Eightcap Challenges vs PipFarm - Prop Firm Comparison (March 2026)
Head-to-head comparison of Eightcap Challenges and PipFarm. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed March 2026.
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Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
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PipFarm
PipFarm is operated by ECI Ventures Pte. Ltd. (Singapore) and provides simulated trading challenges on the cTrader platform. Traders who pass a Trading Challenge may be enrolled in PipFarm’s Remote Trader Program and earn a reward (profit share) based on...
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| Overview | ||
| Trustpilot Rating | 4.1 | 4 |
| Trustpilot Reviews | 3,569 | 351 |
| Headquarters | Seychelles | Singapore |
| Age (Years) | 1 | 3 |
| Max Funding | $600,000 | $300,000 |
| Profit Split Start | 80% | 70% |
| Profit Split Max | 90% | 99% |
| Platforms | mt4 mt5 tradelocker | cTrader |
| Assets | FX Commodities Indices Crypto US Stocks (Day Trader only) | Forex Metals Energy Indices Crypto |
| Leverage | ||
| FX Leverage | 100 | 30 |
| Metals Leverage | 20 | 20 |
| Crypto Leverage | 3 | 10 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier. | Maximum Daily LossPipFarm’s Max Daily Loss rule is calculated as a percentage of the previous end-of-day (EOD) balance. By default, the daily loss limit is 3% of the previous EOD balance and is recalculated when the previous EOD balance changes. PipFarm states the EOD is calculated in the dashboard around 22:05 GMT (winter) or 21:05 GMT (US daylight savings). PipFarm also states traders may increase the daily loss limit to 4% after achieving Rank 4 in its Experience Programs. |
| Max Total Loss | Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options). | Maximum Overall LossPipFarm offers different maximum-loss models depending on program selection. For Static Max Loss, PipFarm states the one-stage program uses a 6% Static Max Loss of starting balance, while the two-stage program uses a 9% Static Max Loss of starting balance. For the one-stage program, PipFarm also offers a Trailing Maximum Loss option which tracks a high watermark (balance-based) and is 9% of the high watermark balance (10% if Rank 2 or higher). |
| Drawdown Type | Balance-based (Daily from previous-day balance; Max fixed from initial balance) | Drawdown ModelPipFarm’s public rules describe multiple drawdown frameworks, including: (1) a Static Max Loss (fixed percentage of starting balance), (2) a balance-based Trailing Max Loss (tracks the high watermark of account balance), and (3) an equity-based trailing max drawdown rule (high-watermark equity-based), as described in PipFarm’s Terms. |
| Payouts | ||
| Payout Frequency | Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge. | Payout FrequencyBy default, PipFarm schedules and processes payouts automatically on the first Friday of each month. Optional payout-frequency add-ons are available: Bi-weekly (1st and 3rd Friday of each month, +10%) and Weekly (every Friday, +25%). |
| Days to First Payout | 14 | 0 |
| Payout Processing Time | Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required. | Payout ProcessingPipFarm states payouts are processed automatically at 06:00 GMT on the eligible Friday and completed by 23:59 GMT the same day, provided requirements are met and there are no open positions. PipFarm’s Terms also describe a $1,000 compensation policy if a scheduled payout is missed due to internal company error (subject to conditions), and note payouts may be suspended or delayed for investigation or verification requirements. |
| Payout Methods | Crypto International Bank Transfer | Rise Skrill USDT USDC |
| Payments | ||
| Payment Methods | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) | PipFarm’s Terms state it accepts payment through various methods (including credit cards e-wallets and cryptocurrencies) though availability may vary by user and time. |
| Trading Permissions | ||
| News Trading | Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades. | PipFarm’s marketing materials state it allows news trading and that it does not dictate how users should trade. PipFarm’s Terms also prohibit exploitative trading strategies (including “news straddling”). |
| Weekend Trades | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. | N/A |
| Copy Trading | Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address. | PipFarm’s Terms list copy-trading/managed-account services (e.g., MQL5 or ZuluTrade) as prohibited trading practices, and also prohibit trading on behalf of others or having others trade on your behalf. |
| EA Allowed | Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage. | PipFarm’s Terms prohibit using a commercial trading robot purchased from a third party without any adjustment to strategy. |
| KYC & Restrictions | ||
| KYC Required | No | No |
| KYC Stage | Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya | PipFarm’s Terms state that to participate in the Remote Trader Program, the user must pass an ID verification process after passing a Trading Challenge for the first time. PipFarm states verification is completed via ComplyCube or Veriff and may require an identity document, a selfie, and (in some cases) proof of address, questionnaires, or a video call. |
| Restricted Countries | Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen | Afghanistan Central African Republic Congo (Republic of the Congo) Crimea Democratic Republic of Congo Iran Libya North Korea Somalia South Sudan Sudan Syria Yemen |