Verified rules
Drawdown · what kills you
The daily limit is a % of the HIGHER of the day's opening balance or equity (a big overnight floating gain raises your floor), and max loss is static except on Zero, whose 5% trailing line locks at breakeven.
Daily loss
Hard daily limit of 3–5% by model on the higher of opening balance or equity — an equity touch closes the account instantly, even with the trade still open.
Consistency
Three distinct mechanisms: a 35% score for On-Demand payouts, a 15% best-day cap on Zero, and a concentration policy imposing a permanent 4-profitable-day gate if one trade idea exceeds 60% of the target.
Targets & min days
Two phases: 8% ($4,000) and 5% ($2,500), minimum 3 days; 10% ($5,000) max overall loss, 5% daily.
Payouts & split
You trade split for cadence: 60% weekly, 80% bi-weekly, 90% on-demand (behind the 35% consistency gate) or 100% monthly, with the first payout 7 days after your first trade.
Pricing
$50K 2-Step Standard: one-time ~$299, no monthly fee; frequently discounted.
News trading
On the standard models the evaluation stage has no restriction on holding trades, but deliberately trading the news is prohibited and closes the account. On the funded Master account, any trade opened or closed within 5 minutes either side of a red-folder release on the affected currency loses its ENTIRE profit - not just the part earned in the window - unless the position was opened at least 5 hours before the event. FundingPips Zero is stricter: no position may be opened, closed or even held within 10 minutes either side, and that is a hard breach.
Change history
1 Step Flex launched — 12% static drawdown, 1-day pass, 85% split
New single-phase challenge: 12% static max drawdown (never trails your profits), 3% daily loss, 12% target, no minimum days, 85% bi-weekly split. No consistency rule unless one trade idea exceeds 60% of profit (then 4 profitable days). Sizes $5K–$100K. Launch code HELLO (10% off) per FundingPips' own X ad.
SourceNew Profit Concentration Policy: one trade idea >60% of target locks in a permanent 4-day gate
On accounts of $25K+ created on/after 2026-06-27, if a single trade idea accounts for more than 60% of the profit target, the Master Account permanently requires 4 profitable days (+0.5% each) before every reward.
SourceWeekend holding 'temporarily' banned on all Master Accounts
From 2026-01-29 all 1/2-Step Master Accounts lose weekend holding (auto-close Friday, not a hard breach); evaluation phases keep it — a rule labeled 'temporary' that remains live, a rule-stability warning sign.
SourceMT5 restored under a direct MetaQuotes license after a 13-month hiatus
FundingPips regains MetaTrader 5 under a direct MetaQuotes license (not a broker white-label), ending the gap opened in February 2024.
SourceSplit-for-cadence payout menu introduced: 60% weekly to 100% monthly
The 2 Step Standard starts offering the Tuesday-weekly 60% / bi-weekly 80% / on-demand 90% / monthly 100% choice; the introduction date is undocumented on firm pages.
SourceMetaQuotes revokes its MT5 access amid the prop-firm crackdown
MetaQuotes pulls MT5 access (the case dubbed a possible 'end of MT access to US clients'); the firm migrates to cTrader/Match-Trader for ~13 months and US-client access is affected.
SourceFundingPips public launch
Public launch announced via press release in February 2023.
SourceVerifondeo verdict
A score computed from four verified inputs — not an opinion. Weights are shown and it recomputes when the data changes.
Head to head
This firm against every same-market rival, rule by rule, with each one's true cost.