How does the Trading Challenge work?

The Trading Challenge at Pivex is designed to test your trading skills in a simulated environment using real-time market data. This challenge allows you to demonstrate your trading discipline, risk management, and profitability in a structured and transparent way.

How the Trading Challenge Works:

1. Follow a Clear Set of Trading Rules:

The challenge rules are crafted to help you maintain discipline and consistency. These rules include:

• Risk limits: Maintain responsible exposure to avoid account breaches.
• Drawdown thresholds: Stay within both daily and overall drawdown limits.
• Trading times: Follow the allowed trading windows and avoid prohibited periods.
• For a detailed breakdown, see our Trading Rules article.

2. Manage Your Risk Responsibly:

• Effective risk management is crucial to passing the Challenge.
• Keep your losses within acceptable limits and avoid strategies that might violate trading rules, such as high-frequency trading (HFT) or Martingale.

3. Aim to Reach a 10% Profit Target:

• Your primary goal during the Trading Challenge is to achieve a 10% profit based on your starting simulated account balance.
• This target assesses your ability to generate consistent profits while adhering to Pivex’s trading rules.
  

Consistency Rule:

To pass the Trading Challenge, you must demonstrate consistent trading behavior. This rule is essential to ensure that your success is not based on a single, large, or lucky trade.

Consistency Rule Definition:

• No single trade can account for more than 50% of your realized profit.
• This rule ensures that your trading style is balanced and does not rely on one-off, high-risk trades. 

Example: 

• Starting Balance: $100,000
• Profit Target: $10,000
• If your biggest trade generated $7,000 (70% of your total profit), this violates the Consistency Rule.
• In this case, you must continue trading until your largest trade accounts for 50% or less of your total profit.
• If the rule is breached, you cannot pass the Pivex Trading Challenge or request a withdrawal at the Pivex Trader Stage.

Purpose:
This rule ensures that your trading approach is stable, consistent, and not dependent on single high-risk moves. It promotes disciplined trading behavior, preventing the reliance on lucky or gambling-style trades.

Consistency Requirements:

• Minimum Trading Days: You must trade for at least 5 days during the Challenge.
• Activity Requirement: You must place at least one trading order within 30 days from the account activation to keep it active.
  

What Happens After the Trading Challenge?

If you successfully achieve the profit target and meet all consistency requirements:
1. Manual Performance Review:
• Our team will verify that you followed all rules and maintained consistent trading behavior.
• If your performance aligns with the guidelines, you will receive an invitation via email to become a Pivex Trader.
2. Transition to the Pivex Traders Stage:
• You will continue trading with simulated capital and start receiving real payouts based on your performance.
• Your account will be upgraded, allowing you to earn rewards from your trading skills.

Key Points to Remember:

• No Time Pressure: You have control over the pace, as long as you trade responsibly and meet the 10% profit target.
• Consistency Matters: Demonstrating responsible and consistent trading is just as important as achieving profits.
• Avoid Single Large Trades: Relying on one major trade to meet the profit target violates the Consistency Rule.
• Keep Your Account Active: Place at least one trade within 30 days of activation.
  

Final Steps: Becoming a Pivex Trader

If you show discipline, meet the required performance standards, and follow the consistency rule, you will be officially invited to become a Pivex Trader. At this stage, you will continue trading with simulated capital and start earning real payouts based on your trading performance.

At Pivex, our goal is to support your growth as a trader by providing a structured, fair, and transparent evaluation process. The Trading Challenge is your opportunity to demonstrate not just profitability but also consistent, disciplined trading — key qualities of a successful Pivex Trader.

If you have any questions or need support throughout the process, feel free to contact our team at support@pivex.com. We’re here to help you succeed!