundingPips operates as a multi-program prop firm with both 1-step and 2-step evaluation options. The 1-step path is faster but with stricter ongoing rules; the 2-step path is slower but with more conventional drawdown structures.

Based in Dubai with global trader access. The firm supports MetaTrader 4 and 5 and offers multiple asset classes.

Founded: ~2022
Headquarters: Dubai, UAE
Markets: Forex, indices, commodities, crypto
Evaluation type: 1-step and 2-step options
Best for: Traders wanting flexibility in evaluation type
Profit split: 80-90% standard

Always verify current details: Prop firms update their account sizes, profit splits, fees, and rules frequently. The numbers above are accurate as of this page's last update but can change at any time. Confirm specifics on the firm's official website before purchasing any evaluation.

Evaluation process

Two main paths:

1-step: pay an upfront fee, hit a single profit target (typically 8-10%) without breaching daily-loss or max-drawdown rules. Faster qualification.

2-step: similar to the FTMO model with a Challenge phase followed by Verification before becoming funded.

Specifics change. Verify on fundingpips.com.

Payouts

Profit splits typically run 80-90% depending on the account type and performance metrics. Payout schedules are bi-weekly or monthly. The firm supports multiple withdrawal methods.

FundingPips publishes some payout examples but not a structured monthly report.

Pros and cons

Pros: Flexible 1-step or 2-step paths. Competitive pricing. Multiple asset classes. Active community growth in 2024-2025.

Cons: Newer firm (2022), shorter track record. Rules have evolved as the firm scales. 1-step evaluation can be more punishing if drawdown is hit early in a trade.

See more context on my own prop-firm experience on the broker partnership disclosure page, or look up unfamiliar terms in the forex glossary.

FundingPips FAQ

Is FundingPips a legitimate prop firm?

Yes. FundingPips has been operating since around 2022. They have an active community and have paid out to traders, though the firm is newer than FTMO or The5ers, meaning a shorter overall track record.

What is the difference between 1-step and 2-step?

1-step requires hitting one profit target to become funded — faster but with stricter daily-loss rules. 2-step splits qualification into a Challenge plus a Verification — slower but more conventional. Pick based on your style.

What is FundingPips' profit split?

Typically 80-90% depending on account type and consistency. Verify current splits on fundingpips.com.

Where is FundingPips headquartered?

Dubai, UAE. The firm operates globally and accepts traders from most jurisdictions.

How long has FundingPips been operating?

Around 2022-2023 — about 3-4 years as of 2026. Newer than FTMO (2015) and The5ers (2016) but established enough to have a meaningful track record.

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