Can traders use EAs, trade news, hold weekend positions, or copy trades at PipFarm, and what strategies are prohibited?
💡 Answer
Is the use of EA Allowed at PipFarm?PipFarm’s Terms prohibit using a commercial trading robot purchased from a third party without any adjustment to strategy.
Is News Trading allowed at PipFarm?
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”).
Can PipFarm traders hold Weekend Trades?
Is Copy Trading allowed at PipFarm?
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.
What are some main Prohibited Strategies at PipFarm?
Per PipFarm’s Terms, prohibited practices include (non-exhaustive): high-frequency trading, news straddling, latency arbitrage, triangular arbitrage, pooling/hedging risk across multiple accounts (including in similar services), aggregating the activities of multiple individuals under a single account, trading on behalf of others, using copy-trading/managed-account services (e.g., MQL5/ZuluTrade), using third parties to pass challenges, and manipulating Profitable Day and Consistency requirements by closing and reopening positions to exploit program rules. PipFarm also introduced a “90% Profit Rule” stating that no single trade can account for more than 90% of total profits for a challenge pass and for each payout.
More FAQs about PipFarm
- How do payments and refunds work at PipFarm?
- How does PipFarm handle trader withdrawals in terms of payout limits, timing, and payment options?
- What is the highest profit split percentage available at PipFarm?
- What asset classes does PipFarm support for trading?
- How much leverage is available at PipFarm for FX, indices, metals, and crypto assets?
- What are the supported trading platforms at PipFarm, and who is the broker behind them?
- What are the spread, commission, and slippage conditions for traders at PipFarm?
- What trading practices are restricted at PipFarm, including rules on martingale and lot size limits?
- What drawdown structure does PipFarm follow for traders?
- Does PipFarm apply any consistency or risk-based trading rules?
- Which evaluation or funding programs are available at PipFarm?
- How do the challenges work at PipFarm for traders seeking funding?
- What is the funding limit at PipFarm, and does the firm allow traders to scale their accounts?
- What is PipFarm's Trustpilot rating and total review count right now?
- Does PipFarm offer 2-phase, 1-phase, or instant funding programs?
- What should traders know about account limits at PipFarm, such as max accounts, merging rules, and lot size limits?
- Does PipFarm enforce identity verification, and when is KYC performed?
- Are traders from all countries allowed at PipFarm, or are there restrictions?
Guides Where PipFarm Is Featured
- Prop Firms Offering Crypto Leverage of 1:5 or Higher
- Prop Firms Offering FX Leverage of 1:30 or Higher
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:15 or Higher
- Prop Firms Offering Metals Trading
- Prop Firms Offering More Than $200k in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 3 Years in Operation
- Prop Firms With cTrader Platform
- Prop Firms with More Than 50 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 3.8 or higher
- Top Prop Firms That Accept Clients From Belarus
These guides include PipFarm alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
PipFarm vs FundedNext vs BrightFunded - Prop Firm Comparison (March 2026)
Side-by-side comparison of PipFarm vs FundedNext vs BrightFunded. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.
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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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FundedNext
FundedNext is a UAE-registered prop trading platform that offers Stellar 1-Step, Stellar 2-Step, Stellar Lite evaluations plus Stellar Instant funding. It combines balance-based drawdown rules, access to MT4/MT5/cTrader/Match-Trader (TradingView supported for analysis), and reward shares up to 95% (with add-ons)...
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BrightFunded
BrightFunded (Bright Global FZCO) is a Dubai-based prop firm offering an unlimited-time, 2-phase evaluation (8% then 5% targets) with 5% daily and 10% max loss limits, trading on cTrader, DXtrade and MT5 with up to 1:100 FX leverage, and Funded...
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| Overview | |||
| Trustpilot Rating | 4 | 4.5 | 0 |
| Trustpilot Reviews | 351 | 61,473 | 0 |
| Headquarters | Singapore | United Arab Emirates | United Arab Emirates |
| Age (Years) | 3 | N/A | N/A |
| Max Funding | $300,000 | $300,000 | $400,000 |
| Profit Split Start | 70% | 80% | 80% |
| Profit Split Max | 99% | 95% | 100% |
| Platforms | cTrader | MT4 MT5 cTrader Match-Trader | MT5 cTrader DXtrade |
| Assets | Forex Metals Energy Indices Crypto | Commodities Crypto Forex Indices | FX Commodities Indices Crypto |
| Leverage | |||
| FX Leverage | 30 | 100 | 100 |
| Metals Leverage | 20 | 15 | 40 |
| Crypto Leverage | 10 | 1 | 5 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 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. | 5 | 5 |
| Max Total Loss | 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). | 10 | 10 |
| Drawdown Type | 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. | Stellar 1-Step / 2-Step / Lite: Daily Loss and Maximum Loss are calculated from the initial balance of the phase and include closed + floating PnL (plus commissions/fees). The daily limit resets at 00:00 (server time GMT+2). The maximum loss threshold is fixed as a percentage of the initial balance, while the “maximum permitted loss” displayed can expand or shrink with accumulated profit/loss within a trading cycle.Stellar Instant: Uses a 6% trailing maximum loss limit that ratchets upward with profits; it does not reset after withdrawals. | Drawdown ModelBrightFunded’s drawdown approach uses an end-of-day (EOD) high-watermark logic for daily risk: the daily permitted loss is always 5% of the challenge size, and the next day’s breach level is set using the highest balance or equity recorded at the end of the prior day. The daily loss resets during the rollover window (roughly 23:30–23:59 CET).Across the evaluation phases, the account must also respect a 10% maximum loss limit; breaching either the daily or max-loss thresholds invalidates the account. |
| Payouts | |||
| Payout Frequency | 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%). | Payout Frequency (Performance Rewards)Payout timing depends on the account model:Stellar 1-Step FundedNext Account: rewards are requested on a 5 business day cycle (first and subsequent cycles).Stellar 2-Step & Stellar Lite FundedNext Accounts: first reward is available after an initial 21-day cycle, then bi-weekly (every 14 days) thereafter if eligibility is met; a “Bi-Weekly Reward” add-on can bypass the initial 21-day wait.Stellar Instant: first reward is available after 5 business days, then rewards can be requested on-demand, subject to eligibility and trailing drawdown buffer rules. | Payout FrequencyOn Funded Star accounts, BrightFunded allows the first reward split request 30 days after the first trade. After the first payout, reward splits can be requested bi-weekly (every 14 days). Optional add-ons at checkout can enable weekly payouts (every 7 days) and/or an instant 90% profit split upgrade. |
| Days to First Payout | 0 | 5 | 30 |
| Payout Processing Time | 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 ProcessingPerformance Reward requests are submitted through the FundedNext dashboard. Processing time can vary based on compliance checks, payout method/provider, and request volume; allow additional time for bank/crypto settlement after approval. | Payout ProcessingBrightFunded states that payouts are typically processed by the finance team within about 1 day after a request is submitted, with final receipt time depending on the payment rail and compliance checks. |
| Payout Methods | Rise Skrill USDT USDC | Rise Crypto Bank Transfer | Crypto (USDC – ERC-20) Bank Transfer |
| Payments | |||
| Payment Methods | 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. | Credit/Debit Card Crypto Local Payment Methods | Credit/Debit Card Crypto |
| Trading Permissions | |||
| News Trading | 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”). | News trading is generally allowed across FundedNext CFD models, but FundedNext applies ‘restricted news time’ rules on funded accounts: if trades are executed during restricted high-impact, instrument-correlated news windows, a portion of the profit can be removed during cycle review (commonly referenced as a 40% deduction on affected profits). Stellar Instant has a distinct news-time profit treatment where FundedNext may retain a larger share of profits generated during designated news time. | News trading is permitted, but traders remain responsible for respecting all drawdown rules; spreads and slippage can widen materially during high-impact releases. Tick-scalping and any attempts to exploit pricing/data-feed errors are prohibited. |
| Weekend Trades | N/A | Overnight and weekend holding is allowed across all active CFD account types (Stellar Instant, Stellar 1-Step, Stellar 2-Step, Stellar Lite). Swap charges (unless swap-free) can impact floating PnL and therefore drawdown calculations. | BrightFunded allows holding positions over the weekend. Traders should account for gap risk and liquidity changes at the weekly reopen; a swap-free add-on can remove swap fees for overnight/weekend holds when purchased. |
| Copy Trading | 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. | Copy trading is allowed only between your own FundedNext Challenge accounts (one ‘master’ and one or more ‘slave’ accounts) as long as total combined Challenge capital does not exceed $300,000. Copy trading is prohibited between any FundedNext Account and any other FundedNext Account or Challenge account (even if you own them). Cloud-based copy services are not allowed; VPS-based copiers are permitted only for copying between your own Challenge accounts. | Copy trading is allowed only between accounts owned by the same person (BrightFunded accounts, other evaluation firms, or personal brokerage accounts). Copying between different individuals, signal-group trading, or account management services are prohibited and can lead to profit deductions, resets, or closure. |
| EA Allowed | PipFarm’s Terms prohibit using a commercial trading robot purchased from a third party without any adjustment to strategy. | EAs/automation are supported on MT4/MT5 (and platform-native automation where applicable). Match-Trader is positioned for manual trading and does not support MetaTrader-style EAs. Any automation must still comply with FundedNext’s prohibited strategy and fair-use rules. | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. |
| KYC & Restrictions | |||
| KYC Required | No | Yes | Yes |
| KYC Stage | 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. | KYC (identity verification) is required after passing a Stellar Challenge and before a FundedNext Account is issued. Traders upload government-issued ID (and in some cases proof of address) via the dashboard Verification Center; once approved, FundedNext typically issues the FundedNext Account within 48–72 hours. KYC must be completed within 30 days after passing, otherwise the account can become inactive. | KYC is required to activate a Funded Star account after passing Phase 2, and BrightFunded uses SumSub for identity verification (typically government-issued ID plus proof of address). Activation also includes a security check by the risk team before the trader contract is issued. |
| Restricted Countries | Afghanistan Central African Republic Congo (Republic of the Congo) Crimea Democratic Republic of Congo Iran Libya North Korea Somalia South Sudan Sudan Syria Yemen | Afghanistan Albania Antigua and Barbuda Bangladesh Belarus Belize Bouvet Island Burundi Cape Verde Central African Republic Chad Comoros Cuba Democratic Republic of the Congo Eritrea Ethiopia Fiji Grenada Iran Lebanon Libya Malaysia Mali Myanmar Nicaragua North Korea Russia Somalia South Sudan Sri Lanka Sudan Syria Tuvalu Ukraine Venezuela Vietnam Yemen Zimbabwe | Cuba Iran North Korea Syria Vietnam |