GoldenPipFX is a prop trading firm headquartered in London with a maximum funding of $300,000. Furthermore, it provides leverage up to 1:100 and +10 customizable add-ons, such as profit target reduction, use of EAs, weekend trading, and more for programs.
The minimum trading period is 2 days, with no limits on the maximum time. Also, the firm allows account reset in case of a drawdown under 2%.
GoldenPipFX Company Introduction
This prop firm introduces itself as the "fastest-evolving proprietary trading firm with the most sustainable business model in the industry", which is a bold statement. While the exact foundation date isn't specified, the company is headquartered in London, United Kingdom.
Table of Key Features and Specifics
As it goes with every review on our website, in this section we will provide a table containing key specifics of the firm. Summary of Features::
Account Currency | USD |
Minimum Price | $100 |
Maximum Leverage | 1:100 |
Maximum Profit Split | 100% |
Instruments | Forex |
Assets | Not Specified |
Evaluation Steps | 2-Step |
Withdrawal Methods | Cryptocurrencies, E-payment Systems, Credit/Debit Cards |
Maximum Fund Size | Up to $300K |
First Profit Target | 8% |
Max. Daily Loss | 5% |
Challenge Time Limit | Unlimited |
News Trading | Prohibited (Allowed if Related Add-on is Purchased) |
Maximum Total Drawdown | 10% |
Trading Platforms | Not Specified |
Commission Per Round Lot | Low |
Trustpilot Score | 4.6/5 |
Payout Frequency | On-Demand |
Established Country | United Kingdom |
Established Year | Not Specified |
Important Benefits and Drawbacks
Like any prop firm, GoldenPipFX has its own collection of pros and cons. Let's break them down:
Benefits | Drawbacks |
High Profit Splits Of Up To 100% | No Live Chat Support Channel |
Flexible Trading Programs | Limited Information on the Company |
On-Demand Payouts | Limited Funding Size |
- | Impossible to Create an Account |
Account Sizes and Initial Fees
GoldenPipFX offers a relatively limited range of funding options to its partner traders. Here’s a rundown in the table below:
Funding | Price |
$10,000 | $100 |
$25,000 | $200 |
$50,000 | $300 |
$100,000 | $500 |
The funding is scalable up to $300,000, depending on your performance and certain conditions.
Models and Evaluation Rules in GoldenPipFX
The prop firm's evaluation process is designed in a simple way, operating on a 2-step model, to identify skilled and consistent traders. Here's a breakdown of the two-step challenge:
Stage | Phase 1-2 | Funded |
Trading Period | Unlimited | |
Max. Leverage | 1:100 | |
Min. trading Days | 2 | N/A |
Max. Daily Loss | 5% | |
Max. Total Drawdown | 10% | |
Profit Target | 8-5% | N/A |
Profit Limit | N/A | 10% |
An account reset option is available in case of less than 2% drawdown. You can customize some of the parameters by purchasing add-ons together with the base program. You can see the rules and add-ons for the $10K funding option in the screenshot below:
Bonuses and Promotion Programs
Based on the investigations of the prop firm's website and official sources, there are currently no promotional offers available. Also, we found no discount codes for challenge fees and related costs.
Always check the website and third-party resources to learn about any changes and updates in this regard.
Trading Instruments and Available Symbols
Based on our examinations and investigations regarding the trading markets in the mentioned prop firm, it only offers access to Forex pairs, which mainly consists of popular currencies, including:
- USD;
- EUR;
- GBP;
- CAD;
- AUD;
- And so on.
GoldenpipFX does a poor job in this part; most prop firms in the industry provide access to several various financial markets.
Which Payment Options Are Provided?
The prop firm offers a decent range of methods and options for payments to suit traders from around the world:
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin;
- E-payment Systems: Google Pay, Apple Pay, Amex;
- Credit/Debit Cards: Visa, Mastercard.
Trading Commissions and Other Costs
The website is insufficient in this section, too, lacking exact data on commissions and fees. GoldenPipFX claims to offer:
- Low commissions;
- Super-raw spreads;
- No hidden fees.
No further information is provided by the company. We will inform you via this page in case of any updates and changes in this regard.
GoldenPipFX Prop Firm Trust Scores on Relevant Sources
Trust is of significance in the world of prop trading. We usually evaluate it according to the scores on select websites, including Trustpilot and REVIEWS.io. The firm's scores on the former:
- 6 out of 5;
- 20 reviews;
- Claimed profile.
The score seems so high at the first glance, but the number of reviews is too low. Therefore, we cannot say whether this score is reliable. Furthermore, all of them are 5-star, which might indicate fake reviews.
Customer Services
Support service is one of the most critical factors in a financial company and should be seriously taken into account. The discussed prop firm provides limited contact channels for support:
- Email: support@goldenpipfx.com;
- Live Chat: Coming soon.
The website does not contain any precise information about the open hours of the support department; it just says that the customer service team is "always available".
Social Media Channels and Pages
Companies use social media platforms to post updates and insights about their activities and promotions. Channels of GoldenPipFX:
- Discord: https://discord.com/invite/YbZtDdjgM8;
- Instagram: https://instagram.com/goldenpipfx;
- Telegram: https://t.me/goldenpipfxUpdates;
- X (Formerly Twitter): https://x.com/goldenpipfx.
It's worth checking these platforms to get a feel for company's community engagement and to stay updated on their latest news and offerings.
Expert Suggestions
GoldenPipFX provides 4 different base account sizes [$10K, $25K, $50K, and $100K], with prices from $100 to $500. In this prop firm, all trades must be held for a minimum of 2 minutes.
Currently, you can contact support only via email. The live chat option is coming soon. Also, a 10% profit limit is set on funded accounts.
