Pivex does not offer traditional deposits or account top-ups, nor does it accept actual trading funds. Traders only need to pay challenge fees and additional service fees, all of which are completed through an online payment system. According to the official description, the platform supports the following payment methods:
| Payment Method Category | Description | FXknows Analysis |
| Credit/Debit Card (VISA / Mastercard) | Challenge fees can be paid directly with bank cards, and payment is confirmed instantly. | Mainstream payment method, suitable for users in most regions, with fast processing speed. |
| Apple Pay | Suitable for Apple device users, enabling one-click payment. | High convenience on mobile terminals, reducing payment failure rates. |
| Google Pay | Suitable for Android device users, linked to bank accounts or cards. | Wide global coverage, suitable for mobile users. |
| Other Third-Party Payments (such as payment gateways like Stripe) | Payments in some regions are deducted through third-party channels, which automatically match available methods. | Availability depends on the trader's region, with high flexibility. |
Note:Pivex does not support traditional broker deposit methods such as bank wire transfers, cryptocurrency deposits, and e-wallet deposits, as it does not handle clients' actual trading funds and only charges service fees.
| Withdrawal Method Category | Description | FXknows Analysis |
| Bank Transfer | Profit shares can be released to the trader's personal bank account via international bank transfer. | It is the main withdrawal method with high stability; the arrival time depends on the local banking system. |
| Third-Party Payment Channels (provided by region) | Profit distribution can be completed through payment service providers or financial channels in some regions. | It has relatively high flexibility, but the specific channels vary by region and compliance requirements. |
| Minimum Withdrawal Amount: US $50 | The official rule requires a minimum withdrawal amount of $50. | It is beneficial for traders to quickly test the withdrawal process and improve transparency. |
| Advantages | Disadvantages |
1.No Time Limit: There's no deadline for achieving the 10% profit target, allowing for greater flexibility. 2.Clear Rules: The 4% daily drawdown and 6% total drawdown are publicly transparent, facilitating risk control. 3.High Profit Sharing: Your trading account can receive up to 90% of the profits. 4.Comprehensive Educational Resources: Academy courses and a knowledge base are provided for easy learning and review. 5.Support for Expansion: Long-term stable profitability allows for gradual account size increases. | 1.No financial regulatory license: This is a proprietary trading company and does not provide client fund custody services. 2.Non-refundable challenge fees: Fees are not refundable after failure or violation. 3.Profits depend on platform execution: Profit sharing and fee refunds depend on the platform's continued operation. 4.Strategy restrictions exist: Some high-frequency and hedging strategies are restricted. |
Pivex (Pivex Funded) is a proprietary trading firm operating on a funding challenge model. It assesses traders' risk management and profitability, providing qualified traders with demo accounts and profit sharing. The platform does not engage in traditional forex brokerage services, nor does it accept margin deposits from clients. Its core services are "trading ability assessment," "performance evaluation," and "profit sharing partnerships." Pivex provides demo trading in a real-market environment through the MatchTrader platform and uses transparent rules to select traders with stable profitability, positioning itself as a global platform for funding support and skill development for traders.
Pivex explicitly operates as a proprietary trading firm, does not accept client funds in custody, and traders only pay challenge fees and additional service fees, without involving actual investment funds. Both challenge accounts and fund accounts are virtual environments; actual withdrawable profits come only from profit sharing after traders achieve their goals. Because it is not subject to the traditional forex brokerage license regulatory system, Pivex does not offer investor compensation programs, client fund segregation, or custody mechanisms. Its core risk lies in the platform's ability to fulfill its obligations and the stability of its rule enforcement. Traders should familiarize themselves with drawdown limits, challenge rules, and profit-sharing policies to ensure participation under controllable risk.
Pivex explicitly operates as a proprietary trading firm, does not accept client funds in custody, and traders only pay challenge fees and additional service fees, without involving actual investment funds. Both challenge accounts and fund accounts are virtual environments; actual withdrawable profits come only from profit sharing after traders achieve their goals. Because it is not subject to the traditional forex brokerage license regulatory system, Pivex does not offer investor compensation programs, client fund segregation, or custody mechanisms. Its core risk lies in the platform's ability to fulfill its obligations and the stability of its rule enforcement. Traders should familiarize themselves with drawdown limits, challenge rules, and profit-sharing policies to ensure participation under controllable risk.
| Account Type | Suitable For | Main Features | FXknows Analysis |
| Trading Challenge Account | Individual traders with certain trading experience who hope to obtain amplified capital through capital challenges | The account provides simulated capital scales ranging from $5K to $200K. Traders need to achieve a 10% profit target without time restrictions and comply with 4%/6% drawdown and other rules. | Suitable for traders who are confident in their strategies and willing to accept strict risk constraints. For trading styles that are used to high leverage and short-term high frequency, drawdown restrictions may be relatively harsh. |
| Funded Trader Account | Traders who have passed the challenge assessment and hope to stably obtain profit sharing | After passing the review, the account is upgraded to a funded account, and traders can get 80% or 90% of the actual profit sharing. At the same time, they still need to comply with drawdown and risk control rules. | The funded account stage emphasizes prudence and long-term consistency more. Violations may lead to account cancellation, so it is more suitable for professional traders with medium and long-term planning. |
| Trial/Experience Account (if provided) | Potential customers who want to get familiar with spreads, platform functions and drawdown rules | The help center mentions that trial accounts can be provided to customers to view spreads, which are used to experience the trading environment and are distinguished from official challenge accounts. | For users who are exposed to this model for the first time, it is recommended to first confirm the platform's trading conditions and system stability through the trial, and then decide whether to purchase the official challenge. |
Pivex offers multiple demo accounts, ranging from $5,000 to $200,000. Specific fees can be found on the official website's purchase page.
| Item | Pivex Disclosed Information | FXknows Analysis |
| Optional Account Sizes | $5K / $10K / $25K / $50K / $100K / $200K simulated capital | The tiered settings cover needs from small-scale testing to medium and large accounts, which is beneficial for traders to choose appropriate leverage and targets based on their own capital management capabilities. |
| Pricing Model | Each account size corresponds to a one-time challenge fee, which is non-recurring and not charged monthly. The specific amount is subject to the official website display. | The one-time fee structure is transparent, avoiding the hidden costs of long-term subscriptions. However, if the challenge fails, you need to pay again, which puts higher requirements on strategy execution. |
| Challenge Fee Refund | After passing the challenge and obtaining the third profit share in the funded account stage, you can apply for a refund of the initial challenge fee. | From a long-term cooperation perspective, the fee refund mechanism can reduce the early cost pressure to a certain extent, but the premise is that traders can achieve stable profits and complete multiple withdrawals. |
| Payment Methods | Supports credit/debit cards, Apple Pay, Google Pay and other electronic payment methods. | The diverse payment methods are convenient for global users; but it also means that traders need to ensure the security of their bank cards and payment tools. |
Pivex views the challenge process as an assessment of "long-term stable trading ability," and the official knowledge base provides clear explanations regarding targets, drawdowns, minimum trading days, and other aspects.
| Rule Category | Official Rule Summary | FXknows Analysis |
| Profit Target | Achieve a net profit of 10% of the initial simulated capital to complete the challenge and enter the funded account stage. | The target is not extremely aggressive, but under the constraint of 4%/6% drawdown limits, traders need to advance steadily under controllable risks. |
| Daily Maximum Drawdown | Based on the account equity at 00:00 UTC daily, the daily equity decline shall not exceed 4%. | Suitable for traders who adopt diversified trading and medium position strategies, avoiding single-day heavy position speculation. |
| Overall Maximum Drawdown | 6% of the initial account balance, a fixed static drawdown limit for the entire process. | The static drawdown rule will relatively tighten as the account profits, requiring traders to maintain conservative risk control after making profits to avoid the situation of "winning more but losing all". |
| Minimum Trading Days | At least 5 valid trading days. If you purchase the "minimum trading day exemption" additional service, you can skip it. | It is beneficial to encourage long-term and continuous trading rather than achieving the target through one-time heavy positions. |
| Allowed/Prohibited Strategies | The platform emphasizes the prohibition of high-risk behaviors such as "gambling-style trading" and imposes restrictions on some strategies (such as extreme high frequency, hedging, etc.). The specific details are subject to the official strategy and restriction instructions. | The strategy constraints reflect the platform's requirements for sustainability and fairness, suitable for strategy-oriented traders focusing on technology/trend/segment. |
Pivex offers a variety of Contracts for Difference (CFDs) through its partner trading platform MatchTrader to assess traders' execution capabilities in real-world market environments. All products are traded with demo funds, and prices are derived from real-time market data from liquidity channels; no actual assets are held in custody.
| Product Category | Specific Tool Examples | Trading Characteristics | FXknows Analysis |
| Forex | EURUSD, GBPUSD, USDJPY and other major and cross currency pairs | Spreads change with market fluctuations, suitable for trend, swing, and intraday strategies. | As the main challenge instruments, they have high liquidity and are suitable for strategies with clear execution discipline. |
| Indices | US30, US500, NAS100, DE40, etc. | High volatility, suitable for short-term and swing trading, with significant differences in liquidity by time period. | Strict position management is required to avoid triggering daily/overall drawdown limits. |
| Commodities | XAUUSD (Gold), XAGUSD (Silver), USOIL (Crude Oil) | Heavily influenced by macro events, with rapid price movements. | Price fluctuations of financial commodities can quickly expand floating losses, making them sensitive to drawdowns. |
| Stocks (Stocks CFD) | U.S. tech stocks, U.S. blue-chip stocks, etc. (e.g., AAPL, TSLA, etc.) | Provided in CFD form, no actual stock ownership. | Beneficial for executing single-instrument trend strategies, but attention should be paid to trading hours and gap risks. |
| Crypto CFD (Crypto) | Major crypto assets such as BTCUSD, ETHUSD | Positions change rapidly with market fluctuations, and trading remains active on weekends. | Extremely volatile, requiring extremely high risk control. |
Pivex uses MatchTrader as its core trading platform and provides performance monitoring and rule tracking through its own Dashboard.
| Item | Description | FXknows Analysis |
| Trading Terminal | MatchTrader web and mobile terminals, supporting multi-asset trading and real-time market display, and can integrate TradingView charting tools. | Friendly to traders who are used to mainstream charting platforms, facilitating technical analysis and multi-timeframe observation. |
| Performance Monitoring | Exclusive Dashboard displays real-time account profit, drawdown, position status, and whether rules are close to being triggered. | For traders who need to strictly control daily and overall drawdowns, the visualized data provided by the Dashboard is very critical, helping to adjust positions in a timely manner. |
| Stability and Usability | The official positions MatchTrader as an "advanced web and mobile platform", emphasizing intuitive operation and real-time market condition display. | The overall technical solution leans towards "lightweight + easy to get started", suitable for traders who want to get started quickly. For high-frequency/quantitative traders, the lack of an API interface may be a certain limitation. |
Pivex considers education and knowledge base development as key pillars of its brand, primarily including:
1. Pivex Funded Trading Academy: Covering course modules such as technical analysis, fundamental analysis, risk management, and strategy case studies;
2. Knowledge Base Articles: Systematically explaining basic trading concepts (such as point value, margin, stop-loss/take-profit), CFD operating mechanisms, and risk management methods;
3. Strategy and Case Sharing: Showcasing typical trading strategies and application scenarios through the "Strategy and Risk Management" module.
| Comparison Dimension | Pivex Performance | FXknows Analysis |
| Content Completeness | Covers multi-level content from introduction, terminology explanation to strategy cases, and some articles provide customized explanations for capital challenge scenarios. | It is relatively friendly to beginner and intermediate traders, but the content focuses more on method introduction and concept popularization. For 资深 professional traders, it may be more of a systematic organization of existing knowledge. |
| Update Frequency | Judging from the "popular articles" and update time, relevant entries and rule explanations are still being continuously updated in 2024-2025. | Continuous updates help maintain the transparency of rules and the timeliness of educational content, and it is also one of the reference indicators for evaluating the operational activity of the platform. |
| Practicality | Emphasizes how to apply strategies and control drawdowns in the Pivex capital challenge environment, explaining actual cases from shallow to deep. | The educational content is closely integrated with the platform rules, suitable for traders who want to deeply understand the challenge mechanism and optimize strategies around the rules. |
Pivex offers a variety of contact methods and support channels:
| Channel | Service Description | FXknows Analysis |
| Live Chat | The website has a built-in online chat function for answering challenge rules, payment issues, and technical support. | It is especially important for cross-time-zone traders, who can get quick responses when encountering account or rule doubts. |
| Email Support | Official email: support@pivex.com, used to handle account, payment, rule disputes and other issues. | Email support is suitable for scenarios where communication records need to be kept. It is recommended to use email for key issues to preserve evidence. |
| Knowledge Base/FAQ | Provides detailed rule explanations, operation guides, and answers to frequently asked questions. | The knowledge base content is relatively systematic. It is recommended that traders read the entries related to their strategies in full before purchasing challenges. |
| Community & Social Channels | The official description mentions community channels (such as Discord, etc.) for announcements, interactions, and distribution of some educational content. | Communities are beneficial for obtaining platform updates, but since most community information is informal, official documents shall prevail when it comes to rules and contracts. |
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