Pinnacle Trader FX is a new prop firm established in 2024. It’s registered in the United States. Like other proprietary firms, Pinnacle Trader FX has a carefully chosen evaluation process. They use a simple evaluation process to choose successful traders.
Trading Platforms at Pinnacle Trader FX
You can use MT5 as a trading platform at Pinnacle Trader FX.
Instruments Available with Pinnacle Trader FX
At Pinnacle Trader you can trade:
- Forex
- Commodities
- Indices
- Crypto
How to Make Payments at Pinnacle Trader FX
You can pay using Rise and Crypto.
Account Sizes Available at Pinnacle Trader FX
The 1-Step Challenge has five account sizes:
- $5k
- $10k
- $25k
- $50k
- $100k
The 2-Step Challenge has six account sizes:
- $5k
- $10k
- $25k
- $50k
- $100k
- $200k
Profit Splits in Pinnacle Trader FX
Pinnacle Trader FX offers up to a 90% profit split.
Profit Targets for Pinnacle Trader FX:
The profit target for the 1-Step Challenge is 8%. The first step of the 2-Step Challenge has a 9% profit target, and 5% in the second step.
Maximum Daily Drawdown and Loss at Pinnacle Trader FX
You can lose up to 4% in the first step of both challenges. The Second step of the 2-Step Challenge has a 5% maximum daily loss.
The maximum total loss is 8%, again in the first step of both challenges and 10% in the second step of the 2-Step Challenge.
Minimum/Maximum Trading Days Required at Pinnacle Trader FX
You can trade as long as you like at Pinnacle Trader FX. They don’t have a minimum or maximum number of trading days.
Customer Support
The Pinnacle Trader FX customer support is available via:
- Ticketing System
- Email:[email protected]
Pinnacle Trader FX: Rules and Challenges
Pinnacle Trader FX offers two types of challenges. Each of the challenges has its own rules like profit targets, maximum daily and total loss etc. After you complete the evaluation process, you’ll be offered a funded account. What is worth mentioning is that Pinnacle Trader FX doesn’t have a consistency rule. All challenges have a 1:100 leverage.
Steps Available in Pinnacle Trader FX Challenge
The two available challenges at Pinnacle Trader FX are 1-Step and 2-Step Challenges.
Pricing for Pinnacle Trader FX Challenge
1-Step Challenge:
Account Size | Cost |
---|---|
$5k | $63 |
$10k | $93 |
$25k | $93 |
$50k | $312 |
$100k | $418 |
2-Step Challenge:
Account Size | Cost |
---|---|
$5k | $47 |
$10k | $87 |
$25k | $147 |
$50k | $297 |
$100k | $397 |
$200k | $797 |
Commissions and Fees at Pinnacle Trader FX
There is a $6 commission per lot. Indices have no commissions.
Pinnacle Trader FX: Refund Policies
There is no information regarding the Pinnacle Trader FX refunds.
Trial Offers at Pinnacle Trader
There are no free trial offers.
Payout Schedules of Pinnacle Trader FX
You can request a payout every 5 business days.
Evaluating Pinnacle Trader FX: Advantages and Disadvantages
- Payouts every 5 days
- Many account sizes are available
- Two types of challenges are available
- Lack of company’s information
- No free trial
Pinnacle Trader FX FAQ Section
You can request a payout through live support with your account information.
Pinnacle Trader FX is partnered with CBT.
No. Your account will be closed if you use hedging.
Yes, but you can’t open new positions two minutes before and two minutes after.