Is there a time limit to complete the challenge?

There is no time limit to complete the Trading Challenge. You can take as long as you need to reach the profit target, as long as you remain active and follow the rules. However, if you don’t place any trades for 30 consecutive days, your account will be automatically closed.

You can trade at your own pace, take breaks, analyze your trades, and manage your risk without the pressure of a ticking clock. Below are two example cases to demonstrate how different trading activity levels can impact your Trading Challenge progress.

Case 1: Reaching the 10% Target Within 14 Days

Trader A’s Scenario: 

Account Balance: $10,000 
Profit Target: 10% = $1,000

Trading Activity: 5 trades within 14 day
Trader A starts their Trading Challenge with an initial balance of $10,000 and a profit target of $1,000. They follow a consistent trading strategy, executing 5 trades over 14 days. By the end of the 14 days, they reach the 10% profit target of $1,000. Because they adhered to the rules and met the profit target, their account will be reviewed manually and, assuming everything is in order, they will be invited to the Pivex Traders stage to start trading with us to earn real payouts from their simulated account balance.

Example Trades:
Day 1: Trader A makes $200 profit.
Day 3: Another trade yields a $300 profit.
Day 5: Trader A loses $100.
Day 7: They gain $400 profit.
Day 14: Final trade results in a $200 profit, reaching the $1,000 target

This trader managed to meet the profit target within 14 days by staying consistent, using good risk management, and following the rules.

Case 2: Completing Only 1 Trade in One Month

Trader B’s Scenario:

Account Balance: $5,000
Profit Target: 10% = $500
Trading Activity: 1 trade in 30 days
Trader B decides to trade more cautiously and places only 1 trade over the course of 30 days. This trade doesn’t meet the profit target, but the account remains active since they placed at least 1 trade within the 30-day period. The trade is within the guidelines, so Trader B’s account will stay active for the next 30 days, giving them more time to refine their strategy and continue toward the profit target.

Example Trade:
Day 1: Trader B places a buy order for EUR/USD, gaining $50.
Result: The trade is profitable but falls short of the target. Since only 1 trade was made within the 30 days, the account is still open but must have at least 1 more trade within the next 30 days to remain active.

In this case, Trader B can continue trading but needs to make further progress and achieve the profit target within the remaining time.

Key Takeaway:

While there’s no fixed time limit for completing the Trading Challenge, traders are encouraged to remain active and consistent. If you place trades periodically and manage your risk well, you can reach your target at your own pace. However, if you don’t trade for 30 consecutive days, your account will be automatically closed, so be sure to trade at least once every 30 days to keep your account active.