Overview
Funding Pips is a cutting-edge proprietary trading firm headquartered in Dubai. Specializing in CFD trading across various assets, including commodities, energies, currencies, cryptocurrencies, and indices, the firm offers traders access to evaluation (demo) accounts. Designed by traders for traders, Funding Pips provides standout features like up to 100% profit splits and fast payouts, making it a top choice for ambitious traders.Things we didn't like:
10% Max Loss Limit on Accounts$10 Withdrawal Processing Fee
No swap free accounts
Why would you want an alternative to FUNDING PIPS?
You might seek an alternative to Funding Pips due to several key drawbacks. First, their high fees and hidden charges, including monthly subscriptions, platform fees, and withdrawal costs, can quickly diminish your profits. Additionally, Funding Pips imposes overly strict trading rules, such as rigid drawdown limits and unrealistic profit targets, making it difficult to maintain an account. Their limited payout options further add to the frustration. These factors make it worth exploring other proprietary trading firms that offer more transparent fees, flexible rules, and faster, more accessible withdrawals.
What other users do not like about Funding Pips
Funding Pips TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, Funding Pips has currently 13.6k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.40/5.00.
Main Complains according to the Users' Reviews
- Lack of Flexibility for Successful Traders
What to look for in a FUNDING PIPS Alternative?
When seeking an alternative to Funding Pips, consider the following factors to ensure a more favorable trading experience:
- Transparent Fee Structure: Look for firms that clearly outline their fees with no hidden charges. Opt for platforms that offer straightforward, lower registration fees and minimal ongoing costs.
- Flexible Trading Rules: Choose an alternative that has less restrictive trading rules. Look for firms with more lenient drawdown limits and realistic profit targets to accommodate various trading strategies and market conditions.
- Varied Payout Options: Ensure the alternative offers diverse and convenient payout options with quicker processing times and minimal fees. This will enhance your ability to access your profits efficiently.
- Reasonable Costs: Investigate whether the firm has reasonable initial and ongoing costs. Avoid companies that impose excessive monthly subscription fees or additional charges for basic services.
Best FUNDING PIPS alternatives – Proprietary Trading Firms like (or better than) FUNDING PIPS
Rating breakdown
Things we liked:
Unlimited time for completionReal Funding and Daily Payouts
Things we didn't like:
High challenge difficultyFunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
Rating breakdown
Things we liked:
No Trading RestrictionsMetaTrader4, MetaTrader5
Things we didn't like:
Minimum Trading DaysTrailing Drawdown
FXIFY Overview
FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.
Rating breakdown
Things we liked:
No restrictions on trading styleOvernight and weekend holding allowed
Things we didn't like:
Minimum 5 trading daysFundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.