Funding Pips Introduce New Two-Step Program: FundingPipsX

Funding Pips launch FundingpipsX, a two-step evaluation program offering funded accounts up to $100,000 with an 80% profit split and on-demand payouts.

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Featured News: Funding Pips launched FundingPipsX, a new two-step evaluation program offering funded accounts with flexible trading periods.

Funding Pips has launched a new trader evaluation program called FundingPipsX. The program utilizes a two-step evaluation process to provide traders with a path to funded trading accounts.

Program Structure

FundingPipsX consists of two evaluation stages before traders can access a funded account:

  1. Student Stage:
    • Profit Target: 10% of account size
    • Minimum Trading Days: 3
    • Maximum Daily Loss: 4%
    • Maximum Total Loss: 8%
  2. Practitioner Stage:
    • Profit Target: 8% of account size
    • Other rules remain consistent with the Student stage

Both stages require traders to maintain a 45% consistency score. According to Funding Pips, this requirement ensures that a trader’s largest winning day does not exceed 45% of their total profits.

Funded Accounts

Traders who complete both evaluation stages can progress to a funded “Master” account. These accounts offer:

  • No set profit target
  • Continuation of the 4% maximum daily loss and 8% maximum total loss rules
  • Requirement to maintain the 45% consistency score for payouts
  • On-demand payouts with an 80% profit split
Funding Pips Introduce FundingPipsX New Two-Step Evaluation Program

Funding Pips Introduce New Two-Step Program: FundingPipsX

Program Details

FundingPipsX offers:

  • Account sizes ranging from $5,000 to $100,000
  • Leverage up to 1:50, varying by financial instrument (FX 1:50, Indices 1:20, Metals 1:20, Energies 1:10 & Crypto 1:2)
  • RAW spreads
  • Pricing at $399 for a $100,000 account evaluation

Trading Conditions

Funding Pips does not impose a maximum trading day limit, allowing traders to progress at their own pace. The company emphasizes that traders can take as much time as needed to reach their profit targets.

For both evaluation and funded stages, the maximum daily loss is 4% of the starting equity or balance, reset daily at 00:00 CE(S)T. The maximum overall loss limit is 8% of the initial account size.

Payout Structure

In the funded stage, traders can request payouts on demand if they meet the 45% consistency score. The minimum payout amount is 1% of the initial balance, including the company’s split. Funding Pips notes that transfers are subject to exchange rates and transaction fees.

This new program represents Funding Pips‘ latest offering in the prop trading industry. As with any trading program, prospective participants must carefully review all terms and conditions before engaging.

Last but not least, for an in-depth Review, click here.

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