Is it just me, or do you smell something fishy going on around here? The scenario looks a bit familiar...
This is a bad trade, do not fund this, you are likely to get charged back. PayPal with newbies is extremely risky. It sounds hypocritical coming from me as I have asked for these trades, but I've done mine successfully and still haven't charged back.
There's also something er, fishy about Pips too... A quick check of Pips' Trust shows this gem on the 12th of July this year:
That's a trust feedback that I sent to that account. Check the reference. That is not a reference that I received.
I stand corrected and unreservedly apologize - everyone's on edge with the scammers who've infested the currency exchanges the last few months.