Pipster Research · Firm profile
Every rule we have verified for Pipster's 4 programmes, each linked to the page it came from on pipster.io.
Pipster publishes this dataset. Its rows use the same method as every other firm: public pages only, checked on the date shown.
Platforms
“Match-Trader is the only trading platform currently available for all Pipster challenge and funded accounts.”
Pipster FAQVerified
15 of 15 rules verified from Pipster's own pages.
Baseline is equity at 22:00 UTC (New York rollover). Same limit once funded.
“At the start of each trading day (22:00 UTC, New York session rollover), we record your equity. That becomes your day’s baseline.”
Pipster FAQVerified
“No, there is no time limit. You have unlimited time to complete each challenge phase.”
Pipster FAQVerified
A day counts only if you trade and close it at least 0.5% up on the initial balance. Funded accounts need 5 such days before a payout.
“One Phase Challenge: 5 minimum trading days in the evaluation phase”
Pipster FAQVerified
“If you do not place a trade for 60 consecutive calendar days, your account will be considered inactive and may be terminated.”
Pipster FAQVerified
Bracketing (a buy stop and sell stop placed before a release) is banned on every account. Funded traders may hold and close positions through news.
“On Funded Accounts and Instant Funded Accounts, you cannot open a new position from 5 minutes before until 5 minutes after a high‑impact news release.”
Pipster FAQVerified
“Weekend holding Not permitted”
“You receive between 80‑90% of simulated profits, depending on your challenge configuration (default 80% unless otherwise specified).”
Pipster FAQVerified
The clock starts at the first executed trade on the funded account, not when the account is created. 5 minimum trading days also apply.
“Your first payout becomes eligible 14 calendar days after the first executed trade on that Funded Account.”
Pipster FAQVerified
“Subsequent payouts are available weekly based on that funded account’s performance.”
Pipster FAQVerified
The cap is per account and cumulative, not per payout. Reward, competition and free accounts above $1,000 are capped at 6%.
“Purchased accounts: 12% of the account’s starting balance”
Pipster FAQVerified
| Size | Price |
|---|---|
| 1K | $8.88 |
| 2.5K | $22 |
| 5K | $39 |
| 10K | $79 |
| 25K | $159 |
| 50K | $279 |
| 100K | $479 |
A refund is available within 14 days of purchase only if no trades have been placed.
“You may request a refund within 14 calendar days from your purchase date, provided you have not executed any trades on your Challenge Account”
Pipster FAQVerified
“A trader must not risk more than 50% of their permitted daily drawdown on any open position or combination of positions at any time.”
Pipster FAQVerified
“Any profitable trade that is opened and closed within 60 seconds is treated as high‑frequency activity”
Pipster FAQVerified
15 of 15 rules verified from Pipster's own pages.
“A two-stage evaluation: reach 8% in Phase 1, then 5% in Phase 2.”
Baseline is equity at 22:00 UTC (New York rollover). Same limit once funded.
“At the start of each trading day (22:00 UTC, New York session rollover), we record your equity. That becomes your day’s baseline.”
Pipster FAQVerified
“No, there is no time limit. You have unlimited time to complete each challenge phase.”
Pipster FAQVerified
A day counts only if you trade and close it at least 0.5% up on the initial balance. Funded accounts need 5 such days before a payout.
“Two Phase Challenge: 5 minimum trading days in Phase 1, 3 minimum trading days in Phase 2”
Pipster FAQVerified
“If you do not place a trade for 60 consecutive calendar days, your account will be considered inactive and may be terminated.”
Pipster FAQVerified
Bracketing (a buy stop and sell stop placed before a release) is banned on every account. Funded traders may hold and close positions through news.
“On Funded Accounts and Instant Funded Accounts, you cannot open a new position from 5 minutes before until 5 minutes after a high‑impact news release.”
Pipster FAQVerified
“Weekend holding Not permitted”
“You receive between 80‑90% of simulated profits, depending on your challenge configuration (default 80% unless otherwise specified).”
Pipster FAQVerified
The clock starts at the first executed trade on the funded account, not when the account is created. 5 minimum trading days also apply.
“Your first payout becomes eligible 14 calendar days after the first executed trade on that Funded Account.”
Pipster FAQVerified
“Subsequent payouts are available weekly based on that funded account’s performance.”
Pipster FAQVerified
The cap is per account and cumulative, not per payout. Reward, competition and free accounts above $1,000 are capped at 6%.
“Purchased accounts: 12% of the account’s starting balance”
Pipster FAQVerified
| Size | Price |
|---|---|
| 2.5K | $29 |
| 5K | $49 |
| 10K | $89 |
| 25K | $179 |
| 50K | $289 |
| 100K | $499 |
A refund is available within 14 days of purchase only if no trades have been placed.
“You may request a refund within 14 calendar days from your purchase date, provided you have not executed any trades on your Challenge Account”
Pipster FAQVerified
“A trader must not risk more than 50% of their permitted daily drawdown on any open position or combination of positions at any time.”
Pipster FAQVerified
“Any profitable trade that is opened and closed within 60 seconds is treated as high‑frequency activity”
Pipster FAQVerified
15 of 15 rules verified from Pipster's own pages.
Baseline is equity at 22:00 UTC (New York rollover).
“At the start of each trading day (22:00 UTC, New York session rollover), we record your equity. That becomes your day’s baseline.”
Pipster FAQVerified
The floor follows the equity high-water mark and stops rising once it reaches 96% of the starting balance.
“Once the breach line reaches 96% of your starting balance, it locks there permanently and becomes static.”
Pipster FAQVerified
“Start with a funded account immediately—there is no evaluation profit target.”
A day counts only if you trade and close it at least 0.5% up on the initial balance. Funded accounts need 5 such days before a payout.
“All Funded Accounts: 5 minimum trading days required before being eligible for a payout”
Pipster FAQVerified
“If you do not place a trade for 60 consecutive calendar days, your account will be considered inactive and may be terminated.”
Pipster FAQVerified
Existing positions may be held and closed through news.
“On Funded Accounts and Instant Funded Accounts, you cannot open a new position from 5 minutes before until 5 minutes after a high‑impact news release.”
Pipster FAQVerified
“once you become a Pipster Funded Trader (or purchase an Instant Funded Account), you must close all open positions before the market closes for the weekend.”
Pipster FAQVerified
“You receive between 80‑90% of simulated profits, depending on your challenge configuration (default 80% unless otherwise specified).”
Pipster FAQVerified
The clock starts at the first executed trade on the funded account, not when the account is created. 5 minimum trading days also apply.
“Your first payout becomes eligible 14 calendar days after the first executed trade on that Funded Account.”
Pipster FAQVerified
“Subsequent payouts are available weekly based on that funded account’s performance.”
Pipster FAQVerified
The cap is per account and cumulative, not per payout. Reward, competition and free accounts above $1,000 are capped at 6%.
“Purchased accounts: 12% of the account’s starting balance”
Pipster FAQVerified
| Size | Price |
|---|---|
| 1K | $44 |
| 2.5K | $99 |
| 5K | $199 |
| 10K | $429 |
| 25K | $949 |
| 50K | $1,899 |
| 100K | $2,799 |
A refund is available within 14 days of purchase only if no trades have been placed.
“You may request a refund within 14 calendar days from your purchase date, provided you have not executed any trades on your Challenge Account”
Pipster FAQVerified
“On Instant Funded accounts, you must not risk or lose more than 3% of your account balance on any single trade idea.”
Pipster FAQVerified
“A trader must not risk more than 50% of their permitted daily drawdown on any open position or combination of positions at any time.”
Pipster FAQVerified
“Any profitable trade that is opened and closed within 60 seconds is treated as high‑frequency activity”
Pipster FAQVerified
15 of 15 rules verified from Pipster's own pages.
“The optional $4.99 add-on reduces the evaluation target from 6% to 3%.”
“There is no daily drawdown limit during the Entry evaluation.”
The funded floor trails the high-water mark and locks at 96% of the starting balance.
“Maximum drawdown 6% trailing ; trailing floor locks at 96% of starting balance”
“No, there is no time limit. You have unlimited time to complete each challenge phase.”
Pipster FAQVerified
Funded accounts need 5 qualifying trading days before a payout.
“Minimum trading days 1”
“If you do not place a trade for 60 consecutive calendar days, your account will be considered inactive and may be terminated.”
Pipster FAQVerified
Bracketing (a buy stop and sell stop placed before a release) is banned on every account. Funded traders may hold and close positions through news.
“On Funded Accounts and Instant Funded Accounts, you cannot open a new position from 5 minutes before until 5 minutes after a high‑impact news release.”
Pipster FAQVerified
“Weekend holding Not permitted”
“You receive between 80‑90% of simulated profits, depending on your challenge configuration (default 80% unless otherwise specified).”
Pipster FAQVerified
The clock starts at the first executed trade on the funded account, not when the account is created. 5 minimum trading days also apply.
“Your first payout becomes eligible 14 calendar days after the first executed trade on that Funded Account.”
Pipster FAQVerified
“Subsequent payouts are available weekly based on that funded account’s performance.”
Pipster FAQVerified
The cap is per account and cumulative, not per payout. Reward, competition and free accounts above $1,000 are capped at 6%.
“Purchased accounts: 12% of the account’s starting balance”
Pipster FAQVerified
The activation fee ($43.99 to $539.99 by size) is due within 30 days of passing. Nothing more is owed if you do not pass.
“Pay $1.99 today, then pay the activation fee only after passing.”
| Size | Price | After passing |
|---|---|---|
| 5K | $1.99 | $43.99 |
| 10K | $1.99 | $88.99 |
| 25K | $1.99 | $178.99 |
| 50K | $1.99 | $314.99 |
| 100K | $1.99 | $539.99 |
A refund is available within 14 days of purchase only if no trades have been placed.
“You may request a refund within 14 calendar days from your purchase date, provided you have not executed any trades on your Challenge Account”
Pipster FAQVerified
“A trader must not risk more than 50% of their permitted daily drawdown on any open position or combination of positions at any time.”
Pipster FAQVerified
“Any profitable trade that is opened and closed within 60 seconds is treated as high‑frequency activity”
Pipster FAQVerified
Answers are generated from the verified values above, programme by programme, with the source and date each rests on.
One Phase Challenge: 4% of day-start equity. Two Phase Challenge: 5% of day-start equity. Instant Funded Account: 3% of day-start equity. Pipster Entry: None in the challenge; 3% once funded. Source: Pipster FAQ and Pipster Challenge Pricing & Rules, verified 28 September 2026.
One Phase Challenge: 8% static. Two Phase Challenge: 10% static. Instant Funded Account: 10% trailing, locks at 96% of starting balance. Pipster Entry: 6% static; 6% trailing once funded. Source: Pipster Challenge Pricing & Rules and Pipster FAQ, verified 28 September 2026.
One Phase Challenge: None. Two Phase Challenge: None. Instant Funded Account: None. Pipster Entry: None. Source: Pipster FAQ, verified 28 September 2026.
One Phase Challenge: Challenge: allowed. Funded: no new positions ±5 min. Two Phase Challenge: Challenge: allowed. Funded: no new positions ±5 min. Instant Funded Account: No new positions ±5 min. Pipster Entry: Challenge: allowed. Funded: no new positions ±5 min. Source: Pipster FAQ, verified 28 September 2026.
One Phase Challenge: Unlimited. Two Phase Challenge: Unlimited. Instant Funded Account: No evaluation. Pipster Entry: Unlimited. Source: Pipster FAQ and Pipster Challenge Pricing & Rules, verified 28 September 2026.
One Phase Challenge: 5. Two Phase Challenge: 5 then 3. Instant Funded Account: None to start; 5 before a payout. Pipster Entry: 1. Source: Pipster FAQ and Pipster Challenge Pricing & Rules, verified 28 September 2026.
One Phase Challenge: 14 days after the first funded trade. Two Phase Challenge: 14 days after the first funded trade. Instant Funded Account: 14 days after the first funded trade. Pipster Entry: 14 days after the first funded trade. Source: Pipster FAQ, verified 28 September 2026.
One Phase Challenge: 80%, up to 90% at the risk team's discretion. Two Phase Challenge: 80%, up to 90% at the risk team's discretion. Instant Funded Account: 80%, up to 90% at the risk team's discretion. Pipster Entry: 80%, up to 90% at the risk team's discretion. Source: Pipster FAQ, verified 28 September 2026.
One Phase Challenge: $8.88 to $479. Two Phase Challenge: $29 to $499. Instant Funded Account: $44 to $2,799. Pipster Entry: $1.99 upfront, plus an activation fee after passing. Source: Pipster Challenge Pricing & Rules, verified 28 September 2026.
Every page this profile draws on. We use Pipster's own website, help centre and terms only.
https://www.pipster.io/faq
https://www.pipster.io/challenge-rules
Pipster is a prop firm. We include our own programmes and hold them to the same method: public first-party pages only, checked on the date shown. We do not rank firms, and no firm pays to be included or to change its data. Read the methodology.
Pipster Research, "Pipster rules, payouts and costs", verified 28 September 2026. https://www.pipster.io/research/firms/pipster
Free to reuse under CC BY 4.0 with attribution.
Firms change rules often. Email support@pipster.io with the value and a link to the firm's own page. We check it at the source before updating.