FundingPips is a legit, low-cost forex prop firm, and I can say that from the receiving end: my first prop account was a $5K FundingPips challenge, and I took two $150 payouts from it, both paid in crypto. In 2026 it sells five programs from $32 (2-Step Standard $5,000 with code 17B156E8), with static drawdown on every challenge and payouts as often as weekly.
It isn’t perfect: FundingPips changes its rules often, funded accounts close your trades daily unless you buy the Swing add-on, and the news rule removes profit made around big releases. Below: every plan and price, the rules that fail traders, how payouts work, and which program fits a first-time buyer.
✓ Fact-checked November 6, 2026: Prices, codes and rules checked against the official site and help centre of FundingPips. How we review prop firms.
- Five programs: 2-Step Standard, 2-Step Pro, 2-Step Flex, 1-Step Flex and Zero (instant funding).
- Code 17B156E8 = 20% off your first FundingPips purchase only; accounts start at $24 (2-Step Pro $5,000).
- Every challenge uses a static max loss (6% to 12%); only Zero has a 5% trailing loss.
- 80% split as standard, 95% on Zero and on 2-Step Flex after 3 profitable days, paid in 1–3 working days.
FundingPips at a Glance
| FundingPips | |
|---|---|
| Founded | 2022, United Arab Emirates |
| CEO | Khaled Ayesh |
| Type | Forex/CFD prop firm (simulated accounts) |
| Markets | FX, metals, energies, indices and crypto CFDs |
| Platforms | MT5, Match Trader, cTrader (cTrader costs $20 extra) |
| Max allocation | $400,000 |
| Pay for a challenge with | Visa, Mastercard, Apple Pay, Google Pay, PayPal, Skrill, Crypto |
| Payout methods | Bank Transfer, Crypto, Rise Works, Card Payout |
| Our code | 17B156E8 (20% off your first purchase, new customers only) |
The full profile, with live prices and rules, is on our FundingPips firm page.
Is FundingPips Legit?
Yes. FundingPips has run since 2022, publishes its trading objectives for every program, and pays traders through Bank Transfer, Crypto, Rise Works, Card Payout. My own experience matches that: a small $5K account, two $150 payouts, both paid out in crypto. That’s a modest amount, but it’s the point for a beginner: a cheap account can pay you, and the process works.
The real caution is rule churn. FundingPips has rewritten its rules several times in 2026. Its most recent update removed several restrictions for new purchases, including the profit concentration rule, while existing accounts may keep older terms. Reviews written even a few months ago can be out of date, so check the date on any FundingPips review (this one is fact-checked above) and read the official trading objectives page for the program you buy.
FundingPips Programs and Prices (2026)
Here’s how the five programs compare on the rules that decide whether you pass and how you get paid:
| Program | Sizes | From | Target | Daily loss | Max loss | Payouts |
|---|---|---|---|---|---|---|
| 2-Step Standard | $5,000 – $100,000 | $32 | 8% / 5% | 3% or 5% | 10% Static | Bi-weekly, 80% |
| 2-Step Pro | $5,000 – $200,000 | $24 | 6% / 6% | 3% | 6% Static | Weekly, 80% |
| 2-Step Flex | $5,000 – $100,000 | $28 | 10% / 8% | 4% | 12% Static | Bi-weekly, 80% (95% with 3 profitable days) |
| 1-Step Flex | $5,000 – $100,000 | $60 | 12% | 2% or 3% | 12% Static | Bi-weekly, 80% |
| Zero (instant) | $5,000 – $200,000 | $48 | None | 3% | 5% Trailing | Bi-weekly, 95% |
And every account size with the 20% first-purchase discount applied:
| Account | Standard | Pro | 2-Step Flex | 1-Step Flex | Zero |
|---|---|---|---|---|---|
| $5,000 | $32 (was $39) | $24 (was $29) | $28 (was $35) | $60 (was $74) | $48 (was $60) |
| $10,000 | $58 (was $72) | $44 (was $55) | $52 (was $64) | $89 (was $111) | $71 (was $88) |
| $25,000 | $156 (was $195) | $116 (was $145) | $140 (was $175) | $204 (was $255) | $151 (was $188) |
| $50,000 | $280 (was $349) | $200 (was $249) | $240 (was $299) | $283 (was $353) | $196 (was $244) |
| $100,000 | $522 (was $652) | $373 (was $466) | $444 (was $555) | $533 (was $666) | $356 (was $444) |
| $200,000 | — | $736 (was $919) | — | — | $711 (was $888) |
All prices are one-time fees with no time limit on any evaluation. The code only works on your first FundingPips order, so pick the account you actually want first. Our cheap prop firms guide compares entry prices across firms.
2-Step Standard: the default choice
Phase 1 asks for 8% and phase 2 for 5%, with a 10% static max loss. On a $100,000 account that’s $8,000, then $5,000, and you fail only if equity drops below $90,000, however much you made first. At checkout you choose the daily loss: 3% ($3,000) with no minimum trading days, or 5% ($5,000) with 3 minimum days. With the code, $100,000 costs $522 (was $652).
2-Step Pro: cheapest, tightest, fastest pay
Two 6% targets, a 3% daily loss and only a 6% static max loss, with no minimum days. It’s the cheapest program ($100,000 for $373) and the only one with weekly payouts, but 6% of room is thin. It suits traders who already risk small and know their daily stop, not someone learning on their first account.
2-Step Flex and 1-Step Flex: more room, higher targets
2-Step Flex gives the widest cushion: 12% static max loss and a 4% daily loss, against targets of 10% then 8%, with a 1-day minimum. Its split rises to 95% once you have 3 profitable days in a cycle. 1-Step Flex is a single 12% target with the same 12% static max loss, a 2% or 3% daily loss and no consistency rule. A $100,000 1-Step Flex costs $533.
Zero: instant funding with strict rules
Zero has no evaluation: you’re on a funded account once you pay ($71 for $10,000, $356 for $100,000) with a 95% split. The rules are the strictest here: a 5% trailing loss (from $95,000 on $100,000), 3% daily loss, floating loss that must never reach 1% ($1,000), 7 days of 0.25%+ profit every 30 days, and a best day under 15% of total profit. The first 3% ($3,000) can’t be withdrawn. Compare it in our instant funding prop firms guide.
FundingPips Rules You Need to Know
- News trading: free during evaluations. On Standard, Pro and Flex Master accounts, you can’t open or close trades from 5 minutes before to 5 minutes after high-impact news on that currency; profit made in that window is removed. On Zero, no open trades at all from 10 minutes before to 10 minutes after, and breaking it fails the account.
- Overnight and weekends: evaluations can hold freely, but Master accounts close open trades every day unless you buy the Swing add-on (about +10% at checkout).
- Leverage: 1:100 on FX, 1:30 metals, 1:20 indices, 1:10 energies and 1:2 crypto on evaluations; lower on Zero.
- Commissions: $5 per lot round trip on FX and metals ($7 on Zero), none on indices and energies, 0.04% on crypto.
- EAs and copy trading: only your own EA (with proof you built it); copying is allowed between your own FundingPips accounts only.
- VPN/VPS: not allowed. Close at least one trade every 30 days to stay active.
How FundingPips Payouts Work
Each program has a fixed reward cycle: weekly on 2-Step Pro, bi-weekly on everything else. The minimum reward is 1% of the starting balance ($1,000 on a $100,000 account), and bank transfer or Rise payouts need at least $500. Rewards usually arrive within 1–3 working days via Bank Transfer, Crypto, Rise Works, Card Payout.
Every challenge model can also switch to on-demand payouts at a 100% split, but that path comes with a 35% consistency score and at least 7 days of 0.5%+ profit. If consistency rules are new to you, our consistency rule explainer shows how the percentage works, and the consistency rule calculator tells you whether your days would pass.
Both of my payouts came in crypto. On a small account that matters: crypto avoids the $500 minimum on bank and Rise payouts, so you can withdraw rewards of a few hundred dollars or less.
FundingPips Pros and Cons
Pros
- Low entry price: $24 for a 2-Step Pro $5,000, $32 for 2-Step Standard, with 17B156E8.
- Static max loss on every challenge, so your floor never moves up.
- Three platforms (MT5, Match Trader, cTrader) and no time limit on evaluations.
- Weekly payouts on Pro, 95% split options, and crypto payouts that I’ve received myself.
Cons
- Frequent rule changes in 2026; older reviews and videos may describe rules that no longer apply.
- The 20% code only works on your first purchase.
- Master accounts close trades daily without the paid Swing add-on.
- Strict news window on funded accounts, and Zero’s rules are unforgiving for beginners.
Which FundingPips Program Should You Choose?
FundingPips — 2-Step Standard $10,000 at $58 with 17B156E8: 10% static max loss, reachable 8% and 5% targets and no time limit. Trade-off: bi-weekly payouts and two phases to pass.
FundingPips — 2-Step Pro $100,000 at $373: the cheapest program and weekly payouts. Trade-off: only 6% static max loss and a 3% daily limit, so one bad day hurts.
Skip Zero unless you already pass evaluations consistently: a trailing loss, the 1% open-risk cap and the 15% best-day limit leave no room to learn. If you want alternatives with a code that isn’t limited to new customers, FundedNext (20% with INSIDE, see our FundedNext review) and Tradeify FX (45% with INSIDE, see our Tradeify FX review) are the closest forex options. For the biggest-brand alternative, read FTMO vs FundingPips ($100K 2-step).
How to Buy a FundingPips Challenge With Code 17B156E8
- Open FundingPips through our link and register a new account (the code is for new customers).
- Choose a program, account size and platform; add Swing only if you’ll hold trades overnight once funded.
- Enter 17B156E8 at checkout and check the price matches our table (for example $58 for a 2-Step Standard $10,000).
- Pay by card, PayPal, Apple Pay, Google Pay, Skrill or crypto, then complete KYC early so your first payout isn’t delayed.
See every live code on our prop firm discount codes page, or browse the forex prop firms list and prop firm comparisons.
Frequently Asked Questions
Is FundingPips legit?
Yes. FundingPips has operated since 2022, publishes its rules, and pays via Bank Transfer, Crypto, Rise Works, Card Payout. I’ve personally received two $150 payouts in crypto from a $5K FundingPips account.
How much does a FundingPips challenge cost?
With code 17B156E8 (20% off your first purchase), a 2-Step Standard $5,000 costs $32 and a $100,000 costs $522. The cheapest account is the 2-Step Pro $5,000 at $24.
What is the FundingPips drawdown?
All challenges use a static max loss: 10% on 2-Step Standard, 6% on 2-Step Pro and 12% on both Flex programs. Zero uses a 5% trailing loss.
How long do FundingPips payouts take?
Rewards are usually paid within 1 to 3 working days. Cycles are weekly on 2-Step Pro and bi-weekly on the other programs, with a minimum of 1% of the starting balance.
Does FundingPips allow news trading?
Yes during evaluations. On funded Master accounts you can’t open or close trades 5 minutes either side of high-impact news (10 minutes on Zero, where it fails the account).
Can I use the FundingPips code more than once?
No. Code 17B156E8 gives 20% off your first FundingPips purchase only, for new customers.
Start your first FundingPips challenge
2-Step Standard is our pick for beginners. Code 17B156E8 takes 20% off your first purchase.
I’ve traded the markets for more than 5 years, and I trade micro index futures (MNQ, MES and MYM) on prop firm accounts. I run InsidePropFirm to help beginners see exactly what they’re buying before they pay for a challenge: the real price after discounts, the rules that fail most traders, and how payouts actually work.
This article is for information and education only and is not financial advice. Trading futures, forex and CFDs carries a high risk of loss. InsidePropFirm may earn a commission when you buy through our links, at no extra cost to you.
