FAQ

Frequently Asked Questions (FAQ) – Pipswar

πŸ’°Forex Trading Competitions & Prizes

βœ… Registering to PipsWar is free. Inside the dashboard you can register for free competitions as well as paid competitions.
Entry fees range from $5-$500 and are matched with the prizes given away.

βœ… No, Pipswar is not a prop firm. We are a forex trading competition where traders win real cash, unlike prop firm challenges where you trade firm capital.

βœ… The top 4 forex traders receive cash prizes, while traders ranked 5 to 100 receive a $5,000 prop firm challenge account to help them get funded.

βœ… Pipswar pays out prizes using:
βœ” Cryptocurrency (USDT, BTC, etc.)
βœ” PayPal

πŸ“ Forex Trading & Leaderboard

βœ… All traders compete under fair trading conditions similar to a prop firm challenge. Risk management is important, and any unfair trading activity may result in disqualification.

βœ… If your trading account violates the rules, it will be disqualified, just like in a prop trading challenge.

βœ… Pipswar competitions are hosted on DxTrade, a powerful multi-asset trading platform that offers a smooth and professional trading experience. DxTrade is known for its advanced charting tools, fast execution, and user-friendly interface, making it an ideal choice for trading competitions.

πŸ“Š Registrations & Forex Trading Accounts

βœ… No! We provide a separate trading account for the competition, so you don’t have to risk your real funds.

βœ… No! Pipswar is a forex trading competition platform, not a prop trading firm. We offer real cash rewards, not funded accounts. However, we do provide free prop firm challenge accounts to some winners.

πŸ’³Payment & Forex Challenge Entry Fees

βœ… Winners can withdraw their cash prize using:
βœ” Cryptocurrency (USDT, BTC, etc.)
βœ” PayPal

βœ… Yes! We use secure payment gateways to protect all transactions.

βœ… No, entry fees are non-refundable, as they contribute to the prize pool.

πŸ“ž Contact & Support for Forex Traders

βœ… Yes! Follow us on Telegram, Twitter, and Discord for the latest updates on our forex trading competitions.