Data read 11 Nov 2026 158 prop firms · 10,748 terms · 11 exchanges

Forex prop firmpipstonecapital.com29 facts stated on its pagesread 11 Nov 2026

Pipstone Capital rules

What share does Pipstone Capital give you?

80%

of profit is your share, in its own words.

Read · help.pipstonecapital.com · Link to this fact

No plan price we could use, and no pass or payout rate.

  • Facts in Pipstone Capital's own words
  • No rating, ranking or recommendation
  • Data page: no affiliate links
80%profit split it states: 80%Read 11 Nov 2026 · help.pipstonecapital.com
Weeklywhen you can ask for a payout, our shorthand of its wordsRead 11 Nov 2026 · help.pipstonecapital.com
29 of 30terms its pages state, of those we look forRead 11 Nov 2026 · what the record shows

Where Pipstone Capital sits among 80 forex firms

Profit split at forex firms

74 of 80 state a split · Pipstone Capital is joint 23rd highest

Pipstone Capital states no $100K price, so this chart shows the profit split.

  • Pipstone Capital
  • publishes a payout rate
  • publishes a pass rate only
  • market median

$100K challenge prices in every market

every market

Forex, 45 firms: cheapest The5ers $149, median $524, dearest The Concept Trading $5,000.

Futures, 25 firms: cheapest TradeDay $108, median $248 (our arithmetic), dearest Phidias $900.

Crypto, 18 firms: cheapest Crypto Fund Trader $199, median $540.25, dearest Vanta Trading $1,099.

Pipstone Capital is drawn in its own colour. Each dot is one firm's cheapest $100K test.

Where Pipstone Capital sits among other firms

select a dot to open that firm

Profit split (your share)74 of 80 firms state one · median: our arithmetic
median 80% 80% · 44 firms
joint 23rd highest of 74 our arithmetic

Dots: each firm's own figure. Pipstone Capital is the dot in its own colour. Ranks and the median split are our arithmetic. A firm missing from a row doesn't state that figure on the pages we read.

Plans and prices

Pipstone Capital's plans and prices

read 11 Nov 2026

Pipstone Capital: forex plans as its own pages state them, read 11 November 2026
PlanPrice shownStepsProfit targetDaily lossMax lossMin daysSplit
Instant 5K 5% ($250)12% ($600), static 80% (up to 100% with add-on bundle); up to 100% with add-ons
2-Step 100K 2-step8% phase 1, 5% phase 25%12%3 per phase 80%

Prices as shown on 11 November 2026; promotions change often. Press a value to open the firm's page; its exact words are in the tooltip.

How many Pipstone Capital accounts can you have?

Accounts at once
multiple accounts allowed, incl. trade copying between own accounts (no account cap stated); scaling up to $400K simulated capital
Sourcehelp.pipstonecapital.comPipstone Capital allows traders to operate multiple accounts and to use trade-copying software between their accounts. · help.pipstonecapital.com, read

The limit as Pipstone Capital's own page states it; the short answer is our reading of those words (judged).

Pipstone Capital payout rules

Profit split
80% (up to 100% with add-on bundle); up to 100% with add-ons
Sourcehelp.pipstonecapital.comProfit Split: 80% in your favor … Add-ons include— 100% Reward Split, Weekly Rewards, Free Account Reset. · help.pipstonecapital.com, pipstonecapital.com, read
Payout schedule
bi-weekly (weekly with add-on)
Sourcehelp.pipstonecapital.comPayout: Bi-weekly · help.pipstonecapital.com, read
Payout methods
bank transfer, crypto, other supported methods (USD)
Sourcehelp.pipstonecapital.comPaid in USD via bank transfer, crypto, or other supported methods. · help.pipstonecapital.com, read
Pass and payout rates (the firm's own figures)
$1M+ in rewards; 25K+ traders (firm's own claim)
Sourcepipstonecapital.com25K+ Pipstone Traders $1M+ In Rewards · pipstonecapital.com, read
Payout minimum

Pipstone Capital trading rules: drawdown, news and more

Drawdown
static
Sourcepipstonecapital.comDrawdown Type Static · pipstonecapital.com, read
Consistency rule
none
Sourcepipstonecapital.comNo Consistency Rules · pipstonecapital.com, read
News trading
allowed
Sourcepipstonecapital.comNews Trading Allowed · pipstonecapital.com, read
Holding over the weekend
allowed on all models; no auto-close before weekends
Sourcehelp.pipstonecapital.comYes — weekend holding and news trading are allowed across all models. … No auto-close before weekends. · help.pipstonecapital.com, read
Maximum leverage
1:100 (2-Step, Instant); 1:50 (1-Step)
Sourcehelp.pipstonecapital.comLeverage : 1:100 · help.pipstonecapital.com, read
Platforms
MT5, cTrader
Sourcepipstonecapital.comMT5 & cTrader Platform · pipstonecapital.com, read
Broker or liquidity provider
not named+1 more
In fullhelp.pipstonecapital.comnot named; says it works with regulated brokerage partners and top-tier liquidity providerswe work with regulated brokerage partners to ensure your trades are executed securely. · help.pipstonecapital.com, read

What you can trade and how

The big words are our short reading of Pipstone Capital's own words; tap Source to read them. "Not stated" means its pages don't say. It does not mean banned.

What you can trade

You can trade

  • Indices
  • Currencies
  • Crypto
  • Metals
Forex (majors, minors, exotics), indices, metals, crypto
Sourcehelp.pipstonecapital.comForex (major, minor, and exotic currency pairs) l Indices (US30, NAS100, SPX500, etc.) l Metals (Gold, Silver) l Cryptocurrencies (BTCUSD, ETHUSD, etc.) · help.pipstonecapital.com, read
  • Bots and EAs Has limits
    EAs and bots only with human-like logic
    In fullpipstonecapital.comAllowed with limits: EAs and bots only with human-like logic; scalping, latency arbitrage, grid or rapid-fire EAs not allowedAutomated systems, Expert Advisors (EAs), or bots are permitted only if they operate with human-like logic, such as risk management or strategy automation that mirrors realistic manual decision-making. Strategies designed for scalping, latency arbitrage, grid trading, or any form of rapid-fire trade execution are not allowed. · pipstonecapital.com, read
  • Copy trading and trade copiers Has limits
    only between accounts the same trader owns
    In fullhelp.pipstonecapital.comAllowed with limits: only between accounts the same trader owns (Pipstone account as master); copying between different people prohibitedTraders are allowed to use copy trading with their own accounts , whether those accounts are with Pipstone Capital , other prop firms, or retail brokers—provided that all connected accounts are solely owned by the same individual . … If it is determined that copy trading is occurring between accounts owned by different individuals , Pipstone Capital reserves the right to terminate all accounts involved. · help.pipstonecapital.com, read
  • Scalping Has limits
    Not allowed for automated strategies
    In fullpipstonecapital.comNot allowed for automated strategies (EAs designed for scalping or rapid-fire execution); terms also list high-frequency strategies as toxic; manual scalping not otherwise addressedStrategies designed for scalping, latency arbitrage, grid trading, or any form of rapid-fire trade execution are not allowed. … High-frequency or latency-based strategies · pipstonecapital.com, read
  • Hedging Has limits
    Not allowed: simultaneous buy and sell on the same instrument and cross-account hedging are hard breaches
    Sourcehelp.pipstonecapital.comOpening simultaneous buy and sell positions on the same instrument, or coordinating offsetting exposure across multiple related accounts, is strictly prohibited. · help.pipstonecapital.com, read
  • Martingale and grid Allowed
    martingale allowed
    Sourcepipstonecapital.comMartingale Trading allowed · pipstonecapital.com, read
  • Holding overnight Allowed
    In fullhelp.pipstonecapital.comAllowed (1-Step, 2-Step and Instant accounts)overnight trade holding is fully allowed on: 1-Step Challenge Accounts 2-Step Challenge Accounts Instant Funded Accounts · help.pipstonecapital.com, read
  • Time limit to pass No time limit
    In fullhelp.pipstonecapital.comno time limitNo Time Limit : Take as long as you need · help.pipstonecapital.com, read

Fees

Activation fee
none (stated: no activation fees)
Sourcehelp.pipstonecapital.comNo — your only cost is the challenge fee. No monthly subscription. No payout processing fees. No activation fees. · help.pipstonecapital.com, read
Reset fee
optional reset at a discounted fee (price not stated)
Sourcehelp.pipstonecapital.comYou can buy a reset and try again. Resets are optional and available at a discounted fee. · help.pipstonecapital.com, read
Fee refund
fee refund on first reward+2 more
In fullpipstonecapital.comfee refund on first reward (challenge page); terms say all payments non-refundable; terms: all payments non-refundableFee Refund on First Reward … All payments made are non-refundable. · pipstonecapital.com, pipstonecapital.com, read
Ways to pay for a challenge
Card, crypto, local gateways
In fullhelp.pipstonecapital.comCard (Visa, Mastercard, Amex), crypto (BTC, USDT, ETH, LTC, TRX, SOL), local gatewaysDebit/Credit Cards (Visa, MasterCard, American Express) - Crypto (Bitcoin, USDT, Ethereum, Litecoin, Tronix, SOL) - Other local or international gateways based on your location · help.pipstonecapital.com, read

Does Pipstone Capital accept traders from your country?

Allowed54

  • Argentina
  • Australia
  • Austria
  • Bangladesh
  • Belgium
  • Brazil
  • Canada
  • Chile
  • China
  • Colombia
  • Czechia
  • Egypt
  • France
  • Germany
  • Ghana
  • Greece
  • Hong Kong
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Japan
  • Kenya
  • Malaysia
  • Mexico
  • Morocco
  • Nepal
  • Netherlands
  • New Zealand
  • Nigeria
  • Pakistan
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Romania
  • Saudi Arabia
  • Singapore
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • Sweden
  • Switzerland
  • Taiwan
  • Tanzania
  • Thailand
  • Türkiye
  • Uganda
  • United Arab Emirates
  • United Kingdom
  • United States
  • Vietnam

From Pipstone Capital's own pages. Not a promise or a view on legality: ID checks, payout providers and local law still apply. How we checked.

Its country list
Afghanistan, Central African Rep., Congo, Cuba, Guinea, Haiti, Iran…
In fullpipstonecapital.comAfghanistan, Central African Rep., Congo (Brazzaville), Cuba, Guinea, Haiti, Iran, Iraq, Libya, Mali, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Ukraine*, Venezuela, YemenAfghanistan Afghanistan AF AF Central African Rep Central African Rep CAF CAF Congo (Brazzaville) · pipstonecapital.com, read
United States
Takes US traders
In fullhelp.pipstonecapital.comyes (open to traders worldwide; US not on restricted list)Our programs are open to traders worldwide, provided they meet the minimum age requirement of 18 years and comply with our terms and conditions. · help.pipstonecapital.com, read

The company

Company
Pipstone Capital Ltd+1 more
In fullpipstonecapital.comPipstone Capital Ltd (Saint Lucia company no. 2026-00232); office in Limassol, CyprusPipstone Capital Ltd, a Saint Lucia Corporation with company number 2026-00232 with its registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia · pipstonecapital.com, read
Where it is based
Saint Lucia (registered); operates from Limassol, Cyprus
Sourcepipstonecapital.comPipstone Capital Ltd. is a limited liability company incorporated under the laws of Saint Lucia, and operates from its physical office at Christaki Kranou 46, Office 9, Potamos Germasogeias, 4046, Limassol, Cyprus. · pipstonecapital.com, read
Regulatory status, as the firm states it
states it is not a broker and does not require regulation+1 more
In fullhelp.pipstonecapital.comstates it is not a broker and does not require regulation; works with regulated brokerage partnersWhile Pipstone is not a broker and does not require regulation, we work with regulated brokerage partners to ensure your trades are executed securely. · help.pipstonecapital.com, read

Is Pipstone Capital legit? What the record shows

We don't rate firms or give a verdict on any firm. What we can show is how much Pipstone Capital puts in writing: its own pages state 29 of the 30 terms we look for (read 11 November 2026).

Publishes its own pass or payout rates
Yes
Names the company behind it
Pipstone Capital Ltd
Publishes a country list
Yes

What this can't show: whether any one trader got paid. We don't collect traders' payout reports, so weigh reviews elsewhere with care. The count is mechanical, not a recommendation.

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