PineX Capital has launched MetaTrader 5 (MT5) across its prop trading programmes, giving traders more choice over the technology they use during evaluations and while managing PineX Trader Accounts.
The addition of MT5 comes as PineX Capital continues to expand internationally, with the firm stating that more than 20,000 traders are now using its simulated trading programmes.
MetaTrader 5 is widely used across the forex and CFD industry and provides traders with advanced charting, technical analysis tools and a familiar trading environment.
For PineX, the launch is aimed particularly at experienced traders who already use MetaTrader as part of their regular trading routines.
Arlind I, CEO of PineX Capital, said many traders have spent years building their strategies and workflows around MetaTrader, adding that introducing MT5 allows them to use PineX without switching away from a platform they already know.
The MT5 launch forms part of PineX Capital’s broader development of its prop trading offering.
The company currently provides 1-Step and 2-Step Challenges, along with Instant Funding and Pay Later programmes. Account sizes range from $5,000 to $300,000, depending on the selected programme.
Eligible traders can also participate in PineX’s Scaling System, which offers the opportunity to increase simulated trading capital to as much as $2 million.
PineX provides simulated trading across several asset classes, including forex and CFDs on indices, metals, commodities, stocks and cryptocurrencies.
The firm also permits a range of manual trading styles, including day trading, swing trading and scalping, subject to the rules of each individual programme.
PineX said the addition of MT5 supports its wider international expansion beyond its established presence in German-speaking markets, while allowing traders to choose between different programmes, account sizes and trading platforms.
All PineX Trader Accounts operate in a simulated trading environment, meaning no actual orders are executed in financial markets.
MetaTrader 5 is now available to eligible PineX Capital traders, subject to programme rules and geographic restrictions.
