What is Trader Agreement and why do I need to sign it?

Yes. After you successfully complete the Trading Challenge and qualify for the Pivex Funded Stage (Funded Trader Stage), you will be required to sign a Trader Agreement. This agreement outlines the terms of your trading relationship with Pivex Funded and must be signed before proceeding to KYC verification and before your Pivex Funded Trading Account is activated.

When Is the Trader Agreement Presented?

Once you pass the Challenge:

1. You will first be prompted to review and agree to the Trader Agreement via a checkbox in your Pivex Funded Dashboard.
2. After accepting the agreement, you can begin the KYC (Know Your Customer) process.
3. Upon completing both steps, your Pivex Funded Trading Account will be activated.
   

You are not required to sign a contract before signing up for the Trading Challenge. You only need to agree to our initial Terms and Conditions, which cover the rules of the challenge. The Trading Challenge is designed to be a testing ground where you can showcase your skills without the commitment of a legally binding agreement. The focus is on seeing if you can prove your consistency and risk management skills under simulated conditions.

Purpose of the Trader Agreement

The Trader Agreement serves several key purposes:

• Clarifies rights and obligations between you and Pivex Funded
• Details your profit entitlement, payout structure, and withdrawal conditions
• Outlines rules for maintaining your account, including drawdown limits, risk guidelines, and prohibited trading activity
• Explains payout method (e.g., bank transfer)
• Establishes legal protections for both parties and defines consequences for non-compliance
• Sets expectations for account termination, if performance or compliance requirements are not met
  

This agreement ensures transparency, accountability, and mutual understanding before any real earnings are generated.

KYC Verification After Agreement

Once you’ve accepted the Trader Agreement, you’ll proceed to complete the KYC verification, which is required before any trading or withdrawals can begin.

You’ll need to upload:

• A valid government-issued ID
• A recent proof of address (e.g., utility bill, bank statement, dated within 3 months)
  

KYC is reviewed within 1 business day for individuals and up to 3 business days for companies. Once verified, your account will be activated.

Why KYC and a Legal Agreement Are Required

Pivex Funded operates under global financial compliance standards. KYC and the Trader Agreement:

• Help prevent fraud and financial crime
• Confirm your legal eligibility for payouts
• Provide legal structure and protection for all trading activity
  

If you encounter any issues during this process — whether with the Trader Agreement or KYC verification — our support team is ready to assist you at support@pivex.com. We’ll guide you through each step to ensure a smooth transition into the Funded Trader Stage.