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Funding Pips offers traders a path to accessing funded accounts without risking their own capital. As a proprietary trading firm, it provides evaluation challenges where traders can prove their skills and earn profit splits on simulated trading performance -4-5. One of the firm's most attractive features is its discount program, allowing new traders to reduce entry costs. This article explores the referral code landscape and what traders should know before signing up.
What Is Funding Pips?
Funding Pips is a Dubai-based prop trading firm founded in 2020 that has grown into one of the larger multi-asset prop firms worldwide -5-9. The firm offers traders access to funded accounts up to $2 million through three evaluation models: One-Step, Two-Step (with a Pro variant), and an Instant Funding (Zero) program -4-5. With a reported payout record exceeding $260 million distributed to traders, the platform has established a significant presence in the proprietary trading space -9.
Key Features at a Glance:
Feature
DetailsHeadquarters
United Arab Emirates
Founded
2020
Platforms
Match-Trader, MetaTrader 5, cTrader
Lowest Evaluation Fee
$29
Max Profit Split
80% to 100%
Account Sizes
$5,000 to $100,000+
Payout Record
$260M+ paid to traders
Understanding the Discount Code System
Funding Pips operates through two primary discount mechanisms: affiliate referral codes and official promotional codes.
Affiliate Program Codes
The Funding Pips affiliate program allows partners to generate unique referral codes and share them with their audiences -4-7. Through this program, referrals receive a 5% discount on their first purchase when using an affiliate code, while the affiliate earns a commission -4-11. The code "D920B3FA" appears to be one such affiliate-generated code.
Official Promotional Codes
In addition to affiliate codes, Funding Pips runs limited-time official promotions. Currently, the firm offers:
How to Apply a Discount Code
The process is straightforward regardless of which code you choose:
While the referral code "D920B3FA" may offer a 5% discount, it is worth comparing this to the officially verified FP20 code which provides 20% off -3-6-10. The official 20% discount is a significantly better deal for traders looking to minimize upfront costs.
Important Safety Considerations
Funding Pips operates without regulation from any recognized financial authority -2. The firm's low WikiFX score (1.36) and user complaints about sudden account terminations and withheld profits highlight the risks associated with unregulated prop trading platforms -2. While the firm has a strong public profile and positive Trustpilot reviews (4.5 stars from tens of thousands of reviews) -5, traders should approach with caution.
Key risks to consider:
For traders looking to reduce evaluation costs, the code "D920B3FA" may provide a 5% discount, but the verified official code "FP20" offers a superior 20% savings. Whichever route you choose, carefully review the firm's terms, per-trade risk rules, and understand the risks of trading with an unregulated prop firm before making a decision -2-9.
What Is Funding Pips?
Funding Pips is a Dubai-based prop trading firm founded in 2020 that has grown into one of the larger multi-asset prop firms worldwide -5-9. The firm offers traders access to funded accounts up to $2 million through three evaluation models: One-Step, Two-Step (with a Pro variant), and an Instant Funding (Zero) program -4-5. With a reported payout record exceeding $260 million distributed to traders, the platform has established a significant presence in the proprietary trading space -9.
Key Features at a Glance:
Feature
DetailsHeadquarters
United Arab Emirates
Founded
2020
Platforms
Match-Trader, MetaTrader 5, cTrader
Lowest Evaluation Fee
$29
Max Profit Split
80% to 100%
Account Sizes
$5,000 to $100,000+
Payout Record
$260M+ paid to traders
Understanding the Discount Code System
Funding Pips operates through two primary discount mechanisms: affiliate referral codes and official promotional codes.
Affiliate Program Codes
The Funding Pips affiliate program allows partners to generate unique referral codes and share them with their audiences -4-7. Through this program, referrals receive a 5% discount on their first purchase when using an affiliate code, while the affiliate earns a commission -4-11. The code "D920B3FA" appears to be one such affiliate-generated code.
Official Promotional Codes
In addition to affiliate codes, Funding Pips runs limited-time official promotions. Currently, the firm offers:
- 20% off all evaluations using code FP20 -3-6-10
- 10% off $100K evaluations using code FP10 -3-6
- The code HELLO also provides 20% off first purchases -1-8
How to Apply a Discount Code
The process is straightforward regardless of which code you choose:
- Visit the official Funding Pips website
- Select your preferred evaluation account (1-Step, 2-Step, or Zero)
- At checkout, locate the promo/discount code field
- Enter your chosen code and click "Apply"
- The discount will reflect instantly in your total
While the referral code "D920B3FA" may offer a 5% discount, it is worth comparing this to the officially verified FP20 code which provides 20% off -3-6-10. The official 20% discount is a significantly better deal for traders looking to minimize upfront costs.
Important Safety Considerations
Funding Pips operates without regulation from any recognized financial authority -2. The firm's low WikiFX score (1.36) and user complaints about sudden account terminations and withheld profits highlight the risks associated with unregulated prop trading platforms -2. While the firm has a strong public profile and positive Trustpilot reviews (4.5 stars from tens of thousands of reviews) -5, traders should approach with caution.
Key risks to consider:
- No regulatory oversight – no financial safety net if the firm withholds funds
- Complaints exist – some traders report account closures without clear justification -2
- Per-trade risk rules – Funding Pips caps risk at approximately 2-3% per trade, which may restrict certain strategies -9
For traders looking to reduce evaluation costs, the code "D920B3FA" may provide a 5% discount, but the verified official code "FP20" offers a superior 20% savings. Whichever route you choose, carefully review the firm's terms, per-trade risk rules, and understand the risks of trading with an unregulated prop firm before making a decision -2-9.