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Funding Pips was established on August 25, 2022, as a proprietary trading firm aimed at providing traders with opportunities to showcase their skills and manage funds without risking their own capital. The firm was founded by a team of experienced traders and industry professionals who understand the complexities of the trading world.
Funding Pips operates under the legal name Ankh Prop – FZCO. The company is structured to support traders through various evaluation programs that lead to funded accounts. It is designed to identify and nurture trading talent, offering a supportive environment for traders of all levels.
The headquarters of Funding Pips is located in Dubai, United Arab Emirates. This strategic location allows the firm to tap into the vibrant financial market of the Middle East and serve a global clientele.
Funding Pips has expanded its reach to over 195 countries, empowering a community of more than 750,000 traders worldwide. The firm's offerings are tailored to meet the needs of both novice and experienced traders, making it a prominent player in the prop trading industry.
While Funding Pips operates in a regulated environment, it is important to note that it is not regulated by major financial authorities. The firm employs strict internal protocols to ensure trust and security for its users, though it does not hold a traditional forex broker license.
Funding Pips has continuously evolved its offerings to cater to the growing demand for prop trading solutions. The firm has introduced multiple evaluation programs, allowing traders to choose the path that best suits their trading style and risk management approach.
The firm has witnessed rapid growth in its customer base, expanding from a few hundred traders at its inception to over 750,000 traders within just a year. This growth is attributed to its trader-focused approach and the flexibility of its evaluation programs.
Funding Pips has developed a range of user-friendly trading platforms, including Match Trader, cTrader, and Trade Locker. These platforms are designed to accommodate various trading styles and preferences, enhancing the overall trading experience.
While specific awards have not been highlighted, Funding Pips has received positive feedback from users, including an impressive Trustpilot rating of 4.4 out of 5, indicating a high level of customer satisfaction.
Funding Pips offers a diverse range of forex trading options, including access to over 100 currency pairs. This extensive selection allows traders to engage in various trading strategies and capitalize on global market movements.
Currently, Funding Pips does not provide direct stock trading options. However, traders can access a variety of indices and commodities, which may include stock market performance indicators.
The firm provides contracts for difference (CFDs) across multiple asset classes, including commodities, energies, currencies, and cryptocurrencies. This flexibility allows traders to diversify their portfolios and engage in various market opportunities.
In addition to forex and CFDs, Funding Pips offers trading in cryptocurrencies such as Bitcoin and Ethereum, as well as commodities like gold and oil. This broad range of instruments caters to the diverse interests of traders.
Funding Pips stands out in the prop trading industry by offering a profit split of up to 100%, flexible payout cycles (weekly, bi-weekly, or monthly), and a supportive community. Additionally, the firm provides a comprehensive dashboard for traders to track their progress and access valuable insights.
Funding Pips is not regulated by major financial authorities, which may raise some concerns regarding client fund protection. However, the firm has implemented stringent internal protocols to ensure the security of its operations.
As a registered entity in the UAE, Funding Pips operates under the legal framework of the United Arab Emirates, specifically under the jurisdiction of the International Free Zone Authority (IFZA).
Funding Pips does not hold clients' funds; instead, it operates on a prop trading model where traders pay for evaluations. This model reduces the risk associated with fund security but emphasizes the importance of understanding the firm's operating structure.
The firm serves traders in over 195 countries, providing a global platform for trading and evaluation. However, it does not accept US traders due to regulatory restrictions.
While specific compliance history details are not publicly available, Funding Pips emphasizes its commitment to trust and security through internal fraud prevention protocols and a Know Your Customer (KYC) verification process.
Funding Pips positions itself as a trader-focused prop trading firm that prioritizes flexibility, transparency, and community support. Its unique evaluation programs and high profit splits make it an attractive option for traders seeking to scale their trading activities.
Funding Pips differentiates itself through its wide range of evaluation models (one-step, two-step, and three-step), generous profit-sharing scheme, and user-friendly trading platforms. The firm's commitment to providing a supportive trading environment and flexible payout options further enhances its appeal in the competitive landscape.
Funding Pips has established itself as a prominent player in the proprietary trading industry, offering a range of evaluation programs and trading options to cater to diverse trader needs. With a focus on transparency, community support, and competitive profit splits, the firm continues to empower traders globally.
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