Funding Pips Review 2026
The cheapest way into prop-firm trading in 2026.
Quick Facts
- Founded
- 2022
- Headquarters
- Dubai, UAE
- Market
- Forex & CFD
- Platforms
- MT5, cTrader, Match-Trader
- Account sizes
- $5,000 – $200,000
- Minimum fee
- $30
- Profit split
- 80% (up to 90%)
- Payouts
- Bi-weekly (every 14 days from first payout)
- Challenge model
- 2-step (Phase 1 + Phase 2)
Challenge Rules Breakdown
| Program | Profit Target | Max DD | Daily DD | Min Days | Time Limit | DD Type |
|---|---|---|---|---|---|---|
| FTMO Phase 1 (Challenge) | 10% | 10% | 5% | 4 | 30 days | static |
| FTMO Phase 2 (Verification) | 5% | 10% | 5% | 4 | 60 days | static |
Pros
- Industry-cheapest entry fee ($30 for $5k) — undercuts almost everyone
- Allows news trading, EAs, scalping, and weekend holds
- High demand among Reddit /r/algotrading users in 2026
- cTrader support including Smart Trader Tools
Cons
- Very young firm (2022) — payout reputation still being built
- Customer support has been overwhelmed at peak payout windows
- Some traders report inconsistent rule enforcement on edge cases
Who Is Funding Pips Best For?
Cost-sensitive traders running EAs who want the cheapest possible 2-step entry
Test Your Strategy Against Funding Pips Rules
JPTradingCapital's backtest engine runs your EA or manual strategy against Funding Pips's exact Phase 1 rules and shows whether you would have passed — before you spend a cent on a challenge.
Compare Funding Pips Side-by-Side
Frequently Asked Questions
How much does the Funding Pips challenge cost?
Funding Pips challenges start at $30 for the smallest account size and scale up to multiple hundreds of dollars for larger accounts. The fee covers the evaluation phase only — passing converts you to a funded account where you keep 80% (up to 90%) of profits.
Does Funding Pips allow Expert Advisors (EAs)?
Funding Pips permits algorithmic trading and Expert Advisors on most account types. Check their specific rules around news trading, scalping below 10 seconds, and high-frequency strategies — these often have additional restrictions even when EAs are allowed.
What is Funding Pips's profit split?
Funding Pips offers a 80% (up to 90%) profit split on funded accounts. Payouts are processed bi-weekly (every 14 days from first payout).
What platforms does Funding Pips support?
Funding Pips supports MT5, cTrader, Match-Trader. This determines which EAs and trading systems you can run — most strategies developed for MT4/MT5 will port across firms with the same platform support.
Is Funding Pips a legitimate prop firm?
Funding Pips was founded in 2022 and is headquartered in Dubai, UAE. They are a newer entrant — verify recent payout reports and trader reviews on TrustPilot before committing. Always check the most recent payout proofs on third-party communities like Reddit /r/Forex and /r/algotrading.
Can I test my strategy against Funding Pips's rules before paying?
Yes. JPTradingCapital's Prop Firm Checker tests your backtest against Funding Pips's exact Phase 1 ruleset (profit target, max DD, daily DD, time limit, consistency). See whether you would have passed before spending $30+ on a real challenge.