At PIP Traders Funding LLC, our SIM Instant Funded Accounts are designed to replicate a professional trading environment using virtual capital. To ensure responsible risk management and consistent performance, all Certified PIP Traders operating under this program must adhere to the following rules.
These rules apply immediately upon activation of the SIM Instant Funded Account and remain in effect throughout the trading cycle.
📌 1. Profit Consistency Rule: 20% Daily Limit
Your best trading day cannot exceed 20% of your total profits during the cycle. This promotes consistent performance and discourages high-risk behavior concentrated in a single day.
Example: If you earn $5,000 in total profit, no single day should exceed $1,000.
📍 Want to know how this rule is calculated or enforced?
Read the full Help Center article on Profit Consistency.
📌 2. Volume Consistency Rule
Maintain consistent position sizes throughout the cycle. Irregular spikes in volume may trigger a review, as the system expects steady trading behavior.
Applies to both discretionary and algorithmic strategies.
📍 Learn how the volume is analyzed and what qualifies as consistent:
Visit the full article on Volume Consistency for more details.
📌 3. News Trading Restriction
High-impact news events come with volatility. You are not allowed to open or close trades from 4 minutes before to 4 minutes after any scheduled high-impact news release.
Applies only to red-folder events while using SIM Instant Funded Accounts.
📍 Curious about what counts as high-impact news or how we enforce this?
See the complete article on News Trading Restrictions.
📌 4. Maximum Daily Drawdown: 3%
The daily loss limit is 3% of your starting balance or equity — whichever is higher. This is evaluated at the end of each trading day.
Example: If your equity was $51,000 at market open, your maximum loss allowed that day is $1,530.
If you exceed this limit, your account is breached and will be terminated.
📍 Need more examples or explanation?
Review the full article on Maximum Daily Drawdown.
📌 5. Maximum Drawdown: 15% + Locked Buffer Transition
Before your first reward, your maximum trailing drawdown is 15%. After your second reward, the account transitions to a Locked Buffer Drawdown model, which helps preserve profits over time.
📍 Want to fully understand how this model works?
Check the detailed Help Center article for a complete breakdown.
📌 6. Minimum Profitable Trading Days
To remain eligible for rewards, you must complete a minimum number of profitable trading days. A day is considered profitable if it closes with at least +0.6% gain.
📍 How many days do you need? How are they calculated?
Find answers in the full article on Profitable Trading Days.
⚠️ Important Notes
These rules simulate real-world risk management and promote consistent trading habits.
Violations may result in loss of reward eligibility or account termination.
For complete transparency, each rule has a dedicated article with real examples and FAQs.
📈 Want to Trade Like a Pro?
Understanding and following these rules shows the discipline we seek in Certified PIP Traders. Operate with consistency, respect the limits, and unlock real rewards — all within a simulated, risk-managed environment.