PipFarm is a Singapore-based prop firm operating since 2023 under ECI Ventures Pte. Ltd. It runs three challenge formats — 1-Stage, 2-Stage, and Instant — across three trading modes on cTrader only. Profit splits start at 70% and climb to 99% through the XP ranking program. Use code WELCOME30 for 30% off any challenge.
Rating Breakdown
Pros
- Three challenge modes let you pick the sustainability standard that suits your strategy
- News trading allowed with no time restrictions
- Overnight and weekend holding permitted across all formats
- EAs supported via cTrader Automate, plugins, and Open API
- Profit split reaches 99% at Rank 6 — best possible in this space
- Scale up to $1.5M across 8 scaling events
- Instant Funding option available from $2,500
- Payout protection: breach-with-profit can still qualify for a payout
- Competitive pricing — Consistency Mode $100K challenge from $280
- Copy trading between your own accounts is permitted
Cons
- cTrader only — no MT4 or MT5, which excludes many traders outright
- Delisted from PropFirmMatch in October 2025, raising transparency concerns
- Starting profit split is 70% — below many competitors at entry level
- $5,000 payout cap per cycle unless Consistency Score is at or below 30%
- Pip Protector system on funded accounts is complex and punishing after Strike 2
- Default payout interval is 30 days; weekly/bi-weekly requires a paid add-on
- Gap trading policy deducts profits from gaps larger than 0.2%
- Rule complexity across three modes, two drawdown types, and XP ranks is high
Account Plans and Pricing
1-Stage Challenge Rules
| Evaluation type | One-step |
| Profit target | 12% (all modes) |
| Time limit | 365 days per stage |
| Drawdown options | 6% static OR 9% trailing (choose at purchase) |
| Daily loss limit | 3% of previous EOD reference |
| Min. trading days (Classic) | 3 trading days (at least 1 closed trade per day) |
| Sustainability (Endurance) | 3 profitable days per stage (closing balance +0.5% vs open) |
| Consistency rule (Consistency mode) | Best day cannot exceed 35% of total profit (30% on funded) |
| Account sizes | $5,000 / $10,000 / $20,000 / $50,000 / $100,000 / $150,000 |
| Fee refund | Not explicitly stated — check current terms at pipfarm.com |
2-Stage Challenge Rules
| Evaluation type | Two-step (Stage 1 + Stage 2) |
| Classic targets | 9% Stage 1 / 6% Stage 2 |
| Endurance targets | 8% Stage 1 / 5% Stage 2 |
| Consistency targets | 6% Stage 1 / 6% Stage 2 |
| Max drawdown (Classic, Rank 0–1) | 9% static |
| Max drawdown (Endurance / Consistency, Rank 0–1) | 8% static |
| Max drawdown (Rank 2+ upgrade) | +1% added at Rank 2 across all modes |
| Trailing drawdown | Not available on 2-Stage |
| Daily loss limit | 3% of previous EOD reference |
| Time limit | 365 days per stage |
| Account sizes | $5,000 / $10,000 / $20,000 / $50,000 / $100,000 / $150,000 |
Instant Funded Account Rules
| Evaluation required | None — funded immediately |
| Account sizes | $2,500 to $150,000 |
| Drawdown type (choose at purchase) | Equity Trailing 6% / EOD Trailing 4% / Payout Trailing 6% |
| Daily loss limit | None |
| Pip Protector | 2% per Risk Window (closes positions; not a breach) |
| Daily Consistency Score | 25% cap (best day max 25% of total profit) |
| Winning Days required per cycle | 5 (at least +0.25% from start-of-day balance) |
| Payout target | 6% of starting balance |
| Payout interval | 7 days |
| Payout cap | Progressive: starts at 3%, rises 1% per payout to max 6% — hard cap, no exemption |
| Time limit | 90 days, resets after each payout |
Payouts
| Default payout interval | 30 calendar days (challenge-funded); 7 days (Instant) |
| Bi-weekly / weekly upgrade | Available as paid add-ons at purchase |
| Global payout limit | One payout per 7 calendar days across all accounts |
| First payout timing | After minimum interval plus sustainability requirements |
| Review window | 2 business days (trading paused during review) |
| Processing time | 2 business days after approval |
| Minimum payout (Consistency) | 1% of starting balance |
| Minimum payout (Endurance) | 2% of starting balance |
| Minimum payout (Classic) | 3% of starting balance |
| Payout cap | $5,000 gross per cycle (waived if Consistency Score is 30% or lower) |
| Profit split at Rank 0 | 70% |
| Profit split at Rank 6 | 99% |
| KYC required | Yes, before first payout |
| Verified total paid | Not publicly disclosed (blockchain-verified per firm) |
Trading Conditions
| Platform | cTrader only (no MT4 / MT5) |
| Market data provider | TopFX |
| Starting leverage (forex) | 1:30 (Rank 0–2); 1:50 from Rank 3 |
| Instruments | Not publicly disclosed in full — check pipfarm.com for full list |
| News trading | Allowed (gap trading policy applies: gaps >0.2% have profit deducted) |
| Overnight / weekend holding | Allowed including crypto weekends |
| Expert Advisors | Allowed via cTrader Automate, plugins, Open API |
| High-frequency trading | Prohibited |
| Copy trading (own accounts) | Allowed — between your own PipFarm and external accounts |
| Cross-account hedging | Prohibited (including across prop firms and personal brokers) |
| Account passing services | Strictly prohibited |
| Max accounts (challenge-funded) | 5 accounts / $300,000 combined initial balance |
| Max accounts (Instant) | 3 accounts / $300,000 combined |
| Scaling cap | $1,500,000 (8 scaling events) |
Our Verdict
PipFarm built something genuinely different from the majority of CFD prop firms. The three-mode system — Classic, Endurance, and Consistency — lets traders pick the sustainability standard that actually matches how they trade. A swing trader who relies on consistent profitable closes fits Endurance. A discretionary trader who takes fewer, bigger positions fits Classic. A trader who wants the cheapest entry and lowest payout threshold fits Consistency. That kind of menu is rare, and it matters.
The $5,000 payout cap per cycle is the rule that trips up the most traders. If you generate $8,000 in a strong week, $3,000 stays locked until the next cycle. The cap is lifted if your Consistency Score stays at or below 30%, which is the inverse of what you might expect — a stricter consistency requirement unlocks bigger payouts. New traders often discover this the hard way after their first profitable month. Use the consistency calculator to understand where your trading sits before requesting a withdrawal.
The platform restriction is the single biggest barrier for most traders. cTrader only means anyone running MT4 or MT5 strategies has to rebuild from scratch or walk away. This is not a minor inconvenience — it eliminates a large share of the trader population before they even look at the rules. The tradeoff PipFarm offers is access to cTrader Automate, the Open API, and proper trade copier support, which genuinely benefits algorithmic traders. But if your edge lives in MetaTrader, this firm is not for you.
The October 2025 delisting from PropFirmMatch is a legitimate flag that traders should understand before committing capital. PipFarm’s CEO publicly disputed the grounds, calling the legal demands excessive. PropFirmMatch did not release specific findings. The firm continued operating normally and processing payouts throughout. The Trustpilot score stayed at roughly 4/5 across nearly 400 reviews during this period. That is not the profile of a firm in active collapse, but it does mean one major vetting platform no longer endorses it. Traders should weigh that against their own risk tolerance.
The XP ranking system is a strong long-term incentive if you stay with the firm. Getting from 70% to 99% profit split requires sustained activity and scaling, not a quick trick. Rank 6 with a 99% split and 1:50 leverage is a genuinely competitive funded account. The path to get there is long, but the destination is real.
PipFarm suits experienced cTrader users and algorithmic traders who value mode flexibility, news trading access, and a clear scaling path. It is not the right starting point for traders used to MetaTrader, and the PropFirmMatch delisting means due diligence is more important here than with fully listed firms. For the right trader, it is a well-structured option with one of the better scaling programs in the CFD prop firm space.
PipFarm Coupon Code and Discount
The current PipFarm coupon code is WELCOME30, giving 30% off all challenges. Enter it at checkout on the PipFarm website. With 30% off, a $100K Consistency Mode 1-Stage drops from $280 to $196. A $100K Classic 1-Stage drops from $490 to $343.
| Code | WELCOME30 |
| Discount | 30% off |
| Applies to | All challenge types and account sizes |
| Last verified | July 2026 |
Frequently Asked Questions
Is PipFarm a legitimate prop firm?
PipFarm is a real, operating prop firm founded in 2023 under ECI Ventures Pte. Ltd. in Singapore. It holds around a 4/5 Trustpilot score from nearly 400 reviews and has verified payouts via blockchain transactions. In October 2025, it was delisted from PropFirmMatch after refusing to sign legal undertakings the platform demanded. PipFarm’s CEO stated those demands exceeded what regulators require of licensed brokers. The firm continues to operate and process payouts.
What challenge types does PipFarm offer?
PipFarm offers three formats: a 1-Stage challenge (12% profit target, choice of 6% static or 9% trailing drawdown), a 2-Stage challenge (targets vary by mode: Classic 9%/6%, Endurance 8%/5%, Consistency 6%/6%, all with static drawdown), and an Instant Funded account that skips evaluation entirely. Each funded challenge also requires you to choose from three trading modes that set different sustainability standards.
What is PipFarm’s consistency rule and how does the payout cap work?
In Consistency Mode, your best trading day cannot account for more than 35% of total profit during the challenge (30% on funded accounts). Separately, all funded accounts have a $5,000 gross payout cap per cycle — this cap is removed only if your Consistency Score is at or below 30%. The payout cap is one of the most commonly misunderstood rules at PipFarm.
What platforms does PipFarm support?
PipFarm uses cTrader only. There is no MT4 or MT5 option. Market data comes from TopFX. Algorithmic traders can use cTrader Automate, plugins, trade copiers, and the Open API. High-frequency trading bots are prohibited. If your strategy runs on MetaTrader, you cannot trade at PipFarm without rebuilding it.
Is there a PipFarm discount code?
Yes. The current PipFarm coupon code is WELCOME30, which gives 30% off all challenges. Enter it at checkout on the PipFarm website. At 30% off, a $100K Consistency Mode challenge drops from $280 to $196, and a $100K Classic drops from $490 to $343. The code applies to all challenge formats and account sizes.
Ready to try PipFarm?
Three challenge modes. Scale to $1.5M. News trading allowed. Use code WELCOME30 for 30% off.
Visit PipFarm →