PipFarm
Singapore · est. 2023 · reviewed 2026-09-06
Missing info
B or C
Missing info
B or C
FirmFax verdict
PipFarm is a solid but mixed forex and crypto prop firm best taken through its One-Stage Challenge (67/100), which uses a static drawdown that never moves with no consistency rule on file for this route either way.
Verified discount
30% off challenges with WELCOME30, 50% off instant with INSTANT50
PipFarm runs both codes in a rotating banner on its own homepage, each with a click-to-copy chip. WELCOME30 takes 30% off all challenges and INSTANT50 takes 50% off instant accounts. No expiry is stated. The checkout does not let codes stack with each other or with bonus coupons and gift vouchers, and it drops some codes when the cart is not in USD.
Verified 2026-09-07Offer links may be sponsored. They never change our score or ranking. Disclosure.
Best for
- ✓Budget-conscious traders — accounts start from $25
- ✓Traders who want a static or end-of-day drawdown instead of an intraday trail
- ✓Traders who value a $0 post-pass activation route
- ✓cTrader users — it is a listed platform
- ✓Forex traders
Check fit if
- •Confirm the consistency rule at checkout — no published figure is on file for this route either way
- •Best for traders with tight daily risk controls because this route includes a daily loss cap
PipFarm
Missing info
B or C
Missing info
B or C
Fig. 01 — Score breakdown
What the FirmFax score is made of
Trader reputation is not scored for PipFarm because the evidence isn't public yet, so this grade rests on the remaining 80% of the model rather than guessing a middling number.
Public rankings use account-specific scores. This firm-level context explains the background signals shared across its plans.
Fig. 02 — Account types
All account types compared
Rankings use each plan's own score.
| Plan | Market | Score | From | Activation | Reset | Drawdown | Daily loss | Consistency | Payout split | Platforms |
|---|---|---|---|---|---|---|---|---|---|---|
| One-Stage Challenge One-stage challenge 4 sources ↗
| Forex | Missing info B or C | $25 | Not recorded | Not recorded | Static | 3% | Not recorded | 70% to 99% by rank | MetaTrader 5, cTrader |
| One-Stage Crypto CFD One-stage CFD challenge with crypto instruments 3 sources ↗
| Crypto | Missing info B or C | $25 | Not recorded | Not recorded | Static | 3% | Not recorded | 70% to 99% by rank | MetaTrader 5, cTrader |
| Two-Stage Classic Crypto CFD Two-stage Classic CFD challenge with crypto instruments 3 sources ↗
| Crypto | Missing info B or C | $35 | Not recorded | Not recorded | Static | 3% | Not recorded | 70% to 99% by rank | MetaTrader 5, cTrader |
| Two-Stage Classic Two-stage Classic challenge 2 sources ↗
| Forex | 66C | $35 | Not recorded | Not recorded | Static | 3% | Not recorded | 70% to 99% by rank | MetaTrader 5, cTrader |
| Instant Equity Trailing Instant account with equity high-watermark risk 2 sources ↗
| Forex | Missing info C or D | Not recorded | Not recorded | Not recorded | Trailing (intraday) | 3% | 30% | 70% to 99% by rank | MetaTrader 5, cTrader |
- Activation
- No source we hold publishes an activation fee. A blank is not a $0 — budget for one until checkout proves otherwise.
- Reset
- No source we hold publishes a reset fee. A stored blank is not a free reset.
- Consistency
- No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
Account sizes — max drawdown & profit target
| Account size | Max drawdown | Profit target |
|---|---|---|
| $5,000 | — | $500 |
| $10,000 | — | $1,000 |
| $50,000 | — | $5,000 |
| $100,000 | — | $10,000 |
Fig. 03 — True cost
What does PipFarm actually cost?
Route: One-Stage Challenge
Cost on one clean pass
$25
Entry price plus activation on one clean pass, before any current discount. Resets add to this if you breach.
Fig. 04 — Before you buy
Rules to know first
Drawdown model
StaticOn the best route, the drawdown is fixed and never moves, the most forgiving model for scaling in and out.
Source: Challenge mode comparison ↗Daily loss limit
3%Daily caps make position sizing especially important, even when overall drawdown room remains.
Source: Challenge mode comparison ↗Consistency rule
Not recordedNo consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
Firm-wide rule — not covered by this plan’s sources
News trading
AllowedPipFarm states that trading around high-impact releases is allowed, at the evaluation stage and once funded.
Source: Challenge mode comparison ↗Activation fee
NoneNo activation fee is charged to turn a pass into a funded account on this route.
Source: Challenge mode comparison ↗Min trading days
3PipFarm requires at least 3 trading days on this route before the evaluation can be passed. The wait before a payout can be requested is a separate rule.
Firm-wide rule — not covered by this plan’s sources
Each row above is read from PipFarm’s own published pages where one is cited; rows marked “Not recorded” are gaps in our record, not terms the firm has waived. Last reviewed 2026-09-06 — confirm the live terms at checkout.
Fig. 05 — Full terms
Rules & payouts
Last verified 2026-09-06
Rules
- Drawdown
- Static
- Daily loss limit
- 3%
- Consistency rule
- 40%
- Min trading days
- 3
- Activation fee
- Not recorded
- No source we hold publishes an activation fee. A blank is not a $0 — budget for one until checkout proves otherwise.
- Reset fee
- Not recorded
- No source we hold publishes a reset fee. A stored blank is not a free reset.
- News trading
- Allowed
- Overnight holding
- Allowed
Automation: Verify current EA, max-risk, and trade-idea rules before publication.
Payouts
- Profit split
- 70% to 99% by rank
- Frequency
- Program and rank dependent
- Min days to payout
- 7
- First payout min
- Not recorded
- No source we hold states a minimum first payout.
- Methods
- Bank transfer, Crypto
- Payout evidence
- No dated evidence found
- No dated payout record published by the firm has been found. This is a gap in our evidence, not a finding about whether the firm pays.
- Platforms
- MetaTrader 5, cTrader
Payout evidence counts dated payout records PipFarm has published itself. We have found none for PipFarm. Most firms publish nothing dated, so a blank here says what we could not find — it is not a finding that the firm does not pay.
Fig. 06 — Rule tape
Recent changes
No firm-side rule or account changes tracked yet.
Red flags
- · Rank-based power-ups can change daily loss, max loss, commissions, and profit share; account grade must state assumed rank.
Fig. 07 — Research & sources
Research notes
PipFarm publishes detailed help-center rules for static max loss, daily loss, balance-trailing max loss, instant equity trailing, and challenge-mode differences. Current help-center account-size pricing lists $5K through $150K, so the prior $200K size is no longer displayed as a current help-center-backed tier.
FAQ
PipFarm questions
Is PipFarm legit?
PipFarm has operated since 2023 (3+ years). FirmFax scores it 67/100 on its best account and reviews rules from public sources.
How much does PipFarm cost?
The best account route (One-Stage Challenge) starts at $25, with no activation fee on this route. See the cost breakdown above for the total on one clean pass.
What drawdown does PipFarm use?
The best route uses a static drawdown — the drawdown is fixed and never moves, the most forgiving model for scaling in and out.
Does PipFarm have a consistency rule?
We do not know. No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
How does PipFarm pay out?
Profit split on record for PipFarm: 70% to 99% by rank. Minimum 7 day(s) before a payout. Payout cadence: Program and rank dependent. FirmFax holds no dated, firm-published payout record for it — that means none has been found, not that the firm fails to pay.
What platforms does PipFarm support?
PipFarm lists MetaTrader 5, cTrader. Review platform access for the specific plan you choose.
Is there a PipFarm discount code?
30% off challenges with WELCOME30, 50% off instant with INSTANT50 — official source, last verified 2026-09-07. See the full PipFarm discount page for details.
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