Funding Pips Scaling Plan for Traders
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 are committed to providing our traders with opportunities for growth and career advancement. Our scaling plan is designed to reward successful traders by offering them the chance to increase their profit share and manage larger account sizes, ultimately maximizing their earning potential.
Scaling Plan Overview
The scaling plan at Funding Pips is a multi-tier system that recognizes and rewards traders’ consistent profitability and risk management skills. As traders achieve higher profit milestones, they unlock new tiers, each offering increased profit share percentages and the ability to manage larger funded accounts.
Tier 1 (Initial Tier)
- Profit Share Percentage: Based on the chosen payout cycle (Weekly: 80%, Bi-Weekly: 85%, Monthly: 90%)
- Maximum Account Size: $10,00,000
Tier 2
- Profit Share Percentage: 5% increase from Tier 1
- Unlocked at: Cumulative Profit of $5,00,000
- Maximum Account Size: $25,00,000
Tier 3
- Profit Share Percentage: Additional 5% increase from Tier 2
- Unlocked at: Cumulative Profit of $10,00,000
- Maximum Account Size: $50,00,000
Tier 4 and Beyond
- Further tiers may be unlocked based on exceptional performance and trader demand, offering even higher profit share percentages and account sizes.
Profit Share Calculation
The profit share calculation is based on the trader’s net profits generated during the payout cycle, after deducting any applicable fees or charges. The calculation is as follows:
Payout Amount = (Net Profits × Trader’s Profit Share Percentage)
For example, if a Tier 2 trader with a monthly payout cycle generates net profits of $1,00,000 during the month, their payout would be:
Payout Amount = ($1,00,000 × 0.95) = $95,000
Scaling Plan Requirements
To be eligible for the scaling plan and unlock higher tiers, traders must meet the following requirements:
- Successful completion of the evaluation phase and receipt of a funded trading account.
- Consistent adherence to Funding Pips’ trading rules and risk management guidelines.
- Maintenance of a positive account balance and no account terminations.
- Achievement of the specified profit milestones for each tier.
Benefits of the Scaling Plan
Funding Pips’ scaling plan offers numerous benefits to our traders, including:
- Increased Earning Potential: As traders progress through the tiers, they gain access to higher profit share percentages, allowing them to maximize their earnings from successful trading activities.
- Opportunity for Portfolio Diversification: With larger account sizes at higher tiers, traders can diversify their portfolios across various asset classes, markets, and trading strategies, potentially reducing overall risk exposure.
- Recognition of Consistent Performance: The scaling plan rewards traders who consistently demonstrate profitability and adherence to risk management principles, fostering a culture of discipline and excellence.
- Career Growth and Development: By unlocking higher tiers, traders gain access to advanced trading resources, mentorship programs, and opportunities for professional growth within Funding Pips’ trading ecosystem.
Risk Management Oversight
While Funding Pips aims to provide traders with ample opportunities for growth and profit maximization, we also prioritize responsible risk management practices. Our dedicated risk management team closely monitors trader performance and account activity at all tiers to ensure compliance with our trading rules and guidelines.
Traders who exhibit excessive risk-taking behavior, violate trading rules, or experience significant drawdowns may be subject to temporary account size or profit share adjustments until they demonstrate consistent profitability and adherence to risk management principles.
Scaling Plan Transparency and Reporting
Funding Pips maintains a high level of transparency regarding our scaling plan and traders’ progress towards unlocking higher tiers. Each trader has access to a dedicated scaling plan dashboard that provides real-time updates on their current tier, profit milestones achieved, and projected earning potential at higher tiers.
Additionally, traders receive comprehensive reports detailing their trading performance, risk metrics, and progress towards the next scaling tier, enabling them to make informed decisions and adjust their strategies accordingly.
Real Trader Feedback
Feedback |
“Funding Pips’ scaling plan is a game-changer. It provides a clear path for growth and incentivizes me to perform at my best consistently.” – Trader A |
“The increased profit share percentages and account sizes at higher tiers have significantly boosted my earning potential. I feel valued and motivated to continue improving my trading skills.” – Trader B |
“The scaling plan is a testament to Funding Pips’ commitment to their traders’ success. It’s a win-win situation for both parties, fostering a strong and mutually beneficial relationship.” – Trader C |
FAQ
No, the scaling plan tiers must be unlocked consecutively based on the specified profit milestones. Skipping tiers is not permitted.
There is no specific time limit for achieving the profit milestones to unlock higher tiers in the scaling plan. Traders can progress at their own pace, as long as they maintain consistent profitability and adhere to Funding Pips’ trading rules.
While drawdowns are expected in trading, Funding Pips closely monitors trader performance. Significant or prolonged drawdowns may result in a temporary reduction in account size or profit share percentage until the trader demonstrates consistent profitability again.