Prop Firms
Funding Pips Rules for MT5 Traders
The Funding Pips 2 Step Standard limits, checked against the Funding Pips help centre on 6 November 2026, and the Arka Terminal tools that keep each limit in view on a Funding Pips MT5 account.
Available for Windows 10 and Windows 11
Daily loss
5% or 3%
Of the higher of balance or equity
Maximum loss
10%
Static, of starting balance
Profit targets
8% / 5%
Phase 1, Phase 2
Platform
MT5
MT4 not offered; not in the US
The 2 Step Standard Limits on One Chart
A $100,000 account over five trading days. Each day's floor is 5% below the higher of the opening balance or equity; the maximum loss floor stays at $90,000.
Funding Pips 2 Step Standard · $100,000 · Illustrative
Daily reset 00:00 platform time
- Profit target+8% · 108,000
- Starting balance100,000
- Daily loss floor5%
- Maximum loss floor10% · 90,000
- Equity (illustrative)
The equity path is illustrative. Floating and closed P&L both count toward the daily limit, which resets at 00:00 platform time (UTC+2 in winter, UTC+3 in summer).
2 Step Standard Rules
The 2 Step Standard is the Funding Pips two-phase evaluation, offered from $5,000 to $100,000.
| Rule | Phase 1 | Phase 2 |
|---|---|---|
| Profit target | 8% | 5% |
| Daily loss | 5%, or 3% with the add-on | 5%, or 3% with the add-on |
| Maximum loss | 10% of starting balance, static | 10% of starting balance, static |
| Minimum trading days | 3, or none with the 3% add-on | 3, or none with the 3% add-on |
| Forex leverage | 1:100 | 1:100 |
| Daily reset | 00:00 platform time | 00:00 platform time |
The 10% Phase 1 target was withdrawn on 24 July 2026. Source: Funding Pips 2 Step Standard
Platform Availability
Arka Terminal signs in to MetaTrader accounts only. Funding Pips offers three platforms and no MT4.
- MetaTrader 5Offered outside the USCompatible with Arka Terminal
- MetaTrader 4Not offered by Funding PipsNot supported
- cTraderOffered by Funding PipsNot supported
- Match-TraderOffered by Funding PipsNot supported
Funding Pips does not offer MT5 in the United States. US and Canadian residents can trade through Match-Trader, which Arka Terminal does not support.
How Arka Terminal Supports Funding Pips' Rules
Four tools in the terminal map directly to the 2 Step Standard limits.
Daily loss
Each Trade Sized Against the Daily Floor
Funding Pips sets each day's floor from the higher of the opening balance or equity. The order window sizes every trade from the balance at risk.
- Risk-based sizing
- The stop is set at the recent average true range, the target at twice that distance, and the volume follows from 1% of the balance at risk.
- Pre-trade Check
- Before submission, the check states the loss at the stop in money and as a share of equity, and flags any trade above 1%.
- Higher baseline
- When opening equity exceeds the balance, equity is the baseline: 5% of $107,000 allows a loss of $5,350 that day.
Maximum loss
One View of Every Open Position
The 10% floor applies to equity at all times, floating losses included. The terminal shows the combined effect of every position on a symbol.
- Group stop line
- One line sets the stop or target for every position on a symbol and shows what they add up to at that price.
- Close by kind
- Close buys, sells, winners, losers or all positions, with the floating P&L and share of the balance shown first.
- Net exposure
- The positions panel nets exposure by symbol across the account.
News rule
Releases Flagged Before the Master Window
On Master accounts, Funding Pips deducts profit from trades within 5 minutes of high-impact news. The terminal flags major releases 15 minutes ahead.
- Release alerts
- A notice 15 minutes before a release rated four stars or above on a symbol with open positions, and again once it is out.
- Releases on the chart
- Releases rated three stars and above sit on the time axis with previous, forecast and actual figures.
- AI previews
- Releases rated four stars and above carry an AI preview before and an AI reading after.
Reward cycles
Performance Measured by Day and Session
Trading Profile and Daily Review build a record from the account itself, ready for each reward cycle.
- Daily P&L
- Daily Review shows net P&L for each of the last seven days, with the day's best and worst trade.
- Weekly rhythm
- Trading Profile shows net P&L for each of the past eight weeks, by session and by symbol.
- Risk flags
- A single loss of three times the average loss, or four consecutive losses, is flagged.
Arka Terminal does not read Funding Pips' limits or close positions on the trader's behalf. These tools make risk visible before and during each trade; compliance with Funding Pips' rules remains the trader's responsibility.
Trading Conduct Rules
Restrictions beyond the loss limits, as Funding Pips states them.
News trading
No restriction during evaluation. On Master accounts, profit from trades opened or closed within 5 minutes of high-impact news or speeches is deducted.
Deliberate news trading
Purposely trading news is prohibited in every phase and leads to account closure.
Overnight and weekend holding
Always permitted during evaluation. On Master accounts, permitted with the Swing add-on.
Inactivity
An account with no completed trade for 30 consecutive days is breached. A trade counts only once it is fully closed.
Rules checked on 6 November 2026 against the Funding Pips help centre. Prop firms revise their rules; confirm the current terms on the Funding Pips site before trading. ArkaTrading is independent and is not affiliated with Funding Pips or MetaQuotes.
Connect a Funding Pips Account
Arka Terminal signs in with the MT5 credentials from the Funding Pips dashboard.
- 01
Choose MT5
Select MT5 at checkout. The platform stays the same for the life of the account, including after a reset.
- 02
Find the server
In Arka Terminal, choose MT5 and search for the server shown in the dashboard credentials. Funding Pips runs more than one MT5 server, so match the name exactly.
- 03
Sign in
Enter the account number and password. The password is stored only on the trader's computer.
Frequently Asked Questions
Can Arka Terminal be used with a Funding Pips account?
Yes, with a Funding Pips MT5 account. Funding Pips does not offer MT4, and cTrader and Match-Trader accounts cannot be connected.
Does Arka Terminal track the Funding Pips daily loss limit?
Not automatically, as it does not read Funding Pips' limits. Risk-based sizing, the Pre-trade Check and the positions panel show the loss at stake on each trade and across the account.
How is the Funding Pips daily loss calculated?
At the start of each trading day the higher of balance and equity becomes the baseline. Equity may not fall more than 5%, or 3% with the add-on, below it during the day. The limit resets at 00:00 platform time.
Is news trading allowed at Funding Pips?
During evaluation there is no news restriction. On Master accounts, profit from trades within 5 minutes of high-impact news or speeches is deducted, and deliberate news trading is prohibited in every phase.
Can US residents use Arka Terminal with Funding Pips?
No. Funding Pips does not offer MT5 in the United States, and Arka Terminal connects to MetaTrader accounts only.
The terminal built for a new generation of traders
Available for Windows 10 and Windows 11
