Update: The PipFarm Risk Team contacted me directly and explained that the communication delay since Nov 5 was caused by an internal technical issue on their side. I appreciate their polite response and willingness to review my case transparently. Speaking purely about trading conditions on cTrader, PipFarm actually beats FTMO on US100 spreads — for example, at the London Open FTMO spreads widen up to 2.6, whereas on PipFarm the spread stays practically rock-solid around 1.45 across all major sessions. I have provided all requested clarifications to the team and am now awaiting the final processing of my pending payout.

Pay with profits model is only offered by them. Giving them 4 star instead of 5 because of the recent max risk rule for pay with profits accounts where challenge and funded have different max risk rules

This is great firm and I'll recommend everyone to use them

Very good ex

I traded 11 accounts with Pipfarm. Across these accounts, I repeatedly experienced sudden data freezes, especially when using larger lot sizes. Orders were often executed well away from the quoted price, with significant slippage and wide spreads on both the bid and ask. This happened even when the market was not volatile. I contacted support and sent screenshots showing the problem, but nothing changed, and each time I was told it was market volatility.
The trading rules also felt unrealistic. The risk window rule, the consistency rule and the margin rule made it very difficult to pass, and in my experience they seemed designed to make traders fail rather than to assess real trading skill.
When a trade moved in my favor, closing at the displayed price was not possible. My final profit was often smaller than what was displayed, because commission, spread and another deduction that was not clearly shown were taken off. This made it hard to know what a trade would really pay.
After 11 accounts, I can say these problems were consistent, not a one off. I would not recommend Pipfarm to anyone.