There are no CryptoPips reviews on the Forex Peace Army platform, which is a major downside for the firm. When it comes to Trustpilot, the firm has no reviews which is a major red flag for its safety. Evaluating trader feedback is crucial for determining how reliable a prop firm is and CryptoPips falls short in this aspect. The firm was launched in 2024, making it relatively inexperienced in the prop trading industry. When it comes to brokers, the firm is not backed by regulated brokers, which is a major red flag as well.

The firm gets a 0 score in this section.

CryptoPips funded programs include 1-step and 2-step evaluations only and there are no instant funded accounts available. The list of CryptoPips funding options includes 5k, 10k, 25k, 50k, and 100k USD. Both 1-step and 2-step CryptoPips challenges offer the same range of funding options, which is flexible. There is also very little price difference between the two account types. The lack of funded accounts beyond 100k USD is a big downside as experienced traders typically opt for large trading accounts. There are no smaller funded challenges below 5k USD, which is a minor drawback for beginner crypto traders. 

CryptoPips scaling plan is available and allows traders to grow their funded account balance, which is useful.

Overall, the firm gets a 3 score in this section.

CryptoPips prop trading is only possible by speculating on crypto instruments. The firm does not allow trading on other assets such as stocks, FX pairs, etc. This is a serious downside for traders who want to access diverse markets. The leverage is up to 1:10 for cryptos which is a decent amount.

The firm gets a 1.5 score in this section.

CryptoPips rules are slightly different for each funded account type. 

The 1-step CryptoPips challenge requires the following:

• Profit target - 10%
• Daily risk limit - 4%
• Maximum drawdown - 6%
• Time limits - No limits

The 2-step CryptoPips challenge requires the following:

• Profit target - 8%, 5% (phases 1 and 2)
• Daily risk limit - 5%
• Maximum drawdown - 10%
• Time limits - None

The firm does not allow news trading or overnight holding, which is a downside. The rules are mostly restrictive and traders have to be extremely cautious about their risk management not to fail.

The firm gets a 1 score in this section overall. 

The pricing is very competitive for both types of accounts. The smallest 5k 1-step challenge costs 65 USD (one-time) and the 2-step account with the same funding costs 60 USD. Let's compare the pricing for 1-step and 2-step challenges to see how they compare to popular prop firms.

The 1-step CryptoPips challenge has the following pricing:

• Funded amount: 5k USD - One-time fee: 65 USD
• 10k USD - 120 USD
• 25k USD - 260 USD
• 50k USD - 390 USD
• 100k USD - 630 USD

The 2-step CryptoPips funded accounts have the following pricing:

• Funded amount: 5k USD - One-time fee: 60 USD
• 10k USD - 110 USD
• 25k USD - 235 USD
• 50k USD - 350 USD
• 100k USD - 575 USD

As we can see, both challenges have very competitive pricing, allowing cheap prop trading. The firm does not charge fees for withdrawals, which is also attractive. However, spreads are not zero, making it tricky to deploy scalping and other short-term trading strategies. 

CryptoPips free trial is not offered at the moment, preventing traders from testing trading conditions before purchasing challenges. The CryptoPips free repeat is not available either, which is a downside.

Overall, the firm gets a 3 score in this section. 

The firm only allows access to custom web trading platforms, which is far inferior to advanced trading software like MT4 and MT5. Traders can not access custom indicators and automated trading systems. Mobile trading is not available by default, making it difficult to trade on the go.

The firm gets a 0.9 score.

CryptoPips profit split is 80%, which is decent. There is no possibility of getting a 90% profit split, which is a downside. Withdrawals are not quick and take several days to get processed, which is a serious downside. 

Overall, the firm gets a 2.1 score in this section.

There are no educational resources available at CryptoPips like webinars, trading courses, or video tutorials. The firm does not offer a trading blog, which is a downside. There are no tools either, making it impossible to increase trading accuracy without using tools outside of the firm.

Overall, the firm gets a 0 score in this section. 

When it comes to customer support, CryptoPips provides live chat and email options. The lack of phone support is a serious red flag for the firm’s reliability. Both the website and support options of the firm are only available in the English language, which is yet another downside for the firm.

Overall, CryptoPips gets only a 2.4 score in this section.