• June 7, 2024
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Traders are permitted to hold their trades over the night and weekend  

• June 7, 2024
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No, copy trading is prohibited at FOREXIVE. Any copy trade between accounts not owned by the same individual and any trader who cooperates with FOREXIVE is traceable and strictly prohibited. If done, all accounts will be terminated, and no money will be returned. Traders can only copy trader between accounts owned by the same individual.

• June 7, 2024
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Account growth takes place over a 3-month cycle and 40% increase to your balance every time, up to a maximum 2 million. Account growth requirements 

• June 7, 2024
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No, there are no restrictions on lot sizes (minimum or maximum) or trading strategies, allowing traders the freedom to trade any trading style if trades are within the risk management principles. Using stop loss or take profit is not necessary, but it is suggested to be used for better risk management  Bear in mind that the above matter does not …

• June 7, 2024
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Evaluation 2-Step  Phase 1: 3 Trading days  Phase 2: 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.

• June 7, 2024
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Evaluation 2-Step  The daily drawdown is 5% 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 5% ($2500). If your account balance/equity falls below $47,500 at any point in a day …

• June 7, 2024
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Evaluation 2-Step  Maximum drawdown is 12% of the account’s initial balance and the balance/equity of the account should not exceed the limit  Example 1: Imagine you start trading with a $50,000 account and your Maximum Drawdown is capped at 12% ($6000). If your account balance/equity falls below $44,000 at any point in a day it will be considered a violation …

• June 7, 2024
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Evaluation 2-Step  Phase 1: Achieve a 10% profit target with unlimited trading period   Phase 2: Achieve a 5% 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