Considering FundingPips? See how Velotrade compares
ExploreFundingPips is one of the largest multi-asset prop firms in the world, with a nine-figure payout record and five evaluation models. Its evaluations are relaxed: news and weekend trading are allowed, and it has dropped its old per-trade risk cap. The catches arrive on the funded (Master) account, where news trading is restricted, weekend holding needs a paid add-on, and the highest split carries a consistency rule. This review covers what FundingPips offers in 2026, based on its own trading-objectives page, help centre, and Trustpilot reviews, all checked in October 2026.
Quick answer: Yes, FundingPips is legit. The Dubai-registered firm has run since 2022, reports over $323 million paid to traders, and scores 4.5 out of 5 on Trustpilot across about 70,800 reviews (October 2026). Challenges start at $29 with a static max loss, but funded accounts restrict news trading and charge a 10% add-on for weekend holds.
Highlights of this article
- FundingPips is a large multi-asset prop firm (forex, metals, energies, indices, and crypto) reporting over $323 million paid to traders since 2022
- Five models: Zero (instant), 1-Step Flex, 2-Step Standard, 2-Step Flex, and 2-Step Pro
- Challenge models use a static maximum loss; the instant Zero account uses a trailing one
- Splits run from 80% (weekly or bi-weekly) to 100% (on-demand cycle, with a 35% consistency rule)
- There is no longer a per-trade risk cap on new accounts, but funded accounts restrict news trading and need a paid Swing add-on to hold over weekends
What Is FundingPips
FundingPips is a proprietary trading firm founded in 2022 and registered in Dubai (IFZA Business Park), with an administrative support entity in Cyprus. It has grown into one of the largest firms in the space, funding traders across forex, metals, energies, indices, and crypto, and its rewards page reports over $323 million paid to more than 3 million traders. It runs a scaling program (PRIME) alongside its evaluation models, and its payout record is one of the more verifiable in the industry. Unlike the futures-only firms, FundingPips is genuinely multi-asset and includes crypto, which makes it a closer comparison to a crypto-native firm. Another large multi-asset firm in this category is E8 Markets; see E8 Markets vs Velotrade for how it compares.
How the Evaluations Work
FundingPips sells five models. The rules below are from its trading-objectives page for accounts bought in October 2026; existing accounts keep the rules they were sold with.
| Model | Profit target | Daily / max loss | Min days | Funded split options |
|---|---|---|---|---|
| Zero (instant) | None | 3% daily, 5% trailing on equity, 1% max open risk | 7 profitable days (0.25%+) per 30 | 95% bi-weekly (15% consistency score) |
| 1-Step Flex | 12% | 2% or 3% daily, 12% static max | None | 80% bi-weekly or 100% on demand |
| 2-Step Standard | 8% then 5% | 3% or 5% daily, 10% static max | None | 80% bi-weekly or 100% on demand |
| 2-Step Flex | 10% then 8% | 4% daily, 12% static max | 1 per phase | 80% or 95% bi-weekly, or 100% on demand |
| 2-Step Pro | 6% then 6% | 3% daily, 6% static max | None | 80% weekly or 100% on demand |
On a $5,000 account, the 2-Step Pro costs $29, the 2-Step Flex $35, the 2-Step Standard $39, Zero $60, and the 1-Step Flex $74 ($52 with the 2% daily loss option). The $100,000 2-Step Pro is $466 and the $200,000 version $919. These are FundingPips' listed prices in October 2026; promotions change them, so confirm at checkout.
What Changes on the Funded Account
The evaluation is permissive: news trading and overnight or weekend holding are allowed on every evaluation. The rules tighten once you reach the Master (funded) account:
- News trading is restricted. You cannot open or close a position from 5 minutes before to 5 minutes after a high-impact news event on the affected currencies, and profit from such trades is deducted.
- Weekend and overnight holding need an add-on. Master accounts must buy the 10% Swing add-on to hold positions overnight or over the weekend.
- The 100% split has conditions. The on-demand 100% cycle requires a 35% consistency score and at least 7 profitable days of 0.5% or more.
- Zero is stricter still. On the instant Zero account, holding a trade within 10 minutes of high-impact news breaches the account outright, and the first 3% of profit cannot be withdrawn.
FundingPips has also removed the maximum risk per trade idea that used to cap how much you could lose on a single trade. Its site now advertises "No Risk Per Trade Idea" for new accounts, although older accounts keep the rules they were sold with.
Profit Splits and Payouts
FundingPips lets you pick the payout cycle, and the split depends on it: 80% on a weekly or bi-weekly cycle, 95% on the 2-Step Flex's profitable-days option (3 profitable days) or Zero, and 100% on an on-demand cycle with a consistency requirement. The minimum reward is 1% of the account. Rewards go out by card, crypto (USDT or USDC), Rise, or bank transfer, and the help centre says requests are processed within 1 to 3 working days, plus 1 to 2 days for funds to arrive. All trades must be closed before you request. The firm's payout reliability is a genuine strength, with a large, publicly reported total and a PRIME scaling path for consistent traders.
FundingPips pros and cons
Pros
- One of the largest and most established multi-asset firms, founded in 2022, with over $323 million reported paid
- Genuinely multi-asset, covering forex, metals, energies, indices, and crypto
- Static maximum loss on every challenge model
- No per-trade risk cap on new accounts, and news and weekend trading allowed during evaluations
- Cheap entry from $29, and a 100% split available on the on-demand cycle
- Strong Trustpilot standing and fast, frequently praised payouts
Cons
- Funded accounts restrict trading within 5 minutes of high-impact news and deduct news profits
- Holding overnight or over the weekend on a funded account costs a 10% Swing add-on
- The 100% split needs a 35% consistency score and 7 profitable days
- Crypto leverage is 1:2 on standard evaluations (1:1 on swing and swap-free)
- A recurring cluster of complaints about account closures and rule-interpretation disputes, common to large firms but worth reading before buying
Is FundingPips legit? Trustpilot reviews and payout record
FundingPips is a legitimate, established prop firm, not a scam. It is registered in Dubai's IFZA Business Park, has an administrative support entity in Cyprus (FundingPips Services Ltd), and has operated since October 2022. Like every prop firm, it sells simulated evaluations, not a regulated investment product.
Payout record. Its rewards page reports over $323 million paid since 2022, broken down by year: about $12 million in 2023, $84 million in 2024, $99 million in 2025, and $127 million so far in 2026. These are the firm's own figures, not an independent audit, but the scale is consistent with third-party payout trackers and with the volume of payout posts in its community.
Trustpilot score. When we checked in October 2026, FundingPips held a TrustScore of 4.5 out of 5 across about 70,800 reviews, with 82% five-star and 8% one-star. Trustpilot shows that the firm replies to almost all negative reviews, usually within 48 hours.
What reviewers praise. Fast payouts (often the same or next day), a usable dashboard, and support that answers through live chat.
FundingPips payout complaints. The one-star reviews cluster around a few themes:
- Reward requests rejected or reduced after a rule check, most often for news-window trades on a funded account, where the profit is deducted
- Accounts breached on the daily loss limit after slippage pushed a loss past the stop-loss
- Accounts closed for prohibited conduct such as sharing logins, device or IP matches with another trader, or using a third party to pass
- Slow replies on a minority of support tickets
FundingPips advertises a "zero denials" reward policy, meaning it pays every request that follows the rules. In practice most disputes come down to how a rule was applied, so read the funded-account rules for your model, especially the news window, before you trade it.
Who FundingPips Suits
FundingPips is a strong fit for forex and multi-asset traders who want a large, established firm with a verifiable payout record, a static drawdown, a cheap entry, and the option of a 100% split, and who mostly trade within the week. It is a weaker fit for traders who want to hold crypto over the weekend or trade high-impact news on a funded account without paying for add-ons or losing profit. If you are still comparing, see the best forex prop firms and the best 1-step prop firms. For the wider field, see the best prop firms in 2026 and the best crypto prop firms.
How Velotrade differs
Velotrade shares two things with FundingPips: a static maximum drawdown and no cap on risk per trade. The differences sit on the funded account. Velotrade allows news trading and weekend holding on every account with no add-on and no profit deduction, and it has no consistency rule at any split. It is crypto-native with markets open 24/7, and it pays out in USDC or USDT, first after 14 days and then weekly. The split is 80%, or 90% with a paid add-on.
FundingPips is the larger firm with the longer payout record, more payout methods, and a 100% split option. For the full side-by-side, see FundingPips vs Velotrade.
Sources
Checked October 2026:
- FundingPips trading objectives (targets, loss limits, news and weekend rules, reward cycles)
- FundingPips rewards page (payout totals by year)
- FundingPips help centre, reward methods (payout methods, processing times, fee refund)
- FundingPips terms and conditions (registered address, refund terms)
- FundingPips on Trustpilot (TrustScore and review count)
How FundingPips compares
This review is published by Velotrade, so here is where the two differ, including where FundingPips is stronger.
| Rule | FundingPips | Velotrade |
|---|---|---|
| News on funded accounts | No trades 5 min either side; profit deducted | Allowed, no news window |
| Weekend holding (funded) | Needs the paid 10% Swing add-on | Allowed, no add-on |
| Consistency rule | 35% score required for the 100% monthly split | None at any stage |
| Drawdown model | Static on challenges; Zero account trails | Static on every plan, never trails |
Where FundingPips is stronger
- Large payout record: over $312 million reported paid since 2022
- A 100% split option on the monthly payout cycle
Frequently Asked Questions
About the author
Vittorio De Angelis
Executive Chairman
Former equity-derivatives trader at JP Morgan, Dresdner Kleinwort and Bank of America in London. Later Head of Brokerage at a global broker in Hong Kong.
Velotrade was founded in Hong Kong in 2016 by a team from JP Morgan, Dresdner Kleinwort and Bank of America, has paid out over $2.5 billion to its trade-finance clients, and has been featured in Bloomberg, the Financial Times, the Wall Street Journal and on Nasdaq. Its prop trading evaluations are simulated and educational.
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