PipFarm Prop Firm Review – What You Need to Know in 2025
Founded in June 2023, PipFarm is a proprietary trading firm headquartered in Singapore, operated by ECI Ventures Pte. Ltd. and led by CEO James Glyde. It offers funded accounts from $5,000 to $300,000, scalable to $1.5 million, with profit splits up to 95%. Traders can access forex, commodities, indices, and cryptocurrencies exclusively on the cTrader platform, partnered with regulated broker TopFX. With over $1 million paid out in 2024 and a 4.6/5 Trustpilot rating from over 100 reviews, PipFarm emphasizes trader growth through its unique XP loyalty program and flexible evaluations.
PipFarm Best suited for:
- Beginners: Affordable challenge fees starting at $50 and a year-long trading period.
- Intermediate Traders: One-step and two-step evaluations with static or trailing drawdown options.
- Experienced Traders: High profit splits, scaling up to $1.5 million, and on-demand payouts via the XP program.
- Scalpers & News Traders: Supports news trading and flexible strategies with minimal restrictions.
Pros & Cons of PipFarm
Pros
High Profit Splits: Up to 95% via the XP program, starting at 70%.- Flexible Evaluations: One-step (Static or Trailing) and two-step programs with no maximum trading day limits.
- No Inactivity Fees: 30-day inactivity rule without penalties.
- XP Loyalty Program: Earn points for milestones to unlock higher splits, faster payouts, and lower commissions.
- Fast Payouts: Bi-weekly payouts, as quick as every 3 days for high XP ranks, processed via Rise, Skrill, Binance Pay, or USDT.
- News Trading Allowed: Trade during major news events with minimal restrictions.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does PipFarm Work? (Step-by-Step Guide)
- Select Account & Challenge: Choose one-step (Static or Trailing) or two-step evaluation ($5,000-$300,000).
- Pass Evaluation: Meet 6%-12% profit targets (depending on program) with 2-5 minimum trading days.
- Get Funded: Trade a funded account with real profit potential via TopFX.
- Earn Profits: Receive 70%-95% profit splits, with bi-weekly or on-demand payouts after 14 days.
PipFarm Account Types & Funding Options
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000, scalable to $1.5 million. Funding Models: Two-Step Evaluation: 6% profit target per phase, 3% daily/9% max loss, static drawdown. Static Evaluation (One-Step): 12% profit target, 3% daily/6% max static drawdown. Trailing Evaluation (One-Step): 6% profit target, 3% daily/12% max trailing drawdown, consistency score required. Profit Splits: 70% default, up to 95% with XP rank progression. Fees: $50-$1,500, non-refunded
- discounts via affiliate programs or third-party sites.:
Profit Targets & Payouts
- Profit Targets: 6% (two-step per phase or Trailing one-step), 12% (Static one-step).
- Payouts: Bi-weekly via Rise, Skrill, Binance Pay, or USDT, processed in 1-3 days
- on-demand (every 3 days) for high XP ranks.
- Drawdown Limits: 3% daily, 6%-12% overall (static or trailing, based on program).
- Comparison: PipFarm’s 3% daily drawdown is more lenient than Funding Pips (4%), but its consistency score in Trailing evaluation is stricter than FundedNext’s flexible rules.
Leverage & Trading Conditions
- Leverage: Up to 1:30 (forex), 1:20 (indices/commodities), 1:10 (crypto), increasable via XP rewards.
- Lot Sizes: Flexible, with risk management enforced via drawdown limits and kill switch feature.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping
- swing trading
- news trading
- hedging
- Expert Advisors (EAs)
- overnight/weekend trading.
Restricted Trading Strategies
- High-frequency trading (HFT)
- arbitrage
- copy trading across accounts
- exploiting platform errors.
How Long Does It Take to Get Funded by PipFarm?
- Challenge Duration: Unlimited trading days for all programs, with a minimum of 2-5 profitable days.
- Evaluation Speed: One-step can take days
- two-step may take 1-2 weeks.
- User Experiences: Fast funding (24-48 hours post-evaluation), but some report delays in payout processing for larger amounts.
How Long Has PipFarm Been Around?
PipFarm has been operating since June 2023, with over $1 million in payouts in 2024. Its partnership with TopFX and a 4.6/5 Trustpilot score build trust, but its short history compared to FTMO (since 2014) or The 5%ers (since 2016) suggests caution for long-term reliability.
Who Owns PipFarm? (Founder & Company Background)
Founder: James Glyde, CEO. ? ? Headquarters: Singapore (ECI Ventures Pte. Ltd., 68 Circular Road #02-01, 049422). ? ? Mission & Vision: Support trader growth with transparent evaluations, scalable funding, and lifetime XP rewards. ? ? Regulatory Status: Unregulated, partners with regulated broker TopFX for trade execution and KYC compliance.
What Can You Trade with PipFarm? (Supported Markets & Assets)
Markets: Forex (50+ pairs), indices, commodities, cryptocurrencies. Assets: EUR/USD, S&P 500, gold, silver, BTC, ETH. Restrictions: No weekend crypto trading, bans on HFT, arbitrage, and copy trading across accounts.
Does PipFarm Offer Education & Trader Support? (Learning Resources & Coaching)
Limited, focuses on trading rules and XP program benefits, no formal courses or webinars. Trader Development: Real-time dashboard with analytics and kill switch for risk management. Coaching Programs: None, relies on community and support team guidance. Community & Networking: Active Discord with thousands of traders, plus Telegram and X (@pipfarm) engagement
How Good is PipFarm’s Customer Support? (Response Time & Availability)
Support Channels: Live chat, email ([email protected]), Discord, Telegram. Response Times: Typically within hours, praised for proactive assistance. Operating Hours: 24/7 for live chat and Discord. Trader Feedback: Positive for fast responses and clarity, some concerns about payout issues for high XP traders.
Is PipFarm a Scam or a Legit Prop Firm?
PipFarm is legitimate, verified by Singapore registration (ECI Ventures Pte. Ltd.), a 4.6/5 Trustpilot rating from over 100 reviews, and over $1 million in payouts in 2024. Its partnership with TopFX, use of Riseworks for contractor onboarding, and transparent XP program add credibility. However, concerns include its unregulated status, short operational history, and occasional payout delays for larger withdrawals, with some traders questioning consistency rule enforcement.
Alternatives to PipFarm – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, two-step evaluation, no instant funding or crypto. The 5%ers: Up to 100% split, no crypto, excludes US traders, stricter evaluations. FundedNext: 95% split, multiple platforms (MT4/MT5/cTrader), less restrictive consistency rules.
Final Verdict – Should You Trade with PipFarm?
PipFarm is ideal for traders seeking high profit splits (up to 95%), flexible evaluations, and crypto trading, with a unique XP program that rewards milestones with faster payouts and higher leverage. Its instant funding, year-long trading periods, and scaling to $1.5 million appeal to diverse skill levels, while TopFX’s regulated execution adds trust. However, the cTrader-only platform, limited education, and occasional payout delays for larger withdrawals require caution compared to established firms like FTMO or The 5%ers. Traders should review recent feedback and proceed carefully in 2025, balancing PipFarm’s innovative features against potential risks.
