Funding Pips Evaluation Challenges
Funding Pips offers prop trading programs starting from $5K to $100K accounts with up to 100% profit share.
At Funding Pips, a leading proprietary trading firm in India, we believe in empowering traders by providing them with the opportunity to unlock funded trading accounts. To ensure that only skilled and disciplined traders gain access to these accounts, we have designed a series of evaluation challenges that assess various aspects of trading proficiency.
Evaluation Challenge Overview
Funding Pips offers three distinct evaluation challenge options: Two-Step Challenge, One-Step Challenge, and Three-Step Challenge. Each challenge is tailored to cater to traders with different experience levels and risk preferences.
One-Step Challenge
The One-Step Challenge is a single-phase evaluation process.
Account Size | Price |
$5,000 | $59 |
$10,000 | $99 |
$25,000 | $199 |
$50,000 | $299 |
$100,000 | $499 |
Therу are required traders to achieve a 12% profit target while adhering to a 4% maximum daily loss and a 6% maximum overall loss limit.
Category | Evaluation Stage: Student | Funded Stage: Master |
Trading Period | ∞ | ∞ |
Minimum Trading Days | 0 days | – |
Maximum Daily Loss | 4% | 4% |
Maximum Loss | 6% | 6% |
Profit Target | 12% | – |
Leverage | 1:50 | 1:50 |
Payouts & Profit Split | – | Every Tuesday, profit split from 80% to 90% |
Two-Step Challenge
The Two-Step Challenge is a two-phase evaluation process designed to assess a trader’s ability to achieve consistent profitability while adhering to strict risk management rules.
| Account Size | Price |
| $5,000 | $36 |
| $10,000 | $66 |
| $25,000 | $156 |
| $50,000 | $266 |
| $100,000 | $444 |
| Category |
Evaluation Stage |
Funded Stage |
|
| Student | Practitioner | Master | |
| Trading Period | ∞ | ∞ | ∞ |
| Minimum Trading Days | 0 days | 0 days | – |
| Maximum Daily Loss | 5% | 5% | 5% |
| Maximum Loss | 10% | 10% | 10% |
| Profit Target | 8% | 5% | – |
| Leverage | 1:100 | 1:100 | 1:100 |
| Payouts & Profit Split | – | – | Every Tuesday, profit split up to 90% |
Three-Step Challenge
The Three-Step Challenge is a three-phase evaluation process that tests a trader’s consistency and risk management skills over an extended period.| Account Size | Price |
| $10,000 | $59 |
| $25,000 | $139 |
| $50,000 | $219 |
| $100,000 | $349 |
| Category |
Evaluation Stage |
Funded Stage |
||
| Student | Practitioner | Senior | Master | |
| Trading Period | ∞ | ∞ | ∞ | ∞ |
| Minimum Trading Days | 0 days | 0 days | 0 days | – |
| Maximum Daily Loss | 4% | 4% | 4% | 4% |
| Maximum Loss | 6% | 6% | 6% | 6% |
| Profit Target | $5,000 (5%) | $5,000 (5%) | $5,000 (5%) | – |
| Leverage | 1:50 | 1:50 | 1:50 | 1:50 |
| Payouts & Profit Split | – | – | – | Every Tuesday, profit split from 80% to 90% |
Trading Conditions
During the evaluation challenges, traders have access to a diverse range of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies. The maximum leverage available during the challenges is 1:100 for forex pairs, 1:30 for metals, 1:20 for indices, and 1:10 for energies.Preparation and Resources
At Funding Pips, we understand that preparing for the evaluation challenges can be a daunting task, especially for traders who are new to the world of proprietary trading. To support our traders, we provide a comprehensive range of resources and educational materials to help them develop the necessary skills and knowledge.
- Trading Courses: Our team of experienced traders has developed a series of online trading courses that cover various topics, including technical and fundamental analysis, risk management, trading psychology, and strategy development.
- Webinars and Seminars: We regularly host live webinars and seminars conducted by industry experts, offering valuable insights and practical tips for succeeding in the evaluation challenges.
- Trading Simulators: Funding Pips provides access to advanced trading simulators that replicate real-market conditions, allowing traders to practice and refine their strategies in a risk-free environment.
- Mentorship Program: Our mentorship program pairs aspiring traders with seasoned professionals, providing personalized guidance and support throughout the evaluation process.
Evaluation Challenge Dashboard
To help traders track their progress and monitor their performance during the evaluation challenges, Funding Pips offers a comprehensive evaluation challenge dashboard. This user-friendly platform provides real-time updates on key metrics, such as profit and loss, drawdown levels, and remaining profit targets.
The dashboard also includes advanced charting tools, customizable alerts, and detailed trade reports, enabling traders to analyze their trading activity and identify areas for improvement.
Real Trader Feedback
Here are some real trader feedback regarding Funding Pips’ evaluation challenges:
“The evaluation challenges at Funding Pips are well-designed and truly test a trader’s abilities. The gradual increase in complexity across the different challenge options allows traders to progress at their own pace.” – Trader A
“I appreciate the transparency of Funding Pips’ challenge rules and conditions. The clear profit targets and risk management guidelines help me stay focused and disciplined throughout the evaluation process.” – Trader B
“While the challenges can be demanding, they prepare you for the realities of funded trading. The experience gained during the evaluation phase has been invaluable in shaping my trading approach.” – Trader C
FAQ
Yes, Funding Pips allows traders to retake evaluation challenges after a certain cooling-off period. However, additional fees may apply for retaking the challenge.
Funding Pips does not impose specific restrictions on trading strategies during the evaluation challenges. However, traders are expected to adhere to the established risk management rules and avoid any unethical or manipulative practices.
There is no specific time limit for completing an evaluation challenge at Funding Pips. Traders can take as much time as needed to achieve the required profit targets while adhering to the risk management rules.