Trading Challenges & Instant Funding The Professional Choice.

Access instant funding and prop trading challenges with institutional-grade technology, coaching, and market analysis

~1h
Avg. payout time
170+
Countries served
24/7
Human support
Disciplined trader
The Pipster team
Morgan Stanley
RBC
UBS
MUFG
State Street

London-based Prop Trading Firm for Ambitious Funded Traders.

We're a London-based team of analysts, traders, engineers, and quants building a focused platform for traders who take evaluations seriously.

The goal is simple: deliver institutional-grade risk management, insight, and clear market analysis, without the noise. Transparent rules, fast payouts, and a platform built for disciplined execution.

  • Real-time risk, performance, and payout tracking for your funded accounts
  • Built for transparency, fairness, and trader trust at every stage of evaluation and funding
  • Market insights and playbooks from professional analysts to support consistent execution
  • Data-driven features to sharpen your edge and keep your trading disciplined over time

Choose your challenge

Clear rules, measured risk, and predictable payouts. Start earning rewards.

Get Funded

Pick your challenge or get funded instantly and start earning rewards.

Selected size: $25,000
TRACK
1 - Phase
ACCOUNT SIZE
$25,000
FEE
$215
PRICE
$215
  • Clear rules, no gimmicks
  • Live risk management
  • Get paid. On time. Every time

Rules at a Glance

PROFIT TARGET
Single phase: 10% ($2,500)
MIN TRADING DAYS
5 days
MAX DAILY LOSS
4% ($1,000)
MAX OVERALL LOSS
8% ($2,000)
LIVE ACCOUNT - MAX DAILY LOSS
4% ($1,000)
LIVE ACCOUNT - MAX OVERALL LOSS
8% ($2,000)
NEWS TRADING
Permitted
WEEKEND HOLDING
Allowed (Not permitted when funded)
FIRST PAYOUT
14 Days
PROFIT SPLIT
80%

Frequently asked questions

A quick peek at the most asked questions. See the full FAQ for details.

Pipster is a proprietary trading firm for traders who want to treat trading like a real profession, refining their edge, becoming consistently profitable, and working toward full‑time trading with firm capital and professional‑level resources.
Pipster is for retail traders at any level who want to improve, prove they can be consistently profitable, and open the door to full‑time professional trading.
“Up to $200k” refers to the maximum total simulated funded account size you can hold with Pipster at any one time. This is currently capped at two funded accounts, for example two separate $100k accounts. “Up to 90% profit split” refers to the highest share of simulated trading profits that can be paid out to you as performance‑based rewards. The standard rate is 80%, however the Pipster risk team may, at their discretion, increase an individual trader’s profit split from 80% up to 90%. The size of your funded (simulated) account(s) and the profit split you receive depends on which programme you choose and how far you progress. Not all traders will reach the maximum funding level or the highest profit split.
Yes, we work with selected affiliates and partners. Affiliates must follow our marketing guidelines, which prohibit misleading claims, unapproved financial promotions, or positioning Pipster as a gambling product. We may suspend or terminate affiliate accounts, or close referred trader accounts, where promotions are non‑compliant or misleading. See the “Partners” page on our website for further details.
We accept the following payment methods: Card Payments: Visa and Mastercard debit and credit cards. Payments are processed securely and confirmed instantly. Apple Pay: Pay instantly using Apple Pay on supported devices (iPhone, iPad, Mac with Safari). Just tap the Apple Pay button at checkout. Cryptocurrency: We accept a range of major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), USDT (TRC20, ERC20, BEP20), USDC (ERC20, Solana), Litecoin (LTC), Solana (SOL), and BNB. When you select crypto at checkout, you will be shown a deposit address and QR code. Payments are confirmed automatically once the blockchain transaction is verified. All prices are displayed in USD. Crypto payments are converted at the current market rate at the time of payment.
Our evaluation process operates entirely in a simulated trading environment. We offer three challenge types: One Phase Challenge: Complete a single evaluation phase with 10% target profit, 4% daily drawdown limit, 8% maximum drawdown (static), 5 minimum trading days, and a 90-day time limit. Two Phase Challenge: Phase 1: 8% target profit, 5% daily drawdown, 10% maximum drawdown (static), 5 minimum trading days, 90-day time limit Phase 2: 5% target profit, 5% daily drawdown, 10% maximum drawdown, 3 minimum trading days, 90-day time limit Funded Account (Instant): Bypass evaluation phases and start with a funded account featuring 3% daily drawdown, 10% maximum drawdown (trailing).