PipFarm Review 2027 Fees, Features and Safety

This PipFarm review for 2027 looks at the Singapore-based prop firm, founded in 2023, and covers the profit split of up to 99%, funding of up to $1.5M, evaluation rules and payouts, so you can decide whether it fits the way you trade.

PipFarm overview (2027)

PipFarm is a proprietary trading firm based in Singapore that launched in 2023. It was founded by James Glyde, a former senior executive at the company behind the cTrader platform, and the firm's close relationship with cTrader shapes its whole offering. PipFarm is smaller than the industry's biggest names, but it has earned a reputation for thoughtful design, clear rules and a rewards system that improves a trader's terms over time.

Evaluation options

One-step evaluation: a single phase with a profit target, typically around 9% to 12% depending on the drawdown type selected.

Two-step evaluation: a two-phase format with lower targets per phase, added for traders who prefer the conventional structure.

A notable feature is the choice of drawdown model at purchase. Traders can select a static drawdown, which stays fixed relative to the starting balance, or a trailing drawdown, which follows the highest balance reached. The profit target and price adjust accordingly. This lets traders pick the risk structure that fits their strategy.

Account sizes range from $5,000 to $200,000 or more. There is no time limit, and minimum trading day requirements are light.

The XP and rank system

PipFarm treats progression like a game with real stakes. Traders earn experience points for activities such as trading days completed, payouts received and time with the firm. As points accumulate, the trader moves up through ranks, and each rank unlocks better conditions:

• a higher profit share, starting around 70% and rising in steps toward 95% and beyond at the top ranks;
• a larger maximum drawdown;
• faster payout cycles;
• increased capital and permission to hold more accounts.

The effect is that loyal, consistent traders are rewarded with terms that new customers cannot buy. It is one of the more original ideas in the prop industry.

Risk rules

The daily loss limit is around 3% and the maximum drawdown between 6% and 12%, depending on the options chosen and the trader's rank. News trading is permitted. Weekend holding is allowed on most accounts, sometimes as an add-on. Expert advisors and cBots can be used, and the firm is open to algorithmic traders provided strategies are not abusive.

PipFarm prohibits latency arbitrage, tick scalping, hedging between accounts and trade copying from external providers.

Payouts

The first payout is available after a short qualifying period on the funded account, and later payouts follow on a cycle that shortens as rank increases. Processing is usually quick. The evaluation fee is refunded after a specified payout. Feedback from traders on withdrawal handling is generally positive.

Scaling

Funded traders who reach profit milestones can have their accounts increased. Combined with the rank system, the plan allows total capital of up to about $1.5 million.

Platform: cTrader first

PipFarm runs primarily on cTrader, and its integration is deeper than at most firms. Features include detailed account analytics within the platform, native copy functionality between a trader's own accounts, and tools built specifically for PipFarm users. TradeLocker has also been listed as an option. MetaTrader is not offered.

For traders who like cTrader's clean interface, depth-of-market display and C#-based automation, this focus is an advantage. Those tied to MetaTrader will see it as a limitation.

Markets

Instruments include forex pairs, metals, indices, energies and cryptocurrencies. Spreads are competitive, with commission on forex. Leverage is up to 1:50 or 1:30 depending on the account, which is lower than at many rivals.

Fees

Pricing is in the middle of the market. A $100,000 one-step evaluation costs in the region of $500 to $600, varying with the drawdown type, and smaller accounts start from around $50 to $60. Discounts are available periodically.

What to keep in mind

The starting profit share of roughly 70% is lower than the 80% that is standard elsewhere, and it takes time to climb the ranks. Leverage is modest. PipFarm is a young and relatively small firm, though its leadership has deep industry experience. Accounts are simulated, and the firm is not a regulated financial institution.

Who is PipFarm best for?

PipFarm is an excellent fit for cTrader users, algorithmic traders and anyone who plans to stay with a firm long enough to benefit from the rank system. The choice between static and trailing drawdown is useful for matching the account to a strategy.

Traders who want MetaTrader, a high split from the first day or high leverage should look at other firms.

Pros and cons

• Pros: rank system that raises split, drawdown and payout speed, choice of static or trailing drawdown, deep cTrader integration, news trading allowed, friendly to algorithmic traders, clear rules, experienced founder.
• Cons: lower starting profit share, no MetaTrader, modest leverage, small and young firm.

PipFarm review: verdict for 2027

PipFarm is one of the most carefully designed prop firms on the market. It rewards consistency in a tangible way and gives cTrader traders a first-class environment. It is a specialist choice that suits committed, long-term traders very well.

Compare this PipFarm review with all 35 prop firms in our 2027 list, and confirm the latest terms on the official PipFarm website before you open an account.