4 linked sources · Reviewed Oct 25, 2026
Documentation review by FN Blogs. This site uses FundedNext branding and includes FundedNext in its coverage. Inclusion is not an independent certification or a guarantee of payouts. No firsthand account test is claimed.
What to know before you compare
FundingPips 2 Step Standard is a two-phase simulated trading evaluation. Passing leads to a reviewed Master-account setup, not a personal live brokerage account. Compare the exact configuration and reward agreement before paying. [1][2]
- Program reviewed
- 2 Step Standard
- Evaluation targets
- 8% then 5% [1]
- Account model
- Simulated evaluation and Master [2]
- Main check
- Purchased loss configuration and reward agreement
What the account actually provides
FundingPips describes its accounts as demo accounts, with no trades executed on live financial markets. The displayed account size is therefore simulated buying power, rather than money deposited in your name. Its legal disclosure describes program payments as service fees. [2] This matters when comparing a challenge with opening your own brokerage account: the product being purchased, contractual rights and path to receiving money are different.
Current targets and the older Standard version
The current Standard evaluation has an 8% first-phase target and a 5% second-phase target. Normally each phase requires three trading days; the 3% daily-loss add-on removes that minimum. FundingPips stopped offering the former 10% target on July 24, 2026. [1] Record the purchase date and configuration with your receipt. An old review or an existing account's screenshot may describe a version you cannot buy today.
Understand both loss limits
Standard has a static 10% maximum-loss floor. Its daily limit is 3% or 5%, depending on the purchased configuration, calculated from the higher opening balance or equity. Floating losses count. [1] A useful personal check is to calculate the permitted floor before placing orders, then compare it with your platform equity. Treat the maximum permitted loss as a boundary, rather than a suggested amount to risk.
Passing is followed by verification
Master setup runs through identity verification, trading review, agreement signing and onboarding. FundingPips says review and onboarding can each take up to two working days. Where a reward-cycle choice is offered, selecting it enables trading and permanently locks the selection. [2] Leave room for that process in your expectations. Reaching the target does not mean an immediately available withdrawal or that the evaluation's account balance becomes spendable cash.
Reward terms need an account-specific check
Official pages describe different reward menus: the product-page search result advertises biweekly or monthly rewards, while the detailed Standard help page lists weekly, biweekly and on-demand options. [1][4] We therefore do not present one universal split. Before purchase, ask support to confirm the applicable menu, first-request date, minimum reward, consistency conditions and deductions in writing. Keep that response with the agreement; a headline percentage alone cannot explain eligibility.
Fees, reimbursement and eligibility
The getting-started guide describes a return of the original Standard registration fee after the fourth Master reward. That is a conditional program benefit, not a promise of reimbursement merely for passing. The same guide requires adults and identifies restricted jurisdictions, including UAE residents. [3] Check the full current restrictions before checkout, together with your supported platform, payment method and total configuration price. Budget the fee as money you may not recover.
How to compare it with another firm
Compare Standard with the particular competing product you would actually buy. List its daily-loss calculation, maximum-loss floor, holding rules, trading costs, reward prerequisites and failure/reset terms side by side. Separate a lower advertised purchase price from the total cost of repeated attempts. This is a review of published rules checked on October 25, 2026, rather than a firsthand account test or a forecast of your results.
Frequently asked questions
Is a FundingPips Master account live?
FundingPips describes all its accounts as simulated demo accounts. Master is its program stage, not confirmation of live execution. [2]
Does passing return the purchase fee?
The published Standard benefit is tied to the fourth Master reward, rather than simply completing the evaluation. [3]
Compare this program with the other firms
Use the same questions for each account: market access, loss allowance, total fees, withdrawal rules and eligibility.
Read the top 10 prop firms comparison →- 2 Step Standard FundingPips
- Master Account Setup FundingPips
- Get Started FundingPips
- 2 Step Standard product page FundingPips
Sources checked for this edition on Oct 25, 2026. Program terms and market data can change after publication.
For education and information only. This article is not a recommendation to buy, sell or trade. Prices and events are tied to the dates stated.
