Pipster

Pipster is a London-based prop trading firm built by traders with professional experience in bank prop desks and quantitative teams. It offers simulated trading challenges and funded-account pathways, supported by institutional-grade technology, clear trading rules, and analysis from market professionals. The company says it serves traders in more than 170 countries and provides round-the-clock support.

Customers can choose one-phase or two-phase evaluations, an instant-funded simulated account, or Pipster Entry, a lower-cost challenge with its own terms. Account options range from $1,000 to $100,000. Participants can trade more than 100 instruments, including forex, gold, indices, cryptocurrencies, and commodities, with leverage of up to 100x. Traders who meet the applicable requirements may receive a simulated funded account and keep 80% of eligible rewards. Pipster also includes Pip, an AI trading coach in the dashboard that reviews a user’s trading history and highlights patterns and rule breaches; it does not provide market calls or trade advice. Challenges and funded activity take place in a simulated environment, with rules and fees varying by product.