FundingPips Trading Questions: Your Top 20 Trading Concerns Answered

The questions traders ask about FundingPips before signing up tend to cluster around the same concerns—drawdown mechanics, news trading restrictions, overnight holds, and what actually happens when something goes wrong.

I've compiled the 20 questions I see most frequently in trading communities, support tickets, and DMs from traders who are either evaluating FundingPips or already trading and hitting unexpected walls. Some answers will reassure you; others might change your approach entirely.

Why I trade with FundingPips: I've been running FundingPips accounts across multiple challenges—passed evaluations, activated Master accounts, withdrawn profits through Tuesday Payday, and dealt with their support team. This assessment is based on real money in, real money out.

That said, no prop firm is perfect. FundingPips has strengths ($200M+ in payouts, static drawdown, flexible payout options) and weaknesses (funded-stage rule surprises, consistency requirements, $20 cTrader fee) that I've documented honestly. For a complete breakdown of their account types, pricing, and what to expect at each stage, read my full FundingPips accounts overview. For the absolute latest, check FundingPips' website or their FAQ section.

Account and Evaluation Questions

1. How long do I have to pass the FundingPips evaluation?

No time limit. Seriously. FundingPips doesn't expire your evaluation account after 30 or 60 days like some firms. You could technically take six months to reach the profit target if you wanted. The only constraint is meeting the minimum trading days requirement (which varies by challenge type) before you can pass.

This unlimited timeframe is actually one of the underrated features. Traders who feel time pressure make stupid decisions—overtrading, oversizing, forcing setups that aren't there. Remove the deadline and you can trade your actual strategy instead of some rushed version of it.

2. What happens if I breach drawdown during the evaluation?

Account terminated immediately. No second chances, no grace period. Once your balance hits the maximum drawdown level, you're done. You can purchase a new evaluation or use a reset if you bought one upfront.

The breach is calculated in real-time, so don't assume you can "recover" before end of day. If your equity touches the threshold even for a moment, it's over. I've seen traders claim they "never actually hit" the drawdown because their closing balance was fine—doesn't matter. The intraday low counts.

3. Can I hold trades overnight during the evaluation?

Yes, with some important caveats. FundingPips generally allows overnight holds, but you're exposed to gap risk that could blow through your drawdown. For evaluation accounts, I strongly recommend against holding significant positions through market close unless your strategy specifically requires it.

The risk math changes on funded accounts where you've already locked your trailing drawdown, but during evaluation? A gap against you can end the challenge before you wake up. Not worth it for most setups.

4. Do I need to trade every day to meet minimum trading days?

No. You need to trade on a minimum number of different days, but they don't have to be consecutive. If the requirement is 5 trading days, you could trade Monday, skip Tuesday through Thursday, trade Friday, and continue the next week. As long as you eventually accumulate the required number of active trading days before hitting the profit target.

What counts as a "trading day"? Generally, opening at least one position that's held for a meaningful duration. Check FundingPips' specific definition, but scalps that last seconds might not qualify.

Trading Rules and Restrictions

5. Can I trade during news events?

This is where you need to pay attention. FundingPips has restrictions around high-impact news events—typically you cannot open new positions within a window before and after major releases (like NFP, FOMC, CPI). The exact timing varies, so check your dashboard for current restrictions.

Existing positions are usually allowed to remain open, but opening new trades during the restricted window violates the rules. Some traders argue they "didn't know" news was coming—not an excuse. Use an economic calendar, mark the blackout windows, and plan accordingly.

6. Is hedging allowed on FundingPips?

Yes, you can hedge within the same account. If you're long EURUSD and want to open a short EURUSD position simultaneously, that's permitted. Some traders use this for risk management or strategy purposes.

What's typically not allowed is hedging across multiple accounts to guarantee one winner. If you have two FundingPips accounts and go long on one while short on the other with the same size, that's a violation. Same applies to coordinating with other traders.

7. Can I use Expert Advisors (EAs) and automated trading?

Generally yes, with restrictions. EAs are allowed, but certain types of automation are prohibited—specifically high-frequency trading, latency arbitrage, or EAs designed to exploit platform vulnerabilities. If your EA trades like a normal human trader just faster and without emotion, you're probably fine.

Copy trading from your own retail account is usually allowed. Copy trading services where multiple users receive the same signals simultaneously might be flagged, especially if the pattern matches account management behavior.

8. What lot sizes can I trade?

This depends on your account size and the specific instrument. FundingPips sets maximum position sizes to manage risk. On a $50,000 account, you might be limited to 20-25 lots total open at once for major forex pairs. Check your dashboard for exact limits.

The limits are usually generous enough for normal trading. If you're hitting them regularly, you're probably oversizing anyway. Nobody needs 50 lots open on a $50K account unless they're gambling.

9. Are there restricted trading hours?

FundingPips typically allows trading during normal market hours for each instrument. Weekend trading isn't possible since markets are closed. Some firms restrict trading in the final minutes before market close—verify whether FundingPips has similar rules for your specific challenge type.

The rollover period (around 5 PM EST for forex) can have wider spreads and less liquidity. Not prohibited, but be aware execution might suffer.

Payout and Profit Questions

10. How often can I withdraw profits from my funded account?

FundingPips allows payouts on a regular cycle—typically every 14 days or monthly depending on your account type. You can request withdrawal once you've met the minimum trading day requirements and any other conditions for that payout cycle.

The first payout often has additional requirements (more trading days, longer waiting period) compared to subsequent withdrawals. Read the funded account rules carefully before expecting your first withdrawal.

11. What's the profit split, and does it improve over time?

Standard split starts at 80/20 (you keep 80%) and can scale to 90/10 or higher based on performance and tenure. The scaling requirements vary—consistently profitable trading over multiple payout cycles typically qualifies you for better splits.

Some challenge types offer higher starting splits. If profit share matters significantly to your ROI calculations, compare the options before purchasing.

12. Is there a minimum withdrawal amount?

Yes, typically around $100-150 minimum per payout. Below that threshold, your profits roll over to the next cycle. This isn't a problem for most consistently profitable traders, but if you're scraping small profits each cycle, the minimum matters.

13. How long does payout processing take?

Generally 1-5 business days from request approval to funds in your account. Crypto withdrawals tend to be faster than bank transfers. First payouts sometimes take longer due to verification requirements.

Timing your request matters—submit early in the week and you're more likely to receive funds before the weekend. Friday afternoon requests might not process until the following Tuesday or Wednesday.

Risk Management Questions

14. How does the trailing drawdown work exactly?

The trailing drawdown follows your highest equity point and rises as you profit. Starting balance is $50,000 with 6% drawdown means your floor is $47,000. Make $1,000 profit and your new equity is $51,000—now your floor is $48,000. The floor trails until it reaches your starting balance, then locks permanently.

Critical point: the trailing tracks equity, not closed balance. Open profits raise the floor. If you're up $3,000 in open profit and let it reverse to breakeven, you've permanently lost $3,000 of buffer.

15. What's the daily loss limit and how is it calculated?

The daily loss limit caps how much you can lose in a single trading day—typically 4-5% of starting balance. This resets at a specific time each day (usually midnight server time or 5 PM EST).

If you hit the daily loss limit, some firms close all positions and restrict trading for that day. Others terminate the account entirely. FundingPips' specific policy may vary, so understand whether it's a pause or a breach before risking close to the limit.

16. Can I recover if I'm close to drawdown breach?

Technically yes—if you haven't breached, you can still recover. Practically, trading from a depleted buffer is psychologically brutal and statistically dangerous. You're forced into smaller position sizes to avoid breach, making recovery slow while one bad trade ends everything.

My honest take: if you're within 1% of breach, consider whether the mental energy is worth it versus resetting. Sometimes the fresh start is the better play.

Technical and Platform Questions

17. What platforms does FundingPips support?

FundingPips primarily supports MetaTrader 4, MetaTrader 5, and potentially cTrader or other platforms depending on current offerings. MT5 is generally recommended for better features and execution.

Platform choice can affect available instruments and execution quality slightly. If you have a strong platform preference, confirm it's supported before purchasing.

18. What happens if there's a platform error or technical issue?

Document everything. Screenshots, timestamps, logs. Contact support immediately with the evidence. FundingPips generally has a process for reviewing technical issues that caused unintended trades or losses.

Don't expect automatic forgiveness—you need to prove the error wasn't user mistake. "My internet disconnected" typically won't get reversed. "Platform executed wrong lot size due to bug" with evidence might.

19. Can I trade from multiple devices or locations?

Yes, you can access your account from different devices. Sudden VPN usage or geographic location changes might flag your account for security review, so be consistent in how you access trading. If you travel frequently, consider informing support preemptively.

20. What instruments can I trade?

FundingPips offers forex pairs (majors, minors, some exotics), indices, commodities, and potentially crypto depending on account type. Not all instruments are available on all challenge types.

Spread and commission costs vary by instrument. Exotic pairs and some indices have wider spreads that eat into profits faster. Stick to liquid instruments unless you have a specific edge in illiquid markets.

The Bottom Line

Most FundingPips questions come down to understanding the rules before you trade, not after you've violated something. Read the full terms for your specific challenge type. Check the dashboard for current restrictions. And when in doubt, ask support before taking a trade you're unsure about—not after.

The traders who fail at FundingPips usually don't fail because the rules are unfair. They fail because they assumed, didn't verify, and learned the hard way that "I didn't know" doesn't reverse a breach. Don't be that trader.

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