PipFarm
CEOJames Glyde
CountrySG
Trust Pilot3.8
Date CreatedMar 2024
Years in Operation1

Reviews

Total Reviews
3.830 total reviews
5
14
4
8
3
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4

Firm Overview

Trading Platforms
cTradercTrader
Brokers
TopFXTopFX
Payment Methods
Credit/Debit CardCredit/Debit Card
CryptoCrypto
PayPalPayPal
Skrill
Payout Methods
CryptoCrypto
Skrill
Riseworks

Instruments and Assets

Type of Instruments:Features
Assets :n/a

Consistency Rules

General Consistency Rule

  • No single trade idea can contribute more than 90% of your total profit during the evaluation or payout period.

The Consistency Mode Program

Consistency Rule for Instant Funding

Firm Rules

GENERAL RULES

Time Limit

  • 365 days, applies only on the evaluation phase.

Inactivity Period

  • 28days

News/Gap Trading

  • News Trading is Allowed, but profits from price gaps over 0.2% will be removed if trades are: • Opened during major news or economic events • Placed within 2 hours before/after market closures (30+ mins) • Held over weekends

Automated Trading

  • Not allowed via cBots, Open API, or FIX API.

Trade Managers

  • Allowed with prior approval.

Copy Trading

  • Copy trading is allowed only between your own accounts (broker, other prop firms, or PipFarm).

  • Copying trades from other traders or other traders copying your trades is prohibited and will result in disqualification.

  • Pipfarm's partnership with PropFirm One enables you to extend your copy trading capabilities even further. PF1 allows traders to seamlessly copy trades across different proprietary firm accounts within a single platform, offering increased flexibility and a broader range of opportunities. This means that, in addition to Pipfarm’s internal copy trading feature, PF1 empowers users to manage trades across multiple firms, enhancing scalability and trading efficiency without breaching Pipfarm’s core rules. For more details on this enhanced functionality, visit PropFirmOne.com.

90% Rule

  • No single trade idea can contribute more than 90% of the total profit during the evaluation or payout period.

Profitable Day/Consistency Rule Exploits

  • Partially closing and reopening trades to meet rule thresholds is prohibited.

Hedging

Trade Idea Rule

  • A trade idea refers to a group of trades treated as one trading decision, based on the same instrument, direction, and timing. If trades overlap or are opened within one hour of closing the previous one, they count as a single trade idea.

See details https://help.pipfarm.com/en/articles/11790842-trade-idea-definition

Probation measures

  • Probation measures are temporary actions PipFarm applies to help traders improve consistency and manage risk.

See details https://help.pipfarm.com/en/articles/10049036-inactivity-period-and-maximum-time-limit

Prohibited Trading Practices

Account Limit

  • Max Allocation of up to 5 Funded Accounts.

INSTANT FUNDING RULES

Minimum Trading days

  • None

Time Limit To Scale

  • 365 days

Inactivity Period

  • 28days

Max Open Risk Rule

  • A real-time risk control that automatically closes all open trades when unrealized losses reach 2% of the starting balance(soft breach).

The Maximum Risk per Trade Idea rule

  • Limits total losses on a single trade idea to 2% of the initial account balance, including both realized and unrealized losses. A trade idea includes trades on the same symbol, in the same direction, opened within one hour of each other.
  • Exceeding the 2% limit is considered a breach.

See details https://help.pipfarm.com/en/articles/11790932-maximum-risk-per-trade-idea

ENDURANCE MODE RULES

Minimum Profitable Days

  • 3 days with at least 0.5% net profit each day

CONSISTENCY MODE RULES

Minimum Trading days

  • None

CLASSIC MODE RULES

Minimum Trading Days

  • 5K/10K/20K/50K/100K = 3 days
  • 200k = 4 days
  • 300k = 5 days

Payout Policy

The minimum reward you can request from your funded account is 1% of the starting balance for Endurance and Consistency Mode accounts and 3% for Classic and Instant Mode

  • Minimum Payout is 50$

  • Traders earn a percentage of simulated profits based on their Rank, starting at 70% (Rank 0) and increasing up to 99% (Rank 6) as they gain Experience Points (XP).

See details https://help.pipfarm.com/en/articles/9935551-guide-to-payouts

  • The payout cap limits weekly payouts is $5,000 gross. If your Consistency Score is 30% or lower, the cap is removed, and you can receive your full payout with no limit. - This cap applies to Classic, Endurance, and Consistency accounts. However, Instant accounts have a $5,000 hard cap, any profit above the cap always stays in your account for future payouts.

  • Payouts are automatic every Friday at 06:00 GMT, as long as all requirements are met and no trades are open.

  • First-time users must provide a Rise, Skrill, or USDT address. If you have multiple funded accounts, the one with the highest profit will be prioritized unless you choose otherwise.

Scaling Plan

  • Maximum scaling: $1.5M Smart Scaling
  • PipFarm’s Smart Scaling Program automatically increases your funding every time you achieve a 12% cumulative profit in your funded account. It applies to Endurance, Instant, and Consistency Modes.

See details https://help.pipfarm.com/en/articles/10289689-smart-scaling-guide

Simple Scaling

  • PipFarm’s Simple Scaling Program (for Classic Mode and Instant Program) lets you increase your funding after achieving 4 payouts or a 12% profit target. Once you meet either goal, your account closes automatically, and you move to the next scaling level.

See details https://help.pipfarm.com/en/articles/10289383-simple-scaling-guide

Restricted Countries

AfghanistanAfghanistan
Central African RepublicCentral African Republic
Crimea (Region of Ukraine)Crimea (Region of Ukraine)
Democratic Republic of the Congo (Congo Free State)Democratic Republic of the Congo (Congo Free State)
Iran (Restricted by Citizenship & Residence)Iran (Restricted by Citizenship & Residence)
LibyaLibya
North Korea (Restricted by Citizenship & ResidenceNorth Korea (Restricted by Citizenship & Residence
Republic of the Congo (Congo Brazzaville)Republic of the Congo (Congo Brazzaville)
SomaliaSomalia
South SudanSouth Sudan
SudanSudan
SyriaSyria
United States of America (Restricted by Citizenship)United States of America (Restricted by Citizenship)
YemenYemen