FundingPips rules explained: a static floor and the 5 p.m. day
FundingPips uses a static maximum loss, which is the most trader-friendly drawdown design there is and the one most often wasted. A fixed floor means every dollar you earn is a dollar of extra room — but only if you stop treating the room as a risk budget.
Prop firms change their terms, and rules differ by plan size, phase and promotion. FundingPips’s own rules page is authoritative — always check it against the plan you hold before you trade.
FundingPips at a glance
Where a row says “set per plan size”, the firm states that limit in dollars per account rather than as a single percentage — read it off your own account and enter it when you set the account up.
The maximum loss is 10%, and the floor a fixed floor that never moves. The floor is set once and never moves, so every dollar of profit is a dollar of extra room. Compare that to a trailing account, where profit raises the line behind you: here, every point you are up is a point further from failure, and that distance is yours to keep.
This is why static-drawdown accounts reward exactly the behaviour that trailing accounts punish. Building a cushion early is not caution, it is the mechanic — every point of early profit permanently widens the corridor you get to trade inside for the rest of the account’s life, and nothing you do later can narrow it again.
The daily limit is the one that actually fails people
The daily loss limit is 5%, measured from the balance you started the day with and counting open positions. With a static maximum loss sitting comfortably below you, the daily limit becomes the rule you actually collide with — and it collides suddenly, because it is a single-session line rather than a slow one.
Because it reads equity, a floating loser is spending it right now. The most common FundingPips failure is not a sequence of bad trades; it is one position held through an adverse move by a trader who believed the loss was not counted until they took it.
A 5 p.m. reset in the middle of the US session
The day rolls at 5:00 p.m. America/New_York. That is not midnight anywhere useful — it lands inside the trading afternoon for the Americas, which produces the single most avoidable breach at this firm: a trader who has spent most of the daily limit, waits for "tomorrow", and trades again believing the counter reset when it had hours left to run.
It also cuts the other way and is worth using deliberately. A trade taken after the reset belongs to a new day with a fresh allowance, so a late-session idea after a difficult morning is not automatically reckless — but you have to know which side of the line you are standing on, in your own timezone, before you click.
Days, targets and getting paid
3 trading days on this rule set before a payout can be requested. Any day with a trade on it counts, whatever the result. The split is 80/20.
What most often ends a FundingPips account
- Spending the static cushion instead of banking it. A fixed floor turns early profit into permanent room. Trading it away converts an advantage into an ordinary account.
- Holding a floating loser against an equity-measured daily limit. The firm is reading a number that moves while you decide.
- Getting the reset hour wrong. A mid-afternoon day change is the easiest rule on this page to breach by accident.
Tracking a FundingPips account
The reason these rules are worth reading closely is that none of them are checked by your platform. Your broker shows you a balance; the firm is watching a floor, a daily limit and a share of profit that your balance alone does not tell you about. Edgekeeper loads this rule set onto an account and does the arithmetic on every trade you log: how much daily loss room is left right now, where the drawdown floor currently sits, how many qualifying days you have, and whether one big day has put the consistency rule between you and a payout.
It also warns you before you write the trade, not after. The point is not to be a scoreboard — it is to be the thing that says "this trade takes you inside the last third of your daily loss" while you can still decide something about it.
Prop firms revise their rules regularly, and they differ by plan size, by phase and sometimes by promotion. Everything above is the rule set Edgekeeper loads for FundingPips, checked against the firm's own published rules on the date at the top of this page — but FundingPips's own page is the authority, and every field is editable on your account, so if your plan differs you can change it and the app will judge you by your numbers rather than these.
FundingPips rules: common questions
Is the FundingPips drawdown static or trailing?
Static on this rule set — the floor a fixed floor that never moves. The floor is set once and never moves, so every dollar of profit is a dollar of extra room. That makes early profit permanent room rather than a line that follows you up.
What is the FundingPips daily drawdown?
5% on this rule set, measured from the day's starting balance and counting open positions, so a floating loss consumes it before you close.
When does the FundingPips trading day reset?
At 5:00 p.m. America/New_York, which falls inside the US trading afternoon rather than at midnight. Convert it to your own timezone — trading "tomorrow" several hours early is the most common accidental breach here.
How many trading days does FundingPips require?
3 on this rule set. Any day with a trade on it counts, whatever the result. The split is 80/20.
Track a FundingPips account in Edgekeeper — free
These are the exact rules Edgekeeper loads. Create the account and every trade you log updates your daily loss room, your live drawdown floor, your qualifying days and your payout eligibility — and warns you before a trade takes you past a limit. One prop account is free, forever, no card.
Track a FundingPips account freeOther prop firms
New to these limits? Start with daily loss vs. trailing max drawdown.