Pipstone Capital
High Risk
D
Safety Grade
1.8
TrustPilot
444
Reviews
50%
Verified
Verification Checklist 5/10
Company established 2+ years
Est. 2025
TrustPilot rating above 4.0
1.8/5.0
TrustPilot profile active (not suspended)
Active
500+ TrustPilot reviews
444 reviews
CEO / founder publicly known
Unknown
Has active trading challenges
14 challenges listed
Multiple trading platforms supported
2 platform(s)
Safety grade B+ or higher
D
Active deals / transparent pricing
1 active deal(s)
PFM Score above 5.0
5.4/10
TrustPilot Analysis
Rating
1.8/5.0
Reviews
444
Industry Average
4/5.0
vs. Average
Below
Verified against TrustPilot on 2 Sep 2026
View on TrustPilotTrust Timeline
Pipstone Capital updated profit split
profit split changed
Up to 100% changed to
80% base (up to 100% via paid add-on)
Sep 6, 2026
Pipstone Capital TrustPilot rating dropped
TrustPilot rating dropped from 2 to 1.8/5 (444 reviews)
2 changed to
1.8
Sep 2, 2026
Pipstone Capital: new 15% off deal (code TRADER15)
15% off first order on 2-Step Challenges with code TRADER15 (a separate BOGO code, INDBOGO, also runs on Instant-model challenges)
Aug 26, 2026
Pipstone Capital TrustPilot rating dropped
TrustPilot rating dropped from 2.2 to 2/5 (472 reviews)
2.2 changed to
2
Aug 26, 2026
Pipstone Capital PFM Score decreased to 4.6
Score decreased from 5.5 to 4.6
5.5 changed to
4.6
Aug 2, 2026
Company Details
Founded
2025
CEO / Founder
Unknown
Profit Split
80% base (up to 100% via paid add-on)
Payout Frequency
Varies by model (Bi-weekly 1-Step, Weekly 2-Step, On Demand Instant)
Platforms
cTrader, MT5
Challenges
14 listed
PFM Score
5.4/10
Active Deals
1 deal(s)
Pipstone Capital Safety FAQ
Which safety checks does Pipstone Capital fail?
Pipstone Capital clears 5 of our 10 checks (50% verified). It falls short on company established 2+ years, TrustPilot rating above 4.0, 500+ TrustPilot reviews, CEO / founder publicly known and safety grade B+ or higher. Each of those is listed with the value we found in the verification section above.
What are safer alternatives to Pipstone Capital?
Firms in the same market that score higher on our safety checks: FTMO (grade A+), The5ers (grade A+) and FundedNext (grade A+). Each has its own trust report on PropFirmMap so you can compare the checks side by side.
Is Pipstone Capital safer than the average prop firm?
Pipstone Capital scores 2.5 out of 10 on our trust score, against an industry average of 4.9 across every firm we track. That puts it 2.4 points below the average, so treat it more carefully than a typical listing.
What does Pipstone Capital's D safety grade mean?
The D grade is our summary of how Pipstone Capital performed against the checks on this page, 5 of which it passes. We label that band high risk. The grade moves whenever one of those underlying facts changes.
When was Pipstone Capital founded?
2025, so Pipstone Capital has 1 full year of trading history. Longevity is one of the checks on this page: we pass firms that have traded for at least two years.
What is Pipstone Capital's review record?
Pipstone Capital rates 1.8 out of 5 on TrustPilot across 444 reviews, verified against TrustPilot on 2 September 2026. The average across the firms we track is 4 out of 5. We check both the score and the review count, because a high rating on a handful of reviews proves little.
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Trust Score
2.5
/10
D
High Risk
Industry avg: 4.9/10
Check Another Firm
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