Pipfarm, a platform which is getting popular day by day and being liked by many traders in prop firm space has launched their new trading account size, Traders can now buy trading challenge of as much as $300k in funding, 

PipFarm a prop firm based in Singapore run under the legal name ECI Ventures Pte. Ltd. and registration Number 202329954C , has joined the prop firm space on 25 March 2024 and led by a seasoned trader CEO James Glyde .  

Benefits of having a bigger account size :-

When it comes to trading, how much capital a trader has makes a huge impact in returns, with bigger capital traders can make higher profits, 

if we look at it in percentage, if a trader has a $10k funded account and they make a 2% profit in a day, that counts as just 200$ and on the other hand if a trader has a $300k funded account then the same 2% profit will result in a $6000. 

Scaling plan :-

For the $300k Trading challenge, PipFarm also provides a fairly simple scaling plan which can increase the account size up to $900k and PipFarm also provides a power up system in which if you are rank 5, the scaling plan will increase up to $1.5 million.. 

Eligibility criteria for scaling plan : 

To be eligible to scale a trading account, Traders must have to make at least 12% profit and withdraw it and their account must be at least 30 days and that's it.

How does scaling plan work : Each month, when a trader makes 12% profit, the account size increases by 50% and it will keep increasing at the rate of 50% up until the traders are at rank 4 in their power ups program and when a trader reaches Rank 5, the scaling plan reaches to it's maximum level and as a perk trader gets 100% scaling increment. In simple terms, the allocated capital provided by PipFarm will be increased at 100% instead of the usual 50%. Which means traders can get a total of $1.5 million funding after reaching rank 5.

This is how it would look in calculation :- 

Level 1 (Starting balance) - $300,000

Level 2 scaling - $150,000 (50% Increase)

Level 3 scaling - $150,000 (50% Increase)

Level 4 scaling - $150,000 (50% Increase)

Level 5 scaling - $150,000 (50% Increase)

Total Scaled up balance : $900,000

after reaching Rank 5, the all the scaled up funds will be increase by 100%, which will look something like this :-

Level 1 (Starting balance) - $300,000

Level 2 scaling - $300,000 (100% Increase)

Level 3 scaling - $300,000 (100% Increase)

Level 4 scaling - $300,000 (100% Increase)

Level 5 scaling - $300,000 (100% Increase)

Total scaled up balance : $1,500,000

Bonus benefit :-

There is also a bonus discount code RETRY15 offered alongside the $300k funding Challenge, Traders can get a 15% discount and also with this discount, if a trader breaches their account due to daily loss limit hit, then PipFarm will give the traders a FREE RETRY.

(Traders must keep in mind that this offer is valid only till 30th of September.)