Are there any restrictions on lot size, trade frequency, or stacking

At Pivex, we offer a simulated CFD trading environment across asset classes such as forex, stocks, indices, commodities, and cryptocurrencies. While trading is flexible, we enforce specific rules on lot size, trade frequency, and stacking to promote consistent, responsible performance during both the Trading Challenge and Pivex Traders stages.

Lot Size Guidelines

Lot size varies by asset class. You’re free to choose your lot size, but you must ensure it's appropriate for your risk level and account size:

• Forex (e.g., EUR/USD): 1 lot = 100,000 units. 0.1 = mini lot, 0.01 = micro lot.
• Crypto (e.g., BTC/USD): 1 lot = 1 BTC. Example: 1 lot of BTC at $50,000 = $50,000 exposure.
• Stocks (e.g., AAPL): 1 lot = 100 shares. Example: 1 lot of AAPL at $150 = $15,000 exposure.
• Indices (e.g., NAS100): 1 lot = 1 contract. Example: 1 lot of NAS100 at $15,000 = $15,000 exposure.
• Commodities (e.g., Gold/Oil): 1 lot of Gold = 100 oz; 1 lot of Oil = 1,000 barrels.

✅ Best Practices: Adjust lot size based on your account balance. Avoid oversized positions that may breach drawdown limits.

Trade Frequency and Strategy Rules

• Consistency Rule: Your largest trading day should not exceed 50% of your total profits. Avoid disproportionate profits concentrated in one day.
• High-Frequency Trading (HFT): Not allowed. Rapid, bot-like execution or API-based strategies that generate excessive trades are prohibited.
• Grid Trading: Prohibited. Avoid opening layered positions at fixed intervals without closing previous trades.

⚠️ Automated high-frequency or grid strategies are considered rule violations unless each trade has individual market logic.

Stacking (Prohibited)

Stacking refers to opening multiple trades in the same direction (e.g., multiple buy positions on EUR/USD) without managing or closing earlier ones. This practice increases exposure without adding strategic value.

Example: Opening 5 buy positions on EUR/USD around the same level without a clear reason or exit plan is considered stacking.

Overleveraging

Overleveraging occurs when your position size is too large relative to your account. At Pivex, leverage is capped at 1:30 depending on the asset class.

Example: Using $10,000 to control $300,000 of assets at 30:1 leverage. A 2% move could wipe out 60% of your capital.

Irregular Risk Sizing

Trades must be reasonably sized. Irregular sizing — e.g., one trade risking 2% and another risking 20% — undermines consistency.

Tip: Use stop-losses, fixed position-sizing formulas, or percentage-based risk allocation for uniform risk per trade.

Managing Open Positions

Multiple trades are allowed, but each must have a clear rationale. Use MatchTrader to monitor your exposure and avoid excessive overlap.

Key Reminders

• Track drawdown: Stay within daily (4%) and overall (6%) drawdown rules.
• Trade with purpose: Avoid randomness, maintain consistency.
• One strategy, one position: Don’t stack or mirror positions excessively.

By following these principles, you can progress through the Trading Challenge and into the Pivex Traders stage with a disciplined approach that supports long-term success.