How do I spend pips, and what can I redeem?
How do I spend pips, and what can I redeem?
You spend pips in the Rewards section of The Desk. Everything you redeem is a product or credit toward your trading. Pips are never paid out as cash.
Discount coupons for FundYourFX challenges:
Coupon | Pips |
|---|---|
$10 off | 3,000 |
$25 off | 6,000 |
$50 off | 9,000 |
$100 off | 13,000 |
$250 off | 25,000 |
$500 off | 45,000 |
The smallest coupon is $10 off for 3,000 pips.
Free challenge resets: retry a breached challenge without rebuying.
Real products and instant-funded accounts: pips also redeem for hardware and funded accounts:
Reward | Pips |
|---|---|
TraderWaves Premium (3 months) | 6,000 |
5K Instant Funding | 9,900 |
10K Instant Funding | 17,900 |
25K Instant Funding | 32,900 |
50K Instant Funding | 82,900 |
100K Instant Funding | 159,900 |
200K Instant Funding | 249,900 |
AirPods Pro 2 | 37,900 |
Apple Watch Series 10 | 59,900 |
iPhone 17 (256GB) | 119,900 |
MacBook Pro 14-inch (M4) | 239,900 |
How do I redeem?
- Go to Rewards on The Desk.
- Pick the reward you want (you need enough pips for it).
- Confirm, and your pips are deducted and your coupon, product or perk is issued.
- For coupons, use the code at checkout on your next challenge.
Anything to know about coupons?
- Coupons are single-use and have an expiry date.
- They have no cash value and can't be exchanged for money.
Updated on: 20/07/2026
Thank you!