What happens when you pass, does the account automatically upgrade?

When you successfully pass the Challenge Account phase, your account will not automatically upgrade. Instead, it enters a manual review process to ensure that all requirements and trading rules have been met.

What Happens Next?

1. Account Status: Upgrade Pending

• Once you meet the profit target and all minimum requirements, your account status will change to “Upgrade Pending”. This indicates that your account is being manually reviewed by the Pivex team.
  

2. Trader Agreement:

• You will need to sign the Trader Agreement before proceeding. This document outlines the rights and responsibilities for both you and Pivex, including profit-sharing terms, risk management guidelines, and expectations for the Pivex Traders stage. Signing the agreement ensures both parties are aligned on trading responsibilities and payout terms.
  

3. KYC Verification:

• After signing the Trader Agreement, you must complete the Know Your Customer (KYC) process. This involves submitting proof of identity and address to verify your compliance with legal and regulatory requirements. The KYC process ensures the safety and integrity of your account and helps confirm your identity.
  

4. Pivex Trading Account Activation:

• Once your account review is complete and you’ve met all requirements, your Pivex Trading Account will be activated.
• You will transition from the Trading Challenge to the Pivex Traders stage.

Simulated Capital:
You will continue trading with simulated capital, but now you can earn real payouts based on your trading performance.

Real Payouts:
After activation, you will start earning real payouts according to the profit split (80% standard, 90% with add-on).
Example:

If your profit during the Pivex Traders stage is $2,000, you will receive 80% ($1,600) or 90% ($1,800), depending on your plan.

Key Takeaways:

• Your account does not automatically upgrade after passing the challenge.
  
• The Upgrade Pending status indicates that your account is under manual review.
  
• You must sign the Trader Agreement before completing KYC verification.
  
• Your Pivex Trading Account will be activated only after successfully completing both steps.
  
• You will continue trading with simulated capital but can now earn real payouts.
  
  

By following these steps, you ensure a smooth transition from the Challenge phase to the Pivex Traders stage. If you have any questions or need assistance during this process, reach out to our support team!