XP systemAutomated tradingInstant funded accountsScaling up to $1.5M
Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
PipFarm, founded by CEO James Glyde, offers scalable funding from $5K to $300K and a scaling program of up to $1.5M.
With a profit split up to 95%, traders can pay the challenges from $40 and withdraw profits every 2 weeks.
PipFarm allows news trading, with a maximum daily loss limit of 3% and a total drawdown of 9%. Traders can use the XP progression system to reduce commissions and increase splits.
It offers crypto and other instruments on the cTrader platform. The firm accepts Visa, Skrill, and Binance Pay payments made every 14 days.
An in-depth review of PipFarm prop trading firm
PipFarm Company Information
PipFarm is an exciting new player in the proprietary trading space. It launched in 2023 and quickly made a name for itself. Based in Singapore, PipFarm aims to shake up the prop firm industry with its trader-friendly policies and innovative features. Let's take a closer look PipFarm general information:
Founding location: Singapore
Founding year: 2023
CEO: James Glyde
Account sizes: from $5k to $300k
Challenge prices: from $40 to $1,850
PipFarm Prop Firm Summary of Specifications
To give you a quick overview of PipFarm's key offering, here's a summary of the prop firm's main specifications:
Account currency
USD
Minimum price
$40
Maximum leverage
1:30
Maximum profit split
95%
Instruments
Forex, crypto, indices, energy, metals
Assets
USD/GBP, Bitcoin, S&P 500, Gold, Natural Gas
Evaluation steps
2
Trading platform
cTrader
Withdrawal methods
Rise, Skrill, Binance Pay
Maximum fund size
$1,500,000
First profit target
6%
Maximum daily loss
3%
Challenge time limit
14 days
News trading
Yes
Maximum total drawdown
9%
Commission per round lot
6$
Trust pilot score
4.6/5
Payout frequency
14 days
Established country
Singapore
Established year
2023
PipFarm Pros & Cons
As with any prop firm, PipFarm has its strengths and potential drawbacks. Here's a balanced look at the pros and cons:
Advantages
Disadvantages
High profit splits (up to 95%)
Relatively new firm (established 2023)
Flexible funding options and scaling program
Low daily drawdown limit
Unique XP system to unlock better conditions
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Use of advanced cTrader Trading platform
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PipFarm Funding Programs and Challenge Price
The prop firm offers three evaluation programs: 1 Stage, 2 Stage, and Instant. These programs are available in three models: Endurance, Consistency, and Classic, except for Instant accounts, which are only available in the Consistency model.
Note that 1 Stage and 2 Stage programs have the same prices. PipFarm Challenge pricings:
Account Balance
1 Stage / 2 Stage
Instant
Endurance
Consistency
Classic
Consistency
$5K
$50
$40
$60
$150
$10K
$100
$80
$120
$250
$20K
$175
$150
$200
$400
$50K
$325
$275
$375
$800
$100K
$550
$450
$650
Not Available
$200K
$1,050
$850
$1,250
Not Available
$300K
$1,550
$1,250
$1,850
Not Available
PipFarm Scaling Program
One of PipFarm's standout features is its scaling program. Traders who consistently meet profit targets can qualify for additional funding rounds every 30 days, potentially scaling their account up to $1.5 million.
PipFarm’s scaling plan also allows successful traders to increase their account size incrementally, based on hitting specific growth targets.
PipFarm Sign-up & Verification Guide
Opening a trading account with PipFarm Prop Firm is a smooth, secure process designed for rapid access. To join, all you need is a valid email and a strong password. This quick PipFarm registration guide unlocks the gateway to funded trading challenges and educational resources.
#1 Go to the PipFarm Sign-Up Portal
Visit the PipFarm homepage, then either scroll to “Open an Account” or use the “Login” button to reach the registration form via the "Sign Up" option.
Click [Don't you have an account? Sign Up] to navigate to the PipFarm registration page
#2 Enter Your Credentials
Fill in your email address, set a secure password (include upper/lowercase letters, numbers, and symbols), and agree to the terms and conditions. Click “Continue” to finalize. No identity verification is required at this stage.
Enter your email address to sign up for PipFarm
You can verify your account after passing the evaluation phase by uploading supporting documents, including:
Proof of ID: Government-issued ID card
Proof of Address document: Utility bill or Bank statement
PipFarm Prop Firm Evaluation Steps Overview
PipFarm offers traders flexibility in their evaluation, with one-stage, two-stage, and Instant options available. As mentioned earlier, the prop firm offers these challenges in three models, including:
Endurance: To pass a stage and between payouts, you must have a minimum of 3 profitable days (closing balance is at least 0.5% higher than the initial balance);
Consistency: Profits of your best trading day should not be higher than a percentage of your total profit (the percentage differs based on account type and balance);
Classic: You must execute at least one closing deal per day for a specific number of days (the minimum trading day differs based on account type and balance).
Now that we understand the meaning of each model, let's examine the specific challenge rules for each type and balance.
PipFarm One-Stage Evaluation
Account Size
$5k
$10k
$20k
$50k
$100k
$200k
$300k
Maximum Daily Drawdown
3%
Trailing Drawdown or Static Drawdown
9% or 6%
Profit Target
12%
Profit Split
Up to 95%
Maximum Leverage
1:30
Minimum Profitable Days (Endurance)
3
3
3
3
3
4
5
Consistency Score
50%
50%
50%
40%
40%
30%
20%
Minimum Trading Days (Classic)
3
3
3
3
3
4
5
This challenge type is suitable for traders who want to get funded as soon as possible.
Note: In Trailing Drawdown, the maximum allowed loss level follows your highest account balance.
Challenge conditions for the PipFarm 1 Stage account
PipFarm Two-Stage Evaluation
Account Size
$5k
$10k
$20k
$50k
$100k
$200k
$300k
Maximum Daily Drawdown
3%
Static Drawdown
9%
Profit Target
9% / 6%
Profit Split
Up to 95%
Maximum Leverage
1:30
Minimum Profitable Days (Endurance)
3
3
3
3
3
4
5
Consistency Score
50%
50%
50%
40%
40%
30%
20%
Minimum Trading Days (Classic)
3
3
3
3
3
4
5
The 2 Stage program is suitable for those who seek to sharpen their trading skills and trade along the way without risking losing their own money.
Note: Without updating the reference point as the account grows, Static Drawdown shows how much the account has fallen relative to the starting value, not the peak value during trading.
PipFarm Instant Funded Accounts
Instant funded accounts feature the same rules for all account sizes. The account has no daily loss limit, only Max Open Risk, which is considered a soft breach. If your unrealised P&L exceeds 2% of the account balance, all positions will be closed, and you can continue trading.
Maximum Open Risk
2%
Equity Trailing Maximum Loss
6%
Minimum Payout
3%
Profit Split
Up to 95%
Maximum Leverage
1:30
Daily Consistency Score
25%
Note: Equity Trailing Drawdown tracks your highest real-time equity, not just your balance after closing trades.
To be eligible for a payout on Instant accounts, you must earn a minimum profit of 3%.
Bonuses and Discounts in PipFarm Prop Firm
PipFarm regularly offers discount bonuses on third-party websites. This incentivizes traders to buy an account at a discounted fee and start their prop trading journey. PipFarm has an affiliate program as well, which allows traders to refer their friends and earn up to 20% commission or even 50% discount codes for buying new challenges.
PipFarm affiliate program features and benefits
PipFarm also has an XP plan that provides several benefits, including lowered commissions, higher profit split, and daily payouts for professional traders.
PipFarm rank 5 features
PipFarm Trading Rules
Traders are allowed to hedge within the same account or correlated instruments, but hedging across multiple accounts is prohibited. Automated strategies using cTrader, plugins, and Open API are permitted, excluding HFT.
Hedging: Allowed within one account or correlated instruments, but prohibited across multiple accounts;
Expert Advisors (EA): Permitted using tools like cTrader, but not for HFT or latency arbitrage;
News Trading: Gap trading with gaps larger than 0.2% will have profits deducted.
VPN Usage
There are no specific rules regarding VPN usage on the PipFarm official website.
Hedging
Hedging is permissible within a single account or across correlated instruments. For instance, hedging between a long position in one account and a short position in another is allowed.
However, engaging in hedging across multiple accounts for the same trading instrument is considered a violation and will result in immediate and permanent disqualification.
Margin Calculation for Hedged Positions
When both a long and short position are held, the margin requirements for both are combined. For example, if 1 lot of EUR/USD is bought and 1 lot is sold simultaneously, the margin will be based on 2 lots in total.
Expert Advisors (EA)
Automated trading, including the use of strategies with tools such as cTrader Automate, trade copiers, plugins, and Open API, is supported for challenge and funded accounts.
Martingale and Arbitrage Strategies
Automated trading methods that rely on high-frequency or latency arbitrage are forbidden. These strategies are not compatible with the trading environment and will result in disqualification.
News Trading
Gap trading, which involves taking positions based on price gaps caused by significant market events or economic data releases, is not allowed.
If the gap exceeds 0.2%, any profits earned will be deducted. This rule applies during scheduled global news events, and positions cannot be opened or closed within a 2-hour window before or after these events.
PipFarm Prop Trading Platforms and Applications
PipFarm exclusively uses the cTrader platform for all its trading challenges and funded accounts. While this may disappoint traders who prefer MetaTrader. cTrader key advantages:
Algorithmic Trading: Easily implement automated strategies using cTrader's built-in cBots or the cTrader Automate programming language;
User-Friendly Interface: The platform is known for its intuitive design and ease of use, even for traders new to cTrader;
Fast Execution: cTrader offers low-latency trade execution, which is crucial for scalpers and day traders;
Mobile Trading: Robust mobile apps are available for iOS and Android allow trading on the go.
Instruments & Symbols in PipFarm
PipFarm offers 81 tradable instruments across five asset classes, from the Forex marketto Cryptocurrency.
Forex: Major, minor, and exotic currency pairs
Cryptocurrencies: Bitcoin, Ethereum, and other popular digital assets
Energy: Natural gas, Brent, and WTI oil
Metals: Gold and silver
Indices: Major global stock indices like S&P 500, NASDAQ, FTSE 100
PipFarm offers access to 81 trading instruments with leverage options of up to 1:30
This wide selection allows traders to diversify their strategies and take advantage of opportunities across different markets.
PipFarm Prop Firm Payment Methods
PipFarm offers several convenient payment options for both challenge fees and trader payouts:
Visa/MasterCard: For easily paying challenge fees
Riseworks: A popular digital payment processor offering fast and secure transactions.
Binance Pay and Coinbase: Allows payments using cryptocurrencies through the Binance exchange platform.
Skrill: A widely-used e-wallet service for online payments and money transfers.
Paypal: Using your E-wallet for fast and secure payment
The addition of Binance Pay is particularly noteworthy, as it allows traders to easily use cryptocurrencies for payments and withdrawals. This can be advantageous for international traders who may face challenges with traditional banking methods.
Payout processing times are generally fast, with most withdrawals processed within 1-3 business days. Traders who reach higher XP levels can unlock even faster payout options.
PipFarm Commission & Trading Costs
Understanding the fee structure is crucial when evaluating any prop firm. Here's a breakdown of PipFarm's main costs:
Challenge Fees: One-time fees ranging from $50 (for a $5,000 account) to $1,050 (for a $300,000 account)
Trading Commissions: $6 per lot round turn (can be reduced to $0 through XP progression)
Spreads: Variable, starting from 0.1 pips
Overnight Fees (Swaps): Apply to positions held overnight
Inactivity Fee: None
Payout Fees: PipFarm doesn’t charge any payout fee
PipFarm's commission structure is generally competitive, especially considering the high-profit splits offered. The ability to reduce or eliminate per-lot commissions through the XP system is a significant advantage for frequent traders.
PipFarm Prop Educational Materials
While PipFarm's educational offerings aren't as extensive as some larger prop firms, they do provide several valuable resources for traders:
Trading Guides: Articles and tutorials covering various aspects of prop trading and PipFarm's specific rules;
Platform Tutorials: Detailed guides on using the cTrader platform effectively;
FAQ Section: Comprehensive answers to common questions about PipFarm's programs and policies;
Blog: Regular posts on trading strategies, market analysis, and prop trading tips.
While PipFarm's educational content is growing, traders looking for extensive prop-specific training may need to supplement it with external resources.
You can also use TradingFinder's Forex education section to access additional learning materials.
PipFarm Trust Scores and Reviews
As a relatively new firm, PipFarm's online reputation is still developing. However, early reviews are mainly positive. The PipFarm Trustpilot profile has a score of 4.6 stars out of 5.
PipFarm has over 85%, 5star reviews on the Trustpilot website
While the number of reviews is still relatively low, the consistently high ratings are a promising sign. Traders appreciate PipFarm's responsive support team and the overall user experience. As with any newer firm, it's important to monitor ongoing reviews and conduct your own due diligence before committing significant capital.
PipFarm Support Review
Responsive customer support is crucial for any prop firm, and PipFarm appears to take this seriously. They offer multiple channels for traders to get assistance:
Live Chat: Available on the PipFarm website during business hours for quick queries
Email Support: support@pipfarm.com
Discord Community: An active Discord (https://discord.com/invite/pipfarm) server for traders to interact with each other and PipFarm staff
Traders report generally positive experiences with PipFarm's support team, praising their quick response times and helpful attitudes.
PipFarm Prop Social Media Channels
PipFarm maintains an active presence across several social media platforms:
PipFarm's social media strategy focuses on building a community around their brand, particularly through Discord and Twitter. While their follower counts are still growing, the engagement levels appear solid, with traders actively participating in discussions and sharing experiences.
PipFarm Comparison Table
The table below compares PipFarm's offerings with some popular proprietary trading platforms:
Overall, PipFarm offers 1-step and 2-step evaluations and uses the cTrader platform for trading. With a 0.1 pips spread, fast payouts, and zero inactivity fees, it’s a trader-friendly platform.
The firm’s positive feedback on Trustpilot, with a rating of 4.6/5, shows the platform’s fair conditions and commitment to payouts.
FAQs
What are the key differences between PipFarm's funding models?
PipFarm offers three funding models tailored to different trader profiles:
1-Stage Model: Requires achieving a 12% profit target with a 3% daily loss limit and a 6–9% trailing or static drawdown, depending on account type. Traders can qualify faster but must manage tighter risks;
2-Stage Model: Involves a 9% profit target in Phase 1 and 6% in Phase 2, with static drawdown only. This model is ideal for traders seeking a structured progression with lower initial targets;
Instant Account: Offers immediate funding with a 3% minimum payout threshold. There's no daily loss rule, but traders must stay within a 2% open risk and 6% trailing equity loss. Best suited for highly disciplined traders.
Each model varies in cost, risk tolerance, and payout requirements, offering flexibility for both aggressive and consistent strategies.
How long does it take to receive payouts from PipFarm?
Most payouts are processed within 1-3 business days, with faster options available for higher XP-ranked traders.
Does PipFarm offer a demo account?
PipFarm does not offer free demo accounts, but their evaluation challenges serve as paid simulations of live trading conditions.
Can I use expert advisors (EAs) or algorithmic trading with PipFarm?
Yes, PipFarm automated trading strategies through cTrader's cBot functionality.
What is the maximum account size in PipFarm?
The maximum account size in PipFarm is $300,000.
What is PipFarm's maximum drawdown policy, and how does it impact trading?
PipFarm enforces strict risk controls to protect capital:
Daily Loss Limit: Capped at 3%, meaning traders cannot lose more than 3% of starting balance or equity in a single day;
Total Drawdown: Set at 9%, calculated either statically or as a trailing drawdown (depending on account model);
Equity Trailing for Instant Accounts: Drawdown follows real-time equity highs, making position sizing and stop-loss discipline critical.
Breaching these limits leads to disqualification, so traders must implement robust risk management practices.
How does PipFarm calculate commissions, and can they be reduced?
PipFarm charges a $6 per round lot commission, but this can be lowered to $0 via its XP progression system. This gamified incentive rewards consistent trading with:
Reduced fees on higher XP levels
Improved profit splits, up to 95%
Faster payouts, including daily withdrawal options at elite ranks
This structure favors active, high-volume traders and long-term engagement.
What are the trading restrictions during news events at PipFarm?
PipFarm allows news trading but with restrictions:
Gap Trading Rule: If a price gap exceeds 0.2%, profits from those trades are voided;
Timing Restriction: No trades can be opened or closed within 2 hours before or after major news events.
These limitations aim to prevent unfair advantage from volatility exploitation while still allowing discretionary news-based strategies.
Which trading platform does PipFarm use, and why only cTrader?
PipFarm exclusively supports the cTrader platform, chosen for its:
Advanced charting tools
Integrated algorithmic trading via cBots
Low latency execution
Transparent pricing and depth of market visibility
While MetaTrader users may find this limiting, cTrader is especially attractive to professional traders who value execution speed and customization.
How does PipFarm's scaling plan work for funded traders?
PipFarm allows traders to scale accounts up to $1.5 million, with review cycles every 30 days. To qualify, traders must:
Hit profit targets without violating drawdown limits
Maintain consistency metrics per their account model
Have a clean trading record
As account size increases, so does the trader’s potential payout and flexibility.
What is the cost of joining a PipFarm challenge?
Pricing depends on the account size and model:
$40 to $1,850 for 1-Stage and 2-Stage
$150 to $800+ for Instant Accounts (limited to smaller balances)
Example: A $10k Consistency model costs $80, while a $300k Classic model costs $1,850.
What’s the minimum withdrawal requirement for Instant accounts?
Traders must earn at least 3% profit on their Instant account before qualifying for a payout. Once met, payouts are issued every 14 days, or faster if the trader holds high XP status.
Can I hedge positions on PipFarm accounts?
Yes, but with conditions:
Allowed: Hedging within a single account or across correlated instruments
Prohibited: Hedging the same instrument across multiple accounts
Violation results in account closure and loss of funding eligibility.
How does PipFarm's XP progression system benefit traders?
The XP system is a loyalty program where traders gain experience points based on volume, discipline, and longevity. Benefits include:
Reduced commissions
Higher profit shares
Priority payouts
Exclusive discounts and rank-based rewards
It’s PipFarm’s way to incentivize consistent trading over time.
What assets are available for trading at PipFarm?
PipFarm offers 81 instruments across five categories:
Forex: Majors, minors, exotics
Crypto: Bitcoin, Ethereum, etc.
Indices: S&P 500, NASDAQ, FTSE
Energy: Oil, gas
Metals: Gold, silver
Leverage is fixed at 1:30, which aligns with regulatory norms and supports capital preservation.
How are payouts processed?
PipFarm processes payouts every 14 days, with options like:
Binance Pay
Skrill
Rise
Visa/MasterCard
Coinbase
Processing typically takes 1–3 business days, though top XP rank traders enjoy faster turnaround.
Is there a time limit to complete PipFarm's challenges?
No, the prop firm implements no time limits for its evaluation or Instant accounts.
