Pipster · Free trading competition
14 – 25 September 2026
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Ten traders win 1-phase challenge accounts worth up to $100K. Free to enter. No card required.
No card required. No purchase necessary. One account per person.
First bell rings 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. Shows great promise — must enrol.
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. A qualifying day is one on which at least one trade was opened and held for a minimum of 10 minutes.
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
Three steps. Sixty seconds.
Create your free account
Sign up at pipster.io. No card details, no deposit, nothing to pay. Just your name and email.
Enrol in the competition
Log in to your dashboard, go to Competitions, and click Enrol. Your demo credentials arrive by email before 14 September.
Trade and climb the leaderboard
Competition runs 14 – 25 September. Highest percentage return wins. Winners announced within 7 days of close.
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
$199,000 in challenge accounts.
Free entry. First bell rings 14 September.
Nothing to lose. For ten traders, a real challenge account to gain.
No card required. No deposit. Strictly one account per person.