Pipstone Capital: the verified review
As of October 29, 2026, Pipstone Capital scores 63.3 out of 100 in the 2027 prop firm ranking: #92 of 272 internationally, #67 of 198 in forex and CFDs. Trust score: 70.0 out of 100. Regulators: not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List, as read on October 28, 2026.
2027 edition · updated October 29, 2026 · next updates planned for December 2026 and January 2027 · Ranking methodology
The rating, criterion by criterion
| Criterion | Score | What was found | Source | Read on |
|---|---|---|---|---|
| Trust · 30 % · 3.50/5 | ||||
| 1. Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List | iosco.org | Oct 28, 2026 |
| 2. Registered company and age | n/a | Pipstone Capital Ltd | Oct 29, 2026 | |
| 3. Identity and contact | 5/5 | Pipstone Capital Ltd. is a limited liability company incorporated under the laws of Saint Lucia, and operates from its physical office at Christaki Kranou 46, Office 9, Potamos Germasogeias, 4046, Limassol, Cyprus. | pipstonecapital.com | Oct 28, 2026 |
| 4. Regulated execution partner | 2/5 | With Pipstone, traders get the power of MetaTrader 5, cTrader and MatchTrader * . | pipstonecapital.com | Oct 28, 2026 |
| 5. Honest marketing | 1/5 | To become the most trader-focused prop firm in the world — one that transforms potential into performance, and trading into a life-changing opportunity. | pipstonecapital.com | Oct 28, 2026 |
| 6. Secure website | 5/5 | certificate valid for 62 more days | Oct 28, 2026 | |
| 7. Protected domain (SPF, DMARC, headers) | 3/5 | 3 points out of 5 (SPF, DMARC, HSTS) | Oct 28, 2026 | |
| Payouts · 25 % · 3.20/5 | ||||
| 8. Public payout proof | 3/5 | $1M+ In Rewards | pipstonecapital.com | Oct 28, 2026 |
| 9. Published processing time | 5/5 | Payouts processed within 24 hours, guaranteed. | pipstonecapital.com | Oct 28, 2026 |
| 10. Payout frequency and first payout | 3/5 | Frequency Weekly/Bi-weekly | pipstonecapital.com | Oct 28, 2026 |
| 11. Withdrawal terms and methods | 1/5 | Oct 28, 2026 | ||
| 12. Payout history and incidents | 4/5 | Oct 28, 2026 | ||
| Trader reviews · 20 % · 3.00/5 | ||||
| 13. Trader rating (Trustpilot and Google) | 1/5 | Trustpilot 2.1 from 558 reviews | trustpilot.com | Oct 28, 2026 |
| 14. Number of reviews | 3/5 | 558 reviews | trustpilot.com | Oct 28, 2026 |
| 15. Suspicious review warning | 5/5 | No Trustpilot warning on the profile | trustpilot.com | Oct 28, 2026 |
| 16. 12-month trend | n/a | Reserved criterion, not rated in 2027 | ||
| Trading conditions · 15 % · 3.67/5 | ||||
| 17. Rule clarity | 4/5 | 13/14 rules documented | pipstonecapital.com | Oct 28, 2026 |
| 18. Cost of a $100,000 account | 1/5 | $49.00 | pipstonecapital.com | Oct 28, 2026 |
| 19. Profit target relative to maximum loss | 5/5 | Max Overall Loss 12% | $600 | pipstonecapital.com | Oct 28, 2026 |
| 20. Drawdown type | 5/5 | Drawdown Type Static | pipstonecapital.com | Oct 28, 2026 |
| 21. Rules restricting how you trade | 4/5 | risk cap per trade | pipstonecapital.com | Oct 28, 2026 |
| 22. What the trader keeps: split and fees | 3/5 | Oct 28, 2026 | ||
| Visibility · 10 % · 1.67/5 | ||||
| 23. Track record | 2/5 | Domain created on 2025-05-16 | Oct 28, 2026 | |
| 24. Websites linking to it | 2/5 | Rank 6,571,066 of 134,979,706 domains | commoncrawl.org | Oct 28, 2026 |
| 25. Press mentions, Wikipedia page | not rated | |||
| 26. Audience | 1/5 | 1,320 YouTube subscribers | youtube.com | Oct 28, 2026 |
Quotes are copied word for word from the firm's public pages, in their language. “n/a”: not applicable, the criterion is left out of its pillar. “Not verified”: the data cannot be found in public sources, and the criterion counts as 1 for as long as that remains the case.
Frequently asked questions
Is Pipstone Capital legit?
As of October 29, 2026, Pipstone Capital has a trust score of 70.0 out of 100 in the 2027 prop firm ranking. This score covers regulator warnings, the company register, the identity shown, the execution partner, marketing and website security. It is not on the warning lists consulted (AMF, IOSCO I-SCAN, ASIC, FINMA, CNMV and the CFTC RED List). This score describes what is published and verifiable at that date; it does not guarantee future payouts.
How does Pipstone Capital rank in 2027?
Pipstone Capital ranks #92 of 272 in the 2027 international prop firm ranking, with 63.3 out of 100, and #67 of 198 in forex and CFDs.
How much does a $100,000 account cost at Pipstone Capital?
The price of a $100,000 account could not be read on Pipstone Capital's public pages: the criterion is rated “not verified”, which counts as the lowest score.
How does Pipstone Capital pay out?
According to its public pages, as read on October 28, 2026: stated processing time, “Payouts processed within 24 hours, guaranteed.”; first payout and frequency, “Frequency Weekly/Bi-weekly”. These terms change often: check them on the firm's website before buying.
Which trading platforms does Pipstone Capital offer?
According to its public pages, Pipstone Capital offers MetaTrader 5, cTrader and MatchTrader (markets: Forex and CFDs).
What are the alternatives to Pipstone Capital?
In forex and CFDs, the higher-ranked prop firms are FTMO (77.6), FundedNext (74.0), The5ers (73.8), FXIFY (73.6) and City Traders Imperium (73.5).
Where do these scores come from?
Each score comes from a scale published in the ranking methodology, applied to a public source: regulator lists, company registers, the firm's public pages, Trustpilot, Google, Common Crawl, GDELT, Wikipedia, YouTube. Each criterion shows its source and date above. The ranking cannot be bought: no payment, partnership or promo code enters into a score, and these pages carry no affiliate link. Tradoshi connects the accounts of many prop firms to its trading journal and offers a plan to prop firms: none of this enters into the ranking.
Rating history
- October 29, 2026 · First rating: 63.3/100, #92 internationally.
Every change in score, rank or criterion score is dated here, most recent first; no entry is ever deleted.
Compare Pipstone Capital
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A score to correct?
The firm can request the re-evaluation of a criterion, with a fact and evidence, at contact@tradoshi.com; every correction is dated.