Funding Pips Review - The Best Prop firm ? Let’s Find out, Why?

Prop Meter
18 Oct 202411:03

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.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
Prop TradingFunding PipsTrading ChallengesWeekly PayoutsForex TradersCEO TransparencyDubai OfficeUser-FriendlyProfit SplitTrading Community