FundingPips Labs E001 Round Two Sells Out Fast

Featured News: FundingPips Labs E001 Round 2 sells out after a major price reduction, adding momentum to experimental prop trading models.

FundingPips has sold out the second round of its E001 Labs experiment, marking another rapid sellout for its account tests. The development follows the reopening of E001 at $99 for a $100,000 account on August 22, after the first Labs release.

FundingPips launched E001 on August 14 as the first account under its Labs initiative. The initial version carried a $599 price for a $100,000 account and featured a $5,000 profit ceiling, a $3,000 maximum loss, no minimum trading days, an 85% reward split and daily rewards, according to industry reporting.

Round 2 introduced a major change in entry price. FundingPips reopened the $100,000 E001 account for $99, cutting the fee by more than 80% from the first release. E001 documentation lists a 5% profit target, no minimum trading days, and an 85% reward split with daily rewards. The account also carries a $3,000 maximum loss.

FundingPips Labs E001 Round Two Sells Out Fast

The change matters because FundingPips is testing different account economics rather than simply expanding a standard evaluation program. By separating E001 from its regular models, the firm can trial pricing and rule combinations on a limited basis before deciding whether an approach deserves a broader rollout.

The sellout also arrives as prop firms continue competing on more than nominal account size. Lower entry fees, faster reward access and fewer trading-day requirements have become important differentiators as firms seek to attract traders. E001 combines all three elements, although its $3,000 loss limit means the headline $100,000 balance does not represent the amount a trader can realistically risk.

FundingPips’ documentation also makes clear that its accounts operate in a simulated trading environment and that participation fees cover evaluation services rather than live trading.

For the prop-trading market, E001 provides an example of how firms can use limited experiments to test demand and refine account structures. The Round 2 sellout does not prove that the model will become permanent. However, it gives FundingPips another data point for future releases.

With Round 2 now closed, attention shifts to what FundingPips tests next and whether future experiments continue to reduce entry costs or introduce different trading rules.

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