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 …
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Challenge Period
Our 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.
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Leverage 2-Step
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June 12, 2024
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All FAQ, Evaluation 2-Step
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0 Comments
Evaluation 2-Step With News Restriction Leverage (Standard) 1 : 100 Without News Restriction Leverage (Swing) 1 : 30
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IP address
We strongly advise traders to adhere to a single IP address to prevent any potential breaches of our firm’s policies concerning multiple IP addresses. Should we detect any similarities or discrepancies in trading strategies, such as hedging across multiple accounts using the same IP address, it will be regarded as a violation of our regulations. Maintaining transparency and integrity in …
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Inactivity period
If you fail to log into your trading account and execute a trade for 15 consecutive days, your account will be designated as inactive, and the system will classify it as failed. In such cases, please contact our support team at support@forexive.com to request a new account. If you have placed a trade but do not execute another trade for …
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Restricted/Prohibited Trading Strategies
At FOREXIVE, ensuring fair and ethical use of our platform is paramount. We have a zero-tolerance policy towards any form of cheating or exploitation, manipulating systems or algorithms, using automated tools or scripts, engaging in fraudulent activities, or any other behavior that undermines the integrity of our platform. This includes High-Frequency Trading, Reverse Trading, Latency Trading, Gap trading, Copy Trading …
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Am I allowed to change my Metatrader account password?
Changing the investor’s password is prohibited and it will be considered a violation of the rules. Account information will be available on your dashboard and sent to your email, and it is the traders’ responsibility for its security and keeping the credentials safe.
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Profit split and Pay out
The first payout is 80% of the profits. From the second payout onward, traders receive 85% of the profits. After Scale up 95% First payment will be after four weeks and every two weeks (14 Days) after the first payment Requirements for the first payment: Traders can request a payout through dashboard once met all the requirements and complied with …
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Can I trade during the news?
Our evaluation challenges come in two types: one with news restrictions and one without. In the type with news restrictions, traders can use higher leverage, benefiting from a more stable trading environment. In the type without news restrictions, traders have the freedom to trade during news events, but the leverage is lower to manage the increased risk from market volatility. …
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Crypto currency
Trading crypto currency pairs (Pending Orders ،TP ،SL, Buy, Sell) during weekend and holidays is prohibited and it will be considered as violation of the rules this include closing trades opened before weekend on all accounts.
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