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.

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