Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
What Traders Read Most
- Most Popular#1Beginner Guide
Prop Trading Firms for Beginners: How They Work and How to Choose Your First Challenge
Short answer: prop trading firms for beginners hand you an account to trade once you clear their evaluation, so your own savings stay out of it. You pay a fee for the evaluation, trade inside…
9 min read - Top#2Prop Trading
How Do Prop Firms Make Money?
Prop firms make most of their money from evaluation fees — the one-time cost traders pay to attempt a funded-account challenge. Because the large majority of entrants never pass or stay funded, those fees…
7 min read - Hot#3Beginner Guide
Understanding Volume Profile: A Comprehensive Guide for Traders
Volume profile is a chart that distributes traded volume across price levels instead of across time. Its horizontal bars show where the market conducted the most and least business during a…
9 min read
Beginner Guide
Step-by-step roadmaps for traders starting funded challenges.
Descending Triangle Pattern: How to Read It and Trade the Break
Short answer: a descending triangle is a bearish continuation pattern built from a flat support line and a falling resistance line. Sellers keep stepping in at lower highs while buyers defend the…
9 min readBull Pennant Pattern: How to Identify It and Trade the Breakout
6 min readThe Evening Star Pattern: Identification, Trading Strategies, and Insights
6 min readRising Wedge Pattern: How to Identify It and Trade the Breakdown
6 min readProp Trading
Prop firm models, rules, and how firms evaluate traders.
Companies That Fund Traders: Everything You Need to Know
10 min readCan You Join a Prop Firm Outside the US? Eligibility, Verification and Payouts for International Traders
7 min readCan You Trade Options on a Funded Account? Why Most Firms Say No and What the Exceptions Require
8 min readLLC for Prop Firm Trading: What It Changes and What It Does Not
8 min readProp Firm Affiliate Program: How It Works and How to Judge One Honestly
9 min readForex
Funded forex accounts and currency-market challenge guidance.
Currency Correlation in Forex Trading: What It Measures and How to Use It
6 min readMajor Currency Pairs: What They Are and How to Trade Them
6 min readCarry Trade Explained: How the Rate Differential Pays or Costs a CFD Trader
8 min readCore CPI vs CPI: A Detailed Comparison for CFD Traders
Short answer: the core CPI vs CPI question comes down to one exclusion. Total CPI, also called all-items CPI, measures price changes across the whole urban consumer basket. Core CPI strips out…
6 min readPayouts
Guides on rewards, profit splits, and getting paid as a funded trader.
How Are Prop Firm Payouts Taxed? A Comprehensive Guide
Prop firm payouts are almost always taxable income. In most cases they are treated as ordinary income, often as self-employment or business income, rather than as capital gains. That means you usually owe…
9 min readWhat an Average Prop Firm Payout Looks Like, and What Decides It
8 min readEasiest Prop Firm to Get a Payout: The Rule Features That Make It So
11 min readHow Long Does a Prop Firm Payout Take? A Realistic Timeline From Request to Money
7 min readFutures
Funded futures accounts, automation rules, and futures-specific tips.
Prop Firms That Allow Automated Trading: Your Complete Guide
8 min readFutures vs Forex Funded Account: How the Two Evaluations Really Differ
8 min readGold Silver Ratio: What It Measures and How Traders Use It
7 min readCopper Trading: Drivers, Instruments, and Practical Risk Control
4 min readHow to Trade Crude Oil: Instruments, Drivers, and Risk Control
5 min readRisk Management
Position sizing, drawdown control, and surviving evaluation phases.
What is End of Day Trailing Drawdown?
8 min readCan You Get a Margin Call on a Funded Account?
7 min readFunded Account Rules Explained: Every Limit, What It Measures, and How to Stay Inside It
9 min readProp Firm Consistency Calculator: Formula, Worked Table and the 50 Percent Check
Short answer: a prop firm consistency calculator divides your largest winning day or trade by your total net profit and shows the result as a consistency percentage. If that percentage sits above…
7 min readFunded Trading
How funded accounts work, challenge paths, and trading with firm capital.
How Many Funded Accounts Can You Have at Once?
There's no single number—each prop firm sets its own cap, and they do it two different ways. Some limit the count of active funded accounts: certain firms allow around three active funded (sim) accounts, while others…
6 min readHow Funded Trading Works: A Complete Overview
9 min read150k Funded Account: What the Tier Means and How to Size Into It
7 min read200k Funded Account: What the Largest Tier Really Asks of You
8 min readChallenges
One-step vs two-step paths, resets, and preparing to pass.
Easiest Prop Firm to Pass: Judge the Rules, Not the Ranking
14 min readHow to Pass a Prop Firm Challenge: A Step-by-Step Plan With Worked Numbers
11 min readEight prop firm challenge mistakes to avoid, with the arithmetic behind each
9 min readWhat is a Prop Firm Challenge? A Complete Overview
11 min read1 Step Challenge Prop Firm: One Gate, Several Tests
9 min readLatest Articles
150k Funded Account: What the Tier Means and How to Size Into It
Short answer: A 150k funded account is a prop firm tier that lets you trade a notional 150,000 units of trading capital once you pass an evaluation. You keep most of the profit, the firm keeps the…
200k Funded Account: What the Largest Tier Really Asks of You
Short answer: a 200k funded account is the top evaluation tier at many prop firms, and it is a different job from the smaller sizes. The dollar figures behind each rule get large enough that one…
5k Funded Account: What $5,000 of Firm Capital Really Buys
Short answer: a 5k funded account is the smallest tier many prop firms sell, a prop trading account with a $5,000 starting balance. The firm agrees to fund the account after a challenge, or…
AI Trading Signals: What Is Inside One and How to Check It Before You Trade
Short answer: ai trading signals are trade alerts produced by a model instead of a person. Each one names an instrument, a direction, an entry, a stop and a target, and arrives by app, chat or…
Are Trading Bots Profitable? A Testing Framework Instead of a Verdict
Short answer: the question "are trading bots profitable" has no honest answer for bots in general. It only has one for a single bot, on one instrument, at one position size, after costs. A bot is…
What an Average Prop Firm Payout Looks Like, and What Decides It
Short answer: there is no reliable average prop firm payout, because the figure hinges on four inputs that differ from one trader to the next. Account size, profit split, the firm's caps and…
The Best AI Tools for Day Traders, Compared by Category
Short answer: the best ai tools for day traders are the ones that remove one specific chore from your session without touching your edge. There is no single winner. This page compares six…
Can You Get a Margin Call on a Funded Account?
Short answer: can you get a margin call on a funded account? Technically yes, because the trading platform still tracks margin level and will close positions at its stop-out level. In practice it…
Can You Join a Prop Firm Outside the US? Eligibility, Verification and Payouts for International Traders
Short answer: yes, in most cases. If you are asking "can you join a prop firm outside the us", the answer hinges on three checks rather than on your passport alone. The firm must accept your…
Can you run the same strategy on multiple funded accounts?
Short answer: can you run the same strategy on multiple funded accounts? Yes, at most prop firms you can, as long as every account is yours and the trades come from your own plan. Copying between…
Can You Trade Options on a Funded Account? Why Most Firms Say No and What the Exceptions Require
Short answer: can you trade options on a funded account? Only at a small number of firms, and only under tight rules. Most prop firms do not list options at all, and that is a deliberate choice.…
Easiest Prop Firm to Get a Payout: The Rule Features That Make It So
Short answer: the easiest prop firm to get a payout is the one whose rulebook puts the fewest conditions between your closed profit and your bank. Five features do most of the work: a short payout…