PipFarm, founded in 2024 in Singapore, is led by former cTrader executive James Glyde.
PipFarm rewards traders by unlocking achievements through its Experience Programme, advancing ranks and offering benefits like higher profit shares, reduced commissions, increased leverage, and free accounts.
The Challenge
PipFarm provides traders with a selection of account types—Endurance, Consistency, and Classic—each available with either one or two-stage evaluations, and a choice between trailing or static drawdowns. All accounts maintain uniform maximum drawdown limits: 9% for trailing and 6% for static, with a maximum daily drawdown of 3%.
In Endurance Mode, traders are required to achieve a minimum of two-five profitable days, each with a gain of at least 0.5% of the starting balance, to pass each stage and between payouts. For example, a $200,000 account, requires four profitable trading days and for a $300,000 account, five profitable trading days are required
Consistency Mode necessitates that a trader’s most profitable trading day does not exceed 50% of their total profit for each stage and between payouts. For $100,000 accounts, a 40% consistency score is required; for $200,000 accounts, a 30% consistency score is required; and for $300,000 accounts, a 20% consistency score is required.
Classic Mode requires traders to have at least two profitable days between a stage and payout.
Funded Accounts & Fees
Upon successfully passing a challenge, traders gain access to simulated funds corresponding to their chosen account size. PipFarm offers seven account sizes, ranging from $5,000 to $300,000.
All accounts start with a 70% profit share, which increases by 5% with each rank promotion. Traders can earn Experience Points (XP) through various milestones and quests, leading to rank advancements and unlocking additional benefits.
PipFarm’s relaxed rules allow traders to trade news events without restrictions. Additionally, there is no requirement to use a stop loss when opening a position. The initial leverage is set at 1:30, which can be increased to 1:50 upon reaching Rank 3.
Risk Management & Structure
Traders can choose between a trailing drawdown limit or a static drawdown, with the latter being the preferred option for most. All accounts have the same risk allowance: 9% for trailing and 6% for static. Exceeding these limits will result in automatic account termination.
Trading Platforms
PipFarm exclusive only offers cTrader.
Unlike MetaTrader, cTrader offers a more modern interface, Level II pricing with full market depth, and advanced order types. Unlike MT4 and MT5, which uses MQL5 and is often broker-restricted, cTrader prioritises raw spreads and direct market access, making it a preferred choice for traders seeking a more professional, ECN-style experience.
Educational Support & Community
PipFarm hosts regular live seminars to support traders and foster learning. Additionally, they maintain active communities on Discord and Telegram.
Frequently Asked Questions
How does PipFarm’s Experience Program work?
PipFarm’s Experience Program allows traders to earn Experience Points (XP) through various trading milestones and quests. Accumulating XP leads to rank promotions, each unlocking new benefits such as higher profit shares, increased drawdown limits, larger scaling increments, and discounts.
Is the challenge fee refunded if I pass?
The challenge fee is not refunded, as it covers the service provided according to PipFarm.