- Trust level:
- Neutral
- Min. price
- $50
- Year founded
- 2023
- Country of registration
- Singapore
- Max. Scale
- $300K
- Reviews PipFarm:
- 2 6 1
- News Volatility
- Yes
- Swing Allowed
- Yes
- EAs Allowed
- Yes
- Fee back
- No
- Payment
- PayPal, CC, Crypto
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- Withdrawal:
- Not made
- Shopper's status:
- 2 Stage 5k Challenge
The mystery shopper assessment is general. There were no purchases of challenges, trading on a demo account, trading on simulation accounts, or withdrawal of funds. We recommend paying attention to those companies where the mystery shopper has performed a more in-depth check of the propcompany.
General advantages PipFarm
- User-friendly personal account with trading statistics.
- Option to choose between static or trailing drawdown.
- Payout protection system: profits are preserved even if limits are accidentally exceeded, provided key conditions are met.
- XP Rank program: traders earn experience points for trades and rule compliance, increasing their rank and receiving bonuses.
General disadvantages PipFarm
- Commission of $6 per lot on Forex and metals (can be reduced to $3 upon reaching XP Rank 1); no commission on other instruments — costs are included in the spread.
- Strict daily loss limit — 3% of the previous day’s balance, which increases the risk of position closure after an account drawdown.
- Some traders report critical feedback regarding customer support.
Trader Support and Feedback
- Declared communication channels:
-
Email •Available, can be used as a support channel.
Website Chat •Available.
Knowledge Base • Yes (search works properly) - Claims about Support:
-
Traders in reviews sometimes criticize the company’s support for being slow. My personal experience communicating with PipFarm staff confirmed that responses were not particularly fast — one inquiry went unanswered for over an hour. Objectively, however, this is normal in companies where real staff, rather than chatbots, handle client requests. Additionally, the question I submitted in the chat actually required more time to process.
- Claims to the knowledge base:
-
None.
- Alternative Support Channels:
-
The company is present on social media, including Discord, X, LinkedIn, Instagram, Facebook, and Telegram. A question was submitted to thr Telegram community and received a response within one minute.
Restrictions, fines, blocking
- Blocking for account inactivity:
-
You must close at least one trade every 28 days to confirm activity and keep your trading account in active status.
- Single IP rule:
-
No. The company does not have such a rule.
- Overnight position:
-
Allowed.
- Copy Trading:
-
Allowed. You can copy your own trades from other accounts using services like Duplikium or TradersConnect. Copying trades from other traders is prohibited.
- Use of VPN and VPS:
-
Allowed.
- Prohibited trading practices:
-
- High-Frequency Trading (HFT) and arbitrage bots using data transmission delay (latency arbitrage bots).
- Signal trading, as well as sharing your own trading signals with third parties or group trading.
- Hedging between accounts. Opening opposite positions on multiple accounts is prohibited. This restriction applies to both accounts within PipFarm and those involving other firms. This includes group hedging and manipulating risk across accounts.
- Gap trading.
- Claims to blocking conditions:
-
None.
Convenience of the personal account
- Correspondence of information on the site with the Personal Account:
-
The information matches.
- Navigation and usability:
-
The personal account provides full information on challenges: participation fee, profit target, required number of profitable trading days, drawdown limits, and other key parameters. Detailed trading statistics are also available, helping users track their performance and adjust strategies in real time. There is a FAQ section that helps quickly find answers to common questions without leaving the the personal account is.
Negative Reviews Online
Users report several issues with Pipfarm’s service:
- KYC verification denied.
- Lack of response from support, long wait times for inquiry replies.
- Poor customer service, with no clear explanations or solutions provided for denials or account blocks.
Opinion of the Mystery Shopper
PipFarm is a prop-trading platform with an innovative set of risk management tools. The XP system allows traders to increase their rank and receive bonuses, while the option to choose static or trailing drawdown and the payout protection provide some flexibility in trading. At the same time, the platform has strict limits and restrictions, such as the daily loss limit, which requires discipline from the trader. Some users also report difficulties with support and a limited choice of trading terminals, which may create inconveniences.
Is the Company Suitable to Be Recommended for Cooperation?
It is difficult to recommend this company as a partner, particularly for beginner prop traders. PipFarm has a rather limited track record and market reputation, operating for only two years. Several areas still need improvement, including customer support, operation with only one relatively unpopular trading terminal (cTrader), and the lack of educational programs — all of which may pose significant obstacles, especially for novice traders.
Proofs:
Reviews
Man, stay away from PipFarm, seriously. I don’t even know how they call this a prop firm. The spreads are wild, slippage on every trade, and the platform lags like it’s running on dial-up internet. I passed phase 1 fair and square, then they suddenly said I “violated risk rules” — with no proof at all. Support just copies the same message like bots, no real answers. Feels like they just look for reasons not to pay out. Waste of time and nerves, total scam vibes.
I have to say, my experience with PipFarm has been kinda frustrating. Execution isn’t always smooth, especially when trading gold and GBP/USD during volatile hours — spreads jump unexpectedly. Rules are a bit confusing at times, and I felt like small mistakes are punished harshly. Support takes too long to reply, which is annoying if you have urgent questions. First payout eventually came, but the whole process felt unnecessarily stressful. Definitely not as trader-friendly as I hoped.
Honestly, I didn’t expect much from PipFarm at first, but it turned out to be a nice surprise. The dashboard is clean and easy to use, and execution feels smooth even during busy market hours. I’ve been trading gold and GBP/USD mostly, and spreads stay reasonable. What I liked most is how simple their rules are — no confusing fine print or unrealistic restrictions. I got my first payout last week with no issues at all. Overall, PipFarm feels fair and trader-friendly, which is rare these days.
I gave PipFarm a shot because the pricing looked fair and their site promised “real market conditions.” Well, turns out that’s not really the case. My trades on GBP/USD were constantly slipping — I’m talking 1 to 2 pips even in low volatility periods. At first, I thought maybe it was my connection, but everything else on my VPS ran perfectly fine. What really irritated me was how the system tracked the daily drawdown. It felt off — one losing trade counted twice in the stats somehow, which made no sense. When I contacted support, they replied two days later with a copy-paste line about “risk parameters.” PipFarm just doesn’t feel trustworthy. It’s like they built a prop firm simulator, not a real trading environment.
I was really excited to try PipFarm, but honestly, it’s been nothing but disappointment. The onboarding process is messy and poorly organized — it’s hard to figure out exactly what’s required to pass the evaluation. Even when I followed all the rules carefully, some of my trades were marked invalid for reasons that weren’t clearly explained. Customer support is painfully slow; I waited multiple days just to get a vague response that didn’t solve anything. The platform itself has glitches too — charts freeze, orders don’t always register, and it’s really stressful when you’re trying to trade seriously.
The scaling program allows you to increase funding, and the XP accumulation system for completing stages such as passing the challenge, receiving a payout, and scaling your account is a great way to get rewarded for your achievements. Accumulating a sufficient amount of XP allows you to rank up and gain additional benefits.
The challenge at this company was one of my first, and I’m glad that PipFarm became my guide in prop trading. The process took quite some time, but the absence of time limits allowed me to work at a comfortable pace. After successfully completing the challenge, I received a funded account and my first profit, which I reinvested into a new challenge. I’m grateful to PipFarm for my first positive experience in prop trading.
I appreciate the opportunity to scale my capital. Starting with a smaller amount, I gradually grew my account, which positively impacted my profits. The challenge process was well-structured and transparent, allowing me to focus on trading and achieving my goals.
My experience with Pipfarm has been positive.
PipFarm is an excellent prop trading company, and as a trader, I can confidently confirm this. I’ve been trading with PipFarm for a long time and would like to highlight a few key advantages.
First, the variety of trading accounts allows every trader to find an option that suits their trading style. The scaling conditions and generous profit payouts are also impressive. I also appreciate that stop-loss orders can be used here.
The platform is user-friendly, and the multilingual support along with fast payouts are definitely worth mentioning.
Overall, if you’re looking for a prop firm that offers real opportunities for success, PipFarm is a solid choice.
Tried PipFarm for about a month — mixed feelings. The idea is solid, they position themselves as a serious prop, but the execution isn’t quite there yet. The dashboard looks outdated, and sometimes data updates with a delay. The rules are okay, not too strict, but that trailing drawdown can kill you fast if you’re not careful. Support is polite, but you can tell it’s a small team — responses aren’t instant, and half the time they copy-paste from their FAQ. Payment options are fine, payouts came through eventually, but it took longer than expected. On the plus side, their pricing is fair, and they don’t mess around with shady rules. You trade — you get paid, simple as that. Just don’t expect a “big firm” experience. Overall: legit but raw, still needs polish.