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A Comoros company in Dubai that won't serve Dubai
FundingPips claims to be "the world's leading firm" with 3 million traders, $297M in distributed rewards and 195+ countries served since 2022. The product: simulated trading challenges from $32 (a $5K account) to $499 ($100K), on MetaTrader 5, cTrader and Match-Trader, with a scaling path marketed to $2M. Checked 2026-08-21.
Its footer is a geography lesson: FundingPips Corp is incorporated in the Comoros Union (HY01223081), with a registered address in Dubai's IFZA Business Park and a Cypriot services company — and the same footer states services "are not offered to residents of… UAE". A Dubai-addressed company that excludes Dubai residents is the kind of detail this directory exists to surface.
The firm holds what it calls an "International Brokerage and Clearing House License" from the Comoros — and immediately notes it "does not conduct brokerage services": all accounts are "demo accounts operating exclusively in a simulated trading environment", for educational and evaluation purposes. Your fees are, by its own terms, applied to the company's operational expenses and create no custodial relationship.
The headline says "earn up to 100% rewards"; the pricing tooltip says 85% is the default split and 95% a paid add-on. As with every prop firm: the tooltip is the contract, the hero is the ad.
Key details
| Entity | FundingPips Corp, Comoros Union (HY01223081) |
| Addresses | Dubai IFZA + Cyprus services co. (HE 450941) |
| Exclusion oddity | Not offered to UAE residents — own footer |
| Accounts | All simulated demo — own disclaimer |
| Challenges | $32 ($5K) to $499 ($100K), 2-Step Flex |
| Split | 85% default; 95% as paid add-on; "100%" is copy |
| Scale claims | 3M+ traders; $297M rewards; since 2022 |
| Last checked | 2026-08-21 |
