Season 01 · Completed
Rise of the Pipsters
The one that started it all. Our first free trading competition sold out every place: three weeks of trading simulated capital under real prop-firm risk limits, with $175,000 in funded accounts on the line.
Season 01 champion
Banjo
Highest return in a sold-out field. Winner of the $100,000 funded account.
The season
- Dates
- 30 March – 17 April 2026
- Entry
- Free — sold out
- Prize pool
- $175K in funded accounts
- Format
- $100K simulated capital, highest return wins
The prizes
- 1st place
- $100,000Funded account
- 2nd place
- $50,000Funded account
- 3rd place
- $25,000Funded account
Plus spot prizes throughout: free challenge accounts, discount codes, and Pipster merch.
How it was played
Every entrant started with $100,000 in simulated capital and traded live market conditions for three weeks. Real prop-firm rules applied: a 5% daily drawdown limit and a 10% maximum drawdown, with elimination for any breach. Traders were ranked by percentage return at the close, and one account per person was strictly enforced. The format proved out the series: every Pipster season since has run on the same foundations.
This competition has ended. See what's on now or browse all competitions.