Can I Scale My Pivex Traders Account Over Time?
Modified on Sat, 7 Jun at 10:51 AM
Yes, you can scale your Pivex Traders account over time, and it’s one of the most exciting features of trading with Pivex!
Scaling Program Overview
Start with a Pivex Traders account, for example, with an initial balance of $100,000.
For every 15% profit you earn on your account (e.g., $15,000 on a $100,000 account), you become eligible for a 30% capital increase. This process can be repeated, allowing your account to grow over time, potentially reaching $1,000,000 in simulated capital, provided you adhere to all the trading rules and maintain responsible trading practices.
How the Scaling Process Works
1. Starting Point: You begin with a Pivex Trader's account, such as $100,000 in simulated capital.
2. First Profit Target Achieved: Once you hit 15% profit (e.g., growing your account by $15,000), your new account balance will be $115,000.
3. First Scale-Up: After reaching the profit target, your account balance will be scaled by 30%, bringing it to $149,500.
4. Continued Growth: As long as you continue to meet the 15% profit milestone, you can keep scaling your account, allowing it to grow progressively. With consistent performance, your account could eventually reach $1,000,000.
Important Notes on Scaling
- Timeline for Scaling: You are given 3 months to achieve the required 15% profit to qualify for scaling. This encourages steady growth while ensuring that you’re adhering to the Consistency Rule.
- Review: The scaling process is trasparent and will be reviewed by the Pivex team after you reach each 15% profit milestone. Once approved, your account will be scaled up.
- Sustainable Growth: The scaling is designed to reward consistent, steady profits. It’s important to remember that your profits should be consistent and not come from a few large trades. The largest trade in your portfolio should not be bigger than 50% of your total profits.
Example of Account Growth
Account Size (Initial Balance) | +15% Profit | New Account Size (After +30% Scale-up) | Cumulative Capital After Scaling |
---|---|---|---|
$100,000 | $15,000 | $130,000 | $130,000 |
$130,000 | $19,500 | $169,000 | $169,000 |
$169,000 | $25,350 | $219,700 | $219,700 |
$219,700 | $32,955 | $285,650 | $285,650 |
$285,650 | $42,848 | $371,495 | $371,495 |
$371,495 | $55,724 | $483,000 | $483,000 |
$483,000 | $72,450 | $627,900 | $627,900 |
$627,900 | $94,185 | $816,270 | $816,270 |
$816,270 | $122,441 | $1,061,130 | $1,000,000 (Cap reached) |
Why This is Important for Your Growth
At Pivex, we focus on consistent performance. Your ability to scale your account is a reflection of your ability to maintain a steady, disciplined approach to trading. Each step in the scaling process is designed to reward traders who follow responsible trading practices and adhere to the Consistency Rule.
By consistently hitting your 15% profit milestones and staying within the daily and overall drawdown limits, you can continue growing your account. This allows you to take on larger positions and earn larger payouts, all while reducing the risks associated with large, unbalanced trades.
Key Takeaways:
• Scale your account after achieving 15% profit.
• 30% capital increase every time you reach the profit target.
• Your account can grow up to $1,000,000 in simulated capital.
• Stay consistent and disciplined to ensure your continued success.
By following these steps, you can steadily increase your capital in the Pivex Traders stage, building a sustainable trading career while earning real payouts based on your performance. Remember, consistency is the key to scaling your account responsibly.
If you have any questions or need assistance with your scaling journey, our support team is here to help you succeed.
Happy trading with Pivex!
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