Are trade copiers allowed?

No, trade copiers are not allowed at Pivex.

What is Copy Trading?

Copy trading allows traders to copy the trades of other, more experienced or successful traders. Typically, the trades are automatically copied to the trader’s account, replicating the decisions made by others.

We believe in personal growth and skill development. Copy trading undermines this by allowing traders to mimic someone else’s strategy, without developing their own decision-making or risk management skills. It doesn’t reflect the individual’s ability to analyze the market, make strategic decisions, or manage risk responsibly.

Example of Why It’s Prohibited:

Trader A uses copy trading to follow a successful trader’s signals, but doesn’t gain experience or learn about market analysis themselves. They might make profits based on another trader’s skill, rather than their own.

We want all traders to succeed by making well-informed decisions, not by relying on others.