What broker do you use?

At Pivex, we utilize MatchTrader, our proprietary trading platform, to provide a simulated trading environment that closely mirrors real market conditions. This approach allows us to offer a realistic trading experience without exposing traders to actual financial risk during the Trading Challenge.

Understanding MatchTrader vs. External Brokers

Traditional trading involves external brokers who execute trades on behalf of clients, often requiring traders to use their own capital. These brokers may charge commissions, spreads, or other fees for their services. In contrast, Pivex’s MatchTrader is an in-house platform where trades are executed internally, using simulated capital. This setup eliminates the need for external broker involvement, offering several key advantages:

• Cost Efficiency: By removing external brokers from the equation, we reduce transaction costs, ensuring that more of your potential earnings remain with you.
• Enhanced Control: Operating within our own platform allows us to tailor the trading environment to better suit your needs, offering features and tools that align with your trading strategies.
• Risk-Free challenge: MatchTrader enables you to demonstrate your trading skills without the risk of losing real money, providing a safe space to refine your strategies.
  

Key Features of MatchTrader

Real-Time Market Data: Access up-to-date market information to make informed trading decisions.

Advanced Charting Tools: Utilize comprehensive charting capabilities for technical analysis. MatchTrader provides a very comfortable view for traders and a smooth trading experience.

Seamless Integration: Enjoy a user-friendly interface that integrates smoothly with various trading strategies and tools.

By choosing Pivex and engaging with MatchTrader, you benefit from a platform designed to support your growth as a trader, offering a realistic and supportive environment to develop your skills.

MatchTrader is built to provide the same pricing, data feeds, and execution speed as you would experience in a live trading environment. By using real-time market data and implementing market simulation (powered by TradingView), we ensure that you experience realistic market conditions.

For example, while trading with MatchTrader, you will see the same chart patterns, market movements, and trading dynamics as you would on a real trading platform. However, since it’s simulated, you don’t need to worry about actual market risks until you progress to the Pivex Traders stage.

What is TradingView simulation?

MathTrader has an add-on of TradingView charts for free for those who prefer this charting style. TradingView is a widely recognized charting platform that many traders use for analysis. With TradingView, you can view live price feeds, chart patterns, indicators, and trading signals directly within the MatchTrader platform. This provides a seamless trading experience, as you’re able to analyze and execute trades in the same environment you’d use on a live platform, but without any actual risk.

Pivex doesn’t rely on external brokers for our trading operations. Instead, we use MatchTrader, an in-house trading platform that simulates real market conditions using real-time market data. This means that all trades are executed within our platform, and there is no external broker involvement. This setup ensures that pricing is transparent and that the trading environment mirrors live market conditions without risking real money during the Trading Challenge.