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FundingPips 2-Step Challenge Rules: Targets, Drawdown, Consistency and Code PFC

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FundingPips 2-Step Challenge Rules: Targets, Drawdown, Consistency and Code PFC

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FundingPips runs three 2-step challenges: Standard, Pro and Flex. They look similar on the pricing page, but the targets, loss limits and reward options differ enough to change which one suits you.

This blog post walks through the rules for each, using FundingPips' own help centre and pricing page, checked on 23 October 2026. It also covers what you'll pay with code PFC, which takes 20% off.

FundingPips 2-step models at a glance

Phase 1 target – 2-Step Standard: 8%; 2-Step Pro: 6%; 2-Step Flex: 10%
Phase 2 target – 2-Step Standard: 5%; 2-Step Pro: 6%; 2-Step Flex: 8%
Daily loss – 2-Step Standard: 3% or 5%; 2-Step Pro: 3%; 2-Step Flex: 4%
Max loss (static) – 2-Step Standard: 10%; 2-Step Pro: 6%; 2-Step Flex: 12%
Minimum trading days – 2-Step Standard: 3 (0 with 3% daily add-on); 2-Step Pro: 0; 2-Step Flex: 1
Account sizes – 2-Step Standard: $5K to $100K; 2-Step Pro: $5K to $200K; 2-Step Flex: $5K to $100K

The trade-off is easy to see:

Pro has the lowest targets but the tightest loss limits.
Flex has the most room to lose but the highest targets.
Standard sits in the middle, with a choice of daily loss limit.

FundingPips 2-step prices with code PFC

Code PFC gives 20% off FundingPips challenges. Price after code is list price × 0.80.

$5K – Standard list: $39; Standard with PFC: $31.20; Pro list: $29; Pro with PFC: $23.20; Flex list: $35; Flex with PFC: $28.00
$10K – Standard list: $72; Standard with PFC: $57.60; Pro list: $55; Pro with PFC: $44.00; Flex list: $64; Flex with PFC: $51.20
$25K – Standard list: $195; Standard with PFC: $156.00; Pro list: $145; Pro with PFC: $116.00; Flex list: $175; Flex with PFC: $140.00
$50K – Standard list: $349; Standard with PFC: $279.20; Pro list: $249; Pro with PFC: $199.20; Flex list: $299; Flex with PFC: $239.20
$100K – Standard list: $652; Standard with PFC: $521.60; Pro list: $466; Pro with PFC: $372.80; Flex list: $555; Flex with PFC: $444.00

Pro is the cheapest at every size. With code PFC, a $5K Pro challenge costs $23.20. For more low-cost options, see our best $5K prop firm challenges blog post.

2-Step Standard rules

Profit targets and trading days

You need 8% in Phase 1 and 5% in Phase 2. Each phase needs at least 3 trading days, unless you choose the 3% daily loss add-on, in which case there's no minimum.

FundingPips stopped offering the 10% Phase 1 target option on 24 July 2026. Targets count closed profit only, so an open trade showing a gain above target doesn't pass the phase until it's closed.

Daily loss

Your daily loss limit is 3% or 5%, depending on what you bought. It's measured from the higher of your opening balance or opening equity each day, and it includes floating losses. It resets at 00:00 platform time (UTC+3).

Example: you open the day with a $100K balance and $99K equity. The baseline is $100K, so with a 5% limit your equity can't fall to $95K.

Max loss

The max loss is a static 10% of the starting balance. It never trails. On a $100K account, equity can't touch $90K at any point.

Inactivity

There's no time limit to pass, but you must complete at least one trade (opened and closed) in every 30-day window. Otherwise the account is breached for inactivity.

2-Step Pro rules

Pro uses a 6% target in both phases, a 3% daily loss and a static 6% max loss.

Accounts bought on or after 26 August 2026 have no minimum trading days, so you can pass a phase in a single session if you hit the target. Accounts bought earlier keep the 1-day minimum.

The daily loss works the same way as Standard: 3% of the higher of opening balance or equity. On a $100K account with a $100K balance, equity can't fall to $97K that day. Pro is the only 2-step model that goes up to $200K.

2-Step Flex rules

Flex targets are 10% in Phase 1 and 8% in Phase 2, with a 4% daily loss, a 12% static max loss and a 1-day minimum per phase.

It's the model with the most room for drawdown. That suits traders who use wider stops and don't mind needing a bigger move to pass.

News, overnight and weekend rules

These rules apply to both Standard and Pro.

Evaluation:

No news trading restrictions.
Overnight and weekend holding are allowed on all instruments.

Master account:

Overnight and weekend holding needs the Swing add-on, bought at checkout. Without it, open trades are closed automatically each day in a 15-minute window (20:45 to 21:00 UTC in summer time, 21:45 to 22:00 UTC in winter time). Those auto-closes don't breach the account.
There's a restricted window of 5 minutes either side of high-impact news, and around high-impact speeches. Profits from trades opened or closed in that window may be deducted.
Trades opened 5 hours or more before the event are exempt, which helps swing traders.

FundingPips says purposely trading news is prohibited in both phases.

Consistency and reward cycles

There's no consistency rule in the evaluation. The 35% consistency score only applies on the Master account, and only if you choose the On Demand reward cycle.

Weekly – Standard: 60% split; Pro: 80% split
Bi-Weekly – Standard: 80% split; Pro: Not offered
On Demand – Standard: 100% split; Pro: 100% split

On Demand requirements

To request an On Demand reward:

No single day can be more than 35% of your total profit.
You need at least 7 profitable days, each with a profit of 0.5% or more of the starting Master account size.
Both reset after each reward.
The account also runs under a striking system. A warning is recorded when a single trade idea loses 1% of the account, and repeat warnings reduce the split.

The minimum reward request is 1% of the Master account size. For how consistency scores work across firms, see our consistency rules guide.

Commission, leverage and lot limits

On standard accounts:

Forex and metals: $5 per lot.
Energies and indices: no commission.
Crypto: 0.04%.

Swing and swap-free accounts pay $10 per lot on forex and metals.

Forex leverage is 1:100 on standard accounts and 1:30 on Swing accounts. There's a hard 20-lot limit per click on every trade, and a 1-lot limit per click on crypto.

Resets

If an account is breached, a discounted reset appears on your dashboard for 7 calendar days:

12% off for a Phase 1 reset;
10% off for a Phase 2 reset;
7% off for a Master reset.

Phase 2 and Master resets restart from Phase 1.

Which FundingPips 2-step model should you pick?

Lowest cost and fastest pass: Pro. It has the cheapest price and the lowest targets, with no minimum days, but you only get 6% of drawdown.
Balanced rules and Bi-Weekly rewards: Standard. It has a 10% max loss, a choice of daily limit and three reward cycles.
Most drawdown room: Flex, with a 12% max loss and a 4% daily loss.

FundingPips challenges and Master accounts are simulated. Compare FundingPips with other two-phase options in our best 2-step prop firm challenges blog post, or see how it stacks up in FundingPips vs Blueberry Funded.

FAQ

What is the FundingPips 2-Step profit target?

On 2-Step Standard, it's 8% in Phase 1 and 5% in Phase 2. On 2-Step Pro, it's 6% in both phases. On 2-Step Flex, it's 10% and then 8%.

Does FundingPips have a trailing drawdown?

No. All three 2-step models use a static max loss based on the starting balance: 10% on Standard, 6% on Pro and 12% on Flex. The daily loss limit is calculated from the higher of opening balance or equity each day.

Is there a consistency rule in the FundingPips evaluation?

No. The 35% consistency score only applies on Master accounts using the On Demand 100% reward cycle. Weekly and Bi-Weekly cycles aren't subject to it.

Can I hold trades over the weekend with FundingPips?

Yes, during the evaluation. On Master accounts, you need the Swing add-on. Without it, open trades are closed automatically each day, and the auto-close doesn't breach the account.

How much is the FundingPips discount with code PFC?

Code PFC gives 20% off. For example, a $10K 2-Step Standard drops from $72 to $57.60, and a $10K 2-Step Pro drops from $55 to $44.00. See all current codes on our prop firm discounts page.

This is not investment advice.

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