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Comparison · Forex

Platforms and execution: FundingPips and PineX Capital

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Where you trade

The choice of platform defines the tools available for analysis and the speed of order entry. FundingPips provides a versatile environment with three distinct choices: Metatrader 5, MatchTrader, and cTrader (the latter carries a +20% fee). This variety allows traders to choose between the industry standard or more modern, web-centric interfaces. PineX Capital focuses its technical offering on Metatrader 5 and TradeLocker, a platform designed for a more mobile and visually-driven trading experience.

Who executes your orders

FundingPips operates as its own Liquidity Provider, which theoretically allows for tighter control over the execution feed and internalizing the flow. PineX Capital provides execution through its infrastructure based in Dubai and Saint Lucia, utilizing the standard feeds provided by its integrated platforms to ensure market connectivity across all asset classes.

Leverage and margin

The relationship between leverage and drawdown defines the actual "breathing room" of a position before the system forces a closure.

  • FundingPips: Offers some of the highest leverage in the industry, reaching up to 1:2000 on its Prime accounts. In standard evaluations, it ranges from 30:1 to 100:1. Its risk management is technical: the daily drawdown is calculated based on the EOD (End of Day) High-Watermark, meaning the limit is set against the highest balance or equity recorded at the end of the previous day.
  • PineX Capital: Maintains a more conservative profile. It offers 100:1 during evaluation phases, but drops to 30:1 or 50:1 once funded. The 1-Step and 2-Step models use a static drawdown from the starting capital, providing a fixed floor that does not move with profits, whereas the Instant models use a trailing drawdown on new highs.

Markets available

Both firms provide a comprehensive multi-asset setup. Traders can operate in Forex, Commodities (Metals and Energies), Indices, Stocks, and Crypto. While the asset list is similar, the execution cost varies significantly between the two setups.

What the setup lets you do

The technical environment of each firm dictates the allowed trading styles:

  • FundingPips is built for flexibility and automation. It allows EAs (with proof of ownership for full automation), Copy Trading between your own accounts, and Scalping. However, it is very strict with news trading on Master accounts (5-minute restriction windows) and prohibits holding positions over the weekend on most funded models (except Labs 247).
  • PineX Capital is strictly for manual traders. It prohibits EAs, bots, and any automated scripts. It also bans Copy Trading and News Trading (5-minute window). Weekend holding is only permitted on Instant accounts, making it a more restrictive environment for swing traders or those relying on algorithmic assistance.

What the setup costs

The total cost of trading includes the entry fee, execution commissions, and the "time cost" of payouts.

  • Commissions: FundingPips charges between $5 and $10 per lot on Forex and Metals, and 0.04% to 0.05% on Stocks and Crypto. PineX Capital markets a $0 commission structure across all assets, meaning the execution cost is entirely baked into the spread.
  • Payouts: FundingPips is superior in liquidity access, offering On-Demand or even Daily payouts in its Prime and Labs 247 models. PineX Capital has a standard cycle of 21 days, which can be reduced to 14 days with an add-on.
  • Entry Price: For a $100,000 challenge, FundingPips (2-Step Standard) costs $522, while PineX Capital (2-Step) costs €548 (approx. $590).

Better setup for

  • FundingPips is the better setup for algorithmic traders, scalpers, and professionals who require high leverage, fast payout cycles, and the ability to use advanced platforms like cTrader.
  • PineX Capital is the better setup for manual retail traders who prefer a commission-free environment ($0 per lot) and are looking for a simpler, static drawdown structure without the complexity of EAs.

Frequently asked questions

Which firm is cheaper to start a $10,000 challenge, FundingPips or PineX Capital?

FundingPips is more affordable for beginners. Its 2-Step Standard $10k account costs $63, and they even offer a 2-Step Pro version for $55. In contrast, PineX Capital charges €98 (approximately $105) for its 2-Step $10k account, making the initial entry significantly more expensive.

Who offers faster payouts to the trader, FundingPips or PineX Capital?

FundingPips offers much faster access to profits. Depending on the account type, you can request payouts On-Demand, Weekly, or even Daily (in Prime and Labs 247 models). PineX Capital requires a waiting period of 21 exchange days by default, which can only be lowered to 14 days if the trader purchases an additional add-on.

Can I use Expert Advisors (EAs) in both FundingPips and PineX Capital?

No, there is a major difference in rules. FundingPips allows the use of EAs, provided they are used as risk managers or if you can prove ownership of the code for full automation. PineX Capital strictly prohibits all forms of EAs, bots, or automated scripts; all trading must be executed manually by the user.

Which firm allows higher leverage for Forex trading, FundingPips or PineX Capital?

FundingPips offers significantly higher leverage, especially in its advanced stages, reaching up to 1:2000 on Prime accounts and 100:1 in standard evaluations. PineX Capital is more restrictive, offering 100:1 during evaluation but limiting funded accounts to 30:1 or 50:1 depending on the chosen plan.

Field by field

FundingPips and PineX Capital, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

52 differences

Headquarters

IFZA Business Park DDP Dubai U.A.E.

Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates; and Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

CEO

Khaled Ayesh

Arlind I.

Country

United Arab Emirates

United Arab Emirates / Saint Lucia

Foundation

2022

2024

Banned Countries
United States, Iran, Israel, Vietnam, United Arab Emirates
Afghanistan, Central African Republic, Congo (Brazzaville), Cuba, Guinea, Haiti, Iran, Iraq, Libya, Mali, Myanmar (Burma), North Korea, Russian Federation, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen
Assets
Forex, Indices, Commodities, Crypto, Stocks
Forex, Commodities, Indices, Stocks, Crypto
Brokers

Liquidity Provider

No data
Refund
Yes

1 and 2 Step: Full refund with first payout

Limited

1-Step only: 100% fee refund with the third payout.

Payout Fee

$10

Crypto: no fee. Bank transfer through Rise: USD 50.

Platforms
Metatrader 5, MatchTrader, cTrader
Metatrader 5, TradeLocker
Demo Account
MatchTrader
ID-PasswordVjEbC!Y6
Metatrader 5
ID10496903PasswordVjEbC!Y6ServerFundingPips Corp (2)
No data
Payout Methods
Transfer, Crypto, Rise
Transfer, Crypto, Rise
Payment Methods
Card, Crypto, Transfer, ApplePay, GooglePay, PayPal, Neteller, Skrill
Card, Crypto
Payout Frequency
  • 2-Step Standard: Weekly, Bi-Weekly, Monthly or On Demand
  • 2-Step Pro: Weekly or Monthly
  • 1 Step Flex and 2-Step Flex: Bi-Weekly or Monthly
  • FundingPips Zero: Bi-Weekly
  • Prime (existing accounts only): Daily, any number of requests
  • Labs 247: Daily
  • Labs 003 Infinity: unlimited daily requests from Master day one, no reward buffer. Funds leave the account immediately; trading can continue.

Every 21 exchange days; 14 days with the add-on. Requests are usually processed within 72 business hours.

Crypto Weekend Trading
Yes

Labs 247: crypto trading and weekend holding are available 24/7 in Evaluation and Master. Other models retain their existing restrictions.

No data
Maximum Withdrawal
  • Labs 003 Infinity: no daily reward-request cap

The first two payouts are limited to 10% of the account size and an absolute maximum of USD 10,000. There is no maximum from the third payout onward.

Minimum Withdrawal
  • On Demand payout: 1%
  • Tuesday, bi-weekly and montly: 1%
  • Prime (existing accounts only): 1% of Prime Account size (or Scaled Prime Account Size after scaling)
  • Labs 247: 1% of the account size
  • Labs 003 Infinity: 1% of account size per request

USD 100 via crypto; USD 300 via bank transfer.

Forex
  • 1 Step: 30:1
  • 2 Step: 100:1
  • Zero: 50:1
  • Prime (existing accounts only): up to 1:2000 (tiered Standard Leverage Plan)
  • Labs 003 Infinity: 100:1

1-Step and 2-Step evaluation: 100:1. PineX Account: 1-Step and Instant PineX 30:1; 2-Step and Instant Elite 50:1.

Metals
  • 1 Step: 10:1
  • 2 Step: 30:1
  • Zero: 20:1
  • Prime (existing accounts only): up to 1:2000 (tiered Standard Leverage Plan)
  • Labs 247: 5:1
  • Labs 003 Infinity: 30:1

Evaluation: 20:1. PineX Account: 1-Step, Instant PineX and Instant Elite 10:1; 2-Step 20:1.

Energies

10:1

  • Prime (existing accounts only): up to 1:2000 (tiered Standard Leverage Plan)
  • Labs 247: 5:1
  • Labs 003 Infinity: 10:1

1-Step: 20:1 in evaluation and 10:1 in the PineX Account. 2-Step: 30:1. Instant PineX and Instant Elite: 10:1.

Indices
  • 1 Step: 5:1
  • 2 Step, Zero: 20:1
  • Prime (existing accounts only): up to 1:2000 (tiered Standard Leverage Plan)
  • Labs 247: 5:1
  • Labs 003 Infinity: 20:1

Evaluation: 20:1. PineX Account and Instant: 10:1.

Stocks

Labs 247: 5:1

1-Step: US 20:1 in evaluation and 10:1 funded; EU 30:1. 2-Step: US 5:1 and EU 30:1. Instant: US and EU 30:1.

Crypto
  • 1 Step: 1:1
  • 2 Step, Zero: 2:1
  • Prime (existing accounts only): up to 1:2000 (tiered Standard Leverage Plan)
  • Labs 247: 5:1

1-Step and Instant: 2:1. 2-Step: 2:1 in evaluation and 1:1 in the PineX Account.

Forex
0
0
Metals
0
0
Energies
0
0
Indices
0
0
Stocks
0
0
Crypto
0
No data
Swap Free
No
Yes
Account Reset

10% discount for failing during the evaluation phase. Valid for 7 days and only for accounts of the same model and size (FundingPips Zero excluded).

No data
Add-ons
Yes

cTrader (+20%)
Swing: overnight and weekend holding on Master accounts for 1 Step Flex, 2-Step Standard, 2-Step Pro and 2-Step Flex; selected at purchase

Yes

Add-ons are available to reduce the payout cycle from 21 to 14 exchange days and, except on Instant Elite, increase the split up to 100%.

Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes

Level 1 - Launchpad (Novice)

Requires 4 payouts and 10% profit. Grants +20% capital and +1% drawdown.

Level 2 - Ascender (Intermediate)

Requires 8 payouts and 20% profit. Grants +30% capital, +2% total max drawdown, and +1% daily drawdown.

Level 3 - Trailblazer (Advanced)

Requires 12 payouts and 30% profit. Grants +40% capital and 13% max drawdown.

Level 4 - Hot Seat (Elite)

Requires 16 payouts and 40% profit. Doubles initial balance, offers 100% reward split, on-demand payouts, up to $2M capital, and monthly bonuses.

Level 5 - Elite Trader Status (Advanced Hot Seat)

Unlocks advanced tools, +1% additional max drawdown (4% total cumulative), +1% additional daily drawdown (2% total), customized trading conditions, and monthly bonuses based on initial account size ($100-$500).

Prime (existing accounts only)

The first four scale-ups require +5% total profit; from the fifth onward, +10%, measured against the starting size of the current level. Required profitable days: none for the first scale-up, 2 for the second and third, 4 for the fourth, and 10 from the fifth onward. Each profitable day must close at +1% or more of the account size; the counter resets after each scale-up. Each scale-up adds +10% to the current level's starting size, up to $2M. At Level 10 or $2M: Certified FundingPips Trader status, listed on the Tradin Investor Marketplace with 20% profit share on investor capital.

Yes

Free Growth Plan with scaling up to USD 2,000,000.

Two Steps
Yes
Yes
Max Drawdown
  • 1 Step Flex, 2 Step: Static
  • Zero: Trailing
  • Prime (existing accounts only): 8% static below the starting balance; recalculated only after a scale-up
  • Labs 247: 4% static in Evaluation and Master
  • Labs 003 Infinity: static in Evaluation and Master; never trails

1-Step and 2-Step use static drawdown from starting capital. Instant PineX and Instant Elite trail new highs; PineX resets after a payout and Elite does not.

Profit Split

Reward split depends on the selected reward cycle and account configuration.

  • 2-Step Standard: Weekly (60%), Bi-Weekly, On Demand (90%) or Monthly (100%)
  • 2-Step Pro: Weekly or Monthly (100%)
  • 1 Step Flex: Bi-Weekly or Monthly (100%)
  • 2-Step Flex: Bi-Weekly, with an alternative 95% split selected at purchase at the same price, or Monthly (100%)
  • FundingPips Zero: fixed Bi-Weekly cycle
  • Prime (existing accounts only): 80%, Daily, any number of requests
  • Labs 247: Daily

The Monthly cycle requires consistency and profitable days. Earlier purchases retain their legacy conditions.

80% by default. Up to 100% through an add-on on 1-Step, 2-Step and Instant PineX. Instant Elite remains at 80%.

Free Trial
No
No data
Daily Drawdown

Higher of the opening balance or equity for the trading day

  • Prime (existing accounts only): 3% (soft breach, pauses trading for the rest of the day, account stays open, resumes at 00:00 UTC+3)
  • Labs 247: 2% of the starting balance in Evaluation and Master
  • Labs 003 Infinity: fixed daily loss allowance based on starting balance, in Evaluation and Master

1-Step and 2-Step keep a static daily limit. On Instant PineX and Instant Elite, the limit trails the daily balance/equity high.

Three Steps
No
No
Max Allocation
300,000
600,000
Maximum Accounts

Labs 247: maximum 5 accounts per user. These accounts are separate from the standard capital allocation.
Labs 003 Infinity: maximum 3 accounts per user, outside standard allocation caps.

Multiple accounts are allowed. Eligible traders may combine them up to USD 600,000 in active allocation.

Merge Accounts
Yes

A Master account can only be merged with another Master account from the same evaluation model.

Merging accounts is not supported in the FundingPips Zero Model.

  • Prime (existing accounts only): any Prime accounts can merge, regardless of the originating model. Request through the dashboard; the resulting account takes the higher of the two scale-up levels. Merged size respects the $2M maximum.
Limited

Eligible accounts may be combined up to USD 600,000. Instant accounts cannot be combined with Direct Funding.

Maximum Trading Days

Labs 247: 6 months for the Evaluation phase and a separate 6-month period for the Master account.
Labs 003 Infinity: separate 6-month windows for Evaluation and Master.

No time limit.

Minimum Trading Days

New purchases and resets from 28 September 2026:

  • 2-Step Standard: 3 trading days per evaluation phase; no minimum with the 3% daily-loss configuration
  • 2-Step Pro: no minimum trading days
  • 1 Step Flex: no minimum trading days
  • 2-Step Flex: 1 trading day per phase on the standard reward configuration; the alternative configuration requires profitable days
  • Labs 247: no minimum trading days
    Earlier purchases retain their legacy conditions.

1-Step: 3 evaluation days and 4 profitable days of at least 0.5% for payout. 2-Step: none in evaluation and 4 on the PineX Account. Instant PineX: 5 days of at least 0.5%. Instant Elite: 6 days of at least 0.5%.

Monthly Competition
Yes

Participant Limit: Up to 50,000 participants. Registration closes once full.

Prizes

  • 1st: 100K Evaluation + $1,500
  • 2nd: 100K Evaluation + $1,200
  • 3rd: 100K Evaluation + $1,000
  • 4th: 100K Evaluation
  • 5th: 50K Evaluation
  • 6th–10th: 25K Evaluation
  • 11th–20th: 10K Evaluation
  • Bonus Prize: 13 random participants (ranked 4th–1000th) receive $100 each.

Rules

  • Max loss: 10%
  • Daily loss: 5%
  • No EAs
  • No exploiting unrealistic demo fills
  • One account per person
No data
Minimum Profitable Days

Zero: Minimum of 7 days with 0.25% profit or more by the end of each 30-day period. Failure to meet this requirement will result in a rule violation.

  • Monthly reward cycle (1 Step Flex, 2-Step Standard, 2-Step Pro, 2-Step Flex): 7 profitable days per cycle, each with at least 0.5% of the starting Master account size; the count resets after each reward
  • 2-Step Flex alternative reward configuration: 3 profitable days per evaluation phase and per Bi-Weekly Master reward cycle, each with at least 0.5% of the starting account size
No data
Points Reward Program
No data

PineX Points: 1 point per euro spent, redeemable for accounts, add-ons, discounts and rewards.

Expert Advisor (EA)
Yes

Default rule (third-party EAs): Permitted ONLY when used strictly as a trade or risk manager. Any other use of a third-party EA = denial of evaluation/reward and account closure.

Personal EA Exception
Full automation allowed only with proof of ownership of the EA code.

Account-type exceptions

  • 1K Instant Account: third-party EAs and trade copiers permitted (full automation OK).
  • Monthly Competition: ALL EAs prohibited (including personal with proof).
No

EAs, bots, scripts and tools that automatically open, close or manage trades are not allowed.

VPN
Yes
Limited

The firm expressly discourages VPN or VPS use and prohibits sharing devices or access credentials.

Hedging
No
No
Requires Stop Loss
No
No

A stop loss is not mandatory, but exposure above 10 times the starting capital with more than 50% of trades lacking an SL may be treated as abuse.

Scalping
Yes
Limited

Scalping is allowed, but Quick Strike/HFT, extremely short holding times and mass order activity are prohibited.

Stacking / Layering (DCA)
Yes
Limited

A maximum of two simultaneous open positions in the same market and direction within one trade idea.

Maximum Risk Limit
Yes

There is a limit on simultaneous open lots:

  • $5K–$10K: no limit
  • $25K: 10 lots
  • $50K: 20 lots
  • $100K or more (including merged accounts): maximum 40 lots

Penalties

  • 1st violation: warning
  • 2nd violation: removal of excess profits, reward reduced to 30%, and account closure

1 Step Flex, 2-Step Flex, 2-Step Pro and 2-Step Standard

Risk Per Trade Idea and the Striking System are removed in Evaluation and Master for new purchases from 28 September 2026. Earlier purchases retain their legacy conditions.

Limited

Instant PineX: maximum 2% of starting capital per trade idea. Instant Elite: maximum 1% floating loss. No fixed per-trade percentage applies on 1-Step or 2-Step, but the general excessive-risk rules still apply.

Copy Trading
Yes

Permitted

  • Copying trades between your own FundingPips accounts (registered under same individual).
  • Using your FundingPips account as MASTER to copy to external accounts (as slave).

Prohibited

  • Copying between FundingPips accounts of different users.
  • Coordinated trading across master accounts not owned by same individual.
  • Inbound copy trading (external source as master, FundingPips as slave).
  • Third-party account management (immediate termination).
No

Mirroring, third-party executed signals and copying between accounts are prohibited.

News Trading
Yes

Evaluation Stage (1 Step, 2 Step Standard, 2 Step Flex, 2 Step Pro)
No restrictions on holding trades during news events. Purposely trading news = account closure.

Master Account (1 Step, 2 Step Standard, 2 Step Flex, 2 Step Pro)
Trades opened/closed within 5 minutes before/after a high-impact (red folder) news event have their FULL profit deducted, UNLESS the trade was executed 5+ hours before the event.
Speech window: 5 min before speech start to 5 min after speech end.

FundingPips Zero
HARD BREACH if any position is opened/closed/held within 10 minutes before/after a high-impact news event on affected currencies.
Speech window: 10 min before speech start to 10 min after speech end.

Labs 247
Evaluation: news trading is allowed on every instrument.
Master: profits may be deducted from trades opened or closed 5 minutes before or after high-impact news affecting the corresponding currency. For high-impact speeches, the window runs from 10 minutes before the speech begins until 10 minutes after it ends. Trades opened at least 5 hours before the event are exempt.
Labs 003 Infinity
Evaluation: news trading allowed. Master: profits on trades within 5 minutes before or after high-impact news or speeches are deducted.

No

Positions on the affected instrument cannot be opened or closed during the 5 minutes before and after red-folder news. Automatic SL or TP closures also count.

Inactivity Rule

30 consecutive days without completed trades results in hard breach. Applies to all account types including Master accounts.

The account is considered breached after 30 calendar days without opening and closing at least one trade.

Consistency Rule
Yes
  • On Demand (2-Step Standard): no single trading day may account for more than 35% of total profit
  • Monthly (1 Step Flex, 2-Step Standard, 2-Step Pro, 2-Step Flex): 35% consistency score, reset after each reward
  • Bi-Weekly (FundingPips Zero): 15% consistency score; the biggest losing day cannot exceed the biggest winning day
  • Bi-Weekly (1 Step Flex and 2-Step Flex): no consistency score
  • Profit Concentration Policy: removed for new purchases from 28 September 2026; qualifying legacy accounts retain their existing conditions
  • Labs 247: no consistency rule in Evaluation or Master
    Labs 003 Infinity: no consistency rule.
Limited

Instant PineX applies a 20% rule: the best day must represent less than 20% of the period's profit. 1-Step, 2-Step and Instant Elite have no consistency rule.

Hold Weekend
Yes

1 Step Flex, 2-Step Standard, 2-Step Pro and 2-Step Flex
Evaluation: overnight and weekend holding allowed on all instruments.
Master: overnight and weekend holding require the Swing add-on selected at purchase. Without Swing, positions are automatically closed each trading day; this is not an account breach and does not count as a valid trading day.

FundingPips Zero
Weekend holding is a hard breach on Master accounts. Close all positions before Friday market close, including crypto.

Prime (existing accounts only)
Weekend holding allowed.

Labs 247
Trading and weekend holding allowed 24/7 in Evaluation and Master.
Labs 003 Infinity
No weekend holding in Evaluation or Master. Overnight holding is allowed in Evaluation. Master positions close automatically at day end without breaching the account.

Limited

Allowed on Instant PineX and Instant Elite. Not allowed on 1-Step or 2-Step.

Prohibited Strategies
  • Gap trading
  • High-frequency trading
  • Server spamming
  • Latency arbitrage
  • Toxic trading flow
  • Hedging
  • Long-short arbitrage
  • Reverse arbitrage
  • Tick scalping
  • Server execution
  • Opposite account trading

Hedging and inverse trading; copy trading and account sharing; martingale, grids and recovery systems; excessive or all-in risk; more than two positions in the same trade idea; extreme margin usage; Quick Strike/HFT; arbitrage and latency abuse; account rolling; EAs and automated tools.

Martingale
No data
No
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