Funding PIPS Review: Legit or scam

Funding PIPS.com claims to help traders grow in their careers by offering different levels: Student, Practitioner, Senior, and Master. It claims that it avoiding time limits reduces stress, traders can take as long as they need to progress there are no minimum or maximum trading days.

What is Funding PIPS?

Funding Pips is a platform where users, as traders, can get funding in a different way. As traders get better, their account size and limits on losses increase. It gives funding to Masters, letting them trade with up to $300,000, when traders reach ‘Hot Seat’ status, they can trade with up to $2 million.

Traders can also earn a 5% commission by referring someone who buys their first account, while the new trader gets a 5% discount

Scam Overview

Funding Pips.com claims to help traders grow through its Student, Practitioner, Senior, and Master levels. Traders can move up at their own pace without any time pressure. As traders get better, they can trade with larger account sizes and higher loss limits. Masters can trade up to $300,000, and ‘Hot Seat’ traders up to $2 million. If you refer a new trader, you get a 5% commission, and the newcomer gets a 5% discount.

However, some users have raised problems. They’ve had trouble withdrawing money, getting payouts on time, or having their accounts blocked due to billing address issues.

Some users’ accounts have been blocked without clear reasons or due to platform errors like closing trades too early or slippage. Slow customer service and sudden trading rules frustrate users and hurt their profits. Also, Users are facing unexpected market conditions

Is Funding PIPS Legit?

People have different opinions about Funding Pips. Here are some Red Flags if you’re thinking about using it.

1. Delayed Payments

Users faced problems while withdrawing funds, their payout was delayed for days, and their accounts were blocked. Funding Pips blamed billing address issues, even though users had updated their addresses. Another user requested a payout, expecting it within 1-3 days they were told the payout would be delayed due to system changes.

2. Account Issues

Some users have had their accounts permanently blocked because of problems with verification documents. The platform doesn’t provide clear instructions, and their accounts get blocked. Users with multiple accounts often face platform errors, like profits closing too early or losses not closing, and their funded accounts are often blocked with payback demands.

3. Severe Slippage

Users trading with Funding Pips experience slippage, which makes trading difficult. Users reported slippage, while their friend with another prop firm had no slippage. Another user expected a slippage of 20-30 pips but experienced 200 pips instead. Another user noticed the Nasdaq index spread, which had been stable at $0.8 for months, suddenly fluctuated between $0.8 and $2, which troubled scalp traders. The support team blamed market conditions but didn’t provide a satisfactory solution.

4. Customer Service

Users are having big problems with customer service. They’ve been waiting for weeks to get simple things fixed, but nothing’s happening. They’ve been trying to solve issues for weeks, but it appears like customer service isn’t following their rules. Instead, they give unclear answers.

5. Trading Restrictions

They’re putting strict limits on how much people can trade each day and how much they can lose. Users who have invested a lot of money are having money troubles, which makes it hard for them to make any profit they are being stopped from trading freely. Users are also finding that there are random rules put on their accounts. These rules weren’t there before, and the rules for new challenges have changed suddenly.

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