What happens after I pass the Trading Challenge successfully?

Once you have successfully completed the Trading Challenge by hitting the 10% profit target and adhering to all the required rules, your account will be reviewed manually. Upon approval, you will receive a confirmation email and will transition to the Pivex Funded Trader's Stage. 

Your Transition Process in Three Simple Steps

Once you achieve the 10% profit target and meet all trading objectives, your account is undergo a manual review by our account managers. Here’s the process to get you started on the funded stage:

1. Account Review & KYC Verification: Our team will conduct a brief review of your trading history to ensure all rules were followed. You will then be contacted and prompted to complete a standard Know Your Customer (KYC) check to verify your identity, ensuring a secure and compliant partnership.
2. Sign the Trader Agreement: Upon successful verification, you will receive your Pivex Funded Trader Agreement. This document outlines the terms of our partnership, including the profit-sharing model.
3. Receive Your Funded Account: After you sign the agreement, we will issue the credentials for your new Pivex Funded Trader account. You are now officially ready to start trading and earning payouts from your profits.
   
   

Example of a Successful Transition to Pivex Funded Trader's Stage:

To illustrate the process, let's look at a successful trader, John.

• Account Size: $100,000

• Profit Target: $10,000 (10%)

• Challenge Result: John grew his account to $110,000.

• Risk Management:

  • He ensured his daily loss never exceeded the Daily Drawdown limit (4%, or $4,000).

  • His total account drawdown never went below $94,000, staying within the Overall Drawdown limit (6%).

• Discipline: He traded on 5 separate days and avoided all prohibited strategies.

• Outcome: After a quick review and KYC check, John received his funded account and began earning real payouts from his simulated trading profits.
  

John’s successful transition shows that by sticking to these rules, managing his risks carefully, and trading consistently, he could move from the Trading Challenge to the Pivex Funded stage with a simulated funded account.

This marks a significant milestone, as you move from the Trading Challenge to real trading opportunities with profit-sharing from your simulated account balance.

Welcome to the Pivex Funded Trader's Stage! 

We look forward to a long and profitable partnership with you.