What are the available withdrawal methods?
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admin
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June 7, 2024
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All FAQ, General
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At present, the available withdrawal methods include bank transfer, crypto currency (USDT Trc20, USDC Eth, BTC, ETH, LTC), and Rise with plans to introduce a diverse range of convenient withdrawal methods in the near future, ensuring utmost flexibility in accessing your profits.
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Spread and commission
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admin
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June 7, 2024
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All FAQ, General
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FOREXIVE aims to offer traders with lowest the most competitive spreads in the market. start from 0.0 pips, with a commission of $3 per round lot on Currency Pairs, Commodities and indices.
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Identity verification (KYC)
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admin
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June 7, 2024
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All FAQ, General
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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 [email protected] 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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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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Refundable fee
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admin
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June 7, 2024
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All FAQ, General
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The challenge fee is refundable within the first pay out once you successfully pass all your phases. Successful trades will also receive an extra 20% of the challenge fee, in addition to the challenge fee, making it a total of 120% of the challenge fee.
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Profit split and Pay out
The first payout is 80% of the profits. From the second payout onward, traders receive 85% of the profits. After Scale up 95% First payment will be after four weeks and every two weeks (14 Days) after the first payment Requirements for the first payment: Traders can request a payout through dashboard once met all the requirements and complied with …
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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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