If you've been looking into prop firms, you've almost certainly heard the name FundingPips. It's one of the biggest and most talked-about firms out there but is it actually any good? And more importantly, is it safe to trust with your money?
In this honest review, we'll go through everything in plain English: how FundingPips works, what it costs, how fast it pays, and whether it's the right firm for you. No hype, no fluff just the facts you need before you buy a challenge.
What Is FundingPips?
FundingPips is a proprietary trading firm a company that gives traders money to trade with. You prove your skills by passing a challenge, and once you do, they fund you with a real (simulated) account. You then keep most of the profits you make.
The firm was founded in 2022 and is based in Dubai. Since then it has grown fast — really fast. To give you an idea of its size:
- Over $200 million paid out to traders
- More than 127,000 funded traders
- Traders in over 195 countries
- A 4.5 out of 5 rating on Trustpilot from 39,000+ reviews
In short, this isn't some small unknown firm. FundingPips is one of the biggest players in the industry.
How FundingPips Works
Getting funded with FundingPips is simple. You pick a challenge, pass it, and start trading a funded account. They offer three ways to get there, so you can choose what suits you:
- 1-Step — the fastest route. One phase, stricter rules. Good if you're confident and consistent.
- 2-Step — the classic route. A Challenge phase plus a Verification phase. A nice balance.
- 3-Step — the most relaxed. Three easier stages with less pressure. Great for beginners.
Once you're funded, you keep a big share of the profits and this is where FundingPips really shines.
Profit Split: Up to 100%
FundingPips offers a profit split of 60% to 100%, which is among the highest anywhere. The standard split is a generous 95%, and you can push it all the way to 100% through their "Hot Seat" program.
Here's the simple version:
- Start at an 80–95% split on a funded account
- Reach "Hot Seat" status (by trading well over time) and jump to a full 100% split, plus a doubled account and monthly bonuses
Basically, the better and more consistent you trade, the more you keep right up to every single dollar.
How Fast Does FundingPips Pay?
Payouts are processed every Tuesday and usually land within 1–3 business days. Crypto withdrawals tend to be the fastest, while bank transfers can take a little longer (3–7 days) depending on your country.
Your first payout is available after just 7 days on a funded account. And once you reach Hot Seat status, you can request payouts on demand whenever you want. For a firm this size, that's a solid, reliable payout system.
What Does FundingPips Cost?
This is one of the best parts. The cheapest FundingPips challenge starts at just $29 for a $5K account — and with a discount code, it drops even lower.
Account sizes available:
- $5,000
- $10,000
- $25,000
- $50,000
- $100,000
You can trade on MetaTrader 5, cTrader, or Match-Trader, so you're covered whatever platform you prefer.
FundingPips Discount Code 2026
Yes, you can save money on your FundingPips challenge with a discount code. FundingPips regularly offers promo codes that take money off your challenge fee, so you never have to pay full price.
Here's how to use a FundingPips discount code:
- Choose your challenge on the FundingPips website
- Enter the discount code at checkout
- The discount is applied instantly — pay the reduced price
Active FundingPips discount codes give up to 25% off, which can bring the cheapest $5,000 challenge down from $29 to around $22. Codes change from time to time, so always check for the latest verified FundingPips coupon before you buy — and apply it at checkout to lock in the saving.
💡 Tip: Compare FundingPips against other firms' current deals on Propiffy before you buy, so you always get the best available discount.
FundingPips Pros
- One of the highest profit splits available (up to 100%)
- Huge track record — $200M+ paid to 127,000+ traders
- Excellent 4.5★ Trustpilot rating from 39,000+ reviews
- Very cheap entry — from just $29
- Three evaluation types (1-step, 2-step, 3-step) for every skill level
- Multiple platforms (MT5, cTrader, Match-Trader)
FundingPips Cons
- EAs are limited — only allowed for trade/risk management, not full automation, HFT or arbitrage
- Reaching the full 100% split (Hot Seat) takes time and consistent trading
- With so many account options, the rules can feel a bit confusing at first
Is FundingPips Legit?
Honestly? Yes. FundingPips is one of the most trusted prop firms in the industry right now. With over $200 million paid out, 127,000+ funded traders, and a 4.5-star Trustpilot rating from tens of thousands of reviews, it has one of the strongest track records you'll find.
That said, our advice is always the same, no matter how trusted a firm is: start with a smaller account, complete one full payout cycle to see the process for yourself, and read the rules for your specific account type before scaling up. Do that, and you'll trade with confidence.
Frequently Asked Questions
Is FundingPips legit and safe?
Yes. FundingPips has paid out over $200 million to more than 127,000 traders and holds a 4.5-star Trustpilot rating from 39,000+ reviews. It's one of the most established and trusted prop firms available.
How much does FundingPips cost?
Challenges start from just $29 for a $5,000 account. With the FP discount code (25% off), it can come down to around $22.
How fast does FundingPips pay out?
Payouts are processed every Tuesday and usually arrive within 1–3 business days. Once you reach Hot Seat status, you can withdraw on demand.
What's the FundingPips profit split?
The split ranges from 60% to 100%. The standard is 95%, and you can reach a full 100% through the Hot Seat program.
Are EAs allowed on FundingPips?
EAs are allowed for trade and risk management only. Fully automated strategies, HFT, and arbitrage bots are not permitted.
Final Verdict
FundingPips is one of the safest and most rewarding prop firms you can choose in 2026. Its up-to-100% profit split, massive payout track record, and low entry price make it a top pick for both beginners and experienced traders.
The only real thing to watch is the EA restriction if you rely on full automation, this isn't the firm for you. But for everyone else, FundingPips is an easy recommendation.
Compare FundingPips against other verified prop firms on Propiffy before you buy and don't forget to grab a discount code first.