Getting started with Pipstone Capital is easy and straightforward:
· · Create an Account: Sign up on the official Pipstone Capital website.
· · Choose a Challenge: Select between the 1-Step or 2-Step Challenge based on your trading preference and risk appetite. You will also select your desired account size, ranging from $5,000 to $100,000.
· · Pay the Fee: A one-time fee grants you access to the challenge. This is not a deposit but a service fee for evaluation.
· · Receive Trading Credentials: After payment, you'll receive credentials for the trading platform (MatchTrader) and can begin trading immediately.
· · Follow the Rules: Respect the daily and overall drawdown limits and reach the profit target. There are no minimum trading days, and news trading is allowed.
· · Get Funded: Upon successful completion, you’ll be upgraded to a funded account and begin earning real profits.
Pipstone also provides a challenge calculator on the homepage, which allows traders to model their expected targets, drawdown, and risk before purchasing a challenge.