CFD / FX
FundingPips 2 Step
Standard · $100,000 account
Selected public offer only. Buyer eligibility and other variants are outside this comparison.
Sources checked 19 September – 24 October 2026. Reviewed by a site member and AI assistants. Release pfw-release-2026-10-24-pilot-2, approved 24 October 2026. Each source shows the date it was last checked.
Costs
List price
List price: $652 one-time
Conditions and limits. $652 one-time registration fee for the $100,000 account, in US dollars; refunded with the 4th reward on the Master Account.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 23 October 2026); FundingPips · Help: Understanding Trading Mechanics (checked 20 October 2026).
About this rule. The advertised base price of the selected account and how it is billed. A temporary public offer, available without a code, is shown beside it with any conditions the firm states, while a recent check confirms it; codes, optional purchases and unverified buyer charges are excluded.
Compare this rule across accounts
Read the guide: What are you buying when you pay for a challenge?
Fee per $1,000 of opening risk
Fee per $1,000 of opening risk: $65.20
Conditions and limits. The checkout total with MetaTrader 5 or MatchTrader; cTrader adds $20. The price can be paid in USD, EUR, GBP, CHF, CAD or INR, and payment-method fees can vary.
How this is calculated. (List price × charges in a 30-day attempt + activation fee + platform and data fees), in US dollars, divided by the opening loss allowance and multiplied by 1,000.
- List price
- $652 one-time
- Charges in a 30-day attempt
- 1
- Activation fee
- None
- Platform and data fees
- None
- Opening loss allowance
- $10,000
- Result
- $65.20
Promotions, coupons and optional add-ons are excluded.
Final buyer charges such as taxes or payment fees are not verified.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 23 October 2026); FundingPips · Help: Understanding Trading Mechanics (checked 20 October 2026); FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. The advertised base cost of a 30-day attempt in US dollars, divided by the opening loss allowance and multiplied by 1,000. A cost scenario for comparing accounts, not an all-in price.
Activation fee
Activation fee: None
Official sources: FundingPips · Checkout (Configure a challenge) (checked 20 October 2026); FundingPips · Help: Understanding Trading Mechanics (checked 20 October 2026).
About this rule. A mandatory charge to activate a funded account after passing, if any.
Compare this rule across accounts
Read the guide: Reserve activation costs and keep refunds conditional
Platform and data fees
Platform and data fees: None
Official sources: FundingPips · Checkout (Configure a challenge) (checked 20 October 2026); FundingPips · Help: Understanding Trading Mechanics (checked 20 October 2026).
About this rule. Mandatory platform or market-data charges on top of the list price, if any.
Compare this rule across accounts
Read the guide: What market data is included, and what costs extra?
Payout processing fees
Payout processing fees: No FundingPips fee is stated; crypto rewards (USDT or USDC on ERC20) are reduced by service fees, exchange rates and network fees, and transfers are subject to exchange rates and transaction fees.
Official sources: FundingPips · Help: Reward Methods (checked 10 October 2026); FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. Charges deducted when a payout is sent, which depend on the payment method.
Compare this rule across accounts
Read the guide: How do payout processing fees affect cash received?
Evaluation & risk
Opening loss allowance
Opening loss allowance: $10,000
How this is calculated. Opening balance minus the opening total-loss floor, for each required evaluation phase. The smallest result is used.
- Phase 1 opening balance
- $100,000
- Phase 1 opening total-loss floor
- $90,000
- Phase 2 opening balance
- $100,000
- Phase 2 opening total-loss floor
- $90,000
- Result
- $10,000
Daily loss limits and any trailing of the floor after the opening are separate rules.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 10 October 2026); FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. How much the account can lose from its opening balance before the total-loss rule is broken, using the smallest allowance across the required evaluation phases. An account bought without an evaluation uses its funded account's allowance. It is not daily headroom, live capital or a pass probability.
Compare this rule across accounts
Read the guide: How do you calculate the opening loss allowance?
Difficulty ratio
Difficulty ratio: 1.30
How this is calculated. For each required evaluation phase, the profit target divided by that phase's opening loss allowance. The results are added.
- Phase 1 profit target
- 8% of $100,000 = $8,000
- Phase 1 opening loss allowance
- $10,000
- Phase 2 profit target
- 5% of $100,000 = $5,000
- Phase 2 opening loss allowance
- $10,000
- Result
- 1.30
This describes the shape of the evaluation; it is not a pass probability.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 10 October 2026); FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. Each required phase's profit target divided by that phase's opening loss allowance, added together. More target per dollar of allowed loss gives a higher number; an account bought without an evaluation has no target, so its ratio is 0. It describes the shape of the evaluation, not the chance of passing.
Compare this rule across accounts
Read the guide: How PFW's comparison pages summarize a route
Evaluation route
Evaluation route: 2 Step Standard with the 5% daily loss limit and no add-ons: Phase 1, Phase 2, then the Master Account. The 3% daily loss limit, Swing and Swap Free are options at checkout.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 10 October 2026); FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. The exact variant compared here and the stages between purchase and a funded account.
Compare this rule across accounts
Read the guide: What do one-step, two-step, three-step, and instant funding mean?
Profit targets
Profit targets: 8% then 5%
Conditions and limits. 8% then 5%; $8,000 + $5,000.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 10 October 2026); FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. The profit each required evaluation phase must reach, as a share of the opening balance. An account bought without an evaluation has none.
Compare this rule across accounts
Read the guide: How does the journey from purchase to payout work?
Total and daily loss
Total and daily loss: Static 10% max loss ($10,000; limit $90,000) in both phases and on the Master Account; 5% daily loss from the higher of the day's opening balance or equity, reset at 00:00 platform time (UTC+3). Touching either limit closes the account.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 10 October 2026); FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. The overall and daily loss limits, how they move, and what balance or equity they are measured against.
Compare this rule across accounts
Read the guide: Why can two “5% daily loss” rules produce different limits?
Minimum days and time limits
Minimum days and time limits: At least 3 trading days in each phase (none with the 3% daily loss option); no time limit; the account is closed after 30 days without a completed trade.
Official source: FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. The minimum number of trading or profitable days each evaluation phase requires, including any minimum the firm states a consistency rule sets, any time limit for passing, and any inactivity period after which the account is closed.
Payouts
First and later payouts
First and later payouts: Weekly: 7 days after the first trade on the Master Account; Bi-Weekly: every 14 calendar days after it; Monthly: every 30 calendar days.
Official source: FundingPips · Help: 2 Step Standard (checked 16 October 2026).
About this rule. When the first payout can be requested and how often later requests are allowed. Waiting periods, qualifying days, review and payment are separate clocks.
Payout minimums and caps
Payout minimums and caps: Request at least 1% of the account size ($1,000) including FundingPips' split; Rise and bank transfer need $500; no cap stated.
Official sources: FundingPips · Help: 2 Step Standard (checked 16 October 2026); FundingPips · Help: Reward Methods (checked 16 October 2026).
About this rule. The smallest request allowed and any limit on how much can be withdrawn per request or cycle.
Funded consistency rules
Funded consistency rules: Monthly cycle: a 35% consistency score and 7 profitable days of at least 0.5% ($500) each; none on the Weekly and Bi-Weekly cycles.
Official source: FundingPips · Help: 2 Step Standard (checked 16 October 2026).
About this rule. Rules on how profit must be spread across days or trades before a funded payout, and any required profitable days.
Published processing time
Published processing time: Reward requests are processed within 1-3 working days, and funds can take a further 1-2 working days to arrive; card rewards are listed as instant to 1-5 days.
Official source: FundingPips · Help: Reward Methods (checked 10 October 2026).
About this rule. How long the firm says review and payment take after a request. These are published estimates, not measured times.
Compare this rule across accounts
Read the guide: What do “24-hour,” “instant,” and “on-demand” payouts mean?
Refunds
Fee refund with a reward
Fee refund with a reward: The registration fee is refunded with the 4th reward on the Master Account.
Official sources: FundingPips · Help: Get Started (checked 10 October 2026); FundingPips · Help: Reward Methods (checked 10 October 2026).
About this rule. Whether and when the challenge fee is paid back after a successful payout.
Cancellation refund
Cancellation refund: None: payments are final and fees are non-refundable, except where the law requires otherwise.
Official sources: FundingPips · Terms & Conditions (checked 10 October 2026); FundingPips · Homepage (checked 22 October 2026).
About this rule. Whether a purchase can be cancelled and refunded, and on what conditions.
Trading rules
News trading
News trading: Evaluation: no news restriction, but deliberately trading news closes the account in any phase. Master Account: profit from trades opened or closed on the affected currency from 5 minutes before to 5 minutes after high-impact news, or from 5 minutes before a high-impact speech begins to 5 minutes after it ends, is deducted, unless the trade was opened 5 hours or more before. The trader is responsible if a deduction breaches the daily or maximum loss limit.News trading: allowed in the evaluation, restricted when funded.
Official sources: FundingPips · Help: 2 Step Standard (checked 18 October 2026); FundingPips · Help: News Trading & Weekend Holding (checked 18 October 2026).
News trading by stage
- Evaluation
- Allowed. No news restriction in the evaluation, but deliberately trading high-impact news to exploit the volatility closes the account.
- Funded
- Restricted. Profit from trades opened or closed on the affected currency from 5 minutes before to 5 minutes after high-impact news, or from 5 minutes before a high-impact speech begins to 5 minutes after it ends, is deducted, unless the trade was opened 5 hours or more before. The trader is responsible if a deduction breaches the daily or maximum loss limit. Deliberately trading news closes the account.
Official sources: FundingPips · Help: 2 Step Standard (checked 10 October 2026); FundingPips · Help: News Trading & Weekend Holding (checked 18 October 2026).
About this rule. Restrictions on opening, closing or holding positions around scheduled news.
Compare this rule across accounts
Read the guide: What does a news-trading restriction actually restrict?
Overnight and weekend holding
Overnight and weekend holding: Allowed in the evaluation; on the Master Account, open positions are closed automatically every day (20:45-21:00 UTC in summer time, 21:45-22:00 UTC in winter time) unless the Swing add-on was bought. The closure is not a breach.Overnight and weekend holding: allowed in the evaluation, prohibited when funded.
Official source: FundingPips · Help: 2 Step Standard (checked 10 October 2026).
Overnight and weekend holding by stage
- Evaluation
- Allowed.
- Funded
- Prohibited. Open positions are closed automatically every day (20:45-21:00 UTC in summer time, 21:45-22:00 UTC in winter time) unless the Swing add-on was bought at checkout; the closure is not a breach.
Official source: FundingPips · Help: 2 Step Standard (checked 10 October 2026).
About this rule. Whether positions can be held overnight and over the weekend.
Compare this rule across accounts
Read the guide: Which CFD/FX accounts allow overnight and weekend positions?
Expert advisors and copying
Expert advisors and copying: Third-party EAs only as trade or risk managers; your own EA may fully automate trading with proof of ownership. Copying between your own FundingPips accounts, or from yours out to an external account, is allowed; copying into the account and copying between different traders' accounts are prohibited.Expert advisors: restricted in both stages.Copying your own trades: allowed in both stages.
Official source: FundingPips · Help: Trading Conduct and Security Standards (checked 10 October 2026).
Expert advisors by stage
- Evaluation and funded
- Restricted. Third-party EAs only as trade or risk managers; full automation only with your own EA and proof of ownership.
Official sources: FundingPips · Help: Trading Conduct and Security Standards (checked 10 October 2026); FundingPips · Terms & Conditions (checked 10 October 2026).
Copying your own trades by stage
- Evaluation and funded
- Allowed. Between your own FundingPips accounts, or from your account out to an external one. Copying into the account and copying between different traders' accounts are prohibited.
Official source: FundingPips · Help: Trading Conduct and Security Standards (checked 10 October 2026).
About this rule. Whether automated strategies are allowed and whether trades can be copied between your own accounts.
Compare this rule across accounts
Read the guide: Automation and copying: what actually needs permission?
Contractual penalties
Contractual penalties: Prohibited practices (including gap trading, high-frequency trading, latency arbitrage, hedging, copying other traders and third-party account management) can lead to removed profits, declined rewards, disqualification and termination without a refund, and in serious or repeated cases exclusion from future participation; no fine is stated.
Official source: FundingPips · Terms & Conditions (checked 10 October 2026).
About this rule. Penalties the terms set out for rule breaches beyond failing the account.
Compare this rule across accounts
Read the guide: Is it a prohibition, a condition or a review trigger?
Platforms & eligibility
Platforms
Platforms: MetaTrader 5, MatchTrader and cTrader, chosen at checkout; cTrader adds $20 to the price.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 10 October 2026); FundingPips · Help: Trade Copier (checked 10 October 2026).
About this rule. The platforms the firm offers in this market, with any extra charge or country limit it states. It is the firm's list for all its accounts in the market.
Platform access and eligibility
Platform access and eligibility: MetaTrader 5, MatchTrader or cTrader (cTrader adds $20); 18 or over; residents of Iran, Vietnam and the United Arab Emirates are not accepted; identity verification (KYC) before trading the Master Account.
Official sources: FundingPips · Checkout (Configure a challenge) (checked 10 October 2026); FundingPips · Help: Get Started (checked 10 October 2026); FundingPips · Help: Master Account Setup (checked 10 October 2026).
About this rule. Who can buy the account: age, identity checks and country restrictions, and any platform limits by country.
Ratings
Not rated. Overall program scores and reliability ratings are not published yet; the figures above are measurements of stated terms, not a verdict.
Questions answered
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