PipFarm Surpasses $4 Million in Payouts and Launches Community Rewards
PipFarm Surpasses $4 Million in Payouts and Launches Community Rewards
PipFarm has officially crossed the milestone of $4 million paid to traders since its first payout in May 2024. This achievement follows a year of significant platform updates, including the launch of a new website, simplified rules, and the recent Pay With Profits promotion that lets traders open challenges with minimal upfront costs.
Automatic XP Rewards
As a gesture of appreciation to the community, the firm has automatically credited 4 XP to every registered trader's profile. The points are already available in user accounts and require no additional action to be claimed.
Limited-Time Milestone Offer
To celebrate this financial milestone, PipFarm has released an exclusive discount code for the purchase of new funding accounts.
Promotion Details
- Code: 4MILLION
- Discount: 55% off your next account.
- Additional Bonus: 4 XP included with the order.
- Deadline: Valid until Friday, June 19.
Trader Spotlights
The firm will begin highlighting the individual journeys of the traders who contributed to reaching this figure. According to the entity, this milestone is the result of thousands of individual processes and payout certificates representing the progress of its global community.
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PipFarm Introduces Bundle Discounts for Add-ons
PipFarm has introduced a new automatic discount system for purchasing add-ons on its funding accounts. Users who select three or more qualifying add-ons will receive a 20% discount on every qualifying item in their basket. The discount is applied automatically without requiring a specific coupon code. Furthermore, this bundle offer can be combined with promotional codes applied to the base account price. Restrictions and Exclusions Certain add-ons are excluded from this promotion and do not count toward the three-item requirement: Extended Time Limit. Payout intervals (Bi-weekly, Weekly, and On Demand).
PipFarm Announces Updates to Scaling, On-Demand Payouts, and New Retry Features
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.
PipFarm Restructures One-Phase Challenges and Launches 60% Discount
PipFarm has implemented significant changes to its evaluation offering, segmenting its one-phase challenges into three specific modalities designed for different risk and trading profiles. This update aims to clarify the rules for each model while maintaining the base pricing structure. New Evaluation Models The firm now offers three distinct variants for its single-phase accounts: Consistency: Requires a 9% profit target and maintains a 40% consistency rule. Endurance: The target is set at 10% and requires a minimum of 4 profitable days. Classic: Features a 12% target and a 3-day trading requirement. All models share an initial daily loss limit of 3%. Risk Management and Drawdown During checkout, traders can choose between two types of maximum loss limits: Static Max Loss: Starts at 6% and is fixed relative to the initial account balance. Trailing Max Loss: Starts at 8% and dynamically follows the balance as it increases. Both maximum loss limits are progressive and increase as the trader moves up the ranks within the firm. Customization and Launch Offer PipFarm now allows for the inclusion of up to six optional add-ons during the checkout process to customize the trading experience. Base prices for the challenges remain unchanged. To encourage the adoption of these new models, the firm has enabled the promotional code ONESTEP, which applies a 60% discount on all one-phase challenges.
