PipFarm Review
PipFarm is an FX-focused simulated funding prop firm advertising a 109% profit split, meaning it adds a bonus above the full profit on qualifying payouts. It runs a public, founder-led community. Profit targets and drawdown limits vary by account size.
99% Profit Split
7-Day Payouts
Account Sizes
Free cTrader
PipFarm at a Glance — Brand Profile & Stats
Who is PipFarm?
PipFarm is an online FX-focused simulated trading and funding firm founded by James, the founder featured in their "Become a better trader" series. The firm runs monthly live "Roundup" sessions where the founder personally answers community questions — a level of transparency rarely seen in this industry.
Where most prop firms hide behind a faceless logo, PipFarm publishes the founder's name and broadcasts community Q&As publicly. The brand has scaled steadily to $4M+ paid to 1,000+ traders per the homepage counter (verified 2026).
What 380 Real Traders Say
— recent Trustpilot review
— recent Trustpilot review
— recent Trustpilot review
The Cheapest Path to $100K Funded
$100K Trading Challenge Pricing
| List price | $750 |
| With WELCOME30 (30% off) | $525 |
| Cost per $1K funded | ~$5.25 |
vs FTMO $100K: ~€540 (~$580)
vs The5%ers $100K: ~$595
Platform Stack
Account currencies: USD, EUR, GBP. JPY listed as coming soon.
Markets: FX, Metals, Indices
PipFarm is FX-first, not futures. If you trade currencies, metals, indices or commodity CFDs, this is your firm.
- Major + Minor + Exotic FX pairs
- Gold, Silver, Oil (commodities)
- Major Indices (US, EU, UK)
- Cryptocurrency CFDs (select pairs)
The 3 Rules That Actually Fail Traders
Three flavours: EOD Trailing (4%), Payout Trailing (5%), Equity Trailing (6%). The latter is the strictest — it follows your live equity.
Soft breach: caps your max risk-per-position at 2% of account size. Designed to prevent revenge trading, but can lock out scalpers with wide stops.
No single day can be more than 25% of your total profits at payout time. Forces multi-day, not one-shot, performance.
Top PipFarm Alternatives
FTMO
The original FX prop firm. Trustpilot 4.8 / 30K+ reviews. 80–90% profit split, biweekly payouts, MT4/MT5/cTrader/DXtrade. Costs ~10% more than PipFarm but has tighter spreads.
The5%ers
Instant funding pioneer with hyper-growth (HPR) and bootcamp models. Up to 100% profit split. Slightly stricter consistency rules than PipFarm.
FundedNext
Up to 95% split, 15% scaling plan, no time limit on evaluation. Generous refund of fees on first payout.
Traders comparing PipFarm often look at Quantum Funding and Glow Node as well.
MyForexFunds (MFF)
Returned to the market after a 2023 regulatory pause. Now operates with stricter compliance. Account sizes up to $300K.
What are PipFarm's drawdown limits and profit targets?
$10K Account — Entry Tier
| Profit target (Instant 6%) | $600 |
| EOD Trailing Max Loss (4%) | $400 |
| Equity Trailing Max Loss (6%) | $600 |
| Pip Protector (2%) | $200/trade |
| First payout cap | $300 |
$50K Account — Sweet Spot
| Profit target (Instant 6%) | $3,000 |
| EOD Trailing Max Loss (4%) | $2,000 |
| Equity Trailing Max Loss (6%) | $3,000 |
| Pip Protector (2%) | $1,000/trade |
| First payout cap | $1,500 |
$100K Account — Pro Tier
| Profit target (Instant 6%) | $6,000 |
| EOD Trailing Max Loss (4%) | $4,000 |
| Equity Trailing Max Loss (6%) | $6,000 |
| Pip Protector (2%) | $2,000/trade |
| First payout cap | $3,000 |
How do PipFarm's challenge rules work?
INSTANT — EOD Trailing
| Profit Target | 6% |
| First Payout Cap | 3% |
| EOD Trailing Max Loss | 4% |
| Pip Protector | 2% |
| Daily Consistency | 25% |
| Rank 2+ Max Loss | 5% |
Best for swing traders — drawdown locks at end of day, not on equity spikes.
INSTANT — Payout Trailing
| Profit Target | 6% |
| First Payout Cap | 3% |
| Payout Trailing Max Loss | 5% |
| Pip Protector | 2% |
| Daily Consistency | 25% |
| Rank 2+ Max Loss | 6% |
Middle-ground option — drawdown trails until you take a payout, then resets.
INSTANT — Equity Trailing
| Profit Target | 6% |
| First Payout Cap | 3% |
| Equity Trailing Max Loss | 6% |
| Pip Protector | 2% |
| Daily Consistency | 25% |
| Rank 2+ Max Loss | 7% |
Strictest mode — drawdown follows live equity tick-by-tick. Demands discipline.
STANDARD — Evaluation Mode
Two-phase challenge model for traders who want lower fees and don't mind a verification phase before live profit share.
| Time Limit | 90 days |
| Payout Interval | Every 7 days |
| Base Profit Share | Up to 99% |
| Loyalty Top-Up | +10% (=109%) |
How much does it cost to trade with PipFarm?
FX Spreads & Commission
cTrader ECN-style execution with raw spreads + commission per side. Live spreads visible inside the dashboard pre-purchase.
| EUR/USD typical spread | ~0.1 pips |
| Commission (round-turn) | ~$7/lot |
| Swap on FX | Yes (overnight) |
Live numbers verify on cTrader inside the trader dashboard.
Customise-Your-Challenge Add-ons
PipFarm's pricing widget lets you stack modifiers — quoted directly from the live widget:
| +10% Profit Share | +20% fee |
| +1% Max Loss | +15% fee |
| Payout Interval (custom) | From $0 |
Promo Codes (Live Today)
Codes visible on pipfarm.com promo banner (verified 2026).
Which countries cannot use PipFarm?
Where PipFarm Cannot Onboard Traders
PipFarm complies with international sanctions and KYC rules. Per their terms (verify on the live site), the following jurisdictions are restricted from purchasing challenges:
Video Guides & Reviews
Watch How Traders Rate PipFarm
Real reviews from independent YouTube traders. Click any video to play inside the page — no redirect.
PipFarm Pros and Cons
The Good
- Up to 109% profit share with loyalty program — industry-leading
- 7-day payouts — fastest weekly cycle in FX prop space
- Public, named founder James + monthly community Roundup livestreams
- 7 account sizes from $2.5K to $150K — granular price ladder
- Customise-Your-Challenge lets you tune profit share / max loss yourself
- Two-promo stacking: WELCOME30 (30% off) or INSTANT50 (50% off Instant)
- cTrader live, MT5 on roadmap
- $4M+ paid to 1,000+ traders publicly disclosed
The Trade-offs
- Pip Protector (2%) soft breach can be restrictive for swing traders with wide stops
- Equity Trailing 6% mode is unforgiving — drawdown follows live equity tick-by-tick
- 25% daily consistency rule prevents one-shot home runs
- MT5 not yet live — cTrader-only until MT5 launches
- FX/CFD focused — not for futures traders (use BluSky, Topstep, Apex instead)
- Trustpilot at 4.0 — solid but lower than FTMO's 4.7
- US and Canada are restricted jurisdictions
How much does a PipFarm challenge cost?
PipFarm Challenge Pricing — All 7 Account Sizes
| Account Size | List Price | With WELCOME30 | $/$1K Funded | |
|---|---|---|---|---|
| $2.5K | $45 | $31.50 | ~$12.60 | Get This Plan |
| $5K | $75 | $52.50 | ~$10.50 | Get This Plan |
| $10K | $120 | $84 | ~$8.40 | Get This Plan |
| $20K | $210 | $147 | ~$7.35 | Get This Plan |
| $50K | $420 | $294 | ~$5.88 | Get This Plan |
| $100K | $750 | $525 | ~$5.25 | Get This Plan |
| $150K | $1,050 | $735 | ~$4.90 | Get This Plan |
Prices are list prices observed on pipfarm.com pricing widget. WELCOME30 promo verified live (May 2026). Add INSTANT50 for Instant accounts to stack savings further.
PipFarm vs FTMO vs The5%ers vs Topstep
How PipFarm Stacks Up Against the Big Names
| Feature | PipFarm | FTMO | The5%ers | Topstep |
|---|---|---|---|---|
| Profit Split (max) | 109% | 90% | 100% | 90% |
| Payout Frequency | 7 days | 14 days | 14 days | Daily (futures) |
| $100K Challenge | $525* | ~$580 | ~$595 | ~$549 |
| Asset Class | FX/CFD | FX/CFD | FX/CFD | Futures |
| Platforms | cTrader | MT4/5/cTrader | MT4/5 | NinjaTrader/TS |
| Trustpilot | 4.0/5 | 4.8/5 | 4.6/5 | 4.5/5 |
| Time Limit | 90 days | 30+60 days | None | None |
| Public Founder | ✅ James | ❌ | ❌ | ❌ |
*PipFarm price reflects active WELCOME30 promo. List price is $750. Compare PipFarm to BluSky if you trade futures instead.
Is PipFarm legit and worth it?
Why traders pick PipFarm in 2026
PipFarm has carved out a specific niche in the prop-firm market: FX-first, fast payouts, and a publicly accountable founder. While most prop firms run their pricing and rules behind anonymous brand pages, James — PipFarm's founder — hosts a monthly community Roundup where the entire trader base watches him answer questions live. That alone separates PipFarm from 90% of the industry.
On the numbers side, PipFarm publishes $4M+ paid out to 1,000+ traders directly on its homepage, with a Trustpilot rating of 4.0 / 5 across 380 reviews at the time of writing. The 7-day payout cycle is faster than FTMO's biweekly model, and the loyalty program — which can take your effective profit share to 109% — is genuinely unmatched in the FX prop space.
If you trade FX, metals, or indices on cTrader, PipFarm is one of the most cost-efficient, trader-friendly firms available right now. If you trade futures, look at BluSky, Topstep, or Apex instead — PipFarm doesn't cover that asset class.
Frequently Asked Questions