How does Pip Master work?
When you trade with Pip Master, either on a challenge or a funded account, you are assigned a portion of our own capital so you can trade on Pip Master behalf (directly from our trading pool account). To facilitate this process, Pip Master provides each trader with a dedicated account on a 3rd party platform with access to superb market execution through our sophisticated proprietary technology.Traders are evaluated based on their performance, and successful traders receive the predefined profit split as long as they adhere to the maximum loss limit and our Terms and Conditions.
What markets can I trade with Pip Master?
With Pip Master , you will be able to trade various markets, including stocks, currencies, metals, energies, and cryptocurrencies.
What rules can get me disqualified?
You will be disqualified if you hit the maximum allowed loss (Max DD) or if you use a market manipulation trading technique such as latency arbitrage.
Can I trade from different IP addresses?
Yes, you can trade from different locations using multiple IP addresses with no
limitations.
Does Pip Master impose a consistency rule?
No, we believe that consistency rules are counterproductive, and traders should have the freedom and flexibility to trade different market conditions.
Is there a Daily Drawdown limit?
No, Pip Master funded accounts are not subject to a Daily Drawdown limit. Only Maximum Drawdown is applicable.
Can I use a trade copier?
Yes, we don’t have any restriction on copy-trading as long as the trades are not deemed of market manipulative techniques.
Can other Pip Master clients copy my own trades?
Yes, our internal copy trading system offers traders the opportunity to monetize their trading performance by charge subscription fees to other traders who choose to copy their trades.
How can I be featured on the Leaderboard?
Our copy-trade leaderboard is updated automatically reflecting the top traders based on their respective ROI. All you need to do is to start trading, have positive earnings and you will automatically be featured on the leaderboard with a full analysis on your account.
How can I scale my funded account up?
As soon as you achieve the minimum withdrawable profit threshold ($50), you can use your profit to scale up your funded account to the next plan and pay the price difference at a discounted rate.However, if you have excess profits than needed to pay the price difference, the remaining profit amount will be transferred to your new upscaled account and will be available for withdrawal.
Can I make multiple subsequent withdrawals, or do I have to wait?
There are not limitations on the withdrawals, you can withdraw any profited amount above $50 anytime with no waiting period.
Why is Pip Masters considered cost & time efficient?
Unlike classic prop firms, taking our challenge is optional. You do not need to go through challenge phases to prove yourself. You can immediately start trading and receiving payouts from day one.
What’s the minimum amount for withdrawals?
The minimum amount allowed to be withdrawn is as low as $50.
How soon will I get my payout?
You can request payout on demand, we will process your payout within 24 hours, or we will pay you 10% extra, up to $1000.
Is AutoTrading allowed?
Yes, you can use your own AutoTrading Robot (EA) or any third-party AutoTrading Software on your account as long as it doesn’t use any manipulation technique such as latency arbitrage HFT or other methods that are deemed to be abusive by our Liquidity Providers.