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Pip Traders Funding Review
Pip Traders Funding was a Puerto Rico based prop trading firm. It shut down on February 13, 2026, citing money problems, and it is not paying refunds.
Min Deposit
$13
Spreads From
Not applicable, the firm is closed
Max Leverage
1:100 was offered before the shutdown
Platforms
MetaTrader through partner broker Eightcap, while active
Pros
- Profit split could scale from 70 up to 90 percent while active
- Live trades ran through Eightcap, a broker with a genuine ASIC license
- Evaluations had no time limit and allowed expert advisors
- The firm gave a clear, dated notice instead of vanishing silently
Cons
- The firm shut down on February 13, 2026 and stopped taking clients
- It told traders it will not issue any refunds for open evaluations
- High operating costs and falling revenue caused the shutdown
- TheTrustedProp had already marked the firm as closed
- Support now only handles wind down matters, not new questions
Pip Traders Funding was a prop trading firm run by PIP Traders Funding LLC in Guaynabo, Puerto Rico. It let traders pay for an evaluation, then trade a funded account and keep a share of the profits. The company shut down on February 13, 2026, and said in its own notice that it can not offer refunds.
While it operated, the firm offered one step and two step evaluations with no time limit, leverage up to 1:100, and profit splits that could scale from 70 percent up to 90 percent. Trades ran through Eightcap, a broker with a real ASIC license, and traders were allowed to hold positions over the weekend and use expert advisors.
In its closure notice, the company blamed a drop in revenue, high running costs, and cash flow problems for the shutdown. It told traders it would only handle basic wind down and Puerto Rico tax paperwork, and that it would not reply to messages on social media. Review site TheTrustedProp had already listed the firm as closed.
Min. Deposit
USD 13
Max Leverage
1:100 was offered before the shutdown
Spreads From
Not applicable, the firm is closed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features


