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7.08/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $60
Trading platform:
  • cTrader
Trading features
  • The challenge with no time limit, target profit of 12%, daily drawdown is 3%, total static drawdown is 6%  or floating of 12%, 6 plans, all plans scalable up to $600k
Leverage
  • Up to 1:30, possibly increasing to 1:50 for experienced traders
68
users picked this broker in 3 months
Ranked #23 among the Best prop firms of United States
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PipFarm is available in

Our Evaluation of PipFarm

7.08/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

PipFarm is a reliable prop trading firm with the TU Overall Score of 7.08 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by PipFarm clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the firm’s clients are mostly satisfied with the company.

PipFarm, a proprietary trading firm, offers favorable conditions for traders. The minimum deposit is low but non-refundable. The evaluation challenge is standard, with no time limit for completion. PipFarm offers numerous trading plans, all of which are scalable. Leverage is high, and the asset pool is sufficient for risk diversification and various trading strategies. However, the company lacks alternative income options and transparency regarding commissions. Traders use cTrader and are not restricted in their trading decisions.

Brief Look at PipFarm

PipFarm, a proprietary trading firm, offers six evaluation plans with funding ranging from $5,000 to $200,000. All plans are scalable to $600,000. The initial non-refundable deposit starts at $60. There are no time limits. To qualify, traders must achieve a 12% profit. Subsequently, a 12% profit is required to scale the account balance by 50%. The maximum daily drawdown is 3%, and the overall drawdown is either 6% or 12%, depending on whether a static or dynamic drawdown is chosen. Leverage up to 1:30 is available. Trading is conducted via the cTrader platform. The prop firm imposes no restrictions on trading styles or methods, except for high-frequency trading (HFT) and trade copying within the community.

Advantages of trading with PipFarm:
  • 6 evaluation plans with initial funding up to $200,000, each plan can be scaled up to $600,000.
  • There is no time limit on the challenge, and you need to achieve 12% profit to qualify.
  • Traders are not restricted in trading styles or methods, they can use automated strategies and copy trades.
  • Trading is conducted via the cTrader platform, which offers excellent conditions.
  • Leverage of up to 1:30 is available.
  • The profit share can reach up to 90% with successful trading.
Disadvantages of PipFarm:
  • There are no passive income options available.
  • While the platform offers a variety of assets, some popular choices, like stocks, are currently unavailable.
  • The initial deposit is non-refundable, which may deter some traders.

TU Expert Advice

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

PipFarm is a proprietary trading firm providing various evaluation plans starting with a non-refundable deposit of $60. It operates on the cTrader platform, offering Forex, indices, cryptocurrencies, oil, and metals with leverage up to 1:30. With a profit target of 12% for scaling and no time limits on challenges, traders can manage accounts up to $600,000 and utilize a robust strategy range.

However, the lack of passive income opportunities, limited asset selection excluding stocks, and the non-refundable initial deposit are noteworthy drawbacks. PipFarm may suit experienced traders favoring Forex and diverse strategies, yet it may not be ideal for those seeking stock trading or beginner-friendly features. The firm's conditions offer transparency and flexibility in trading, appealing to professionals.

PipFarm Summary

Your capital is at risk.  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

💻 Trading platform: cTrader
📊 Accounts: From $5,000 to $200,000, 6 in total
💰 Account currency: USD
💵 Deposit / Withdrawal: Bank transfers, bank cards, and electronic payment systems
🚀 Minimum deposit: From $60 to $1100 
⚖️ Leverage: Up to 1:30, possibly increasing to 1:50 for experienced traders
💼 PAMM-accounts: No
📈️ Min Order: 0.01 lots
💱 EUR/USD spread: From 0 pips
🔧 Instruments: Currency pairs, cryptocurrencies, indices, oil and metals
💹 Margin Call / Stop Out: Margin Call is  50%, and Stop Out is 30%
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Order execution: Market
⭐ Trading features: The challenge with no time limit, target profit of 12%, daily drawdown is 3%, total static drawdown is 6%  or floating of 12%, 6 plans, all plans scalable up to $600k
🎁 Contests and bonuses: Yes, including the XP program to unlock additional features

Prop trading firms usually offer several plans, each with its initial deposit. PipFarm provides a standard solution with a non-refundable initial deposit. The initial deposit ranges from $60 to $1,100, depending on the chosen plan and funding amount of $5,000, $10,000, $20,000, $50,000, $100,000, or $200,000. Beyond this, the prop firm does not charge traders any additional fees for the services provided. Maximum leverage is 1:30.

Client support is available 24/5 on weekdays and is accessible through various communication channels, including a call center and email. The company also uses the cTrader platform, which offers excellent trading conditions and a user-friendly interface for traders.

PipFarm Key Parameters Evaluation

User Satisfaction i

Score:
6/10

Share your experience

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albertweskar
31 weeks ago

I've been working with PipFarm for about six months now and consider it one of the best prop firms out there. I started with a $10,000 plan and have already increased my balance to $30,000 thanks to the flexible terms and 1:30 leverage. The 70/30 profit split with the possibility of increasing it to 90% is a big plus. The only downside is the limited selection of instruments. However, the flexibility of the terms and the support through the cTrader platform make PipFarm an excellent choice for professional traders.

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fregiefx
31 weeks ago

I recently completed the qualification on PipFarm and was impressed with how easy the process was. I started with a $25,000 plan and was pleasantly surprised by the absence of time limits for achieving the 12% profit goal. The initial 70% profit share is decent, but the non-refundable initial deposit might deter beginners. Overall, PipFarm offers excellent conditions for trading and scaling capital, making the company a worthy choice for serious traders.

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tedblom
32 weeks ago

I've been trading on PipFarm for three months now. I started with $50,000 and doubled my balance by achieving two 12% profits. I appreciated the lack of time pressure on the challenge. The 70/30 profit split is a good starting point, and the ability to increase it to 90% makes the terms even more attractive. The high withdrawal fees and limited instrument selection are drawbacks. Overall, I'm satisfied, but there's room for improvement.

Score:
In this section, we compare key challenge parameters such as trading duration, plan options, capital allocation, profit targets, and risk limits. All data is evaluated using our proprietary methodology and is provided for informational purposes only.
5/10

Challenge rules and pricing

PipFarm provides access to funding up to $600 000, with challenges requiring at a minimum of 3 trading days. The entry-level plan starts at $50, min but the fee is non-refundable.

Advantages
  • Low entry cost — from $50
  • High funding potential — up to $600 000
Disadvantages
  • No demo account provided
  • No instant funding options

PipFarm Challenge fees and plans

We compared PipFarm’s challenge plans by key parameters including pricing, profit targets, loss limits, and managed capital.

Available Trading Plans

Trading Plans Managed amount, USD Price, $ 1 step profit target, $ Daily loss,% Max. loss, %
1 Step
  • 5 000
  • 10 000
  • 20 000
  • 50 000
  • 100 000
  • 200 000
  • 300 000
  • 50
  • 100
  • 150
  • 300
  • 550
  • 1050
  • 1550
  • 600
  • 1200
  • 2400
  • 6000
  • 12000
  • 24000
  • 36000
  • 3
  • 3
  • 3
  • 3
  • 3
  • 3
  • 3
  • 6
  • 6
  • 6
  • 6
  • 6
  • 6
  • 6
2 Step
  • 20 000
  • 50 000
  • 100 000
  • 200 000
  • 300 000
  • 5 000
  • 10 000
  • 150
  • 300
  • 550
  • 1050
  • 1550
  • 50
  • 100
  • 1800
  • 4500
  • 9000
  • 18000
  • 27000
  • 450
  • 900
  • 3
  • 3
  • 3
  • 3
  • 3
  • 3
  • 3
  • 9
  • 9
  • 9
  • 9
  • 9
  • 9
  • 9

What’s the minimum trading period for PipFarm’s challenge?

A minimum of 3 trading days is required, regardless of how quickly you reach the profit target.

Does PipFarm offer a free evaluation?

No, PipFarm does not offer a free evaluation option. If you’re looking for firms that do provide this feature, you may consider exploring other companies that support free challenge models, such as: Funded Trading Plus, Emerge Profit, City Traders Imperium.

Is instant funding available at PipFarm?

No, PipFarm does not offer instant funding. If this option is important to you, consider exploring other firms that provide instant funding models, such as: Hola Prime, Instant Funding, GoatFundedTrader.

Score:
We evaluate trading conditions and profit split terms in accordance with our proprietary methodology. This includes the analysis of maximum leverage, maximum loss limits, and restrictions on trading strategies. We also account for limitations like mandatory stop-losses and weekend position closures. Each parameter in the section is scored based on its impact on trading flexibility.
8/10

Trading rules

PipFarm outlines the main rules for funded accounts, including a max. loss of 6% and a daily loss limit of 3%. The firm also restricts certain trading strategies, which are detailed below.

Advantages
  • Copy trading allowed
  • Flexible leverage up to 1:30
  • Scalping allowed
Disadvantages
  • News trading not allowed

PipFarm trading conditions

We compared PipFarm’s leverage and trading conditions with competitors to help you better understand how it measures up.

PipFarm Hola Prime SabioTrade
Max. loss, % 6 5 6
Max. leverage 1:30 1:100 1:30
Weekend close rule No No No
Mandatory Stop Loss No No No
Trading bots (EAs) Yes Yes Yes
News trading No Yes Yes
Scalping Yes No Yes
Copy trading Yes No No
Score:
This section evaluates how efficiently, quickly, and cost-effectively a prop firm handles internal and external transactions. We assess available funding and payout methods, supported currencies, and how often traders can withdraw profits. For more information, refer to our methodology
5.5/10

Deposit and withdrawal

PipFarm earned a Medium score based on how smoothly and conveniently traders can deposit and withdraw funds.

The deposit and withdrawal options at PipFarm meet most standard requirements and are in line with what many prop firms provide.

Advantages
  • Supports bank wire transfers
  • Weekly payouts
  • Bank сard deposits and withdrawals
Disadvantages
  • BTC payments not supported
  • USDT payments not supported

Deposit and withdrawal options

To help you evaluate how PipFarm performs, we compared its deposit and withdrawal methods with those of two competing proprietary trading firms.

PipFarm Payment options vs Competitors

PipFarm Hola Prime SabioTrade
Bank Card Yes Yes Yes
Bank Wire Yes No No
Crypto No Yes Yes
PayPal No Yes No
Wise No No No
Payoneer No No No
Skrill No No No
Neteller No No No

Profit withdrawal frequency

We compared PipFarm with other prop firms based on how frequently traders can withdraw their profits: on demand, weekly, or monthly. Firms that allow more frequent payouts offer greater flexibility and quicker access to earnings.

PipFarm Hola Prime SabioTrade
On demand No No Yes
Weekly Yes Yes No
Biweekly No Yes No
Monthly No Yes No

What base account currencies are available?

PipFarm offers the following base account currencies:

Score:
4.55/10

Trading Account Opening

To start working with the prop trading company PipFarm, register on their official website. The trader must choose a plan, pay the initial deposit, and then begin the challenge. After completing the challenge, unrestricted trading will be available on the chosen plan. The experts at Traders Union have prepared a step-by-step guide for registration to clarify any questions. They will also introduce you to the main features of PipFarm's user account.

Here’s the step-by-step process:

1

Go to the PipFarm prop company’s website.

Review of PipFarm’s User Account — Homepage of the broker's website
Review of PipFarm’s User Account — Homepage of the broker's website
Review of PipFarm’s User Account — Homepage of the broker's website
Review of PipFarm’s User Account — Homepage of the broker's website
2

Scroll down the homepage to the list of plans. Choose a plan and click the "Join Now" button.

Review of PipFarm’s User Account — Select the plan
Review of PipFarm’s User Account — Select the plan
Review of PipFarm’s User Account — Select the plan
Review of PipFarm’s User Account — Select the plan
3

Register by entering your email (login) and password.

Review of PipFarm’s User Account — Enter account registration details
Review of PipFarm’s User Account — Enter account registration details
Review of PipFarm’s User Account — Enter account registration details
Review of PipFarm’s User Account — Enter account registration details
4

Enter your first and last name, country of residence, full address with postal code, phone number, and email address.

Review of PipFarm’s User Account — Enter additional personal information
Review of PipFarm’s User Account — Enter additional personal information
Review of PipFarm’s User Account — Enter additional personal information
Review of PipFarm’s User Account — Enter additional personal information
5

Then, on the right side of the screen, choose a payment method for the initial deposit and enter the required information. Agree to the terms of service by checking the box. Click “Place Order.”

Review of PipFarm’s User Account — Pay the initial deposit
Review of PipFarm’s User Account — Pay the initial deposit
Review of PipFarm’s User Account — Pay the initial deposit
Review of PipFarm’s User Account — Pay the initial deposit
6

Wait for payment confirmation to gain access to the user account. From there, you can download the cTrader platform to start the challenge.

Additional features of Pipfarm’s user account allow traders to:

  • Open and close accounts with different plans, and view information on active accounts.

  • Pay initial deposits for new accounts and submit withdrawal requests for profits.

  • Update personal information and adjust account security settings.

  • Download the cTrader trading platform for their device.

  • Contact the prop company’s technical support.

Score:
7.15/10

Regulation and safety

Information

Prop trading companies are generally not regulated, but they must be registered as investment platforms. PipFarm is registered and managed by ECI Ventures Pte. Ltd., a company registered in Singapore. PipFarm is not regulated. Prop firms provide traders with funding. PipFarm uses the cTrader platform, which ensures high standards of security and functionality. The company works with various brokers to provide reliable trading conditions for its clients.

Advantages

  • The company is officially registered
  • Clients have access to the professional trading platform cTrader

Disadvantages

  • Clients cannot rely on regional protection outside of Singapore
Score:
This parameter evaluates the range of financial instruments available for trading during the challenge and after funding. A broader selection allows traders to apply their strategies across different asset classes. The evaluation is based on the proprietary methodology
2.5/10

Markets and tradable assets

PipFarm has a score of 2.5/10, which corresponds to a Low  assessment of its market and asset offering.

Advantages
  • Indices available
  • Forex trading supported
Disadvantages
  • Stock trading not allowed
  • Crypto trading unavailable

Tradable markets

We compared the range of tradable instruments offered by PipFarm with two leading competitors to highlight the differences in market access.

PipFarm Hola Prime SabioTrade
Futures No No No
CFDs No Yes Yes
Forex Yes Yes Yes
Options No No No
Stocks No No No
Crypto No Yes Yes
Indices Yes Yes Yes
Score:
4.41/10

Investment Options

PipFarm focuses on active trading. The company does not offer investment solutions or copy trading. Prop trading firms typically provide traders with funding, favorable conditions, and a reliable broker. It's important to note that the initial deposit for participating in the program is non-refundable.


Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Score:
4.59/10

Customer support

Information

Does PipFarm accept Visa card deposits? What happens if I fail the challenge? Can I withdraw funds to an American bank account? Traders may have many questions about working with PipFarm. Prompt and knowledgeable support helps maintain a positive outlook and encourages continued work. To retain and increase trader loyalty, PipFarm offers support through a call center, email, and Discord. The support team operates 24/5.

Advantages and features of PipFarm’s support

Advantages

  • The trader can use three communication channels
  • Even a non-registered client can contact support On weekdays managers are available 24 hours a day

Disadvantages

  • Technical support is not available on weekends

For existing or potential PipFarm clients, if a dispute arises, contact client support immediately. Their job is to resolve any issues.

Currently, you can contact them using the following methods:

  • PipFarm on Discord.

  • Email.

  • The form on the firm’s website.

PipFarm also has profiles on Facebook, X (Twitter), and Instagram. Traders can reach out to support through these platforms as well. It's a good idea to follow the prop company’s page to stay updated with their latest news.

Contacts

Registration address ECI Ventures Pte. Ltd., 68 Circular Road #02-01, 049422, Singapore
Official site www.pipfarm.com
Score:
6.02/10

Education

Information

Some prop trading companies offer educational programs for their clients. PipFarm provides educational materials and a FAQs section to help traders better understand the working conditions and trading rules. The basic information is available on the company’s website, but there are no specialized educational programs for beginners.

What is on the PipFarm’s website
What is not on the PipFarm’s website
Brief FAQs on working conditions
There are no special educational programs
Educational materials
There are no news or analytics

Comparison of PipFarm to other prop firms

PipFarm FundedNext Hola Prime SabioTrade OANDA Prop Trader Forex Prop Firm
Trading
platform
cTrader MetaTrader4, MetaTrader5, cTrader MetaTrader5, Match Trader, DXTrade, cTrader Exclusive QuadCode trading platform (web, mobile app, desktop) MetaTrader5, MT5 Webtrader Match Trader
Min deposit $60 $32 $48 $119 $35 $94
Leverage From 1:1
to 1:30
From 1:1
to 1:100
From 1:1
to 1:100
From 1:1
to 1:30
From 1:1
to 1:100
From 1:1
to 1:30
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 0 points From 0.1 points From 0.9 points From 0 points From 0 points
Level of margin call
/ stop out
50%  /  30% No No 100%  /  50% No 80%  /  50%
Order Execution Market Execution N/a Market Execution Market Execution Market Execution Market Execution
No deposit bonus No No No No No No
Cent accounts No No No No No No

Detailed PipFarm review

PipFarm is a relatively new prop trading firm that has already established a reputation within the trading community. The majority of client feedback is positive. This is partly due to the innovative cTrader platform, which is known for its favorable trading conditions and flexible risk management parameters. At the same time, the company offers fairly favorable terms for proprietary trading. Currently, there are no confirmed reports of PipFarm failing to meet its obligations to clients. PipFarm does not offer alternative services, focusing on funding traders and providing comfortable trading conditions. This focus allows it to compete with leading industry players and attract many clients.

Traders can choose between a static drawdown of 6% or a dynamic drawdown of 12%. The daily drawdown is limited to 3% of the previous day's balance. The maximum leverage is 1:30, though it may vary depending on the product. Scaling is done at 50%, and every 30 days, additional funding of $2,500 can be obtained. The maximum funding can reach $12,500, and traders can also earn bonuses as they scale. The test fee is $60 for a $5,000 account. Upon successful task completion, traders earn +1 XP (experience points).

PipFarm by the numbers:

  • The minimum initial deposit is $60.

  • The maximum scaling limit is $600,000.

  • 12% is the target profit across all plans.

  • There are 50+ trading instruments.

  • The firm does not have additional fees.

PipFarm is a prop company for comfortable trading

Traders value freedom of action. PipFarm offers a diverse range of assets, including currency pairs, cryptocurrencies, oil, metals, and indices. This variety, combined with leverage options, supports various trading strategies and helps create diversified portfolios.

The profit-sharing ratio increases with the account balance, starting at 70/30 and reaching 90/10. An additional fee applies for faster increases. PipFarm's transparent terms and lack of restrictions provide a comfortable trading environment.

PipFarm’s analytical services:

  • A trader can choose from several plans, complete a challenge, and receive funding.

  • The ability to open multiple accounts and close them at any time.

  • Overall drawdown of up to 12% and daily drawdown of up to 3% protect against rash decisions.

  • The number of lots depends on leverage and balance. With $100,000 in the account and 1:30 leverage, a trader can keep 30 lots open simultaneously.

  • The prop firm does not impose strict activity parameters; the client only needs to trade at least one day within a 30-day cycle.

Advantages:

1

The company is officially registered and operates with the reliable cTrader platform.

2

The firm's pool includes over 50 instruments from various groups including currency pairs, cryptocurrencies, oil, metals, and indices.

3

The trader pays a non-refundable initial deposit, but there are no additional costs.

4

All accounts are scalable up to $600,000. Upon reaching the profit target, the account balance doubles.

5

The company’s support team assists with email and the website support system.

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