Funding Pips: Emerging Prop Trading Firm in the UAE
Funding Pips, under the leadership of CEO Khaled Ayesh, is a relatively new entrant in the prop trading firm arena, having set up in the United Arab Emirates only a year ago. The firm offers traders access to the MT5 platform, partnering with BlackBull Markets as their broker.
Why Choose Funding Pips?
Advanced Trading Platform: Funding Pips provides access to the MetaTrader 5 (MT5) platform, known for its advanced trading features and user-friendly interface.
Flexible Account Sizes: With account sizes ranging from $5,000 to $100,000, Funding Pips caters to a wide range of traders, from those just starting to more experienced traders managing significant capital.
Structured Evaluation Process
Funding Pips employs a two-phase evaluation process designed to thoroughly assess and develop trading skills:
- Phase 1: Achieve an 8% profit target.
- Phase 2: Achieve a 5% profit target.
Risk Management: A maximum total drawdown of 10% is enforced across all challenges, promoting disciplined and risk-aware trading practices.
Diverse Trading Instruments
Funding Pips offers a variety of trading instruments, allowing traders to diversify their strategies:
- Forex
- Cryptocurrencies
- Indices
- Metals & Energies
Leverage Options
Funding Pips provides competitive leverage options to suit different trading styles and risk appetites:
- Forex: 1:100
- Metals & Energies: 1:50
- Indices: 1:30
- Cryptocurrencies: 1:2
A Promising Opportunity for Traders
Funding Pips represents a promising opportunity for traders seeking to excel in the financial markets. With access to advanced trading platforms, a structured evaluation process, and a diverse range of trading instruments, Funding Pips is well-equipped to support traders in achieving substantial success. The firm’s competitive leverage options and robust risk management practices make it a standout choice in the prop trading industry.