Are there any fees associated with the withdrawal request?
We do not charge any additional fees for affiliate commission withdrawals.
Continue ReadingDoes FOREXIVE allow Expert Advisor (EAs)?
- November 21, 2024
- All FAQ, Evaluation 1-Step, Evaluation 2-Step, Evaluation 3-Step
- 0 Comments
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 …
Continue ReadingWhat should I do after passing the challenge phase?
Once you successfully pass the challenge phase, the next step is to contact our support team to proceed to the next phase. Please send an email to support@forexive.com with your account details. Our team will verify your results and provide you with the necessary credentials for Phase 2. If you have any additional questions, don’t hesitate to reach out to …
Continue ReadingHow to join prop trading firm?
To join FOREXIVE as a prop trader, you can choose between our 1-step or 2-step evaluation models: 1-Step Model: Pass a single evaluation by meeting the profit target and following risk management rules, and you’ll get funded instantly. 2-Step Model: Complete two evaluation phases, both with specific profit targets and risk limits, before earning your funded account. Simply sign up …
Continue ReadingWhat does a prop trading firm do?
A prop trading firm is a company that provides its traders with access to capital. In return, the traders share a percentage of the profits they generate with the company.
Continue ReadingWhat is the difference between a (Standard Account) and a (Swing Account)?
- August 6, 2024
- All FAQ
- 0 Comments
In our prop firm, the main difference between a Standard Account and a Swing Account lies in their leverage and trading restrictions.
Continue ReadingWhat happens if you lose money in a prop firm?
Traders may face risk limits, suspended trading, or even termination if they consistently exceed the agreed-upon loss limits.
Continue ReadingHow Do I Change My Password?
To reset your dashboard password, simply click on the “Forgot Password” link. You’ll then be guided through the steps to reset and change your password.
Continue ReadingWhy do you charge a fee?
The FOREXIVE fee is a charge designed to cover the various services provided to you as an FOREXIVE trader, including MetaTrader platforms and brokerage services. Importantly, this fee represents the maximum financial risk to you, as any losses on the FOREXIVE Account are absorbed by us. Additionally, the fee is reimbursed and returned to you with your first performance payout …
Continue ReadingDo you charge any other fees other than the initial assessment cost?
We do not charge any additional or hidden fees. You are able to customise your 1 phase and 2 phase assessment at the checkout if you wish, which carry a one time charge. The fee covers the challenge and verification (for 2 phase), we do not charge any recurring fees. Your assessment fee will also be reimbursed to you with …
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