Introduction
PipFarm stands out for its streamlined one-stage funding program and high-profit splits. Established in Singapore, it has built a strong reputation among traders for its supportive environment and innovative features like the Power-Up XP system.
About PipFarm
PipFarm was established in Singapore and has quickly become a well-regarded name in the prop trading community. The firm is known for its innovative approach and supportive trading environment.
PipFarm aims to empower traders by providing substantial capital and flexible trading conditions. The firm’s mission is to offer a seamless trading experience through advanced technology and a supportive community.
PipFarm offers a unique Power-Up XP system and a streamlined one-stage funding program. The firm also allows for flexible trading conditions, including EA and news trading.
Trading Rules, Pricing, and Capital
Trading Rules
- Profit Target: 12% profit target to graduate to a funded account.
- Daily Drawdown: 3% of the previous day’s closing balance.
- Overall Drawdown: Choose between static (6%) or trailing (12%).
- Minimum Trading Days: No minimum.
- Maximum Trading Days: 365 days to reach the profit target.
- Consistency Rules: Maintain at least one trade every 14 days to avoid disqualification.
- EA Trading: Allowed, custom cTrader bots must be the same ones used to pass the challenge.
- Copy Trading: No high-frequency trading (HFT) or copying other traders allowed.
- News Trading: Allowed, including weekend trading for cryptocurrencies.
- Lot Size Limits: $6 per lot commission with raw spreads.
- Overnight/Weekend Holdings: Allowed for cryptocurrencies and during news events.
Pricing Structure
- Starting Cost: From $60.
Capital Offerings and Funding Levels
- Maximum Balance: Up to $300,000.
- Profit Split: Up to 90%.
Account Types and Sizes
| Account Size | Evaluation Fee |
|---|---|
| $5,000 | $60 |
| $10,000 | $110 |
| $20,000 | $210 |
| $50,000 | $350 |
| $100,000 | $550 |
| $200,000 | $1100 |
Leverage by Account Type
- Forex: 1:30.
- Indices: 1:20.
- Commodities: 1:20.
- Metals: 1:20.
- Crypto: 1:5.
Features of PipFarm
- Trading Platforms Supported: PipFarm supports cTrader.
- Training and Support Programs: PipFarm offers a range of training and support programs to help traders improve their skills and trading strategies.
- Additional Tools and Resources: The firm provides various tools and resources, including the Power-Up XP system, to assist traders in maximizing their potential.
- Customer Support Services: Known for excellent customer support, including direct access to the CEO, PipFarm is dedicated to improving trading conditions and assisting traders.
Conclusion
PipFarm offers robust and flexible solutions for traders looking to scale their trading operations with significant capital backing. With high-profit splits, flexible trading rules, and a variety of account options, it’s an excellent choice for serious traders.
