What assets and markets can traders trade at Funding Pips?
💡 Answer
Funding Pips allows traders to access the following markets and asset classes:
FX, Metals, Indices, Energy, Crypto
Leverage by asset class:
Forex: 100
Indices: 20
Metals:
Crypto: 2
More FAQs about Funding Pips
- Are expert advisors (EAs), news trading, weekend trading, and copy trading allowed at Funding Pips, and which strategies are prohibited?
- What payment methods does Funding Pips accept, and what is its refund policy?
- How do payouts work at Funding Pips, including minimum payout, payout frequency, processing time, and payout methods?
- What is the maximum profit split offered by Funding Pips?
- What leverage does Funding Pips offer for forex, indices, metals, and crypto trading?
- What trading platforms does Funding Pips support, and which broker does it use?
- What are the trading conditions at Funding Pips regarding spread quality, commissions, and slippage policy?
- What trading strategies are prohibited at Funding Pips, is martingale allowed, and are there any lot size limits?
- What type of drawdown does Funding Pips use for its trading accounts?
- What risk management and consistency rules must traders follow at Funding Pips?
- What program types does Funding Pips offer to traders?
- What challenge structure does Funding Pips use for its evaluation process?
- What is the maximum funding offered by Funding Pips, and is a scaling plan available for traders?
- What is the current Trustpilot rating and number of reviews for Funding Pips?
- What program types are available at Funding Pips?
- What are the account limits at Funding Pips, including the maximum number of accounts, account merging rules, and lot size limits?
- Is KYC required at Funding Pips, and at which stage does identity verification take place?
- Are there any restricted countries at Funding Pips?
Guides Where Funding Pips Is Featured
- Prop Firms Offering Metals Trading
- Prop Firms With Match-Trader Platform
- Prop Firms with More Than 15000 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 3.4 or higher
- Top Prop Firms That Accept Clients From Guyana
These guides include Funding Pips alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Funding Pips vs Crypto Fund Trader vs WSFunded - Prop Firm Comparison (March 2026)
Side-by-side comparison of Funding Pips vs Crypto Fund Trader vs WSFunded. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.
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Funding Pips
Funding Pips is an aggressively marketed prop firm offering Instant Funding, One Step, and Two Step evaluations with profit splits up to 100%, but stricter post-funding risk rules and transparency issues mean it suits disciplined, experienced traders more than beginners.
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Crypto Fund Trader
Crypto Fund Trader (CFT) is a Switzerland-based crypto-first evaluation firm operated via SWISS RLCRATES AG that offers 1-phase, 2-phase, Instant and Ascend models with no time limits on standard challenges, trading via MT5, Match Trader and Bybit, simulated allocations up...
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WSFunded
WSFunded (Wall Street Funded) is a simulated prop trading program operated by WSFmarkets Ltd, offering 1-phase and 2-phase forex/CFD evaluations, instant funding models, and dedicated crypto challenges, with an 80% base profit split (scalable up to 95%), strict anti-HFT rules,...
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| Overview | |||
| Trustpilot Rating | 4.5 | 4.4 | 4.3 |
| Trustpilot Reviews | 48,916 | 1,106 | 2,316 |
| Headquarters | United Arab Emirates | Switzerland | Saint Lucia |
| Age (Years) | N/A | 5 | N/A |
| Max Funding | $300,000 | $300,000 | $400,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 100% | 90% | 95% |
| Platforms | MT5 cTrader Match-Trader | MT5 Match-Trader Bybit | MT5 cTrader Match-Trader DXtrade TradeLocker Platform5 |
| Assets | FX Metals Indices Energy Crypto | Crypto Forex Indices Commodities Stocks | FX Commodities Indices Stocks Crypto |
| Leverage | |||
| FX Leverage | 100 | 100 | 30 |
| Metals Leverage | 30 | 100 | 10 |
| Crypto Leverage | 2 | 100 | 1 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossFunding Pips applies model-dependent daily loss limits between 3% and 5% of the account balance.How It Is Applied:Zero (Instant): 3% maximum daily loss with a 1% floating loss cap after funding.One Step: 3% maximum daily loss and 6% max overall loss.Two Step Standard: 5% maximum daily loss.Two Step Pro: 3% maximum daily loss with stricter consistency rules.Breaching the daily loss limit at any moment typically results in account termination. | Maximum Daily LossCrypto Fund Trader calculates daily drawdown based on equity. For standard evaluations, the daily maximum loss is measured from the starting balance at 12:05 AM UTC. CFT lists the default daily limits as 5% on 2-phase evaluations and 4% on 1-phase evaluations.Add-ons may modify certain limits (for example, a 2-phase add-on that increases daily drawdown to 6%). Ascend also adds a specific news window risk constraint (see “News Trading”). | Maximum Daily LossDaily loss rules depend on program type. RAPID uses a 4% daily drawdown; CLASSIC and ULTRA use a 5% daily drawdown. Instant Standard and Instant Pro apply a 3% maximum daily drawdown calculated daily (balance/equity check) and reset on the platform’s daily schedule. Crypto programs use a 3% Daily Cap mechanism that can close positions and lock the account for the day if price movement exceeds the cap from the prior day’s equity reference. |
| Max Total Loss | Maximum Overall LossMaximum overall loss on Funding Pips accounts ranges from 5% to 10% depending on the model.How It Works:Zero: 5% trailing drawdown from the highest equity.One Step: 6% maximum loss relative to starting balance.Two Step Standard: 10% maximum loss.Two Step Pro: 6% maximum loss with tight risk requirements.If your equity falls below the allowed threshold, the account is considered breached even if the violation is brief. | Maximum Overall LossCFT’s standard evaluation structures use different overall loss models:2-Phase: maximum loss is typically fixed at 10% of initial balance.1-Phase: a 6% trailing drawdown applies (equity-based), and once the account exceeds +6% profit, the trailing line locks at the initial balance instead of continuing to trail upward.3-Phase (if selected): CFT states a 5% fixed maximum loss with a 5% daily max loss.Add-ons may increase max loss limits (e.g., a 2-phase add-on raising max loss to 12%). | Maximum Overall LossWSFunded’s overall loss limits vary by product: RAPID has a 6% maximum drawdown; CLASSIC uses an 8% maximum drawdown; ULTRA uses a 10% maximum drawdown (static models). Instant Standard uses a 6% trailing maximum drawdown, while Instant Pro uses a 5% trailing maximum drawdown. Crypto programs publish static maximum drawdown limits (e.g., 6% on One Step Crypto and 9% on Two Steps Crypto). |
| Drawdown Type | Drawdown ModelFunding Pips combines a trailing drawdown on its Zero model with static max loss rules on other accounts.Key Points:Zero accounts use a 5% trailing drawdown plus a 1% floating loss cap once funded.One Step, Two Step Standard, and Two Step Pro use fixed overall loss limits (6% or 10%) relative to starting balance.Drawdown calculations include both closed and open positions.Risk rules can become stricter after funding than during evaluation, so traders must adapt once funded.This structure creates tight but clearly defined loss thresholds, especially on the Zero and Pro models. | Drawdown ModelCrypto Fund Trader’s drawdown enforcement is primarily equity-based. The daily loss limit resets using the account’s starting balance at 12:05 AM UTC. For overall drawdown, CFT uses static/fixed overall loss on 2-phase challenges (e.g., 10% of initial) and a trailing model on 1-phase challenges (6% trailing that later locks at the initial balance after +6% gain).Accounts that breach max daily, max overall, or trailing drawdown are deactivated and the trader is notified by email. | Drawdown ModelRAPID/CLASSIC/ULTRA are built on static drawdown rules. Instant Standard and Instant Pro use trailing drawdown that follows equity highs; after an approved withdrawal, the trailing drawdown is described as locking at the starting balance and does not reset upward due to withdrawals. Crypto programs apply static max drawdown plus a separate daily cap mechanism. |
| Payouts | |||
| Payout Frequency | Payout FrequencyFunding Pips offers flexible payout cycles that vary by model and reward option.One Step and Two Step: Tuesday (60% split), bi-weekly (80%), on-demand (90%), or monthly (100%).FundingPips Pro: Weekly payouts with up to 80% split, increasing through scaling and Hot Seat.Zero (Instant): Bi-weekly payouts at 95% split, with 100% available at Hot Seat.Hot Seat: On-demand payouts with 100% profit split and up to $2M in funded capital.On-demand cycles typically require meeting specific consistency and minimum reward thresholds before requests are approved. | Payout FrequencyIn the final-stage simulation, scholarship requests can be made after at least 15 trading days, or alternatively every 30 calendar days (if rules were not violated). Certain program variants (e.g., 3-phase rules) note a first request possible after 5 trading days, and an add-on may allow eligibility after 7 active trading days.For Instant accounts, CFT also supports a scale milestone: once the account reaches +10% profit, traders can request a “Withdrawal & Update” to both withdraw and double the account size. | Payout FrequencyWSFunded payout timing depends on the program. Commonly, the first withdrawal is allowed after an initial waiting period (e.g., 15 days on CLASSIC/ULTRA and Instant models, and 30 days on RAPID), with recurring withdrawals generally available every 10 days thereafter (from account activation / after the first eligibility window), subject to program rules and minimum requirements.Minimum payout: The published minimum payout threshold is $100, and Instant models also specify the minimum withdrawal as the greater of $100 or 1% of the account’s starting balance. |
| Days to First Payout | 1 | 15 | 15 |
| Payout Processing Time | Payout ProcessingFunding Pips processes most payout requests within 1 to 3 business days once approved. Instant Visa and Mastercard payouts are available and often arrive within about 30 minutes, while crypto withdrawals depend on network conditions and payment providers. During the payout process, trading on the affected account may be temporarily disabled until funds are sent. | Payout ProcessingCFT states that once a scholarship is requested, its team verifies the information and sends payment within 48 business hours. After the payment is sent, CFT states the user receives the scholarship in no more than 24 hours (timing depends on the payment rail). | Payout ProcessingPayout requests are submitted via the dashboard payout form. During payout processing, the linked trading account may be set to view-only mode until finalized. WSFunded states payouts are handled Monday to Friday between 10:00 and 15:00 CET; actual arrival depends on payout rail/provider availability and any compliance checks. |
| Payout Methods | Bank Transfer Crypto Mastercard Riseworks Visa Direct | Bank Transfer (EUR USD) Crypto (USDT ERC20 USDT TRC20 BTC ETH) | Crypto (USDT USDC ETH BTC) Rise (Bank Transfer Crypto) |
| Payments | |||
| Payment Methods | Credit/Debit Card Bank Transfer Skrill PayPal Google Pay Apple Pay Crypto Neteller Paysafe Card | Credit/Debit Card Crypto (11 supported currencies) | Credit/Debit Card (Visa Mastercard) Crypto |
| Trading Permissions | |||
| News Trading | News trading rules at Funding Pips depend on the model and reward cycle.One Step, Two Step, and Pro:Evaluation phase: news trading is allowed.Funded accounts: profits from trades opened less than 5 hours before and closed 5 minutes before or after high-impact news may not be counted toward rewards.On-demand reward cycles can remove some news restrictions, but conditions still apply.Zero Accounts:News trading is not allowed. | News trading is allowed on CFT evaluations according to its FAQ. For Ascend evaluations, CFT adds a news-window constraint: within 2 minutes before and after high-impact news or market opening, accounts must not open/add positions or raise maximum theoretical loss above 2% of initial balance. | News trading is allowed during evaluation phases. In funded simulated accounts (including Instant), WSFunded restricts opening new trades and closing existing trades on instruments affected by red-folder macroeconomic events within an 8-minute window (4 minutes before and 4 minutes after); profits obtained during restricted windows may be deducted. |
| Weekend Trades | Weekend holding rules vary by model.One Step, Two Step, and Pro:Holding trades over the weekend is allowed, subject to normal platform trading hours and gap risk.Zero Accounts:Holding trades over the weekend is not allowed; positions must be closed before market close. | Weekend/overnight holding is generally allowed (CFT states it accepts swing trading strategies and keeping trades open over the weekend). Market availability still follows instrument schedules: crypto trades 24/7 while forex is typically Monday–Friday and other CFDs follow their own market hours. | Weekend trading depends on the market/instrument session. Crypto programs follow crypto venue hours (generally 24/7), while CFD markets follow their normal weekly trading sessions and may be affected by weekend closures and gap risk. |
| Copy Trading | Funding Pips allows controlled copy trading with important limitations.Permitted:You may copy trades between your own Funding Pips accounts under the same individual.Your Funding Pips account may act as a master to external slave accounts via partners such as PropFirmOne, as long as core rules are respected.Not Permitted:Using copy trading arrangements to circumvent risk limits, hedge opposite accounts, or engage in arbitrage-style strategies.All copied activity must comply with Funding Pips risk, consistency, and forbidden strategy rules. | CFT does not present a simple “copy trading allowed” rule in its public FAQ. However, it explicitly restricts multi-account coordination through rules such as the reverse trading/hedging constraints, and it states that copy trading between Ascend accounts is prohibited (including coordinated or mirrored behaviour that cannot be attributed to chance). | Copy trading is heavily restricted. Manual copying between a trader’s own evaluation accounts is permitted only during the evaluation phase and only when account balances differ. Copying between funded accounts (or between funded and challenge accounts), copying between same-balance accounts, or using external copying tools is prohibited. |
| EA Allowed | Expert Advisors (EAs) are allowed at Funding Pips only under strict conditions.Permitted:EAs that function primarily as trade or risk managers on your own accounts.Not Permitted:Third-party or commercial EAs whose logic you do not control.Algorithms designed for latency arbitrage, gap exploitation, or other abusive high-frequency behaviour.All automated trading must reflect your own strategy and respect the firm’s risk and consistency rules. | Automation is partially supported: CFT lists categories of prohibited EA types (notably HFT, tick scalping, arbitrage and demo-environment exploitation). EAs that do not fall into these categories are not explicitly banned in the FAQ, but traders remain responsible for ensuring automation complies with all rules. | EAs/cBots and indicators are allowed on evaluation programs as long as they follow permitted strategies. EAs/cBots are not allowed on Instant plans (Standard/Pro). |
| KYC & Restrictions | |||
| KYC Required | Yes | No | Yes |
| KYC Stage | Funding Pips requires identity verification in line with its payout and compliance procedures. Full KYC is mandatory when using the Rise platform for payouts and may be requested before larger or repeated withdrawals via other methods. Traders should expect to submit standard ID and residency documents before accessing significant profit distributions. | KYC is required as part of the scholarship/withdrawal workflow. After a scholarship request is submitted in the dashboard, CFT states the trader receives a contract to sign and a KYC to complete before funds are sent. (Bybit evaluations may additionally be subject to Bybit’s own KYC rules, which are the trader’s responsibility.) | KYC/identity verification may be required as part of payout/compliance checks (especially when using third-party payout rails such as Rise). Traders should be prepared to provide standard verification documents if requested. |
| Restricted Countries | Iran United Arab Emirates Vietnam | N/A | United States Singapore Russia United Arab Emirates (UAE) Cuba Sudan Somalia Iran Lebanon Syria North Korea Libya Pakistan Vietnam and any other jurisdiction listed by FATF or subject to international sanctions |