The Student Phase

The student phase is to test your trading skills while defining yourself as a trader. During the student phase, you must achieve a profit target of 10% within 30 calendar days without breaching any other rule and have a minimum of 3 trading days.

The Practitioner Phase

The practitioner phase is just to confirm the results and outcomes of the student phase. During the practitioner phase, you must achieve a profit target of 8% within 30 calendar days without breaching any other rule and have a minimum of 3 trading days.
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​​​The Master Account
You have proven that you mastered your trading skill and will be offered to trade for a Master account.

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 4% 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.
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​You can know more about when do I breach the Daily Loss Limit here

The Maximum Loss Limit is the amount the equity or balance can't go below. This rule is set to 8% of the initial account size. For example, if the trader has a $100,000 account and the Maximum Loss Limit is 8%, the equity or balance can't go below $92.000 at any moment.
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​You can know more about when do I breach the Maximum Loss Limit here
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You are allowed to hold trades over the weekend and trade during news in the evaluation stage.

You are not allowed to hold trades during news and over the weekend. A position cannot be held or opened 5 minutes before and after a high-impact news event (10 minutes total) on the affected currency. An open trade in this window on the affected currency will lead to a violation of the account. We use Forex Factory as our news calendar source. Also, holding a position over the weekend will result in a violation of the account.

During both the evaluation and Master stage, there is a 45% consistency score. This means that your biggest winning day cannot exceed 45% of your profits.

If you hit the profit target during the evaluation phase but have not yet met the 45% consistency score, you can continue trading until you meet the consistency score.

You can request a reward if you meet the 45% consistency score on the Master account on-demand. If you do not meet the 45% consistency score, you can continue trading until you meet the consistency score to request a reward on-demand.
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​Note : Consistency score is calculated as following: ( Biggest winning day / Current account Profit ) * 100%

The 10 lots limit per day rule means you can only open a total of 10 lots each day. If you go over this limit, any open trades will be closed, and you won't be able to trade until the next day. This limit resets at midnight CE(S)T. If you have trades open at midnight, they count towards the next day's limit. This rule only applies to the Master account and is NOT a hard breach. You will not lose the Master account for exceeding the daily lot limit.
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Remember! YOUR IDEAS, OUR RISK. To get funded and grow as a trader, you should be able to trade and have the right set of skills. YOU CANNOT CHEAT YOUR WAY IN.

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 to all accounts in the FundingPips X model is:

A trader is eligible to request a reward ON DEMAND with an 80% reward split if the 45% consistency score is met
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​45% Consistency score on the Master account

You can request a reward if you meet the 45% consistency score on the Master account on-demand. If you do not meet the 45% consistency score, you can continue trading until you meet the consistency score to request a reward on-demand.
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​Note: Transfers are subject to exchange rates and transaction fees. The minimum amount for a reward is 1% of the initial balance including our split.

The Master accounts can be combined into one account or you can keep it separately after passing the evaluation stage, it's up to your own preference. The Master accounts have to be from the same evaluation model to merge:

To merge the Master accounts into one account, you must send [email protected] an email or open a ticket through the helpdesk so the team can merge the account.

The evaluation fee for the FundingPips X model is non-refundable.

The activation fee is a one-time payment required after you successfully pass the evaluation phase to activate the FundingPips X Master account (FundingPips X only).
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Note: The activation fee has to be paid within 48 hours. Otherwise, the account will close.