Funding Pips Review - The Best Prop firm ? Let’s Find out, Why?
Summary
TLDRIn this video, David reviews Funding Pips, a leading prop firm with over three years of industry experience and a base in Dubai. He highlights their innovative weekly payout system, transparent CEO Khied, and a variety of trading challenges ranging from $5K to $100K. The user-friendly website offers detailed dashboards for traders, and unique features like scalability, profit splits, and refunds enhance the trading experience. With a solid reputation reflected in high Trustpilot ratings and a large community, Funding Pips is positioned as a top choice for aspiring traders.
Takeaways
- 😀 Funding Pips is a well-established prop firm with over three years in the industry and a physical office in Dubai.
- 😀 They offer a unique weekly payout model, ensuring no payout denials, which enhances transparency.
- 😀 The CEO, Khed, is highly active and shares proof of payouts on social media, reinforcing trust in the firm's operations.
- 😀 The platform is user-friendly with a modern design, providing traders with clear information without complex calculations.
- 😀 Funding Pips offers various challenge options, ranging from $5K to $100K, with different evaluation steps available.
- 😀 Traders can choose between three platforms: MetaTrader, CTrader, and Trade Locker, catering to different preferences.
- 😀 The one-step challenge features a minimum trading period of 3 days, a maximum daily loss of 4%, and a profit target of 10%.
- 😀 Unique to Funding Pips X, traders must maintain a 45% consistency score during challenges to be eligible for funding.
- 😀 The scaling program allows traders to increase their capital and profit split as they achieve trading milestones.
- 😀 Funding Pips boasts strong reviews with a 4.3 rating on Trustpilot, backed by a large and active community.
Q & A
What is Funding Pips?
-Funding Pips is a proprietary trading firm with over three years in the industry, known for its innovative trading challenges and transparent operations.
Where is Funding Pips located?
-Funding Pips has a physical office in Dubai.
Who is the CEO of Funding Pips?
-The CEO of Funding Pips is Khed Caled, recognized for his transparency and engagement with the trading community.
What are the main features of the Funding Pips website?
-The website is modern and user-friendly, featuring a dashboard that provides clear insights into trading performance without overwhelming users.
What types of trading challenges does Funding Pips offer?
-Funding Pips offers one-step, two-step, three-step challenges, and a new Funding Pips X challenge, each with varying profit targets and trading rules.
What is the profit target for the one-step challenge?
-The profit target for the one-step challenge is 10%.
How does the payout system work for Funding Pips?
-Traders can receive payouts every Tuesday with an 80% profit split, and can opt for bi-weekly or monthly payouts as well.
What is unique about the Funding Pips X challenge?
-The Funding Pips X challenge requires a 45% consistency score, meaning the largest winning day cannot exceed 45% of total profits.
Is there a refund policy for challenge fees?
-Yes, traders can receive a refund of their challenge fees with their fourth payout, except for the Funding Pips X challenge, which does not offer refunds.
How does Funding Pips support traders in scaling their accounts?
-Traders can enter a scaling program after achieving specific profit milestones, allowing them to increase their capital and profit split percentages.
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