Full rule set for every Fewpips account, organised by product. Switch between documents using the tabs below. All policies effective March 2026.
Fewpips CFD Challenge Rules
Fewpips Operations Team · March 2026 · Version 3
Fewpips sets specific rules for CFD challenges to ensure fair, transparent, and sustainable trading for everyone. These rules are designed to:
Protect traders and capital: By recommending risk limits, we help traders avoid large, damaging losses and encourage disciplined trading habits. This supports long-term growth rather than quick, risky wins.
Maintain fairness: Prohibited practices - such as latency trading, arbitrage, exploiting low-liquidity markets, and one-sided betting - are banned because they give unfair advantages, distort market integrity, and undermine genuine skill-based trading.
Promote consistency: Traders must use consistent strategies throughout their challenge and funded account phases to ensure performance reflects real skill, not loopholes or sudden changes in approach.
Discourage gambling: Excessive margin use (70%+) is considered gambling and is not allowed, as it exposes accounts to unnecessary risk and potential termination.
Overall, these rules help create a level playing field, protect both traders and our simulated capital, and foster a professional trading environment focused on repeatable, disciplined success.
Fewpips 1-Step Challenge Rules
Maximum Daily Loss Limit - 4% of Initial Balance
Maximum Loss Limit (MLL) - See below
Minimum Trading Days - See below
Profit Target - 10%
1. Daily Loss Rule
The Daily Loss Limit is calculated using the formula: start-of-day equity minus the lowest floating equity of the day must not exceed the allowed percentage. This rule applies to both open (floating) and closed trades.
Daily Loss Limit - 1-Step: 4%.
Example - $100,000 1-Step account:
The daily loss limit is 4% = $4,000. If the trader starts the day at $100,000, they cannot lose more than $4,000 in total that day. If the trader first makes a $2,000 profit, the daily limit increases to $6,000 ($4,000 + $2,000 profit). If the total loss reaches that amount including open trades, the account is breached.
The MLL is a trailing loss limit that moves up as the account makes profits, but never moves down after losses, and can never go above the starting balance. On all Fewpips accounts the MLL is a trailing Maximum Loss Limit.
1-Step Account Size
MLL
$5,000
6%
$10,000
7%
$25,000
8%
$50,000
9%
$100,000
10%
Key points:
It only increases with profit.
It never decreases with losses.
It is capped at the initial account balance.
Withdrawals do not reset or reduce the MLL; it stays at the highest level it has ever reached.
Example - $10,000 1-Step account (7% trailing MLL):
Start: equity $10,000 → MLL breach point = $9,300 (7% below $10,000).
After +$200 profit: equity $10,200 → MLL moves up to $9,500.
Then -$100 loss: equity $10,100 → MLL stays at $9,500 (never moves down).
Then +$300 profit: equity $10,400 → MLL moves up to $9,700.
Then +$400 profit: equity $10,700 → MLL reaches $10,000 (capped at initial balance).
If equity is $10,500 and the MLL is $10,000, the trader has a $500 buffer. If the trader withdraws $300, equity drops to $10,200, but MLL stays at $10,000. Buffer shrinks from $500 to $200. If equity ever touches or goes below the active MLL, it is a breach.
Loss on a single trade should not exceed 2% of the account size (initial balance)
SL and TP must be placed on all trades on funded accounts.
7. Allowed Instruments
FX, indices, metals, commodities, crypto CFDs.
8 - 11. Rule Enforcement
All rules apply to floating and closed trades.
Violations immediately breach the account.
The system always uses the lowest equity point for rule checks.
Account Activity: Accounts in the Challenge Phase will be marked inactive if no trades are placed for 7 consecutive days. Inactive accounts will be deactivated. One executed trade resets the timer.
Fewpips 2-Step Challenge Rules
Maximum Daily Loss Limit - 4% of Initial Balance
Maximum Loss Limit (MLL) - 8% of Initial Balance
Minimum Trading Days - 5 days (does not have to be consecutive)
Profit Targets - P1: 8%, P2: 5%
1. Daily Loss Rule
Same formula as 1-Step: start-of-day equity minus the lowest floating equity of the day must not exceed 4%. Applies to open and closed trades.
Example - $100,000 2-Step: Daily loss limit = $4,000. Start: $100,000 → Low: $97,200 → Loss: $2,800 → OK. Start: $100,000 → Low: $95,600 → Loss: $4,400 → Violation.
2. Maximum Loss Limit
Trailing 8% on all account sizes. MLL only moves up with profit, never down, capped at the initial balance.
2-Step Account Size
MLL
$5,000 to $100,000
8% (all sizes)
3. Minimum Trading Days
5 days for every account size ($5K to $100K). Does not need to be consecutive.
Account Activity Requirements: Traders must remain active. Challenge phase accounts will be marked inactive if no trades are placed for 7 consecutive days. Inactive accounts will be deactivated. One executed trade resets the timer.
Automated Account Upgrade: If there are phases in the challenge you purchased, when you complete a phase the system automatically upgrades your account to the next phase and sends new credentials. When you complete the final phase, a human audit takes place before upgrading to a funded account. The audit consists of rule criteria, violation checks, and confirmation that the user has fully complied with the Fewpips terms and conditions.
Fewpips CFD Funded Account Rules
Fewpips Operations Team · March 2026 · Version 3
We have specific rules for Fewpips CFD Funded Accounts to ensure a fair, transparent, and sustainable trading environment. These rules are designed to:
Protect traders and simulated capital by enforcing risk limits that prevent large losses and encourage disciplined trading habits.
Maintain fairness by banning latency trading, arbitrage, exploiting low-liquidity markets, and one-sided betting.
Discourage gambling - excessive margin use (70%+) is considered gambling and is not allowed.
Promote consistency and professionalism - repeatable, disciplined strategies that lead to consistent success.
Fewpips 1-Step Funded Account Rules
Maximum Daily Loss Limit - 4%
Maximum Loss Limit (MLL) - See below
Minimum Trading Days - See below
40% Consistency Rule on Daily Profit
Profit Split - 80% rising to 90%
1. Daily Loss Rule
Same formula as the Challenge: start-of-day equity minus the lowest floating equity of the day must not exceed 4%. Applies to floating and closed trades.
2. Maximum Loss Limit
1-Step Funded Account Size
MLL
$5,000
6%
$10,000
7%
$25,000
8%
$50,000
9%
$100,000
10%
3. Consistency Rule (Funded Only)
No single trading day may exceed 40% of total accumulated profit. Example: if profit is $1,000, no single day can exceed $400.
4. Minimum Trading Days
Same as 1-Step Challenge: 5/4/3/2/2 days for $5K / $10K / $25K / $50K / $100K respectively.
5 - 7. News, EAs & Prohibited Activities
Same as Challenge rules, plus: NO EAs on Funded accounts, and traders must use Stop Loss and Take Profit on all funded positions.
8 - 12. Enforcement & Activity
All rules apply to floating and closed trades. Violations immediately breach the account.
The system uses the lowest equity point for daily loss checks.
Funded inactivity threshold: 14 consecutive days (vs 7 days in Challenge).
Fewpips 2-Step Funded Account Rules
Maximum Daily Loss Limit - 4%
Maximum Loss Limit (MLL) - 8%
Minimum Trading Days - 5 days (does not have to be consecutive)
40% Consistency Rule on Daily Profit
Profit Split - 80% rising to 90%
Trailing 8% MLL across all sizes ($5K to $100K). Minimum 5 active trading days per cycle. All other rules (News, EAs - none on funded, Prohibited Activities, must use SL/TP, 14-day inactivity) identical to 1-Step Funded above.
Fewpips 3-Step Funded Account Rules
Maximum Daily Loss Limit - 5%
Maximum Loss Limit (MLL) - 8%
Minimum Trading Days - 5 days (does not have to be consecutive)
40% Consistency Rule on Daily Profit
Profit Split - 80% rising to 90%
Trailing 8% MLL across all sizes ($10K to $200K). Minimum 5 active trading days. All other rules identical to 1-Step and 2-Step Funded above. NO EAs allowed; SL/TP mandatory; 14-day inactivity.
Fewpips Instant Account Rules
No challenge phase - you receive your Fewpips Funded Account instantly without evaluation.
Maximum Daily Loss Limit - N/A
Maximum Loss Limit (MLL) - See below
Minimum Trading Days - See below
Profit Split - Up to 90%
1. Maximum Loss Limit
Instant Account Size
MLL
$3,000
5%
$5,000
6%
$10,000
7%
$25,000
9%
$50,000
10%
2. Consistency Rule
No single trading day may exceed 40% of total accumulated profit.
3. Minimum Trading Days
Instant Account Size
Minimum Trading Days
$3,000
5 days
$5,000
4 days
$10,000
3 days
$25,000
2 days
$50,000
2 days
News policy, EAs (NO EAs on funded), Prohibited Activities, SL/TP requirement, and 14-day inactivity all match the other funded account types above.
For All Funded Accounts
Account Activity: Sim Funded Phase accounts marked inactive after 14 consecutive days of no trading. One executed trade resets the timer.
Profit Split & Withdrawal:
1/2/3-Step Funded: 80% for the first three withdrawals, then 90% permanently.
Instant Funded: 70% for the first three withdrawals, 80% for the next three, then 90% permanently from the seventh withdrawal onwards.
Profit split is calculated on closed trades only. Open trades do not count.
Automated Account Upgrade: Prior to upgrading to a Funded account, a human audit takes place. The audit covers rule criteria, violation checks, and compliance with all Fewpips terms and conditions.
Fewpips Future Based CFDs - 1-Step Challenge Rules
Fewpips Operations Team · Effective May 2026 · MetaTrader 5
The Fewpips Future Based CFDs 1-Step Challenge is a single-phase evaluation that gives traders a route to a simulated funded futures account. Hit the profit target within the time limit while respecting risk parameters, and your account is upgraded to the Futures Funded phase. Resets are not available on the funded account; if the funded account is breached you must re-purchase and pass the 1-Step Challenge again.
Account Sizes
$25,000 · $50,000 · $100,000
Key Metrics at a Glance
Metric
Futures 1-Step Challenge
Profit Target
5% within 35 days
Time Limit
35 calendar days
Max Daily Loss
4% of starting day balance
Max Drawdown (Trailing)
8% - 10% by account size
Trailing Type
Equity peak trailing (floor never falls)
Min. Trading Days
2 - 3 days by account size
Consistency Rule
50% max single day (of profit target)
Profit Split (post-pass)
Up to 90% (80% first 3 payouts, 90% from 4th)
Payouts (post-pass)
Every 5 business days
Minimum Withdrawal
$100 USD
EAs
Allowed with pre-approval
Weekend Holding
Not permitted
Inactivity Cancellation
14 consecutive days
Rules
1. Profit Target
Reach a profit of 5% above the starting balance within 35 calendar days while respecting all risk parameters. The 5% target is measured on the initial account balance.
2. Daily Loss Rule
Start-of-day balance minus the lowest floating equity of the day must not exceed 4%. Applies to floating and closed trades.
The Max Drawdown is a trailing limit referenced to the highest historical balance reached by the account. The floor only ever moves up; never falls back down. Drawdown is 8% - 10% of starting balance depending on account size.
Example - $100,000 account, 10% trailing drawdown:
Starting balance $100,000 → floor = $100,000 × 90% = $90,000.
Balance rises to $105,000 → new floor = $105,000 × 90% = $94,500.
Balance drops to $99,000 → floor stays at $94,500 (does not move down).
If balance drops to $94,499 → account violated.
4. Minimum Trading Days
2 - 3 active trading days per account size. Days do not need to be consecutive. To qualify as an active trading day, at least 1 trade must be held open for 3 minutes or more. The "No Minimum Trading Days" add-on removes this requirement entirely.
5. Consistency Rule
No single trading day's profit may exceed 50% of the profit target. This prevents reaching the target through a single aggressive day. If the threshold is exceeded the trader must continue trading to grow total profit until the flagged day falls within 50% or less.
Example - $50K Challenge, 5% target ($2,500): No single day can earn more than $1,250 (50% of target).
6. News Trading Policy
Trading prohibited 5 minutes before and 5 minutes after high-impact news. Restricted events: FOMC, NFP, CPI, interest rate decisions.
7. EAs & Bots
EAs and automated bots are allowed with prior approval on the Future Based CFDs 1-Step Challenge. Submit strategy documentation for review.
Loss on a single trade should not exceed 2% of the account size (initial balance)
SL and TP must be placed on all trades on funded accounts.
9. Allowed Instruments
41 symbols across 7 asset categories: Indices, Metals, Energy, FX/Dollar, Commodities, Bonds, Volatility. All instruments are Feed -F futures-based CFDs that replicate real futures prices without overnight swap. They are not real exchange contracts from CME, NYMEX, or any other regulated exchange.
10. Contract Expiry
All Future Based CFD instruments carry real expiry dates. Traders are responsible for monitoring contract expiry and closing or rolling positions before expiration. Feed -F instruments carry rolling quarterly expiration managed by the provider. Positions held through an expiry date may be forcibly closed at the prevailing market price.
11 - 13. Enforcement, Inactivity & Limits
All rules apply to floating and closed trades. Violations immediately breach the account - no grace period.
System uses the lowest equity point of the day for daily loss checks.
14 consecutive calendar days of no trading triggers automatic cancellation.
Maximum of 3 simultaneous Future Based CFD accounts per trader.
Weekend holding is not permitted on Futures CFDs.
Pricing & Fees
One-time fee per challenge. Fully refundable within 7 days of purchase, provided no trades have been placed. A $10 administration charge applies per approved refund. 3% processing fee on all deposits and withdrawals.
MT5 Commission Structure (per round trip): FX $6 / standard lot · Indices $6 / standard lot · Commodities & Metals $6 / standard lot · Crypto 0.04% of opening price per lot.
Automated Account Upgrade
When the trader completes the 5% profit target within 35 days while respecting all risk parameters, a human audit takes place (rule criteria, violation checks, terms compliance). On approval the account is upgraded to the Futures Funded phase and new credentials are issued.
Fewpips Future Based CFDs - Funded Account Rules & Terms
Fewpips Operations Team · Effective May 2026 · MetaTrader 5
The Fewpips Futures Funded Account covers two routes to funded status: the 1-Step Funded Account (entered by passing the 1-Step Challenge) and the Instant Account (direct funded access with no evaluation phase). Both share the same profit split and payout structure; risk parameters differ because the Instant Account has not been pre-filtered through a challenge.
Start-of-day balance minus the lowest floating equity of the day must not exceed 4%. Applies to floating and closed trades, on both 1-Step Funded and Instant accounts.
The Max Drawdown is a trailing limit referenced to the highest historical balance reached by the account. The floor only ever moves up; never falls back down.
1-Step Funded: 8% - 10% of starting balance, by account size.
Instant: 4% - 8% of starting balance, by account size (tighter range since there is no prior evaluation filter).
3. Minimum Trading Days
Active trading days do not need to be consecutive. To qualify as an active trading day, at least 1 trade must be held open for 3 minutes or more.
1-Step Funded: 2 - 3 days per cycle by account size.
Instant: 2 - 5 days per cycle by account size.
4. Consistency Rule
No single trading day's profit may exceed 50% of the cycle's total profit. If the threshold is exceeded the trader must continue trading to grow total profit until the flagged day falls within 50%. Inconsistent profits may be deducted and the cycle reset, or the payout request invalidated.
5. News Trading Policy
Trading prohibited 5 minutes before and 5 minutes after high-impact news. Restricted events: FOMC, NFP, CPI, interest rate decisions.
6. EAs & Bots
Expert Advisors and automated bots are NOT permitted on any Futures Funded account (1-Step Funded or Instant). All trading must be executed manually by the registered account holder.
7. Prohibited Activities
Latency scalping / HFT / tick scalping
Copy trading and managed accounts
Third-party operation (including real-time signal services)
Hedging between accounts (within Fewpips or across firms)
Extreme martingale and grid strategies
One-sided betting
Multiple IPs without justification
Feed exploitation
Account sharing or sale
Loss on a single trade should not exceed 2% of the account size (initial balance)
SL and TP must be placed on all trades on funded accounts.
8. Allowed Instruments
41 symbols across 7 asset categories: Indices, Metals, Energy, FX/Dollar, Commodities, Bonds, Volatility. All instruments are Feed -F futures-based CFDs replicating real futures prices without overnight swap. They are not real contracts from CME, NYMEX, or any other regulated exchange.
9. Contract Expiry
All Future Based CFD instruments carry real expiry dates. Traders are responsible for monitoring contract expiry. Feed -F instruments carry rolling quarterly expiration managed by the provider. Positions held through an expiry date may be forcibly closed at the prevailing market price.
10 - 13. Enforcement, Inactivity & Limits
All rules apply to floating and closed trades. Violations immediately breach the account - no grace period.
System uses the lowest equity point of the day for daily loss checks.
14 consecutive calendar days of no trading triggers automatic cancellation. One executed trade resets the timer.
Maximum of 3 simultaneous Future Based CFD accounts per trader, regardless of model.
Weekend holding is not permitted.
Terms
These Funded Terms govern your participation in the funded phase of the trading simulations offered by Fewpips (Business Registration No. 203341234), registered office La Place Creole Building, Rodney Bay, Gros Islet, St. Lucia. By holding a Futures Funded account (1-Step Funded or Instant) you confirm your agreement to be legally bound by these Terms.
Section 1: Account Architecture
1.1 Account Models. The 1-Step Funded Account is the post-evaluation funded phase, granted on successful completion of the 1-Step Challenge. The Instant Account provides direct funded access without an evaluation phase.
1.2 The 50% Consistency Rule. No single trading day's profit can exceed 50% of total profit generated during a withdrawal cycle. Fewpips reserves the right to deduct inconsistent profits and reset the cycle, or invalidate the payout request for that cycle.
1.3 Activity & Maintenance. 14 consecutive calendar days of zero trading activity results in the account being marked inactive and automatically cancelled.
1.4 Technical & Strategy Restrictions. Exploitation of system flaws or data-feed latencies is prohibited. Cross-account hedging is forbidden. EAs and bots are not permitted on any Futures Funded account. Switching between automated and manual trading styles is prohibited. Access is restricted to a maximum of 3 unique devices.
Section 2: Prohibited Trading Methodologies
Strictly forbidden: latency & arbitrage, HFT & system abuse, copy trading, group coordination, extreme martingale/grid strategies, one-sided betting, hedging between accounts, feed exploitation, multiple IPs without justification, account sharing or sale.
Section 3: Reward Disbursement & KYC
KYC verification must be completed prior to the first reward disbursement. Clients have exactly 30 calendar days from passing the evaluation (or activating an Instant account) to complete KYC; failure results in account invalidation. Required documentation: government-issued photo ID (Passport or National ID) and, where requested, Proof of Address. All payouts subject to a post-trade audit.
Section 4: Financial Specifications
4.1 The Trading Cycle. A cycle begins when the Client places their first trade in the funded account, or following a prior payout.
1-Step Funded payout cycle: every 5 business days.
Instant payout cycle: every 14 calendar days, or On-Demand once balance is >5% above starting balance, or every 7 days with the Bi-weekly Add-On.
4.2 Cycle Maintenance. Active trading days requirement (see Rule 3); 3-minute quality rule per active day; 50% consistency rule; net profit requirement (balance must exceed initial); net loss extension if cycle ends in net loss.
4.3 Payout Logistics. Minimum withdrawal $100 USD. Full withdrawals only - no partial. No open positions are permitted when requesting a withdrawal. Processing: 24-48 hours audit + 24-48 hours processing.
4.4 Profit Split. Up to 90%. The trader receives 80% on the first three withdrawals and 90% from the fourth withdrawal onwards.
4.5 Account Refresh. Trading credentials are retained after a payout. Upon confirmation of a withdrawal the account balance updates to the new starting equity and a new cycle begins automatically with the next executed trade.
4.6 Fees & Commission. 3% processing fee on all deposits and withdrawals. MT5 commission per round trip: FX $6 / standard lot · Indices $6 / standard lot · Commodities & Metals $6 / standard lot · Crypto 0.04% of opening price per lot.
Section 5: Refund & Termination
Execution of the first trade constitutes a request for immediate service performance and waives the right to a refund under standard consumer withdrawal laws. Refund may be requested within 7 days of purchase provided no trades have been placed. Accounts closed for rule violations are not eligible for refund. No resets available - if a funded account is lost, a new challenge purchase (1-Step) or new Instant account purchase is required.
A $10 administration charge applies per approved refund.
Section 6: Dispute & Chargeback
Raising a false dispute results in a permanent ban and immediate forfeiture of all account progress. If a dispute is raised the associated account is paused. To reactivate: withdraw the dispute with the financial institution, provide official proof of withdrawal, allow up to 45-60 business days for risk management to verify and reactivate credentials.
Section 7: Final Legal Provisions
Governing law: St. Lucia. Disputes settled exclusively in the courts of St. Lucia. Clients responsible for ensuring participation does not violate local laws. Fewpips reserves the right to adjust metrics and terms; clients receive 7 days' notice of significant changes via registered email. Non-disparagement: clients agree not to engage in disparagement or smear campaigns; such conduct is grounds for immediate account termination.