PipFarm review
PipFarm, legally ECI Ventures Pte. Ltd., is a Singapore-based prop trading firm founded in 2023 by CEO James Glyde. It runs one- and two-step evaluations plus an instant-funding track, exclusively on cTrader, across forex, indices, metals, energies and crypto, with account sizes from $5,000 up to $300,000 scaling toward $600,000. Profit splits are among the highest advertised in the category, up to 95%. As with most firms in this space, the caveats are structural: PipFarm is not financially regulated, funded accounts are simulated rather than live trading accounts, and it is a young firm with a short operating history. Reviewers also flag its single-platform limitation, a fairly complex rulebook across multiple account 'modes,' and occasional friction around payout timing, despite a generally positive Trustpilot record.
PipFarm key facts
- Website: pipfarm.com
- Category: Prop trading firm
- Founded: 2023
- Headquarters: Singapore
- Model: 1- or 2-step Challenge, or Instant Funding
- Account sizes: $5K–$300K (scaling to $600K)
- Profit split: up to 95%
- Platform: cTrader only
- Payouts: Weekly (Fridays)
- CEO: James Glyde
- FYI Score: 71.7/100 (ranked #53 of the 63 prop trading firms we track)
Rules and risk
- Leverage is capped at 1:30; the 1-Stage Challenge uses a trailing drawdown while the 2-Stage Challenge uses a static maximum drawdown alongside a 3% daily loss limit.
- No time limit on either evaluation track.
- Weekend holding is permitted unless used for gap trading; high-frequency trading bots, copy trading between accounts, coordinated/group trading, hedging and multi-account layering are all prohibited.
- PipFarm operates restricted-country rules (including the US, Iran and several sanctioned jurisdictions) common across the offshore prop-firm category.
Payouts and platform
- cTrader is the only supported trading platform — there is no MT4, MT5 or TradeLocker option.
- Standard payouts run weekly on Fridays, with a $50 minimum payout via Rise, Skrill or USDT; instant-funding accounts also settle weekly.
- Funded accounts can scale up to $600,000 through PipFarm's Smart Scaling and Simple Scaling programs, which grow account size based on trading rank.
PipFarm evaluation challenges
| Challenge | Steps | Profit target | Max drawdown | Profit split | Price |
|---|
| 1-Stage Challenge | 1-step | 12% | 9% | 95% | from $40 · $5K–$300K |
| 2-Stage Challenge | 2-step | 9% | 9% | 95% | from $40 · $5K–$300K |
| Instant Funding | — | — | 6% | 95% | from $150 · $2.5K–$50K |
Markets
Forex, Indices, Metals, Energies, Crypto
Platforms
cTrader
Who PipFarm is for
Suits an active trader who already uses cTrader and wants a high headline profit split with fast weekly payouts, and who is comfortable with a young, unregulated firm and a rulebook that takes some reading to fully understand.
Pros
- High headline profit splits, advertised up to 95%, with a flat weekly (Friday) payout cycle.
- Choice of a 1-step or 2-step evaluation with no time limit, plus an Instant Funding track for traders who want to skip the challenge entirely.
- Broad market access across forex, indices, metals, energies and crypto, with account sizes scaling up to $600,000.
- Generally positive review base for a young firm, with a Trustpilot rating in the high 4s.
Cons
- Not financially regulated: a young, Singapore-registered firm (ECI Ventures Pte. Ltd.) founded in 2023 with a short operating history.
- cTrader is the only supported platform — no MT4, MT5 or TradeLocker for traders who prefer those ecosystems.
- Reviewers flag friction around payout timing and a fairly complex rulebook, including multiple account 'modes' and drawdown mechanics that vary by challenge type.
- All accounts are simulated, and the 95% split and account-size figures are the firm's own marketing claims rather than independently audited numbers.
PipFarm FAQ
Is PipFarm legit?
PipFarm is a real, operating firm (legally ECI Ventures Pte. Ltd., registered in Singapore) founded by CEO James Glyde in 2023, with a generally positive Trustpilot record. It is a young firm with a short track record, is not financially regulated, and its funded accounts are simulated rather than live trading accounts.
What evaluation options does PipFarm offer?
A 1-Stage Challenge (12% profit target, trailing drawdown, no time limit), a 2-Stage Challenge (roughly 9% then 6% profit targets across two phases with a 3% daily / 9% static drawdown), and an Instant Funding track that skips the evaluation. Account sizes run from $5,000 to $300,000 and scale toward $600,000.
How does the profit split and payout work?
PipFarm advertises profit splits up to 95%. Standard payouts run weekly on Fridays, with a $50 minimum payout via Rise, Skrill or USDT.
What platform does PipFarm use?
cTrader exclusively — PipFarm does not offer MetaTrader 4, MetaTrader 5 or any other platform, across forex, indices, metals, energies and crypto markets.
Compare PipFarm with other prop trading firms
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