Pip Farm – Firm Review
- Superior forex education since establishment
- Expert guidance towards trading mastery
- Comprehensive tutorials with practical applications
- Detailed market insights for success
- Proven strategies for consistent profits
Company Overview
Pip Farm is an innovative proprietary trading firm that offers funded trading accounts to skilled traders worldwide. Established with the mission to provide accessible capital to talented traders, Pip Farm stands out with its transparent evaluation process and flexible trading conditions. The company offers two distinct challenge programs – Standard and Professional – designed to identify and reward consistent trading performance. With competitive profit splits and a range of account sizes, Pip Farm creates opportunities for both emerging and experienced traders to access significant capital without risking their own funds. Their comprehensive platform support and diverse market offerings make them a compelling choice for traders looking to scale their trading career.
Key Features at a Glance
Challenge Fees
- One-time payment – Single upfront fee that covers both evaluation phases
- Reset fee – Discounted fee to restart a challenge after violation
- No monthly fees – Once funded, no recurring charges
- Fee scaling – Higher account sizes have proportionally higher fees
Account Types
- Standard Challenge: Two-phase evaluation with 8% profit target and balanced risk parameters
- Professional Challenge: Accelerated evaluation with higher profit targets (10%) for experienced traders
- Funded Account: Live trading account after successful evaluation with regular payouts
- Scaling Account: Increased capital allocation based on consistent performance
Profit Split Options
- Standard Split: 80/20 profit split (80% to trader, 20% to firm)
- Scaling Split: Up to 90/10 profit split for consistent performers
- Regular Payouts: Bi-weekly profit withdrawals available
- No profit targets on funded accounts – Trade with less pressure after passing evaluation
Account Sizes
- $10,000: Entry-level account with lowest challenge fee
- $25,000: Mid-sized account with balanced capital allocation
- $50,000: Advanced account for experienced traders
- $100,000: Professional account for high-performance traders
- $200,000: Premium account with maximum capital allocation
Trading Platforms
- MetaTrader 4: Industry-standard platform with extensive technical analysis tools
- MetaTrader 5: Advanced multi-asset platform with enhanced charting and timeframes
- TradingView: Browser-based platform with powerful social trading features
- cTrader: Advanced ECN platform with depth of market visibility
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including S&P 500, NASDAQ, DAX, and more
- Commodities: Gold, silver, oil, natural gas, and agricultural products
- Cryptocurrencies: Major crypto pairs including BTC, ETH, and other altcoins
- Stocks: Selected US and international stocks available on certain account types
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 5 days | 3 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 10% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 5 days | 3 days |
Challenge Specifications
- Max Allocation: Up to $1,000,000 through scaling program based on consistent performance
- Scaling: 25% increase in account size after every 3 months of consistent profitability
- Trading Competitions: Monthly challenges with cash prizes for top-performing traders
- Free Trial: 3-day demo challenge available for new users to test the platform
- Profit Targets: No ongoing profit targets after funded account is achieved
- Drawdown Structure:
- Daily: 5% maximum intraday drawdown from starting balance
- Maximum: 10% total account drawdown from starting balance
- Trailing: Not implemented – fixed drawdown from initial balance
Trading Rules and Requirements
- No overnight holding restrictions on Forex pairs
- Weekend holding allowed for most instruments (except certain indices)
- No minimum trading days requirement on funded accounts
- No maximum lot size restrictions (reasonable risk management expected)
- No EAs or automated trading restrictions
- No news trading restrictions
- No hedging restrictions
- No copy trading or signal following allowed
- No manipulative trading practices (such as churning or stop hunting)
Company Information
- Founded: 2021
- Headquarters: London, United Kingdom
- Regulation: Operating under UK business regulations
- Support Hours: 24/5 via live chat, email, and ticket system
- Languages Supported: English, Spanish, German, French, Portuguese
- Traders Funded: 5,000+ (as of 2023)
- Social Media: Active presence on Twitter, Instagram, and Discord
Payout Methods
- Bank Transfer (2-5 business days)
- PayPal (1-2 business days)
- Skrill (1-2 business days)
- Bitcoin/Cryptocurrency (Same day processing)
- Wise Transfer (1-3 business days)
- Minimum Payout: $100
- Payout Schedule: Bi-weekly (every two weeks)
- Payout Fee: Covered by Pip Farm (except for cryptocurrency network fees)
Trading Commissions
- Forex: $5 per lot round turn (standard lot)
- Indices: $4 per lot round turn
- Commodities: $4-6 per lot depending on the instrument
- Cryptocurrencies: 0.05% of trade value
- Stocks: $0.02 per share
- No hidden markups or spread widening during news events
IP Rules
- VPN usage allowed but must be declared
- Location changes permitted with prior notification
- Multiple accounts from same household allowed with verification
- No IP restrictions for different countries
- Traders must verify identity before receiving funded account
Video Review
Pip Farm Review
Comprehensive review of Pip Farm trading services
Unique Features
Trading Flexibility
- No time limits on completing challenges
- Weekend holding allowed on most instruments
- EA and automated strategy compatibility
- News trading allowed without restrictions
- No minimum trading day requirements on funded accounts
Scaling Program
- Automatic account size increases after consistent performance
- Higher profit splits for scaled accounts
- No additional fees for scaling
- Opportunity to manage up to $1M
Trader Support
- Dedicated account managers for funded traders
- Trader community with weekly educational webinars
- Performance analytics dashboard
- Trading psychology resources
Why Choose Pip Farm?
Pip Farm stands out among proprietary trading firms with its trader-centric approach and flexible conditions designed to create a realistic trading environment. Their funding model focuses on identifying consistent performers rather than setting unrealistic hurdles.
Key advantages include:
- No time limit on challenges, allowing traders to prove their skill at their own pace
- Generous 80/20 profit split with scaling opportunities up to 90/10
- Flexible trading conditions with minimal restrictions on strategies
- Multiple platform support for different trading preferences
- Transparent fee structure with no hidden costs
- Bi-weekly payouts with multiple withdrawal methods
- Comprehensive scaling program allowing traders to manage up to $1M
- Strong educational resources and community support
Frequently Asked Questions
How long does it take to get funded?
There is no time limit to complete the Pip Farm challenges. You can take as long as needed to reach the profit targets. Once you’ve completed both the Challenge and Verification phases successfully, you’ll typically receive your funded account credentials within 24-48 hours after verification review.
Can I hold positions over the weekend?
Yes, Pip Farm allows weekend holding for most instruments. However, they recommend caution with certain indices and volatile instruments that might gap significantly when markets reopen. There are no specific penalties for weekend holding.
What happens if I break a rule?
If you violate a trading rule, such as exceeding the maximum daily drawdown or overall account drawdown, your challenge will be automatically terminated. However, Pip Farm offers discounted reset options that allow you to restart your challenge at a reduced fee compared to the initial cost.
Can I trade news events?
Yes, Pip Farm allows trading during high-impact news events without restrictions. They don’t widen spreads during news releases, providing traders with the ability to implement news-based strategies. However, they recommend proper risk management due to the increased volatility during these periods.
How often can I withdraw profits?
Pip Farm operates on a bi-weekly payout schedule. Once funded, you can request withdrawals of your profit share every two weeks with a minimum withdrawal amount of $100. Payouts are typically processed within 1-5 business days depending on your chosen payment method.
Is there a minimum trading requirement for funded accounts?
No, Pip Farm does not impose minimum trading days requirements on funded accounts. Once funded, you can trade as frequently or infrequently as your strategy requires. However, accounts that show no activity for more than 30 consecutive days may be subject to review.
Can I use EAs or automated strategies?
Yes, Pip Farm allows the use of Expert Advisors (EAs) and automated trading strategies on all account types. There are no restrictions on trading frequency or strategy type as long as you maintain compliance with the maximum drawdown rules.
How does the scaling program work?
After successfully managing your funded account for three consecutive months with consistent profitability, you become eligible for the scaling program. This increases your account size by 25% of the original amount. With continued performance, you can scale up to $1,000,000 in capital allocation while also increasing your profit split percentage.
