The worst deception in terms of the prop company.
Completely exhausted by this company. Just burned out as a trader. I tried my hand as a trader in famous prop companies. But I saw an advertise from pipfarm. Where there were the best conditions on the market. Despite the fact that the maximum drawdown was not 10 percent, like most props, but 9. And the target in the second phase was one percent higher than most props. I liked the idea that the minimum drawdown on the balance is 3 percent per day. Then I thought How good. The prop company cares that the trader conducts high-quality trading and helps the trader to be in the risk zone. But when I went through two phases. Risk management wrote me a letter. That the conditions officially stated on the website will be changed for me personally. If I want to get a funded account. And these conditions turned out to be the worst on the prop company market. I spent more than one month to prove to pipfarm that I am worthy as a trader to trade in their company. But, as soon as it came to the funded account according to their official conditions stated on the website. They immediately set me new unofficial conditions. If I want a funded account and trade in their company. The maximum risk per transaction simultaneously for all pairs with USD became not 3 percent for all pairs, but only one. And they also cut the leverage from 1:30 to 1:10. And that was only the beginning. They gave me an account with a standard leverage of 1:30. And it turned out that I myself should calculate the leverage and not violate the new unofficial rules. Although the formula was not provided to me. I started looking for information on the Internet. Am I the only one like that. It turned out that they stopped paying many successful traders under various pretexts. And my motivation to trade in this prop company completely disappeared. For the sake of the official conditions on the website, I switched from another prop company to this one, and did not get what I paid money and my time for. This is a fact. I fulfilled all the conditions. The transactions were several hours long. There were no more than ten of them per day. I did nothing at all that I should have been limited in trading with a smaller leverage, risk and pairs. But pipfarm did it in such a way that it became the worst conditions in prop companies. And they did it themselves. I did not ask them. At first, I passed the tests according to the rules that are on the site. But as soon as I proved that I can trade successfully, the conditions worsened sharply. And as it turned out from the reviews, this has become a normal practice lately... This is a warning to all those who want to trade in this prop company.