Trading involves real risk. Read the full risk disclosure and agreement before funding any account.
Gold · MT5 · Performance-fee only

Your funds. Your control. We only get paid when you profit.

PipWallet runs an automated trading system on the account you open, fund, and control at your own broker. We never take custody of your money — and we only earn a share of the profit you actually withdraw.

60 / 40Your split of weekly profit
$0Fee on a losing week
20%Hard daily drawdown ceiling
Your funds, your broker

Money never passes through PipWallet, at any point.

No profit, no fee

A flat or losing Trading Week costs you nothing.

We never ask for your password on this site

Credential handoff happens directly with you, off-site.

Cancel anytime, in writing

End the arrangement whenever you choose — no lock-in period.

How the arrangement works

Four steps, all of them under your control

PipWallet's role is narrow by design: we run the trading software on an account that belongs entirely to you.

Step 01

You open your own account

A live MT5 account at Pepperstone, in your name, funded by you with a minimum of $200.

Step 02

We connect the system

You share your MT5 login on your terms, off-site. We add it to our VPS — never your device.

Step 03

The system trades gold

Automated gold execution, with position sizing and drawdown limits built into every trade.

Step 04

You review and withdraw

Weekly results land in writing. Withdraw anytime, directly through your broker.

Walk through the full onboarding guide →
Built into every trade

Risk controls that don't depend on anyone remembering to apply them

These limits are automatic, always on, and described in full in the Fund & Account Management Guide.

20% daily drawdown ceiling

If live equity falls 20% below the day's opening balance, trading halts for the rest of that day.

One trade at a time

Never more than a single open position, keeping exposure limited to one pre-sized trade.

3-trade daily cap

Once three trades have opened in a day, the system stops and resumes automatically the next day.

Session profit lock

Realised profit reaching 20% of the session's starting balance closes the day out and locks in the gain.

Post-trade cooldowns

15 minutes after a loss, 25 after a win, before the system will consider another trade.

Weekend flat

Open positions are closed ahead of the weekly close — nothing is left exposed to a weekend gap.

See every safeguard in detail →
Position sizing

See how your deposit maps to trade size

The system scales position size to your balance automatically — this is illustrative, not a recommendation to deposit any particular amount.

Account balance
$450

$400–499 tier

Trade size
0.04
Risk per trade
$40
Target per trade
$40
Minimum to start
$200
How the fee works

A 40% performance fee — on profit only

Each Trading Week (Monday's open to Friday's close), PipWallet compares your account's closing and opening equity, adjusted for any deposits or withdrawals you made.

  • Profitable week → you keep 60%, PipWallet is paid 40% of that week's profit.
  • Flat or losing week → no fee, under any circumstances.
  • Losses don't carry forward to reduce a later week's fee, or the other way around.
  • The fee is due when you withdraw profit — never before you've actually taken it out.

Full terms govern

This is a plain-language summary. The signed Managed Trading Services Agreement — including payment deadlines and what happens if a fee goes unpaid — always takes precedence.

Read the full agreement

Before you begin

Read the paperwork. All of it.

These aren't buried in a footer link. Every client is expected to read all three before sending any funds.

Managed Trading Services Agreement

The binding contract — fees, risk disclosure, termination, dispute resolution.

Client Onboarding Guide

Zero to first withdrawal — opening Pepperstone, funding, connecting MT5.

Fund & Account Management Guide

Position sizing, every automatic risk control, deposits and withdrawals.

Read the documents. Ask your questions. Then decide.

There's no pressure and no countdown timer. Onboarding takes as long as you need it to.