One Phase, No Time Limit
The Pivex Challenge has one phase. Reach a 10% profit target, stay inside a 4% daily loss limit and a 6% maximum loss, trade on at least 5 days, and the evaluation is complete. There is no second phase and no time limit.
For an experienced trader, that removes two familiar pressures: proving the same performance twice, and forcing trades to beat a deadline. You can wait for your conditions and trade only when they appear.
One rule shapes the pace: your largest trading day stays under 50% of total profit. On a $100K account with a $10,000 target, that means a best day below $5,000, which suits a process built on repeatable days rather than one large position.
A Static 6% Maximum Loss
The maximum loss is 6% of the starting balance, and it is static. It does not move up as the account grows. On a $100K account, the limit sits at $94,000 whatever your peak balance has been.
That changes how you can think about open profit. Once the account is above its starting balance, gains add to your room instead of lifting the floor beneath you. The 4% daily limit still applies each day, so a static floor never replaces daily risk control.
| Account size | Profit target (10%) | Daily loss limit (4%) | Maximum loss level (6%, static) |
|---|---|---|---|
| $50K | $5,000 | $2,000 | $47,000 |
| $100K | $10,000 | $4,000 | $94,000 |
The $100K Account
If you are looking for a 100K prop firm account, the place to start at Pivex is a $100K Challenge on Membership, which adds a new account every 30 days and stops billing once you pass and complete verification.
Membership has no inactivity rule during the Challenge, so a quiet week does not cost you the account. Because the rules are the same on every size, $100K adds no new conditions. It changes the dollar value of each limit and the position sizes your process can run within them.
Rewards at the Pivex Trader Stage
At the Pivex Trader stage, the reward split is 80% of the profit on the account, and rewards depend on your own trading results.
- First reward request
- 14 days after the Pivex Trader account is activated, once you have 5 trading days and verification is done
- After that
- Every 14 days
- Payment
- USD by bank transfer, $50 minimum
Pivex covers its own bank transfer commission, so there is no fee for requesting a reward. Your bank may charge its own fees for receiving the payment.
From the Challenge to the Pivex Trader Stage
Close all trades when the target is reached. An Upgrade Account banner then appears in your dashboard, and the move to the Pivex Trader stage takes three steps.
- 1.Request the upgrade, and the team reviews the account.
- 2.Accept the Trader Agreement in the dashboard.
- 3.Verify your identity (KYC) with a government photo ID and a selfie.
At the Pivex Trader stage there is no profit target. The 4% daily and 6% maximum loss limits, the 5 trading day minimum and the consistency rule stay in place, so the process that passed the Challenge is the one to keep running.
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