Pipcy

News Trading

News trading is allowed across all Pipcy challenges, including during high-impact economic releases, provided that prohibited strategies such as arbitrage or high-frequency trading are not used.

Traders may request a payout from their funded account once the payout eligibility requirements have been met.

When Is the First Payout Available?

The first payout becomes available 14 calendar days after the first trade on the funded account, provided that all payout requirements have been met.

First Payout Requirements

Realized profit must be at least 5% of the account size.

Traders must complete at least 5 active trading days .

All open positions must be closed before submitting a payout request.

The payout request is subject to a compliance review to verify adherence to the firm's trading rules and policies.

Payout Frequency

After the first payout has been completed, a new payout may be requested every 7 calendar days , provided that the payout requirements continue to be met.

Minimum Payout

The minimum payout request is $100 after applying the profit split for the account's level.

Payout Processing

Pipcy states that payout requests are processed within 48 hours of submission, once the requirements have been met and the review has been completed.

Profit Split

For Pipcy Classic, the profit split starts at 80% at the first level, then increases through the following levels:

80% › 80% › 85% › 85% › 90% › 90% › 95% › 95% › 100%

To qualify for the next scaling level, traders must achieve 25% accumulated profit and retain it in the account, while maintaining the account for at least 90 calendar days . Once the scale-up is approved, the account balance increases by 50% and the profit split increases according to the scaling level.

Important Note

Upon meeting the scaling requirements, traders may either withdraw their profits and continue with their current account or reinvest those profits to move to the next scaling level. Choosing a payout starts a new scaling cycle and does not remove eligibility for future scale-ups.

Pipcy does not publish a fixed maximum risk percentage per trade, but it prohibits over-leveraging and excessive exposure.

• Martingale and anti-martingale strategies are prohibited.
• Grid trading is prohibited.
• A maximum of 3 open positions in the same direction on the same instrument is allowed.
• On Pips Mastery accounts, the lot size is determined by the account size.

Pipcy prohibits trading practices it considers inconsistent with normal trading or exploitative of the simulated trading environment.

• Exploiting pricing errors or delayed price updates, including latency trading, is prohibited.
• Using external or delayed price feeds to exploit differences in price-update timing is prohibited.
• Group trading or coordinating trades across linked accounts for manipulation, including systematically opening opposing positions, is prohibited.
• High-frequency trading, or using software, automated systems or artificial intelligence to exploit the system or gain an unfair advantage, is prohibited.
• All forms of arbitrage are prohibited.
• Strategies designed to secure the execution of pending orders during periods of low liquidity are prohibited.
• Over-leveraging, excessive exposure and one-sided bets are prohibited.
• Martingale and anti-martingale strategies are prohibited.
• Grid trading is prohibited.
• Tick scalping is prohibited.
• Account rolling is prohibited.
• Copy trading is prohibited unless Pipcy has granted prior approval.
• Allowing another person to trade the account or using third-party account management is prohibited.
• Trading or managing other people's accounts is prohibited.
• Significantly changing position sizes in a way that is inconsistent with the trader's usual trading pattern is prohibited.
• Abnormal changes in the number of trades relative to the trader's usual pattern are prohibited.
• Excessive margin usage or a trading approach the firm considers excessively risky is prohibited.
• Opening a trade within two hours before a market closure lasting at least two hours, with the aim of exploiting market gaps, is prohibited.
• Circumventing the evaluation process, such as achieving a substantial portion of the profit target through extremely high risk and then placing small trades solely to meet the minimum trading days, is prohibited.

Hedging within the same account is allowed. Hedging across separate Pipcy accounts, or between Pipcy and other firms, is not allowed.

The following Pipcy risk rules require particular attention:

• A maximum of 3 open positions in the same direction on the same instrument is allowed.
• Opening a fourth position in the same direction may be treated as a breach of the anti-martingale rule and result in account termination.

Pipcy also reserves the right to review a trading approach if it considers that:
• Position sizes or risk levels are excessive.
• Exposure to a single instrument or direction is unacceptably high.
• Position sizes or the number of trades differ significantly from the trader's previous trading pattern.
• The strategy relies on features of the simulated environment and cannot reasonably be replicated in real market conditions.
• The trading approach presents an unacceptable commercial risk in the firm's assessment.

In these cases, the firm may restrict trading, adjust certain account parameters where permitted by the agreement, or suspend or terminate the account. Immediate action may be taken when necessary to protect the platform.

Funded Account Notice:
Funded account rules differ from evaluation rules and are governed by a separate Pipcy Account Agreement.
Pipcy funded MT5 accounts are also subject to a maximum floating loss per position (Position Loss Limit), as well as a requirement to close all open positions at the end of each Reference Period. Full details are set out in the funded account agreement.

Pipcy allows positions to be held overnight and over the weekend on challenge accounts. Swap charges or credits apply depending on the instrument.

Important Notice: Opening a new trade within two hours before a market closure lasting at least two hours is prohibited under the rules on trading market-closure gaps.

Funded account rules are governed by a separate Pipcy Account Agreement and may include additional conditions.

Pipcy does not allow copy trading without prior approval from the firm.

• Copying trades between a trader's own accounts is not automatically permitted; prior approval from Pipcy is required.
• Allowing any other person, whether an individual or a professional, to access the challenge account or trade on the account holder's behalf is prohibited.
• Trading other people's accounts, providing account management services or passing challenges on behalf of others is prohibited.
• Coordinating trades across linked accounts for manipulation, including systematically opening opposing positions, is prohibited.
• Pipcy does not currently publish a specific list of permitted or prohibited trade copiers or VPS services. Obtain confirmation from the firm before using a trade-copying system.

Note: These rules are published for challenge accounts. Funded accounts are governed by a separate Pipcy Account Agreement and may have additional restrictions on copy trading and account management.

Pipcy does not currently publish a rule prohibiting normal IP address changes or the use of multiple devices, nor does it announce a blanket ban on VPS use.

• Country of residence, nationality and location details provided to Pipcy must be accurate.
• Using a VPN, proxy or any other method to misrepresent your location or circumvent geographical restrictions is prohibited.
• Circumventing geographical restrictions may result in account and service termination without a refund.
• Only one registration is permitted per client. Multiple registrations or inaccurate details may result in service termination.
• Sharing the account or allowing someone else to access it or trade on the account holder's behalf is prohibited.

Note: The published general terms do not currently expressly prohibit changing devices, normal IP address changes or VPS use in itself, provided these are not used to conceal the actual location or share the account with a third party.

Pipcy's current challenges have no maximum completion period once trading has started.

• If the challenge is not started or activated within 35 calendar days of purchase, account access may be suspended.
• Access may be reactivated by contacting Pipcy, subject to the terms in effect at the time of the request.
• Pipcy does not currently publish a specific inactivity period that leads to termination of a challenge on which trading has already started.

Note: Funded account rules are governed by a separate Pipcy Account Agreement and may include additional conditions.

Pipcy allows traders to hold more than one active challenge account at a time. It does not currently publish a fixed numerical limit on the total number of challenges or the total capital a trader may hold across all accounts.

• Only one Client Area registration is allowed per person. Multiple registrations may result in service termination.
• Multiple active challenge accounts may be held under the same registration.
• Pipcy reserves the right to limit the number of accounts or orders sold to a client when necessary, without publishing a universal fixed cap.
• There is currently no publicly published general policy confirming whether funded accounts can be merged.
• Classic accounts are eligible for the scaling plan. Eligible accounts can grow according to their starting size, up to $3,000,000 on the highest published growth path.
• Pips Mastery scales the funded lot size rather than increasing the account balance in the same way as Classic.

Note: The $3,000,000 figure is the highest published scaling limit for an eligible Classic account, not a published cap on the trader's total funding across all accounts.

Pipcy funded accounts are subject to additional rules that differ from the evaluation rules.

• Funded MT5 accounts have a maximum floating loss limit per position (Position Loss Limit).
• The Position Loss Limit is 4% of the account's initial balance. This rule does not apply during the evaluation.
• All open positions must be closed at the end of each Reference Period, as specified in the funded account agreement.
• Evaluation rules do not automatically constitute the complete funded account rules. Funded accounts are governed by a separate Pipcy Account Agreement.

Example: On a $100,000 funded account, the floating loss on a single position must not exceed $4,000.

Notice: The duration of the Reference Period and the other funded account conditions are defined in the Pipcy Account Agreement provided after passing the evaluation.

Pipcy does not impose a blanket ban on Expert Advisors or automated trading systems, but they must not be used in a way that breaches trading rules or creates an unfair advantage.

• Using software, artificial intelligence or automated systems to manipulate or exploit the firm's platform is prohibited.
• High-frequency trading (HFT), ultra-high-speed methods and mass data-entry techniques used to gain an unfair advantage are prohibited.
• Any EA using arbitrage, latency trading, grid trading, martingale, anti-martingale, tick scalping or another prohibited strategy remains in breach of the rules.
• An automated system that copies another trader's or account's trades is subject to the copy-trading rules and requires prior approval from Pipcy.

Note: Pipcy does not currently publish a separate list of permitted or prohibited EAs. Any automated system must remain compliant with all published trading rules.

Pipcy allows trading during high-impact economic news across all challenge models, including macroeconomic releases, global events, corporate reports and earnings announcements.

• The current rules do not specify a restricted trading window before or after a news release.
• Opening or closing a trade during a news event is not, in itself, a violation.
• Arbitrage, HFT, latency trading and all other prohibited strategies remain prohibited during news events.

Note: This rule is officially confirmed for challenge accounts. Funded accounts are governed by a separate Pipcy Account Agreement and may have additional conditions.

Pipcy does not require KYC verification before starting a challenge. Verification begins after the evaluation stages have been passed and before the account and reward procedures are completed.

• The account holder must complete KYC personally. Verification by another person is not allowed.
• Valid government-issued identification, such as a national ID card, passport or driving licence, is accepted.
• Expired documents are not accepted.
• After submitting the documents, the trader must provide their full name and address and sign the agreement.
• Verification usually takes 48 to 72 hours.
• Pipcy may request additional documents or a video interview for Enhanced Due Diligence (EDD).
• Only one Client Area registration is permitted per client. Multiple registrations or inaccurate information may result in service termination.
• Using a VPN, proxy, false documents or inaccurate information to conceal the actual country or bypass geographical restrictions is prohibited.

Pipcy allows hedging within the same challenge account, including holding opposing positions on the same instrument within that account.

• Hedging between two separate Pipcy accounts is prohibited.
• Hedging between a Pipcy account and an account at another prop firm is prohibited.
• Coordinating trades across linked accounts, or opening opposing positions between them to manipulate trading or distribute risk across accounts, is prohibited.

Note: This rule is confirmed for challenge accounts. Funded accounts are governed by a separate Pipcy Account Agreement and may have additional conditions.

Pipcy does not state that every trade must have a stop loss, nor does it publish a fixed minimum holding time.

• A stop loss is not stated as a mandatory requirement in the current challenge rules.
• No minimum trade holding time is published.
• No general prohibition on ordinary scalping is published.
• Tick scalping is prohibited.
• High-frequency trading (HFT), ultra-high-speed systems and any method that exploits execution speed, pricing errors or delayed prices are prohibited.
• Very short trades must not form a pattern that the firm considers exploitative of the system or inconsistent with normal trading.

Note: The absence of a published minimum holding time does not permit tick scalping or HFT; these practices remain expressly prohibited.

The instruments available at Pipcy vary by program.

Classic Accounts:
• Forex: major and minor currency pairs.
• Indices: global indices such as the S&P 500, NASDAQ and DAX.
• Metals and commodities: including gold, silver and oil.
• Cryptocurrencies: including BTC, ETH and other cryptocurrencies available on the platform.

Pips Mastery X2 and X3 Accounts:
• Forex trading only.
• 28 forex pairs are available.
• Metals, gold, indices, commodities and cryptocurrencies are not available.

Platform:
Classic and Pips Mastery accounts use MetaTrader 5 (MT5).

Note: The symbol list may vary according to the trading platform's configuration. Pipcy does not currently publish a detailed public list of all symbols or the trading hours for each instrument.

If a trader fails a challenge by breaching a rule, the challenge account is closed and the evaluation ends. A new challenge may be purchased at any time.

• Pipcy does not announce a general free retry after a failed challenge.
• The firm mentions a reset offer, but its pricing, conditions and eligibility are not fully detailed in the current general rules.
• A refund of the challenge fee may be requested within 7 days of registration only if no trades have been placed.
• Once trading starts, the challenge fee is non-refundable, in full or in part.
• Passing the challenge does not entitle the trader to a refund of the purchase fee.
• If the challenge is not started or activated within 35 calendar days, account access is suspended. Access may be requested again by contacting the firm.
• Serious violations or prohibited practices may result in account termination without a refund.
• An unjustified payment dispute or chargeback may result in service suspension and refusal of future services.

Note: Reset conditions and prices may vary by offer and account type. Review the available offer when requesting a reset.

Pipcy does not currently publish a numerical consistency rule limiting the share of profits attributable to the best trading day or the largest winning trade.

• No best-day rule or fixed consistency percentage, such as 20% or 30%, is published.
• The first payout requires at least 5% realized profit.
• At least 5 active trading days must be completed before payout eligibility.
• No positions may remain open when a payout request is submitted.
• Eligible payout requests are generally processed within 48 hours.

Note: The funded account is governed by a separate Pipcy Account Agreement, which may include additional risk and reward conditions.

All current Pipcy challenges require a minimum of 3 trading days.

• The 3-day requirement applies to Classic and Pips Mastery.
• The published rules do not require these trading days to be profitable days.
• There is no maximum time limit for passing the challenge.
• Pipcy does not currently publish a separate detailed definition of a trading day in terms of trade count or holding time.

Unlike Classic, Pips Mastery measures performance in pips rather than dollar profit or loss. During the challenge, the lot size is fixed according to the account size.

• Mastery X2: 500-pip profit target.
• Mastery X3: 750-pip profit target.
• Maximum loss for both models: 250 pips.
• No daily drawdown limit.
• Forex trading only.

Fixed Lot Sizes During the Challenge:
• 2.5K — 0.05 lots
• 5K — 0.10 lots
• 10K — 0.20 lots
• 25K — 0.50 lots
• 50K — 1.00 lot
• 100K — 2.00 lots

Traders cannot choose their lot size during the challenge or increase or decrease it from the size assigned to the account.

After Funding:
The lot size may increase as the funded account progresses through its levels. Pipcy lists the following limits:
• 2.5K — up to 0.40 lots
• 5K — up to 0.80 lots
• 10K — up to 1.60 lots
• 25K — up to 4 lots
• 50K — up to 8 lots
• 100K — up to 16 lots

Note: X2 and X3 use the same fixed lot sizes. Their main difference is the pip target.

Pipcy Classic allows traders to choose their lot size. The firm does not currently publish a fixed maximum lot size for each account size.

• Over-leveraging and excessive exposure must be avoided.
• Position sizes or trades the firm considers one-sided betting or excessive risk are prohibited.
• A maximum of 3 open positions in the same direction on the same instrument is allowed.
• Opening a fourth position in the same direction on the same instrument may result in an account breach.
• Pipcy does not currently publish a general limit on the total number of open lots on Classic accounts.

Note: The freedom to choose lot sizes on Classic accounts does not override the firm's published rules on over-leveraging, excessive exposure and risk management.

Errors or technical problems may affect the platform, account data or service execution. Pipcy requires these to be reported as soon as they are discovered.

• Notify support immediately if an error is found in account data, trades or service features.
• Support can be contacted through live chat or the official email address.
• Technical issues affecting a trade must be reported no later than 3 weeks after they occur.
• Pipcy reserves the right to correct errors or discrepancies in account or service data in accordance with its terms.
• The firm does not guarantee that its services will always be free of errors, interruptions or delays.

Tip: If a technical issue affects a trade, retain screenshots, the account number, the trade time and trade details, and contact support immediately.