To join FOREXIVE as a prop trader, you can choose between our 1-step or 2-step evaluation models: 1-Step Model: Pass a single evaluation by meeting the profit target and following risk management rules, and you’ll get funded instantly. 2-Step Model: Complete two evaluation phases, both with specific profit targets and risk limits, before earning your funded account. Simply sign up …
Continue ReadingA prop trading firm is a company that provides its traders with access to capital. In return, the traders share a percentage of the profits they generate with the company.
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Tip No. 1: Understand the Forex Market Still learning the basics of how Forex operates? Here’s a quick review for beginners. While there’s much to explore, mastering these basics will lay a solid foundation. In the Forex market, currencies are traded in pairs, meaning each trade involves the exchange of two currencies. For instance, the pair USD/JPY represents the U.S. …
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What is Risk Management in Forex Prop Trading? Risk management is a fundamental concept across industries like insurance, financial services, and trading. It involves recognizing and strategically managing the risks inherent in an organization’s operations to keep them within acceptable limits. In finance, particularly trading, some level of risk is inevitable. While all types of trading come with risks, Forex …
Continue ReadingIn our prop firm, the main difference between a Standard Account and a Swing Account lies in their leverage and trading restrictions.
Continue ReadingTraders may face risk limits, suspended trading, or even termination if they consistently exceed the agreed-upon loss limits.
Continue ReadingTo reset your dashboard password, simply click on the “Forgot Password” link. You’ll then be guided through the steps to reset and change your password.
Continue ReadingThe FOREXIVE fee is a charge designed to cover the various services provided to you as an FOREXIVE trader, including MetaTrader platforms and brokerage services. Importantly, this fee represents the maximum financial risk to you, as any losses on the FOREXIVE Account are absorbed by us. Additionally, the fee is reimbursed and returned to you with your first performance payout …
Continue ReadingWe do not charge any additional or hidden fees. You are able to customise your 1 phase and 2 phase assessment at the checkout if you wish, which carry a one time charge. The fee covers the challenge and verification (for 2 phase), we do not charge any recurring fees. Your assessment fee will also be reimbursed to you with …
Continue ReadingA proprietary trading firm is a financial institution that allocates its own capital to prop traders, allowing them to engage in market activities with the goal of earning returns for both the trader and the firm.
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