❗Questionable prop❗
We are constantly checking customers feedback and update reliability scores of the prop firms. This one is not considered as a good choiche.
GoldenPipFx prop firm offers funded accounts ranging from 10k to 100k USD with a possibility to reach up to 300k USD in virtual funding. The profit split starts at 80%, and traders can get up to 100% using paid add-ons. The 100% payout is always a big red flag, as prop firms should be generating a profit by splitting trader earnings between trader and firm. The pricing starts at 100 USD, which is more expensive than many reliable firms we have reviewed.
In today’s GoldenPipFx review, we will assess the firm’s most important features, such as safety, rules, funding options, pricing, commissions, assets, support, and more.
Pros & cons of GoldenPipFx prop firm
Pros |
Cons |
| Live chat and email support available | Promises up to 100% profit split, which is a big red flag |
| Charges no fees on withdrawals | Lacks trader reviews and experience, and all funded accounts are simulated or demo accounts |
| No real live trading, only demo accounts | |
| No MT4/MT5 support | |
| Has strict requirements not allowing overnight, weekend holding |
Quick rating of GoldenPipFx and its features
| FPA Score | Not rated yet |
| Year founded | 2024 |
| Headquarters | United Kingdom |
| Minimum audition fee | 100 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 10,000 USD |
| Maximum funded amount | 100,000 USD |
| Allowed daily loss | 5% |
| Profit target | 10% |
| Maximum trailing drawdown | 10% |
| Profit sharing (Payouts) | 80% with a 10% cap (100% on the first payout) |
| Trading Platforms | Custom web trader |
| Available trading markets | FX pairs, indexes, commodities |
Safety of GoldenPipFx – 0
There are no GoldenPipFx reviews on the FPA, which is a big downside. On the Trustpilot, the firm has around 20 reviews, which is not enough to analyze trader experience with this firm. When it comes to experience in the industry, the firm was launched in 2024, which makes it very young and inexperienced. Additionally, all funded accounts are demo accounts, and traders are never allowed to access live markets. As we can see, the firm lacks almost all critical features that are paramount for safety and reliability. We suggest our readers be extremely careful when doing business with this firm.
The firm gets a 0 score in this section as it is young and lacks trader reviews.
GoldenPipFx Funding and maximum capital allocation – 2
GoldenPipFx funded programs are not diverse, as there is only one challenge type available, which is a 2-step challenge. GoldenPipFx funding options include 10k, 25k, 50k, and 100k challenges. There are no options for smaller funding, which is a downside, and traders can not reach 1 million USD in funding either. Account currency is available in USD, and add-ons increase pricing by 15%.
Passing the GoldenPipFx challenge is possible after reaching the profit target in two different phases, which makes it a slightly long process.
The GoldenPipFx scaling plan allows traders to increase their maximum funding to up to 300,000 USD, which is attractive but still low as many reliable firms offer up to 1 million in funding options.
In the end, the firm gets a 2 score in this section.
GoldenPipFx Assets – 2
GoldenPipFx prop trading assets are limited only to FX pairs, commodities, and indices. There are no other asset types offered, such as stocks or cryptos, which is a big downside. For offering a limited range of asset types, the firm gets a 2 score in this section.
GoldenPipFx Trading rules and limitations – 0.8
GoldenPipFx rules on the GoldenPipFx challenges include:
- Profit target – 10%
- Daily loss limit – 5%
- Maximum drawdown – 10%
- Weekend trading – No
- EAs allowed – No
- News trading – No
- Minimum trading days – 2 days
As we can see, the rules are strict, and traders should be extremely careful when dealing with this firm. The firm gets a 0.8 score only for offering a 10% maximum drawdown.
GoldenPipFx Fees – 1.5
The pricing starts at 100 USD, which is competitive. However, many reliable firms offer small challenges at even lower prices. Here is the list of pricing for GoldenPipFx challenges:
- Funded amount: 10,000 USD – One-time fee: 100 USD
- 25k USD – 200 USD
- 50k USD – 300 USD
- 100k USD – 500 USD
As we can see, the pricing is expensive on GoldenPipFx challenges, which makes it unattractive.
GoldenPipFx free trial is not offered, and the GoldenPipFx free repeat is not available either, which is also a downside for traders.
In the end, the firm gets a 1.5 score in this section for offering unattractive pricing.
GoldenPipFx Platforms – 0.9
The firm only offers a custom web trading platform, which is far inferior when compared to popular platforms like MT4 and MT5. There is no possibility to use custom indicators and automated trading systems. As a result, the firm gets a 0.9 score in this section.
GoldenPipFx Profit-Sharing – 1
GoldenPipFx profit split is 80%, but there is a rule of a maximum of 10%, which is not clearly explained in the rules, meaning the firm might decline more than this amount. This is a huge red flag and makes trader profits shrink considerably, forcing them to grow their accounts. The firm claims this rule only applies to about 0.5% of their traders, but we can not confirm this information.
The firm gets a 1 score in this section.
Education and trading tools at GoldenPipFx – 0
The firm does not offer any educational resources, like webinars, trading courses, or video guides, which is a big drawback as beginners can not learn prop trading with this firm. There is no trading blog either, making it difficult to get market updates and trading tips. There are no trading tools or economic calendars available, which is also a drawback for traders.
Overall, the firm gets a 0 score in this section for not providing any educational assistance to its prop traders.
Customer Support at GoldenPipFx – 2.4
Customer support is critical in prop trading, and GoldenPipFx offers live chat and email support channels. This is very flexible as traders can quickly contact the firm’s personnel and solve any issues in time. However, there is no phone support option available, which is a minor red flag. The firm only offers the English language for its website and support options, lacking multilingual support.
The firm gets a 2.4 score in this section.
❗Questionable prop❗
We are constantly checking customers feedback and update reliability scores of the prop firms. This one is not considered as a good choiche.
Frequently Asked Questions on GoldenPipFx
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