PipFarm has shared the key takeaways from its recent August Roundup, detailing significant changes to its funding programs and new features requested by the community. These updates focus on improving operational flexibility and rewarding trader growth.
Scaling and Time Limit Updates
One of the most important modifications affects the account time limit. From now on, the 360-day account time limit resets every time a trader successfully scales their account. This change is effective immediately and applies to all accounts within the firm, allowing for greater longevity in long-term strategies.
New Features for "Pay with Profits"
Specific changes have been introduced for users of the "Pay with Profits" modality to speed up access to capital:
First Payout on Demand
Traders no longer need to wait for the standard time interval to request their first payout (which typically covers the initial fee). This option is available for accounts purchased on or after August 27. The process is currently handled manually, but the firm has confirmed it will be automated shortly.
Upcoming Feature: Free Retry
PipFarm has announced that a free retry option will be available soon. Traders who pass a challenge on a very high-risk tier will have the option to decline the funded account and receive a free retry of the same challenge once. By choosing this option, the original pass is forfeited in exchange for a new attempt to seek better conditions.
Scaling Program and Giveaways
During the briefing, the team delved into the metrics behind the Sustainable Scaling Program, showcasing the data that supports this growth model. Additionally, the distribution of 40 prizes randomly assigned to event attendees was completed, with those accounts currently being issued.
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