How transparent are PipFarm’s spreads, commissions, and slippage rules?
💡 Answer
PipFarm markets “raw spreads from 0.0 pips” (spreads vary with market conditions) and pairs this with its published per-lot commissions.
PipFarm states all trading is conducted in a simulated environment using third-party market data and that it does not provide brokerage trading accounts; simulated performance results do not represent actual trading.
Commissions
PipFarm states its challenges and funded accounts apply $6 per lot commissions with raw spreads. In its Leverage & Commission guide, PipFarm lists $6 commission (per lot) on Forex and Metals, and $0 commissions on Indices, Crypto, and Oil.
Live spread data, commission schedules, and execution statistics are published on PipFarm official website.
More FAQs about PipFarm
- Which trading methods are supported by PipFarm, and which strategies are not allowed?
- Does PipFarm support refunds, and what payment methods are available?
- What is the payout process at PipFarm, including withdrawal minimums and processing duration?
- What percentage of profits can traders earn at PipFarm?
- Which tradable assets are offered by PipFarm?
- What leverage levels apply at PipFarm for different asset classes like forex, indices, metals, and crypto?
- Which trading platforms does PipFarm primarily support, and what broker handles execution?
- What limitations does PipFarm place on trading strategies, martingale methods, and lot sizing?
- Is the drawdown at PipFarm static, trailing, or equity-based?
- Are there specific consistency or percentage-based rules at PipFarm?
- Does PipFarm offer different program or evaluation models?
- Can you explain the challenge model used by PipFarm?
- How large can a funded account be at PipFarm, and is there a scaling plan in place?
- How many Trustpilot reviews does PipFarm have, and what is its rating?
- What are PipFarm's available program types?
- How are account limits structured at PipFarm, including multi-account policies and lot size limits?
- At what point does PipFarm require KYC, and is identity verification mandatory?
- What nationality or country restrictions apply at PipFarm?
Guides Where PipFarm Is Featured
- Prop Firms Offering Crypto Leverage of 1:1 or Higher
- Prop Firms Offering FX Leverage of 1:30 or Higher
- Prop Firms Offering Maximum Profit Split of 95% or Higher
- Prop Firms Offering Metals Leverage of 1:15 or Higher
- Prop Firms Offering Metals Trading
- Prop Firms Offering More Than $100k in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 2 Years in Operation
- Prop Firms With cTrader Platform
- Top Prop Firms That Accept Clients From Gambia
These guides include PipFarm alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
PipFarm vs E8 Markets vs Seacrest Markets - Prop Firm Comparison (November 2026)
Side-by-side comparison of PipFarm vs E8 Markets vs Seacrest Markets. 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 November 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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E8 Markets
E8 Markets is a US-based prop-firm-style evaluation brand operating simulated accounts via third-party platforms, offering 1-step programs such as E8 One and E8 Signature (Forex/Crypto) with dynamic drawdown models, leverage up to 1:30 on FX, and performance-fee payouts via Plane...
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Seacrest Markets
Seacrest Markets (formerly MyFundedFX) is a broker-backed prop evaluation program offering MT5 and Match-Trader simulated challenges with no time limits, up to $400,000 total simulated value across active accounts, 80% profit split on Live Sim accounts (with VIP tiers up...
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 0 | 0 | 3.3 |
| Trustpilot Reviews | 0 | 0 | 1 |
| Headquarters | Singapore | United States | South Africa |
| Age (Years) | 3 | 5 | N/A |
| Max Funding | $300,000 | $500,000 | $400,000 |
| Profit Split Start | 70% | 80% | 80% |
| Profit Split Max | 99% | 100% | 92.75% |
| Platforms | cTrader | MT5 cTrader Match-Trader TradeLocker | mt5 match-trader |
| Assets | Forex Metals Energy Indices Crypto | FX Metals Indices Energy Crypto | FX Metals Indices Energy & Commodities Crypto |
| Leverage | |||
| FX Leverage | 30 | 30 | 30 |
| Metals Leverage | 20 | 15 | 10 |
| Crypto Leverage | 10 | 5 | 2 |
| 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. | 3 | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). |
| 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). | 4 | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). |
| 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. | Drawdown ModelE8 One uses a 3% Daily Drawdown (from the day's starting balance) plus a 4% Dynamic Drawdown that limits maximum running or closed loss. E8 Signature products use an end-of-day (EOD) Dynamic Drawdown limit (set as a fixed dollar amount by account size) plus a 2% Daily Pause that stops trading for the rest of the day but does not breach the account. | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) |
| 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 E8 Markets payouts are requested on-demand once a trader meets eligibility criteria. E8 Signature Forex/Crypto: First payout requires 3 profitable days; subsequent payouts require 5 profitable days (each profitable day is ≥0.3% realized closed PnL), plus a 35% Best Day Rule. Payout buffer and payout caps apply. E8 One (E8 Trader stage): 40% Best Day Rule and the trader's net profit (payout share) must be greater than 50% of the account's daily drawdown; buffer rules can apply in specific scenarios. | Payouts every 14 days (VIP tiers faster). |
| Days to First Payout | 0 | 0 | 14 |
| 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 ProcessingPayouts are typically processed within 1–2 business days (excluding weekends) and then received in ~1–3 additional business days; the total process may take 2–5 business days. Payouts are delivered via Plane (bank transfer) or Rise (crypto options), subject to payout-provider onboarding/KYC. | Processing 12–72 hours. |
| Payout Methods | Rise Skrill USDT USDC | Plane (Bank Transfer) Rise (Crypto) | Crypto RiseWorks |
| 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 | Credit/Debit Card Crypto Apple Pay |
| 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”). | E8 One: In Phase 1, news trading is allowed without restriction. On the E8 Trader stage, a prohibition window applies for high-impact news: 5 minutes before and 5 minutes after the release, during which opening/closing/modifying trades is prohibited; profits earned during the window may be removed without an account violation. E8 Signature Forex/Crypto: News trading is allowed without restrictions in both Phase 1 and the E8 Trader stage, with a reminder that high-impact news can cause volatility and slippage and that the user is responsible. | News trading restricted on Live Sim (±3 minutes). |
| Weekend Trades | N/A | E8 Signature Forex/Crypto: Overnight/weekend holding is not supported; positions are closed daily at 23:00 server time and trading reopens at 00:15.E8 One: The help center does not impose the same daily position-closure rule; weekend/overnight exposure remains subject to normal market gaps and drawdown calculations. | Weekend trading allowed. |
| 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. | E8 Markets allows copy trading across evaluations and E8 Trader accounts (and to/from personal accounts) as long as the accounts belong to you. A key restriction is that you cannot copy trades or reuse the same trading ideas between multiple E8 evaluation accounts; each evaluation must be traded independently. Team trading and third-party signal services are not permitted. | Copy trading allowed for own strategies only. |
| EA Allowed | PipFarm’s Terms prohibit using a commercial trading robot purchased from a third party without any adjustment to strategy. | Expert Advisors (EAs) are allowed. E8 states it limits one strategy per user and may terminate accounts if it detects multiple users executing the same trades/strategy. Server request limits (e.g., order/TP/SL modification limits and maximum positions per day) also apply. | EAs allowed on MT5 only. |
| KYC & Restrictions | |||
| KYC Required | No | No | 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 is required as part of eligibility and compliance checks. To receive a payout, traders must also be able to onboard and pass KYC with E8's payout providers (Plane or Riseworks/Rise); if a trader cannot complete provider onboarding, E8 states it cannot issue a payout. | KYC required at Live Sim stage. |
| 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 Algeria Myanmar (Burma) Burundi Belarus Central African Republic Congo Democratic Republic of Congo Cuba Ethiopia Hong Kong Iran Iraq Kenya Kosovo Lebanon Libya Mali Midway Islands Nicaragua North Korea Pakistan Russia Samoa Somalia South Sudan Sudan Syria Ukraine United Arab Emirates Vatican City State Venezuela West Bank Western Sahara Yemen Zambia; Limited (E8 Signature Forex/Crypto only): Bulgaria India Romania Bangladesh Indonesia Taiwan Cambodia Laos Viet Nam Croatia | Cuba Iran Lebanon Syria North Korea Libya Russia Sudan Somalia South Sudan Vietnam United Arab Emirates Hong Kong Belarus Myanmar Central African Republic Democratic Republic of Congo Congo Ethiopia Nicaragua Venezuela Yemen Philippines Kenya Algeria Morocco United States |
PipFarm
E8 Markets
Seacrest Markets