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PipFarm Sparks Backlash Over Privacy Demands

The prop trading community is buzzing after a trader revealed an unexpected email from PipFarm’s Risk Team, sparking accusations of overreach and privacy violations.

According to a post shared on X (Twitter) by user @stoictrader08, PipFarm allegedly asked a trader—who had already passed both Phase 1 and Phase 2 of their challenge-to submit a screen recording of his FundingPips dashboard.

The email, which the trader shared publicly, specifically requested:

  • Trading history from the four most recent accounts
  • The timezone displayed on the dashboard

This request came after the trader had earned a funded account, leading to frustration and public accusations that PipFarm was dragging out the process with unnecessary hurdles.

“Straight-Up BS,” Says Trader

In his post, @stoictrader08 didn’t hold back:

“Let’s talk about the disgusting truth behind PipFarm. They asked my friend to send a screen recording of his FundingPips account just to get the live funded account he EARNED… When the time came to finally get the account, what do they do? They pulled some shady BS and demanded more from him. Straight-up dishonesty and manipulation.”

The tweet quickly gained traction, with many traders chiming in to criticize PipFarm’s approach. Comments ranged from disbelief to anger, with several questioning whether proprietary trading firms should be allowed to demand data from competitors’ platforms.

PipFarm’s Terms vs. Trader Privacy

PipFarm’s terms and conditions (clause 8.3) do allow them to request trading statements or documentation from previous or current firms. From their perspective, such verification is meant to ensure transparency and prevent system abuse.

But for many traders, being forced to reveal trading history from another firm-along with details like trade size, frequency, and strategies-feels invasive. In a competitive industry where strategies are closely guarded, the request raised eyebrows across the board.

The Bigger Picture

This controversy taps into a growing conversation about cross‑firm transparency versus trader privacy. How much access should prop firms demand, and where is the line between due diligence and overreach?

For now, one thing is clear: PipFarm’s email has put them in the spotlight, sparking gossip, outrage, and a renewed debate about trust in the prop trading world.

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