Markets · Volume I 001

Serious capital,
met with stillness.

Not built for everyone. One thousand instruments, held in tier-one segregated custody — nothing delayed, nothing manipulated.

01 Multi-regulated · segregated · audited 02 MT5 · spreads from 0.0 · 24/5
EUR · USD1.08452+0.12
GBP · USD1.26834−0.08
XAU · USD2,334.50+0.34
USD · JPY151.240−0.21
USD · CHF0.90124+0.05
US5005,241.40+0.19
WTI Crude82.340+0.44
BTC · USD67,420+1.22
AUD · USD0.65780−0.15
NZD · USD0.60344+0.07
EUR · USD1.08452+0.12
GBP · USD1.26834−0.08
XAU · USD2,334.50+0.34
USD · JPY151.240−0.21
USD · CHF0.90124+0.05
US5005,241.40+0.19
WTI Crude82.340+0.44
BTC · USD67,420+1.22
AUD · USD0.65780−0.15
NZD · USD0.60344+0.07
Chapter I
The principles

We do not compete
on volume.
We compete on character.

Most brokers are loud because their proposition is thin. Ours is the opposite — a quiet house, built to do fewer things at a higher standard. No synthetic pricing. No order-flow monetisation against the client. No conflict between the firm and the trader on the other side of the quote.

i.

Nothing delayed.
Nothing manipulated.

The price you see is the price that fills. No last look. No requote. No rejection. Thirty microseconds of aggregation across tier-one liquidity, and then the market, as it truly is.

ii.

The spread is the
whole cost.

From zero pips on major pairs, drawn directly from the interbank layer. No markup, no deposit charge, no withdrawal toll. What remains on your ledger is what you keep.

iii.

Capital moves at
the speed you expect.

Over nine-tenths of withdrawals are approved automatically and settled the same day. A banking relationship — not a customer-service hurdle.

The record

Quiet
proof,
not
promises.

Every figure below is drawn from operations — not from a marketing meeting. We believe a broker should be measured the way a watchmaker is measured: by what holds, over time, without adjustment.

10B+
Orders, executed
Ten billion orders filled at institutional-grade uptime, across every condition the market has offered.
Zero
Rejections, requotes
The quote is the trade. No intervention, no re-pricing. This has not changed since the day we began.
92.9%
Automatic withdrawals
The vast majority approved and settled on the same business day. Your money, on your schedule.
Chapter III · On custody

Your capital is
not our capital.

Client funds are held, in full, in segregated accounts at tier-one banks. They are never commingled with operational balances. They are never leveraged to fund the business. Multi-jurisdictional regulation and investor-compensation schemes where applicable are not features of our offering — they are the condition on which this house was built.

Barclays· Deutsche Bank· BNP Paribas· Citi· J.P. Morgan· HSBC
Banking partners · custody & settlement
Chapter IV · The instrument

One platform.
No noise.

MetaTrader 5, delivered without the upsells. Charting, algorithmic trading, full market depth, one synchronised login across every device you own — and nothing on the screen that has not earned its place there.

i.

Charting, as it should be

Twenty-one timeframes, thirty-eight native studies, and room for your own.

ii.

Expert Advisors

Full algorithmic trading via MQL5. Strategy tester included, without condition.

iii.

Depth of market

Level II pricing on every trade. Execution you can verify, not merely accept.

iv.

Everywhere you are

Desktop, web, iOS, Android. One account, perfectly synchronised.

XAU · USD 4H · Live
Bid2,334.50
Ask2,334.52
Δ+0.34
MT5 · Kanex Capital
Chapter V · The prop firm

For those who trade
a larger hand.

A separate room inside the house, for disciplined traders who would rather prove a method than deposit conviction. Pass the evaluation. Trade our capital — up to two million. Keep as much as every last dollar you make.

$2M
Max capital
100%
Top split
$180M+
Paid to traders
48h
Average payout
On beginning

Begin where
others hesitate.

Foreign exchange and contracts for difference carry significant risk. The majority of retail accounts lose money when trading CFDs. Please consider whether you understand the instruments involved, and whether that risk is consistent with your means.

Volume II · Markets

Access,
without limitation.

One thousand instruments, drawn from the markets that actually matter. Currencies, indices, metals, commodities and the largest names in global equity — available from a single account, priced without decoration.

i.
Foreign exchange

Seventy pairs.
One price, honestly quoted.

Majors, minors, and select exotic pairs — drawn from the interbank layer and presented without markup. Leverage up to 1:500 for professional clients. Spreads begin at 0.0 pips on Raw accounts, widening only where the market itself widens.

EUR · USD
0.0 pips
Raw spread
GBP · USD
0.1 pips
Raw spread
USD · JPY
0.1 pips
Raw spread
AUD · USD
0.2 pips
Raw spread
ii.
Equity indices

The shape of
the world economy.

The world's reference indices — American, European, Asian — available from a single ledger. Cash and futures instruments, quoted on spread, with leverage up to 1:200. Trade the direction of an economy, not the calendar of a pit session.

US500
0.5 pts
Typical spread
US30
1.8 pts
Typical spread
NAS100
1.2 pts
Typical spread
GER40
0.9 pts
Typical spread
iii.
Precious metals

Store of value.
Since always.

Spot gold, silver, platinum and palladium — the metals that have outlived every currency ever printed. Quoted to the cent, executed to the microsecond. Leverage up to 1:200. Swap-free variants available for long-held positions.

XAU · USD
0.15 usd
Spot gold
XAG · USD
0.012 usd
Spot silver
XPT · USD
2.30 usd
Platinum
XPD · USD
4.20 usd
Palladium
iv.
Commodities & energy

The raw materials
of real economies.

West Texas and Brent crude, natural gas, soft commodities. Cash and futures instruments, quoted on spread and available across the full trading week. The backbone of global GDP, from a single synchronised account.

USOil
0.03 usd
WTI crude
UKOil
0.04 usd
Brent crude
NGas
0.008 usd
Natural gas
Coffee
0.05 usd
US coffee
v.
Stock CFDs

Six hundred names.
The ones that lead.

The largest listed companies in the United States, Europe and Asia — traded as CFDs, on fractional sizing, with dividend adjustments paid through. Leverage up to 1:20. Ideal for directional conviction without the administrative burden of conventional equity custody.

AAPL
0.08 usd
Apple Inc.
MSFT
0.10 usd
Microsoft
TSLA
0.18 usd
Tesla
NVDA
0.15 usd
NVIDIA
vi.
Digital assets

A new class.
Traded on the same terms.

Bitcoin, Ether, Solana and select altcoin CFDs — available twenty-four hours, seven days. Quoted against the dollar, priced against the underlying spot market. Leverage held deliberately modest, at up to 1:2, to respect the volatility of the class.

BTC · USD
12 usd
Bitcoin
ETH · USD
2.8 usd
Ether
SOL · USD
0.18 usd
Solana
XRP · USD
0.004 usd
Ripple
Conclusion

One account.
Every market.

Volume III · Platform

One terminal.
Nothing in the way.

The professional's choice — MetaTrader 5, refined for our execution layer. Thirty-eight native studies, algorithmic trading via MQL5, full market depth, and a single login across every device you own.

Chapter I · The terminal

The familiar tool,
honestly wired.

MT5 is the industry standard — not by accident, but because it has survived two decades of scrutiny. We deliver it directly onto our aggregated liquidity, without the bolt-on bridges, skew layers or "last-look" modules many brokers insert between the screen and the market.

i.

Twenty-one timeframes

From one-minute to monthly. Tick charts included. Custom composites supported.

ii.

Thirty-eight studies

Native technicals, with room for imported indicators in MQL5.

iii.

Depth of market

Level II pricing visible on every instrument that supports it.

iv.

Integrated news

Reuters-sourced feed, directly in the terminal. No tabs. No second screen required.

EUR · USD1H · Live
Bid1.08452
Ask1.08453
Δ+0.12
MT5 · EUR · USD · 1H
Chapter II
Surrounding tools

Four tools,
deliberately chosen.

Each one earns its place in the client's workflow. Nothing fashionable. Nothing bolted on to justify a subscription tier.

i.

Expert Advisors.
Unconditional.

Full MQL5 compatibility on both evaluation and live accounts. Our Strategy Tester is included — no premium tier, no throttled backtests. Algorithmic execution supported with deterministic, verifiable fill logs.

ii.

Virtual private server.
Complimentary.

For active clients, a dedicated MT5 VPS at our London data centre — free after the third month of consistent activity. Sub-millisecond colocation with our matching engine, for strategies that require proximity.

iii.

Economic calendar.
Inside the terminal.

Refinitiv-sourced, integrated into MT5. Impact ratings, consensus figures, historical revisions. Because trading around news without knowing the calendar is not strategy — it is weather.

iv.

Signal subscriptions.
Optional.

Browse and subscribe to verified signal providers from the MQL5 community — copy-trade at your discretion, with performance verified on a public track record, not a testimonial reel.

Every device

One account,
perfectly
synchronised.

Switch from desk to pocket without interrupting a position. Your orders, your history, your charts — mirrored across desktop, browser, iOS and Android, in real time, as the same single account.

Begin

The terminal
is yours.

Volume IV · Accounts

Four accounts.
Honestly differentiated.

We do not publish a dozen account tiers to obscure the real ones. Choose by how you trade — by size, by style, by sophistication — and pay only for what you actually use.

Standard
For the beginning client.

Commission-free pricing, priced in the spread. Ideal for discretionary traders who prefer simplicity and a single, transparent cost.

Min deposit$100
Spread from0.8 pips
Commission
Max leverage1:500
ExecutionMarket
Raw
For the precise operator.

Interbank spreads from 0.0 pips with a flat commission per lot. The preferred choice for scalpers and algorithmic traders who measure in fractions.

Min deposit$500
Spread from0.0 pips
Commission$3.50 / lot
Max leverage1:500
ExecutionECN
Pro
For the established trader.

Institutional-grade pricing, negotiated commission, and a dedicated account manager. Designed for traders with a six-figure working capital and a tested method.

Min deposit$25,000
Spread from0.0 pips
CommissionFrom $2.50 / lot
Max leverage1:500
ExecutionECN
Private
For the institutional client.

A dedicated relationship manager, hand-priced execution, custodial integration, and bespoke reporting. By introduction, and by mutual agreement.

Min deposit$250,000
SpreadNegotiated
CommissionNegotiated
LeverageNegotiated
ExecutionBespoke
Chapter II
Funding

Fund the account,
as you prefer.

Deposits and withdrawals are processed without fee on our side. We do not take a percentage. We do not delay for business convenience. Use whichever channel suits the size and jurisdiction of the transfer.

i.

Bank wire.
T+1, institution-grade.

SWIFT and domestic bank wires in USD, EUR, GBP and AED. Same-day processing on our side. Counterparty bank settlement typically one to two business days.

ii.

Card.
Instant, on arrival.

Visa and Mastercard deposits credited immediately. Withdrawals returned to the original card within one business day, in line with card-network protocol.

iii.

Cryptocurrency.
Bitcoin, Ether, USDT.

On-chain deposits to a dedicated wallet, credited once network confirmations are complete. Withdrawals settled within the hour, net of the network fee.

The relationship begins

Two minutes
to open.

Volume V · The house

Built by people
who trade.

Kanex Capital is a privately-held brokerage and proprietary trading house, founded on the simple conviction that a market venue should be run the way a trading book is run — with fewer intermediaries, shorter decisions, and an intolerance for anything that does not hold up under scrutiny.

On origin

Why this house
exists.

We spent many years on the inside of larger firms — watching capable traders lose meaningful money not to bad decisions, but to bad plumbing. Delayed fills. Last-look rejections. Quiet markups buried in the spread. Withdrawal policies written for the firm, not the client.

Kanex Capital is the opposite of that. We built the house we wished had existed when we were the client. One layer of aggregation. No dealing desk on the other side of the quote. Every dollar of client capital held where the firm can never reach it. And a simple rule above all others: the quote is the trade.

On regulation

Oversight, across
jurisdictions.

We are regulated in the major financial jurisdictions that matter for the professional client — with independent capital-adequacy, client-asset, and reporting obligations enforced continuously.

Kanex Capital FZE
Dubai, UAE
Licensed financial services provider under SCA-regulated group structure.
Kanex Capital Ltd.
FSA · Seychelles
Licence No. SD-xxx. Regulated securities dealer.
Kanex Capital Pty
FSCA · South Africa
FSP authorised for derivative instruments.
Kanex Capital SVG
FSA · St. Vincent
International business company, markets division.
On custody

Your capital.
Held separately.

Every cent of client capital is held, by mandate, in segregated accounts at tier-one banks — never pooled with firm balances, never pledged as collateral for operational finance. In the unlikely event of an issue affecting the firm, client funds remain whole and recoverable as a matter of law.

Our custodial relationships include Barclays, Deutsche Bank, BNP Paribas, Citi, J.P. Morgan and HSBC — a deliberately diversified roster, so that no single institution can be the point on which client access turns.

On recognition

We note awards;
we do not collect them.

Our operations have been recognised, more than once, for execution quality and client-fund protection by the major independent broker indices. We list these below for transparency — with the acknowledgment that awards are a poor substitute for the one thing that matters, which is performance for the client, measured over time.

Best Execution
2024 · Global Forex Awards
Best MT5 Broker
2024 · FX Empire
Best Client Protection
2024 · Financial Standard
Best Prop Firm
2024 · Finance Magnates
The house welcomes

We built it
for you.

Volume VI · The prop firm

Prove the method.
We provide the capital.

A clean evaluation. No ambiguity, no rolling drawdown, no games of attrition. Pass, and you trade our money — up to two million of it — keeping as much as every last dollar you make.

$2M
Max capital
100%
Top split
$180M+
Paid to traders
4.5
Trustpilot
48h
Avg payout
Chapter I
The paths

Four routes
to a funded account.

Different temperaments, different economics. The same standard of execution applies to every path. Choose by how you actually trade — not by which price point is loudest.

The considered path.

Two phases, lower profit targets, no clock. The quiet choice for traders who measure twice. Evaluation fee refunded on the fourth successful payout.

At a glance.

Static drawdown — not trailing. Minimum three trading days per phase. Splits from eighty per cent. Scale, quietly, to two million.

$5K
Account
$36· once
Phase 18%
Phase 25%
Max DD10%
Daily DD5%
Split80%
TimeUnlimited
$10K
Account
$66· once
Phase 18%
Phase 25%
Max DD10%
Daily DD5%
Split80%
TimeUnlimited
$25K
Account
$156· once
Phase 18%
Phase 25%
Max DD10%
Daily DD5%
Split80%
TimeUnlimited
$50K
Account
$289· once
Phase 18%
Phase 25%
Max DD10%
Daily DD5%
Split80%
TimeUnlimited
$100K
Account
$529· once
Phase 18%
Phase 25%
Max DD10%
Daily DD5%
Split80%
TimeUnlimited

— fee refunded on the fourth successful payout. Paid once; no subscription.

The direct path.

A single evaluation. One target, one drawdown, no second phase. For traders who prefer to put a line under it quickly.

At a glance.

Ten-per-cent target. Six-per-cent static drawdown. Fee refunded on the fourth payout. Leverage up to 1:100 on foreign exchange.

$5K
Account
$59· once
Target10%
Max DD6%
Daily DD4%
PhasesOne only
Split80%
TimeUnlimited
$10K
Account
$99· once
Target10%
Max DD6%
Daily DD4%
PhasesOne only
Split80%
TimeUnlimited
$25K
Account
$199· once
Target10%
Max DD6%
Daily DD4%
PhasesOne only
Split80%
TimeUnlimited
$50K
Account
$319· once
Target10%
Max DD6%
Daily DD4%
PhasesOne only
Split80%
TimeUnlimited
$100K
Account
$555· once
Target10%
Max DD6%
Daily DD4%
PhasesOne only
Split80%
TimeUnlimited

— fee refunded on the fourth successful payout.

The economical path.

Our most accessible evaluation. Same structure as Two-Step, at a reduced fee — from $29 for a $5K account. The fee is not refundable.

A single condition.

A 45% daily consistency rule applies on the funded stage: no single day's profit may exceed 45% of cumulative profit on the account.

$5K
Account
$29· once
Phase 18%
Phase 25%
Max DD10%
Consistency45%
Split80%
RefundNo
$10K
Account
$55· once
Phase 18%
Phase 25%
Max DD10%
Consistency45%
Split80%
RefundNo
$25K
Account
$109· once
Phase 18%
Phase 25%
Max DD10%
Consistency45%
Split80%
RefundNo
$50K
Account
$219· once
Phase 18%
Phase 25%
Max DD10%
Consistency45%
Split80%
RefundNo
$100K
Account
$399· once
Phase 18%
Phase 25%
Max DD10%
Consistency45%
Split80%
RefundNo

— fee non-refundable. 45% daily consistency rule applies on the funded account.

The immediate path.

No evaluation. Pay the fee, verify identity, begin the same day. For traders with an established method who prefer to forgo the waiting.

The trade-off.

Tighter drawdown. Split begins at sixty per cent. Commission of $7 per lot round-trip. Fee non-refundable. For experienced hands only.

$5K
Funded now
$69· once
PhasesNone
Max DD6%
Daily DD3%
Split60%
Commission$7/lot
RefundNo
$10K
Funded now
$99· once
PhasesNone
Max DD6%
Daily DD3%
Split60%
Commission$7/lot
RefundNo
$25K
Funded now
$199· once
PhasesNone
Max DD6%
Daily DD3%
Split60%
Commission$7/lot
RefundNo
$50K
Funded now
$299· once
PhasesNone
Max DD6%
Daily DD3%
Split60%
Commission$7/lot
RefundNo
$100K
Funded now
$499· once
PhasesNone
Max DD6%
Daily DD3%
Split60%
Commission$7/lot
RefundNo

— live funded account from day one. Tighter parameters apply. Not for beginners.

Chapter II
The process

Four movements,
one destination.

i.

Choose

Select an account size and an evaluation style. Pay once. No subscription.

ii.

Prove

Trade the MT5 demo. Meet your target while respecting drawdown. Take the time you need.

iii.

Receive

A live Master account, issued on approval. Our capital, your method.

iv.

Withdraw

Weekly, or on-demand. 80–100% to you, settled within one to three days.

Chapter III
The rulebook

What is permitted,
and what is not.

A clear rule is a kind rule. No surprises once the account is issued.

Permitted

  • Overnight and weekend holds. Positions may remain open.
  • Expert Advisors. Algorithmic trading via MQL5 is fully supported.
  • VPS and VPN. Allowed, provided geographic origin remains consistent.
  • News, during evaluation. No restrictions apply during the challenge phases.
  • Every supported instrument. Forex, metals, indices, commodities, cryptocurrency.
  • Your own method. Manual, systematic, scalp, swing, carry — as you prefer.

Not permitted

  • Third-party copy-trading services. External copy platforms are not allowed.
  • High-frequency strategies. HFT and manipulative tick-scalping are prohibited.
  • Latency arbitrage. Exploiting feed delays is not permitted.
  • Same-instrument hedging. Simultaneous long and short on the same pair.
  • Gap or execution exploits. Strategies targeting session gaps or server behaviour.
  • Account sharing. One account, one trader — and so it remains.
— a word on drawdown

All drawdown is static — calculated from the initial balance, not from your peak equity. It is the trader-friendly approach, and it is ours by design.

Chapter IV
Scaling

Grow,
by consistency.

Sustained discipline is rewarded with larger allocations — up to two million — at no further cost. Performance earns the capital, not the wallet.

i.
$5K–$100K
Starting
80% split
Initial funded stage
ii.
$200K
Tier II
80% split
Consistent profitable payouts
iii.
$500K
Tier III
85% split
Sustained profitability and consistency
iv.
$1M
Tier IV
90% split
Multiple payout cycles, low drawdown
v.
$2M
The Hot Seat
100% split
The pinnacle — every dollar, yours
Chapter V
Payouts

Paid,
plainly.

Every Tuesday.

Weekly cycle

Request each week; settled within one to three business days to the method of your choosing.

At any moment.

On-demand

Withdraw outside the weekly cycle. A 35% daily consistency rule applies to on-demand requests.

As you prefer.

Bank, card, crypto

Settled via bank transfer, card, or cryptocurrency. No withdrawal fees charged by Kanex Capital.

— Fee, returned.

On the Two-Step and One-Step plans, your original evaluation fee is refunded in full on the fourth successful payout. Complete four payout cycles, and the challenge has cost you nothing. Pro and Instant are excluded.

Chapter VI
Questions

The things
worth asking.

Do I risk my own capital on the funded account?

+

No. You pay the one-time evaluation fee to take the challenge. Once passed, you trade Kanex Capital's capital exclusively. Your personal funds are never at stake during the funded stage — only the challenge fee itself.

What happens if I breach drawdown or a rule?

+

The account is closed. A new challenge may be purchased. The failed fee is not refunded. We are transparent about this because it is the single most important thing to understand before beginning.

Are Expert Advisors and automated strategies allowed?

+

Yes. Expert Advisors are fully supported on MT5 throughout evaluation and on the funded account. HFT, latency arbitrage and manipulative tick-scalping remain prohibited regardless of whether they are manual or automated.

Is there a time limit on the evaluation?

+

None on the Two-Step, Two-Step Pro or One-Step plans, beyond the minimum of three trading days per phase. Trade consistently, not frantically — that is, in our view, rather the point.

Which instruments are available on the funded account?

+

Major and minor forex pairs, precious metals, equity indices, commodities, energies, and cryptocurrency CFDs. Leverage varies by asset: up to 1:100 on foreign exchange, 1:30 on metals, 1:20 on indices, 1:10 on energies, and 1:2 on cryptocurrency.

How does the fourth-payout refund work?

+

On the Two-Step and One-Step plans, your original fee is refunded in full alongside your fourth successful payout. Maintain consistent profitability through four cycles, and the evaluation has effectively cost you nothing. Pro and Instant are excluded.

Begin

Our capital,
your method.

Volume VII · Help

Whenever you need us,
we are moments away.

Our client-services team is available twenty-four hours, five days — across seven languages. No script. No tier. No customer-support maze.

Topics

Start here.

i.

Accounts & onboarding

Open an account, verify identity, fund your ledger. Typically under two minutes.

ii.

Platform & tools

MT5 terminal, Expert Advisors, VPS, mobile. Where to download, how to connect.

iii.

Funded-trader programme

Evaluation rules, payouts, scaling, consistency. Everything published, nothing hidden.

iv.

Deposits & withdrawals

Bank, card, cryptocurrency. Timeframes, limits, and what to expect on first transfer.

v.

Spreads & swaps

Current pricing across every instrument, and how swap is calculated for held positions.

vi.

Legal & regulatory

Risk disclosures, client agreement, regulatory status, complaint procedures.

Speak with us

The human line,
without a queue.

Every client, from the first-deposit account to the institutional mandate, reaches the same team. We do not tier our support.

Live chat24 / 5 · first response under 60 seconds

Telephone+971 4 000 0000

Emailcare@kanexcapital.com
Frequently asked

Ordinary questions,
answered plainly.

How quickly can I open an account?

+

Typically within two minutes for identity verification, and same-day for first deposit via card or cryptocurrency. Bank wire settles in one to two business days depending on counterparty.

What is your withdrawal policy?

+

Withdrawals are processed without fee, on request, with over ninety-two per cent approved automatically on the same business day. Larger withdrawals or first-time withdrawals may require a brief compliance check under AML procedure.

Do you offer negative-balance protection?

+

Yes, across every retail account. You cannot lose more than the capital in your trading ledger, under any circumstances.

What is your spread model?

+

Variable, market-based. We aggregate quotes from tier-one liquidity partners and pass them through without markup on Raw, Pro and Private accounts. Standard accounts are priced with a modest inbuilt spread in place of a commission.

Are you regulated?

+

Yes. Kanex Capital operates under multiple regulatory jurisdictions — including the UAE SCA group structure, Seychelles FSA, South Africa FSCA, and St. Vincent FSA. Client funds are held in segregated custody with tier-one banks across every jurisdiction.

Do you accept US-based clients?

+

No. Kanex Capital does not offer services to residents of the United States, nor to other jurisdictions where doing so would be contrary to local regulation.