PC
PineX Capital
Verified: no warning signs on 7 Nov 2026 Trustpilot 4.3 on 118 reviews, no current warning on its profile, and no pattern of refused or unpaid withdrawals in what we read.
Checked against 13 sources, including the firm’s own pages and its Trustpilot profile, 7 Nov 2026. Best value at PineX Capital 2-Step Challenge · 200K
2-step · Forex & CFD · one-time fee Price read on the firm’s page, 7 Nov 2026.
2-step · Forex & CFD · one-time fee
$20,000 static$25.52 per $1,000 of drawdown, the lowest at this firm
Save 55% with BLACK55$510.40$1,134.48
6programs · 36 priced sizes
$40.60cheapest account · 1-Step Challenge 5K
$25.52best price per $1K drawdown
#7 of 46on drawdown per $ among forex & cfd firms we list
Every account and price
Pick a price to see its rules.Cheapest third per $1K drawdown in its market and sizeMiddle thirdPriciest third
Program
5K
10K
15K
20K
25K
35K
50K
100K
150K
200K
1-Step ChallengeForex & CFD · static
2-Step ChallengeForex & CFD · static
Instant Funding PineXForex & CFD · trailing
Instant Funding EliteForex & CFD · trailing
Direct FundingForex & CFD · trailing
Pay Later ChallengeForex & CFD · trailing
Selected account 2-Step Challenge · 50K
$155.44$345.68Save 55%
Grey: your balance. Dashed: where the account closes. Max drawdown$5,000 static. Your loss limit is fixed below the starting balance. Profits never move it. The floor never moves.
Daily loss limit$2,000, hard: breaching it fails the account.
Profit target$4,000 to pass
Profit split80% to you
PlatformsMT5, TradeLocker
Bots and EAsBot policy not stated
BillingOne-time fee
Price per $1K drawdown, forex & cfd 50K
Get this account → This account$31
Median, 179 accounts$78
Lowest listed$20
Trust check
Our listing bar, checked 7 Nov 2026Trustpilot rating of 4.0 or more
4.3 on 118 reviews
4.3 on 118 reviews
No pattern of unpaid withdrawals
None found in reviews and news we read.
None found in reviews and news we read.
No retroactive rule changes
None found.
None found.
Payout terms written down
Payout rules are published.
Payout rules are published.
Rules published for every program
6 programs, 36 sizes read from its own pages.
6 programs, 36 sizes read from its own pages.
Same size for less
Verified firms, forex & cfd 50K, lower price per $1K drawdownTHThe5ers
Summer Plan 2-Step 10/5 · static · $99.00$19.80per $1K drawdown
Summer Plan 2-Step 10/5 · static · $99.00$19.80per $1K drawdown
PIPipcy
Pipcy Classic One-Step · static · $175.05$29.18per $1K drawdown
See the full ranking → Pipcy Classic One-Step · static · $175.05$29.18per $1K drawdown
Every program, in full
PineX Capital: 6 programs, 36 sizes
The rules as PineX Capital publishes them on its own pages, read 7 Nov 2026. Open a program to see each size, the evaluation, the funded account, payouts, what the firm leaves unsaid, and the pages we read.
Trustpilot4.3 ★4.3 of 5, 118 reviews, read 7 Nov 2026Read the reviews on Trustpilot
Soonest $1,000 paid outMon 14 DecDirect Funding 20K · 22 days. Modelled by Propsoon from the firm's payout rules, for an account bought on 6 Nov.How each size pays, on Propsoon
1-Step Challenge
1-stepForex & CFDOne-time fee6 sizesBot policy not statedfrom $40.60 · best $47.75 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 5K | $40.60 | $300 static$135.33 per $1K | $150, fails the account | $450 | 80% | $100 |
| 10K | $61.48 | $600 static$102.47 per $1K | $300, fails the account | $900 | 80% | $100 |
| 25K | $119.48 | $1,500 static$79.65 per $1K | $750, fails the account | $2,250 | 80% | $100 |
| 50K | $182.12 | $3,000 static$60.71 per $1K | $1,500, fails the account | $4,500 | 80% | $100 |
| 100K | $312.04 | $6,000 static$52.01 per $1K | $3,000, fails the account | $9,000 | 80% | $100 |
| 200K | $573.04 | $12,000 static$47.75 per $1K | $6,000, fails the account | $18,000 | 80% | $100 |
Evaluation · 5K size
Challenge$450 target, at least 3 trading days; $300 max loss, $150 daily limit (fails it)
Trader account account · 5K sizeMax loss: $300 static. Daily loss: $150, fails the account.
Payouts · 5K sizeFirst payout: after 22 trading days, 4 days of at least $25, at least $100 a request; Then: every 21 trading days, $375 profit, 4 days of at least $25. Caps: $250 (payout 1), $375 (payout 2), $3,150 (payout 3 on). Split: 80% on every payout.
Payouts in briefEvery 21 exchange days with 4 days of 0.5%+ profit; $100 minimum; caps of 4%, then 6% of size, then $10,000 a payout on the 80% share, excess removed.
The rules in fullOne phase: 9% target, 3% daily (static), 6% static max loss, minimum 3 trading days, no consistency. Trader account: same limits; each payout needs 4 trading days with at least 0.5% profit; payouts every 21 exchange days (14 with the paid add-on); split 80% (100% add-on); $100 minimum; caps 4% / 6% of size then $10,000 per payout (accounts from 27 Oct 2026). News allowed with profit in the news window capped at 1% of the initial balance and weekend holding allowed for purchases from 2 Nov 2026 13:00 CET (before: news 5 min before/after prohibited, weekend close required).
Watch outA first floating loss over 2% cuts the split to 50%; a second closes the account. Profit from trades under 60 seconds is deducted; news-window profit is capped at 1% of the account. $3/lot commission when funded; hedging banned.
Bot policy not statedEAs and bots are not addressed in the rules read; trade copiers are allowed within the risk rules.
PlatformsMT5, TradeLocker
Codes and salesBLACK55: 55% off every challenge (Black Month); homepage prices already show -55% (all challenges) (official, no end shown)
Position limitsLeverage evaluation FX 1:100, metals 1:20, indices 1:20, crypto 1:2, energies 1:20, US stocks 1:20, EU stocks 1:30; trader account FX 1:30, metals 1:10, indices 1:10, crypto 1:2, energies 1:10, US stocks 1:10, EU stocks 1:30. Floating loss limit 2% of the initial balance across open positions. Commission $3/lot in the trader account (none in the Challenge); no swaps; hedging prohibited; one-minute rule: profit from trades open under 60 s is deducted from payouts
What the firm doesn't sayOfficial pages conflict: the 1-Step product spec table shows '8% | 5%' and 10% max loss, its meta/FAQ 6% static; the binding help article gives 9% / 3% / 6%, used here. Daily-loss reset time not in the 1-Step article (2-Step: higher of prior-day balance or equity, reset 00:00 CET). Start of the 21-exchange-day cycle (activation or first trade) and whether the first request needs one full cycle are not stated (Pay Later says 'first payout after 21 exchange days'); 'exchange days' are market-open days, so after 21 exchange days the request falls on trading day 22. Rise fee amount not stated. Payout caps apply to accounts bought from 27 Oct 2026; floating-loss and news-profit rules to purchases from 2 Nov 2026 13:00 CET.
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 5K | $300 static | $150, fails the account | First payout: after 22 trading days, 4 days of at least $25, at least $100 a request; Then: every 21 trading days, $375 profit, 4 days of at least $25 | $250 (payout 1), $375 (payout 2), $3,150 (payout 3 on) | 80% on every payout |
| 10K | $600 static | $300, fails the account | First payout: after 22 trading days, 4 days of at least $50, at least $100 a request; Then: every 21 trading days, $750 profit, 4 days of at least $50 | $500 (payout 1), $750 (payout 2), $6,300 (payout 3 on) | 80% on every payout |
| 25K | $1,500 static | $750, fails the account | First payout: after 22 trading days, 4 days of at least $125, at least $100 a request; Then: every 21 trading days, $1,875 profit, 4 days of at least $125 | $1,250 (payout 1), $1,875 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 50K | $3,000 static | $1,500, fails the account | First payout: after 22 trading days, 4 days of at least $250, at least $100 a request; Then: every 21 trading days, $3,750 profit, 4 days of at least $250 | $2,500 (payout 1), $3,750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 100K | $6,000 static | $3,000, fails the account | First payout: after 22 trading days, 4 days of at least $500, at least $100 a request; Then: every 21 trading days, $7,500 profit, 4 days of at least $500 | $5,000 (payout 1), $7,500 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 200K | $12,000 static | $6,000, fails the account | First payout: after 22 trading days, 4 days of at least $1,000, at least $100 a request; Then: every 21 trading days, $12,500 profit, 4 days of at least $1,000 | $10,000 (payout 1), $12,500 (payout 2 on) | 80% on every payout |
Pages we read (6)
- OfficialPineX help: 1-Step Challenge
- OfficialPineX help: Reward Payments (Rise; $100 minimum; caps for accounts bought from 27 Oct 2026; one-minute rule; 2 Nov 2026 changes)
- OfficialPineX homepage (programs, sizes, EUR prices with -55%, codes BLACK55 / Welcome60)
- OfficialPineX help: Which trader programs do we offer? (sizes per program)
- OfficialPineX 1-Step product page (conflicting spec table)
- OfficialPineX payouts page (14-day cycle with add-on, processing times, Rise / bank / crypto)
2-Step Challenge
2-stepForex & CFDOne-time fee6 sizesBot policy not statedfrom $51.04 · best $25.52 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 10K | $51.04 | $1,000 static$51.04 per $1K | $400, fails the account | $800 | 80% | $100 |
| 25K | $103.24 | $2,500 static$41.30 per $1K | $1,000, fails the account | $2,000 | 80% | $100 |
| 50K | $155.44 | $5,000 static$31.09 per $1K | $2,000, fails the account | $4,000 | 80% | $100 |
| 100K | $285.36 | $10,000 static$28.54 per $1K | $4,000, fails the account | $8,000 | 80% | $100 |
| 150K | $385.12 | $15,000 static$25.67 per $1K | $6,000, fails the account | $12,000 | 80% | $100 |
| 200K | $510.40 | $20,000 static$25.52 per $1K | $8,000, fails the account | $16,000 | 80% | $100 |
Evaluation · 10K size
Phase 1$800 target; $1,000 max loss, $400 daily limit (fails it)
Phase 2$500 target; $1,000 max loss, $400 daily limit (fails it)
Trader account account · 10K sizeMax loss: $1,000 static. Daily loss: $400, fails the account.
Payouts · 10K sizeFirst payout: after 22 trading days, 4 days of at least $50, at least $100 a request; Then: every 21 trading days, $750 profit, 4 days of at least $50. Caps: $500 (payout 1), $750 (payout 2), $8,400 (payout 3 on). Split: 80% on every payout.
Payouts in briefEvery 21 exchange days after 4 trading days; $100 minimum; caps of 4%, then 6% of size, then $10,000 a payout on the 80% share, excess removed.
The rules in fullPhase 1 8%, Phase 2 5%; 4% daily (higher of prior-day balance or equity, 00:00 CET) and 10% static max loss; no minimum days; no consistency; Phase 2 review about 3 business days. Trader account: same limits, 4 trading days before a payout, payouts every 21 exchange days (14 with the paid add-on); split 80% (100% add-on); $100 minimum; caps 4% / 6% of size then $10,000. Purchases from 2 Nov 2026: news allowed (news-window profit capped at 1%), weekend holding allowed.
Watch outPhase 2 review takes about 3 business days. A first floating loss over 2% cuts the split to 50%; a second closes the account. Profit from trades under 60 seconds is deducted; news-window profit is capped at 1%. $3/lot commission; hedging banned.
Bot policy not statedEAs and bots are not addressed in the rules read; trade copiers are allowed within the risk rules.
PlatformsMT5, TradeLocker
Codes and salesBLACK55: 55% off every challenge (Black Month); homepage prices already show -55% (all challenges) (official, no end shown)
Position limitsLeverage evaluation FX 1:100, metals 1:20, indices 1:20, crypto 1:2, energies 1:30, US stocks 1:5, EU stocks 1:30; trader account FX 1:50, metals 1:20, indices 1:10, crypto 1:1, energies 1:30, US stocks 1:5, EU stocks 1:30. Floating loss limit 2% of the initial balance. Commission $3/lot in the trader account (none in the Challenge); no swaps; hedging prohibited; one-minute rule: profit from trades open under 60 s is deducted from payouts
What the firm doesn't sayRules page also lists 'Option B: 6-10%' max loss by program without saying which program gets which value. Start of the 21-exchange-day cycle (activation or first trade) and whether the first request needs one full cycle are not stated (Pay Later says 'first payout after 21 exchange days'); 'exchange days' = market-open days, so 21 exchange days, then the request on trading day 22. Rise fee amount not stated. Payout caps apply to accounts bought from 27 Oct 2026; floating-loss and news-profit rules to purchases from 2 Nov 2026 13:00 CET.
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 10K | $1,000 static | $400, fails the account | First payout: after 22 trading days, 4 days of at least $50, at least $100 a request; Then: every 21 trading days, $750 profit, 4 days of at least $50 | $500 (payout 1), $750 (payout 2), $8,400 (payout 3 on) | 80% on every payout |
| 25K | $2,500 static | $1,000, fails the account | First payout: after 22 trading days, 4 days of at least $125, at least $100 a request; Then: every 21 trading days, $1,875 profit, 4 days of at least $125 | $1,250 (payout 1), $1,875 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 50K | $5,000 static | $2,000, fails the account | First payout: after 22 trading days, 4 days of at least $250, at least $100 a request; Then: every 21 trading days, $3,750 profit, 4 days of at least $250 | $2,500 (payout 1), $3,750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 100K | $10,000 static | $4,000, fails the account | First payout: after 22 trading days, 4 days of at least $500, at least $100 a request; Then: every 21 trading days, $7,500 profit, 4 days of at least $500 | $5,000 (payout 1), $7,500 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 150K | $15,000 static | $6,000, fails the account | First payout: after 22 trading days, 4 days of at least $750, at least $100 a request; Then: every 21 trading days, $11,250 profit, 4 days of at least $750 | $7,500 (payout 1), $11,250 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 200K | $20,000 static | $8,000, fails the account | First payout: after 22 trading days, 4 days of at least $1,000, at least $100 a request; Then: every 21 trading days, $12,500 profit, 4 days of at least $1,000 | $10,000 (payout 1), $12,500 (payout 2 on) | 80% on every payout |
Pages we read (6)
- OfficialPineX help: 2-Step Challenge
- OfficialPineX rules page (2-Step limits, daily basis 00:00 CET, leverage, restrictions; 'only the rules set out in the FAQ are binding')
- OfficialPineX help: Reward Payments (Rise; $100 minimum; caps for accounts bought from 27 Oct 2026; one-minute rule; 2 Nov 2026 changes)
- OfficialPineX homepage (programs, sizes, EUR prices with -55%, codes BLACK55 / Welcome60)
- OfficialPineX help: Which trader programs do we offer? (sizes per program)
- OfficialPineX payouts page (14-day cycle with add-on, processing times, Rise / bank / crypto)
Instant Funding PineX
InstantForex & CFDOne-time fee6 sizesBot policy not statedfrom $49.88 · best $45.24 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 5K | $49.88 | $400 trailing, no lock, restarts after each payout$124.70 per $1K | $150, fails the account | None | 80% | $100 |
| 10K | $71.92 | $800 trailing, no lock, restarts after each payout$89.90 per $1K | $300, fails the account | None | 80% | $100 |
| 25K | $142.68 | $2,000 trailing, no lock, restarts after each payout$71.34 per $1K | $750, fails the account | None | 80% | $100 |
| 50K | $214.60 | $4,000 trailing, no lock, restarts after each payout$53.65 per $1K | $1,500, fails the account | None | 80% | $100 |
| 100K | $361.92 | $8,000 trailing, no lock, restarts after each payout$45.24 per $1K | $3,000, fails the account | None | 80% | $100 |
| 200K | $754 | $16,000 trailing, no lock, restarts after each payout$47.12 per $1K | $6,000, fails the account | None | 80% | $100 |
Funded account · 5K sizeMax loss: $400 trailing, no lock, restarts after each payout. Daily loss: $150, fails the account.
Payouts · 5K sizeFirst payout: after 22 trading days, 5 days of at least $25, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 5 days of at least $25, best day at most 20% of the profit. Caps: $250 (payout 1), $375 (payout 2), $12,500 (payout 3 on). Split: 80% on every payout.
Payouts in briefEvery 21 exchange days with 5 days of 0.5%+ profit and best day under 20%; $100 minimum; caps of 4%, 6% of size, then $10,000 on the 80% share.
The rules in fullNo target. Daily loss 3% (static, of the day's starting balance), max loss 8% trailing the highest balance (resets after each payout), floating loss 1.5% (closure). Payouts need 5 trading days with at least 0.5% and a 20% consistency score (breach blocks payouts, not the account); payouts every 21 exchange days (14 with the paid add-on); split 80% (100% add-on); $100 minimum; caps 4% / 6% of size then $10,000. News allowed with news-window profit capped at 1% (purchases from 2 Nov 2026; earlier purchases: news prohibited 5 min before/after); weekend holding permitted.
Watch outFloating loss over 1.5% of the account closes it. The 8% max loss trails the highest balance and resets after each payout. Profit from trades under 60 seconds is deducted; news-window profit capped at 1%. $3/lot commission; hedging banned.
Bot policy not statedEAs and bots are not addressed in the rules read; trade copiers are allowed within the risk rules.
PlatformsMT5, TradeLocker
Codes and salesBLACK55: 55% off every challenge (Black Month); homepage prices already show -55% (all challenges) (official, no end shown)
Position limitsLeverage FX 1:30, metals 1:10, indices 1:10, crypto 1:2, energy 1:10, US stocks 1:30, EU stocks 1:30. Floating loss limit 1.5% of the initial balance across open positions for purchases from 2 Nov 2026 (breach closes the account; earlier 2% per trade idea). Commission $3/lot in the trader account (none in the Challenge); no swaps; hedging prohibited; one-minute rule: profit from trades open under 60 s is deducted from payouts
What the firm doesn't sayInstant page table says daily loss '3% trailing' and floating loss 2%; the help article says 3% static (of the day's starting balance) and 1.5% from 2 Nov 2026 - help article used. Consistency wording 'no single trading day may make up 20% or more' conflicts with its own example (a best day of 2,000 needs at least 10,000 total, exactly 20%); 5 equal days used. Start of the 21-exchange-day cycle (activation or first trade) and whether the first request needs one full cycle are not stated (Pay Later says 'first payout after 21 exchange days'); 'exchange days' are market-open days, so after 21 exchange days the request falls on trading day 22. Rise fee amount not stated. Payout caps apply to accounts bought from 27 Oct 2026; floating-loss and news-profit rules to purchases from 2 Nov 2026 13:00 CET.
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 5K | $400 trailing, no lock, restarts after each payout | $150, fails the account | First payout: after 22 trading days, 5 days of at least $25, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 5 days of at least $25, best day at most 20% of the profit | $250 (payout 1), $375 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 10K | $800 trailing, no lock, restarts after each payout | $300, fails the account | First payout: after 22 trading days, 5 days of at least $50, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 5 days of at least $50, best day at most 20% of the profit | $500 (payout 1), $750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 25K | $2,000 trailing, no lock, restarts after each payout | $750, fails the account | First payout: after 22 trading days, 5 days of at least $125, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 5 days of at least $125, best day at most 20% of the profit | $1,250 (payout 1), $1,875 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 50K | $4,000 trailing, no lock, restarts after each payout | $1,500, fails the account | First payout: after 22 trading days, 5 days of at least $250, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 5 days of at least $250, best day at most 20% of the profit | $2,500 (payout 1), $3,750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 100K | $8,000 trailing, no lock, restarts after each payout | $3,000, fails the account | First payout: after 22 trading days, 5 days of at least $500, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 5 days of at least $500, best day at most 20% of the profit | $5,000 (payout 1), $7,500 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 200K | $16,000 trailing, no lock, restarts after each payout | $6,000, fails the account | First payout: after 22 trading days, 5 days of at least $1,000, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 5 days of at least $1,000, best day at most 20% of the profit | $10,000 (payout 1), $12,500 (payout 2 on) | 80% on every payout |
Pages we read (5)
- OfficialPineX help: Instant Funding PineX
- OfficialPineX Instant Funding page (Elite vs PineX comparison table)
- OfficialPineX help: Reward Payments (Rise; $100 minimum; caps for accounts bought from 27 Oct 2026; one-minute rule; 2 Nov 2026 changes)
- OfficialPineX homepage (programs, sizes, EUR prices with -55%, codes BLACK55 / Welcome60)
- OfficialPineX help: Which trader programs do we offer? (sizes per program)
Instant Funding Elite
InstantForex & CFDOne-time fee7 sizesBot policy not statedfrom $98.60 · best $126.83 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 5K | $98.60 | $300 trailing, no lock$328.67 per $1K | $150, fails the account | None | 80% | $100 |
| 10K | $155.44 | $600 trailing, no lock$259.07 per $1K | $300, fails the account | None | 80% | $100 |
| 15K | $223.88 | $900 trailing, no lock$248.76 per $1K | $450, fails the account | None | 80% | $100 |
| 25K | $301.60 | $1,500 trailing, no lock$201.07 per $1K | $750, fails the account | None | 80% | $100 |
| 50K | $464 | $3,000 trailing, no lock$154.67 per $1K | $1,500, fails the account | None | 80% | $100 |
| 100K | $760.96 | $6,000 trailing, no lock$126.83 per $1K | $3,000, fails the account | None | 80% | $100 |
| 150K | $1,147.24 | $9,000 trailing, no lock$127.47 per $1K | $4,500, fails the account | None | 80% | $100 |
Funded account · 5K sizeMax loss: $300 trailing, no lock. Daily loss: $150, fails the account.
Payouts · 5K sizeFirst payout: after 22 trading days, 6 days of at least $25, at least $100 a request; Then: every 21 trading days, 6 days of at least $25. Caps: $250 (payout 1), $375 (payout 2), $12,500 (payout 3 on). Split: 80% on every payout.
Payouts in briefPayout cycle not confirmed (21 exchange days assumed); 6 days of 0.5%+ profit; $100 minimum; caps of 4%, 6% of size, then $10,000 on the 80% share.
The rules in fullNo target. Daily loss 3% trailing, max loss 6% trailing, floating loss 1%, leverage 1:50, no consistency rule, 6 minimum trading days at 0.5% profit, split 80% (instant page comparison table). Payout cycle not confirmed for Elite. Caps 4% / 6% of size then $10,000 and the $100 minimum apply to PineX trader accounts bought from 27 Oct 2026.
Watch outDaily loss (3%) and max loss (6%) both trail; floating loss limit 1%. Rules come from a comparison table only. Profit from trades under 60 seconds is deducted. $3/lot commission; hedging banned.
Bot policy not statedEAs and bots are not addressed in the rules read; trade copiers are allowed within the risk rules.
PlatformsMT5, TradeLocker
Codes and salesBLACK55: 55% off every challenge (Black Month); homepage prices already show -55% (all challenges) (official, no end shown)
Position limitsLeverage 1:50 (Elite column). Floating loss limit 1%. Commission $3/lot in the trader account (none in the Challenge); no swaps; hedging prohibited; one-minute rule: profit from trades open under 60 s is deducted from payouts
What the firm doesn't sayRules from the Instant Funding page comparison table only; the 'Instant Funding Elite' help article was not read. Daily loss listed as '3% trailing'. Help article on programs lists Elite sizes 5K-150K without 15K; the homepage price table includes 15K. Start of the 21-exchange-day cycle (activation or first trade) and whether the first request needs one full cycle are not stated (Pay Later says 'first payout after 21 exchange days'); 'exchange days' = market-open days, so 21 exchange days, then the request on trading day 22. Rise fee amount not stated. Payout caps apply to accounts bought from 27 Oct 2026; floating-loss and news-profit rules to purchases from 2 Nov 2026 13:00 CET.
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 5K | $300 trailing, no lock | $150, fails the account | First payout: after 22 trading days, 6 days of at least $25, at least $100 a request; Then: every 21 trading days, 6 days of at least $25 | $250 (payout 1), $375 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 10K | $600 trailing, no lock | $300, fails the account | First payout: after 22 trading days, 6 days of at least $50, at least $100 a request; Then: every 21 trading days, 6 days of at least $50 | $500 (payout 1), $750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 15K | $900 trailing, no lock | $450, fails the account | First payout: after 22 trading days, 6 days of at least $75, at least $100 a request; Then: every 21 trading days, 6 days of at least $75 | $750 (payout 1), $1,125 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 25K | $1,500 trailing, no lock | $750, fails the account | First payout: after 22 trading days, 6 days of at least $125, at least $100 a request; Then: every 21 trading days, 6 days of at least $125 | $1,250 (payout 1), $1,875 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 50K | $3,000 trailing, no lock | $1,500, fails the account | First payout: after 22 trading days, 6 days of at least $250, at least $100 a request; Then: every 21 trading days, 6 days of at least $250 | $2,500 (payout 1), $3,750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 100K | $6,000 trailing, no lock | $3,000, fails the account | First payout: after 22 trading days, 6 days of at least $500, at least $100 a request; Then: every 21 trading days, 6 days of at least $500 | $5,000 (payout 1), $7,500 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 150K | $9,000 trailing, no lock | $4,500, fails the account | First payout: after 22 trading days, 6 days of at least $750, at least $100 a request; Then: every 21 trading days, 6 days of at least $750 | $7,500 (payout 1), $11,250 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
Pages we read (4)
- OfficialPineX Instant Funding page (Elite vs PineX comparison table)
- OfficialPineX help: Reward Payments (Rise; $100 minimum; caps for accounts bought from 27 Oct 2026; one-minute rule; 2 Nov 2026 changes)
- OfficialPineX homepage (programs, sizes, EUR prices with -55%, codes BLACK55 / Welcome60)
- OfficialPineX help: Which trader programs do we offer? (sizes per program)
Direct Funding (TradeLocker)
InstantForex & CFDOne-time fee5 sizesBot policy not statedfrom $103.24 · best $187.69 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 5K | $103.24 | $500 trailing, locks $250 below the start$206.48 per $1K | $200, fails the account | None | 80% | $100 |
| 10K | $207.64 | $1,000 trailing, locks $500 below the start$207.64 per $1K | $400, fails the account | None | 80% | $100 |
| 20K | $416.44 | $2,000 trailing, locks $1,000 below the start$208.22 per $1K | $800, fails the account | None | 80% | $100 |
| 35K | $677.44 | $3,500 trailing, locks $1,750 below the start$193.55 per $1K | $1,400, fails the account | None | 80% | $100 |
| 50K | $938.44 | $5,000 trailing, locks $2,500 below the start$187.69 per $1K | $2,000, fails the account | None | 80% | $100 |
Funded account · 5K sizeMax loss: $500 trailing, locks $250 below the start. Daily loss: $200, fails the account.
Payouts · 5K sizeFirst payout: after 22 trading days, 7 days of at least $25, at least $100 a request; Then: every 21 trading days, $375 profit, 7 days of at least $25. Caps: $250 (payout 1), $375 (payout 2), $4,200 (payout 3 on). Split: 80% on every payout.
Payouts in briefEvery 21 exchange days after 7 trading days; $100 minimum; caps of 4%, then 6% of size, then $10,000 a payout on the 80% share, excess removed.
The rules in fullNo evaluation, no target, no consistency. Daily loss 4% (higher of balance or equity at 00:00 CET), max loss trailing from 10% and locking at -5% of the starting balance, 2% max loss per trade idea; 7 minimum trading days; payouts every 21 exchange days (14 with the paid add-on); split 80% (100% add-on); news and weekend holding need an add-on. Help centre marks Direct Funding as expiring.
Watch outNews trading (5 minutes either side) and weekend holding need a paid add-on. Max loss 2% per trade idea. Profit from trades under 60 seconds is deducted. TradeLocker only; the help centre lists Direct Funding as expiring.
Bot policy not statedEAs and bots are not addressed in the rules read; trade copiers are allowed within the risk rules.
PlatformsMT5, TradeLocker
Codes and salesBLACK55: 55% off every challenge (Black Month); homepage prices already show -55% (all challenges) (official, no end shown)
Position limitsTradeLocker only (homepage checkout links). Leverage FX 1:30, metals 1:15, indices 1:5, crypto 1:1, energies 1:30, US and EU stocks 1:30. Max loss per trade idea 2% of the starting balance. News (5 min before/after) and weekend holding prohibited unless the 'News Trading & Weekend Holding' add-on is bought. Commission $3/lot in the trader account (none in the Challenge); no swaps; hedging prohibited; one-minute rule: profit from trades open under 60 s is deducted from payouts
What the firm doesn't sayHelp-centre collection is labelled 'Direct Funding (expiring)' (article dated 24 Aug 2026) while the homepage still lists Direct prices; daily loss is the higher of balance or equity at the 00:00 CET reset, minus 4%. Start of the 21-exchange-day cycle (activation or first trade) and whether the first request needs one full cycle are not stated (Pay Later says 'first payout after 21 exchange days'); 'exchange days' are market-open days, so after 21 exchange days the request falls on trading day 22. Rise fee amount not stated. Payout caps apply to accounts bought from 27 Oct 2026; floating-loss and news-profit rules to purchases from 2 Nov 2026 13:00 CET.
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 5K | $500 trailing, locks $250 below the start | $200, fails the account | First payout: after 22 trading days, 7 days of at least $25, at least $100 a request; Then: every 21 trading days, $375 profit, 7 days of at least $25 | $250 (payout 1), $375 (payout 2), $4,200 (payout 3 on) | 80% on every payout |
| 10K | $1,000 trailing, locks $500 below the start | $400, fails the account | First payout: after 22 trading days, 7 days of at least $50, at least $100 a request; Then: every 21 trading days, $750 profit, 7 days of at least $50 | $500 (payout 1), $750 (payout 2), $8,400 (payout 3 on) | 80% on every payout |
| 20K | $2,000 trailing, locks $1,000 below the start | $800, fails the account | First payout: after 22 trading days, 7 days of at least $100, at least $100 a request; Then: every 21 trading days, $1,500 profit, 7 days of at least $100 | $1,000 (payout 1), $1,500 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 35K | $3,500 trailing, locks $1,750 below the start | $1,400, fails the account | First payout: after 22 trading days, 7 days of at least $175, at least $100 a request; Then: every 21 trading days, $2,625 profit, 7 days of at least $175 | $1,750 (payout 1), $2,625 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 50K | $5,000 trailing, locks $2,500 below the start | $2,000, fails the account | First payout: after 22 trading days, 7 days of at least $250, at least $100 a request; Then: every 21 trading days, $3,750 profit, 7 days of at least $250 | $2,500 (payout 1), $3,750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
Pages we read (3)
- OfficialPineX help: Direct Funding (collection 'Direct Funding (expiring)', dated 24 Aug 2026)
- OfficialPineX help: Reward Payments (Rise; $100 minimum; caps for accounts bought from 27 Oct 2026; one-minute rule; 2 Nov 2026 changes)
- OfficialPineX homepage (programs, sizes, EUR prices with -55%, codes BLACK55 / Welcome60)
Pay Later Challenge
1-stepForex & CFDOne-time fee6 sizesBot policy not statedfrom $107 · best $78.83 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 10K | $107 | $600 trailing, no lock, restarts after each payout$178.33 per $1K | $300, fails the account | $400 | 80% | $100 |
| 25K | $212 | $1,500 trailing, no lock, restarts after each payout$141.33 per $1K | $750, fails the account | $1,000 | 80% | $100 |
| 35K | $293 | $2,100 trailing, no lock, restarts after each payout$139.52 per $1K | $1,050, fails the account | $1,400 | 80% | $100 |
| 50K | $325 | $3,000 trailing, no lock, restarts after each payout$108.33 per $1K | $1,500, fails the account | $2,000 | 80% | $100 |
| 100K | $523 | $6,000 trailing, no lock, restarts after each payout$87.17 per $1K | $3,000, fails the account | $4,000 | 80% | $100 |
| 200K | $946 | $12,000 trailing, no lock, restarts after each payout$78.83 per $1K | $6,000, fails the account | $8,000 | 80% | $100 |
Evaluation · 10K size
Challenge$400 target, within 15 days; $800 max loss
Trader account account · 10K sizeMax loss: $600 trailing, no lock, restarts after each payout. Daily loss: $300, fails the account.
Payouts · 10K sizeFirst payout: after 22 trading days, 3 days of at least $50, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 3 days of at least $50, best day at most 20% of the profit. Caps: $500 (payout 1), $750 (payout 2), $12,500 (payout 3 on). Split: 80% on every payout.
Payouts in briefFirst payout after 21 exchange days with 3 days of 0.5%+ profit and best day under 20%; $100 minimum; caps of 4%, 6% of size, then $10,000 on the 80% share.
The rules in fullBonus with every challenge purchase (optional, expires 15 days after issuance) and listed on the homepage at $5 plus a EUR amount per size; the remaining fee is paid by link after passing, then the trader account unlocks within minutes. Evaluation: 4% target, no daily loss, 8% trailing max loss, minimum 1 day, 15-day limit. Trader account: 3% daily (higher of balance/equity at 0:00 UTC), 6% trailing max loss (resets to 6% below start after a payout), 3 qualified days at 0.5% or more, 20% consistency, first payout after 21 exchange days, split 80% (100% add-on).
Watch outPay Later comes as an optional bonus with a challenge purchase and expires 15 days after issue; the rest of the fee is paid after passing. 15-day evaluation limit. Profit from trades under 60 seconds is deducted; hedging banned.
Bot policy not statedEAs and bots are not addressed in the rules read; trade copiers are allowed within the risk rules.
PlatformsMT5, TradeLocker
Position limitsLeverage evaluation FX 1:100, metals 1:20, indices 1:20, crypto 1:2, energies 1:30, US stocks 1:5, EU stocks 1:30; trader account FX 1:50, metals 1:20, indices 1:10, crypto 1:1, energies 1:30, US stocks 1:5, EU stocks 1:30. Daily loss in the trader account = higher of balance or equity at the 0:00 UTC rollover minus 3%. Floating loss 2%. Commission $3/lot in the trader account (none in the Challenge); no swaps; hedging prohibited; one-minute rule: profit from trades open under 60 s is deducted from payouts
What the firm doesn't sayHomepage lists Pay Later as $5 / a EUR amount for each size (10K EUR 102, 25K 207, 35K 288, 50K 320, 100K 518, 200K 941) without explaining the two amounts; read here as $5 upfront and the EUR amount on passing (help article: payment link after passing). The help article describes Pay Later as a free bonus with every challenge purchase that expires 15 days after issuance. 5K, 20K and 150K appear only in the help article (no price). Start of the 21-exchange-day cycle (activation or first trade) and whether the first request needs one full cycle are not stated (Pay Later says 'first payout after 21 exchange days'); 'exchange days' are market-open days, so after 21 exchange days the request falls on trading day 22. Rise fee amount not stated. Payout caps apply to accounts bought from 27 Oct 2026; floating-loss and news-profit rules to purchases from 2 Nov 2026 13:00 CET.
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 10K | $600 trailing, no lock, restarts after each payout | $300, fails the account | First payout: after 22 trading days, 3 days of at least $50, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 3 days of at least $50, best day at most 20% of the profit | $500 (payout 1), $750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 25K | $1,500 trailing, no lock, restarts after each payout | $750, fails the account | First payout: after 22 trading days, 3 days of at least $125, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 3 days of at least $125, best day at most 20% of the profit | $1,250 (payout 1), $1,875 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 35K | $2,100 trailing, no lock, restarts after each payout | $1,050, fails the account | First payout: after 22 trading days, 3 days of at least $175, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 3 days of at least $175, best day at most 20% of the profit | $1,750 (payout 1), $2,625 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 50K | $3,000 trailing, no lock, restarts after each payout | $1,500, fails the account | First payout: after 22 trading days, 3 days of at least $250, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 3 days of at least $250, best day at most 20% of the profit | $2,500 (payout 1), $3,750 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 100K | $6,000 trailing, no lock, restarts after each payout | $3,000, fails the account | First payout: after 22 trading days, 3 days of at least $500, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 3 days of at least $500, best day at most 20% of the profit | $5,000 (payout 1), $7,500 (payout 2), $12,500 (payout 3 on) | 80% on every payout |
| 200K | $12,000 trailing, no lock, restarts after each payout | $6,000, fails the account | First payout: after 22 trading days, 3 days of at least $1,000, best day at most 20% of the profit, at least $100 a request; Then: every 21 trading days, 3 days of at least $1,000, best day at most 20% of the profit | $10,000 (payout 1), $12,500 (payout 2 on) | 80% on every payout |
Pages we read (4)
- OfficialPineX help: Pay Later Challenge
- OfficialPineX help: Reward Payments (Rise; $100 minimum; caps for accounts bought from 27 Oct 2026; one-minute rule; 2 Nov 2026 changes)
- OfficialPineX homepage (programs, sizes, EUR prices with -55%, codes BLACK55 / Welcome60)
- OfficialPineX help: Which trader programs do we offer? (sizes per program)
Every page we read for PineX Capital (12)
- OfficialPineX help: 1-Step Challenge
- OfficialPineX help: Reward Payments (Rise; $100 minimum; caps for accounts bought from 27 Oct 2026; one-minute rule; 2 Nov 2026 changes)
- OfficialPineX homepage (programs, sizes, EUR prices with -55%, codes BLACK55 / Welcome60)
- OfficialPineX help: Which trader programs do we offer? (sizes per program)
- OfficialPineX 1-Step product page (conflicting spec table)
- OfficialPineX payouts page (14-day cycle with add-on, processing times, Rise / bank / crypto)
- OfficialPineX help: 2-Step Challenge
- OfficialPineX rules page (2-Step limits, daily basis 00:00 CET, leverage, restrictions; 'only the rules set out in the FAQ are binding')
- OfficialPineX help: Instant Funding PineX
- OfficialPineX Instant Funding page (Elite vs PineX comparison table)
- OfficialPineX help: Direct Funding (collection 'Direct Funding (expiring)', dated 24 Aug 2026)
- OfficialPineX help: Pay Later Challenge
Rules and prices from the Propsoon rules pack, read on PineX Capital's own pages on 7 Nov 2026. Firms change rules often: check the checkout page before you buy. Not financial advice.