What 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 …
Continue ReadingWhat is a prop trading firm?
A proprietary trading firm is a financial institution that allocates its own capital to prop traders, allowing them to engage in market activities with the goal of earning returns for both the trader and the firm.
Continue ReadingWhy should I join FOREXIVE?
- June 13, 2024
- About FOREXIVE, All FAQ
- 0 Comments
Joining FOREXIVE Prop Trading Firm provides traders with exceptional benefits, making it an ideal choice for aspiring professionals. We offer innovative services such as no time limit challenges, allowing traders to achieve their goals without the pressure of deadlines. Our competitive offerings include balanced-based drawdowns, the lowest commissions and spreads, and extremely good customer support, ensuring a supportive and cost-effective …
Continue ReadingWhere are you located?
- June 13, 2024
- About FOREXIVE, All FAQ
- 0 Comments
FOREXIVE is a global proprietary trading platform based in the United Kingdom (UK). Location: 3rd Floor, 86-90 Paul Street, London EC2A 4NE
Continue ReadingChallenge Period
- June 13, 2024
- All FAQ, Evaluation 1-Step, Evaluation 2-Step
- 0 Comments
Our Evaluation challenges are designed to provide traders with the ultimate flexibility by eliminating time limits. This approach allows you to reach your profit targets at your own pace, ensuring a stress-free trading experience.
Continue ReadingProfit Target 1-Step
- June 13, 2024
- All FAQ, Evaluation 1-Step
- 0 Comments
Evaluation 1-Step Phase 1: Achieve a 10% 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.
Continue ReadingLeverage 1-Step
- June 13, 2024
- All FAQ, Evaluation 1-Step
- 0 Comments
Evaluation 1-Step With News Restriction Leverage (Standard) 1 : 50 Without News Restriction Leverage (Swing) 1 : 30
Continue Reading