Funding Pips has unveiled significant updates to its evaluation structure, introducing new 1-Step and 3-Step Evaluation models. Alongside these introductions, the company has announced a price increase for its existing 2-Step program.
Overview of the New 1-Step Evaluation Program
The 1-Step Evaluation program is tailored for traders who are confident in their trading skills and wish to expedite their journey to becoming funded traders. Here are the key features of the 1-Step Evaluation:
- Trading Platforms Available: Match-Trader, cTrader, Tradelocker
- Evaluation Stage: Student
- Trading Period: Unlimited
- Minimum Trading Days: None
- Maximum Daily Loss: 4%
- Maximum Total Loss: 6%
- Profit Target: 12% of the account balance
- Leverage: 1:50
- Funded Stage: Master
- Trading Period: Unlimited
- Maximum Daily Loss: Same as the Evaluation stage
- Maximum Total Loss: Same as the Evaluation stage
- Profit Target: None once funded
- Leverage: 1:50
Details of the New 3-Step Evaluation Program
The 3-Step Evaluation program offers a progressive approach, allowing traders to demonstrate their proficiency across three distinct stages: Student, Practitioner, and Senior. Each stage is designed to gradually prepare traders for the responsibilities of the funded stage. The features of each step are as follows:
- Trading Platforms Available: Match-Trader, cTrader, Tradelocker
- Evaluation Stages:
- Student / Practitioner / Senior
- Trading Period: Unlimited
- Minimum Trading Days: None
- Maximum Daily Loss: 4%
- Maximum Total Loss: 6%
- Profit Target: 5% of the account balance at each stage
- Leverage: 1:50
- Student / Practitioner / Senior
- Funded Stage: Master
- Trading Period: Unlimited
- Maximum Daily Loss: Same as the Evaluation stages
- Maximum Total Loss: Same as the Evaluation stages
- Profit Target: None once funded
- Leverage: 1:50
With these updates, Funding Pips continues to refine its offerings to better suit the needs of traders worldwide. Both the 1-Step and 3-Step Evaluation programs are available on popular trading platforms, including Match-Trader, cTrader, and Tradelocker. Traders interested in these new models should note the accompanying price adjustments for the 2-Phase program.