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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.

All evaluation and funded-account activity takes place in a simulated trading environment. We offer four product types: One Phase Challenge: Complete a single evaluation phase with a 10% profit target, 4% daily drawdown limit, 8% maximum drawdown (static), 5 minimum trading days, and unlimited time to complete. Two Phase Challenge: Phase 1: 8% profit target, 5% daily drawdown, 10% maximum drawdown (static), 5 minimum trading days, unlimited time. Phase 2: 5% profit target, 5% daily drawdown, 10% maximum drawdown (static), 3 minimum trading days, unlimited time. Instant Funded Account: Bypass evaluation phases and start with a simulated funded account featuring a 3% daily drawdown and 10% maximum drawdown (trailing). Pipster Entry: Pay $1.99 to start a challenge with a 6% profit target, 6% static maximum drawdown, no daily loss limit, no consistency rule, and no time limit. An optional $4.99 add-on reduces the target to 3%. If you pass, you have 30 calendar days to pay the activation fee disclosed at checkout for your selected account size. The simulated funded account has a 3% daily loss limit and 6% trailing drawdown that locks at 96% of the starting balance.

No. There is no activation fee after passing a standard One Phase or Two Phase Challenge. Instant Funded is paid for upfront. A separate post-pass activation fee applies only to the product named Pipster Entry. If you pass a Pipster Entry challenge and want its simulated funded account created, you have 30 calendar days to pay the account-size activation fee disclosed before checkout. No activation fee is due if you do not pass Pipster Entry.

You have access to 100+ instruments across five asset classes: Forex (50 pairs): All major, minor, and exotic pairs including EUR/USD, GBP/JPY, USD/ZAR, and more. Indices (10): US500, US30, US100, GER30, UK100, JAP225, AUS200, and more. Commodities (12): Gold (XAU/USD), Silver (XAG/USD), Brent Oil, WTI, Natural Gas, Coffee, Cocoa, Copper, and more. Crypto (22): Bitcoin, Ethereum, Solana, XRP, Cardano, Litecoin, Dogecoin, Chainlink, and more. Metals & Other (8): Aluminium, Zinc, Platinum, Palladium, and European indices (FRA40, ITA40, SPA35, SUI20). All instruments are available on the Match-Trader platform with competitive spreads and up to 100x leverage on forex pairs.

Loss limits vary by challenge type and carry through to your funded account. One Phase Challenge (and when funded): • Daily drawdown: 4% • Maximum drawdown: 8% (static) Two Phase Challenge (and when funded): • Daily drawdown: 5% • Maximum drawdown: 10% (static) Instant Funded Account: • Daily drawdown: 3% • Maximum drawdown: 10% (trailing, locks at 96% threshold) Static vs Trailing: • Static — calculated from your starting balance and never changes • Trailing — follows your highest equity in real time until it reaches the threshold, then locks in place Example (Trailing on a $100,000 Instant Funded account): Trailing drawdown is 10%, so your initial limit is $90,000. If your equity rises to $110,000, the limit moves up to $99,000 (10% below the new high). However, the 96% threshold means the limit can never rise above $96,000. Once it hits $96,000, it locks there permanently — even if your equity keeps climbing. You may also hear this called your drawdown buffer or cushion. It is the remaining distance, shown in dollars and as a percentage of equity, between your current equity and the closest breach level. It is not extra loss allowance; it shows how much room remains before a drawdown breach. Breaching either the daily or maximum drawdown limit results in evaluation failure or funded account termination.

Your first payout becomes eligible 14 calendar days after the first executed trade on that Funded Account. The clock does not start when the account is created, provisioned, or activated. If no funded trade has executed, the 14‑day clock has not started. Subsequent payouts are available weekly based on that funded account’s performance. Minimum Requirements: • Complete the minimum trading days (5 days by default, unless configured otherwise) • Maintain positive simulated profit • Comply with all challenge rules and risk limits • Meet the minimum payout amount ($100 for most challenges, unless specified otherwise) Profit Split: You receive between 80‑90% of simulated profits, depending on your challenge configuration (default 80% unless otherwise specified). An increase to 90% may be granted to traders who demonstrate consistent profitability and is applied at the discretion of the risk team on an ad‑hoc basis, following an account review with the trader. Each account also has a payout capacity — see “Is there a limit on how much I can withdraw?” for details. Account-specific eligibility is determined by Pipster’s systems and support team.