Funding Pips offers a unique payout system that sets it apart from others. Traders can request a payout every 5th day after the first executed trade on the funded account, with an 80% profit split. What makes it even more enticing is that once a trader earns a “Hot Seat” in the firm, they receive on-demand payouts with a 90% profit split. This, coupled with the ability to trade up to $2 million, makes Funding Pips an attractive option for traders looking to maximize their earnings.
The payouts are processed using bank transfer and crypto, providing flexibility and convenience. Additionally, the platform's approach of supporting traders through different career levels, from Student to Practitioner to Master, and its in-house evaluation process, sets it apart as a supportive and growth-oriented funding partner for traders.
Quick Overview of Funding Pips Payout
Funding Pips is a trading platform that offers funding for traders. Here's a quick overview of the payout system:
- A trader is eligible to request a payout every 5th day after the first executed trade on the funded account. There will be an 80% profit split applied
- Once a trader earns a “Hot Seat” in the firm, the trader receives on-demand payouts with a 90% profit split
- For Algo accounts, the first payout and subsequent monthly payouts come with a profit split of 50%
The payouts are processed using bank transfer and crypto
what sets funding pips apart from other trading platforms
Funding Pips sets itself apart from other trading platforms in several ways:
- Payout Frequency and Profit Split: Funding Pips allows traders to request a payout every 5th day after the first executed trade on the funded account, with an 80% profit split. This can be increased to 90% after achieving a “Hot Seat” in the firm
- Scaling Plan: The platform offers a scaling plan where managed capital is increased based on the trader's performance and tenure as a Funded trader, with the potential to trade up to $2 million and receive on-demand payouts
- Payout Process: Funding Pips has integrated Rise as a primary method for processing payouts, with a tiered approach: transactions below $500 are executed through cryptocurrency, while those exceeding $500 utilize the Rise platform, accommodating both bank transfers and cryptocurrency transactions
- Transparent and Supportive Community: The platform's commitment to transparency, the best prices in the industry, and a supportive community, including a dedicated Discord channel for support, sets it apart from other prop firms
- Unique Features: Funding Pips offers unique features such as no time limit on trading days, the ability to hold trades during news and over the weekend, and a modern user interface with a wealth of detailed information at traders' fingertips
These aspects, combined with its commitment to trader development and support, contribute to Funding Pips' distinctiveness in the trading platform landscape.
How does funding Pips support its traders?
Funding Pips supports its traders through several unique features and services:
- Evaluation Program: Funding Pips offers a two-step evaluation program with realistic trading objectives, allowing traders to manage account sizes from $5,000 to $100,000
- Profit Split: Traders receive an 80% profit split, which can increase to 90% once they achieve a “Hot Seat” in the firm
- Scaling Plan: Funding Pips has a competitive scaling plan that increases the managed capital based on the trader's initial balance, with a 10% increase after the first month, 15% after the second month, and 20% after the third month
- Unlimited Trading Period: There are no minimum or maximum limits on trading days, allowing traders to take all the time they need to pass the evaluation
- Customized Trading Conditions: Funding Pips customizes trading conditions to fit the trader's individual needs and align with their specific trading strategy
- Trading Rules: Funding Pips trading rules allow traders to use Expert Advisors (EAs), hold trades during news and over the weekend, and trade lot sizes as big as the leverage allows
- Payout Frequency: Traders can request a payout every 5th day after the first executed trade on the funded account, with an 80% profit split applied
- On-Demand Payouts: After four months and sixteen payouts, traders can receive on-demand payouts with a 90% profit split
- Community and Support: Funding Pips has a strong community presence, including a Discord channel, and offers support through various channels, including email and social media
- Technology Ownership: Funding Pips is one of the few companies that owns its technology, which can lead to healthier profit margins in the future
These features contribute to the support Funding Pips provides to its traders, fostering a dynamic and growth-oriented trading environment.
Detailed Breakdown of Traders with Funding Pips Payout Methods
| Payout Method | Profit Split | Payout Frequency |
|---|---|---|
| Bank Transfer | 80% (90% for Hot Seat traders) | Every 5th day after the first executed trade |
| Crypto | 80% (90% for Hot Seat traders) | Every 5th day after the first executed trade |
| On-Demand Payouts | 90% | After four months and 16 payouts |
How to Request Payouts at funding pips? (A Step-by-Step Guide)
| Payout Method | Profit Split | Payout Frequency |
|---|---|---|
| Bank Transfer | 80% (90% for Hot Seat traders) | Every 5th day after the first executed trade |
| Crypto | 80% (90% for Hot Seat traders) | Every 5th day after the first executed trade |
| On-Demand Payouts | 90% | After four months and 16 payouts |
Steps to Request Payouts at Funding Pips
- Log in to Your Account: Access your Funding Pips account using your credentials.
- Navigate to the Payout Section: Locate the “Payout” or “Withdraw” section within your account dashboard.
- Select Payout Method: Choose your preferred payout method, either bank transfer or crypto.
- Enter Payout Amount: Specify the amount you wish to withdraw from your trading account.
- Submit Payout Request: Review the details and confirm the payout request.
Your payout request will be processed according to Funding Pips' payout schedule and terms.
Funding pips Profit Sharing and Payouts
Here are the key details about Funding Pips' profit sharing and payouts:
Profit Split
- Traders receive an 80% profit split initially
- After achieving “Hot Seat” status, traders get a 90% profit split
Payout Frequency
- Traders can request a payout every 5 days after the first trade
Payout Methods
- Bank transfer
- Crypto
On-Demand Payouts
- After 4 months and 16 payouts, traders get on-demand payouts with a 90% profit split
So in summary, Funding Pips offers a competitive 80-90% profit split, frequent 5-day payouts, and the ability to unlock on-demand payouts after meeting certain tenure and payout number criteria. The payout methods supported are bank transfer and crypto.
Additional benefits and opportunities of Funding Pips Payout
Some additional benefits and opportunities of Funding Pips payouts include:
- Frequent payouts – Traders can request payouts every 5 days, allowing for a consistent income stream
- Profit split increases – Traders can increase their profit split from 80% to 90% by achieving “Hot Seat” status after 4 months and 16 payouts
- Scaling opportunities – Funding Pips offers a scaling plan that increases a trader's managed capital by 10-20% based on their initial balance over 3 months. This allows traders to access larger accounts up to $2 million
- Customized conditions – Funding Pips customizes trading conditions to fit a trader's specific strategy, providing flexibility
- Weekend trading – Traders can hold positions over weekends and trade during news events, taking advantage of market movements
- Owned technology – Funding Pips owns its technology stack, allowing for healthier profit margins that may benefit traders in the future
In summary, Funding Pips provides traders opportunities to increase income frequency, profit splits, account sizes, and flexibility through its payout structure and scaling incentives. This creates additional benefits beyond regular payouts.
FAQs on Funding Pips Payout
How often can I request a payout?
Traders can request a payout every 5 days after the first executed trade on their funded account
What is the profit split?
The profit split is 80%, which can be increased to 90% once traders achieve “Hot Seat” status after 4 months and 16 payouts
What payout methods does Funding Pips offer?
Funding Pips offers payouts via bank transfer and crypto methods
Is there an on-demand payout option?
Yes, traders unlock on-demand payouts with a 90% profit split after achieving “Hot Seat” status (4 months & 16 payouts)
Does Funding Pips have a scaling plan for larger accounts?
Yes, Funding Pips scale a trader's account by 10-20% over 3 months to give access to accounts up to $2 million based on the initial balance.
CONCLUSION
Funding Pips offers traders a competitive profit-sharing model with an 80% baseline profit split that can increase to 90% for “Hot Seat” traders. The payout frequency is quite favorable – traders can request withdrawals every 5 days after their first trade execution.
Two payout methods are supported – bank transfers and crypto. After hitting milestones of 4 months tenure and 16 payouts, traders also unlock on-demand payout capabilities.
Additionally, Funding Pips provides account scaling incentives over 3 months, allowing traders to access accounts up to $2 million based on starting balance. Together with customizable trading conditions and owned technology, Funding Pips provides a compelling payout structure.
In summary, Funding Pips aims to support its traders through frequent payouts, tiered profit splits, on-demand payout unlocks, scaling opportunities to access larger accounts, and a degree of customizability – underpinned by its own technology stack. For traders needing funding, it's certainly a platform to consider given the benefits highlighted around its payout and profit-sharing model.
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