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Funding Pips

Funding Pips

★★★★(4.3)

Use coupon code GET20 at checkout to unlock an exclusive 20% discount on all Funding Pips challenge fees, one of the best deals available for aspiring funded traders in 2026

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What Is Funding Pips?

If you've been exploring the world of proprietary trading, chances are you've already come across Funding Pips. Founded in August 2022 and headquartered in Dubai, Funding Pips has rapidly become one of the most recognized names in the prop firm space. As of 2026, the platform boasts over 35,000 verified Trustpilot reviews with an impressive 4.5-star rating — a testament to its growing reputation among retail traders worldwide.

The firm operates on a straightforward premise: traders prove their skills through a structured evaluation, and in return, they gain access to funded accounts backed by Funding Pips' capital. You keep a significant share of the profits. You don't risk your own money on live markets. It's a compelling model, and Funding Pips has leaned into it with trader-friendly features that set it apart from the crowd.

To date, Funding Pips has paid out over $180 million across more than 127,000 verified payouts — numbers that put it firmly among the top-tier prop firms in terms of actual money delivered to traders.


The GET20 Coupon Code: What You Get

Before diving deeper into how Funding Pips works, here's the headline:

Use coupon code GET20 at checkout to receive a 20% discount on your Funding Pips challenge fee.

This code applies to all challenge types — whether you're going for the 1-Step, 2-Step, or Instant Funding model. Given that challenge fees range from as low as $29 to $499 depending on account size and program type, a 20% saving is genuinely meaningful — especially for traders who want to start with a larger account.

How to Apply the GET20 Code

  1. Visit fundingpips.com
  2. Choose your preferred challenge type and account size
  3. Proceed to checkout
  4. Enter GET20 in the coupon/promo code field
  5. Your 20% discount will be applied automatically before payment

That's it. No hoops to jump through. A few seconds at checkout and you're saving real money.


Funding Pips: A Closer Look at the Programs

Understanding what you're buying — even at a discount — matters. Here's a breakdown of Funding Pips' main evaluation tracks:

1-Step Challenge

The 1-Step Challenge is designed for traders who want a faster path to funding. You need to hit a single profit target while staying within the drawdown rules. Once you pass, you move directly to a funded account.

  • Profit Target: 10%
  • Max Daily Drawdown: 5%
  • Max Overall Drawdown: 10%
  • No time limit

2-Step Challenge

The classic two-phase evaluation that most traders will recognize from other prop firms. Phase 1 and Phase 2 each have their own profit targets, after which you receive your funded account.

  • Phase 1 Profit Target: 8%
  • Phase 2 Profit Target: 5%
  • Max Daily Drawdown: 5%
  • Max Overall Drawdown: 10%
  • No time limit

Instant Funding

For traders who don't want to go through an evaluation process at all. You pay a fee and get access to a funded account immediately, albeit typically with a lower initial profit split that scales up over time.


Account Sizes and Profit Splits

Funding Pips offers accounts ranging from $5,000 up to $100,000, with a path to scaling up to $2 million through their Elite ("Hot Seat") program. At the Hot Seat level, traders enjoy a 100% profit split — meaning every dollar of profit goes directly to the trader.

For standard funded accounts, the profit split ranges from 75% to 95%, which is competitive across the industry. Combined with the GET20 discount reducing your entry cost, the risk-reward of getting started has never been more favorable.


Trading Platforms Available

Funding Pips supports multiple platforms to suit different trading styles:

  • MetaTrader 5 (MT5) — Added in 2025, the industry standard for forex and CFD trading
  • Match-Trader — A modern web-based platform with solid tools
  • TradeLocker — Secure platform with a clean interface
  • cTrader — Available with a small surcharge; note that cTrader is not available for US-based traders

All platforms support both desktop and mobile access, so you can manage your funded account from anywhere.


What Can You Trade?

Funding Pips gives you access to 48+ instruments across multiple asset classes, including:

  • Forex pairs (majors, minors, exotics)
  • Indices (with zero commissions)
  • Commodities (gold, silver, oil — also zero commissions)
  • Crypto CFDs

Individual stock CFDs are currently not available, which is worth noting if equities are your primary focus. That said, the instrument coverage is more than sufficient for forex and macro traders.


EA and Algorithmic Trading: A Big Plus

One of Funding Pips' standout features is its support for Expert Advisers (EAs), trading bots, and other automated strategies. Many prop firms restrict or outright ban algorithmic trading, but Funding Pips embraces it — a major win for quant-style traders and those who rely on systematic approaches.

If you've built a strategy and want to deploy it with institutional-sized capital, Funding Pips is one of the few prop firms that won't penalize you for it.


Payouts: Fast and Reliable

Payout speed is often where prop firms fail their traders. Funding Pips, to its credit, has a strong track record here. According to verified community feedback, the majority of payouts are processed within 24 to 48 hours, with some processing almost instantly.

The firm supports multiple withdrawal methods, and with over $180 million paid out to real traders, the payout infrastructure is clearly operational at scale.


Community and Support

Funding Pips has cultivated an active community of over 163,000 members on Discord — one of the largest prop firm communities online. This is a resource worth tapping into: experienced traders share insights, platform guides, and real-time updates on trading conditions.

The firm also maintains an active blog covering trading fundamentals, strategy guides, and platform tutorials, making it accessible even to newer traders who are still finding their footing.

Customer support has generally received positive feedback, with most traders reporting quick response times and effective resolution of issues.


Things to Keep in Mind

No prop firm is without its challenges, and honest coverage requires noting a few:

  • Consistency Rule: Funding Pips enforces a consistency rule, meaning your trading needs to be disciplined and relatively uniform. Large outlier days can trigger scrutiny.
  • 10-Minute Rule: Opening a new position in the same direction within 10 minutes of closing a losing trade is treated as part of the same trade idea — relevant for the 3% risk-per-trade-idea cap.
  • News Trading Restrictions: Some restrictions apply around high-impact news events. Always review the current terms on the Funding Pips website.
  • Funded-Stage Rules: Rules at the funded stage may differ from the evaluation stage. Read the funded account terms carefully before proceeding.

These are standard prop firm considerations, not unique red flags. The key is to go in informed.


Why Use the GET20 Coupon Code?

Let's be direct: prop trading is a competitive skill-building exercise. The evaluation fee is your ticket into the arena. Reducing that cost by 20% with code GET20 means:

  • More attempts at a given account size if you need multiple tries
  • Ability to start at a larger account size for the same budget
  • Lower break-even threshold — you need fewer profitable months to recoup your challenge cost

For a $100,000 account challenge that might otherwise cost $499, GET20 saves you nearly $100 — enough to cover another smaller challenge or simply reduce your overall cost of entry.


Final Verdict

Funding Pips has earned its position as one of the most popular prop firms in the world through a combination of competitive fees, generous profit splits, reliable payouts, and genuine trader-first features like EA support and a scaling path to $2 million. The 4.5-star Trustpilot rating across tens of thousands of reviews doesn't happen by accident.

The GET20 coupon code makes an already accessible firm even more so. If you've been sitting on the fence about starting a funded trading challenge, this is a straightforward way to lower your cost and give yourself more runway to succeed.

Written by: Ankit