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No Regulation
Score
1.07 /10
Danger
Funding Pips
Within 1 yearSuspicious Regulatory License
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index3.65
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-11-15
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Funding PipsReview Summary | |
| Founded | 2022 |
| Registered Country/Region | United Arab Emirates |
| Regulation | Unregulated |
| Market Instruments | Forex, Metals, Indices, Energies, Cryptocurrency |
| Demo Account | / |
| Leverage | Up to 1:100 |
| Spread | RAW spreads |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Email: support@fundingpips.com |
| Live Chat | |
| Social Media: Twitter, Facebook, Instagram, YouTube, Discord | |
| Company address: Premises NO. 19948-001, IFZA Business Park, DDP Dubai U.A.E | |
Funding Pips is an online trading platform that is currently operating without regulation. Its market instruments include Forex, Metals, Indices, Energies, and Cryptocurrency.Funding Pipsclaims to provide traders with leverage up to 1:100 and RAW spreads.
Pros & Cons
| Pros | Cons |
| Multiple tradable products | Unregulated |
| Non-transparent trading conditions | |
| Absence of a trading platform |
Is Funding Pips Legit?
No. Funding Pips has not been regulated by any notable authorities, which indicates trading on this platform can be dangerous.
What Can I Trade on Funding Pips?
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ❌ |
| indices | ✔ |
| energies | ✔ |
| stocks /shares | ❌ |
| cryptocurrencies | ✔ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Leverage
| Assets | Leverage |
| Forex | 1:100 |
| Indices | 1:20 |
| Energies | 1:10 |
| Metals | 1:30 |
| Cryptocurrency | 1:2 |
Fees
According to Funding Pips, traders on this platform can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads and a 2$ commission per standard lot round turn. Crypto, Indices and Oil are commission-free.
Customer Service
| Contact Options | Details |
| support@fundingpips.com | |
| Online Chat | ✔ |
| Social Media | Twitter, Facebook, Instagram, Youtube, Discord |
| Supported Language | 30 languages |
| Website Language | English |
| Physical Address | Premises NO. 19948-001, IFZA Business Park, DDP Dubai U.A.E |
The Bottom Line
Funding Pips remain an unregulated platform though it seems professional. You should not engage with an unregulated platform no matter what.
FAQs
Is Funding Pips legit?
No. There is no sign showing Funding Pips has been regulated.
Is Funding Pips good for beginners?
No. An unregulated platform can't be good for beginners.
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