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PineX Capital rules: drawdown, daily loss and reset time

PineX Capital has 5 programs with verified rules, and the maximum loss is static on 2 and intraday trailing on 3. The daily loss limit resets at 00:00 Berlin time (CET/CEST) on every program. The table for each program below gives the profit target, daily loss limit and maximum loss, with the verification date and the firm's own source.

Verified on September 12, 2026 against PineX Capital’s own rules: help.pinexcapital.com/en/articles/15945735-1-step-challenge, help.pinexcapital.com/en/articles/15895986-2-step-challenge, help.pinexcapital.com/en/articles/15948051-instant-funding-pinex. Consistry re-reads every firm’s pages weekly.

PineX Capital rules by program

PineX Capital 1-Step

Verified September 12, 2026 · source

PineX Capital 1-Step: a 9% profit target, a 3% daily loss limit that resets at 00:00 Berlin time (CET/CEST), and a 6% static maximum loss.

PineX Capital 1-Step limits
Phase	Profit target	Daily loss limit	Maximum loss	Maximum loss type
Rules	9%	3%	6%	Static

Daily reset: The daily loss limit resets at 00:00 Berlin time (CET/CEST).
Daily loss calculation: The limit is 3% of the day's opening balance or equity.
Maximum loss: The maximum loss is 6%, static: a fixed floor below the starting balance that never moves.
Minimum trading days: 3 minimum trading days to pass, then 4 days of +0.5% before a payout.
Consistency rule: No consistency rule.
News trading: Restricted: no opening or closing trades within 5 minutes of high-impact releases. Breaking it fails the account. Red-folder events only, on the instruments they affect: no opening or closing, stop-loss, take-profit and pending fills included, from 5 minutes before to 5 minutes after the release; a breach closes the account. A position opened before and closed after the window is fine. Tentative events: stay out until released; an all-day event blocks the whole day. Direct Funding's news & weekend add-on lifts the rule; the Pay Later evaluation phase is unrestricted. source

Program notes. 9% target; 3% daily = 3% of the higher of balance/equity at 00:00 CET (the rulebook; two help articles say 0:00 UTC); 6% static max. 3 minimum trading days to pass, then 4 days of +0.5% before a payout. No consistency rule and no per-trade loss limit, but PineX can impose a 1% risk-per-idea restriction on a trader account it considers too risky. News: no opening or closing within 5 minutes of red-folder releases, breach closes the account. No weekend holding (Fri 22:00–Sun 22:00 UTC). At most two open positions per trade idea; EAs not allowed; gap trading within 2 hours of a market open/close prohibited. Prices converted from euros.

PineX Capital 2-Step

Verified September 12, 2026 · source

PineX Capital 2-Step: 8% then 5% profit targets, a 4% daily loss limit that resets at 00:00 Berlin time (CET/CEST), and a 10% static maximum loss.

PineX Capital 2-Step limits
Phase	Profit target	Daily loss limit	Maximum loss	Maximum loss type
Phase 1	8%	4%	10%	Static
Phase 2	5%	4%	10%	Static

Daily reset: The daily loss limit resets at 00:00 Berlin time (CET/CEST).
Daily loss calculation: The limit is 4% of the day's opening balance or equity.
Maximum loss: The maximum loss is 10%, static: a fixed floor below the starting balance that never moves.
Minimum trading days: No minimum trading days in either phase, 4 before a payout.
Consistency rule: No consistency rule.
News trading: Restricted: no opening or closing trades within 5 minutes of high-impact releases. Breaking it fails the account. Red-folder events only, on the instruments they affect: no opening or closing, stop-loss, take-profit and pending fills included, from 5 minutes before to 5 minutes after the release; a breach closes the account. A position opened before and closed after the window is fine. Tentative events: stay out until released; an all-day event blocks the whole day. Direct Funding's news & weekend add-on lifts the rule; the Pay Later evaluation phase is unrestricted. source

Program notes. Phase 1 8%, phase 2 5%; 4% daily = 4% of the higher of balance/equity at 00:00 CET (the rulebook; two help articles say 0:00 UTC); 10% static max. No minimum trading days in either phase, 4 before a payout. No consistency rule and no per-trade loss limit, but PineX can impose a 1% risk-per-idea restriction on a trader account. News: no opening or closing within 5 minutes of red-folder releases, breach closes the account. No weekend holding. At most two open positions per trade idea; EAs not allowed. Prices converted from euros.

PineX Capital Instant Funding

Verified September 12, 2026 · source

PineX Capital Instant Funding: no profit target, a 3% daily loss limit that resets at 00:00 Berlin time (CET/CEST), and an 8% intraday trailing maximum loss that keeps rising with new highs and has no lock point.

PineX Capital Instant Funding limits
Phase	Profit target	Daily loss limit	Maximum loss	Maximum loss type
Rules	None	3%	8%	Intraday trailing

Daily reset: The daily loss limit resets at 00:00 Berlin time (CET/CEST).
Daily loss calculation: The limit is 3% of the starting account size.
Maximum loss: The maximum loss is 8%, trailing: it follows the peak and it is recalculated on every tick. It is a percentage of the peak. It has no lock point and keeps rising with every new high.
Minimum trading days: Not recorded in the verified rules.
Consistency rule: Yes, a 20% best-day rule. 20% best-day consistency gates payouts.
News trading: Restricted: no opening or closing trades within 5 minutes of high-impact releases. Breaking it fails the account. Red-folder events only, on the instruments they affect: no opening or closing, stop-loss, take-profit and pending fills included, from 5 minutes before to 5 minutes after the release; a breach closes the account. A position opened before and closed after the window is fine. Tentative events: stay out until released; an all-day event blocks the whole day. Direct Funding's news & weekend add-on lifts the rule; the Pay Later evaluation phase is unrestricted. source

Program notes. Instant account: 8% max loss trailing the highest balance/equity (reset after each payout; not stated to stop, so it keeps trailing here). ⚠️ The 3% daily limit TRAILS each new intraday high, we track the daily limit from the day's start, so after a gain in the day your real daily floor sits HIGHER than the one shown. 2% max loss per trade idea. 20% best-day consistency gates payouts; 5 trading days of +0.5% before a payout. Weekend holding allowed; news: no opening or closing within 5 minutes of red-folder releases. Prices converted from euros.

PineX Capital Instant Funding Elite

Verified September 12, 2026 · source

PineX Capital Instant Funding Elite: no profit target, a 3% daily loss limit that resets at 00:00 Berlin time (CET/CEST), and a 6% intraday trailing maximum loss that keeps rising with new highs and has no lock point.

PineX Capital Instant Funding Elite limits
Phase	Profit target	Daily loss limit	Maximum loss	Maximum loss type
Rules	None	3%	6%	Intraday trailing

Daily reset: The daily loss limit resets at 00:00 Berlin time (CET/CEST).
Daily loss calculation: The limit is 3% of the starting account size.
Maximum loss: The maximum loss is 6%, trailing: it follows the peak and it is recalculated on every tick. It is a percentage of the peak. It has no lock point and keeps rising with every new high.
Minimum trading days: Not recorded in the verified rules.
Consistency rule: No consistency rule.
News trading: Restricted: no opening or closing trades within 5 minutes of high-impact releases. Breaking it fails the account. Red-folder events only, on the instruments they affect: no opening or closing, stop-loss, take-profit and pending fills included, from 5 minutes before to 5 minutes after the release; a breach closes the account. A position opened before and closed after the window is fine. Tentative events: stay out until released; an all-day event blocks the whole day. Direct Funding's news & weekend add-on lifts the rule; the Pay Later evaluation phase is unrestricted. source

Program notes. Instant account: 6% max loss trailing the highest equity (reset after a payout; not stated to stop, so it keeps trailing here). ⚠️ The 3% daily limit TRAILS each new intraday high, we track it from the day's start, so after a gain your real daily floor is higher than shown. A 1% floating loss across all open positions closes the account outright. 6 trading days of +0.5% before a payout; no consistency rule. No weekend holding; news: no opening or closing within 5 minutes of red-folder releases. Prices converted from euros.

PineX Capital Direct Funding

Verified September 12, 2026 · source

PineX Capital Direct Funding: no profit target, a 4% daily loss limit that resets at 00:00 Berlin time (CET/CEST), and a 10% intraday trailing maximum loss that keeps rising with new highs and has no lock point.

PineX Capital Direct Funding limits
Phase	Profit target	Daily loss limit	Maximum loss	Maximum loss type
Rules	None	4%	10%	Intraday trailing

Daily reset: The daily loss limit resets at 00:00 Berlin time (CET/CEST).
Daily loss calculation: The limit is 4% of the day's opening balance or equity.
Maximum loss: The maximum loss is 10%, trailing: it follows the peak and it is recalculated on every tick. It sits a fixed distance behind the peak. It has no lock point and keeps rising with every new high.
Minimum trading days: 7 minimum trading days.
Consistency rule: No consistency rule.
News trading: Restricted: no opening or closing trades within 5 minutes of high-impact releases. Breaking it fails the account. Red-folder events only, on the instruments they affect: no opening or closing, stop-loss, take-profit and pending fills included, from 5 minutes before to 5 minutes after the release; a breach closes the account. A position opened before and closed after the window is fine. Tentative events: stay out until released; an all-day event blocks the whole day. Direct Funding's news & weekend add-on lifts the rule; the Pay Later evaluation phase is unrestricted. source

Program notes. Funded from day one: 10% max loss a fixed dollar distance behind your high. PineX locks it at −5% of the start once you are +5%; we keep trailing past that point, so the floor shown can only sit above theirs. No reset after a payout. 4% daily = 4% OF the higher of balance/equity at 00:00 CET (it shrinks after a losing day). 2% max loss per symbol per trade idea. 7 minimum trading days; no consistency rule. News trading and weekend holding prohibited unless the add-on was bought. Prices converted from euros.

What PineX Capital says

These sentences are copied from PineX Capital’s own pages and stored next to the numbers above. Each links to the page it came from.

Maximum loss type · PineX Capital 1-Step

“It amounts to 6 % of the original starting capital and remains fixed (static) — it does not move up as your account balance grows.”

Source: help.pinexcapital.com/en/articles/15945735-1-step-challenge

Maximum loss · PineX Capital 1-Step

“The maximum drawdown is the total amount below which your balance or equity must not fall.”

Source: help.pinexcapital.com/en/articles/15945735-1-step-challenge

Daily loss limit · PineX Capital 1-Step

“The daily drawdown limits the maximum loss within a single trading day to 3 %. It is static, meaning it does not move along with your intraday equity but is fixed for the trading day.”

Source: help.pinexcapital.com/en/articles/15945735-1-step-challenge

Maximum loss type · PineX Capital 2-Step

“For the 2-Step Challenge it is 10 % of the original starting capital and remains fixed (static) — it does not move up as your account balance grows.”

Source: help.pinexcapital.com/en/articles/15895986-2-step-challenge

Maximum loss · PineX Capital 2-Step

“The maximum drawdown is the total amount below which your balance or equity must not fall.”

Source: help.pinexcapital.com/en/articles/15895986-2-step-challenge

Daily loss limit · PineX Capital 2-Step

“At 00:00 CET, a new daily drawdown limit is calculated. This is determined by taking the higher value between your account balance and your equity, and then deducting 4%.”

Source: pinexcapital.com/en/rules

Maximum loss type · PineX Capital Instant Funding

“The maximum drawdown is 8 % trailing. The loss limit is based on the highest account balance reached and moves upwards accordingly as soon as new equity highs are reached.”

Source: help.pinexcapital.com/en/articles/15948051-instant-funding-pinex

Daily loss limit · PineX Capital Instant Funding

“The maximum daily drawdown is 3 % and works on a trailing basis. This means that the daily loss limit moves dynamically with the highest account balance/equity reached during the day.”

Source: help.pinexcapital.com/en/articles/15948051-instant-funding-pinex

Maximum loss type · PineX Capital Instant Funding Elite

“The maximum drawdown is 6 % and operates on a trailing basis. This means the maximum loss limit moves dynamically with the highest account equity reached.”

Source: help.pinexcapital.com/en/articles/16236504-instant-funding-elite

Daily loss limit · PineX Capital Instant Funding Elite

“The maximum daily drawdown is 3 % and works on a trailing basis. This means that the daily loss limit moves dynamically with the highest account balance reached during the day.”

Source: help.pinexcapital.com/en/articles/16236504-instant-funding-elite

Maximum loss type · PineX Capital Direct Funding

“10 % (smart/trailing, locks at +5 %)”

Source: help.pinexcapital.com/en/articles/15896553-direct-funding

Daily loss limit · PineX Capital Direct Funding

“At the daily reset at midnight 0:00 CET, the higher value of your balance or your equity is taken. 4 % is deducted from that value — the result is your daily drawdown limit for the coming day.”

Source: help.pinexcapital.com/en/articles/15896553-direct-funding

PineX Capital rules, questions answered

Does PineX Capital have a trailing drawdown?

PineX Capital 1-Step and PineX Capital 2-Step: No. The maximum loss is static: a fixed floor below the starting balance that never moves. PineX Capital Instant Funding and PineX Capital Instant Funding Elite: Yes. The maximum loss trails the peak. It is recalculated on every tick. It is a percentage of the peak. It has no lock point and keeps rising with every new high. PineX Capital Direct Funding: Yes. The maximum loss trails the peak. It is recalculated on every tick. It sits a fixed distance behind the peak. It has no lock point and keeps rising with every new high.

When does the daily loss limit reset at PineX Capital?

All PineX Capital programs: The daily loss limit resets at 00:00 Berlin time (CET/CEST).

How is the daily loss limit calculated at PineX Capital?

PineX Capital 1-Step: The limit is 3% of the day's opening balance or equity. PineX Capital states: "The daily drawdown limits the maximum loss within a single trading day to 3 %. It is static, meaning it does not move along with your intraday equity but is fixed for the trading day." PineX Capital 2-Step: The limit is 4% of the day's opening balance or equity. PineX Capital states: "At 00:00 CET, a new daily drawdown limit is calculated. This is determined by taking the higher value between your account balance and your equity, and then deducting 4%." PineX Capital Instant Funding: The limit is 3% of the starting account size. PineX Capital states: "The maximum daily drawdown is 3 % and works on a trailing basis. This means that the daily loss limit moves dynamically with the highest account balance/equity reached during the day." PineX Capital Instant Funding Elite: The limit is 3% of the starting account size. PineX Capital states: "The maximum daily drawdown is 3 % and works on a trailing basis. This means that the daily loss limit moves dynamically with the highest account balance reached during the day." PineX Capital Direct Funding: The limit is 4% of the day's opening balance or equity.

Does PineX Capital have a consistency rule?

PineX Capital 1-Step, PineX Capital 2-Step, PineX Capital Instant Funding Elite and PineX Capital Direct Funding: No consistency rule. PineX Capital Instant Funding: Yes, a 20% best-day rule. 20% best-day consistency gates payouts.

What is the minimum number of trading days at PineX Capital?

PineX Capital 1-Step: The program notes state: 3 minimum trading days to pass, then 4 days of +0.5% before a payout. PineX Capital 2-Step: The program notes state: No minimum trading days in either phase, 4 before a payout. PineX Capital Instant Funding and PineX Capital Instant Funding Elite: The verified rules do not record a minimum number of trading days. PineX Capital Direct Funding: The program notes state: 7 minimum trading days.

Can I trade news at PineX Capital?

All PineX Capital programs: Restricted: no opening or closing trades within 5 minutes of high-impact releases. Breaking it fails the account. Red-folder events only, on the instruments they affect: no opening or closing, stop-loss, take-profit and pending fills included, from 5 minutes before to 5 minutes after the release; a breach closes the account. A position opened before and closed after the window is fine. Tentative events: stay out until released; an all-day event blocks the whole day. Direct Funding's news & weekend add-on lifts the rule; the Pay Later evaluation phase is unrestricted.

Tracking PineX Capital rules automatically

Consistry is a trading journal for prop firm traders. It applies these verified PineX Capital limits to your trades and shows the daily room left, the distance to the maximum loss and your progress through each phase, so you do not have to work them out by hand. Logging trades and accounts is free.

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Rules change and firms run promotions. Everything on this page is re-checked weekly and dated, but the account you are trading is the final word: confirm the live numbers in your PineX Capital dashboard before you rely on them.