Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
A Complete Guide to MT5 Prop Firms: Strategies, Benefits, and Insights
An MT5 prop firm is a proprietary trading firm that lets you trade on the MetaTrader 5 platform using its capital. You pass a paid evaluation, then trade a funded account and keep a large share of the…
No Minimum Trading Days Prop Firms: A Complete Overview
A no minimum trading days prop firm lets you pass its evaluation, or reach a payout, without trading on a set number of calendar days first. You can qualify in just a few sessions, as soon as you hit the…
A Complete Guide to Prop Firm Crypto Payouts
A prop firm crypto payout is your profit share paid out in cryptocurrency, usually a stablecoin like USDC or USDT. After you hit the firm's profit and rule conditions, you request a withdrawal and receive…
Understanding Prop Firm Profit Splits: A Comprehensive Guide
A prop firm profit split is the share of trading profits you keep versus what the firm keeps, set as a fixed percentage. On an 80/20 split, you keep 80% of net profits and the firm takes 20%. Common splits…
Prop Firm Scaling Plans: How They Work, What They Cost, and How to Choose
A prop firm scaling plan lets your funded capital grow as you trade consistently, so you manage more money without buying a bigger account. You usually earn increases by hitting profit targets and taking…
A Complete Guide to Prop Firms That Allow News Trading
A prop firm that allows news trading lets you open and hold positions around high-impact economic events, like inflation reports or central-bank decisions. Not all firms permit this: some ban it, some…
Prop Firms vs Hedge Funds: Key Differences Explained
The core difference is simple. A prop firm lets you trade the firm's money for a share of the profits. A hedge fund invests other people's pooled money for a fee. A prop firm is a way to trade; a hedge fund…
What You Need to Know About Prop Firms Without Consistency Rules
A prop firm without a consistency rule lets you earn payouts no matter how your profits are spread out. You can make most of your gains in one big trade or one strong day, and still qualify. That freedom…
A Complete Guide to Prop Firms Without Trailing Drawdown
Prop firms without trailing drawdown use a fixed loss limit — usually a static or end-of-day drawdown — instead of one that chases your account's peak balance. Your maximum loss level is set from your…
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…
Understanding Swing Trading Prop Firms: A Comprehensive Guide
A swing trading prop firm is a proprietary trading firm whose rules let you hold funded positions for days or weeks, not just intraday. That means holding overnight and over weekends, which most day-trading…
Top Prop Trading Firms: What You Need to Know
The top prop trading firms are the ones whose rules, costs, and payouts fit how you trade — not simply the biggest names or the flashiest offers. Judge a firm by clear rules, a fair evaluation, transparent…