Prop firm rules
FundingPips rules and how to track them
FundingPips's profit targets and loss limits by program, and how to set them up in Simple Trading Journal so you always see how far you are from each limit.
Rules by program
| Program | 2 Step Standard | 2 Step Flex | 2 Step Pro | 1 Step Flex |
|---|---|---|---|---|
| Profit target | 8% → 5% | 10% → 8% | 6% → 6% | 12% |
| Max daily loss | 3% / 5% | 4% | 3% | 2% / 3% |
| Max total loss | 10% | 12% | 6% | 12% |
| Measured from | Not stated | Not stated | Not stated | Not stated |
| Minimum days | None | 1 trading day | None | Not stated |
Percentages are of the initial account balance. Two targets mean phase 1 and phase 2.
Platforms: MT5, cTrader, Match-Trader
Details worth knowing
- Where two daily limits are shown (2 Step Standard: 3% or 5%, 1 Step Flex: 2% or 3%), it depends on the option you chose at checkout.
- Minimum trading days are per phase; a day counts with a trade of at least 0.01 lots. 2 Step Standard starts "from 0 days" depending on the option.
- Close at least one trade every 30 days, or the account counts as inactive.
- On the Master account you may not open or close positions 5 minutes before or after high-impact news on the affected currencies, and holding overnight or over the weekend needs the Swing add-on.
- The rules apply to accounts bought after the latest update; existing accounts keep their original rules.
How to track FundingPips in Simple Trading Journal
- Create a new journal and choose Prop Account.
- Enter your account size as the starting capital.
- Enter the profit target, max daily loss and max total loss as amounts. On a $100,000 account, 5% is $5,000.
- For the total loss, choose "from the starting balance" or "from the highest balance (trailing)" to match the table above.
- Connect MetaTrader with the Expert Advisor so every trade arrives on its own, or import your history file.
Step-by-step: connect MetaTraderStep-by-step: import your history
The counter in your journal uses closed trades. FundingPips can also count the floating loss of open positions, so leave yourself a buffer below each limit.
Source
Checked against the official pages on September 29, 2026. Rules change and differ by account type: always confirm on FundingPips's own site. Simple Trading Journal is not affiliated with FundingPips.