How Long Does the Trading Challenge Last?

At Pivex, there is no fixed time limit for completing the Trading Challenge. You have the flexibility to take as long as you need to meet the 10% profit target and demonstrate your trading skills. While there’s no time pressure to complete the challenge, staying active throughout the process is crucial. If your account remains inactive for more than 30 consecutive days, it will be closed automatically, so it’s important to continue trading regularly.

Key Points to Keep in Mind:

During the Trading Challenge, you’ll need to:

• Achieve the 10% profit target: You must reach a 10% profit based on your initial simulated capital in order to move to the Pivex Traders stage.
• Stay within drawdown limits: Your losses should never exceed 4% of your daily equity and 6% of your overall equity. These limits are essential to pass the challenge and maintain the integrity of your evaluation.
• Complete at least 5 trading days: To qualify for the Pivex Traders stage, you need to place at least one trade per day for a minimum of 5 trading days. If you wish to bypass this requirement, you can purchase the Minimum Trading Days Waiver at checkout.
• Follow the trading rules: It’s important to avoid prohibited strategies, including scalping, hedging, grid trading, or Martingale. Always stay within the defined drawdown limits and manage your risk accordingly.

Stay Active and Track Your Progress

To maintain an active Trading Challenge, ensure you place at least one trade within 30 days. You can either buy or sell, as long as you stay engaged. Using stop-loss orders can help you manage your risk and keep your positions within the allowed drawdown limits.

You will receive email reminders to keep you on track, but it’s ultimately your responsibility to ensure you place a trade and remain compliant with the rules.

You can track your progress on your Pivex dashboard, where you’ll find your current profit balance, drawdown limits, and trade history. Additionally, in MatchTrader, you can view your trade success and historical performance, allowing you to monitor your evaluation progress and adjust your strategy accordingly.

What Happens After Completing the Trading Challenge?

Once you successfully meet the conditions of the Trading Challenge, your account will undergo a manual review. If everything is in order, you will receive an invitation to the Pivex Traders stage, where you will start trading with simulated funded capital and begin earning real payouts based on your trading performance.

KYC Stage

After completing the challenge and before transitioning to the Pivex Traders stage, you will need to complete a Know Your Customer (KYC) check. This step involves verifying your identity to ensure compliance with regulatory requirements. Once the KYC process is complete, your account will be activated, and you’ll start trading with real profit-sharing opportunities.

Summary

The Trading Challenge at Pivex doesn’t have a fixed duration. You have the freedom to take as much time as you need to hit the 10% profit target, as long as you remain active and comply with the rules. If you stay consistent, follow the drawdown limits, and avoid prohibited strategies, you can successfully complete the challenge and transition to the Pivex Traders stage, where you can start earning real payouts from your simulated capital.

If you have any further questions about the Trading Challenge, feel free to reach out to our support team via Live Chat or Email. We’re here to help you every step of the way!