Company Background: PipFarm is a funded trader platform providing virtual trading accounts to remote traders post a successful screening test. Led by former cTrader executive James Glyde, PipFarm uses big data analysis to uncover trading insights and has developed its own dashboard and risk management system (PipFarm) (PropFirmReviews.net).
Year Established: PipFarm was launched after a year of development, so it is relatively new (PipFarm).
Head Office Location: Singapore (PipFarm).
Prohibited Countries: This information is not specified on their website.
Associated Brokers: Not directly associated with any trading broker (PipFarm).
Evaluation Description: Traders must pass a pre-funding screening process to become external contractors and trade firm capital. They are remunerated based on performance and compliance with program rules (PipFarm) (PropFirmReviews.net).
Funded Trader Benefits: Benefits include the Power-Up system with rewards like increased leverage, reduced commissions, free VPS with trade copier, and capital boosts (PropFirmReviews.net).
Profit Split: Specific profit split percentages are not mentioned.
Account Size (USD): N/A
Max Trading Days: N/A
Min Trading Days: N/A
Max Daily Loss: 3%
Max Total Loss: 12%
Profit Target: 12%
Challenge Fee (USD): Not specified.
Fee Refundable: Not specified.
News Trading Allowed: Yes
EAs Allowed: Yes
Copy Trading Allowed: Yes
Describe Scaling Plan: The Power-Up system allows traders to earn Experience Pips (XP) to unlock rewards and benefits such as increased leverage and capital boosts (PropFirmReviews.net).
Scaling Plan Requirements: Earning XP by completing quests and reaching milestones (PropFirmReviews.net).
Min Months Prior to Scaling: Not specified.
Total Minimum Profit Percentage Achieved: Not specified.
Positive Account Balance Required: Not specified.
Increased Profit Split: Not specified.
Max Account Value: Free 100K test account at Rank 10 in the Power-Up system (PropFirmReviews.net).
Trading Platforms Used: cTrader (PropFirmReviews.net) (FinanceFeeds).
Tools & Services Provided by the Prop Firm: Dynamic leverage system, Power-Up rewards system, free VPS, trade copier (PropFirmReviews.net) (FinanceFeeds).
Prop Firm Trading Educational Material Provided: N/A
Testimonials: Not specified.
Trustpilot Rating: 4.7
Number of Trustpilot Reviews: Not specified.
Prop Firm Social Presence: Not specified.
Online Opinion of Prop Firm: PipFarm appears to be a promising prop trading firm with innovative features like the Power-Up rewards system and dynamic leverage. However, more transparency regarding specific details such as fees, educational resources, and Trustpilot reviews would be beneficial.