Leverage 3-Step
- March 10, 2025
- All FAQ, Evaluation 3-Step
- 0 Comments
Evaluation 3-Step With News Restriction Leverage (Standard) 1 : 100 Without News Restriction Leverage (Swing) 1 : 30
Continue ReadingEvaluation 3-Step With News Restriction Leverage (Standard) 1 : 100 Without News Restriction Leverage (Swing) 1 : 30
Continue ReadingEvaluation 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.
Continue ReadingEvaluation 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 …
Continue ReadingEvaluation 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 …
Continue ReadingEvaluation 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
Continue ReadingYes, 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 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 ReadingWe 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 …
Continue ReadingIf 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 …
Continue ReadingAt 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 …
Continue Reading