To celebrate reaching $200,000,000 in rewards for FundingPips traders, FundingPips is giving away 200 1k Instant Accounts daily through a raffle-style giveaway.
When does the raffle take place?
The giveaway starts on 18th January at 8pm Dubai time with 200 Instant Accounts awarded every 24 hours to FundingPips traders. The raffle is going to run for ten days.
How often are winners selected?
Every 24 hours, 200 winners are selected at random from all valid entries submitted during that period. Please note you can only participate once during the giveaway period and cannot claim more than one Instant Account.
Once selected, Instant Account credentials are automatically sent to the winners the following day, no additional action is required from the raffle participants.
1k Instant Account
This is an Instant account, which means there is no evaluation phase. You can begin trading to earn a Reward Split immediately. Here's what you need to know:
No evaluation phase - start trading right away, no need to wait around.
No minimum days - trade at your own pace, there’s no schedule.
No time limits - keep trading for as long as you want, there’s no deadline.
No maximum daily loss - with no cap, there’s no limit on daily losses.
No consistency score - focus on trading, not on consistency rules.
Account Violations (Hard Breach)
Hard breach are serious violations of our established rules. Committing a hard breach will result in the immediate closure of your account.
Maximum Loss Limit
The Maximum Loss Limit is the overall amount your equity or balance cannot go below. Violating this rule is a hard breach and will lead to account closure.
Maximum Loss Limit : 5% (of the initial account size)
Example:
For a $1,000 account, your equity or balance cannot drop to $950.
Rewards
You need a minimum of $50 to request a reward. Transfers are subject to exchange rates and transaction fees.
On Demand Rewards (50% Reward Split)
You can request a reward with a 50% reward split at any time.
Tradable Instruments
All assets are available with RAW spreads with a $10 commission per lot.
Leverage
Forex Majors (1:100)
Forex Exotics (1:20)
Metals (1:30)
Indices (1:20)
Oil (1:10)
Allowed Trading Strategies
Unlike our standard accounts, the 1k Instant Account gives you trading flexibility. You can use strategies such as news trading, and holding positions over the weekend. You can even take advantage of tools like third-party EAs or trade copiers. You can fully customize your trading approach to fit your style and goals. This makes it ideal for traders who want freedom and control without being limited by account rules.
Important: Hedging is not allowed.