FundingPips Review 2026: multi-program prop firm with Hot Seat 100% split
As of July 2026, FundingPips is a prop firm founded in 2022 in Dubai (UAE). It offers Zero, 1-Step, 2-Step Standard/Pro/Flex, stackable accounts from $5,000 to $200,000 with a $400,000 simultaneous aggregate cap (evaluation + Master, no single $400K challenge), Hot Seat scaling up to $2,000,000, and a profit split from 60% to 100%. The New Era payout line delivers near real-time withdrawals. Static drawdown on most programs, three platforms (MetaTrader 5, cTrader, MatchTrader), and over $200M in reported payouts. It is not regulated, unlike RaiseMyFunds (FSCA, licence no. 50506).
What is FundingPips?
FundingPips is a prop firm founded in 2022 and based in Dubai, United Arab Emirates. Despite its relative youth, it has quickly positioned itself as a serious player thanks to a diversified offering (Zero, 1-Step, 2-Step Standard/Pro/Flex) and a progressive reward system culminating in the Hot Seat at 100% profit split.
What sets FundingPips apart is the variety of its payout options and the New Era line, which brings withdrawals closer to near real-time payouts. Unlike most prop firms that offer a fixed profit split, FundingPips allows traders to choose between weekly withdrawals (60%), bi-weekly (80%) or on-demand (90%). The Hot Seat status, accessible after 16 successful cycles, grants a 100% split.
Accounts range from $5,000 to $200,000 per challenge, stackable up to a $400,000 simultaneous aggregate cap (evaluation and Master accounts combined). There is no single $400,000 challenge — capital is built by stacking multiple accounts.
FundingPips provides access to three trading platforms (MetaTrader 5, cTrader, MatchTrader), offering a flexibility that is rare in the industry. Markets covered include forex, indices, metals, energies and cryptocurrencies, with leverage up to 1:100.
It is important to note that FundingPips is not regulated by any financial authority. Unlike RaiseMyFunds which holds an FSCA licence (no. 50506), FundingPips operates without official regulation.
FundingPips programs
2-Step Standard
The 2-Step Standard is the classic challenge at FundingPips. Phase 1 requires an 8% profit target and Phase 2 requires 5%. The daily drawdown is limited to 5% and the maximum drawdown to 10%. It is the most balanced program, suited to the majority of traders.
2-Step Flex
The 2-Step Flex offers relaxed conditions compared to Standard, with more flexible drawdown and target rules. It suits traders who prefer extra room during evaluation.
1-Step
The 1-Step program simplifies the process with a single evaluation stage. The profit target is 10%, with a 5% daily drawdown and 6% maximum drawdown. The tighter drawdown compared to the 2-Step compensates for the faster access to the funded account.
2-Step Pro
The 2-Step Pro is designed for experienced traders. Targets are 6% in Phase 1 and 6% in Phase 2, with a 3% daily drawdown and 6% maximum drawdown. Conditions are more demanding, but the rules are more precise and predictable.
Zero (instant funding)
The Zero program offers immediate access to capital without any prior challenge. However, it uses a trailing equity drawdown, making it significantly more restrictive than other programs. This program is only recommended for highly experienced traders with impeccable risk management.
Trading conditions in detail
| Parameter | Details |
|---|---|
| Company | FundingPips |
| Regulation | Not regulated |
| Founded | 2022 (Dubai, UAE) |
| Programs | Zero, 1-Step, 2-Step Standard/Pro/Flex |
| Account size | $5,000 to $200,000 |
| Simultaneous aggregate cap | $400,000 (eval. + Master) |
| Hot Seat scaling | $2,000,000 |
| Profit split | 60% to 100% (Hot Seat) |
| Payouts | Weekly / bi-weekly / on-demand; New Era near real-time |
| Drawdown (2-Step) | 5% daily, 10% max |
| Drawdown (1-Step) | 5% daily, 6% max |
| Drawdown (2-Step Pro) | 3% daily, 6% max |
| Drawdown type | Static (except Zero: trailing) |
| Leverage | Up to 1:100 |
| Platforms | MetaTrader 5, cTrader, MatchTrader |
| Markets | Forex, indices, metals, energies, crypto |
| News trading | Restricted on funded accounts |
| Expert Advisors (EA) | Allowed |
| Trustpilot | 4.5/5 |
| Total payouts | $200M+ reported |
Pros and cons
- Multiple programs (Zero, 1-Step, 2-Step Standard/Pro/Flex) for different profiles
- Profit split can reach 100% through the Hot Seat system
- New Era near real-time payouts, alongside weekly/bi-weekly/on-demand options
- Static drawdown on most programs (more favorable than trailing)
- Three platforms available (MetaTrader 5, cTrader, MatchTrader)
- Leverage up to 1:100, among the highest on the market
- Stackable accounts up to $400,000 aggregate; Hot Seat scaling to $2,000,000
- Expert Advisors (EAs) allowed
- Over $200M in reported payouts
- Not regulated by any financial authority (unlike RaiseMyFunds, FSCA licence no. 50506)
- News trading restricted on funded accounts
- Zero program highly restrictive with trailing equity drawdown
- Relatively young prop firm (founded in 2022)
- Base profit split of 60% on weekly withdrawals, lower than some competitors
- Hot Seat difficult to achieve (16 cycles + 40% cumulative profit)
Our scores by criteria
The FundingPips Hot Seat system
The Hot Seat is the ultimate reward program at FundingPips, and one of the most ambitious systems in the prop firm industry. It rewards the most consistent and high-performing traders with a 100% profit split and capital scaling up to $2,000,000.
Do not confuse this Hot Seat scaling ($2,000,000) with the simultaneous allocation cap: as of July 2026, FundingPips limits aggregate capital (stacked evaluation and Master accounts) to $400,000 in parallel. Individual accounts range from $5,000 to $200,000; there is no single $400,000 challenge.
To access the Hot Seat, a trader must meet two conditions: completing 16 successful payout cycles and accumulating 40% cumulative profit. These conditions are demanding and require several months of consistent, profitable trading.
The progressive profit split system works as follows: 60% for weekly withdrawals, 80% for bi-weekly, 90% for on-demand, and 100% at Hot Seat status. Traders can choose the withdrawal frequency that best matches their strategy and cash flow needs.
Who is FundingPips for?
FundingPips caters to several trader profiles thanks to the diversity of its programs.
The intermediate trader will find in the 2-Step Standard a balance between accessible targets (8%/5%) and reasonable drawdown (10%). It is the most suitable program for a first prop firm experience.
The trader in a hurry can opt for the 1-Step with a single 10% stage, at the cost of a tighter 6% maximum drawdown. Access to the funded account is faster if the trader has a solid strategy.
The experienced, precise trader will appreciate the 2-Step Pro with its demanding but predictable conditions (3% daily drawdown, 6% maximum). This program suits traders with a well-defined edge and rigorous money management.
The Zero program (instant funding) is only recommended for highly experienced traders due to its trailing equity drawdown, which makes risk management significantly more complex.
FundingPips vs the competition
| Criteria | FundingPips | RaiseMyFunds | FTMO |
|---|---|---|---|
| Regulation | Not regulated | FSCA (licence no. 50506) ✓ | Not regulated |
| Model | Zero, 1-Step, 2-Step Std/Pro/Flex | Instant Funding | 2-step challenge |
| Simultaneous capital cap | $400,000 aggregate (Hot Seat scaling $2M) | $400,000 | $2,000,000 |
| Max profit split | 100% (Hot Seat) | 85% | 90% |
| Platforms | MT5, cTrader, MatchTrader | MT5 | MT5, cTrader |
| News trading | Restricted (funded accounts) | Allowed | Restricted |
RaiseMyFunds remains the only prop firm in this comparison regulated by an official financial authority (FSCA, licence no. 50506). For traders who prioritize regulatory security, this is a decisive advantage. FundingPips distinguishes itself through the variety of its programs, the choice of three platforms and its Hot Seat system at 100% split.
Final verdict
A flexible prop firm with an ambitious reward system
FundingPips offers good value with Zero, 1-Step, 2-Step Standard/Pro/Flex, three trading platforms, New Era near real-time payouts and a progressive profit split culminating at 100% (Hot Seat). The $400,000 aggregate cap and $2,000,000 Hot Seat scaling serve different needs: stacking accounts vs long-term progression. Static drawdown on most programs remains a real advantage. Restrictions on news trading and the lack of financial regulation are the main weaknesses. For traders who prioritize regulatory security, RaiseMyFunds (FSCA regulated, licence no. 50506) remains the primary alternative to consider.
Access FundingPips →Sources & Methodology
This review is based on real testing by our analyst team, official website consultation, terms and conditions analysis, regulatory status verification with relevant authorities, and user reviews from Trustpilot and specialized forums. Our complete methodology is detailed on our methodology page. Last verified: July 2026.