PipFarm Review (2025): Is it a scam prop firm?

PipFarm Review and Analysis

Overview

While PipFarm offers multiple challenge options and attractive headline payout splits, traders should proceed with caution. The ongoing negative sentiment around manipulative practices and sudden terminations means it currently ranks below best-in-class prop firms for reliability.

PipFarm provides Instant Funding plus 1-Step and 2-Step evaluations (Standard & Pro). Pricing is competitive across $5K–$100K accounts, but restrictive rules and mounting negative feedback raise concerns about long-term viability, execution quality, and fairness.

Funded Accounts

• Instant Funding: from $5,000 up to $100,000
• 1-Step Challenge: from $5,000 up to $100,000
• 2-Step Standard Challenge: from $5,000 up to $100,000
• 2-Step Pro Challenge: from $5,000 up to $100,000

Challenge Overview

Instant Funding: first payout only after 3% profit plus a 1% buffer is reached; typical risk rules include ~3% daily loss, ~5% trailing max loss, and restrictions on weekend/news trading.
1-Step: target ~10% within 30 days (no hard time limit may vary), max loss ~6%, daily loss ~3–4%; consistency rules may apply.
2-Step (Standard/Pro): two phases with customizable or tiered targets (e.g., 8–10% then 5–8%); generally stricter consistency and news/weekend restrictions on funded accounts.

Pros and Cons

Pros

• Affordable entry fees across common account sizes
• Instant Funding path available for faster capital access
• Advertised profit splits up to 95–100% (conditions apply)

Cons

• Growing complaints about execution/manipulation and fairness
• Strict restrictions (no weekend/news trading on many tiers)
• Trustpilot/user feedback suggests reliability concerns

Evaluation Metrics

• Challenge difficulty: Moderate–Hard (tight daily loss & trailing DD; higher Phase-1 targets on some tracks)
• Customer support: Email/chat focused; limited escalation transparency reported
• Fee: Competitive vs peers for $5K–$100K tiers
• Payout scheme: Headline split up to 95–100% (subject to consistency & risk rules)

Meet the CEO

Former Chief Commercial Officer at cTrader, Glyde launched PipFarm in 2024 and leads the firm as CEO. With 10+ years in online trading and fintech, he’s been a public voice on prop-firm risk management and fraud prevention (e.g., iFX Expo 2024, Finance Magnates), and has overseen PipFarm’s expansion and product lineup (including instant funding). Prior to PipFarm, his cTrader leadership shaped broker/platform partnerships and go-to-market strategy.

PipFarm Frequently Asked Questions (FAQs):