CFDUnited Arab Emirates

PineX Capital

Explore available platforms, evaluation programs and payout rules.

Score: 5.1/10
Safety grade: B
Founded: Jan 2024
Direct funding: Not available

Read full company overview

PineX Capital is a simulated-funding prop firm operating through two entities: Pinex Software Solutions L.L.C-FZ in Dubai, United Arab Emirates (licence 2643553.01), which offers the TradeLocker platform, and PineX Capital Ltd., a Saint Lucia IBC (registration 2026-00566), which offers MetaTrader 5. The firm states in its own legal notice that it is not regulated by any financial supervisory authority, does not act as a broker and does not accept deposits: every account is simulated and funded with fictitious money. Marketing is aimed heavily at German-speaking traders. Programs include 1-Step and 2-Step Challenges, Instant Funding, Instant Funding Elite, Direct Funding and a Pay Later Challenge. The 2-Step Challenge requires 8% profit in Phase 1 and 5% in Phase 2 against a static 4% daily and 10% maximum drawdown, with no time limit and no separate profit-consistency rule. The default reward rate is 80% and payouts run every 21 exchange days; a 100% reward rate and a 14-day cycle are sold as paid add-ons. Challenge fees are charged in EUR. Access to MetaTrader 5 is blocked for US citizens and residents.

Profit split80% standard; up to 100% with paid add-on

PayoutsEvery 21 exchange days (14 with paid add-on)

Platforms

Trading platforms supported by PineX Capital.

MetaTrader 5 (MT5)

Trading platform supported by this firm.

TradeLocker

Trading platform supported by this firm.

Programs & evaluation

Choose from a range of evaluation programs with flexible profit splits and trading conditions.

Profit split: 80% standard; up to 100% with paid add-on
Programs & evaluation: Multiple programs (see official website)

1-Step Challenge

Account size: $10K
Profit target: 9%
Drawdown model: Static

2-Step Challenge

Account size: $10K
Profit target: 8%
Drawdown model: Static

View all 37 programs

Instant Funding

Account size: $10K
Profit target: No target
Drawdown model: intraday_trailing

Instant Funding Elite

Account size: $10K
Profit target: No target
Drawdown model: intraday_trailing

Direct Funding

Account size: $10K
Profit target: No target
Drawdown model: intraday_trailing

Pay Later

Account size: $10K
Profit target: 4%
Drawdown model: intraday_trailing

1-Step Challenge

Account size: $5K
Profit target: 9%
Drawdown model: Static

Instant Funding

Account size: $5K
Profit target: No target
Drawdown model: intraday_trailing

Instant Funding Elite

Account size: $5K
Profit target: No target
Drawdown model: intraday_trailing

Direct Funding

Account size: $5K
Profit target: No target
Drawdown model: intraday_trailing

1-Step Challenge

Account size: $25K
Profit target: 9%
Drawdown model: Static

2-Step Challenge

Account size: $25K
Profit target: 8%
Drawdown model: Static

Instant Funding

Account size: $25K
Profit target: No target
Drawdown model: intraday_trailing

Instant Funding Elite

Account size: $25K
Profit target: No target
Drawdown model: intraday_trailing

Pay Later

Account size: $25K
Profit target: 4%
Drawdown model: intraday_trailing

1-Step Challenge

Account size: $50K
Profit target: 9%
Drawdown model: Static

2-Step Challenge

Account size: $50K
Profit target: 8%
Drawdown model: Static

Instant Funding

Account size: $50K
Profit target: No target
Drawdown model: intraday_trailing

Instant Funding Elite

Account size: $50K
Profit target: No target
Drawdown model: intraday_trailing

Direct Funding

Account size: $50K
Profit target: No target
Drawdown model: intraday_trailing

Pay Later

Account size: $50K
Profit target: 4%
Drawdown model: intraday_trailing

1-Step Challenge

Account size: $100K
Profit target: 9%
Drawdown model: Static

2-Step Challenge

Account size: $100K
Profit target: 8%
Drawdown model: Static

Instant Funding

Account size: $100K
Profit target: No target
Drawdown model: intraday_trailing

Instant Funding Elite

Account size: $100K
Profit target: No target
Drawdown model: intraday_trailing

Pay Later

Account size: $100K
Profit target: 4%
Drawdown model: intraday_trailing

1-Step Challenge

Account size: $200K
Profit target: 9%
Drawdown model: Static

2-Step Challenge

Account size: $200K
Profit target: 8%
Drawdown model: Static

Instant Funding

Account size: $200K
Profit target: No target
Drawdown model: intraday_trailing

Pay Later

Account size: $200K
Profit target: 4%
Drawdown model: intraday_trailing

Instant Funding

Account size: $300K
Profit target: No target
Drawdown model: intraday_trailing

2-Step Challenge

Account size: $150K
Profit target: 8%
Drawdown model: Static

Instant Funding Elite

Account size: $150K
Profit target: No target
Drawdown model: intraday_trailing

Direct Funding

Account size: $20K
Profit target: No target
Drawdown model: intraday_trailing

Instant Funding Elite

Account size: $15K
Profit target: No target
Drawdown model: intraday_trailing

Direct Funding

Account size: $35K
Profit target: No target
Drawdown model: intraday_trailing

Pay Later

Account size: $35K
Profit target: 4%
Drawdown model: intraday_trailing

Payouts & rules

Get paid every 21 exchange days (14 with paid add-on) with a variety of methods and clear rules.

Payouts & payments: Multiple options (see official website)
Payouts & payments: Multiple options (see official website)
Payouts: Every 21 exchange days (14 with paid add-on)
Payout frequency note: Exchange days are market-open days; weekends do not count. Minimum 4 trading days in the PineX Trader Account before a payout.

Payout rules

Notes: Each reward payment is limited to a maximum of 10% of the account size
On Demand: No
Method Fees: Reward payments via bank transfer are possible from an amount of 300 USD
Profit split: 80% (100% with Add-on)
Min Withdrawal: 100
Processing Time: up to 72 business hours
Payouts: Every 21 exchange days (14 exchange days with paid add-on)
First Payout Days: 21
Payout Schedule Note: Regular payouts take place every 21 exchange days
Min Trading Days For Payout: 4

Trading rules

Holding Note: Holding or trading positions over the weekend is not permitted
Max Leverage: 1:100
Scalping Note: Scalping
Hedging Allowed: Not allowed
Inactivity Rule: You must open and close at least one trade within 30 days
Daily Loss Reset: 00:00 CET
Scalping Allowed: Allowed
Max Position Size: a maximum of two positions may be open at the same time
News Trading Note: News trading is not permitted
Martingale Allowed: Not allowed
Challenge Time Limit: None
Copy trading allowed: Not allowed
Drawdown Type Funded: The drawdown rules apply identically in both Challenge phases and in the Pinex Trader Account
News Trading Allowed: Not allowed
Ea Automation Allowed: Not allowed
Consistency Rule Funded: The trading strategy must remain consistent across both the evaluation and Pinex Trader Account phases
Drawdown Type Challenge: 10 % of the original starting capital and remains fixed (static)
Weekend Holding Allowed: Not allowed
Drawdown Model Challenge: static
Overnight Holding Allowed: Allowed
Consistency Rule Challenge: The 2-Step Challenge has no separate consistency rule

What stands out

Published advantages and trade-offs to review before choosing a program.

Things to consider

Automated trading is banned outright: no EAs, bots or scripts, and copy trading between different individuals is prohibited. News trading and weekend holding are both forbidden on the 2-Step Challenge. The headline 100% reward rate and 14-day payout cycle are paid add-ons; the defaults are 80% and every 21 exchange days. Fees are charged in EUR, and the first two payouts are capped.

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