A 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.
Continue ReadingJoining FOREXIVE Prop Trading Firm provides traders with exceptional benefits, making it an ideal choice for aspiring professionals. We offer innovative services such as no time limit challenges, allowing traders to achieve their goals without the pressure of deadlines. Our competitive offerings include balanced-based drawdowns, the lowest commissions and spreads, and extremely good customer support, ensuring a supportive and cost-effective …
Continue ReadingFOREXIVE is a global proprietary trading platform based in the United Kingdom (UK). Location: 3rd Floor, 86-90 Paul Street, London EC2A 4NE
Continue ReadingOur Evaluation challenges are designed to provide traders with the ultimate flexibility by eliminating time limits. This approach allows you to reach your profit targets at your own pace, ensuring a stress-free trading experience.
Continue ReadingEvaluation 1-Step Phase 1: Achieve a 10% profit target with unlimited trading period. FOREXIVE Trader: No specific profit target is set when you become an FOREXIVE trader, providing you the freedom to trade with peace of mind.
Continue ReadingEvaluation 1-Step With News Restriction Leverage (Standard) 1 : 50 Without News Restriction Leverage (Swing) 1 : 30
Continue ReadingEvaluation 1-Step Phase 1: 3 Trading days It’s important to note that only opening and closing a trade on a same day counts as a trading day for instance if a trade opens on a Monday and closes on Wednesday it only counts as 1 trading day.
Continue ReadingEvaluation 1-Step The daily drawdown is 3% of the account’s starting balance of the day. If your account balance/equity falls below it will be considered a violation of the rules Example 1: Imagine you start trading with a $50,000 account and your daily drawdown is 3% ($1500). If your account balance/equity falls below $48,500 at any point in a day …
Continue ReadingEvaluation 1-Step Maximum drawdown is 6% of the account’s initial balance and the balance/equity of the account should not exceed the limit. Example: Imagine you start trading with a $50,000 account and your Maximum Drawdown is capped at 6% ($3000). If your account balance/equity falls below $47,000 at any point in a day it will be considered a violation of …
Continue ReadingEvaluation 2-Step With News Restriction Leverage (Standard) 1 : 100 Without News Restriction Leverage (Swing) 1 : 30
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