Which countries are restricted from trading with Funding Pips?
💡 Answer
Traders from given below countries are not allowed at Funding PipsIran, United Arab Emirates, Vietnam
For the most current list of accepted and restricted countries, check Funding Pips official website as eligibility can change based on regulatory updates.
More FAQs about Funding Pips
- What trading styles are permitted at Funding Pips, including EAs, news trading, weekend trades, and copy trading?
- How can traders pay for accounts at Funding Pips, and are refunds available?
- What are the payout rules at Funding Pips, such as minimum withdrawal, payout frequency, processing time, and 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?
- Which trading platforms are available at Funding Pips, and who is the underlying broker?
- How does Funding Pips handle spreads, commissions, and slippage during trade execution?
- Which trading strategies are restricted by Funding Pips, does the firm allow martingale trading, and are lot size limits enforced?
- What drawdown model is applied at Funding Pips?
- 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?
- How many accounts can a trader hold at Funding Pips, is account merging allowed, and are there lot size limits?
- Does Funding Pips require KYC, and when are traders asked to complete verification?
Guides Where Funding Pips Is Featured
- Prop Firms Offering Crypto Leverage of 1:2 or Higher
- Prop Firms Offering FX Leverage of 1:75 or Higher
- Prop Firms Offering Indices Trading
- Prop Firms Offering Maximum Profit Split of 90% or Higher
- Prop Firms Offering Metals Leverage of 1:25 or Higher
- Prop Firms Offering More Than $300k in Funding
- Prop Firms Offering Profit Split Starting at 75% or Higher
- Prop Firms With At Least 4 Years in Operation
- Prop Firms with More Than 2000 Trustpilot Reviews
- Prop Firms With MT5 Platform
- 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 Funded Firm vs Eightcap Challenges - Prop Firm Comparison (April 2026)
Side-by-side comparison of Funding Pips vs Funded Firm vs Eightcap Challenges. 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 April 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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Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto),...
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Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
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| Overview | |||
| Trustpilot Rating | 4.5 | 0 | 4.1 |
| Trustpilot Reviews | 53,533 | 0 | 3,663 |
| Headquarters | United Arab Emirates | United Kingdom | Seychelles |
| Age (Years) | 6 | 2 | 1 |
| Max Funding | $300,000 | $100,000 | $600,000 |
| Profit Split Start | 80% | 90% | 80% |
| Profit Split Max | 100% | 100% | 90% |
| Platforms | MT5 cTrader Match-Trader | mt5 | mt4 mt5 tradelocker |
| Assets | FX Metals Indices Energy Crypto | Forex Precious Metals Indices Energies Cryptocurrencies | FX Commodities Indices Crypto US Stocks (Day Trader only) |
| Leverage | |||
| FX Leverage | 100 | 100 | 100 |
| Metals Leverage | 30 | 100 | 20 |
| Crypto Leverage | 2 | 50 | 3 |
| 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. | 3–5 | Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier. |
| 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. | 6–10 | Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options). |
| 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. | Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) | Balance-based (Daily from previous-day balance; Max fixed from initial balance) |
| 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. | Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. | Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge. |
| Days to First Payout | 1 | 7 | 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. | 1 | Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required. |
| Payout Methods | Bank Transfer Crypto Mastercard Riseworks Visa Direct | Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 | Crypto International Bank Transfer |
| Payments | |||
| Payment Methods | Credit/Debit Card Bank Transfer Skrill PayPal Google Pay Apple Pay Crypto Neteller Paysafe Card | UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) |
| 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 all account types. Traders may open and close positions during high‑impact news releases. | Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades. |
| 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 without restrictions. | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. |
| 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. | Copy trading and mirroring strategies across accounts are prohibited. | Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address. |
| 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 (EAs) and automated trading tools are not allowed. | Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage. |
| 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. | KYC/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. | Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya |
| Restricted Countries | Iran United Arab Emirates Vietnam | No specific list of restricted countries is published but services may not be available in sanctioned jurisdictions such as North Korea Iran Syria and other high‑risk regions. | Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen |
Funding Pips
Funded Firm
Eightcap Challenges