PipFarm
Singapore · est. 2023 · reviewed 2026-09-24
FirmFax verdict
PipFarm is a strong forex and crypto prop firm; the account reviewed here is its One-Stage Challenge (82/100), which uses a static drawdown that never moves with no consistency rule on file for this route either way.
Current 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.
Checked 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 want a documented no-daily-loss 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
Fig. 01 — Score breakdown
What the FirmFax score is made of
This breakdown is for One-Stage Crypto CFD, the middle-scoring of the 5 plans on sale. PipFarm's grade is that plan's score.
Fig. 02 — Account types
All account types compared
Rankings use each plan's own score.
| Plan | Market | Score | From | Drawdown | Daily loss | Consistency | Payout split | Platforms | |
|---|---|---|---|---|---|---|---|---|---|
| One-Stage Challenge One-stage challenge | Forex | 82B | $25 | Static | 3% | Not recorded | 70% to 99% by rank | MetaTrader 5, cTrader | Not recorded consistency rule |
| One-Stage Crypto CFD One-stage CFD challenge with crypto instruments | Crypto | 82B | $25 | Static | 3% | Not recorded | 70% to 99% by rank | MetaTrader 5, cTrader | Not recorded consistency rule |
| Two-Stage Classic Crypto CFD Two-stage Classic CFD challenge with crypto instruments | Crypto | 82B | $35 | Static | 3% | Not recorded | 70% to 99% by rank | MetaTrader 5, cTrader | Not recorded consistency rule |
| Two-Stage Classic Two-stage Classic challenge | Forex | 80B | $35 | Static | 3% | 50% | 70% to 99% by rank | MetaTrader 5, cTrader | |
| Instant Equity Trailing Instant account with equity high-watermark risk | Forex | 54D | Not recorded | Trailing (intraday) | None | 30% | 70% to 99% by rank | MetaTrader 5, cTrader | Not recorded entry price |
- Consistency
- No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule. A consistency rule can apply at the funded stage only, so confirm it in the firm’s own terms before you rely on it.
Fig. 03 — Cost to funded
What does PipFarm cost?
Route: One-Stage Challenge
Cost on one clean pass
$25+
Entry price for one attempt, before any current discount. Fees paid after entry are not included, so the real cost may be higher.
Fig. 04 — Before you buy
Rules to know first
Drawdown model
StaticOn One-Stage Challenge, the drawdown is fixed and never moves, the most forgiving model for scaling in and out.
No source on file for this row
Daily loss limit
3%Daily caps make position sizing especially important, even when overall drawdown room remains.
No source on file for this row
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. A consistency rule can apply at the funded stage only, 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.
Source: PipFarm news trading policy ↗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 2026-09-24 — confirm the live terms at checkout.
Fig. 05 — Full terms
Rules & payouts
Last reviewed 2026-09-24
Rules
- Drawdown
- Varies by planStrictest: Trailing (intraday), on Instant Equity Trailing
- Daily loss limit
- Varies by planStrictest: 3%, on One‑Stage Challenge
- Consistency rule
- Varies by planStrictest recorded: 30%, on Instant Equity Trailing3 plans not recorded
- Min trading days
- Varies by plan3 plans not recorded
- News trading
- Allowed
- Overnight holding
- Allowed, on every plan on sale that we list
Automation: PipFarm allows automated trading on all challenge and funded accounts. You are free to use expert advisors (EAs), trading bots, algorithmic strategies, and third-party automation tools.
Payouts
- Profit split
- 70% to 99% by rank
- Frequency
- Program and rank dependent
- Min days to payout
- Not recorded
- We have not recorded whether there is a minimum holding period before a payout.
- First payout min
- Not recorded
- We have not recorded whether there is 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 82/100 on One-Stage Challenge and reviews rules from public sources.
How much does PipFarm cost?
One-Stage Challenge starts at $25. Fees paid after entry are not included in that price. See the cost breakdown above for what that figure includes.
What drawdown does PipFarm use?
One-Stage Challenge 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 One-Stage Challenge. That is a gap in our record, not evidence the firm has no rule. A consistency rule can apply at the funded stage only, 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. 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 checked 2026-09-07. See the full PipFarm discount page for details.
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