Trading with PipFarm can be a great opportunity, but knowing the rules is key to making the most of it. This guide will help you understand everything you need to know, from the trading platform to payout details and restrictions.

Trading Platform :-

Using cTrader Only

PipFarm uses only cTrader as its trading platform. This means you’ll need to get familiar with cTrader and use it for all your trading activities.

What to Know About cTrader

cTrader is known for its user-friendly interface and helpful features. However, remember that it’s the only platform PipFarm supports, so you should get comfortable with its tools and functions.

Prohibited Trading Strategies :-

Hedging between accounts

PipFarm doesn’t allow hedging between accounts, Hedging between accounts is a trading strategy where a trader uses more than one account to take opposite positions on the same financial asset.

Evaluation Passing Services

Services that help you pass trading evaluations or challenges are not allowed. These services often manipulate trading strategies, which can disrupt the fair trading environment.

High-Frequency Trading Bots

High-frequency trading bots, which execute many trades in a short time, are also not permitted. These bots can create market issues and don’t fit with PipFarm’s trading model.

Why These Strategies Are Not Allowed

These restrictions help ensure a fair trading environment and make it easier for PipFarm to manage trades and maintain system integrity.

Trading During News Events :-

Flexibility to Trade During News

You can trade during news events with PipFarm. There are no specific rules against it, so you can act on news as you see fit.

Risks and Responsibilities

Trading around news events can be risky due to market volatility. While you have the freedom to trade, managing these risks is your responsibility.

Holding Trades Overnight & Over the Weekend :-

Rules for Holding Trades

PipFarm allows you to hold trades overnight and over the weekend. This means you don’t have to close positions at the end of each trading day.

Effects of Swap Fees and Spreads

Be aware that your account isn’t swap-free, so you’ll incur swap fees for holding positions overnight. Additionally, spreads can be wider during the Asian session, which might affect your trading costs.

Stop-Loss Rule:-

Applying Stop-Loss

PipFarm doesn’t require you to use stop-loss orders, but it’s strongly recommended. Stop-loss orders help manage risk by automatically closing a trade if it reaches a certain loss level.

Why Stop-Loss is Important

Using stop-loss orders helps protect your trading capital and avoid large losses. It’s an essential tool for managing risk in any trading strategy.

Max Allocation per Trader :-

Capital Limits

Each trader can have up to $300,000 in their account. If you go over this limit, your account will be locked, and the challenge fee will be refunded.

What Happens if You Exceed the Limit

If you exceed the capital limit, you’ll need to contact PipFarm support to resolve the issue and get your challenge fee refunded. Staying within the limit is crucial to keep your account active.

Payout Frequency :-

When and How to Withdraw Funds

You can request your first payout after three trading days. After that, you can withdraw funds once every 14 days, allowing up to two withdrawals per month.

Limitations on Withdrawals

The twice-a-month withdrawal limit helps manage PipFarm’s liquidity and ensures fair access to funds for all traders.

Restricted Countries :-

List of Unsupported Countries

PipFarm does not support traders from Afghanistan, Central African Republic, Crimea, Iran, Libya, North Korea, Somalia, South Sudan, Sudan, Syria, the USA, and Yemen.

Impact on Traders from These Countries

If you live in one of these restricted countries, you won’t be able to trade with PipFarm. Make sure to check this list before trying to register.

Payment Methods :-

How to Withdraw Your Funds

PipFarm allows withdrawals via Rise, bank transfers, and cryptocurrencies. Choose the method that best suits your needs.

Options for Unsupported Countries

If Rise isn’t available in your country, you can use bank transfers or cryptocurrencies to receive your payouts.

Tradable Instruments :-

Forex

You can trade various currency pairs with PipFarm. Forex trading provides numerous opportunities to profit from currency movements.

Metals

Metals like gold and silver are also tradable. These can be good for diversifying your trading portfolio.

Energy

PipFarm offers trading in energy markets, including oil and natural gas. Energy assets can be quite volatile, providing both high risk and high reward.

Indices

You can trade indices, which represent the performance of a group of stocks. This can offer a way to invest in broader market trends.

Crypto

Cryptocurrency trading is available, giving you access to digital assets like Bitcoin and Ethereum. Cryptos are known for their high volatility and potential for significant returns.

Conclusion

Knowing the rules of trading with PipFarm is crucial for making the most of your trading experience. From using cTrader exclusively to understanding payout schedules and country restrictions, following these guidelines will help ensure a smooth and successful trading journey.