Pipster · Free trading competition
14 – 25 September 2026
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The competition has ended. Muhammad B. finished top of the class to win the $100K account, with ten traders sharing the $199,000 prize pool.
Class is in session.
Standard registration is closed.
Trading ends in
$199K+
Total prizes
11 days
Competition window
Top 10
Traders win
170+
Countries eligible
Subject / Prizes
Your term report, if you make the top 10
Pipster — Term report · Autumn 2026
Student: You
- 1st$100K1-Phase Challenge AccountA+
- 2nd$50K1-Phase Challenge AccountA
- 3rd$25K1-Phase Challenge AccountA-
- 4th$10KChallenge AccountB+
- 5th$5KChallenge AccountB
- 6th$5KChallenge AccountB-
- 7th – 10th$1KChallenge Account eachC+
Teacher's comment
$199,000 in challenge accounts on the table. The register is now closed.
Total prize pool: $199,000 in challenge accounts.
Funded accounts unlocked from prize challenges carry a payout capacity of 6% of the starting account balance — the total you can receive in payout rewards from the account. See the FAQ below.
Subject / Risk
Simple rules. Clear limits.
5%
Daily drawdown
Your maximum loss in any single trading day is 5% of your account balance. Breach this and you are eliminated.
10%
Max drawdown
Your total account drawdown must not exceed 10% at any point during the competition.
1
Account per person
Strictly one account per trader. Multiple accounts will result in disqualification. No exceptions.
Prize eligibility — marked in red for a reason
To be eligible for a prize, you must have traded on a minimum of 5 separate calendar days during the competition period.
No single trade, or group of trades opened on the same calendar day, may account for more than 75% of your total net P&L for the competition period. Participants whose results are predominantly attributable to a single day’s activity will be ineligible for prizes.
Highest percentage return at the end of the competition period wins. All trading is simulated on demo accounts under live market conditions. Full rules and prohibited strategies are covered in our FAQ.
Subject / Enrolment
The competition is live.
Standard registration is closed.
Already entered? Sign in for account details. Otherwise, see the next free competition or start trading with a challenge today.
Subject / Faculty
Why traders choose Pipster
Built by people who’ve done this before
Our team comes from Morgan Stanley, UBS, RBC, and State Street. We’ve managed institutional capital, built trading infrastructure, and designed risk frameworks. This is not a side project - it’s what we do.
UK-registered and transparent
Pipster is operated by a UK-registered company based in London. We’re not anonymous, we’re not offshore, and we’re not going anywhere.
Traders from 170+ countries
Pipster is already used by traders across more than 170 countries. Join our Discord to meet the community and see what it looks like from the inside.
Why are we giving this away for free?
This competition is how we find traders worth funding. Every trader who proves themselves here is someone we want to back with real capital. We’re not selling you anything - we’re scouting you.
Subject / Questions
Asked at the front of class
Registration is closed.
Your next opportunity is waiting.