Pipcy Rules

Pipcy's plans state a maximum drawdown of 12% of the account size (drawdown type: static), across 12 plans. A consistency rule applies: no profit-based consistency percentage found; the terms prohibit positions noticeably larger than your other trades. News trading is permitted.

Pipcy's plans state a maximum drawdown of 12% of the account size (drawdown type: static), across 12 plans.

A daily loss limit figure is not recorded in the plan details we hold. The firm may still set one, so check its rules page rather than assuming there is none.

Dollar amounts are the published percentage applied to the account size.

In Pipcy's words

Plan figures: “Max Loss 12% Target 18% Min Trading Days 3 Profit Split Up to 100%” pipcy.com/…/classic

A consistency rule caps how much of your total profit a single trading day may account for. Here is what Pipcy states.

In Pipcy's words

Consistency rule: “Opening positions with sizes that are noticeably larger than those of the Customer's other trades, whether on this account or another one of theirs, is prohibited.” pipcy.com/…/terms-of-service

In Pipcy's words

Minimum trading days: “Minimum Trading Days: The Customer must trade for a minimum number of days depending on the selected plan:” pipcy.com/…/terms-of-service

Time limit: “Maximum Trading Days Requirement: No time limit for any current challenge models.” pipcy.com/…/terms-of-service

In Pipcy's words

News trading: “News trading is permitted at Pipcy across all Challenge and Funded Accounts, provided all trading activity complies with the Trading Rules.” pipcy.com/…/faq

Expert advisors and automated trading: “The use of any software, artificial intelligence, ultra-high speed, high-frequency trading, or mass data entry that could manipulate or abuse the Company's systems or services, or provide an unfair advantage, is prohibited for the Customer.” pipcy.com/…/terms-of-service

Copy trading: “You may copy trades from your own external account, including accounts with another broker or prop firm, provided you own both accounts and follow all Pipcy Trading Rules.” pipcy.com/…/faq

Hedging: “While multiple hedged positions are permissible within a single Pipcy Account, cross-account hedging within Pipcy or with other firms is not allowed.” pipcy.com/…/terms-of-service

Martingale and grid strategies: “Prohibited practices include Martingale strategies, grid trading, latency arbitrage, platform exploitation, High-Frequency Trading, any strategy exploiting system delays or pricing errors, and any activity intended to manipulate the evaluation process.” pipcy.com/…/faq

High-frequency and latency arbitrage: “The Customer must not intentionally or unintentionally use trading strategies that exploit errors in the Services, such as inaccuracies in displayed prices or delays in their updates, including but not limited to practices commonly known as Latency Trading.” pipcy.com/…/terms-of-service

In Pipcy's words

Weekend holding: “Gap trading around a market closure is prohibited, including by opening a position two (2) hours or less before a relevant financial market closes for two (2) hours or longer.” pipcy.com/…/terms-of-service

Overnight holding: “is subject to additional and different parameters, including a maximum single-position floating loss and an obligation to close all open positions at the end of each Reference Period.” pipcy.com/…/terms-of-service

Growth Plan with nine levels: on Pipcy Classic, reaching 25% accumulated profit kept in the account and holding the account at least 90 calendar days qualifies for a free Scale Up that raises the balance by 50%, with the profit split rising from 80% to 100%; on Pips Mastery every 700 accumulated pips raises the fixed lot size by 50%.

In Pipcy's words

Scaling plan: “To qualify for each Scale Up, you must reach 25% accumulated profit, keep those profits in your trading account, and maintain the account for at least 90 calendar days.” pipcy.com/…/growth

Largest account size: “Account sizes range from $2,500 to $100,000.” pipcy.com/…/faq

Maximum allocation: “Grow your funded account up to $3,000,000.” pipcy.com/…/growth

In Pipcy's words

Maximum number of accounts: “You may hold up to 3 active Challenge Accounts at the same time and up to 1 Funded Account at any given time, per trader, regardless of Challenge type or platform.” pipcy.com/…/faq

Account sharing: “is prohibited from participating in or collaborating to have a third party execute trades for the Customer, whether such third party is a private individual or a professional, or to permit access to or trading on their Challenge Account by any third party.” pipcy.com/…/terms-of-service

Inactivity: “If the Customer does not activate the Challenge within 35 calendar days, access will be suspended.” pipcy.com/…/terms-of-service

These were not stated on the pages of Pipcy's site we read. They may be published somewhere we did not look, which makes them the questions to put to its support desk before paying.