PipFarm
Based on Trustpilot
Established
Platform
Account Types
Based on Trustpilot
Firm | Discount | Size | Steps | Profit Split | Profit Target | Max Drawdown | Daily Drawdown | Commission | Leverage | Trust Pilot Rating | Cashback | Buy |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No data available | ||||||||||||
PipFarm is a prop firm offering traders up to $300,000 in captial ... 1-step and 2-step challenges, with funding options from ... 00 to $300,000. Traders can use the cTrader platform and ... trading styles. Apply coupon code PROPVATOR for the highest discount.
PipFarm is a prop trading firm founded by Stan G in May 2023. Operating from Dubai, UAE, it is a popular choice amongst scalpers for its $0, commission-free trading and flexible challenges.
Use coupon code 'PROPVATOR' at PipFarm checkout to secure the highest available discount at the time of your purchase.
PipFarm offer swap-free accounts at an additional 15% fee
Swap-free challenges means no rollover fees if you hold positions overnight. PipFarm permits swap-free trading on all their account types.
If you are a long-term trader, this could be an advantage for you. However, stay cautious of widened spreads and manage your risk accordingly.
PipFarm permits traders using Expert Advisors (EAs) and bots, as long as the specific EA is confirmed with them.
Their terms and conditions mention that they allow EAs focused on "risk and trade management"; however, they require confirmation before you start trading with them.
Contact their live chat if you plan on using EAs or bots to verify if your specific EA or bot is accepted.
PipFarm allows news trading.
However, we recommend you approach news trading diligently as our research shows that news trading equates to less than > 50% of profit among successful traders (especially medium and high impact news trading in correlated pairs). Hence why heavy reliance on news strategy is discouraged and could even be seen as an 'unsustainable strategy'.
In short, you won’t breach your challenge account while news trading with PipFarm, but consider managing risk if you plan on news trading.
Traders can keep positions open over the weekend without any added restrictions.
This is popular amongst swing traders targeting multi-day moves as it offers adaptive flexibility despite the market conditions.
However, watch for widened spreads on Asia open, wider spreads on Monday Asia Open (over the weekend), and swap rates (unless using swap-free accounts).
PipFarm does not allow Hedging strategies in any of their accounts.
As stated in their FAQs section: “Hedge Trading Systems: Not allowed.”
Hedging across different accounts is also strictly prohibited, meaning traders cannot use one account to hedge positions from another.
PipFarm does not allow high-frequency trading (HFT).
HFT strategy involves using ultra-fast trading bots that to capitalize on minor market inefficiencies through rapid, high-volume trades. PipFarm bans HFT to ensure sustainable trading - a solid sign of their focus on risk management.
PipFarm offers 7 account size, including:
Traders can choose from the following account sizes:
The Two-Step Account requires traders to complete two phases before receiving funding, with specific profit targets in each step.
 Profit Target 1 | 10% |
 Daily Drawdown | 4% |
 Max Drawdown | 5% |
 Max Loss Per Trade | 2% |
| Profit Target 1 | 10% |
 Profit Target 2 | 5% |
| Daily Drawdown | 5% |
| Static Drawdown | 10% |
| Max Loss Per Trade | 2% |
It’s very important to note that PipFarm has a "maximum loss per trade" rule which it is strictly enforced: you cannot lose more than 2% on a single trade idea.
A trade idea is defined by positions opened or closed within 2 minutes of each other on the same instrument and direction, or those floating at the same time on the same instrument and direction.
PipFarm uses a combination of trailing and static drawdown calculation methods, which helps traders manage risk.
The 1-Step Challenge has a Trailing Drawdown of 5%, while the 2-Step Challenge has a Static Drawdown of 10%.
All accounts have a Maximum Daily Drawdown of 4% (1-Step) or 5% (2-Step), and a Max Loss Per Trade of 2%.
PipFarm offers both static and trailing drawdown limit rules during the challenge phase:
● 1-Step Challenge (Maximum Drawdown): 5% Trailing
● 2-Step Challenge (Maximum Drawdown): 10% Static
● 1-Step Challenge (Daily Drawdown): 4%
● 2-Step Challenge (Daily Drawdown): 5%
PipFarm provides access to multiple platforms, including cTrader, DXtrade, MetaTrader 5 (MT5), and TradingView, known for their versatility and range of features.
PipFarm has a transparent commission structure across its trading assets. Conditions are calculated per round lot.
This consistent commission rate simplifies the cost calculations for traders.
PipFarm provides leverage options for different asset classes, allowing traders to manage risk effectively.
Forex: 1:100
Gold: 1:50
Indices: 1:50
Crypto: 1:5A 1:100 leverage on FX plus commission-free trading empowers scalpers and day traders by enabling them to capitalize on intraday moves.
PipFarm has no restrictions for joining, yes, no country bans! They welcome traders globally - a rare move for prop firms.
Nevertheless, the 'one trader per household' rule is still applicable, so if you live with another trader, contact their risk management team before purchasing an account.
To secure the highest available discount with PipFarm, use code PROPVATOR at checkout. This code offers a 20% discount, making it more affordable to get started with PipFarm.
For example, the 2-Step 100K account with PipFarm is priced at $550 before discounts, but with code PROPVATOR, you get 20% off which drops it to $413.
Additionally, Propvator provides discounts with other top prop firms.
Visit our homepage at Propvator.com to explore latest offers, compare firms, and find the one that best suits your trading needs. All firms listed on Propvator are vetted for reliability. You can also receive cashback from us once you upload your receipt after you complete your purchase.
PipFarm prop firm provides traders with a flexible trading environment and clear guidelines.
With straightforward rules on drawdowns, commission-free trading, and a multi-platform approach, PipFarm is designed to cater to traders seeking a reliable trading experience.
Use the coupon code PROPVATOR to take advantage of the highest industry discount. With a 4.5/5 Trustpilot rating from 3,156 reviews, they’re earning trust, and CEO Stan G.’s public presence adds credibility.