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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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 [email protected] 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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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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Can I hold my trades over the night or weekend?
Traders are permitted to hold their trades over the night and weekend
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Is copy trading allowed at FOREXIVE?
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.
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Scale-Up plan
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
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