If you've been looking into prop firms, you've almost certainly heard the name FundingPips. It's one of the biggest and most talked-about firms out there but is it actually any good? And more importantly, is it safe to trust with your money?
In this honest review, we'll go through everything in plain English: how FundingPips works, what it costs, how fast it pays, and whether it's the right firm for you. No hype, no fluff just the facts you need before you buy a challenge.
Last updated: 30 September 2026 — includes FundingPips' 27 September 2026 Multi-Model Update (applies to new purchases).
What Is FundingPips?
FundingPips is a proprietary trading firm a company that gives traders money to trade with. You prove your skills by passing a challenge, and once you do, they fund you with a real (simulated) account. You then keep most of the profits you make.
The firm was founded in 2022 and is based in Dubai. Since then it has grown fast — really fast. To give you an idea of its size:
- $137M+ paid out (60,000+ verified transactions) to traders
- Traders in over 195 countries
- A 4.5 out of 5 rating on Trustpilot from 55,000+ reviews
In short, this isn't some small unknown firm. FundingPips is one of the biggest players in the industry.
How FundingPips Works
Getting funded with FundingPips is simple. You pick a challenge, pass it, and start trading a funded account. They offer five ways to get there, so you can choose what suits you:
- 1 Step Flex — the fastest route. One phase, no minimum trading days. Good if you're confident and consistent.
- 2 Step Standard — the classic route. A Challenge phase plus a Verification phase. A nice balance.
- 2 Step Flex — flexible two-phase route with relaxed pacing.
- 2 Step Pro — built for experienced traders, no minimum trading days.
- Zero — instant funding with no evaluation at all. Great for beginners who want to skip the challenge.
Once you're funded, you keep a big share of the profits and this is where FundingPips really shines.
Profit Split: Up to 100%
FundingPips offers a profit split of 60% to 100%, which is among the highest anywhere. The split depends on your payout cycle, and the monthly cycle unlocks up to a full 100% split on all models except ZERO.
Here's the simple version:
- Start at an 80–95% split on a funded account
- Choose the monthly payout cycle and push it all the way to a full 100% split (all models except ZERO)
Basically, the better and more consistent you trade, the more you keep right up to every single dollar.
Minimum Trading Days
Since the September 2026 update, several models have zero minimum trading days — you can move from Phase 1 to Phase 2 to a funded account on the same day:
- 1 Step Flex: 0
- 2 Step Standard (5%): 3 per phase
- 2 Step Standard (3%): 0
- 2 Step Flex: 1 per phase
- 2 Step Pro: 0
- Zero: 0
Simpler Rules (September 2026 Update)
FundingPips removed three of its most complained-about rules for new accounts: the Risk Per Trade Idea, the Striking System, and the Profit Concentration rule — on both evaluation and funded accounts. Daily loss is now customisable, and overnight/weekend holding on a funded account is available as a paid Swing add-on (Swap-Free requires the Swing add-on).
How Fast Does FundingPips Pay?
Payouts run on weekly, bi-weekly, monthly, or on-demand cycles and usually land within 1–3 business days. Crypto withdrawals tend to be the fastest, while bank transfers can take a little longer (3–7 days) depending on your country.
The minimum payout is 1% of your account balance, and you can withdraw via crypto (BTC, ETH, USDT), Rise, bank wire, or card. For a firm this size, that's a solid, reliable payout system.
What Does FundingPips Cost?
This is one of the best parts. The cheapest FundingPips challenge starts at just $29 for a $5K account — and with a discount code, it drops even lower.
Account sizes available:
- $5,000
- $10,000
- $25,000
- $50,000
- $100,000
You can trade on MetaTrader 5, cTrader, or Match-Trader, so you're covered whatever platform you prefer.
FundingPips Discount Code 2026
Yes, you can save money on your FundingPips challenge with a discount code. FundingPips regularly offers promo codes that take money off your challenge fee, so you never have to pay full price.
Here's how to use a FundingPips discount code:
- Choose your challenge on the FundingPips website
- Enter the discount code at checkout
- The discount is applied instantly — pay the reduced price
Use code PROPI for 20% OFF all FundingPips challenges — Verified: 30 Sep 2026. That brings the cheapest $5,000 challenge down from $29 to around $23. Codes change from time to time, so always check for the latest verified FundingPips coupon before you buy — and apply it at checkout to lock in the saving.
💡 Tip: Compare FundingPips against other firms' current deals on Propiffy before you buy, so you always get the best available discount.
FundingPips Pros
- One of the highest profit splits available (up to 100%)
- Huge track record — $137M+ paid out across 60,000+ verified transactions
- Excellent 4.5★ Trustpilot rating from 55,000+ reviews
- Very cheap entry — from just $29
- Five evaluation types (1 Step Flex, 2 Step Standard, 2 Step Flex, 2 Step Pro, Zero) for every skill level
- Multiple platforms (MT5, cTrader, Match-Trader)
FundingPips Cons
- EAs are limited — only allowed for trade/risk management, not full automation, HFT or arbitrage
- Reaching the full 100% split takes the monthly payout cycle
- With so many account options, the rules can feel a bit confusing at first
Is FundingPips Legit?
Honestly? Yes. FundingPips is one of the most trusted prop firms in the industry right now. With over $137 million paid out across 60,000+ verified transactions, and a 4.5-star Trustpilot rating from 55,000+ reviews, it has one of the strongest track records you'll find.
That said, our advice is always the same, no matter how trusted a firm is: start with a smaller account, complete one full payout cycle to see the process for yourself, and read the rules for your specific account type before scaling up. Do that, and you'll trade with confidence.
Frequently Asked Questions
Is FundingPips legit and safe?
Yes. FundingPips has paid out over $137 million across more than 60,000 verified transactions and holds a 4.5-star Trustpilot rating from 55,000+ reviews. It's one of the most established and trusted prop firms available.
How much does FundingPips cost?
Challenges start from just $29 for a $5,000 account. With the PROPI discount code (20% off), it comes down to around $23.
How fast does FundingPips pay out?
Payouts run on weekly, bi-weekly, monthly, or on-demand cycles and usually arrive within 1–3 business days.
What's the FundingPips profit split?
The split ranges from 60% to 100%. The monthly payout cycle unlocks up to a full 100% on all models except ZERO.
Are EAs allowed on FundingPips?
EAs are allowed for trade and risk management only. Fully automated strategies, HFT, and arbitrage bots are not permitted.
Final Verdict
FundingPips is one of the safest and most rewarding prop firms you can choose in 2026. Its up-to-100% profit split, massive payout track record, and low entry price make it a top pick for both beginners and experienced traders.
The only real thing to watch is the EA restriction if you rely on full automation, this isn't the firm for you. But for everyone else, FundingPips is an easy recommendation.
Compare FundingPips against other verified prop firms on Propiffy before you buy and don't forget to grab a discount code first.