Funding Pips Account Types

Funding Pips offers a variety of account types tailored to accommodate different trading styles and experience levels. The main account types include:

• Standard STP Account
• Ideal For: Inexperienced traders
• Features:
• Direct access to the market
• No commission fees
• Spreads starting at 1.0 pip
• ECN Account
• Ideal For: Seasoned traders
• Features:
• Access to deep liquidity
• Reduced spreads starting at 0.0 pip
• $3.5 commission per side
• ECN Plus Account
• Ideal For: Expert traders
• Features:
• Institutional quality liquidity
• Spreads starting at 0.0 pip
• Reduced commission of $2.5 per side
• Islamic Account
• Ideal For: Traders following Islamic financial regulations
• Features:
• No swap fees for overnight holdings
• Spreads starting at 1.0 pip
• $2.5 commission per side
• Evaluation Accounts
• Structure:
• $100,000 evaluation account with a two-phase evaluation process
• Profit targets of 8% in the first phase and 5% in the second phase
• Maximum daily loss of 5% and overall loss of 10%

Funding Pips Broker Account Opening Process

Opening an account with Funding Pips is a straightforward process that involves the following steps:

• Registration:
• Choose one of the evaluation models: one-step, two-step, or three-step.
• Complete the online application form with personal information.
• Verification:
• After reaching the profit target, your evaluation will be reviewed by the risk team within two working days.
• Complete the Know Your Customer (KYC) process, which includes verifying your identity and address.
• Document Upload:
• Upload all required verification documents via the dashboard in the settings section.
• Account Creation:
• Once verification is complete, a customer agreement will be sent for a digital signature.
• After signing, your master account will be created, ready for trading.

With a minimum account size starting at $5,000, Funding Pips provides a flexible and accessible trading environment for all levels of traders.