I would like to share my personal experience with a certain company (Funding Pips) that, in my opinion, operates dishonestly. Initially, I discovered this company on Facebook. They presented themselves as reputable, with a professional-looking platform and attractive pricing. Consequently, I decided to take part in their “10k challenge“. The challenge’s rules stated that participants must pass the first phase by achieving an 8% target and the second phase by 5%. The loss limits were set at 10% overall and 5% for daily losses.
My initial experience with the company was positive, as I swiftly passed the first phase on the very first day. On the following day, I moved on to the second phase with a target of 5%. However, it was during this phase that the company’s deceptive tactics became apparent. I suffered a loss of approximately $300, leaving my balance at $9,700 by the end of the day. On the 15th of November 2023, I started with a balance of about $9,700, as clearly shown in the provided screenshot, but I then incurred an additional loss of $200. Subsequently, I received an erroneous communication from the company, falsely alleging that I had breached the daily loss limit of $500 and claiming my starting balance was $10,029, which was entirely inaccurate.
Take a moment to examine the Trustpilot reviews for this company. While their impressive 4.8 rating initially stands out, a closer inspection of the reviews reveals several reviews are fake. Take a look the same review appears multiple times from different accounts.
