Is KYC required at Funding Pips, and at which stage does identity verification take place?
💡 Answer
Is KYC Required at Funding Pips?No
At what stage traders must go through identity verification at Funding Pips?
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.
Full details on the identity verification process and required documents are available on Funding Pips official website.
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 assets and markets can traders trade at 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?
- Are there any restricted countries at Funding Pips?
Guides Where Funding Pips Is Featured
- Prop Firms Offering Crypto Leverage of 1:2 or Higher
- Prop Firms Offering Crypto Trading
- Prop Firms Offering FX Leverage of 1:100 or Higher
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:20 or Higher
- Prop Firms Offering More Than $300k in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 5 Years in Operation
- Prop Firms with More Than 1500 Trustpilot Reviews
- Prop Firms With MT5 Platform
- Prop Firms With Trustpilot rating of 4.4 or higher
- Top Prop Firms That Accept Clients From Ecuador
These guides include Funding Pips alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Funding Pips vs Top One Trader vs Mubite - Prop Firm Comparison (September 2026)
Side-by-side comparison of Funding Pips vs Top One Trader vs Mubite. 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 September 2026.
|
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.
|
Top One Trader
Top One Trader is a fast-growing prop firm offering simple 1-step and 2-step evaluations plus instant funding and Instant Prime accounts, with low-cost challenges, straightforward rules, EquityShield risk protection and profit splits that can reach 100% while scaling up to...
|
Mubite
Mubite (Mubite s.r.o., Prague, Czech Republic) is a crypto-native prop firm that funds traders exclusively on cryptocurrency futures — 700+ USDT perpetual markets via Bybit and Cleo, leverage up to 1:100. It offers Two-Step, One-Step and Instant Funding routes across...
|
|
|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.5 | 0 | 0 |
| Trustpilot Reviews | 68,863 | 0 | 0 |
| Headquarters | United Arab Emirates | United States | Czech Republic |
| Age (Years) | 6 | 3 | 1 |
| Max Funding | $300,000 | $5,000,000 | $200,000 |
| Profit Split Start | 80% | 60% | 70% |
| Profit Split Max | 100% | 100% | 90% |
| Platforms | MT5 cTrader Match-Trader | MT5 cTrader Match-Trader TradeLocker | Bybit Cleo |
| Assets | FX Metals Indices Energy Crypto | FX Metals Indices Commodities Crypto | Crypto futures only — BTC ETH & altcoin USDT perpetuals (700+ markets) |
| Leverage | |||
| FX Leverage | 100 | 50 | 0 |
| Metals Leverage | 30 | 10 | 0 |
| Crypto Leverage | 2 | 2 | 100 |
| 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 LossDaily loss limits at Top One Trader are simple but strict: 1-Step and 2-Step accounts usually have a 4% daily loss cap, Instant Funding has a 3% daily loss limit and Instant Prime applies an even tighter 2.5% profile tied to the ESS metric.The daily limit is generally calculated on equity and includes both closed and floating losses; if equity falls beyond the allowed percentage in a single day, the account is considered in breach even if the loss is later recovered. | Daily Loss LimitMubite applies a daily loss limit on its evaluation programs:One-Step: ~4% of account size.Two-Step: ~5% of account size.Per-dollar amounts are not published per account size. Mubite’s Terms also reference a maximum 5% daily stop-loss on the initial balance and a maximum 3% risk per trade. Confirm the exact daily limit for your chosen account in writing. |
| 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 LossOverall loss caps depend on the program: 1-Step FLASH uses a 7% trailing max drawdown, 2-Step PRO uses an 8% static max loss from the starting balance, Instant Funding runs with a 6% trailing drawdown and Instant Prime typically keeps a 5–6% trailing max loss.For trailing accounts, the max loss tracks the highest equity until a payout is taken, at which point the level locks at the initial balance; breaching the max loss at any time results in losing the account. | Maximum / Overall DrawdownOne-Step: ~6% of account size.Two-Step: ~8% of account size.Instant Funding: ~10%, tightening to ~5% once the account reaches +5% profit.Drawdown is described as measured from the starting balance. The exact basis (balance vs equity, intraday vs end-of-day) is not clearly documented on Mubite’s site — verify before trading. |
| 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 ModelTop One Trader combines static and trailing drawdown models. 2-Step PRO accounts use a simple static 8% max loss from starting balance, while 1-Step FLASH, Instant Funding and Instant Prime rely on trailing max drawdown that follows peak equity and then locks at the starting balance when a payout is requested (Lock Upon Payout rule).The EquityShield risk engine helps enforce these limits by monitoring symbol-level and overall open risk and automatically closing trades if thresholds are exceeded. | Drawdown ModelMubite describes its drawdown as calculated from the starting account balance (static-style) rather than a trailing model. However, the firm does not clearly state whether the limit is evaluated intraday or end-of-day, or against balance vs equity. Because some reviewers report rules being enforced at the withdrawal stage, get the exact drawdown calculation confirmed in writing. |
| 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 Frequency1-Step and 2-Step challenge accounts pay out bi-weekly by default, with add-ons available for weekly or instant payouts after the first withdrawal. Instant Funding normally pays monthly, while Instant Prime offers bi-weekly payouts, again with minimum profit of 2% of the initial balance required to request a withdrawal.Profit splits typically start at 80–90% on challenge accounts, 60% on Instant Funding and 80% on Instant Prime, stepping up over successive payouts until they reach as high as 90–100% for long-term, consistent traders. | Payout FrequencyOne-Step / Two-Step (funded): on-demand payouts once your account is approved.Instant Funding: first payout 14 days after your first trade, then bi-weekly.Reviewers note a per-request payout cap of around 5% of account size. KYC must be completed before any withdrawal. |
| Days to First Payout | 1 | 30 | 14 |
| 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 ProcessingPayouts are requested through the Top One Trader dashboard and are routed via Rise (Riseworks) to bank transfer or cryptocurrency. Approved withdrawals are often processed within about 24 hours, although exact timing can vary with the chosen method, weekends and additional compliance checks. | Payout ProcessingMubite advertises fast crypto payouts, typically processed within 24 hours (some funded traders report minutes to a few hours). Payouts are sent in cryptocurrency (USDT). Note: independent reviewers have flagged isolated reports of payout denials tied to after-the-fact rule reviews — keep clean records of your trades. |
| Payout Methods | Bank Transfer Crypto Mastercard Riseworks Visa Direct | Bank Transfer Crypto via Rise (Riseworks) | Cryptocurrency (USDT) |
| Payments | |||
| Payment Methods | Credit/Debit Card Bank Transfer Skrill PayPal Google Pay Apple Pay Crypto Neteller Paysafe Card | Credit Card Crypto | Credit/Debit Card Cryptocurrency |
| 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 rules depend on the program. Evaluations are typically more flexible, but on funded and instant accounts it is prohibited to open, modify or close positions within 5 minutes before or after designated high-impact news on the affected instrument. Instant Prime provides more flexibility when combined with relevant add-ons, but bracket-style and pure spike-catching news strategies are still not allowed. | Restricted. Mubite’s FAQ lists news trading among prohibited activities, although its marketing pages imply flexible API trading. Because this is stated inconsistently across Mubite’s own pages — and rules are reportedly checked at withdrawal — treat news trading as not permitted unless support confirms otherwise in writing for your account. |
| 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. | Overnight and weekend holding is allowed on 1-Step FLASH and 2-Step PRO accounts subject to normal swap charges. Instant Funding accounts require a weekend add-on to hold trades over the close; without it, positions should be closed before markets shut to avoid soft or hard breaches. | Allowed. Crypto markets trade 24/7, so Mubite permits holding positions overnight and through weekends. Be mindful of perpetual funding costs on held positions. |
| 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. | Manual copy trading is allowed only between your own challenge accounts on supported platforms, and not on funded or instant funded accounts. Copying between different users, mirroring trades across large groups of accounts or hedging between accounts and firms is prohibited. Violations can lead to profit removal, account resets or termination. | Not allowed. Mubite’s FAQ and Terms prohibit copy trading, mirroring, account rolling, group/coordinated trading, and third-party account management unless explicitly approved by the firm. |
| 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. | Expert Advisors are allowed on 1-Step FLASH and 2-Step PRO evaluation accounts provided they are customised to the trader, fully disclosed and not commercial grid, martingale, latency or arbitrage systems. EAs are not permitted on funded and instant accounts, where trading is expected to be manual or semi-manual under the firm’s risk rules. | Restricted. Mubite’s marketing highlights Bybit API access, but its FAQ and Terms prohibit trading bots, high-frequency/latency strategies, and AI/algorithmic systems that create an “unfair advantage.” Manual API order entry is fine; automated bots are not permitted without approval. Confirm your setup with support first. |
| KYC & Restrictions | |||
| KYC Required | No | No | No |
| 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. | Top One Trader applies standard KYC and AML checks. Traders must complete identity verification and, where required, provide proof of address or other documents before receiving funded accounts and before withdrawals are processed through Rise and other payment providers. | KYC is required before your first withdrawal. You can start trading on the connected Bybit/Cleo account without completing KYC, but identity verification (valid photo ID) must be passed before any payout is released. Verification typically takes ~48–72 hours. |
| Restricted Countries | Iran United Arab Emirates Vietnam | Afghanistan Albania Algeria Armenia Azerbaijan Crimea (Region of Ukraine) Cuba Iran Iraq Kazakhstan Kuwait Lebanon Libya Macedonia Morocco Pakistan Russia Somalia Sudan Syria Turkey Ukraine Vietnam | Iran North Korea Myanmar Russia Belarus plus any jurisdiction under applicable international sanctions |
Funding Pips
Top One Trader
Mubite