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Blog Posted on9 months ago

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A person holding a laptop indoors at night, surrounded by technology and music.
Blog Posted on9 months ago

What is Risk Management in Forex Prop Trading?

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Country restrictions 

We have made the considered decision to restrict access to our services for residents of the USA. This decision comes after careful deliberation and analysis of various factors. While we value and appreciate all of our users, we believe that imposing this restriction is necessary to align with our company’s goals, policies, and compliance requirements. We understand that this may …

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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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Identity verification (KYC)

Once traders successfully pass their challenges, the verification section in the dashboard will become available, allowing them to proceed with the KYC (Know Your Customer) process.  Alternatively Email support@forexive.com and request for verification once traders successfully pass their challenges. Verification can take up 72 hours    Documents Required for KYC Verification: 1. Proof of Identity : A valid government-issued identification …

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