Pipstone Capital Discount Codes

Pipstone Capital is a proprietary trading firm that funds retail traders through evaluation challenges, and it is one of the newer names in the sector. Pipstone Capital Ltd was founded in 2025 by Umair Raja, is registered in Saint Lucia and runs offices in Limassol and Dubai. Despite launching that recently it took the ProFX award for Best Funded Trader Program of the Year 2025. This page tracks only the Pipstone Capital discount offers we have confirmed on the firm's own site.

What Pipstone Capital offers traders

Pipstone runs three routes to a funded account. Instant funding skips the evaluation altogether, the 1-Step programme asks for a single 10% profit target, and the 2-Step splits the requirement into an 8% first phase and a 5% second phase. Account sizes run from $5,000 to $100,000, and the scaling plan takes a consistently profitable trader up to $400,000 in allocation. Trading is on cTrader and Match Trader.

The drawdown model is static rather than trailing, which many traders prefer because the loss limit does not follow your equity upward as you profit. On the 2-Step programme the daily loss limit is 5% and the maximum is 10%; the 1-Step tightens that to 4% daily and 8% maximum. There is no time limit on a challenge and no consistency rule, news trading is permitted, and there is a 3-day minimum trading requirement before you can request a payout.

How payouts work

The reward split starts at 80% and can be raised to 100% by buying the add-on at purchase. Payouts run weekly or bi-weekly depending on the plan, and Pipstone states that approved funds are sent roughly 8 hours after approval. Your challenge fee is refunded on your first payout, which means a passed evaluation effectively costs nothing. Traders resident in Iran, North Korea, Syria and Cuba are not accepted.

How to save on a Pipstone Capital challenge

Two offers are live right now and they work in completely different ways, so pick the one that matches what you actually want. The buy-one-get-one code doubles your accounts: buy a single challenge and a second evaluation of the same account size is added, both activated immediately, with no requirement to pass the first or reach a payout before the second unlocks. Our partner code takes a straight 35% off any account size across all three programmes instead, which is the better route if you would rather buy one larger evaluation than two of the same size.

A note on timing, because it matters with this one. Pipstone's own banner listed the buy-one-get-one as ending on August 3, 2026, but the firm was still advertising it on August 4, 2026 when we last checked. We have deliberately not attached an expiry date to the offer because we cannot verify one, so treat it as live but ending soon, and confirm the second account is actually granted before you pay. Codes at Pipstone apply to new evaluations rather than to resets, retries or add-on purchases such as the 100% split upgrade.

Prop firms discount most deeply around Black Friday and Cyber Monday, well beyond their everyday rates. Pipstone only launched in 2025, so there is not much seasonal history to go on yet, but if neither offer suits you and you are not in a hurry, that is the window worth waiting for. We add any bigger seasonal drop to this page when it lands.

How Our Pipstone Capital Codes Stay Honest

We never claim a code was “verified at checkout.” Instead, every Pipstone Capital code carries a community confidence score (a measured success rate) and a “last confirmed” time. When shoppers report a code worked, its score rises; when a link dies or a code expires, it drops off the list, this store currently sits at a 66% average confidence. That is why the codes near the top are usually your best shot.

Getting the Best Price at Pipstone Capital

Try the highest-confidence, most recently confirmed Pipstone Capital code first, and check the expiry note before you rely on it. If one does not apply at checkout, move to the next, a working deal is often just a click away.