My opinion is that
@thepipfarm's Pay With Profits (PWP) model is attractive for traders who have skill but don't want to pay a large challenge fee upfront.
Instead of paying the full evaluation cost, you pay a small admission fee and the remaining fee is deducted from your first payout if you become profitable.
What makes it appealing and more interesting ?
🔹Lower upfront cost: Easier for traders with limited capital to start.
🔹Risk-conscious traders are rewarded: Traders who maintain lower risk during the challenge can qualify for higher profit splits (up to 90%) and lower PWP fees.
🔹The model offers relatively generous drawdown limits during evaluation compared with many traditional prop challenges.
🔹One-time fee deduction: The PWP fee is only taken from the first payout; afterward, payouts are made according to your profit share with no further PWP deductions.
Things traders should consider:
🔹Your first payout can feel smaller than expected because the PWP fee is deducted before profit sharing is calculated.
🔹The model heavily rewards disciplined risk management. Aggressive traders can end up with lower profit splits and higher fees.
🔹Like with any prop firm, you should carefully read payout rules, scaling rules, and risk limits before committing.
Overall, if you're a disciplined trader who can generate consistent returns,
@thepipfarm's Pay With Profits model can be a cost-effective way to access larger capital.
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partners.pipfarm.com/click?c…