Welcome to our comparison between Funded Trading Plus and PipFarm, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the one-step evaluations that both offer to traders from all across the globe.
Company Details
Company Details | Funded Trading Plus | PipFarm |
---|---|---|
Incorporation date | November 2021 | June 2023 |
CEO | Simon Massey | James Glyde |
Office Location | London, UK | Singapore |
Scaling Plan |
Funded Trading Plus and PipFarm are two reputable and trustworthy proprietary trading firms. Funded Trading Plus was incorporated in November 2021 while being managed by their CEO, Simon Massey. They have their offices located in London, UK. PipFarm, on the other hand, was incorporated in June 2023 while being managed by its CEO, James Glyde. Additionally, their offices are located in Singapore.
Funding Program Options
Funding Program Options | Funded Trading Plus | PipFarm |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation | ||
Instant Funding |
Funded Trading Plus provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation, a one-step evaluation, and an instant funding program. PipFarm, on the other hand, allows its traders to choose between three funding programs to acquire funding, a two-step evaluation and two one-step evaluations.
One-step Comparison
Trading Rules/Objectives | Experienced Trader Program | Static Evaluation | Trailing Evaluation |
---|---|---|---|
Profit Target | 10% | 12% | 12% |
Maximum Daily Loss | 4% | 3% | 3% |
Maximum Loss | 6% (Trailing) | 6% | 12% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days | 3 Calendar Days |
Maximum Trading Period | Unlimited | 365 Calendar Days | 365 Calendar Days |
Leverage | 1:30 | 1:30 (1:50 with XP Milestone) | 1:30 (1:50 with XP Milestone) |
Profit Split | 80% up to 100% | 70% up to 95% | 70% up to 95% |
After covering the trading objectives of each company’s one-step evaluations, let’s take a look at the account sizes and costs of these one-step evaluations.
Account Size | Experienced Trader Program | Static Evaluation | Trailing Evaluation |
---|---|---|---|
$5,000 | $60 | $60 | |
$10,000 | $110 | $110 | |
$12,500 | $119 | ||
$20,000 | $210 | $210 | |
$25,000 | $199 | ||
$50,000 | $349 | $350 | $350 |
$100,000 | $499 | $550 | $550 |
$200,000 | $999 | $1,100 | $1,100 |
$300,000 | $1,550 | $1,550 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Funded Trading Plus and PipFarm, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
Funded Trading Plus | PipFarm | |
---|---|---|
Broker | ThinkMarkets | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | Match-Trader, DXtrade, cTrader | cTrader |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with Funded Trading Plus and which with PipFarm.
Trading Instrument | Funded Trading Plus | PipFarm |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from Funded Trading Plus and PipFarm. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | Funded Trading Plus | PipFarm |
---|---|---|
Rating | 4.7/5 | 4.6/5 |
Number of Reviews | 2,175 | 31 |
5-Star Ratings | 92% | 87% |
Funded Trading Plus has an excellent rating of 4.7/5. This is out of a total of 2,175 reviews, where 92% of them are rated as 5 stars. PipFarm, on the other hand, also has an excellent rating of 4.6/5. However, this is out of a total of 31 reviews, where 87% of them are rated as 5 stars.
Conclusion
In conclusion, Funded Trading Plus and PipFarm are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. Funded Trading Plus has a two-step evaluation, a one-step evaluation, and an instant funding program, while PipFarm has a two-step evaluation and two one-step evaluations.
This concludes our comparison between Funded Trading Plus and PipFarm. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
Funded Trading Plus 10% active discount code: FOREXPROPREVIEWS
PipFarm 25% active discount code: FOREXPROPREVIEWS
Our comparison between Funded Trading Plus and PipFarm was last updated on 18.06.2024 at 07:14 (CE(S)T).