Traders do not have to pass a Challenge and receive immediate access to their PineX Trader account.
The model is aimed primarily at traders who already have experience in handling risk, position management and market volatility.
The accounts work with a trailing drawdown system, meaning the risk limits are adjusted dynamically to the highest account balance reached.
Note: For anything not specifically covered in this article, the general Rulebook of PineX Capital applies.
Overview
Overview | PineX Trader Account |
Profit Target | No target |
Max. daily loss | 3% (trailing) |
Max. total loss | 8% (trailing) |
Max. loss / trade idea | 2% |
Min. trading days | 5 (each ≥ 0.5 % profit) |
Consistency rule | 20% of total profit |
Loss reset after payout | Yes |
Drawdown rules
Exceeding the drawdown limits counts as a serious breach (Hard Breach) and leads to the immediate closure of the account.
Max Daily Drawdown – 3 % trailing
The maximum daily drawdown is 3 % and works on a trailing basis. This means that the daily loss limit moves dynamically with the highest account balance reached during the day. As soon as the account reaches a new daily high, the daily drawdown limit adjusts accordingly.
If the maximum daily loss limit is exceeded, the account is considered breached. The purpose of this rule is to hold traders to controlled risk management and disciplined trading.
Example:
A trader starts with an account balance of 6,000 USD. 3 % of that equals 180 USD — so the trader may lose a maximum of 180 USD on any one day. If equity falls below 5,820 USD, the daily drawdown rule is breached.
If the account balance rises during the day to 6,200 USD, the limit shifts upwards accordingly: 6,200 USD – 3 % = 6,014 USD. The drawdown limit therefore follows the highest equity level reached during the day.
Max Total Drawdown – 8 % trailing
The maximum total drawdown is 8 % trailing. The loss limit is based on the highest account balance reached and moves upwards accordingly as soon as new equity highs are reached. As soon as the maximum total drawdown limit is breached, the account is terminated.
Example:
A trader starts with an account balance of 6,000 USD. 8 % of that equals 480 USD. The initial minimum threshold is therefore 6,000 USD – 480 USD = 5,520 USD. If equity falls below that, the account is considered breached.
If the account later rises to 6,500 USD, the trailing drawdown limit moves along: 6,500 USD – 8 % = 5,980 USD. The drawdown therefore follows the highest account balance reached and adjusts dynamically.
Drawdown reset after payout
After a successful payout, the drawdown is reset. This gives traders a new risk basis after every payout, allowing further trading to be structured more efficiently and flexibly.
Risk management
Maximum loss per trade idea – 2 %
The maximum loss per trade idea is 2 % of the current account balance. This rule applies regardless of the instrument traded or the strategy used. Traders are required to manage their positions accordingly and to use appropriate stop-loss mechanisms. Excessive risk or aggressive overleveraging contradicts the requirements of the model.
Consistency rule – 20 %
The consistency rule was developed to ensure sustainable and stable trading. No single trading day may account for 20 % or more of the total profit within a payout period. The purpose is to avoid excessive risk as well as unrealistic high-risk trades, and to encourage consistent performance.
A breach of the consistency rule does not lead to the closure of the account. However, a payout is only possible again once the profits are sufficiently distributed and the highest trading day is below the 20 % threshold.
Example:
If a trader makes 2,000 USD profit on a single trading day, the total profit must be at least 10,000 USD for a payout to be possible. As long as the most profitable trading day accounts for 20 % or more of the total profit, no payout can be requested.
Reward Rate & payouts
Reward Rate
Traders receive a Reward Rate of 80% by default and therefore keep the majority of the profits they generate. With the matching Add-on it increases up to 100%.
Payout system
Regular payouts take place every 21 exchange days. Important: these are exchange days, meaning days on which the markets are open — Saturdays and Sundays do not count. With the «14-day payout schedule» Add-on, the cycle is reduced to every 14 exchange days.
After a payout request, the account is first reviewed for possible rule breaches. This is followed by KYC verification, during which you select your payout method — cryptocurrency or bank transfer.
Minimum number of trading days
Before a payout, at least 5 trading days must be completed. In addition, a profit of at least 0.5 % of the initial account balance must be achieved on each of these days.
A trading day only counts as a valid trading day if at least one trade has been opened and fully closed. Open positions or unfinished trades are not counted as a trading day. This rule serves to ensure consistent performance and to avoid short-term lucky hits or individual high-risk trades.
Add-ons
Add-ons are optional extras that can be added at purchase for an additional fee and that go beyond the standard conditions.
100 % Reward Rate – increases the reward rate to up to 100%
14-day payout schedule – payouts already every 14 exchange days
Leverage & trading conditions
For Instant Funding accounts, leverage is set per asset class as follows:
Instrument | Hebel |
Forex | 1:30 |
Metalle | 1:10 |
Indizes | 1:10 |
Krypto | 1:2 |
Energien | 1:10 |
US Aktien | 1:30 |
EU Aktien | 1:30 |
Fees: In the PineX Trader Account, the standard fee conditions apply.
News Trading
News trading is not permitted. Around major economic events — such as interest rate decisions or macroeconomic releases — a restricted window applies during which the affected instrument must not be traded.
Restricted window: from 5 minutes before to 5 minutes after the event. Opening or closing a position on the affected instrument within this window counts as a rule breach and leads to the closure of the account.
Example:
If a news release is published at 18:00, trading on the affected instrument is restricted from 17:55 to 18:05. A position opened at 18:04 falls inside the restricted window and constitutes a breach.
Weekend Holding
Holding positions over the weekend is permitted. Traders can therefore implement both short-term and longer-term strategies.
Further trading conditions
Permitted trading styles: The model supports day trading, swing trading and scalping. Traders can adapt their strategy flexibly to market conditions, as long as all risk rules are observed.
Rule breaches
Compliance with all rules is mandatory. Breaches of the daily drawdown rule, the maximum total drawdown, the loss limit per trade idea or other applicable provisions may lead to the immediate closure of the account. Terminated accounts cannot be reactivated.