Welcome to our comparison between PipFarm and SabioTrade, 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 | PipFarm | SabioTrade |
---|---|---|
Incorporation date | June 2023 | October 2020 |
CEO | James Glyde | – |
Office Location | Singapore | Dublin, Ireland |
Scaling Plan |
PipFarm and SabioTrade are two reputable and trustworthy proprietary trading firms. PipFarm was incorporated in June 2023 while being managed by their CEO, James Glyde. They have their offices located in Singapore. SabioTrade, on the other hand, was incorporated in October 2020 while their offices are located in Dublin, Ireland.
Funding Program Options
Funding Program Options | PipFarm | SabioTrade |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation |
PipFarm provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation and two one-step evaluations. SabioTrade, on the other hand, allows its traders to choose a single funding program to acquire funding, a one-step evaluation.
One-step Comparison
Trading Rules/Objectives | Static Evaluation | Trailing Evaluation | One-Step Evaluation |
---|---|---|---|
Profit Target | 12% | 12% | 10% |
Maximum Daily Loss | 3% | 3% | 3% |
Maximum Loss | 6% | 12% (Trailing) | 6% (Trailing) |
Minimum Trading Days | 3, 4, or 5 Profitable Days | 3, 4, or 5 Profitable Days | No Minimum Trading Days |
Maximum Trading Period | 365 Calendar Days | 365 Calendar Days | Unlimited |
Leverage | 1:30 (1:50 with XP Milestone) | 1:30 (1:50 with XP Milestone) | 1:30 |
Profit Split | 70% up to 95% | 70% up to 95% | 80% up to 90% |
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 | Static Evaluation | Trailing Evaluation | One-Step Evaluation |
---|---|---|---|
$5,000 | $60 | $60 | |
$10,000 | $110 | $110 | |
$20,000 | $210 | $210 | $119 |
$50,000 | $350 | $350 | $289 |
$100,000 | $550 | $550 | $479 |
$200,000 | $1,100 | $1,100 | $939 |
$300,000 | $1,550 | $1,550 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with PipFarm and SabioTrade, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
PipFarm | SabioTrade | |
---|---|---|
Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | cTrader | QuadCode Platform |
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 PipFarm and which with SabioTrade.
Trading Instrument | PipFarm | SabioTrade |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Stocks | ||
ETFs | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from PipFarm and SabioTrade. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistis | PipFarm | SabioTrade |
---|---|---|
Rating | 4.7/5 | 4.0/5 |
Number of Reviews | 114 | 422 |
5-Star Ratings | 89% | 59% |
PipFarm has an excellent rating of 4.7/5. This is out of a total of 114 reviews, where 89% of them are rated as 5 stars. SabioTrade, on the other hand, has a great rating of 4.0/5. However, this is out of a total of 422 reviews, where 59% of them are rated as 5 stars.
Conclusion
In conclusion, PipFarm and SabioTrade 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. PipFarm has a two-step evaluation and two one-step evaluations, while SabioTrade has a single one-step evaluation.
This concludes our comparison between PipFarm and SabioTrade. 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!
PipFarm 20% discount code: FOREXPROPREVIEWS
SabioTrade 30% discount code: FPX
Our comparison between PipFarm and SabioTrade was last updated on 14.01.2025 at 12:49 (CE(S)T).