Pivex Funded

Pivex Funded is a proprietary trading firm that gives traders up to $200,000 in simulated trading capital, with traders keeping 80% of profit rewards (or 90% with an add-on). The firm's straightforward tagline — "We Give You $200K To Trade, You Keep 80% Of Rewards" — captures its simple value proposition: get a simulated account, pass the trading challenge, and earn real rewards.

With over 30,000 traders across 170+ countries and $500 million+ in trading accounts, Pivex Funded has established itself as a significant player in the prop trading space. The firm earned the "Most Reliable Prop Firm 2025" FT Award and holds a 4.6 Trustpilot satisfaction score. Its top trader reward stands at $12,160 on a $100,000 account.

Pivex Funded operates on the MatchTrader platform and offers a unique three-stage progression: Evaluation Stage (pass the challenge), Pivex Trader Stage (earn real rewards), and Scaling Stage (grow up to $1,000,000). The firm also provides a Trading Academy for skill development and an AI Assistant to help during the trading challenge.

Traders can choose between two purchasing models: Pivex Classic (one-time purchase) and Pivex Membership (monthly subscription with auto-renewal). Both offer identical rules and objectives, with the membership providing a lower entry cost and the ability to restart without a fresh purchase after a breach. The firm is operated by ALTEXX DIGITAL CORP., based in Dover, Delaware, USA.

How It Works — Three Stages

Pivex Funded uses a three-stage progression system:

Stage 1: Evaluation Stage (Trading Challenge)

Trade a simulated account of up to $200,000 and hit the 10% profit target within the platform rules:

• Profit Target: 10% based on initial balance (e.g., $50,000 account = $5,000 profit)
• Max Daily Drawdown: 4% (static) — e.g., $50,000 account = max $2,000 daily loss
• Max Overall Drawdown: 6% (static, based on equity) — e.g., $50,000 account = balance should not fall below $47,000
• Minimum Trading Days: 5 days
• Inactivity Limit: 30 days (account deactivated if no trades placed for 30 consecutive days)
• Rewards: Not available during the challenge
• Account Review: 1-2 business days after hitting profit target

Stage 2: Pivex Trader Stage (Funded Trader)

Trade risk-free and earn 80% of trading performance rewards:

• Profit Target: No set profit target — maintain consistent profitability
• Max Daily Drawdown: 4% of current equity (calculated at start of each trading day)
• Max Overall Drawdown: 6% of starting balance (static)
• Minimum Trading Days: 3 trading days
• Inactivity Rule: Must place at least one trade within every 30-day period
• Payout Schedule: Every 14 days upon manual request (or 7 days with Guaranteed Payout Schedule add-on)
• Minimum Payout: $50
• Account Review: Up to 5 business days (first withdrawal), 24 hours after approval

Stage 3: Scaling Stage

Scale your account up to $1,000,000:

• Hit 15% profit on the Pivex Trader stage
• Scale by 30% every quarter
• Grow to $1,000,000 in virtual trading account

Purchasing Models

Pivex Funded offers two ways to purchase your challenge:

Pivex Classic (One-Time Purchase)

A traditional one-time payment for your evaluation account. Once you pass, you move to the funded stage with no further billing.

Pivex Membership (Monthly Subscription)

A subscription-based model with unique benefits:

• Reduced introductory price — lower entry cost
• Auto-renewing — keeps you in the challenge automatically
• Restart without fresh purchase — if a challenge doesn't go to plan, your renewal lets you get back in
• No time limit for qualifying
• Billing stops when you qualify and clear KYC
• Can hold multiple memberships, each billed separately
• Cannot be paused — cancel if you want billing to stop

Both models have identical rules: same profit target, same drawdown limits, same minimum trading days, same consistency rule.

Profit Split & Payouts

• Standard profit split: 80% to the trader
• Profit Split Boost add-on: 90% to the trader
• Payout frequency: Every 14 days (standard) or 7 days (with Guaranteed Payout Schedule add-on)
• Minimum payout: $50
• Payout method: Via Pivex Funded Dashboard
• First withdrawal review: Up to 5 business days
• Subsequent payouts: Up to 24 hours after approval

Risk Management Rules

Rule	Challenge Stage	Funded Stage
Profit Target	10% of initial balance	No set target
Max Daily Drawdown	4% (static)	4% of current equity
Max Overall Drawdown	6% (static, based on equity)	6% of starting balance (static)
Minimum Trading Days	5 days	3 days
Inactivity Limit	30 days	30 days (must trade monthly)

Prohibited Trading Strategies

To ensure fair trading and consistent risk management, the following strategies are strictly prohibited in both the challenge and funded stages:

• Scalping: Rapid trades intended to capture small price changes in a short time
• Cross-Hedging: Taking opposing positions on the same asset simultaneously
• High-Frequency Trading (HFT): Placing a large number of trades within fractions of a second
• Grid Trading: Setting buy and sell orders at fixed intervals without market consideration
• Stacking Trades: Opening multiple identical or similar positions in the same direction without closing previous ones
• Copy Trading: Replicating trades from another trader or external signal source

Using prohibited strategies will make you ineligible for a funded account.

Trading Platform & Tools

• Platform: MatchTrader (with mobile support)
• Trading Academy: Educational resources to sharpen trading skills
• AI Assistant: AI-powered assistance during the trading challenge
• Real-time market data: All trading happens in a simulated environment using real-time market prices and execution logic
• Dashboard: Pivex Funded Dashboard for account management and payout requests

Key Statistics

• Traders: 30,000+ worldwide
• Countries: 170+ served
• Trading accounts: $500M+ total
• Max user reward: $12,160
• Trustpilot score: 4.6 satisfaction rating
• Award: "Most Reliable Prop Firm 2025" FT Award
• Max account size: $200,000 (scaling to $1,000,000)
• Company: ALTEXX DIGITAL CORP., Dover, Delaware, USA