Are the rules for a Pivex Trader's Account much different from those for a Trading Challenge Account, or do they stay the same?
Modified on Wed, 28 May at 9:09 AM
There are some key differences between the Challenge Account and the Pivex Trading Account. While the core rules remain largely the same, there are certain changes once you reach the Pivex Traders stage.
Challenge Account:
- Focused on achieving a 10% profit target while adhering to risk limits.
- Traders must meet minimum trading days and avoid rule violations (such as excessive drawdown or unauthorized trading strategies).
Pivex Trading Account:
- No profit target. The focus is on consistent, long-term profitability.
- You still must comply with risk limits (such as 4% daily drawdown and 6% overall drawdown).
- The profit split typically becomes available (up to 90%, depending on your plan).
Traders enjoy greater flexibility with trading styles as long as they maintain consistent performance and follow the rules.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article