Introduction
You might remember that in October of last year, I hosted our first live online event alongside some of PipFarm’s top-performing traders who collectively earned over $188,000 in payouts from PipFarm in 2024.
During the live event in our Discord community, I announced a series of changes to PipFarm trading challenges. We discussed these changes for over an hour and answered many questions from the community. These changes enhanced our mission of rewarding consistently profitable traders and strengthened our overall sustainability.
Despite some initial confusion, the changes were well received and did not impact our continued growth. While these changes positively impacted our objective of supporting real traders like most of you, we encountered another issue–fraudulent trading, specifically account hedging. While this is not a new issue, it’s a growing problem and sadly constitutes a sizeable portion of prop firm users.
Many tools exist to treat this problem, most of which are impractical, imperfect, unreliable, or unethical, making them useless to PipFarm. The only way to address the issue is to minimise the return on investment from hedge arbitrage strategies, and sadly, that’s the reason for the changes.
You will not like these changes if:
- You do not trust PipFarm
- You need to make money ASAP
- You do not believe in yourself as a trader
- You are a scammer
I understand that changes can be concerning. I hope that by now, you trust me and PipFarm enough to know that all changes are made fairly and should have minimal impact on you.
You might wonder, how do you know this will help? Will these changes solve every problem? Will PipFarm make changes in the future? I will answer all of those questions in a live stream later in the month. In this stream, we will share our findings from several undercover operations, where we allowed and watched hedging groups attack PipFarm for two months.
But we do have a deep understanding of the issue because, over the past two months, my team has joined several groups under cover and participated in attacks against PipFarm. This information has helped us shape our Classic, Endurance and Consistency modes.
All of the below are new account modes and will not be applied to existing challenge or funded accounts.
Consistency Mode 🟡
The Consistency Mode will require that your most profitable trading day cannot exceed 50% of your total profit for each stage and between payouts. You cannot pass or request a payout if your score exceeds 50%. For 100k accounts, a 40% consistency score is required; for 200k accounts, a 30% Consistency Score is required; and for 300k accounts, a 20% consistency score is required.
Consistency Mode has already been released and is ready for you to start! Check the user guide 👉 Consistency Mode guide.
Classic Mode 🎻
Classic Mode is a step back to our original rules with a simple Trading Day requirement (no consistency score or profitable days required) to pass a challenge or qualify for a payout. This Classic Mode will use a simple scaling logic, where you must complete four payouts from an account to scale. The 3% minimum payout threshold will be revived for Classic Mode. The cost will be higher than those of the Consistency and Endurance Mode challenges.
Classic Mode will be launched by Friday, the 17th of January. Check the user guide 👉 Classic Mode guide.
Endurance Mode 🏃
The updated Endurance Mode will be based on minimum Profitable Days. You must complete the minimum Profitable Day requirement to pass a stage/challenge or request a payout. The number of Profitable Days you must complete depends on your account size. A Profitable Day is a day where the closing balance is at least 0.5% of the initial account balance higher than the opening balance. Endurance Mode will also work with our new Smart Scaling and Scaling Buffer features.
The new Endurance Mode will be launched by Friday, the 24th of January. Check the user guide 👉 Endurance Mode guide.
Smart Scaling 🧠
Finally, our one-of-a-kind scaling program is here! We will count your cumulative profit to reach the scaling target. This means your payouts will not inhibit your scaling ambitions with PipFarm. When the previous payouts and current profit equal 12%, you will automatically scale to a new funding level and be eligible for a payout. Smart Scaling is applicable with Endurance Mode and Consistency Mode accounts.
We’ve already prepared a guide for you in our help centre 👉 Smart Scaling guide.
Scaling Buffer 🪜
The Endurance Mode program works with a new Scaling Buffer, where 50% of the profit is retained until the Smart Scaling target is reached. When you reach the target, all profit is paid, and your new scaled account is created. The Scaling Buffer is only used with Endurance Mode.
See how it works 👉 Scaling Buffer guide.
Additional changes 😮💨
Sorry, that’s not all. We have a few more things for you to know about.
XP Penalty change 😉
I heard you guys, and I’ve decided NOT to deduct 5 XP for breaching a funded account. We will only deduct 1 XP, meaning you cannot end up with less than you started with. Please expect this change sometime in February.
Prohibited trading practices ⚠️
We’ve learnt more about how cheaters trick our program, so we’ve added a few more prohibited trading practices. They are clearly described here 👉 List of Prohibited Trading Practices.
Crypto margin requirements 💱
Due to the current volatility in crypto markets, we are adjusting our leverage to be more aligned with prop industry standards. Standard leverage will start at 1:2, and extra leverage will start at 1:3. This change will be applied after the rollover on Friday, January 10th.
Check our current leverage settings here 👉 Leverage and margin requirements.
Stop out level 🛑
The stop-out level will be set to 100%. When 100% of the margin is utilised, your positions will start to be closed. This is an additional measure to protect the company, but should not impact many traders. Since launching, only seven of over ten thousand traders have fallen below 100% margin level. This will be applied at rollover tonight.
Keeping everything simple and transparent 🔍
Many of you chose PipFarm because of my stance on simplicity, transparency, and fairness. We will soon announce a date for our next live Q&A, where you can ask me questions about any new rules and the purpose of any changes. Meanwhile, you can find me in Discord, where I will be available to answer any of your questions!
