PipFarm & Forex Prop Firm One-step Comparison

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Welcome to our comparison between PipFarm and Forex Prop Firm, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the one-step evaluations that both offer to traders from all across the globe.

Company Details

Company DetailsPipFarmForex Prop Firm
Incorporation dateJune 2023January 2022
CEOJames GlydeJonathan Dufresne
Office LocationSingaporeColorado, USA
Scaling Plan✅✅

PipFarm and Forex Prop Firm are two reputable and trustworthy proprietary trading firms. PipFarm was incorporated in June 2023 while being managed by their CEO, James Glyde. They have their offices located in Singapore. Forex Prop Firm, on the other hand, was incorporated in January 2022 while being managed by its CEO, Jonathan Dufresne. Additionally, their offices are located in Colorado, USA.

Funding Program Options

Funding Program OptionsPipFarmForex Prop Firm
One-step Evaluation✅✅
Two-step Evaluation✅✅
Three-step Evaluation❌✅
Instant Funding❌✅

PipFarm provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation and two one-step evaluations. Forex Prop Firm, on the other hand, allows its traders to choose between fourteen funding programs to acquire funding, four two-step evaluations, four one-step evaluations, three three-step evaluation and three instant funding programs.

One-step Comparison

Trading Rules/ObjectivesStatic EvaluationTrailing EvaluationOne-step ChallengeOne-step Pro ChallengeOne-step Bear ChallengeOne-step Bull Challenge
Profit Target12%12%10%20%6%10%
Maximum Daily Loss3%3%4%6%2%5%
Maximum Loss6%12% (Trailing)6%10%3%5%
Minimum Trading Days2, 3, 4, or 5 Profitable Days2, 3, 4, or 5 Profitable DaysNo Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading Period365 Calendar Days365 Calendar DaysUnlimitedUnlimitedUnlimitedUnlimited
Leverage1:30 (1:50 with XP Milestone)1:30 (1:50 with XP Milestone)1:301:301:301:30
Profit Split70% up to 95%70% up to 95%95%95%95%95%

After covering the trading objectives of each company’s one-step evaluations, let’s take a look at the account sizes and costs of these one-step evaluations.

Account SizeStatic EvaluationTrailing EvaluationOne-step ChallengeOne-step Pro ChallengeOne-step Bear ChallengeOne-step Bull Challenge
$5,000$60$60$71$69$114$114
$10,000$110$110$94$99$189$189
$20,000$210$210❌❌❌❌
$25,000❌❌$209$199$319$319
$50,000$350$350$319$299$479$479
$100,000$550$550$549$499$849 $849
$200,000$1,100$1,100$999$949$1,469$1,469
$300,000$1,550$1,550❌❌❌❌
$400,000$1,550❌$1,899$1,799$2,999$2,999

Brokers & Trading Platforms

Now that we have addressed the trading objectives, account sizes, and costs associated with PipFarm and Forex Prop Firm, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.

 PipFarmForex Prop Firm
BrokerTier-1 Liquidity Provider with Best Simulated Real Market Trading ConditionsTier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions
Trading PlatformcTraderMatch-Trader

Trading Instruments

Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with PipFarm and which with Forex Prop Firm.

Trading InstrumentPipFarmForex Prop Firm
Forex Pairs✅✅
Commodities✅✅
Indices✅✅
Cryptocurrencies✅✅

Community Feedback

The last topic we will cover is community feedback from PipFarm and Forex Prop Firm. The statistics are taken from the Trustpilot page of each of the mentioned companies.

Trustpilot StatisticsPipFarmForex Prop Firm
Rating4.6/53.1/5
Number of Reviews186995
5-Star Ratings88%65%

PipFarm has an excellent rating of 4.6/5. This is out of a total of 154 reviews, where 88% of them are rated as 5 stars. Forex Prop Firm, on the other hand, has an average rating of 3.1/5. However, this is out of a total of 995 reviews, where 65% of them are rated as 5 stars.

Conclusion

In conclusion, PipFarm and Forex Prop Firm are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. PipFarm has a two-step evaluation and two one-step evaluations, while Forex Prop Firm has four two-step evaluations, four one-step evaluations, three three-step evaluations, and three instant funding programs.

This concludes our comparison between PipFarm and Forex Prop Firm. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!

PipFarm 20% discount code: FOREXPROPREVIEWS

Forex Prop Firm 50% discount code: FOREXPROPREVIEWS

Our comparison between PipFarm and Forex Prop Firm was last updated on 04.02.2025 at 14:10 (CE(S)T).

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