Prop firms · Forex / CFD

FundingPips Challenge: Simulated Pass Rate, Rules & Real EV (2026)

This page answers three questions for FundingPips: what the actual eval and funded-account rules are, how a real trader profile fares against them across 10,000 simulated runs, and whether the long-run expected value justifies the eval fee. Rules verified as of 2026-07-15. Independent — not affiliated with FundingPips.

The ruleset

Account sizes$5k · $10k · $25k · $50k · $100k · $200k
Eval cost (mid tier)$175
PhasesTwo-phase
Profit target8% (P1) / 5% (P2)
Max drawdownStatic · 8%
Daily loss limit5%
Consistency ruleNone
Min trading days3
Max daysUnlimited
Profit split (funded)80%
Payout buffer1%
Min profitable days (funded)3
Trailing on fundedNo
Payout frequencyEvery 7 days

Simulated results

Three trader profiles, 10,000 simulated evaluations each against FundingPips's exact rules. Pass rate is the eval only. Payout is conditional on passing. Joint withdrawal is the probability of reaching a first payout end-to-end. P&L is expected value over 50 attempted challenges at the mid-tier account.

Scalper · 58% wr · 6/day
Pass
62.8%
Payout
74.7%
Joint withdrawal
46.9%
P&L · 50 runs
$6.1k
Balanced · 50% wr · 3/day
Pass
23.9%
Payout
53.3%
Joint withdrawal
12.8%
P&L · 50 runs
-$4.1k
Swing · 42% wr · 1/day
Pass
27.3%
Payout
55.3%
Joint withdrawal
15.1%
P&L · 50 runs
-$3.3k

Why traders fail this challenge

Failure breakdown from the balanced-archetype simulation. This is what typically ends a FundingPips run — not what traders think ends it.

Trailing / max drawdown breach14%
Daily loss limit hit29%
Ran out of time / never reached target58%
Consistency rule violation0%

Rules explained

How FundingPips's drawdown works

FundingPips uses a static drawdown of 8% of the starting balance. Static drawdown is the friendliest structure — the floor doesn't move as you profit. See trailing drawdown explained for the full mechanics.

How the daily loss limit is calculated

FundingPips caps intraday drawdown at 5% of the account. It's evaluated end-of-day on realised P&L, and a single losing session over the cap ends the challenge — not just the day.

Consistency rule

FundingPips has no consistency rule on the standard evaluation. See the consistency rule explained for the full mechanics and how it changes your real pass rate.

Is FundingPips worth it?

FundingPips' three-phase model is longer than most, but the eval fee is among the lowest in the space, which materially improves cost-adjusted EV. Payouts are frequent when funded. Best for patient traders comfortable with a longer evaluation runway.

Frequently asked

What is FundingPips's trailing drawdown?+

FundingPips uses a static drawdown of 8% of the starting balance. This is the single biggest driver of long-run pass rate for most traders.

What win rate do you need to pass FundingPips?+

Not a fixed number. Our simulator runs three archetypes against FundingPips's exact rules: the balanced 50%-win-rate trader passes 23.9% of the time; the scalper archetype and swing archetype produce meaningfully different numbers on the firm page above. Passing is a function of edge, variance, and how the ruleset punishes lumpy P&L — not win rate in isolation.

How much does FundingPips cost long-term?+

The mid-tier FundingPips evaluation is $175. Over 50 attempted challenges, our balanced-archetype simulation nets -$4.1k — that's eval fees paid on failures netted against payouts collected on the joint 12.8% of runs that reach a withdrawal.

Does FundingPips have a consistency rule?+

No consistency rule on the evaluation. Verify current terms — firms add and remove these rules regularly.

Is FundingPips worth it in 2026?+

FundingPips' three-phase model is longer than most, but the eval fee is among the lowest in the space, which materially improves cost-adjusted EV. Payouts are frequent when funded. Best for patient traders comfortable with a longer evaluation runway.

Run YOUR numbers against FundingPips's ruleset

The archetypes above are examples. Feed your own win rate, average win/loss and trades per day into the simulator to see your real pass and payout probability at FundingPips.

Run my simulation

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Based on publicly listed rules as of 2026-07-15. Independent — not affiliated with FundingPips. Rules change; verify with the firm before paying. Simulations are estimates based on a barrier-crossing model of daily P&L, not guarantees.