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James Wells

United Kingdom

1 Reviews
3 Reads
12 Useful

1 review

PipFarm

Nice but no thanks

It seems on the surface like this is a very attractive prop firm and I can only commend the CEO and his staff for the way they have done this, however this is designed to suck amateur traders in and spit them out. It is no surprise that the reviews are generally outstanding for this firm as their customer service is excellent and as I say, their challenges have some attractive terms. The key flaw with this firm however, is their extremely low leverage coupled with their high spreads/slippage (particularly on crypto). It makes it almost impossible to be consistently profitable with this firm. I have purchased a few challenges but this was just money down the drain. I learn and move on. **The response from pipfarm is typical rhetoric of a company designed to profit from unsuspecting traders. Decision making in trading means nothing if the right trading conditions aren't present. Please don't fall for this.

2024-09-16Helpful 12