At A Glance: | |
Capital Access: | Funding options from $5,000 to $200,000 with the potential to scale to $1.5m |
Profit Sharing: | A maximum profit share of 95% is shared with the trader. |
Trading Instruments: | Forex, precious metals, energies, indices and cryptos. |
Fees: | Challenge costs range from $60 to $1,100. |
Program Flexibility: | 1-stage evaluation with trailing or static drawdown options |
Reputation: | Led by an experienced team of forex industry executives. |
- Flexible evaluation funding options
- Cost-effective screening test fee
- Choice of drawdown type (static 6% or trailing 12%)
- Up to 95% profit share
- News trading allowed
- Automated and copy trading allowed
- First payout is after 3 days, then every 14
- Automated payout system
- Ability to scale funding by 50% every 30 days
- Seamless scaling process without additional tests
- Gamified XP system with ranks and power-ups
- Stringent 12% profit target
- 1-year limit on evaluation periods
- Strict 3% max daily loss limit
- Inactivity rules (accounts deleted after 14 days)
- Does not offer a classic 2-step evaluation
- No refund when passing the evaluation
- No customizable challenges
PipFarm Review: Power-Up Your Trading with Lifetime Rewards
Welcome to another comprehensive review by Safe Prop Firms, where we delve deep into the offerings of PipFarm, a rising star in the proprietary trading industry. PipFarm promises to revolutionize your trading experience with lower commissions and a robust support system.
Here’s why PipFarm should be your go-to prop firm for trading success. Hey traders! Ready to find a prop firm that not only funds your trading dreams but also nurtures your talent? Look no further than PipFarm. PipFarm gets it—trading isn’t just about making profit; it’s about managing risks, learning from mistakes, and growing as a trader. This firm is here to support you every step of the way. What sets PipFarm apart is their innovative experience-based reward system. Unlike traditional firms that solely focus on profit margins, PipFarm recognizes and rewards traders for their experience and skill development. This approach ensures that even if every trade isn’t a winner, your growth and progress as a trader are always valued.
Why PipFarm Stands Out
Let’s be real—trading can be tough. Not every trade will be a winner, and sometimes the market can be a beast. That’s why PipFarm has crafted a unique approach to risk management, similar to setting a stop-loss on your trades. Think of it as a safety net, ensuring you can stay in the game longer and learn more. PipFarm’s funded trader program comes with a few rules, but they’re designed to help you thrive, not trip you up. Here’s a quick rundown of what you need to know to succeed with PipFarm.
The 12% Profit Target
To get started with PipFarm, you need to prove you’ve got what it takes by making a 12% profit during the pre-funding screening test. It’s pretty straightforward: if you start with $100,000, you need to grow it to $112,000. Once you hit that 12% target, your account is temporarily disabled, signalling that you’ve successfully passed the test. Easy peasy, right?
The 3% Max Daily Loss Rule
Every trader knows that managing losses is just as important as making gains. At PipFarm, there is a max daily loss limit to protect you. Your equity can’t drop more than 3% from the previous day’s end-of-day balance. For example, if you ended Wednesday with $100,500, you can’t fall below $97,485 on Thursday. This rule keeps you in check and helps you avoid catastrophic losses.
Choosing Your Max Loss: Static vs. Trailing
PipFarm offers two options for managing your maximum loss: a 6% static drawdown or a 12% trailing drawdown.
- 6% Static Max Drawdown: Your equity can’t fall more than 6% from your starting balance. So, if you begin with $100,000, your max loss is capped at $6,000. Simple and straightforward.
- 12% Trailing Max Drawdown: This option is a bit more flexible. Your equity can’t fall more than 12% from your highest account value, or “high watermark.” So, if you hit $100,500, your new max loss is $88,440, allowing for more growth potential without increasing risk.
Stay Active or Stay Informed
PipFarm values active trading. You will fail the evaluation if your account goes dormant for 14 days. However, the inactivity period can be increased by unlocking the 28-day inactivity period power-up when you reach rank 1.
What PipFarm Doesn’t Have
Unlike other prop firms, PipFarm doesn’t have arbitrary rules designed to trip you up. There are no consistency rules, lot size restrictions, or bans on scalping or other trading strategies. PipFarm is all about giving you the freedom to trade your way.
Why Choose PipFarm?
PipFarm believes in giving traders the tools and support they need to succeed. With clear rules, risk management strategies, and a supportive environment, you can focus on what you do best—trading. So, if you’re ready to take your trading to the next level, consider joining PipFarm and let’s grow together!
Key Features
- Scaling Program PipFarm is committed to nurturing career traders. They provide additional funding rounds every 30 days to traders who meet their targets, enabling significant growth and scaling opportunities.
- 1:30 Leverage With leverage of up to 1:30 on most products, traders can maximize their trading potential without the constraints of restrictive exposure limits.
- $300k Max Funding PipFarm offers impressive account scaling, increasing in increments of your initial funding up to a remarkable $500k. Achieve your targets and continue to expand your funding potential.
- 1 Stage Evaluation Simplifying the funding process, PipFarm requires only a single evaluation stage on cTrader. Prove your skills once and secure your first round of funding without the hassle of multiple evaluations.
- cTrader Platform Exclusive to cTrader, PipFarm harnesses the power of this platform to bring out the best in every trader. Enjoy the robust features and capabilities that cTrader offers.
- No Add-ons Transparency and fairness are at the core of PipFarm’s philosophy. They charge a straightforward enrollment fee for taking the test, with no hidden costs or add-ons. Every member receives optimal conditions.
- Trade Any Strategy Flexibility in trading is a hallmark of PipFarm. Whether you prefer automatic or manual trading strategies, you have the freedom to trade your way. The only exception is high-frequency trading (HFT) or copying other traders in the community.
- Superb Conditions PipFarm offers competitive conditions with test and funded accounts enjoying $6 per lot commissions and raw spreads, comparable to leading cTrader brokers.
- 95% Profit Share Profit is calculated in tiers. Starting from 70% and increases by 5% for each 3% your earn up to 12%. If you reach rank 2, you qualify for an extra 5% profit share, meaning your percentage can reach 95%.
- Unlock Features with XP Earn Experience Pips (XP) as you trade with PipFarm. Unlock new features, build your rank, and elevate your trading to new levels with high drawdown, faster and larger payouts, higher leverage, lower commissions and much more.
How It Works
PipFarm’s process is straightforward and designed to get you trading efficiently:
- Start: Select your desired account size and complete the registration process.
- Trade: Trade according to the firm’s rules and achieve the profit targets without violating the drawdown limits.
- Evaluation: Upon successful completion of the evaluation, traders are funded and can start trading with PipFarm’s capital.
- Scale: Consistently profitable traders can leverage the scaling program to access larger accounts.
Competitor Comparison
When compared to other prop firms like FTMO and Funding Pips, PipFarm holds its ground strongly. The firm offers competitive profit splits, lower fees, and a more flexible approach to evaluation timelines, making it an excellent choice for traders at all levels.
Feature | PipFarm | FTMO | Funding Pips |
Evaluation Stages | 1 | 2 | 1, 2 or 3 |
Evaluation Period | 1 year | No time limit | No time limit |
Profit Split | Up to 95% | 90% | 80% |
Maximum Drawdown | 6% or 12% | 10% | 6% |
Account Sizes | $5k – $200k | $10k – $200k | $5k – $100k |
Scaling Program | Yes | Yes | Yes |
Commission Fees | Lower | Standard | Standard |
Trader Testimonials
Traders from all over have shared their positive experiences with PipFarm:
- Mustafa boğaçhan ilhan: “This is real experience from real person who is just a customer. I’ve been trading on prop firms for 2 years and got experience with many of them. Pipfarm is the best right now. Good spreads, best prices, only loyalty system at sector, very good customar care. I got my payment (3k$) in 3 hours after requested and at saturday. Thanks to it’s CEO James for good communication.
- Alexandre Campinas: “Small company starting with the right values: transparency and aiming for a long-term relationship with traders. I’m happy to find a good propfirm, in the midst of the current scenario, which is not the best. PipFarm uses cTrader, give it a try before giving up, you might be surprised! I already received two payouts without any problems. James and the rest of the team are always willing to help. We have a discord community that you can come in and clarify all types of doubts. ^^ Thanks!”
PipFarm’s Seed Funding and Evaluation Process
PipFarm’s Accounts page is designed to offer traders a comprehensive view of their funding options and the steps involved in securing capital for trading. Here’s a detailed breakdown of the key elements on the page:
1. Choose Your Seed Funding
PipFarm emphasizes a simple yet effective process to secure trading capital. Traders can choose their seed funding amount by passing a 1-stage trading evaluation. This evaluation is a critical step to qualify for up to $200,000 in funding. The process is straightforward and tailored to ensure traders have the skills necessary to manage larger sums responsibly.
2. Choose Your Evaluation Funding
Traders can select their evaluation funding from a range of options, ensuring flexibility to match their trading style and risk tolerance. The available funding options range from $5,000 to $200,000. This section is broken down into several key metrics:
- 12% Profit Target: Traders must achieve a 12% profit target to pass the evaluation.
- Static or Trailing Drawdown: Traders can choose between a static drawdown or a trailing drawdown, each set at 12% of the initial balance.
- 3% Daily Loss: This limit ensures traders maintain consistent risk management practices.
- 1:30 Max Leverage: Traders can leverage their trades up to 1:30.
- Scaling Increments: Successful traders can scale their accounts by 50% every 30 days.
- $300k Seed Funding: You can purchase multiple evaluation accounts but cannot exceed $300k of initial funding. But with the scaling program can reach $1.5m of funding.
- Screening Test Fee: A $60 fee is required to take the screening test, which comes with a potential $5,000.
3. Evaluation Process
PipFarm’s evaluation process is divided into several stages to ensure traders are well-prepared and capable of handling funded accounts:
- Start: Choose your desired funding level and complete the purchase.
- Pass: Meet the profit targets without breaking any trading rules.
- Earn: Once the evaluation is passed, receive payments for the profits generated.
- Scale: Continuously profitable traders can scale their accounts, increasing their funding.
4. Payout Process
PipFarm provides a transparent and efficient payout process:
- Traders can keep up to 95% of the profits they generate.
- The profit share starts at 70% and increases by 5% for every 1% of drawdown, up to a maximum of 90%.
- The payout process is automated, with funds being transferred within 48 hours of generating an invoice through the PipFarm dashboard.
5. Scaling Program
PipFarm’s unique scaling program allows traders to grow their funding based on their performance. Here’s how it works:
- Levels of Scaling: Traders can move through different levels, starting from seed funding (initial funding) to Series D (level 5).
- Incremental Funding: At each level, traders can qualify for additional funding by hitting profit targets every 30 days. For example, starting with $10k, traders can scale up to $15k, $20k, $25k and finally $30k.
- Test Fee: Each level has an associated test fee, ranging from $60 for lower levels to $1,100 for higher levels, reflecting the increasing funding amounts.
PipFarm’s Accounts page is meticulously designed to provide traders with all the necessary information to make informed decisions about their funding options. The clear structure and detailed breakdown of the evaluation and scaling processes ensure transparency and foster confidence among traders. With PipFarm, traders can look forward to a supportive environment that prioritizes their growth and success in the trading world.
Unlock God-mode Trading with PipFarm’s Power-ups and XP System
The Power-Ups page on PipFarm is designed to enhance your trading experience by offering additional benefits and rewards as you progress. Here’s a comprehensive breakdown of the elements and features presented on this page.
1. Unlock God-mode Trading
PipFarm introduces an innovative feature called “God-mode trading,” where traders can earn Experience Points (XP) through their trading activities. Accumulating XP helps traders climb ranks, unlock new power-ups, and receive rewards, ultimately aiming for the highest rank.
2. Ranks and XP System
Ranks: PipFarm features a rank system where traders can progress by earning XP. The ranks include:
- Rank 1: 10 XP
- Rank 2: 25 XP
- Rank 3: 50 XP
- Rank 4: 100 XP
- Rank 5: 200 XP
As traders earn XP and move up the ranks, they unlock various power-ups that offer significant advantages.
3. Power-Ups
At each rank, traders can unlock specific power-ups designed to enhance their trading experience. For Rank 1, the power-ups include:
- 28-Day Inactivity Period: Traders can enjoy a longer period of inactivity (up to 28 days) without affecting their status, allowing flexibility to manage their trading schedules.
- 50% Lower Commissions: Trading commissions are reduced by 50%, enabling traders to keep more of their profits.
- 7-Day Payout Frequency: After the first payout, subsequent payouts can be requested every 7 days, down from the usual 14 trading days.
4. Earn XP
Traders can earn XP through various activities and milestones, helping them climb the ranks and unlock new power-ups. Here are some key ways to earn XP: Climb the Ladder:
- Start a Challenge: Earn 1 XP
- Pass a Verification: Earn 2 XP
- Pass a Challenge: Earn 3 XP
- Receive a Payout: Earn 1 XP
- Scale Up to Level 2: Earn 2 XP
- Scale Up to Level 3: Earn 3 XP
- Scale Up to Level 4: Earn 4 XP
Earn XP by completing trading quests. New quests are added monthly:
- 1 Extra XP When You Get Paid: Double your XP on your next payout, making every trade count even more.
- 2 XP for Making 200 Pips: Hit a milestone by making 200 pips in your account and earn 2 XP as a reward.
- 2 XP for a 5-Day Streak: Keep your account profitable for 5 consecutive days and secure an additional 2 XP.
- 1 XP for a 50 Pip Profit: Close a trade with a 50 pip profit and gain 1 XP, encouraging consistent and profitable trading habits.
These activities are designed to encourage consistent and disciplined trading practices, rewarding traders for their efforts and successes.
Accelerate Your Trading with PipFarm’s Scaling Program
The Scaling page on PipFarm is dedicated to explaining how traders can progressively increase their trading capital through a structured and transparent scaling program. Here’s a comprehensive breakdown of the elements and features presented on this page.
1. Accelerate Your Trading
PipFarm emphasizes the importance of growth and offers a clear path to scaling your trading account. By meeting specific targets, traders can qualify for an additional 50% funding every 30 days, significantly boosting their trading potential.
2. Continuous Funding: How It Works
PipFarm’s scaling program is designed to be simple and straightforward, with no hidden conditions. Here are the key components:
- Scale Every 30 Days: To qualify for scaling, your account must be at least 30 days old. This ensures that traders have enough time to demonstrate consistent performance.
- 12% Profit Target: Traders need to achieve a profit target of over 12% in their funded account to qualify for additional funding.
- 50% More Capital: Each successful scaling phase allows traders to increase their funding by 50%, up to four times the initial seed funding.
- 300% Scaling Cap: Traders can scale their accounts up to three times their initial seed funding, providing substantial growth opportunities.
- Don’t Risk Your Profit: Profits are distributed before every new funding round, allowing traders to increase their exposure without compounding.
- Seamless Scaling: There is no need to take an additional test before qualifying for another funding round, making the scaling process smooth and hassle-free.
3. Funding Rounds
The page outlines the funding rounds, showing the progression from the initial seed funding to higher levels. Each level requires a test fee and offers a corresponding increase in funding. Here’s a detailed breakdown:
Test Fee | Level 1 (Seed) | Level 2 (Series A) | Level 3 (Series B) | Level 4 (Series C) | Level 5 (Series D) |
$60 | 5k | 7.5k | 10k | 12.5k | 15k |
$110 | 10k | 15k | 20k | 25k | 30k |
$200 | 20k | 30k | 40k | 50k | 60k |
$300 | 50k | 75k | 100k | 125k | 150k |
$550 | 100k | 150k | 200k | 250k | 300k |
$1,100 | 200k | 300k | 400k | 500k | 600k |
This table clearly illustrates how traders can move up through the ranks by hitting profit targets and paying the associated test fees, leading to substantial increases in their trading capital.
4. Maximize Your Potential Without Increasing Your Risk
PipFarm emphasizes that traders can significantly increase their funding and trading potential without proportionally increasing their risk. This is achieved by methodically scaling the account based on performance and adhering to the firm’s structured scaling plan. PipFarm’s Scaling page provides a clear and structured path for traders to grow their accounts significantly. By meeting consistent profit targets, traders can unlock additional funding, ultimately increasing their trading capital by up to 300%. This scaling program is designed to incentivize disciplined and profitable trading, ensuring that traders have the resources they need to succeed.
What We Think About PipFarm
PipFarm has quickly established itself as a formidable player in the proprietary trading world, offering a comprehensive suite of features designed to empower traders. With a commitment to flexibility, PipFarm provides a range of funding options that cater to both novice and experienced traders. The absence of time limits on evaluation periods allows traders to progress at their own pace, reducing stress and enabling them to focus on developing their strategies. This flexibility, combined with lower trading commissions, ensures that more of the profits remain in the trader’s pocket, making it an attractive option for those looking to maximize their earnings. One of PipFarm’s standout features is its innovative scaling program, which allows traders to increase their funding by 50% every 30 days based on performance. This seamless scaling process, without the need for additional tests, makes it easy for traders to grow their accounts significantly. The potential to scale up to 300% of the initial seed funding is a game-changer, providing substantial growth opportunities for disciplined traders. Additionally, the platform’s transparent and efficient payout process, with profit shares reaching up to 95%, underscores PipFarm’s commitment to rewarding its traders. The gamified experience with XP (Experience Points) and power-ups adds an engaging layer to the trading process. By completing quests and achieving milestones, traders can unlock benefits like lower commissions, longer inactivity periods, and the ability to manage multiple accounts. This approach not only incentivizes consistent performance but also makes the trading journey more enjoyable. Coupled with extensive educational resources and robust support, PipFarm ensures that traders have all the tools they need to succeed. While the initial costs and high-profit targets for scaling might pose challenges, PipFarm’s overall offering is robust and trader-friendly. The platform’s growing reputation, backed by partnerships with reputable financial entities, further enhances its credibility. In conclusion, PipFarm stands out as a dynamic and supportive environment for traders looking to elevate their trading game. With its blend of flexibility, innovative features, and commitment to trader success, PipFarm is well on its way to becoming a top choice for traders worldwide.
Join PipFarm Today with an Exclusive Discount Code
We’re excited to offer you an exclusive opportunity to join PipFarm and elevate your trading career with a special discount. Use the code SPF10 to get 10% off your evaluation fee and start your journey towards becoming a successful funded trader.