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Comparison · Forex

How much freedom you get at PineX Capital and The5ers

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Time limits

Trading at these firms means you cannot simply "set and forget" your accounts. Both PineX Capital and The5ers impose a 30-day inactivity rule; if you fail to open and close at least one trade within a month, your account is terminated.

Furthermore, you are not free to withdraw profits whenever you feel like it. PineX restricts your first payout by requiring at least 3 evaluation days and 4 profitable days (with at least 0.5% gain) on 1-Step accounts, or 5 to 6 days on Instant accounts. The5ers also prevents early exits by requiring a minimum of 3 profitable days (+0.5%) before you can pass the High Stakes or ProGrowth evaluations.

Weekends and news

Operational freedom is heavily restricted during high-volatility periods and market closes.

  • PineX Capital prohibits you from holding positions over the weekend on their 1-Step and 2-Step evaluations. They also enforce a strict "no-fly zone" around red-folder news: you cannot open or close trades (including SL/TP triggers) within 5 minutes before or after the event.
  • The5ers is more lenient regarding weekends (holding is allowed), but they restrict your freedom during news specifically on the High Stakes program, where you cannot open or close orders 2 minutes before or after the release. On other programs like Hyper-Growth or Bootcamp, news "bracketing" (placing pending orders on both sides) is strictly forbidden.

Where you can trade from

Your geographic location and technical setup are subject to strict filters.

  • PineX Capital expressly discourages the use of VPNs or VPS, and you are forbidden from sharing devices or access credentials. They block residents from 20 countries, including the Russian Federation, Ukraine, North Korea, and Venezuela.
  • The5ers has a much longer list of prohibited jurisdictions (over 30), including Afghanistan, Russia, and even their own home base, Israel. They also restrict your technical freedom by prohibiting the use of Expert Advisors (EAs) without ownership of the source code.

What the platform limits

The choice of tools and strategies is where these firms impose their heaviest "no-go" zones.

  • PineX Capital is a restricted environment for automated traders: EAs, bots, scripts, and any automated management tools are completely banned. You are also limited by a "stacking" rule: you cannot have more than two simultaneous positions in the same market and direction for a single trade idea.
  • The5ers allows EAs but limits your freedom as you scale. Once you manage $500,000 or more across all accounts, you are no longer allowed to copy trades between them. They also forbid specific styles like tick scalping, arbitrage, and "one-sided" trading strategies.

What the rules cost you

Price acts as a barrier to how many attempts you can afford, and risk rules limit your operational breathing room.

  • At PineX Capital, the price of a 100K 2-Step account (approx. €548) is the cost of your first mistake. Your profit potential is also "caged" initially: the first two payouts are strictly limited to 10% of the account size or an absolute maximum of $10,000.
  • At The5ers, the cost of rules is reflected in payout caps. For instance, on a $100K High Stakes account, you are limited to a $4,000 payout cap per cycle. On the Summer 2-Step $100K, the cap is even tighter at $2,000 per withdrawal. Risk-wise, the Bootcamp program is the most restrictive, forcing a mandatory Stop Loss on every trade within three minutes of opening.

Restrictions that add up

The combined effect of these limits creates a high-pressure environment. At PineX Capital, the inability to use EAs combined with the 5-minute news ban and the weekend closure rule means you must be a manual, intraday trader who is constantly monitoring the economic calendar; you cannot automate your safety.

At The5ers, the restriction is felt in the "payout ceiling." Even if you have a stellar month, the cycle caps on High Stakes and Summer accounts prevent you from withdrawing your full earnings immediately, forcing you to keep capital at risk within their environment for longer periods.

Frequently asked questions

Which firm is more restrictive for automated trading, PineX Capital or The5ers?

PineX Capital is significantly more restrictive as it completely prohibits the use of EAs, bots, scripts, and automated tools. In contrast, The5ers allows the use of EAs, provided the trader owns the source code and does not exceed a $500,000 allocation when copy-trading between accounts.

Which firm imposes more limits on news trading, PineX Capital or The5ers?

PineX Capital imposes a wider restricted window, banning any trade activity (including SL/TP closures) 5 minutes before and after red-folder news. The5ers only applies news restrictions to its High Stakes program with a narrower 2-minute window, though it forbids news "bracketing" across all its programs.

Who makes you wait longer for the first payout, PineX Capital or The5ers?

PineX Capital requires a 21-day market cycle (14 with an add-on) and a minimum of 4 profitable days. The5ers requires a 14-day waiting period after account activation for the first withdrawal, and subsequent withdrawals are available every 2 weeks, provided a minimum profit (e.g., $150–$500 depending on the size) is reached.

Which firm has more geographic restrictions, PineX Capital or The5ers?

The5ers has a more extensive list of banned countries, including over 35 jurisdictions such as Israel, Palestine, and several regions in Ukraine (Crimea, Donetsk, etc.). PineX Capital lists 20 banned countries, including the Russian Federation and Venezuela, but its list is shorter than that of The5ers.

Field by field

PineX Capital and The5ers, side by side

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

Head to head

57 differences

10%off · Exclusive
Headquarters

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

14 Haroshet st, Raanaa, Israel

CEO

Arlind I.

Saul Lokier

Country

United Arab Emirates / Saint Lucia

Israel

Foundation

2024

2016

Banned Countries
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
Afghanistan, Belarus, Burundi, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Donetsk, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Kherson, Laos, Lebanon, Liberia, Libya, Luhansk, Myanmar, North Korea, Palestinian Territory, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Vanuatu, Venezuela, Yemen, Zaporizhzhia
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Indices, Commodities, Crypto, Stocks
Refund
Limited

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

Yes

High Stakes: Full refund after passing evaluation.

  • Summer 1-Step: 10% of the evaluation fee in Hub Credits once funded.
  • Summer 2-Step: 10% Hub Credits after Step One, 20% after Step Two, and 70% fee refund with the third payout.
Payout Fee

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

  • Rise: 3.5% per withdrawal
  • Crypto: 3.5% per withdrawal
  • Bank Transfer: 3.5% + any fees charged by the receiving bank
  • Hub Credits: no commission
Platforms
Metatrader 5, TradeLocker
MetaTrader 5, cTrader, TradingView
Payout Methods
Transfer, Crypto, Rise
Rise, Transfer, Crypto
Payment Methods
Card, Crypto
Card, Transfer, Crypto, GooglePay, ApplePay, PayPal
Payout Frequency

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

  • First withdrawal: 14 days after your funded account is activated.
  • Subsequent withdrawal requests: Every 2 weeks from your last approved withdrawal.
  • High Stakes Program: Withdrawals available once a minimum profit of $150 has been reached, subject to the 14-day waiting period.
Maximum Withdrawal

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.

Crypto: $1,500

  • High Stakes $50K: $3,000 payout cap per cycle.
  • High Stakes $100K: $4,000 payout cap per cycle.
  • Summer $50K (1-Step and 2-Step): $1,000 payout cap per withdrawal.
  • Summer $100K (1-Step and 2-Step): $2,000 payout cap per withdrawal.
  • Summer 2-Step $200K: $3,000 payout cap per withdrawal.
Minimum Withdrawal

USD 100 via crypto; USD 300 via bank transfer.

  • High Stakes $2.5K-$25K: $150
  • High Stakes $50K: $300
  • High Stakes $100K: $500
  • Summer Plan: $250
Brokers
No data

Liquidity Provider

Demo Account
No data
Metatrader 5
ID2324783Passwordinvestor5ersServerFivePercentOnline-Real
Crypto Weekend Trading
No data
Yes
Forex

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

  • High Stakes: 100:1
  • Hyper-Growth: 30:1
  • ProGrowth: 30:1
  • Bootcamp: 30:1
Metals

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

  • High Stakes: 25:1
  • Hyper-Growth: 25:1
  • ProGrowth: 25:1
  • Bootcamp: 25:1
Energies

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

  • High Stakes: 5:1
  • Hyper-Growth: 1.5:1
  • ProGrowth: 1.5:1
  • Bootcamp: 1.5:1
Indices

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

  • High Stakes: 25:1
  • Hyper-Growth: 25:1
  • ProGrowth: 25:1
  • Bootcamp: 25:1
Stocks

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.

No data
Crypto

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

  • High Stakes: 2:1
  • Hyper-Growth: 0.6:1
  • ProGrowth: 0.6:1
  • Bootcamp: 0.6:1
Forex
0
4 / lot
Metals
0
0
Energies
0
0
Indices
0
0
Stocks
0
No data
Crypto
No data
0
Commission-Free Option
No data
No
Swap Free
Yes
Yes

The5ers do offer Swap Free accounts on theFunded stage, reach out via support chat or email help@the5ers.com to request yours.

Add-ons
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%.

No
Instant
Yes
No
One Step
Yes
Yes
Account scaling
Yes

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

Yes

Hyper-Growth:

Account Balance Balance Target (10%) Payout Ratio
$20,000 $2,000 50%/50%
$40,000 $4,000 75%/25%
$80,000 $8,000 75%/25%
$160,000 $16,000 75%/25%
$320,000 $32,000 75%/25%
$640,000 $64,000 80%/20%
$1,280,000 $128,000 80%-100%
$4,000,000 NA 80%-100%

 

High Stakes & ProGrowth:

Account Balance Balance Target (10%) Payout Ratio
HS - $5,000 $5,500 80%/20%
$7,500 $8,250 80%/20%
HS- $10,000 $11,000 80%/20%
$12,500 $13,750 80%/20%
$15,000 $16,500 80%/20%
HS- $20,000 $22,000 80%/20%
$30,000 $33,000 80%/20%
$40,000 $44,000 80%/20%
$50,000 $55,000 80%/20%
HS- $60,000 $66,000 80%/20%
$70,000 $77,000 80%/20%
$80,000 $88,000 80%/20%
HS- $100,000 $110,000 80%/20%
$125,000 $137,500 80%/20%
$150,000 $165,000 80%/20%
$175,000 $192,500 85%/15%
$200,000 $220,000 85%/15%
$250,000 $275,000 90%/10%
$300,000 $330,000 90%/10%
$350,000 $385,000 100%/0% + $4,000 pago fijo*
$400,000 $440,000 100%/0% + $4,000 pago fijo*
$450,000 $495,000 100%/0% + $4,000 pago fijo*
$500,000 X 100%/0% + $10,000 pago fijo*

 

Bootcamp:

Account Balance Maximum Loss (4%) Profit Target (5%) Payout Ratio
Start $20k $800 $1,000 50/50
$25k $1,000 $1,250 75/25
$30k $1,200 $1,500 75/25
$40k $1,600 $2,000 75/25
$50K $2,000 $2,500 75/25
$60K $2,400 $3,000 75/25
$80K $3,200 $4,000 75/25
$100K $4,000 $5,000 75/25
Start $100k $4,000 $5,000 50/50
$125k $5,000 $6,250 75/25
$150k $6,000 $7,500 75/25
$175K $7,000 $8,750 75/25
$200K $8,000 $10,000 75/25
Start $250K $10,000 $12,500 50/50*
$275K $11,000 $13,750 75/25
$300K $12,000 $15,000 75/25
$350K $14,000 $17,500 75/25
$400K $16,000 $20,000 75/25
$500K $20,000 $25,000 75/25
$750K $30,000 $37,500 75/25
$1M $40,000 $50,000 75/25
$1.5M $60,000 $75,000 75/25
$2M $80,000 $100,000 80/20
$2.5M $100,000 $125,000 100/0
$3M $120,000 $150,000 100/0
$3.5M $140,000 $175,000 100/0
$4M $160,000 $200,000 100/0

 

Summer Plan $100K:

Account Balance Balance Target (10%) Payout Ratio
$100,000 $10,000 75%/25%
$125,000 $12,500 75%/25%
$150,000 $15,000 75%/25%
$175,000 NA 75%/25%

The $200,000 Summer 2-Step does not scale; its balance remains fixed at $200,000.

Two Steps
Yes
Yes
Max Drawdown

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.

Balance-based

Profit Split

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

Bootcamp and Hyper-Growth: Starts at 50%. It grows up to 100% through scaling
High Stakes and ProGrowth: Starts at 80%. It grows up to 100% through scaling
Summer 1-Step: 75%/25% (fixed across scaling tiers, limited-time)
Summer 2-Step: 80%/20% (fixed, limited-time; the $200K does not scale)

Daily Drawdown

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

Highest balance or equity recorded at the end of the day (EOD high-watermark).

Daily pause (only Bootcamp): The 3% daily pause applies only to funded accounts. Traders can continue trading the very next day at 00:00 MT5 Server Time.

ProGrowth: 3% daily loss (highest between starting equity or starting balance of the day at MT5 Server Time). No daily pause.

Summer Plan: The EOD calculation uses the higher of balance or equity. Reaching the daily loss limit permanently terminates the account.

Three Steps
No
Yes
Max Allocation
600,000

High Stakes

  • Up to 3 accounts on each of the $2.5K, $5K, and $10K sizes (10% / 5%)
  • One account of either $10K or $20K
  • One account of either $60K or $100K

ProGrowth

3 accounts max, one of each size ($5K, $10K, and $20K).

Hyper-Growth

$40,000. (eg. you can have 4 X $10K, or 2 X $20K accounts all adding to the max starting capital of $40K)

Bootcamp

3 accounts (one $250K account + two $100K accounts). Each account must have a different trading method.

Summer Plan

Up to 6 active accounts. Two accounts may be purchased together.

Maximum aggregate buying power: $600,000 per trader.

  • Up to one $200K 10/5 account and one $200K 8/5 account at the same time.
  • Both $200K accounts total $400K, leaving up to $200K for additional $100K Summer Plan accounts.
  • $50K: up to two accounts of each type (1-Step, 2-Step 10/5 and 2-Step 8/5), within the $600,000 cap.
Maximum Accounts

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

No data
Merge Accounts
Limited

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

No
Maximum Trading Days

No time limit.

Unlimited

Minimum Trading Days

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%.

No data
Points Reward Program

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

Hub Credits are used to purchase new programs and are valid for 3 months.

They can be earned through weekly competitions, progress in the High Stakes program, or live stream giveaways.

Free Trial
No data
No
Monthly Competition
No data
No
Minimum Profitable Days
No data

High Stakes: 3 days to pass evaluation (+0.5%)
ProGrowth: 3 profitable days (+0.5% of initial balance)

Expert Advisor (EA)
No

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

Yes
VPN
Limited

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

Yes
Hedging
No
No
Requires Stop Loss
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.

No
  • Hyper-Growth, ProGrowth and High Stakes: Not mandatory
  • Bootcamp: Mandatory. You are not permitted to expose more than 2% of your starting account balance to risk, and the stop-loss must be placed within three minutes of opening any trade.
Scalping
Limited

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

Yes
Stacking / Layering (DCA)
Limited

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

Yes
Martingale
No
No data
Maximum Risk Limit
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.

Yes

Bootcamp: Risking more than 2% of the account balance in a single position will be considered a risk violation.

Copy Trading
No

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

Yes

If you have multiple Bootcamp accounts, they will need to be traded with different strategies

When managing $500,000 or more including all your accounts, you are not allowed copy trades between accounts anymore

News Trading
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.

Yes
  • Hyper-Growth, ProGrowth and Bootcamp: Allowed (except bracketing)
  • High Stakes: Not allowed to open/close orders 2 minutes before/after the release (profit deduction only)
Inactivity Rule

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

30 days

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.

Limited
  • Summer 1-Step: 50% consistency in Evaluation and Funded Trader stages.
  • Summer 2-Step: no consistency rule in Evaluation.
    • $100K funded accounts: 50% applies to profits used for withdrawals or scale-up.
    • $200K funded accounts: 50% applies to profits used for withdrawals; these accounts do not scale.
Hold Weekend
Limited

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

Yes
Prohibited Strategies

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.

  • Arbitrage Trading
  • High-Frequency Trading (HFT)
  • Bulk Trading
  • News Bracketing Strategy
  • Exploitation of System Errors or Price Glitches
  • Trade Coordination / Copy Trading
  • One-Sided Trading Strategies
  • Rollover Night Scalping Using Expert Advisors
  • Third-Party Expert Advisors (Copy Trading EAs)
  • Use of Expert Advisors Without Source Code Ownership
  • Tick Scalping
  • Hedge Arbitrage Trading
  • Reverse Arbitrage Trading
  • Account Sharing or Account Reselling
  • Account Management Services / "Pass Your Challenge" Services
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