What Happens if You Run Out of Pips on Level 1?
If you run out of pips on Level 1, you will be out of the challenge. You will need to pay for a challenge again and start from 0. This is the only way you can fail the challenge.
Example: If you have 40 pips available and decide to risk them in one trade, and that trade hits the Stop Loss, you will lose the level and will have to pay for another challenge and start again.
Remember, this is the only instance where, if you lose your available pips, you will be out. In all other levels, you will simply go down a level.