Forum Forexroasted

the tax treatment of crypto payouts is more complex in most jurisdictions. receiving usdc as income is still taxable income at the value at receipt. then if usdc depegs even slightly or you hold it and there's any movement before conversion, you may also have a capital gains event. for small amounts it's manageable, for larger payouts the tax complexity might not be worth the convenience.

how long did each payout take to process? and what method did you use - bank transfer or crypto?

matters depending on what you do. for discretionary trading both work fine, choose by UI preference. for automated trading mt5 has more EAs available but ctrader has cleaner cBots in c#. for advanced charting ctrader has slight edge. test both with their demo accounts, pick what feels right.

the rushing-to-target failure is so common it should be a warning on every challenge. people treat the profit target as a sprint and breach drawdown trying to hit it in days. trading it as a slow, low-risk grind over the full window passes far more often. pace kills more evaluations than lack of skill.

+1 strongly on testing with small amounts. pipfarm could be the next great broker or could be gone in 18 months. nobody can know yet. small skin in the game, learn how they operate, scale up only after proven.

usually it means: same accounts, same platform, same banking arrangements (if regulator approves). it can mean: changed fee structure over time, changed support quality, changed risk appetite. its like buying a restaurant - the building stays the same but the food might shift gradually. always monitor for 6-12 months after a transition and be ready to move if things degrade.