No. Pips are The Desk's reward currency and cannot be withdrawn as cash, transferred to a bank account, crypto wallet or PayPal account, or exchanged directly for money.
What can I use pips for?
- Discount coupons for FundYourFX challenges.
- Free challenge resets.
- Instant-funded accounts and selected products available in the Rewards catalogue.
See How do I spend pips, and what can I redeem? for the current rewards and redemption steps.
Why does my wallet show a dollar value?
The dollar figure is a reference value for rewards: 100 pips = $1 in reward value. It does not mean that pips are cash or form a withdrawable balance. For a broader overview, see What are pips and how do I earn them?.
Is any balance on The Desk withdrawable?
Funding Volume earned through the Invite & Get Funded System is separate from Pips. It cannot be withdrawn as cash and can only be exchanged for an eligible 2-Step Classic Challenge. See How does the Invite & Get Funded System work? for details.