Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
How to Trade Within Drawdown Limits: Strategies and Best Practices
To trade within drawdown limits, cap the risk on every trade to a small, fixed share of your account, set a hard daily loss stop well inside the limit, and shrink your position size as losses build. The aim is…
Do You Need Experience to Get Funded to Trade?
No, you do not need formal experience or credentials to get funded to trade. Prop firms fund traders at every level. Many firms, for example, state that you do not need to be a professional trader to join. What they…
How to Withdraw Profits from a Funded Account: A Complete Guide
You withdraw profits from a funded account in four steps: qualify, request, verify, and get paid. Meet the firm's eligibility rules, then submit a payout request in your dashboard. Pass a quick KYC check, and receive…
Understanding Free Funded Trading Accounts with No Deposit
A "free funded trading account with no deposit" lets you trade a firm's capital without wiring in your own money. But a genuinely free account that pays real profit, with zero cost or conditions, essentially does not…
Are Funded Trading Challenges a Waste of Money?
A funded trading challenge is a waste of money if you're an unprepared beginner. Without a proven strategy, you'll likely breach a drawdown limit and lose the fee. But for a disciplined trader with a tested edge,…
Funded Account vs Personal Account: A Comprehensive Comparison
A funded account lets you trade a proprietary firm's capital after you pass a paid evaluation. You keep a large share of the profits—often up to around 90% at leading firms, though the split varies by provider—but…
Is Getting Funded Better Than Trading Your Own Money?
Neither is universally better. Getting funded wins if you have a proven edge but little capital: you trade large size while risking mainly the evaluation fee. Trading your own money wins if you want full freedom and…
A Complete Guide to Funded Forex Trading Accounts
A funded forex trading account lets you trade currencies with a proprietary trading firm's capital instead of your own. You prove your skill by passing an evaluation (usually hitting a profit target while respecting…
Is It Hard to Get a Funded Trading Account? A Comprehensive Guide
Yes — getting a funded trading account is genuinely hard, but it's a difficulty of discipline, not luck. Most traders don't pass, because evaluations require hitting a profit target while never breaching strict…
Funded Futures Trading Accounts: Everything You Need to Know
A funded futures trading account lets you trade exchange-listed futures with a proprietary trading firm's capital instead of your own. You first pass a paid evaluation that proves you can hit a profit target while…
What to Do When You Keep Blowing Your Trading Account
If you keep blowing your trading account, the fix is almost never a better strategy — it's better risk control and emotional discipline. Stop trading right now, identify the exact mistake that keeps repeating…
Funded Trading for Beginners: A Comprehensive Guide
Yes, you can start funded trading with no experience—but "no experience" is the starting line, not a shortcut. Funded trading means a proprietary ("prop") firm lets you trade its capital after you pass a paid…