Details About Pinnacle Trader Fx
- Legal Name: The legal name of Pinnacle Trader Fx is The Pinnacle Trader Fx LLC.
- Company Number: The registration number of Pinnacle Trader Fx is 202460510537.
- Country of Registration: Pinnacle Trader Fx is registered in US.
- CEO: The CEO of Pinnacle Trader Fx is not publicly disclosed.
- Support Mail: You can contact Pinnacle Trader Fx at [email protected].
- Phone: The phone number for Pinnacle Trader Fx is not publicly available.
- Payment Modes: Pinnacle Trader Fx supports payments via Crypto.
- Withdrawal Modes: Pinnacle Trader Fx facilitates withdrawals through Rise, Crypto.
- Official Website: Visit the official website of Pinnacle Trader Fx at https://pinnacletraderfx.com.
- Banned Countries: Pinnacle Trader Fx does not allow traders from undisclosed countries.
Challenge Details at Pinnacle Trader Fx
- Types of Challenge:The challenges offered at Pinnacle Trader Fx include One Phase Challenge, Two Phase Challenge.
- Trading Platforms:Pinnacle Trader Fx supports trading on undisclosed platforms.
- Trading Instruments:Traders at Pinnacle Trader Fx can trade Forex, Crypto, Commodities, Indices.
- Broker:The broker associated with Pinnacle Trader Fx is CBT Limited.
- Max Allocation:The maximum allocation provided by Pinnacle Trader Fx is 400,000.
- Scaling:The scaling potential at Pinnacle Trader Fx reaches up to 300,000.
- Trading Competitions:Pinnacle Trader Fx does not organize trading competitions for traders.
- Free Trials:Pinnacle Trader Fx does not offer free trials to its users.
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.
Pinnacle Trader Fx Challenge Account Pricing
One Step Challenge
Pricing
Size: 5000 ($63)
Size: 10000 ($93)
Size: 25000 ($163)
Size: 50000 ($312)
Size: 100000 ($418)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
8%
Daily Loss
4%
Two Step Challenge
Pricing
Size: 5000 ($47)
Size: 10000 ($87)
Size: 25000 ($147)
Size: 50000 ($297)
Size: 100000 ($397)
Size: 200000 ($797)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
8% - 5%
Daily Loss
5%
Frequently Asked Questions
Reviews
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