PipFarm at a glance
An established prop trading firm, reviewed by the Tradelytic team and rated by traders.
PipFarm is a proprietary trading firm offering one and two-step evaluation challenges across account sizes from $5,000 to $250,000. Traders complete their chosen evaluation path before accessing a funded account with a profit split of up to 90%. The firm has built a strong reputation in the prop trading market, combining flexible challenge options with no time limit, bi-weekly payouts, and a free retry.
Its strongest points are the $5,000 entry-level account size, dual challenge flexibility, no evaluation time limit, bi-weekly payouts, and a free retry option. The main trade-off is an 8% maximum drawdown limit – tighter than the 10% offered by several competitors – and a single platform option in MT5, with no MT4 support.
Our verdict
The Tradelytic editorial assessment — independent of any commercial relationship.
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Pros & cons
The honest summary, weighed from our testing and trader feedback.
- $5,000 entry-level account – one of the lowest starting points in the market
- One and two-step challenge flexibility with no evaluation time limit
- Bi-weekly payouts with a consistent processing record
- 90% profit split ceiling – competitive across the market
- Free retry option reduces the financial risk of a failed attempt
- 8% maximum drawdown – tighter than the 10% offered by top competitors
- $250,000 maximum account size sits below the $400,000 ceiling available elsewhere
- MT5 only – no MT4 support for traders who prefer it
Who it's for
Here's how to tell if this prop firm is right for you.
- Want a low entry-level account starting at $5,000
- Need one-step or two-step flexibility with no time limit
- Want bi-weekly payouts and a free retry option
- Are comfortable trading within an 8% maximum drawdown limit
- Want a competitive 90% profit split with above-average account sizes
- Need a drawdown limit of 10% or above
- Require MT4 platform support
- Want a maximum funded account above $250,000
- Prioritise a 100% profit split ceiling over all other terms
Fees & platforms
What it costs to trade, and what you'll trade on.
PipFarm charges a one-time challenge fee that varies by account size, with no ongoing monthly subscription. Account sizes run from $5,000 to $250,000. Traders choose between a one-step path with a single profit target, or a two-step path across a Challenge and Verification phase with incremental targets at each stage.
Trading rules
The core rules are a maximum daily loss and a maximum overall loss (drawdown), both measured against the starting balance and capped at 8%. There is no minimum trading-days requirement and no time limit on either evaluation path, giving traders full flexibility to complete the challenge at their own pace.
Payouts
Funded traders can request payouts on a bi-weekly cycle, with the profit split reaching up to 90%. PipFarm has a consistent payout processing record across its operational history. Always confirm the current fee schedule, rules, and profit-split terms directly with PipFarm before purchasing a challenge.