2 Step Flex

2 Step Flex Model
Two phases. Two ways to earn.

2 Step Flex is a two-phase evaluation. You pass Phase 1 and Phase 2, then trade a Master Account. When you buy, you choose how you earn your rewards: an 85% split, passing each phase on its profit target, or a 95% split based on profitable days. Your choice is locked for the life of the account, and both cost the same.

  • 2-phase evaluation: Phase 1 (10%) + Phase 2 (6%) with an 85% split with no minimum trading days, or a 95% split with 3 profitable days (≥ 0.5% each).
  • Flexible, bi-weekly rewards: Choose your reward split! Get an 85% split with no minimum trading days, or 95% on profitable days.
  • 1:100 Forex leverage: The highest standard Forex leverage available across all models.
  • Generous loss limits: Trade comfortably with a 4% daily and 12% maximum loss limit.
  • Account sizes: $5K, $10K, $25K, $50K, and $100K.
Evaluation Phase
A two-phase evaluation. Pass Phase 1, then Phase 2, to reach your Master Account. The reward split you choose at purchase sets how you qualify in each phase: no minimum trading day requirement on the 85% split (pass on the target), and 3 profitable days (each ≥ 0.5%) on the 95% split.

Tests your trading skills and builds your trading profile.

Phase 1
  • Achieve a 10% profit target during Phase 1.
  • No minimum trading days on the 85% split (pass as soon as you hit the target), or 3 profitable days on the 95% split.
  • Adhere to all trading rules and risk limits.

Confirms your consistency and validates your Phase 1 performance.

Phase 2
  • Achieve a 6% profit target during Phase 2.
  • No minimum trading days on the 85% split (pass as soon as you hit the target), or 3 profitable days on the 95% split.
  • Adhere to all trading rules and risk limits.
Evaluation Reset

A second chance built for momentum. If your account is breached due to trading behavior or risk violations, a reset option at a 10% discount is available to help you restart quickly without changing your setup.

Available only for breached Phase 1 and Phase 2 accounts.

  • Available only within 7 calendar days of the breach
  • Keeps the same account number
  • Keeps the same account size
  • Keeps the same reward cycle
  • Keeps the same trading platform
  • If a Phase 2 account is reset, it restarts from Phase 1
The reset option will appear automatically on your dashboard once your account qualifies.

The Master Account

Evaluation Complete
Once you successfully pass both phases, you will be offered the opportunity to trade on a Master Account. For setup instructions, click here.
Account Violations: Hard Breach
Hard breaches are serious violations of our established rules. Committing a hard breach will result in the immediate closure of your account with no grace period.

Hard Breaches

Hard Breach: Immediate Account Closure

Immediate account termination with no grace period. Click any card to learn more.

Max Loss Limit
12%
Your equity or balance cannot hit 12% below the starting account size at any time.
How is it calculated? ↓
Daily Loss Limit
4%
Max daily loss from the higher of opening balance or equity.
How is it calculated? ↓
Risk Per Trade Idea Limit
2%
Master Account only. 2% on above $25K sizes. Not on $25K and below.
How are trade ideas grouped? ↓
Inactivity
30 days
Account breached if no completed trades within 30 consecutive days.
What counts as activity? ↓
How is the Max Loss Limit calculated?

Max Loss Limit: 12% of the starting account size.

This is a static floor; it never moves. Your equity or balance cannot touch this level at any point across both phases and the Master Account, including floating losses from open trades.

1
Worked example

Account size: $100K

12% of $100K = $12K. Your equity or balance cannot drop to $88K at any point.

How is the Daily Loss Limit calculated?

Daily Loss Limit: 4% of the higher value between your opening balance or opening equity for that day.

At the start of each trading day, the system records both your balance and your equity. Whichever is higher becomes the baseline. Your equity cannot fall by more than 4% of that baseline at any point during the day, including floating losses from open trades.

1
When equity is the higher value

Opening balance: $105K / Opening equity: $107K

Baseline = $107K (equity is higher)

4% of $107K = $4,280. Your equity cannot drop to $102,720 that day.

2
When balance is the higher value

Opening balance: $100K / Opening equity: $99K

Baseline = $100K (balance is higher)

4% of $100K = $4K. Your equity cannot drop to $96K that day.

Important
Both floating P&L and closed positions count toward the daily loss. The limit resets at 00:00 Platform Time (UTC+3). Check the countdown timer on your FundingPips dashboard.
What counts as a Risk Per Trade Idea?
Master Account Only
The Risk Per Trade Idea Limit does not apply during the evaluation phases. It is enforced on Master Accounts only, including merged or scaled accounts.

The max loss allowed on a single trade idea on your Master Account, including both realized and unrealized losses across all related positions.

  • Above $25K: a flat 2% of the Master Account Size.
  • $25K and below: no Risk Per Trade Idea Limit.
1
Single Trades

Your biggest loss on any single trade must not reach the limit for your account size.

$50K account

Limit: 2% = $1K

A single trade loss of $1K or more = Breach

$100K account

Limit: 2% = $2K

A single trade loss of $2K or more = Breach

2
Same Trade Idea: Combined Positions

Multiple positions on the same pair active at the same time are treated as one trade idea. Combined losses (including unrealized) must not reach the limit.

$50K account

Limit: 2% = $1K

Three concurrent buys on EURUSD:

  • Trade 1 loss: $400
  • Trade 2 loss: $300
  • Trade 3 loss: $300

Combined: $1K = Breach, even if Trade 1 is still open

$100K account

Limit: 2% = $2K

Three concurrent sells on XAUUSD:

  • Trade 1 floating loss: $900
  • Trade 2 floating loss: $700
  • Trade 3 floating loss: $400

Combined: $2K = Breach, regardless of whether trades remain open

3
Splitting a Trade: The 10 Minute Rule

Each new position opened in the same direction within 10 minutes of closing a losing trade is part of the same trade idea, regardless of how many. The combined loss across all of them is assessed against the limit.

$50K account

Limit: 2% = $1K

  • Trade 1: closed at $600 loss
  • Trade 2: reopened same direction within 10 min, $400 loss

Combined: $1K = Breach

$100K account

Limit: 2% = $2K

  • Trade 1: closed at $1,200 loss
  • Trade 2: reopened same direction within 10 min, $800 loss

Combined: $2K = Breach

What counts as activity?

Your account is breached if no trades are completed in 30 consecutive calendar days. At least one complete trade, opened and fully closed, must occur within any 30-day window to keep the account active.

1
When the inactivity clock starts
  • No trades placed yet: the clock starts from the account creation date.
  • Previously traded: the clock starts the day after your last trade was fully closed.
2
Open trades do not count

A trade only counts as activity once it is fully closed. Leaving a trade open does not reset or pause the inactivity timer.

Additional Guidelines: Soft Breach
Soft breaches do not lead to account closure, but may result in restrictions such as limited access or removal of profits depending on the violated rule.

News Trading & Weekend Holds

Soft Breach: Profits Removed

We use Forex Factory as our official news source. High-impact events and speeches are highlighted in red. You can also access the calendar directly through your dashboard.

Evaluation Stage

There are no restrictions on holding trades during news events during either evaluation phase. You are free to manage your trades as you see fit.

Important
Purposely trading news is prohibited and will lead to account closure.

Weekend holds are permitted during evaluation phases with no restrictions.

Master Account
Weekend Holds: Temporarily Not Allowed
A temporary change is in effect since 29 January 2026: holding trades over the weekend is currently not allowed on 2 Step Flex Master Accounts. Ensure all trades are closed before market close on Friday. Any open trades will be automatically closed by the system; this is not a hard breach.

You can hold trades during news events on the Master Account, however specific rules apply to trades opened or closed near high-impact news events.

1
The 10-minute restricted window

You cannot open or close positions within a 10-minute window surrounding a high-impact news event (red folder only) on the affected currencies. This window spans 5 minutes before and 5 minutes after the event. For high-impact speeches, the window spans 5 minutes before the speech begins until 5 minutes after it concludes.

Profits from trades opened or closed within this window will not be counted on the Master Account. The full profit of the affected trade is deducted, not just the portion earned during the window.

2
Swing trader exception: the 5-hour rule

Trades opened 5 hours or more before a high-impact event or speech are excluded from the restriction and can be closed within the restricted window. Profits from these trades will count.

Examples
  • Related currency: if news affects USD, you cannot open or close trades on any USD-related pairs within the 10-minute window.
  • Trade opened 30 minutes before the event: closing it within the window will result in those profits not being counted.
Trading Rule Clarification
  • Trades opened more than 5 hours before the news: profits will count if closed within the 10-minute window.
  • Trades opened less than 5 hours before the news: profits will not count if closed during the 10-minute window.
  • Closing any partial orders will affect the entire order, leading to a news trading flag.
  • Traders are responsible for violations if deductions exceed the daily or max loss limit.
Rewards: Minimum Amount
The minimum reward request is 1% of the Master Account Size (including FundingPips' split). Transfers are subject to exchange rates and transaction fees.

Reward Cycle

Rewards run on a single Bi-Weekly cycle: every 14 calendar days after your first executed trade on the Master Account. How you qualify depends on the reward split you chose at purchase. There is no Consistency Score on either split. Click a card to learn more.

Bi-Weekly, 85%
85%
Every 14 calendar days, no other requirement.
How does this work? ↓
Bi-Weekly, 95%
95%
Every 14 calendar days, plus 3 profitable days per cycle.
How does this work? ↓
Bi-Weekly85% Split

On the 85% split you can request a reward every 14 calendar days after your first executed trade on your Master Account. The 14-day timer is the only gate. The cycle resets after each successfully processed reward.

Bi-Weekly95% Split

On the 95% split you can request a reward every 14 calendar days after your first executed trade, and you also need 3 profitable days in the cycle. A profitable day is a day whose profit is at least 0.5% of your starting account size.

How It Works
  • The 14-day timer alone is not enough on the 95% split.
  • You need 3 profitable days within the cycle to qualify.
  • The profitable-day count resets after each reward.
Your split is locked at purchase
You choose the 85% or 95% split when you buy the account, and the choice is locked for the life of the account. Both cost the same.
Trading Conditions: Execution Parameters
Understand the mechanics of your Master Account. This includes your purchasing power, trade costs, and execution limits.
Temporary Update: Master Accounts Only
  • Weekend holds are currently not allowed. Close all trades before Friday market close. Any open trades will be closed by the system; this is not a hard breach.
  • Dynamic leverage has been applied to Metals, Energies, and Indices on Master Accounts. See the Important Information section below.

Swap-Free Add-On

Available at purchase for traders observing Islamic finance principles. Removes overnight swap charges on eligible instruments.

During purchase, traders can select the Swap-Free add-on to hold positions overnight without incurring swap (interest) fees.

MT5 Only
This add-on is exclusively available on MetaTrader 5. It is not supported on cTrader or Match-Trader.
  • Applies to Forex and Metals only.
  • Energies, Indices, and Crypto still incur standard swap charges even with the add-on active.

Commission

Standard accounts use the base commission structure. Accounts with the Swap-Free Add-on (MT5 only) pay higher commission in exchange for no overnight swap fees.

Crypto Commission Formula
Lot size x crypto price x 0.04%. For example, 1 lot of ETH/USD at $2,600 = $1.04 commission.
Instrument Standard Account Swap-Free Account (MT5)
Forex $5 per lot $10 per lot
Metals $5 per lot $10 per lot
Energies / Indices No commission No commission
Crypto 0.04% 0.04%

Leverage

Instrument Standard Account Swap-Free Account (MT5)
Forex 1:100 1:30
Metals 1:30 1:10
Energies 1:10 1:10
Indices 1:20 1:5
Crypto 1:2 1:2

When you pass Phase 2 and move to the Master Account, Crypto leverage changes from 1:2 to 1:1, including on swap-free accounts. This is a temporary change and is separate from the Dynamic Leverage below. During the evaluation phases, Crypto leverage stays at 1:2.

Important Information

We actively monitor market conditions and geopolitical developments to ensure a safe and stable trading environment. When volatility, liquidity, or overall risk levels change, we may adjust trading conditions as needed. This can include temporary changes to leverage and margin requirements. All updates will be communicated to clients promptly by email.

Leverage Update: Effective 16 March 2026 at 23:59 Server Time (UTC+3)

Temporary Dynamic Leverage

Dynamic leverage is designed to give you more trading flexibility while maintaining responsible risk controls. Instead of applying a single fixed leverage ratio to your entire position, it uses a tiered structure where smaller trade lot sizes benefit from higher leverage, and the ratio gradually decreases as your position size grows. The temporary Dynamic Leverage is applied to Metals, Indices, and Energies on Master Accounts.

Dynamic Leverage Tiers

Lot Size Leverage
0.00 - 0.05 lots 1:50
0.05 - 0.10 lots 1:30
0.10 - 0.15 lots 1:25
0.15 - 0.25 lots 1:20
0.25 - 0.50 lots 1:10
0.50 and above lots 1:5
Example

The first 0.05 lots of any position uses 1:50 leverage, meaning you only need a small fraction of the trade's full value as margin. As your position grows beyond that, each additional portion requires progressively more margin (stepping through 1:30, 1:25, 1:20, and 1:10) until any volume above 0.50 lots uses the base rate of 1:5.

Your margin requirement is calculated cumulatively, each tier only applies to the portion of volume within its range, not your entire position. So, you always benefit from the lower tiers, no matter how large your trade becomes.

Lot Size Limit

20-Lot Max per Click / Trade
A hard 20-lot limit is enforced at the platform level on every single trade. This cannot be overridden regardless of your margin or leverage allowance. For crypto specifically, a separate 1-lot limit per click applies and is the binding restriction.

Frequently Asked Questions

Is there a time limit to pass the evaluation?

No. There is no time limit on either phase. You can take as long as you need, as long as you complete at least one trade every 30 days to avoid inactivity and follow all trading rules throughout.

When will I receive my Phase 2 account after passing Phase 1?

Once you've finished all your Phase 1 objectives, your Phase 2 account will be ready! You can find your new login details right on your dashboard under Credentials.

When will I receive my Master Account after passing Phase 2?

After passing Phase 2, the Master Account is issued once the standard Master Account onboarding process is complete. This includes KYC verification, a review by the Responsible Trading Team (up to 2 working days), Customer Agreement signing, and connection to the risk management framework (a further 2 working days).

If my open trades are showing a profit above the target, have I passed?

No. To pass either phase, you need to reach the profit target with all open trades closed. Profits from trades that are still open do not count, even if they are showing a gain above the target.

What counts as a profitable day?

A profitable day is a day whose profit is at least 0.5% of your starting account size. Profitable days are how you qualify in each phase on the 95% split, and how you qualify for a reward on the 95% split.

Can I change my reward split after I buy?

No. You choose the 85% or 95% split when you buy the account, and the choice is locked for the life of the account. Both cost the same.

When can I request my first reward?

On the 85% split, 14 calendar days after your first executed trade on the Master Account. On the 95% split, you also need 3 profitable days in the cycle. The minimum reward request is 1% of the Master Account Size, including FundingPips' split.

My reward date has passed but I am not ready to request yet. Will I lose it?

No. Once your reward cycle is complete, it stays available until you choose to request it. You can submit the request whenever you are ready.

If my account drops below the limit for just a moment and then recovers, is it still a violation?

Yes. The moment your account value touches or drops below the limit, even briefly, it is counted as a violation. It does not matter if the account recovers right after.

My trade hit the loss limit during the day but closed in profit. Is my account still violated?

Yes. The violation is confirmed the moment the limit is touched. Even if the trade turns around and closes in profit, the account remains violated because the rule was broken at some point during the trade.

Does the Risk Per Trade Idea Limit apply during the phases?

No. It applies on the Master Account only, at a flat 2%, and only on the account sizes above $25K. It does not apply on account sizes $25K and below, and it does not apply during Phase 1 or Phase 2.

If one trade is profitable, can it cancel out a loss on another trade for the risk limit?

No. Profits from one trade cannot be used to offset losses from another when calculating the Risk Per Trade Idea Limit.

Does the news trading restriction apply to all order types?

Yes. The news window restriction on the Master Account applies to all order types. Opening or closing any position type within the restricted window on the affected currency will result in those profits not being counted.

Can I hold trades over the weekend?

A temporary change since 29 January 2026 means weekend holds are currently not allowed on the Master Account. Any open trades are closed automatically before the weekend, which is not a hard breach. During the evaluation phases, weekend holds are permitted.

How many lots can I open at once on crypto?

You can open a maximum of 1 lot per click on crypto, as long as your account has enough available margin.

What happens if I do not trade for a while?

If no trade is completed for 30 consecutive calendar days, the account is closed for inactivity. At least one fully closed trade within any 30-day window keeps the account active.

My account was closed for inactivity. Can I get an Evaluation Reset?

No. Evaluation Resets are only available when an account is breached due to a trading rule or risk violation. Inactivity closures do not qualify, so you would buy a new evaluation at full price.

What happens if I breach during a phase? Can I reset?

Yes. If you breach Phase 1 or Phase 2 through trading behavior or a risk-limit violation, an Evaluation Reset at a 10% discount appears automatically on your dashboard, available for 7 calendar days after the breach. It restarts you at Phase 1, even if Phase 2 was breached, and keeps the same account number, account size, reward cycle, and trading platform. It does not apply to a breached Master Account or to an account closed for inactivity.

What happens if I break one of the trading rules?

Your account is immediately locked. Any open trades are closed automatically, and the account switches to view-only mode. Your dashboard will show exactly which rule was broken and when, and you will also receive an email notification.

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