PipFarm Review (20% discount code: FOREXPROPREVIEWS)
4.3

PipFarm Review (20% discount code: FOREXPROPREVIEWS)

PipFarm is a proprietary trading firm that allows traders to join and trade their capital. This can be achieved by traders successfully passing the one-step evaluation and start managing a funded account. The company is not all about funding. It prioritizes trader growth, provides support, and celebrates traders' milestones.
Home » PipFarm Review (20% discount code: FOREXPROPREVIEWS)
Pros
  • Excellent Trustpilot Rating of 4.6/5
  • Three Unique Funding Programs
  • Professional Trader Dashboard
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
  • A Maximum Trading Period of 1 Year
  • Scaling Plan
  • First Payout After 3 Days
  • On-demand Payouts by Qualifying through the XP Feature
  • Bi-weekly Future Payouts
  • Profit Share of 70% up to 95%
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
  • Unique XP Feature
Cons
  • Minimum Withdrawal Requirement of 3% (Can be Lowered through the XP Feature)
  • Low Leverage up to 1:30 (1:50 by Qualifying through the XP Feature)

PipFarm is a proprietary trading firm that offers traders the opportunity to join and trade their capital. The company is not all about funding. It prioritizes trader growth, provides support, and celebrates traders’ milestones. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $300,000 and receive up to 95% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Who are PipFarm?

PipFarm is a proprietary trading firm with the legal name ECI Ventures Pte. Ltd., which was incorporated in June 2023. They are located in Singapore, and are being managed by CEO James Glyde. PipFarm provides traders with the opportunity to choose between three funding programs, a two-step evaluation and two one-step evaluations while being partnered with TopFX as their broker.

PipFarm’s headquarters are located at 68 Circular Road #02-01, 049422, Singapore.

Who is the CEO of PipFarm?

James Glyde is the CEO of PipFarm. He is a former cTrader executive who extends over a decade of experience at the head of the online trading industry. He has worked alongside numerous well-established entities, meaning that he has an in-depth understanding of the entire online trading space.

That said, you can expect James to apply his previous experience in product development, corporate governance, as well as risk management to ensure that PipFarm exceeds the expectations of every single trader.

Video Review

Funding Program Options

PipFarm provides its traders with three unique funding program options:

  • Two-step Evaluation
  • Static Evaluation
  • Trailing Evaluation

Two-step Evaluation

PipFarm’s Two-step Evaluation provides traders with the opportunity to manage account sizes ranging from $5,000 up to $300,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a two-step evaluation period. The Two-step Evaluation allows you to trade with leverage up to 1:30 (1:50 leverage by reaching the 50 XP milestone).

Account SizePrice
$5,000$50
$10,000$100
$20,000$150
$50,000$300
$100,000$550
$200,000$1,100
$300,000$1,550

Evaluation phase one requires a trader to reach a profit target of 6% while not surpassing their 3% maximum daily loss or 9% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of three trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 6% while not surpassing their 3% maximum daily loss or 9% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of three trading days in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account where you have a minimum withdrawal amount of 3% of the initial account balance. You must only respect the 3% maximum daily loss and 9% maximum loss rules. Your first payout is 3 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted on a bi-weekly basis. Your payouts will consist of 70% up to 95% based on the profit you earn on your funded account. Additionally, keep in mind that you have a maximum time limit of 365 days to scale your funded account to the next stage.

Profit Split Ranking

If a funded account has generated a profit between 0-3%, your profit split is 70%.

If a funded account has generated a profit between 3-6%, your profit split is 75%.

If a funded account has generated a profit between 6-9%, your profit split is 80%.

If a funded account has generated a profit between 9-12%, your profit split is 85%.

If a funded account has generated a profit of over 12%, your profit split is 90%.

Two-step Evaluation Scaling Plan

Two-step Evaluation also has a scaling plan. If a trader manages to reach a 12% profit target within a 30 calendar day period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits. Additionally, keep in mind that you have a maximum time limit of 365 days to scale your funded account to the next stage. After reaching Series D, you will reach the maximum allocation capital. Your only requirement from there will be that you will have to request a minimum of 1 withdrawal every 365 days.

Two-step Evaluation Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 6%, whereas Phase 2 also requires reaching a profit target of 6%. Funded accounts have a 3% withdrawal requirement, which can be decreased to 1% through the XP Feature Ranks.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 3%. (Scaleable up to 5% through the XP Feature Ranks)
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 9%. (Scaleable up to 10% through the XP Feature Ranks)
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 3 days.

Static Evaluation

PipFarm’s Static Evaluation provides traders with the opportunity to manage account sizes ranging from $5,000 up to $300,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Static Evaluation allows you to trade with leverage up to 1:30 (1:50 leverage by reaching the 50 XP milestone).

Account SizePrice
$5,000$50
$10,000$100
$20,000$150
$50,000$300
$100,000$550
$200,000$1,100
$300,000$1,550

The evaluation phase requires a trader to reach a profit target of 12% while not surpassing their 3% maximum daily loss or 6% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of three trading days in order to proceed to a funded account.

By completing the evaluation phase, you are awarded a funded account where you have a minimum withdrawal amount of 3% of the initial account balance. You must only respect the 3% maximum daily loss and 6% maximum loss rules. Your first payout is 3 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted on a bi-weekly basis. Your payouts will consist of 70% up to 95% based on the profit you earn on your funded account. Additionally, keep in mind that you have a maximum time limit of 365 days to scale your funded account to the next stage.

Profit Split Ranking

If a funded account has generated a profit between 0-3%, your profit split is 70%.

If a funded account has generated a profit between 3-6%, your profit split is 75%.

If a funded account has generated a profit between 6-9%, your profit split is 80%.

If a funded account has generated a profit between 9-12%, your profit split is 85%.

If a funded account has generated a profit of over 12%, your profit split is 90%.

Static Evaluation Scaling Plan

Static Evaluation also has a scaling plan. If a trader manages to reach a 12% profit target within a 30 calendar day period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits. Additionally, keep in mind that you have a maximum time limit of 365 days to scale your funded account to the next stage. After reaching Series D, you will reach the maximum allocation capital. Your only requirement from there will be that you will have to request a minimum of 1 withdrawal every 365 days.

Static Evaluation Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 12%. Funded accounts have a 3% withdrawal requirement, which can be decreased to 1% through the XP Feature Ranks.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 3%. (Scaleable up to 5% through the XP Feature Ranks)
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 6%. (Scaleable up to 7% through the XP Feature Ranks)
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. The evaluation phase has a minimum trading day requirement of 3 days.

Trailing Evaluation

PipFarm’s Trailing Evaluation provides traders with the opportunity to manage account sizes ranging from $5,000 up to $300,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Trailing Evaluation allows you to trade with leverage up to 1:30 (1:50 leverage by reaching the 50 XP milestone).

Account SizePrice
$5,000$50
$10,000$100
$20,000$150
$50,000$300
$100,000$550
$200,000$1,100
$300,000$1,550

The evaluation phase requires a trader to reach a profit target of 12% while not surpassing their 3% maximum daily loss or 12% maximum trailing loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of three trading days in order to proceed to a funded account.

By completing the evaluation phase, you are awarded a funded account where you have a minimum withdrawal amount of 3% of the initial account balance. You must only respect the 3% maximum daily loss and 12% maximum trailing loss rules. Your first payout is 3 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted on a bi-weekly basis. Your payouts will consist of 70% up to 95% based on the profit you earn on your funded account. Additionally, keep in mind that you have a maximum time limit of 365 days to scale your funded account to the next stage.

Profit Split Ranking

If a funded account has generated a profit between 0-3%, your profit split is 70%.

If a funded account has generated a profit between 3-6%, your profit split is 75%.

If a funded account has generated a profit between 6-9%, your profit split is 80%.

If a funded account has generated a profit between 9-12%, your profit split is 85%.

If a funded account has generated a profit of over 12%, your profit split is 90%.

Trailing Evaluation Scaling Plan

Trailing Evaluation also has a scaling plan. If a trader manages to reach a 12% profit target within a 30 calendar day period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits. Additionally, keep in mind that you have a maximum time limit of 365 days to scale your funded account to the next stage. After reaching Series D, you will reach the maximum allocation capital. Your only requirement from there will be that you will have to request a minimum of 1 withdrawal every 365 days.

Trailing Evaluation Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 12%. Funded accounts have a 3% withdrawal requirement, which can be decreased to 1% through the XP Feature Ranks.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 3%. (Scaleable up to 5% through the XP Feature Ranks)
  • Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. However, compared to other prop firms, PipFarm resets the highest achieved account balance to the balance after withdrawal when requesting a payout, so you don’t get penalized for withdrawing your profits. All account sizes have a maximum trailing loss of 12%. (Scaleable up to 13% through the XP Feature Ranks)
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. The evaluation phase has a minimum trading day requirement of 3 days.

XP Feature

The XP feature has been implemented to empower traders while trading and unlock power-ups as well as additional rewards with each rank until you reach the final 5th rank. Earning XP can be done in numerous ways while trading with PipFarm.

How To Earn XP?

RequirementXP Reward
Start an Evaluation1 XP
Get 1 Extra XP on Payouts (One Time Quest)1 XP
Pass KYC Process2 XP
Pass an Evaluation3 XP
Receive a Payout1 XP
Scale to Level 22 XP
Scale to Level 33 XP
Scale to Level 44 XP
Make an Overall Profit of 200 Pips on Your Account (One Time Quest)2 XP
Be Profitable for 5 Consecutive Days on Your Account (One Time Quest)2 XP
Execute a Single Trade With a 50 Pip Profit (One Time Quest)1 XP

XP Milestones

Now that you understand how you can earn XP, take a look below to see what certain milestones award you with.

MilestoneRequired XPAwarded Power-Ups
Rank 110 XP– 28-Day Inactivity Period (Increased from 14-Days)
– 50% Lower Commissions (Decreased from $6/Lot)
– Weekly Payouts (Reduced from Bi-weekly Payouts)
Rank 225 XP– 10% Capital Boost (10% Capital Added to Your Starting Balance)
– 2% Minimum Payout Requirement (Reduced from 3%)
– 5% Extra Profit Share (Increased by 5% in each Tier, Allowing a Maximum Profit Split of 95%)
– 4% Maximum Daily Loss (Increased from 3%)
Rank 350 XP– 1:50 Max Leverage (Increased from 1:30)
– No Commissions (Completely Removes Commission Fees)
– 15-Day Scaling Interval (Previously 30-Day)
– Free $50k Evaluation Account
Rank 4100 XP– 1% Minimum Payout Requirement (Reduced from 2%)
– +1% Maximum Loss (Static Increases to 7%, Trailing Increases to 13%)
– Free $100k Evaluation Account
Rank 5200 XP– Free $200k Evaluation Account
– 5% Maximum Daily Loss (Increased from 4%)
– Daily Payouts (Reduced from Weekly Payouts)
– 100% Scaling Increment (Increased from 50%), Maximum Allocation with a $200k Account can now Reach $1M

Kill Switch Feature

What Makes PipFarm Different From Other Prop Firms?

PipFarm differs from most industry-leading prop firms due to offering three funding programs, a two-step evaluation and two one-step evaluations. In addition, they also provide numerous favorable features, such as a year-long trading period, a static maximum loss rule on Two-step Evaluation and Static Evaluation, bi-weekly payouts, which can become on-demand payouts, a kill switch feature for easier risk management, and a unique XP ranking feature, providing traders with an opportunity to benefit whenever they reach a certain milestone.

PipFarm’s Two-step Evaluation is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 6% in both evaluation phases, with a 3% maximum daily and 9% maximum loss rules. You also have no maximum trading day requirements during both evaluation phases. However, you are required to trade for a minimum of 3 calendar days in each evaluation phase. The Two-step Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Two-step Evaluation stands out mainly for having a year-long trading period, a static maximum loss rule, bi-weekly payouts, which can become on-demand payouts, and a unique XP ranking feature, providing traders with an opportunity to benefit whenever they reach a certain milestone.

Example of comparison between PipFarm & FundedNext

Trading ObjectivesPipFarmFundedNext (Two-step Stellar)
Phase 1 Profit Target6%8%
Phase 2 Profit Target6%5%
Maximum Daily Loss3%5%
Maximum Loss8%10%
Minimum Trading Days3 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split70% up to 95%80% up to 95%

Example of comparison between PipFarm & Alpha Capital Group

Trading ObjectivesPipFarmAlpha Capital Group
Phase 1 Profit Target6%8%
Phase 2 Profit Target6%5%
Maximum Daily Loss3%5%
Maximum Loss8%10%
Minimum Trading Days3 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split70% up to 95%80%

Example of comparison between PipFarm & TopTier Trader

Trading ObjectivesPipFarmTopTier Trader
Phase 1 Profit Target6%10%
Phase 2 Profit Target6%5%
Maximum Daily Loss3%5%
Maximum Loss8%10%
Minimum Trading Days3 Calendar Days4 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split70% up to 95%80% up to 90%

PipFarm’s Static Evaluation is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 12%, with a 3% maximum daily and 12% maximum loss rules. You also have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 3 calendar days in the evaluation phase. Static Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Static Evaluation stands out mainly for having a year-long trading period, a static maximum loss rule, bi-weekly payouts, which can become on-demand payouts, and a unique XP ranking feature, providing traders with an opportunity to benefit whenever they reach a certain milestone.

Example of comparison between PipFarm & Finotive Funding

Trading ObjectivesPipFarmFinotive Funding (One-step Challenge)
Profit Target12%10%
Maximum Daily Loss3%4%
Maximum Loss6%7.5%
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split70% up to 95%75% up to 95%

Example of comparison between PipFarm & Goat Funded Trader

Trading ObjectivesPipFarmGoat Funded Trader
Profit Target12%10%
Maximum Daily Loss3%4%
Maximum Loss6%6%
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split70% up to 95%80% up to 95%

Example of comparison between PipFarm & FXIFY

Trading ObjectivesPipFarmFXIFY
Profit Target12%10%
Maximum Daily Loss3%5%
Maximum Loss6%6% (Trailing)
Minimum Trading Days3 Calendar Days5 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split70% up to 95%75% up to 90%

PipFarm’s Trailing Evaluation is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 12%, with a 3% maximum daily and 12% maximum trailing loss rules. You also have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 3 calendar days in the evaluation phase. Trailing Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Trailing Evaluation stands out mainly for having a year-long trading period, bi-weekly payouts, which can become on-demand payouts, and a unique XP ranking feature, providing traders with an opportunity to benefit whenever they reach a certain milestone.

Example of comparison between PipFarm & MyFlashFunding

Trading ObjectivesPipFarmMyFlashFunding (Zeus)
Profit Target12%10%
Maximum Daily Loss3%4%
Maximum Loss12% (Trailing)6% (Trailing)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split70% up to 95%80%

Example of comparison between PipFarm & Funded Trading Plus

Trading ObjectivesPipFarmFunded Trading Plus
Profit Target12%10%
Maximum Daily Loss3%4%
Maximum Loss12% (Trailing)6% (Trailing)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split70% up to 95%80% up to 100%

Example of comparison between PipFarm & MyFundedFX

Trading ObjectivesPipFarmMyFundedFX
Profit Target12%10%
Maximum Daily Loss3%4% (Scaleable up to 6%)
Maximum Loss12% (Trailing)6% (Trailing) (Scaleable up to 12%)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split70% up to 95%80% up to 92.75%

In conclusion, PipFarm differs from other industry-leading prop firms by offering three funding programs, a two-step evaluation and two one-step evaluations. In addition, they also provide numerous favorable features, such as a year-long trading period, a static maximum loss rule on Two-step Evaluation and Static Evaluation, bi-weekly payouts, which can become on-demand payouts, a kill switch feature for easier risk management, and a unique XP ranking feature, providing traders with an opportunity to benefit whenever they reach a certain milestone.

Is Getting PipFarm Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Two-step Evaluation is realistic primarily due to its relatively modest profit targets (6% in both evaluation phases) coupled with slightly below-average maximum loss rules (3% maximum daily and 9% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 3 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 70% up to 95%.
  • Receiving capital from the Static Evaluation is realistic primarily due to its slightly above-average profit target of 12% coupled with slightly below-average maximum loss rules (3% maximum daily and 6% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 3 calendar days. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 70% up to 95%.
  • Receiving capital from the Trailing Evaluation is realistic primarily due to its slightly above-average profit target of 12% coupled with above-average maximum loss rules (3% maximum daily and 12% maximum trailing loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 3 calendar days. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 70% up to 95%.

After considering all the factors, PipFarm is highly recommended since you have three funding programs to choose from, which feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

PipFarm is a proprietary trading firm that was incorporated on June, 2023. They are a company that has been developed by James Glyde, who is a former cTrader executive who extends over a decade of experience at the head of the online trading industry. He has worked alongside numerous well-established entities, meaning that he has an in-depth understanding of the entire online trading space.

While working with PipFarm and reaching funded status with the Two-step Evaluation, Static Evaluation, or Trailing Evaluation, you will be eligible to receive your first payout after reaching a withdrawal target of 3% and 3 calendar days. However, after your first payout, you will also be eligible to receive payouts if you meet the 3% withdrawal target every 14 calendar days. Additionally, you will also have the opportunity to qualify for on-demand payouts with a minimum withdrawal requirement of1% through the XP feature. Your profit split will consist of a generous 70% up to 95% based on the profit that you have generated on your funded account.

When it comes to PipFarm payment proof, you can find it mostly on their Discord channel, where you can already find payout certificates and payment proof of the first traders who have managed to reach funded status and qualify for their first payouts.

Which Broker Does PipFarm Use?

PipFarm is partnered with TopFX as their broker.

As for trading platforms, while you are working with PipFarm, they allow you to trade on cTrader.

Trading Instruments

As mentioned above, PipFarm is partnered with TopFX, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:30 (1:50 leverage by reaching the 50 XP milestone), depending on the trading instrument that you are trading.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/SGDAUD/USD
CAD/CHFCAD/JPYCHF/JPYCHF/PLNCHF/SEKCHF/SGD
DKK/NOKDKK/SEKEUR/AUDEUR/CADEUR/CHFEUR/CZK
EUR/DKKEUR/GBPEUR/HKDEUR/HUFEUR/JPYEUR/MXN
EUR/NOKEUR/NZDEUR/PLNEUR/SEKEUR/SGDEUR/TRY
EUR/USDGBP/AUDGBP/CADGBP/CHFGBP/JPYGBP/NOK
GBP/NZDGBP/PLNGBP/SEKGBP/SGDGBP/USDNOK/JPY
NOK/SEKNZD/CADNZD/CHFNZD/JPYNZD/SGDNZD/USD
USD/CADUSD/CHFUSD/CNHUSD/CZKUSD/DKKUSD/HKD
USD/HUFUSD/JPYUSD/MXNUSD/NOKUSD/PLNUSD/SEK
USD/SGDUSD/TRYUSD/ZAR

Commodities

XAG/EURXAG/USDXAU/EURXAU/USDWTI
BRENTNGAS

Indices

NED25AUS200GER40US30FR40
UK100SP35JPN225US100US500
SWI20STOXX50IT40

Cryptocurrencies

BTC/USDETH/USDXRP/USDBCH/USDDSH/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 6 USD / LOT
COMMODITIES 6 USD / LOT (Only Metals)
INDICES 0 USD / LOT
CRYPTO 0 USD / LOT

50% Lower Commission ($3 / LOT) by reaching the 10 XP milestone &

Zero Commission ($0 / LOT) by reaching the 50 XP milestone

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
cTraderClick here

Education

PipFarm doesn’t provide any additional educational content to their community.

However, PipFarm offers traders a meticulously designed trading dashboard, facilitating progress tracking, access to trading objectives, and crucial statistics. This feature also enhances risk management for a more seamless trading experience.

PipFarm Trading Dashboard

Trustpilot Feedback

PipFarm has gathered an excellent score on Trustpilot based on their community’s feedback.

On Trustpilot, PipFarm has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.6 out of 5 from a pool of 31 reviews. Notably, 87% of these reviews have awarded PipFarm the highest rating of 5 stars.

Social Media Statistics

PipFarm can also be found on numerous social media platforms.

Facebook60 Followers & 48 Likes
Twitter3,930 Followers
Instagram359 Followers
LinkedIn159 Followers
Discord1,700 Members
Telegram108 Members

Customer Support

Live Chat
Email[email protected]
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Supported LanguagesEnglish

Account Opening Process

  • Registration Form –  Register with PipFarm by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account Size – Choose your account type and account size.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 20% discount on both PipFarm account types.
  • Choose Payment Method – Choose between a credit/debit card, PayPal, Skrill, and cryptocurrency payment methods.

Conclusion

In conclusion, PipFarm is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between three funding programs: the Two-step Evaluation, which is a two-step program, and the Static Evaluation and Trailing Evaluation, which are both one-step evaluations.

PipFarm’s Two-step Evaluation is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 70% up to 95% profit splits. Traders must reach profit targets of 6% in both evaluation phases to become successfully funded. These are realistic trading objectives, considering you have a 3% maximum daily and 9% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 3 calendar days in each evaluation phase. Finally, it’s essential to note that the Two-step Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

PipFarm’s Static Evaluation is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 70% up to 95% profit splits. Traders must reach a profit target of 12% to become successfully funded. These are realistic trading objectives, considering you have a 3% maximum daily and 6% maximum loss rules to follow. Regarding time limitations, you have a maximum trading day requirement of 1 year during the evaluation phase. Additionally, you are required to trade for a minimum of 3 calendar days in the evaluation phase. Finally, it’s essential to note that the Static Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

PipFarm’s Trailing Evaluation is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 70% up to 95% profit splits. Traders must reach a profit target of 12% to become successfully funded. These are realistic trading objectives, considering you have a 3% maximum daily and 12% maximum trailing loss rules to follow. Regarding time limitations, you have a maximum trading day requirement of 1 year during the evaluation phase. Additionally, you are required to trade for a minimum of 3 calendar days in the evaluation phase. Finally, it’s essential to note that the Trailing Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend PipFarm to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as a year-long trading period, a static maximum loss rule on Two-step Evaluation and Static Evaluation, bi-weekly payouts, which can become on-demand payouts, a kill switch feature for easier risk management, and a unique XP ranking feature, providing traders with an opportunity to benefit whenever they reach a certain milestone. After considering everything PipFarm has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.

Our detailed review of PipFarm was last updated on 09.09.2024 at 12:44 (CE(S)T).

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PipFarm Review (20% discount code: FOREXPROPREVIEWS) Details

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4.0
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5.0
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4.0
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4.0
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4.3 Overall Rating

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