PipFarm is changing the approach to prop trading by tailoring solutions to traders. Founded in Singapore in 2023, the company provides novice and expert traders alike with scalable funded accounts, enhanced tools, and diverse ways to earn.
Unlike most firms, PipFarm employs XP rewards and Power-ups to foster consistent growth and performance.
PipFarm’s traders enjoy access to the advanced cTrader platform, Terms of trade with PipFarm are competitive, making PipFarm an ambitious, modern, and trustworthy option for traders around the globe.
What is PipFarm?
PipFarm is a brand new boutique trading firm based in Singapore that has gained prominence since it was formed in 2023. The firm has earned a reputation for wanting to change the prop trading industry.
PipFarm offers both beginners and seasoned traders customizable trading opportunities through scalable funded accounts. The firm’s traders can access funds starting from 5,000 and extending to5,000 and extending to 300,000.
With the ability to unlock $1.5 million worth of funding during the funding period, PipFarm has earned a reputation for being one of the most agile and growth-oriented firms in the industry.
Key Details
| Feature | Details |
|---|---|
| Company Name | PipFarm |
| Company Legal Name | ECI Ventures Pte. Ltd. |
| Company Legal Number | 202329954C |
| Headquarters | Singapore |
| Years in Operation | 2 years |
| Broker | Liquidity Providers |
| CEO | James Glyde |
| Challenge Types | One Phase Challenge, Two Phase Challenge, Instant Funding |
| Challenge Fees | $40 – $1,850 |
| Profit Split | Up to 90% |
| Account Sizes | $5,000 – $300,000 |
| Payouts | Every 14 days or weekly |
| Financial Markets | Forex, Crypto, Indices, Metals, Oil |
| Trading Platform | cTrader |
| TrustPilot Score | 4.6 / 5 |
| Coupon Code | TRUSTED – 10% OFF |
How to open an account at PipFarm?
Opening an Account with PipFarm
Opening an account with PipFarm is straightforward. Traders can start with a demo account that is free and is available on PipFarm’s website.
Traders can also request a cTrader demo account by contacting the support team, which allows them to try PipFarm’s spreads, execution, and other trading conditions.
To open a live account one must select a seed funding amount then fill out the appropriate KYC form which is then followed by payment in the form of an entry fee. A 25% discount code makes “getting started” a little more feasible.
PipFarm Deposits and Withdrawals
There is a wide range of methods PipFarm accepts for both deposit and withdrawal. They include a wide range of online payment systems and bank wire transfers.
Deposits and Withdrawals have no directly associated fees which means that PipFarm does not charge a fee.
Traders can enjoy a 0% withdrawal fee once they start to earn money in their funded accounts which is a brilliant feature.
PipFarm Trading Platforms
PipFarm is the cTrader #1 prop firm and gives its traders a cTrader which is an advanced charting systems with technical indicators and the built in automation of cBots (trading robots).
cTrader is like the more modern MT4 and MT5, but also more advanced. It offers range for scalpers, swing traders, and institutions.
Education and Support at PipFarm
PipFarm does not have diverse learning materials aside from a blog with minimal instruction that covers company policies and changes.
Rather than invest in any formal education PipFarm focuses on cultivating a base of skilled practitioners through hands-on training.
For contact, PipFarm provides live chat, Discord chat, and email, although all support services are currently limited to the English language.
Challenges for every trader
We know you’re not the same as every other trader; that’s why we’ve designed three unique modes and challenge formats to suit any trading style.
Classic Mode
The simplest challenge. Designed to give you the most flexibility. Free of any consistency-based requirements, you can focus entirely on hitting your profit targets.
Endurance Mode
PipFarm’s most popular challenge. Designed for traders who think long-term and seek an incredible scaling opportunity.
Consistency Mode
Designed for traders who can maintain balance and consistency. This challenge introduces a
consistency score as a passing and payout requirement.
Choose your trading challenge
PipFarm is where your trading ambitions become a reality. Pass our trading challenge to qualify for up to $300,000 in funding. Choose your preferred challenge format to fit your trading style.
PipFarm and the cTrader Advantage
When it comes to prop trading, PipFarm has sealed its place as the #1 cTrader prop firm, and for good reason. Advanced traders may find cTrader to be a go-to solution for performance and cutting-edge technology.
It is cTrader’s goal to provide all traders, both novice and professional, the ability to strategize and execute with unparalleled ease and flexibility, all while being fast and precise.
Performance Reward
You keep up to 95% of the pips you earn. Your performance fee is based on your rank. Ever trader starts with a 70% reward. Each time you’re promoted to a new rank, your reward increases by 5% until you reach a 95% share.
What Makes the PipFram 2-Stage Challenge Unique?
Controlled Target: If you delight in the satisfaction of logging achievements then this structure will suit you as it is challenging yet not overwhelming.
No Rush: Stress is a time waster. Just focus on smart trading.
High Profit Share: Unlike many renowned firms, you get to keep up to 95% of the profits as soon as you are funded.
Predefined Limits: Drawdown limits are static, thus simple and predictable. The daily limit ties to actual performance, not to temporary peaks.
The PipFram 2- Stage Challenge works well for both the trader who wants structure and the trader who doesn’t want to feel painted in a corner by rigid time frames or complex conditions.
Key Features
Kill Switch
Don’t leave anything to chance. Protect your account with PipFarm’s Kill Switch. Use PipFarm’s revolutionary equity-based take profit and stop loss in your dashboard to avoid hitting the Daily Max Loss and ensure profit targets are not missed.
Help centre
The clearest rules you’ll ever see! The help centre, carefully written by trading experts and translated into multiple languages, presents our rules in the clearest and simplest way possible.
Payout Protection
Keep your profit, even if you breach! If you breach your funded account with profit and are eligible for a payout, you’ll get paid as normal.
Scaling program
The world’s fastest scaling program. Take your trading to the next level without time restrictions. Just hit our profit targets and receive more funding. Every account can scale up to 8 times, potentially giving up to 300% more funding.
PipFarm CEO Introduction
With more than ten years worth of experience, James Glyde was an executive at cTrader and brings valuable collaboration with top tier brokers and prop firms such as TopFX, Scandinavian Markets, and Nordic Funder with him. James as gained knowledge of product development, risk and issue management, and executive management with him.
Experience Program
Earn Experience Points with every achievement at PipFarm. They reward you with XP for passing key milestones, such as passing a challenge, receiving a payout and scaling your account. Collect enough XP to earn Rank promotions and receiving incredible benefits.
Rising profit share
Every time you’re promoted to higher rank, your profit share will increase by 5%.
Larger scaling increment
Unlock higher scaling increments to increase your funding each time you scale.
Become a PipFarm affiliate
Join quest to discover the most talented traders from around the world. Partner with PipFarm to promote one of the most compelling funded trader programs while enjoying lucrative commissions for every new member you help convert.
Affiliates program benefits
Unmatched commissions
Earn an impressive commission of up to 20% on sales, making our program one of the highest-paying in the industry.
No ranks, no tiers
Say goodbye to complicated rank or level requirements. You get the maximum commission rate without jumping through hoops.
Exclusive discounts
Empower your community with up to 50% discount promotions. This irresistible offer will boost your conversion rates.
Lifetime commissions
The commitment to your success extends beyond one-time payments. Earn lifetime commissions from new traders you refer.
Regular promotions
They support affiliates with regular promotions and campaigns designed to drive sales and enhance your earning potential.
Relationship manager
You’ll have a dedicated point of contact in the company to support your needs.
Pipfarm Pros & Cons
Pros
- Provides users with cTrader, one of the most advanced and reliable trading platforms.
- One of the Unique XP model that rewards consistent performance with better trading conditions.
- One-phase, two-phase, and instant funding challenges.
- Initial account sizes of \$5,000 to \$300,000 with scaling potential.
- Up to 90% profit.
- Every 14 days or weekly payments.
- Support over Discord, live chat, and email.
Cons
- New traders may find profit targets and drawdown rules challenging.
- Educational materials are scarce; there is only a simple blog.
- Newly developed companies (2023) have less of a track record.
- Reports of slow payments and strict rules.
- All services only provided in English.
PipFarm vs Competitors
PipFarm competes in the same space as FTMO, FundedNext, and The 5%ers, who all provide funding to undercapitalized traders in exchange for a profit share.
While all of the established competitors provide a greater breadth of tradable assets, many different trading technologies, and more extensive research and education resources, PipFarm focuses on trader success.
This focus on success allows PipFarm to emphasize performance driven growth, meaning traders of any caliber are able to scale effectively.
Another advantage PipFarm holds is the Power-up system , which improves PipFarm trading conditions and profitability and is awarded to relentless and profitable traders.
Unlike many competitors, PipFarm is led by people that have more than a decade of experience in the industry. This provides PipFarm with innovative and credible leadership.
PipFarm also is more competitive on the cost side. For example, PipFarm offers evaluate fees that are more affordable than FTMO ($155) and The 5%ers ($260) on comparable account sizes.
This accessibility, combined with advanced technology like cTrader, weekly payout options, and its unique XP based progression system, makes PipFarm a strong contending modern prop trading firm.
Security
Although PipFarm is not a broker-dealer business and thus does not need to be under regulatory supervision, the company still adheres to the requirements of the Consumer Protection (Fair Trading) Act of Singapore, to the extent of ensuring no mistreatment in the conduct of business.
Trading services are provided from/a regulated broker partner, from who PipFarm sources its price data. The company’s security framework is robust, practicing KYC, AML, and data encryption.
PipFarm promises users that personal data will not be sold or disclosed without their consent, except to comply with a judicial order. The firm’s privacy policy covers both the policies user and the company responsibilities.
Conclusion
PipFarm might be one of the newest prop trading firms, however, the company has already gained a reputation for its innovation, particularly with its XP and Power-up systems on its cTrader platform, its varied funding options, and its competitive fees.
Educating their traders tends to be a weak point for the firm, however, the firm offers ease of mind with its transparent restrictions, stout security policies, and a desire to set their traders on the path to success.
It is this combination which validates PipFarm as a choice for prop traders in need of trading careers with quicker pay outs and impressive profit splits.
FAQ
The trading challenges are tests that evaluate your trading strategy, style, and risk management capabilities. They are typical of funded trader programs and are often called assessments, evaluations, or auditions.
PipFarm requires you to pass a one or two-stage practical test to receive funding for your trading strategy. However, each time you break a risk management rule, you’ll be disqualified from the program and required to retake the challenge.
If you fail the challenge because you exceed the daily loss or maximum loss limits or exceed the inactivity period, the account will be breached. However, you are welcome to try again as often as you like.
No. We do not refund the challenge fee. The fee is for a service provided regardless of whether you fail or pass. It is not a deposit that can be returned with profits made in a trading account; that’s how brokers work, and we are not a broker.
To pass the challenge, you must generate either 12% profit in a one-stage challenge or 6% profit in both phases of a two-stage challenge without breaking any risk management rules and meet the minimum trading days requirement.