Funding Pips Payout and Profit
Funding Pips offers prop trading programs starting from $5K to $100K accounts with up to 100% profit share.
Introduction
At Funding Pips, a leading proprietary trading firm based in India, we believe in rewarding the hard work and success of our traders. Our payout structure is designed to provide a fair and transparent profit-sharing model that incentivizes traders to maximize their trading potential while aligning with the company’s interests.
Payout Cycles
Funding Pips offers three payout cycles for funded traders to choose from: weekly, bi-weekly, and monthly. The payout cycle determines the frequency at which traders receive their share of the profits generated from their funded trading accounts.
- Weekly Payout: Traders receive their profit share every Friday, based on the trading gains accumulated during the previous week.
- Bi-Weekly Payout: Profits are distributed every two weeks, typically on the 1st and 15th of the month.
- Monthly Payout: Traders receive their payout once a month, typically on the 1st of the following month.
Profit Split Percentages
The profit split percentage varies based on the chosen payout cycle, with more frequent payouts offering a slightly lower profit share. Here are the profit split percentages for each payout cycle:
Payout Cycle | Trader’s Profit Share | Funding Pips’ Share |
Weekly | 80% | 20% |
Bi-Weekly | 85% | 15% |
Monthly | 90% | 10% |
Payout Eligibility and Requirements
To be eligible for payouts, traders must meet the following requirements:
- Successful completion of the evaluation phase and receipt of a funded trading account.
- Adherence to Funding Pips’ trading rules and risk management guidelines.
- Maintenance of a positive account balance throughout the payout cycle.
- Minimum trading activity requirements, as specified by Funding Pips.
Payout Calculation
The payout amount is calculated based on the net profits generated during the payout cycle, after deducting any applicable fees, charges, or commissions. The calculation is as follows:
Payout Amount = (Net Profits × Trader’s Profit Share Percentage)
For example, if a trader with a monthly payout cycle generates net profits of $50,000 during the month, their payout would be:
Payout Amount = ($50,000 × 0.90) = $45,000
Payout Methods
Funding Pips offers several payout methods to ensure convenient and secure fund transfers for our traders. These include:
- Bank Wire Transfer
- Online Payment Gateways (e.g., PayPal, Skrill)
- Cryptocurrency Wallets (e.g., Bitcoin, Ethereum)
Traders can choose their preferred payout method during the account setup process.
Profit Scaling
As traders demonstrate consistent profitability and growth in their funded trading accounts, Funding Pips offers the opportunity for profit scaling. This feature allows traders to increase their profit share percentage and potentially earn higher payouts.
The profit scaling tiers are as follows:
- Initial Tier: Standard profit split percentage based on chosen payout cycle.
- Tier 2: Traders who achieve a cumulative profit of $5,00,000 become eligible for a 5% increase in their profit share percentage.
- Tier 3: Traders who achieve a cumulative profit of $10,00,000 become eligible for an additional 5% increase in their profit share percentage.
For example, a trader on the monthly payout cycle with an initial 90% profit share would progress to 95% at Tier 2 and 100% at Tier 3, effectively earning the full profit generated from their funded trading account.
Payout Transparency and Reporting
Funding Pips places a strong emphasis on transparency and accountability when it comes to payouts and profit distribution. Traders have access to a dedicated payout dashboard that provides detailed reports and breakdowns of their earnings, including:
- Payout Statements: Comprehensive statements outlining the payout calculation, profit split, and any applicable fees or charges.
- Trade History: A complete record of all trades executed during the payout cycle, including entry and exit points, profit/loss, and risk management details.
- Performance Analytics: Visual representations of trading performance, such as profit and loss charts, drawdown analysis, and risk metrics.
Trader Support and Resources
To ensure our traders fully understand the payout process and can maximize their earning potential, Funding Pips offers a range of support and educational resources:
- Dedicated Account Managers: Each funded trader is assigned a personal account manager who can provide guidance, answer questions, and assist with any payout-related inquiries.
- Payout Webinars: Regular webinars conducted by our trading experts, focusing on payout calculations, profit scaling strategies, and best practices for managing earnings.
- Knowledge Base: A comprehensive online knowledge base containing articles, tutorials, and FAQs related to payouts, profit sharing, and account management.
Real Trader Feedback
Here are some real trader feedback regarding Funding Pips’ payout structure:
“I appreciate the transparency of Funding Pips’ payout policies. The clear profit split percentages and payout cycles allow me to plan my trading strategy accordingly.” – Trader A
“The ability to choose my payout cycle is a great feature. I opted for the weekly payout to have more frequent access to my profits, which helps me manage my cash flow better.” – Trader B
“Funding Pips’ payout process is efficient and hassle-free. I receive my profits on time, every time, which instills confidence in their operations.” – Trader C
FAQ
Yes, traders have the flexibility to change their payout cycle by submitting a request to Funding Pips’ support team. However, changes can only be made at the beginning of a new payout cycle.
Funding Pips does not charge any additional fees for payouts. However, depending on the payout method chosen, there may be third-party fees or charges imposed by banks or payment processors, which will be deducted from the payout amount.
If a trader’s account balance becomes negative during a payout cycle, no payout will be issued for that cycle. The trader must rebuild their account balance to a positive value before becoming eligible for payouts again.