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FundingPips Zero
Updated over a week ago

FundingPips Zero direct access to a Master account. It's crucial that you have a dynamic trading system & risk management profile.

  • In the event of a breach of any of the rules referred to in this section, all positions on the platform shall be closed immediately, the Customer’s Account will be closed and the right to any reward will be revoked.


The Maximum Daily Loss & Trailing Loss Limit

  • 3% Maximum Daily Loss‍ Limit

The Maximum Daily Loss is the amount the trader is allowed to lose every day. For the purpose of this rule, the higher value between equity and balance will be used. This rule is set to 3% of the starting equity or balance every day. The rule states that the equity of the day, which is the result of the currently floating PnL (Profit and Loss) in sum with all closed positions of that day, must not hit the Maximum Daily Loss limit. The daily maximum loss resets at 00:00 CE(S)T/server every day.

  • 5% Maximum Trailing Loss Limit (equity-based)

The Maximum Loss Limit is the amount the equity or balance can't go below. This rule is set to 5% of the highest equity recorded which will be locked in at the initial balance once the equity is in 5% profit. The rule incorporates a trailing mechanism based on equity, which means that it will trail and adjust to the highest equity level reached by the account until a 5% profit is reached. For example, if an account reaches a maximum equity level of $102,000 account and the Maximum Trailing Loss Limit is 5%, the equity or balance can't go below $97,000 at any moment.

The Maximum Trailing Loss Limit does not reset after a reward.

  • Maximum 1% Risk Limit

The 1% maximum risk limit rule means that your floating profit and loss (PnL) must not exceed -1% of the account size. If your floating PnL drops below -1%, the account will be closed.


Weekend Holding and News Trading on the Zero Master account

You are not allowed to hold trades during news and over the weekend on the Zero Master account. A position cannot be held or opened 10 minutes before and after a high-impact news event (20 minutes total) on the affected currency. An open trade in this window on the affected currency or holding a position over the weekend will result in a violation of the account. We use Forex Factory as our news calendar source.


Tradable instrument and commission

You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads and a 7$ commission per standard lot round turn. Crypto, Indices and Oil are commission free.

The leverage that will be applied on all accounts in the FundingPips Zero model is:

  • Forex: 1:50

  • Metals: 1:20

  • Indices: 1:20

  • Energies: 1:10

  • Crypto: 1:2


  • Bi-Weekly Reward + 95% reward split

A trader is eligible to request a reward after 14 days from the first executed trade on the Master account, with a 95% reward split, provided the following criteria are met:

  1. 15% Consistency score: A 15% consistency score is achieved, as outlined in rule 2.7.

  2. 3% Safety Cushion: The first 3% profit generated on the Master account can not be requested as a reward and acts as a safety cushion to protect your account from hitting the 3% daily loss limit by requesting a reward.

  3. Biggest Loss Cannot Exceed Biggest Win: The biggest loss on the account must not exceed the biggest win. If this condition is not met, you must continue trading until the biggest loss no longer exceeds the biggest win.

  • On-Demand Rewards + 100% reward split

Once a trader earns a Hot Seat in our firm, the trader receives On-Demand rewards with a 100% reward split applied. More can be read in our FAQ "What is the Hot Seat program?"Once a trader earns a Hot Seat in our firm, the trader receives On-Demand rewards with a 100% reward split applied. More can be read in our FAQ "What is the Hot Seat program?"


Trading Strategy

Trade the way you want. Use an "EA", trade lot sizes as big as the leverage and rules allow for as long as it is not: Gap trading, high frequency trading, server spamming, latency arbitrage, toxic trading flow, hedging, long short arbitrage, reverse arbitrage, tick scalping, server execution, opposite account trading, which are all prohibited. Also, copy trading or account management by a third-party vendor is prohibited. Such activities with Funding Pips will result in account termination. Keep in mind that using a third-party Expert Advisor is allowed as long as it is a trade or risk manager. Using any other third-party Expert Advisor is not allowed. This will lead to a denial of the trading account or reward and closure of the account.

  • 15% Consistency Score

You need to meet the 15% consistency score on the Master account to request a reward. If you do not meet the 15% consistency score, you can continue trading until you meet the consistency score. This means that the biggest winning day can not exceed 15% of the profits.

  • Maximum 1% Risk Limit

The 1% maximum risk limit rule means that your floating profit and loss (PnL) must not exceed -1% of the account size. If your floating PnL drops below -1%, the account will be closed.

  • 7 Minimum Profitable Days

You must achieve at least 7 minimum profitable days by the end of each 30-day period. The first 30-day period begins on the day of your first trade. A minimum profitable day is only counted if the day’s profit is at least 0.25% of the account balance. The 30-day period resets either at the end of each cycle or upon the processing of a reward. Failure to meet this requirement by the end of any 30-day period will result in a rule violation.


Refunds

  • The FundingPips Zero fee is non-refundable.


Toxic Trading Flow

Toxic Trading is defined as reckless risk-taking, impulsive behaviour, and a disregard for fundamental principles. The threat of toxic trading jeopardizes not only individual trader accounts but also the stability of proprietary trading firms. We will shed light on toxic trading, defining its various manifestations and underscoring the imperative for vigilance and responsibility in the pursuit of profitable trading strategies.

Toxic trading encompasses a variety of behaviours and practices, with some common characteristics including the following:

  • Excessive Risk-Taking (Over-Leveraging)

Participating in trades with disproportionately high levels of risk in relation to the trader's capital or risk tolerance. This often involves utilizing excessive leverage causing overexposure or full margin, which can magnify both gains and losses.

  • Gambling Behavior

Trading is driven by emotions rather than rational analysis, similar to gambling. Traders may pursue losses, make impulsive trades, or display addictive tendencies, leading to negative trading outcomes. Your biggest loss should not exceed 3% of the account size on the Master accounts only. Splitting up a trade into multiple positions will be counted as one single trade on any of our accounts.

  • Overtrading

Continuously entering and exiting trades without a clear strategy or rationale, resulting in diminished profitability and emotional exhaustion.

  • High-Frequency Trading (HFT) & Tick Scalping

Engaging in excessive and rapid trading activities indicative of higher volatility, which may result in significant losses.

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