The FundingPips 2-Step Classic model is the company’s oldest program, created for traders who want to demonstrate consistency during two stages: Student and Intern. If you pass these stages, you will have access to a Master account with real capital and a scaling plan.
Below, we review its limitations, benefits, rules, and conditions of use.
📦 FundingPips Classic 2-Phase Evaluation Accounts
|
Firm |
Account size |
Phase |
Profit target |
Daily loss |
Maximum loss |
Profit sharing |
Payment frequency |
Price |
|---|---|---|---|---|---|---|---|---|
|
$5k |
2 Steps |
8% | 5% |
5% |
10% |
Up to 100% |
4 Options |
$34
|
|
|
$10k |
2 Steps |
8% | 5% |
5% |
10% |
Up to 100% |
4 Options |
$62
|
|
|
$25k |
2 Steps |
8% | 5% |
5% |
10% |
Up to 100% |
4 Options |
$148
|
|
|
$50k |
2 Steps |
8% | 5% |
5% |
10% |
Up to 100% |
4 Options |
$274
|
|
|
$100k |
2 Steps |
8% | 5% |
5% |
10% |
Up to 100% |
4 Options |
$502
|
📋 Two-Step Classic Trading Rules
🎓 Student Phase “Phase 1”
- Profit target: 8%.
- Minimum: 3 days of trading.
- Without violating any risk management rules.
🛠️ Practitioner Phase “Phase 2”
- Profit target: 5%.
- Minimum: 3 days of trading.
- This verifies that your performance was not the result of luck, but of consistency.
The Risk Team will review your evaluation within 2 business days after you have passed Phase II.
🔻 Maximum daily loss limit – 5%
You cannot lose more than 5% of your balance or equity. This is calculated based on the higher of the two values and resets at 00:00 CET every day.
📉 Maximum total loss limit – 10%
Your balance cannot fall below 90% of your initial balance. For example, with a $100,000 account, it must never fall below $90,000.
📰 Trading during news events and weekends
- Throughout the “Phase I and II” evaluation: trading during news events and keeping trades open over the weekend is permitted.
- In the master account: it depends on the choice of reward cycle.
- On-Demand: news events are permitted.
- Monthly, biweekly, and Tuesdays: it is possible to hold positions, but opening and closing within a 10-minute interval around the news is not allowed; however, profits made five minutes before or after a major news event are not taken into account, unless the trade was opened five hours in advance.
⚠️ If you trade outside the permitted time, the system will automatically close your positions and deduct any profits.
⚙️ Trading Strategy
As long as you do not engage in the following, you may trade on weekends, use EAs, or hold positions during news events:
- High-frequency trading HFT and tick scalping
- Latency and hedging arbitrage
- Toxic trading flow
- Mirror trading with external accounts
- Third-party account management or copy trading
Failure to comply with these rules will result in immediate account closure.
Other important points to keep in mind
⚠️ Toxic trading flow prohibited
In this model, FundingPips is particularly strict with toxic trading because it can threaten the stability of the program. The following practices are prohibited:
📌 Most relevant toxic behaviors
- Over-leveraging: opening lots that are excessive in relation to the size of the account.
- Gambling behavior: acting impulsively, taking illogical risks.
- Excessive trading: Entering and exiting without a defined strategy, causing emotional exhaustion and low profitability in a single day.
- HFT and tick scalping: excessive transactions made in milliseconds to take advantage of micro-gaps.
- Arbitrage: taking advantage of price discrepancies or latency between brokers.
- Reverse risk patterns: risking the daily loss in a single transaction.
🔢 Maximum exposure limit for lots in a funded account
- $25,000 account → maximum 10 lots
- $50,000 account → maximum 20 lots
- $100,000 account → maximum 40 lots
- $5K and $10K accounts → no limit
If you exceed this limit, your profits will be deducted and you will receive warnings. On the second attempt, the account will be closed and a 30% performance fee will be imposed.
🚨 Penalties for toxic trading
The company has the option to implement limitations such as the following:
- Decreased leverage
- Daily trading limits
- Lower drawdown
- Decreased maximum risk per trade
- Permanent expulsion from the program
💹 Leverage and Commissions
Leverage:
- Forex: 1:100
- Metals: 1:30
- Indices: 1:20
- Energy: 1:10
- Cryptocurrencies: 1
Commissions:
- Forex: $5 per standard lot
- Cryptos: 0.04%
- Indices and oil: no commission
💰 Profit Sharing and Withdrawals
In the main account, you have the option of:
- Payday Tuesday: 60% profit share, with payments every week.
- Biweekly: Every 14 days, 80% profit share.
- Monthly: 100% profit share every month.
- On-Demand: 90% profit sharing, allowing news with a minimum consistency of 35%.
- Hot Seat: 100% profit sharing, no limitations.
📈 Escalation Plan
FundingPips rewards consistency:
- Level 1 “Launch”: 20% capital increase after four withdrawals and 10% total profit growth.
- Level 2 “Ascending”: +30% capital after 8 withdrawals and 20% total profit.
- Level 3 “Pioneer”: 30% total profit and 40% capital increase after receiving 12 rewards.
- Hot Seat “Elite Trader”: up to $2 million, 100% profit sharing, customized conditions, and monthly bonuses of up to $500.
🔄 Account Merging
You can combine up to $300,000 in accounts, as long as they are of the same type “2-Step with 2-Step.”
⏳ Inactivity
Accounts that remain inactive for more than 30 days are automatically suspended.
🌍 IP address
FundingPips monitors IP variations to prevent fraud; however, you can trade from anywhere in the world. If they identify suspicious activity, they may ask you for proof of your travel, such as a passport stamp, live video, or boarding pass.
✅ Conclusion
For traders who prefer a two-step method before entering real capital, FundingPips 2-Step Classic is the perfect alternative.