About Funding Pips
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More info Funding Pips
Customer Reviews (11860)
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2 years ago
Stuart Ratke
Not too long ago, Funding Pips was considered one of the best proprietary trading firms. Fast forward to today, and it feels like the complete opposite. At one point, I had a remarkable day where I made $12,800. However, after taking a single trade that resulted in a loss of $3,400, my account was wiped out. I had been in the positive for $23,300 and then, just like that—it was all gone.
I even managed to buy a test and passed it successfully. Yet, after spending about four to five days without trading, I received an email informing me that my account had been permanently closed because I had not operated for 30 days. Honestly, I’m at a loss here. They seem to alter their rules without notifying traders, and it’s unfair to surprise someone with such losses. I can’t recommend this firm any longer; it’s really not worth it.
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2 years ago
Kathlyn Little
This is undoubtedly the best proprietary trading firm of the decade. The customer support provided is impressive and very commendable! 👍
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2 years ago
Murl Pfeffer
I just received my second payout, and it took only one day—how incredible is that? A huge thank you to Funding Pips for making it happen! 🎉
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2 years ago
Arlo Strosin
Today, I found out that my account had been breached due to alleged inactivity. It’s quite intriguing, really. I had executed a trade on the 13th, yet it doesn’t appear in my profile (though it definitely was there). From what I gathered on Discord, there seems to have been a glitch. I’m quite surprised that they don’t clarify whether their inactivity rule counts 30 calendar days or 30 trading days, as those are notably different. To top it off, there was no prior notification.
I attempted to address this issue with their support team, but it felt like they weren’t interested in assisting me.
I used to hold a favorable view of FP despite their shifting rules and even recommended them to friends. However, the way they unceremoniously handled my situation and breached my account leads me to believe that they might not be trustworthy after all.
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2 years ago
Nicklaus Effertz
I experienced a slip of over 15 pips on GBP/USD, which I found quite disappointing. The price was actually 6.7 pips away from my stop loss when the system triggered a fabricated stop loss, ultimately resulting in a loss of about 0.27% of my account—much more than I intended. This situation is really frustrating. I strongly recommend searching for another firm that offers tighter spreads.
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2 years ago
Cecil Dare
This firm is a complete disappointment—best to steer clear if you value your finances. They have a history of breaching accounts without any prior warning, and you’ll find out only once it’s too late. New rules seem to pop up out of nowhere, and they expect you to just accept it as if it’s standard procedure. In my own experience, my account was compromised despite not exceeding daily loss limits or lot size restrictions. It’s just ridiculous. I genuinely feel let down by this operation.
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2 years ago
Noah Herzog
I’m not quite sure what happened with my funding on Pip. My account seems to be stuck with a 4.58% loss, which is quite frustrating. In reality, my daily loss sits around 5%.
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2 years ago
Devin Windler
I purchased the challenge last week and it took about five hours to receive my account credentials. Originally, there was no minimum trading day requirement, so I managed to pass to phase two within just one day. However, they then changed the rules, imposing a minimum of three trading days. I completed this requirement on a Sunday and passed the challenge, only to be informed that my account is now under review. I was told this would take two working days, but today marks the third working day and the only response I’ve received is that it will be reviewed shortly. I really need someone to resolve this issue for me! Furthermore, I’ve heard that they changed the rules without notifying their customers, resulting in many losing their accounts.
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2 years ago
Coby Douglas
There are numerous rules and regulations being implemented without adequate guidance, which has led to a significant number of traders losing their live accounts.
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2 years ago
Sammy O'Connell
This firm was once viewed as a great company, but recent changes have been alarming. In just a matter of days, they’ve implemented a plethora of new rules. For instance, now to withdraw your earnings in just a week, you’re only receiving 60% of the commission—it’s hard to believe.
This situation leads one to wonder if they’re facing financial difficulties or if they might be on a downward trend. It’s quite unfortunate.
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2 years ago
Viviane Koepp
Wow, what a remarkable trading firm!
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2 years ago
Mollie Wiegand
I faced a significant issue that prevented me from closing my trade due to a general platform malfunction. As a result, my Phase 2 account ended up being compromised. Eventually, like many others impacted by the platform glitch, my account was reactivated, but I was shocked to find it back in my possession with a 9% drawdown, despite previously being in profit. I reached out to support in hopes of resolving the matter, but unfortunately, their assistance was ineffective. Agents, including individuals named Marvelous and Miracle, promised to help me rectify my account’s balance for an entire month but ultimately ignored my pleas for help.
Based on this experience, I can confidently say I will not be trading with them again due to their poor support service.
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2 years ago
Billy Balistreri
The experience was generally positive and equitable. I found the approach to trading to be honest and straightforward. It’s refreshing to encounter a firm that prioritizes fairness in its dealings. Overall, I would say the environment felt supportive and just.
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2 years ago
Lolita Zboncak
The website used to be reliable, but recent changes have raised serious concerns about its integrity. On July 1st, a new and unexpected rule was implemented, capping the maximum allowable loss at just 3% per trade. There was no prior notification regarding this change—no email alerts, no updates on Discord, absolutely nothing. As a result, my account was suspended, despite having initially agreed to a daily loss limit of 5%, which meant I consistently operated with a stop loss of 4%.
I’ve attempted to reach out to their support for clarification, yet my efforts have gone unanswered. I’m not alone in this; numerous users on Discord are voicing similar grievances, but there’s been no response from the company. It feels as if we’ve all been taken advantage of.
For anyone considering this platform, I’d strongly advise against it. Based on recent experiences, it seems they will continue to introduce new rules without notice, ultimately to avoid making payouts.
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2 years ago
Syble O'Reilly
This company has a troubling reputation for suddenly altering trading rules, leading to breaches across countless accounts without any prior notice. They argue that it’s not their responsibility to keep clients informed of these changes. If you’re looking for a reliable trading firm, it’s best to steer clear of this one.
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2 years ago
Camden Nienow
I’ve never experienced support quite like this before. It’s honestly the worst I’ve come across. Whenever I reached out for help, the responses were either late or completely unhelpful. It left me feeling really frustrated and unsupported throughout my entire trading journey. I expected better from a trading firm, but this has been a major drawback for me.
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2 years ago
Haley Marquardt
I spent a bit of time working through phases 1 and 2—took me a few days, but I finally made it. Now, I have access to my master account, which is super convenient.
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2 years ago
Kattie Volkman
This is really impressive! The experience has been nothing short of fantastic. The support and resources available are top-notch, making it easier for traders to succeed. I can’t emphasize enough how beneficial it has been to have access to such knowledgeable mentors. Overall, I would definitely recommend this firm to anyone looking to elevate their trading game!
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2 years ago
Trinity Lubowitz
I received an alert stating, “Maximum loss on a single position breached!” which really caught me off guard. This rule isn’t even mentioned in the guidelines provided.
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2 years ago
Vita Breitenberg
When it comes to trading, reliability and trust are essential. This firm truly understands the needs of its traders. They create an environment where traders can feel secure and confident in their decisions. It’s evident that they prioritize building a trustworthy relationship with their clients. Overall, this firm stands out for providing a dependable platform designed specifically for traders.
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2 years ago
Helene Schultz
An outstanding trading firm that truly stands out in the market. I’ve had nothing but a positive experience. Their support team is incredibly responsive, and the trading platforms they offer are top-notch. What impresses me most is their commitment to transparency. It’s a breath of fresh air compared to other companies I’ve dealt with. I can confidently recommend them to anyone looking to step into proprietary trading. Overall, a fantastic choice for traders of all levels.
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2 years ago
Cara Rau
The recent changes in the rules seem to be nothing short of a scam. It feels as if they are cleverly designed to trap new traders.
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2 years ago
Magali Stiedemann
This proprietary trading firm shows promise, but it has the potential to improve significantly if they revisit some of their less effective rules. While there are definitely positive aspects to the firm, the presence of certain unnecessary regulations can hinder the overall trading experience. A more flexible approach could enhance their appeal to traders, allowing them to operate more efficiently and effectively.
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2 years ago
Delbert Nader
The recently implemented high-impact news rule, which prohibits trading for a 10-minute window before and after significant news announcements, is likely the most unfortunate policy the firm has introduced. Numerous opportunities to trade have been missed as a result. Often, high-impact news events occur in quick succession, leaving traders unable to execute trades when they need to. A 10-minute restriction in such a dynamic market feels excessive and detrimental to trading strategies.
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2 years ago
Edwina Raynor
The firm clearly states in their rules that accounts will be suspended after 30 days of inactivity. Unfortunately, my account fell inactive for that period, and they chose to breach it instead. It’s important to note that suspending and breaching are not the same. When you’re unclear about your rules and terms, it raises questions about transparency, which some might even consider fraudulent. An automatic suspension implies that there’s a possibility for reactivation after some time, whereas a breach signifies the account is irretrievably lost.
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2 years ago
Rickie Gislason
The experience has been quite positive overall. Everything seems to be in order, and my trading endeavors have been relatively successful. I appreciate the support I’ve received, which adds to the overall satisfaction. It’s been a good journey so far.
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2 years ago
Pablo Hoeger
Rated 1 out of 5 stars
Funding Pips has unfortunately made it onto the scam list for proprietary trading firms. After trying once more to extend my trust to FP, I found myself deeply disappointed yet again. It’s becoming increasingly clear that Funding Pips might actually be operating as a scam.Firstly, they have changed several rules, seemingly aimed at causing traders to fail their evaluations. I invested in two $5,000 accounts and successfully passed the first evaluations. However, when I was just $50 shy of hitting the profit target for my payout, my margin suddenly dropped to 89%, with no open positions and no pending orders. Attempts to contact customer support left me frustrated; they promised to investigate, but two weeks later, I’m still waiting for a response. I fear I may breach the account soon.
On the second account, I passed the initial evaluation, but in the later stage, my account was breached despite not hitting the daily loss limit. Once again, I reached out to support and, predictably, received no reply.
Take a look at the Discord chat; you’ll see a constant stream of complaints about delayed payments, nonexistent support, and accounts being breached without clear reasons—my experience is hardly unique.
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2 years ago
Janessa Schowalter
Once again, I decided to trust Funding Pips and give them another shot. However, they’ve let me down yet again, and it’s starting to feel like this prop firm has some scam-like tendencies.
Firstly, they’ve made some changes to their rules that seem designed to trip up traders during their evaluations. I purchased two accounts at $5,000 each. I passed the evaluations for the first account without issue, but just as I was nearing the profit target for my payout—only $50 away from hitting $500—my margin inexplicably plummeted to 89%, despite having no open or pending positions. I reached out to support, and they assured me someone would investigate. However, two weeks have gone by without a response, and I’m worried about breaching my account.
As for the second account, I cleared the first evaluation successfully, but during the second one, my account was breached even though I had not hit the daily loss limit. I’m still trying to contact support, but there’s no reply.
If you check their Discord chat, you’ll find a constant stream of complaints about delayed payments, nonexistent support, and mysterious account breaches—just like my experience.
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2 years ago
Leonora Barrows
It’s essential to consider the numerous complaints circulating on Discord before diving in. I only truly understood the issues once I had my own experience. For instance, I observed that a currency pair displayed a spread of 4 pips on the chart, but when I executed my trade, my position was unexpectedly 20 pips off, resulting in a significant drawdown right from the start. I ended up closing the trade with a loss of 2.5%, but their slippage meant the final result was actually -3.5%, which unfortunately triggered a breach of the master account due to the 3% rule. To make matters worse, I found the support team to be quite unhelpful, focusing more on discrediting my concerns than providing assistance. This raises a lot of red flags—one can’t help but feel it’s a scam!
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2 years ago
Clifton Lockman
I received my payout in under six hours!
While numerous individuals are expressing frustration regarding the new payout cycles, I believe it’s mostly those who lack experience and maybe aren’t thinking clearly. Additionally, I’ve seen complaints about having to interview with FP to receive a payout. In my view, this applies mostly to those who are more focused on gambling. Personally, my payout process was seamless, with no questions or doubts whatsoever!
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2 years ago
Cecilia Adams
It’s essential to familiarize yourself with the updated guidelines before engaging with Funding Pips. Honestly, I wouldn’t suggest it, particularly for those just starting out.
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2 years ago
Gordon Rice
This proprietary trading firm offers a solid trading experience, and I have to say, their support team is exceptional! Really, I appreciate all the help they provide. Thank you!
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2 years ago
Carlotta Witting
There are serious signs that FundingPips might be on the brink of going out of business. Believe me, you should pay attention to this.
If you examine their obscure rules and the constant reductions in withdrawals, it’s hard not to feel concerned. It really seems like they’ll be closing their doors before long!
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2 years ago
Clarabelle Romaguera
I encountered an onboarding issue with my account, but after consulting with an agent named Lester, all my concerns were addressed right away. I really appreciate the prompt help!
In my opinion, this is one of the top proprietary trading firms out there, especially when it comes to quick payouts and customer service. That’s been my experience, and I couldn’t be more satisfied!
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2 years ago
Gladys Reichel
Everything was going well until the firm began to implement new rules, updating them solely on their website and failing to notify current traders through email. The 3% per trade regulation should have been communicated directly to traders via emails, or at the very least, a first-time infraction could have warranted a gentle reminder instead of simply deactivating our accounts. This has left me feeling quite disappointed.
UPDATE (11/07/24): I want to share that this firm has reactivated my account today, along with many others, issuing a warning. They reminded us that serious traders are well-supported here and that this firm can be trusted.
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2 years ago
Nick Strosin
When it comes to the profit split on a weekly basis, I have to say that the 60% share feels quite unjust. It’s frustrating because we put in so much effort, yet we only get a limited portion of our earnings. There are also several restrictions that make it even harder for us to thrive. Honestly, with the challenges we face, a 60% split is simply not reasonable at all.
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2 years ago
Brionna Shields
I have been using FundingPips for nearly a year, and in the beginning, it truly stood out as one of the top proprietary trading firms. However, lately, it feels like the company is losing its grip, almost resembling a sinking ship that’s taking its traders down along with it. There have been frequent changes in the rules, and it seems like they arbitrarily revoke funded accounts with claims that often lack any basis.
In my case, they unjustly took away my funded account over what I believe is a baseless claim. When I reached out to support, the responses felt automated, and despite providing evidence to prove my point, no solutions were offered. I even opened another support ticket, but instead of receiving assistance, I was informed that the issue had been resolved. It’s quite frustrating.
I’ve decided to move on from them and don’t recommend their services. It appears that once you start receiving substantial payouts, they become more inclined to find excuses to revoke your funded accounts. Proceed with caution if you’re considering them.
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2 years ago
Claudine Keebler
My trading account was suspended because of a maximum daily loss reported at $244.28, but I noticed that the dashboard only shows a loss of $175.16. The support team explained that there were two overnight trades that actually made a profit, which they used to calculate the equity for the new day. However, those trades were closed at a loss, adding up to a combined decline of $44.82 for both trades. This means the total loss for the account on that particular day should be $219.98, which is still less than the maximum allowed.
To clarify: starting equity was $4885.57, and after the day’s losses, the balance was $4665.59. It seems reasonable to conclude that the balance of $4665.59 makes sense given the daily loss of $219.98. Yet, I can’t quite understand where the alleged violation at $4640.91 came from, as support hasn’t provided any concrete evidence, just vague statements. It’s frustrating to deal with, especially when there’s no clear proof behind these claims.
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2 years ago
Kathryn Harris
I’m not quite sure why my last post was removed, but I assure you, I’m not a bot or here to spam. I’m a real customer of this trading firm.
What I want to emphasize is that if a company is constantly altering its rules, and they start to become increasingly illogical, it’s wise to avoid purchasing any challenges from them. Make sure you request your payouts as soon as possible.
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2 years ago
Katlynn Grimes
Very good! 🫶
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2 years ago
Candido Tillman
Avoid this firm at all costs.
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2 years ago
Saige Larkin
FP was once a standout proprietary trading firm, but recent developments have left much to be desired. They’ve begun altering their policies without proper notification to their clients, which is quite frustrating. Claims that they sent emails about these changes are simply untrue; I certainly didn’t receive any. The newly implemented 3% drawdown rule has been particularly shocking, and there’s been zero communication with traders regarding this adjustment. Just last week, I was enthusiastically recommending FP to friends, only to feel let down by their handling of my funded account. Today was supposed to be the day I requested payment, but the firm’s dashboard indicates a higher risk allowance than the new 3% rule permits, which feels utterly absurd.
We were advised to check the FAQs regularly, as changes can occur without warning. This puts additional pressure on traders; we should be concentrating on trading, not scrambling to keep up with unexpected rule shifts. I’m giving them 2 stars, primarily because they had been a solid prop firm in the past. Right now, though, my trust has diminished. I just saw a response from them claiming they communicated via email and on a blog post, but I have no record of such an email. Plus, who can find time to monitor a blog when focused on trading? Their Discord community is a mess, with many traders caught off guard by the recent changes.
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2 years ago
Yessenia Carroll
I had an incredibly frustrating experience with this trading firm. During my sixth challenge, I found that they altered important rules without any notification. I absolutely will not purchase from them again—it feels like a complete scam.
What struck me as particularly absurd was that I originally bought an account with no three-day limit, a 60% profit split, no lot size limit, no 3% maximum loss per trade, and no two-minute news trading window. Suddenly, they changed all of this without informing anyone. The live chat support was unresponsive for ten hours, and when it came to payouts, they delayed them while insisting on a “risk interview,” even if you hadn’t violated any rules. If you traded with just a 2-3% risk, they would label you a toxic trader and ban you from the platform.
Initially, I had faith in this company as their service seemed excellent, but now it appears to be deteriorating rapidly.
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2 years ago
Demarco Jenkins
Recently, there have been concerning changes regarding payouts and rules at this trading firm. Each day seems to bring new regulations, often without prior notice. This situation feels reminiscent of what happened with TFT, leading one to wonder about their longevity. They’ve also introduced the 3% rule; initially, it was said to apply only to master accounts, but now it seems to extend to evolution phases as well. If you’re considering purchasing any challenges, I strongly advise against it. Don’t just take my word for it—hop onto their Discord server, spend about ten minutes scrolling through the messages, and you’ll quickly grasp the situation. Thank you.
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2 years ago
Jackeline Kirlin
This is yet another unfavorable review for this trading firm. I reported the company to the FCA today after being ignored for several days. They alter the rules without notifying traders and then completely disregard your emails when you request a refund. It’s best to steer clear of this firm; it is arguably the worst proprietary trading firm in the industry.
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2 years ago
Delmer Stehr
The firm has a guideline that indicates, “Your single loss in a position shouldn’t exceed 3% of your balance.” I started with a balance of $105,290, but I experienced a loss of $3,090, which led to them marking my account as breached. Even though 3% of $105,290 amounts to $3,158, they still flagged my account as being in violation of their rules.
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2 years ago
Lowell Gerlach
I recently purchased a new challenge, but I didn’t receive any confirmation email or credentials even after three hours. Honestly, if you care about your money, I’d advise against buying new challenges.
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2 years ago
Wilbert Wisozk
The firm has a habit of altering the rules at seemingly any time. It’s quite frustrating for traders who are trying to adapt their strategies. Just when you think you’ve got a handle on their requirements, they shift the goalposts. This inconsistency can make it difficult to feel secure in your trading. It’s essential for a trading environment to maintain a level of stability, yet here, it feels like you’re always on your toes. Overall, while the firm has potential, the frequent rule changes can leave you feeling unsettled and cautious about your next move.
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2 years ago
Karen Klocko
The firm reportedly changed its rules without informing their clients. Based on my experience, I was within my channel and hadn’t hit the daily loss limit nor the total loss limit. Yet, unexpectedly, they closed my account. Honestly, I foresee this being one of the lesser trading firms in the future. I would advise against purchasing any challenges from them.
May Stroman
I preferred the previous rules and regulations. It seems like they’re constantly changing both the rules and the fees. Since the introduction of the three-step system, the price for the two-step has increased significantly. Initially, payouts were allowed at any time with an 80% cut, but that changed to every Tuesday with the same percentage. Now, they’ve further altered it to a 60% payout every Tuesday, 80% bi-weekly, and a full 100% once a month.