Funding Pips has introduced Google Pay and Apple Pay as new payment options for purchasing evaluations. This update provides an alternative to traditional payment methods, offering a secure and straightforward way to complete transactions. It’s uncommon for proprietary trading firms to offer these digital payment systems, making Funding Pips one of the few to do so.
Overview of Funding Pips
Funding Pips is a platform designed to help traders access funding based on their skills. Instead of using their own money, traders can qualify for accounts as large as $300,000 by going through an evaluation process. There’s no time pressure, as traders get unlimited trading days to prove their abilities.
Key details include:
- Traders can hold positions during news events and over weekends, with a leverage of 1:100.
- Maximum loss limits are set at 10%, and daily loss limits at 5%.
- Traders can scale their accounts up to $2 million, with associated increases in loss limits.
- Payouts are available weekly, and traders can receive on-demand payouts after reaching certain milestones.
- The platform only uses demo accounts in a simulated trading environment.
This new payment option gives traders a faster and easier way to get started with their evaluations. By adding Google Pay and Apple Pay, Funding Pips is giving its users more flexibility, especially since it’s not something you often see in prop firms. Traders can now jump into their evaluations without the hassle of traditional payment methods.
