- Both 1-step and 2-step evaluation options.
- Two-step: Phase 1 targets +8%, Phase 2 targets +5%.
- Max drawdown (max equity decline): 10%, daily loss: 5%.
- Minimum three trading days per phase.
- 80% profit split, scaling up to 100% on qualifying plans.
FundingPips keeps fees low but compensates with a tighter rule sheet, especially on the 1-step product. In practice, the 1-step’s 8% drawdown and 4% daily loss make undisciplined sizing fail quickly.
2-Step Challenge
| Item | Phase 1 | Phase 2 |
|---|---|---|
| Target | +8% | +5% |
| Max drawdown | 10% | 10% |
| Daily loss | 5% | 5% |
| Minimum days | 3 | 3 |
| Time limit | None | None |
1-Step Challenge
| Item | Rule |
|---|---|
| Target | +8% |
| Max drawdown | 8% |
| Daily loss | 4% |
| Minimum days | 3 |
Funded account
- 80% profit split (withdrawal of profit shares) at baseline.
- Up to 100% under stated conditions.
- 5-day payout cycle.
Prohibited practices
By contrast with retail brokers, the following are not allowed:
- HFT (high-frequency trading, sub-second activity).
- Hedging across accounts.
- Copy trading from external signals.
- Trading during major news-release windows.
In short, FundingPips works well for traders who can stay tight on per-trade risk. Loose sizing burns through the 4% daily loss quickly.
Internal: FundingPips review