PipFarm recently announced prosperity program, a new funding program which is designed for top-performing traders. This program is accessible to traders who reach Rank 4 or above in the Power-Ups program and offers exciting benefits and opportunities for experienced traders.

Key Benefits of the Prosperity Program

The PipFarm Prosperity Program is fully loaded with benefits and provides traders with increased funding and trading conditions which give them an advantage over normal traders. On top of that, There is always confusion among traders if their trades are being A-Booked or B-Booked, To clear the confusion, PipFarm has given the surety that every Trader who will trade in PipFarm Prosperity Program will be A-Booked, offering full transparency between Trader and PipFarm. Now Let’s see what are the standout features of the program:

1). Initial Funding :

Traders who qualify for the program will receive initial funding of either $200K or $300K. This allows traders to manage larger accounts, which can lead to higher profit potential.

2).Max Drawdown:

A 10% Max Drawdown will be provided to traders. This Drawdown will be calculated based on Static Drawdown which remains constant and is calculated based on the initial account balance, which gives traders less confusion and more room when it comes to managing risk.

3).Daily Drawdown :

A 10% Daily Drawdown limit is also given in the program, This is great as it gives traders room to make trades which require bigger risk and also helps in managing risk effectively.

4).Monthly Salary :

Traders will receive a 1% monthly salary based on the account balance. This unique feature offers a reliable income source that is separated from the trading profits, providing traders extra financial security.

5). Profit Share :

The profit share is set at 60%, allowing traders to keep the majority of their earnings. This competitive profit-sharing structure rewards traders for their hard work and skill in the markets.

6). Scaling Plan :

Traders can also scale up their accounts, with a 25% increase each time they meet the profit targets. This increment will be compounding, meaning traders can grow their accounts at a much faster rate over time as they scale their account.

7). Profit Target for Scaling :

The profit target for scaling is set at 12%, and once traders achieve this, they will move to the next level in the scaling plan. As traders scale up, their account size grows, providing even greater opportunities to generate profits.

8). Max Drawdown Increase :

With each scaling increment, the Max Drawdown limit increases by 2%, giving traders more room to trade and take advantage of market opportunities without overly restricting their trading strategy.

Eligibility Criteria for the Prosperity Program

To be picked for the Prosperity Program, traders must meet the following criteria:

1). Reach Rank 4 or Above

Traders must achieve at least Rank 4 in PipFarm's Power-Ups program. This shows that the trader has consistently performed well over a period of time.

2). No Breached Funded Accounts

Traders must not have breached a funded account within the past three months. This ensures that only disciplined and responsible traders are eligible for the program.

3). Funding Over $100K

Traders must already have at least $100K in funding. This requirement ensures that participants are experienced in managing significant sums of money.

4). Scaled Account to Level 4 or Higher

To qualify, traders must have scaled one of their funded accounts to Level 4 or higher, proving their ability to trade successfully and grow their accounts.

Conclusion

The introduction of the PipFarm Prosperity Program is a big move by PipFarm for experienced traders. Now traders will not only be able to scale up their usual accounts and get benefits but also be able to trade with extra funding. With instant funding, a static drawdown structure, monthly salaries, and a scaling plan even on prosperity program clearly shows PipFarm’s focus on supporting skilled traders and offering them the tools to succeed in larger, more profitable markets.