Serving as a proprietary trading firm, PipFarm extends an invitation to traders to participate and harness their own capital. It is worth noting that they are managed by James Glyde, who is a former cTarder executive with over ten years of experience within the industry. Entry into the trading sphere is facilitated through a stringent yet manageable evaluation process. Upon demonstrating proficiency, traders are entrusted with overseeing funded accounts, effectively commencing their trading endeavors.
PipFarm Company Information
You can learn more about PipFarm’s company details in the spreadsheet below.
| Company Information | PipFarm |
|---|---|
| Incorporation | June 2023 |
| Location | Singapore |
| CEO | James Glyde |
| Maximum Account Size | Two-step Evaluation: $300,000 Static Evaluation: $300,000 Trailing Evaluation: $300,000 |
| Trading Platform | cTrader |
| Broker | Liquidity Provider with Simulated Real Trading Conditions |
Founded in June 2023, PipFarm is a proprietary trading firm with headquarters in Singapore, led by CEO James Glyde. They provide traders with an opportunity to participate in three distinct funding plans, offering account sizes of up to $300,000. Traders gain access to trading accounts through a tier-1 liquidity provider with the best simulated real market trading conditions, and they have the option to utilize cTrader as their trading platform.
Funding Plans
PipFarm offers three distinct funding programs to traders worldwide.
Two-step Evaluation
| Account Sizes | One-time Fee |
|---|---|
| $5,000 | $50 |
| $10,000 | $100 |
| $20,000 | $150 |
| $50,000 | $300 |
| $100,000 | $550 |
| $200,000 | $1,100 |
| $300,000 | $1,550 |
| Trading Parameters | Parameter Values |
|---|---|
| Phase 1 Profit Target | 6% |
| Phase 2 Profit Target | 6% |
| Daily Drawdown | 3% |
| Maximum Drawdown | 9% |
| Leverage | 1:30 (Can be increased to 1:50) |
| Minimum Trading Day Requirements | 3 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 70% Up To 95% |
Static Evaluation
| Account Sizes | One-time Fee |
|---|---|
| $5,000 | $50 |
| $10,000 | $100 |
| $20,000 | $150 |
| $50,000 | $300 |
| $100,000 | $550 |
| $200,000 | $1,100 |
| $300,000 | $1,550 |
| Trading Parameters | Parameter Values |
|---|---|
| Profit Target | 12% |
| Daily Drawdown | 3% (Can be scaled to 5%) |
| Maximum Drawdown | 6% |
| Leverage | 1:30 (Can be increased to 1:50) |
| Minimum Trading Day Requirements | 3 Calendar Days |
| Maximum Trading Day Period | 365 Calendar Days |
| Profit Split | 70% Up To 95% |
Trailing Evaluation
| Account Sizes | One-time Fee |
|---|---|
| $5,000 | $50 |
| $10,000 | $100 |
| $20,000 | $150 |
| $50,000 | $300 |
| $100,000 | $550 |
| $200,000 | $1,050 |
| $300,000 | $1,550 |
| Trading Parameters | Parameter Values |
|---|---|
| Profit Target | 12% |
| Daily Drawdown | 3% (Can be scaled to 5%) |
| Maximum Drawdown | 12% (Trailing) |
| Leverage | 1:30 (Can be increased to 1:50) |
| Minimum Trading Day Requirements | 3 Calendar Days |
| Maximum Trading Day Period | 365 Calendar Days |
| Profit Split | 70% Up To 95% |
Two-step, Static & Trailing Evaluation Scaling Plan
Two-step, Static, and Trailing Evaluation accounts have a scaling plan. You can request for scaling when you achieve a 12% growth on your trading account within a 30 calendar day period. Note that you are able to scale your account a total of four times. Keep in mind that you will also be able to withdraw all of your profits that were made on your funded account while scaling your account balance. Keep in mind that you have a maximum time limit of 365 days to scale your funded account to the next stage. Once reaching the Series D stage, the maximum time limit disappears.
PipFarm Two-step Comparison
Two-step Comparison of PipFarm & E8 Markets
| Trading Parameters | PipFarm | E8 Markets |
|---|---|---|
| Phase 1 Profit Target | 6% | 8% |
| Phase 2 Profit Target | 6% | 4% |
| Daily Drawdown | 3% | 4% |
| Maximum Drawdown | 9% | 8% |
| Leverage | 1:30 (Can be increased to 1:50) | 1:50 |
| Minimum Trading Day Requirements | 3 Calendar Days | No Minimum Trading Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 70% Up To 95% | 80% |
One-step Comparison of PipFarm & FundedNext (Stellar)
| Trading Parameters | PipFarm | FundedNext (Stellar) |
|---|---|---|
| Phase 1 Profit Target | 6% | 8% |
| Phase 2 Profit Target | 6% | 5% |
| Daily Drawdown | 3% | 5% |
| Maximum Drawdown | 9% | 10% |
| Leverage | 1:30 (Can be increased to 1:50) | 1:100 |
| Minimum Trading Day Requirements | 3 Calendar Days | 5 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 70% Up To 95% | 80% Up To 90% |
Community Trustpilot Feedback
PipFarm has an excellent rating on Trustpilot, where we can find numerous comments from their community. They have 6 comments with a great rating of 4.1/5, where they are rated as five stars by 83% of all the individuals.
Conclusion
To conclude the review, we can clearly see that PipFarm is a reputable proprietary trading firm with various attractive features. They provide traders with the flexibility to choose between the following three funding programs: Two-step Evaluation, Static Evaluation, and Trailing Evaluation. When it comes to community feedback, they have a great Trustpilot rating of 4.1/5. After going through everything PipFarm has to offer, they can be considered a very attractive option within the proprietary trading firm industry.
PipFarm Review Details
