Introduction
We occasionally apply temporary probationary measures to traders who require additional oversight or support.
Probation is not a punishment, it's a way to manage risk, protect the program, and help traders adjust their approach to realign with PipFarm’s long-term objectives. Before applying probation measures, we may request a performance review to gain a deeper understanding of your trading background and objectives.
Every case is different. The goal is to provide genuine traders with an opportunity to improve, correct mistakes, and continue growing with us. Measures are tailored to each situation and reviewed every 30 days.
What are probation measures
Depending on the situation, we may apply one or more of the following measures while a trader is on probation:
Cooling-off period
We may require traders to take a break (cool-off) before they can continue trading after breaching funded accounts or failing challenges.
Allocation cap
We may limit traders from holding more than one funded account at a time or limit the amount of simulated capital they can manage.
Restrict challenge purchases
We may restrict access to certain challenge types, sizes, or modes.
This can include restrictions on:
Account size
Challenge Mode
Challenge Format
Purchase frequency
Max lot restriction
We may reduce the maximum number of lots a trader can open at one time.
Reduce leverage
We may reduce the leverage available on a trader’s simulated funded account.
Max risk per trade idea
We may restrict traders from risking more than x% of their account balance on a single trade idea. The percentage will be determined during the performance review.
Max open risk
We may restrict traders from risking more than x% of their account balance at any given time with the max open risk feature. The percentage will be determined during the performance review.
FAQs
What happens if I don't follow a probation measure?
We apply fair and progressive enforcement. But repeated or intentional violations will be treated more seriously.
Will I be notified if a probation measure is applied?
Yes. If any restriction is added to your profile, you’ll be notified by email.
How long do probation measures last?
Probation measures are reviewed every 30 days. If your trading improves or the risk is no longer present, the measures may be lifted or adjusted.
Can I appeal a probation restriction?
Yes. If you believe a restriction was applied unfairly or if your situation has changed, you can submit a complaint.