Can I lose my upgraded Pivex Funded Trader's Account?

Yes, it’s possible to lose your Pivex Funded Account (Funded Traders Account) if you breach the 4% daily drawdown or 6% overall drawdown limits, violate any of the core trading rules set by Pivex Funded, or fail to meet the minimum trading activity requirements. While these rules are designed to ensure that your trading remains consistent, sustainable, and disciplined, breaching them can result in the deactivation of your account and a forfeiture of the opportunity to continue trading with real capital.

Core Rules to Keep in Mind

To maintain your Pivex Funded Account (Funded Traders Account), you need to follow key rules that are designed to ensure you’re trading responsibly and focusing on long-term growth. These include:

• Drawdown Limits: As mentioned earlier, exceeding the 4% daily drawdown or the 6% overall drawdown will cause your account to be suspended. These limits are set to minimize the risk of large losses and ensure effective capital management.
• Consistency: In the Pivex Funded stage (Funded Trader stage), consistency is essential. It’s not about making a few big trades. Instead, it’s about steadily growing your account through calculated trades while maintaining proper risk management.
• Minimum Trading Activity: If you don’t place any trades for 30 consecutive days, your account will be automatically deactivated. To avoid this, you must place at least one trade per month to keep your account active.

Consequences of Rule Violations

If you engage in any of the prohibited strategies or violate the core rules — such as exceeding the drawdown limits, failing to maintain consistency, or using prohibited strategies — your account will be suspended, and you will lose access to the Pivex Funded stage (Funded Trader stage). If violations occur, your progress will be reset.

Case Study:

Imagine you are a Funded Trader with a $100,000 account. After a series of losses, you decide to use the Martingale strategy to recover. As a result, your position size increases, and you end up triggering a 4% daily drawdown, which leads to account deactivation. This is a direct consequence of failing to follow proper risk management.

How to Avoid Losing Your Pivex Funded Account (Funded Traders Account)

• Trade Responsibly: Ensure that your position sizes are in line with your account balance and risk tolerance. Avoid overleveraging.
• Stick to the Rules: Regularly check your daily drawdown and overall drawdown limits. Use tools like stop-loss orders to protect your capital.
• Focus on Consistency: Consistent small profits are far more valuable than large one-off trades. Stay disciplined.
• Use Proper Strategies: Stick to sound strategies that involve calculated risk management, such as trend-following or swing trading. Avoid prohibited strategies like hedging, grid trading and stacking.

We encourage you to keep a disciplined approach to trading and follow our guidelines to succeed in the Pivex Funded stage (Funded Trader stage). If you need any clarification or assistance about the rules, feel free to reach out — we are here to support your journey to becoming a consistent and successful trader.

Happy trading with Pivex Funded!