Company Information

Company Name: Pinnacle Trader FX
Company Legal Name: The Pinnacle Trader FX LLC
Company Registration No.: 202460510537
Operating Since: January 2024
CEO Name: Undisclosed

Challenge Details

One-Step Challenge Details

Pricing:

$5,000 Account: $63
$10,000 Account: $93
$25,000 Account: $163
$50,000 Account: $312
$100,000 Account: $418

Rules:

Profit Target: 8%
Total Loss: 8%
Daily Loss: 4%
Profit Share: Not Mentioned
Drawdown Type: Equity-Based Drawdown
Time Limit: Unlimited
Leverage: 1:100
Max Lot Size: No Limit
Payout Frequency: 30 Days
Allows Copy Trading: Only in the funded phase
Minimum Trading Days: 0 Day

Two-Step Challenge Details

Pricing:

$5,000 Account: $47
$10,000 Account: $87
$25,000 Account: $147
$50,000 Account: $297
$100,000 Account: $397
$200,000 Account: $797

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 10%
Daily Loss: 5%
Profit Share: Not Mentioned
Drawdown Type: Equity-Based Drawdown
Time Limit: Unlimited
Leverage: 1:100
Max Lot Size: No Limit
Payout Frequency: 30 Days
Allows Copy Trading: Only in the funded phase
Minimum Trading Days: 0 Day

Scaling Plan

Pinnacle Trader FX rewards consistent traders with a unique scaling plan. The scaling plan is divided into 4 levels.

Scaling Levels and Requirements

Level 1:
- Traders must have to maintain at least 8% profit in 30 trading days.
- Traders will have to withdraw of two payouts.
Level 2 and 3:
- After Level 1, Traders must have to again maintain at least 8% profit in 30 trading days.
Pinnacle Trader Level:
- After Level 3, Traders will now have to make at least 10% minimum profit for 20 trading days to qualify.
- To retain Pinnacle Trader status, traders must consistently gain 10% every 20 trading days.

Scaling Plan Benefits

Level 1: 10% account increase (e.g., $200K turns into $220K).
Level 2: Additional 10% increase (e.g., $220K turns into $242K).
Level 3: Further 10% increase (e.g., $242K turns into $266,200).
Pinnacle Trader: Account grows from $200K to $300K with a 90% profit split.

Spreads and News Trading Rules

Spreads

Pinnacle Trader FX offers RAW spreads.

News Trading Rules

Pinnacle Trader FX allow traders to trade during news but traders are not allowed to open a new position two minutes before or after a major news event.

Other Important Rules

Daily Drawdown Calculation

Pinnacle Traders FX calculates daily drawdown based on the higher value between equity and balance expressed as a percentage of the day’s starting equity/balance. The drawdown limit changes everyday at 00:00 CE(S)T. The drawdown type used here was Equity based drawdown which means the drawdown limit will increase or decrease as the account balance grows or shrinks.

Countries Banned from Purchasing

Pinnacle Trader FX has not mentioned any list of countries which are banned on their Platform.

Prohibited Trading Strategies

Pinnacle Trader FX only prohibits two trading strategies and these strategies are :-

High-Frequency Trading
Hedging

Payout Methods

Pinnacle Trader FX are not allowed to withdraw their payout by 2 methods :-

Rise
Crypto (for amounts below $500)

Trading Commissions

Trading Commissions charged by Pinnacle Trader FX is as follows :-

$6 commission per standard lot for forex, commodities, and crypto.
Indices are commission-free.

IP Rule

Pinnacle Trader FX has not mentioned any information related to IP Rule on their website.

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