PipFarm - Reviews and overview 2025
- Trust level:
- Low
- Min. price
- $50
- Year founded
- 2023
- Country of registration
-
Singapore
- Max. account balance
- $300000
- Terminal
- cTrader
- Reviews PipFarm:
- 0 2 1
- News Trading
- Yes
- Swing Trading Allowed
- Yes
- EAs Trading Allowed
- Yes
- Refund
- No
- Payment
- PayPal, CC, Crypto
- Withdrawal:
- Not made
- Shopper's status:
- 2 Stage 5k Challenge
General advantages PipFarm
- Convenient Personal Account with trade statistics.
General disadvantages PipFarm
- Hidden fees.
- Slow response from support regarding challenge-related inquiries.
- Claims regarding trading conditions:
-
In addition to the spread, there are hidden fees that are not disclosed in the company’s trading terms. Specifically, in a sell trade where the price was 3 pips below the ASK level, the position should have turned positive, but it remained negative.
- Claims regarding execution of orders:
-
On March 14, 2025, slippage of up to 5 points was recorded despite the absence of significant news activity. For example, two sell trades on the GBPUSD pair were opened. The stop-loss on each trade was triggered approximately 5 points below the set level, resulting in a loss greater than calculated. The hidden fees not disclosed by the company significantly complicate the mathematical risk calculations for trades. As a result, the large slippage combined with the extra fees led to the account being blocked due to exceeding the daily drawdown limit.
Trader Support and Feedback
- Declared communication channels:
-
Email • The response to the request in a controversial situation took more than an hour to process.
Website Chat • A general question was asked in the chat; the response took more than an hour.
Knowledge Base • Yes (search works properly) - Support Check:
-
A dispute arose regarding the triggering of a stop-loss. All relevant screenshots explaining the situation were attached to the request. Support did not respond for over an hour. Later, a generic, non-informative reply was received that did not address the issue. It was necessary to explain the situation again and resubmit the request. It should also be noted that the question asked via live chat took even longer to process – the response was received only after waiting more than an hour.
- Complaints About Support:
-
The support team is not particularly fast in handling requests. As mentioned earlier, it was necessary to explain the issue more than once. There are no major complaints, but the support service doesn’t stand out compared to other companies.
- 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.
Final Company Assessment
It is difficult to recommend this company as a partner – especially for those new to prop trading. PipFarm still has a rather limited track record and reputation in the market, having only been active in the industry for two years. There is clearly room for improvement: customer support, hidden fees, slippage, working with only one not-so-popular trading platform (cTrader), lack of educational programs—all of this can present serious challenges, particularly for beginners. Undoubtedly, the company has its strengths: a high trader profit split, flexible capital scaling system, and support for certain popular trading strategies—all of that is true. But for now, the downsides outweigh the positives.
Proofs:
Reviews
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.
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.