Author: admin

Does FOREXIVE allow Expert Advisor (EAs)?

Yes, using a third-party Expert Advisor is allowed, but only if it serves as a trade or risk manager. This means the EA must focus solely on managing account risk, such as adjusting stop-losses, take-profits, or position sizes. Any other type of Expert Advisor, especially one that autonomously executes trades, is not allowed. Violating this rule will result in the …

Continue Reading

How to join prop trading firm?

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 Reading
A person holding a mobile and there is a computer in front of him with him indoors at night, surrounded by technology, trading graphs, and music.

How to Start Forex Trading: 5 Tips for Beginners

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. …

Continue Reading
A person holding a laptop indoors at night, surrounded by technology and music.

What is Risk Management in Forex Prop Trading?

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 Reading

Why do you charge a fee?

The 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 Reading