From your first trade to your first payout.
Every phase, and what changes between them.
Pipstone Funded is a trading-skill evaluation programme. All trading takes place on simulated accounts using live market data. No real capital is allocated and no trade reaches a real market.
Full disclosure
Traders who pass receive performance rewards, paid from Pipstone Funded's own funds, of up to 100% of their simulated profits.
- 0
Free trial
Optional. Shows you the engine; it can never fund.
- 1
Evaluation
Hit the target without touching a loss limit.
- 2
Funded
Passing is passing. We never re-score a pass.
- 3
Paid
First payout at 14 days, then every 14.
Payout floor: The days other than your best must add up to 1.0% of your starting balance before your first payout, 1.5% before your second, and 2.0% from your third on. It is never a breach: if it isn't met yet, keep trading.
| Rule | Free trial | One-Phase | Two-Phase |
|---|---|---|---|
| Fee | free | from $49includes taxes | from $37includes taxes |
| Account size | $25,000 | $5K · $10K · $25K | $5K · $10K · $25K · $50K · $100K |
| Profit target | 10%halts at +3% | 10% | 8% then 5% |
| Daily loss | 3% | 3% | 5% |
| Max loss | 6% static | 6% static | 10% static |
| Minimum holdper trade: closing inside it is refused, never a breach. A take profit set inside it waits until the 30 seconds have passed, then fills at its price on the next touch. A stop loss, stop-out or forced close is never held. | 30 seconds | 30 seconds | 30 seconds |
| Minimum trading days | none | none | 3 in totalnot per phase |
| Consistency rule on the evaluation | none | none | none |
| Time limit | 14 days | nonecloses after 30 days with no trading; email at day 23 | none |
| Leverage | 1:100 | true 1:100 | true 1:100 |
| Can it fund? | never | yes | yes, after both hurdles |
A fail tells you why
Your verdict names the rule that ended it, the date, and the trade or moment that triggered it.
Fail on a bad day?
Your second run is 30% off, offered automatically on your verdict and valid 14 days. $34 · $55 · $125.
If you pass while we are at capacity
You wait no more than 14 days for your funded account. We publish the number rather than a queue position, because a queue position is not a promise.
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One email to when evaluations open. Nothing else.
One email when sales open. Nothing else.
Pipstone Funded is a trading-skill evaluation programme. All trading takes place on simulated accounts using live market data. No real capital is allocated and no trade reaches a real market.