Yo Pips FAQ

Question 1

Who can join Yo Pips?

Accepted Answer

We accept traders from all over the world, provided they are at least 18 years old and not residing in a sanctioned country.

Question 2

Do I need a professional financial background?

Accepted Answer

No. We welcome traders of all experience levels. If you have a profitable strategy and discipline, you are welcome here.

Question 3

Can I have multiple accounts?

Accepted Answer

Yes. You can trade multiple accounts simultaneously, provided the total allocated capital does not exceed our maximum limit (e.g., $400,000).

Question 4

What is the time limit for the Challenge?

Accepted Answer

There is no time limit. You can take as long as you need to hit the profit target, fostering a stress-free trading environment.

Question 5

What happens if I hit the profit target early?

Accepted Answer

You must still complete the minimum trading days requirement (4 days). Once met, you can advance to the next stage immediately.

Question 6

Do you offer a retry if I fail?

Accepted Answer

If you end the trading period with a positive balance and no rule violations but missed the profit target, you are eligible for a free retry.

Question 7

How is the Daily Loss Limit calculated?

Accepted Answer

The limit is 5% of your initial account balance. It resets every day at 00:00 Server Time. It is calculated based on your equity (balance +/- open profit/loss).

Question 8

Can I trade news events?

Accepted Answer

Evaluation Phase: Yes, news trading is allowed. Funded Account: Restrictions apply to specific high-impact news releases (Red Folder events) to protect capital volatility.

Question 9

Do you allow holding trades over the weekend?

Accepted Answer

Standard Accounts: No, all trades must be closed on Friday. Swing Accounts: Yes, weekend holding is permitted.

Question 10

Which platforms do you support?

Accepted Answer

We offer MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.

Question 11

Can I use Expert Advisors (EAs)?

Accepted Answer

Yes, we allow the use of EAs and trading bots, provided they are your own strategy. We prohibit the use of public/mass-use arbitrage bots or tick scalpers.

Question 12

Where can I download the platform?

Accepted Answer

Download links and login credentials are provided in your Welcome Email and Client Dashboard.

Question 13

When do I get paid?

Accepted Answer

The first payout is available 14 days after your first trade on the funded account. Subsequent payouts can be requested bi-weekly.

Question 14

How are payouts processed?

Accepted Answer

We support Bank Wire, Crypto (USDT, BTC), and Skrill. Payouts are typically processed within 24-48 hours.

Question 15

Is my fee refundable?

Accepted Answer

Yes. The initial evaluation fee is fully refunded to you along with your first profit split withdrawal.

Question 16

How do I delete my YoPips account?

Accepted Answer

Open the YoPips app, log in, go to Settings, tap Delete Account, enter your password, and confirm the deletion request.

How Can We Help You?

Search the Knowledge Base

General & Getting Started

The Evaluation Process

Trading Rules & Objectives

Platforms & Technology

Orders, Billing & Payouts

Account Deletion

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