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 …
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
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Continue ReadingAffiliate payout requests are processed on a monthly basis, with payments made on the 30th or 31st of each month. This ensures timely and consistent earnings for all affiliates.
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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 …
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