Are there any restrictions on lot size, volume, number of trades or stacking?

At Pivex Funded, there are no fixed restrictions on the lot size or the number of trades you can execute. We offer a flexible, simulated CFD trading environment across forex, stocks, indices, commodities, and cryptocurrencies. However, while we provide flexibility, we closely monitor all trading activity to ensure it aligns with our core principles of consistent, responsible, and sustainable performance. The following guidelines apply to both the Trading Challenge and the Pivex Funded (Funded Trader) stages.

Lot Size Guidelines

Lot size varies by asset class. You’re free to choose your lot size, but you must ensure it's appropriate for your risk level and account size:

• Forex (e.g., EUR/USD): 1 lot = 100,000 units. 0.1 = mini lot, 0.01 = micro lot.
• Crypto (e.g., BTC/USD): 1 lot = 1 BTC. Example: 1 lot of BTC at $50,000 = $50,000 exposure.
• Stocks (e.g., AAPL): 1 lot = 100 shares. Example: 1 lot of AAPL at $150 = $15,000 exposure.
• Indices (e.g., NAS100): 1 lot = 1 contract. Example: 1 lot of NAS100 at $15,000 = $15,000 exposure.
• Commodities (e.g., Gold/Oil): 1 lot of Gold = 100 oz; 1 lot of Oil = 1,000 barrels.

✅ Best Practices: Adjust lot size based on your account balance. Avoid oversized positions that may breach drawdown limits.

Trade Frequency and Prohibited Trading Strategies

• Consistency Rule: Your largest trading day should not exceed 50% of your total profits. Avoid disproportionate profits concentrated in one day.
• High-Frequency Trading (HFT): Not allowed. Rapid, bot-like execution or API-based strategies that generate excessive trades are prohibited.
• Grid Trading: Prohibited. Avoid opening layered positions at fixed intervals without closing previous trades.
• Stacking: Prohibited. Stacking refers to opening multiple trades in the same direction (e.g., multiple buy positions on EUR/USD) without managing or closing earlier ones. This practice increases exposure without adding strategic value.

⚠️ Automated high-frequency or grid strategies are considered rule violations unless each trade has individual market logic.

While not strictly prohibited in all forms, the following behaviors are closely monitored as they can undermine a stable trading strategy.

1. Overleveraging

This occurs when your position size is too large relative to your account balance. At Pivex Funded, leverage is capped at 1:30, depending on the asset class. Excessive leverage exposes your account to substantial risk and can lead to rapid drawdowns.

• Example: Using $10,000 of your capital to control a $300,000 position (30:1 leverage). A small 2% adverse market move could result in a 60% loss of your capital.

2. Inconsistent or Irregular Risk Sizing

Sustainable trading requires a disciplined approach to risk. Varying your risk per trade dramatically (e.g., one trade risking 1% and the next risking 10%) makes it difficult to assess performance and manage losses effectively.

• Tip: Use stop-losses and maintain a stable, manageable percentage of your account balance as your risk per trade.

The Focus at Pivex Funded
Our primary goal is to fund traders who can navigate market conditions with discipline. We encourage:

• Consistent trade volume: Avoid large, unexpected spikes in your trading activity.

• Consistent risk per trade: Maintain a stable risk-per-trade model.

• Strategic, sustainable strategies: Choose methods that align with long-term profitability and risk control.

By following these principles, you will be well-positioned to demonstrate your skill and succeed in both the Trading Challenge and the Funded Trader stage. If you have any questions about these guidelines, don’t hesitate to reach out to us!