Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

FTMO FTMO
Pipcy Pipcy
FTMO 8.3 Get Started
Pipcy 5.3 Get Started
Overview
Asset Type CFD CFD
Country Czech Republic United Arab Emirates
Established Jan 2015 -
Technology Proprietary White-Label
Platforms cTrader, MT5, MT4 MT5, Pipcy Trading Platform
Trading Rules
Profit Split Up to 90% Up to 95% Best
Daily Drawdown Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital (2-Step) or 3% (1-Step) None. Pipcy publishes no daily loss limit on any challenge model, and no trailing drawdown; only the overall max loss applies (12% absolute on Classic, 250 pips on Pips Mastery).
Payout Frequency Bi-weekly (every 14 days) Every 7 calendar days
The first Reward Payment can be requested 14 calendar days after your first trade; after that, every 7 calendar days.
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Up to 90% of your simulated profits as a reward, accounts up to $200,000 FTMO Account, established 2015 with 3.5M+ customers worldwide, MT4 MT5 cTrader supported, 100% refund of initial fee on first reward (2-Step), Prague-based with $500M+ paid in rewards
  • No daily drawdown limit and no trailing drawdown on any challenge model, on both the Classic and Pips Mastery programmes. 12% absolute maximum loss on Pipcy Classic, one of the widest overall loss limits published in the sector. Reward Payments are processed within 48 hours and the profit split reaches up to 95% through a nine-level Growth Plan that scales a funded account to $3,000,000 with no scaling fees. News trading, overnight holding and weekend holding are all permitted on every Challenge and funded account. Entry prices start at $21 and a WELCOME50 code takes 50% off a first challenge; a free trial is available before purchase. MetaTrader 5 plus an in-house Pipcy Trading Platform, a Swap-Free option, and zero commission on cryptocurrencies, indices and commodities.
Main Drawbacks
  • All accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only; prices charged in EUR; 2-Step Verification phase required before reaching FTMO Account
  • Pipcy states plainly that it is not regulated by the FCA, ASIC or CySEC. The profit split STARTS at 50%: the advertised 95% is the ninth Growth Plan level, and each scale-up requires 25% accumulated profit left in the account plus at least 90 calendar days. No withdrawal method is published anywhere on the site: payouts are described only as going to your selected payment method. Pipcy's own blog comparison table says news trading is Not permitted on Pipcy Classic, contradicting its FAQ, its Terms of Service and its own pricing table, all of which say it is allowed. A trader may hold a maximum of three open positions in the same direction on the same asset, an account-ending rule that two TrustPilot reviewers say they only found after their challenge was closed. Only 1 funded account and 3 challenge accounts are permitted per trader, and fees are non-refundable once simulated trading starts. The TrustPilot profile carries only 42 reviews in total, so there is little long-run payout evidence, and no incorporation or launch date is published anywhere on the site.
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

FTMO Challenges

10 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79
EUR one-time 		$10K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$89
EUR one-time 		$10K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$199
EUR one-time 		$25K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$250
EUR one-time 		$25K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$319
EUR one-time 		$50K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$345
EUR one-time 		$50K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$540 $439
EUR one-time (popular tier, on sale) 		$100K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$499
EUR one-time (popular tier) 		$100K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$999
EUR one-time 		$200K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$1080
EUR one-time 		$200K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0

Pipcy Challenges

24 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$21 $2.5K 1 Step P1: 750 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$23 $2.5K 1 Step P1: 500 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$25 $2.5K 2 Steps P1: 12%
P2: 6%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P2: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
P2: 12%
 Up to 95% None
$31 $5K 1 Step P1: 750 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$34 $5K 1 Step P1: 500 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$36 $2.5K 1 Step P1: 18%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
 Up to 95% None
$45 $10K 1 Step P1: 750 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$49 $5K 2 Steps P1: 12%
P2: 6%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P2: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
P2: 12%
 Up to 95% None
$64 $5K 1 Step P1: 18%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
 Up to 95% None
$65 $10K 1 Step P1: 500 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$87 $10K 2 Steps P1: 12%
P2: 6%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P2: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
P2: 12%
 Up to 95% None
$109 $10K 1 Step P1: 18%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
 Up to 95% None
$109 $25K 1 Step P1: 750 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$119 $25K 1 Step P1: 500 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$182 $25K 2 Steps P1: 12%
P2: 6%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P2: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
P2: 12%
 Up to 95% None
$195 $50K 1 Step P1: 750 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$215 $25K 1 Step P1: 18%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
 Up to 95% None
$245 $50K 1 Step P1: 500 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$309 $50K 2 Steps P1: 12%
P2: 6%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P2: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
P2: 12%
 Up to 95% None
$349 $50K 1 Step P1: 18%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
 Up to 95% None
$415 $100K 1 Step P1: 750 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$445 $100K 1 Step P1: 500 Pips
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 250 Pips
 Up to 95% None
$569 $100K 2 Steps P1: 12%
P2: 6%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P2: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
P2: 12%
 Up to 95% None
$649 $100K 1 Step P1: 18%
 P1: -
No daily drawdown limit on any Pipcy challenge model
P1: 12%
 Up to 95% None
FTMO
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Pipcy
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