Pipcy

Pipcy is a proprietary trading firm selling simulated-account evaluations on MetaTrader 5 and its own in-house Pipcy Trading Platform. It runs two programme families. Pipcy Classic is a dollar-balance evaluation sold as a One-Step (18% profit target) or Two-Step (12% then 6%) challenge with a 12% absolute maximum loss, across account sizes from $2,500 to $100,000. Pips Mastery is a pip-based evaluation the firm markets as an industry first: performance is scored in net pips with a fixed lot size tied to the balance, a 250-pip maximum loss, and a target of 500 pips (X2) or 750 pips (X3), on 28 Forex pairs only. Neither programme has a daily drawdown limit, a trailing drawdown or a time limit, and all four models require a minimum of 3 trading days. The profit split starts at 50% and scales to 95% across nine Growth Plan levels, each unlocked by 25% accumulated profit held for at least 90 calendar days, scaling a funded account as far as $3,000,000. The first Reward Payment can be requested 14 calendar days after the first trade with at least 5% realized profit and at least 5 Active Trading Days, then every 7 calendar days, with a $100 minimum and processing within 48 hours. The contracting entity for customers outside the UAE is Conquest Services Limited, incorporated in the United Arab Emirates, with the MT5 environment operated by Pipcy Ltd. of Saint Lucia and payments settled by Rogano Limited HE 429729 of Cyprus. Pipcy states that it is not regulated by the FCA, ASIC or CySEC. The leadership named on its About page is Omer Ben Matityahu (CEO & Founder), Snir Achiel (Risk Management & Consulting) and Vladimir Ribakov (Head of PIPCY Academy).