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All FAQ, Evaluation 3-Step Posted on2 hours ago

Leverage 3-Step

Evaluation 3-Step With News Restriction Leverage (Standard) 1 : 100 Without News Res ..

All FAQ, Evaluation 3-Step Posted on2 hours ago

Minimum Trading Days 3-Step

Evaluation 3-Step Phase 1: 3 Trading days Phase 2: 3 Trading days Phase 3: 3 Trading ..

All FAQ, Evaluation 3-Step Posted on2 hours ago

Daily Drawdown 3-Step

Evaluation 3-Step The daily drawdown is 5% of the account’s starting balance of th ..

Minimum Trading Days 3-Step

Evaluation 3-Step Phase 1: 3 Trading days Phase 2: 3 Trading days Phase 3: 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.

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Daily Drawdown 3-Step

Evaluation 3-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 The daily drawdown limit resets at midnight (Brokers Time) Example 1: Imagine you start trading with a $50,000 account and your daily drawdown is 5% ($2500). If your account balance/equity falls …

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Maximum Drawdown 3-Step

Evaluation 3-Step Maximum drawdown is 5% 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 5% ($2500). If your account balance/equity falls below $47,500 at any point in a day it will be considered a violation …

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Profit Target 3-Step

Evaluation 3-Step Phase 1: Achieve a 5% profit target with unlimited trading period Phase 2: Achieve a 5% profit target with unlimited trading period Phase 3: 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

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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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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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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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