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Updated 2026-03-08
PipFarm vs AquaFunded: Which Prop Firm Is Better?
Traders choosing between PipFarm and AquaFunded face a decision between cost efficiency and trading flexibility. AquaFunded's $283 challenge fee is less than half of PipFarm's $750 for a $100K account, but PipFarm offers a single-phase evaluation versus AquaFunded's two-phase process. AquaFunded also provides significantly more room for risk management with 5% daily loss limits and 10% total drawdown compared to PipFarm's restrictive 2% and 6% respectively. This comparison examines their evaluation structures, risk parameters, and trading conditions to determine which firm better serves different trading styles.
P
PipFarm
Est. 2023 · N/A
4.3
1,000 reviews
VS
1 wins
1 ties
11 wins
A
AquaFunded
Est. 2023 · N/A
4.3
200 reviews
Feature
PipFarm
AquaFunded
Challenge Price ($100K)
$750
$283✓ Lower entry cost
Phase 1 Profit Target
N/A
10%
Phase 2 Profit Target
None (single-phase)✓ Single-phase evaluation
5%
Max Daily Loss
2%
5%✓ More daily loss room
Max Total Loss
6%
10%✓ More drawdown room
Time Limit (Phase 1)
90 days
No limit✓ No time limit
Payout Split
99%
90% (up to 100%)✓ Higher profit split
Payout Frequency
7 days
bi-weekly✓ Faster payouts
PipFarm
Pros
+Highest profit share in the industry at up to 99%
+Multiple challenge modes (Classic, Endurance, Consistency) to suit different trading styles
+Fast scaling program up to $1.5M maximum allocation
+Flexible payout intervals with weekly option available
+Experience points system with increasing benefits and profit share up to 99%
Cons
−Relatively new firm founded in 2023 with limited track record
−Limited to cTrader platform only
−Complex rule structure with multiple modes may be confusing for beginners
−90-day time limit resets after each payout adding pressure
−Many features require additional fees as add-ons
AquaFunded
Pros
+Instant funding option available to skip evaluation challenges
+Up to 100% profit split with payout on demand
+No time limits on challenges — trade at your own pace
+Reward guarantee with 24-hour payout or $1000 compensation
Cons
−Relatively new firm (founded 2023) with limited track record
−Lower Trustpilot review count compared to established competitors
−Some account sizes show higher daily loss limits (5%) vs 3% standard
−Instant funding requires higher fees than challenge models
Our Verdict
Which Should You Choose?
AquaFunded wins for most traders, particularly those who need flexibility in their trading approach or are budget-conscious. The $283 challenge fee versus PipFarm's $750 makes it accessible to more traders, while the 5% daily loss limit and 10% total drawdown provide substantially more room for risk management than PipFarm's tight 2% and 6% restrictions. The unlimited time limit for phase 1 also removes pressure that could lead to overtrading.
PipFarm's single-phase evaluation is its main advantage, eliminating the need to pass a second 5% profit target after the initial challenge. However, this benefit is outweighed by the significantly higher cost and restrictive risk parameters that make it difficult for most trading strategies to succeed. Unless you specifically need the single-phase structure and can comfortably handle the tight risk limits, AquaFunded offers better value and more realistic trading conditions.
For budget-conscious traders or those using strategies requiring wider stop losses, AquaFunded is the clear choice. PipFarm only makes sense for very conservative traders who prefer paying more upfront to avoid a second evaluation phase.
Choose PipFarm if:
→Highest profit share in the industry at up to 99%
→Multiple challenge modes (Classic, Endurance, Consistency) to suit different trading styles
→Fast scaling program up to $1.5M maximum allocation
→Flexible payout intervals with weekly option available
Choose AquaFunded if:
→Instant funding option available to skip evaluation challenges
→Up to 100% profit split with payout on demand
→No time limits on challenges — trade at your own pace
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.