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Quick answers to the questions traders ask most before they start. Each one links to the full answer in our help centre.
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.
Read the full answerPlatform 5.
Read the full answerThe challenge fee is refundable within the first reward once you successfully pass all your phases. Successful traders also receive an extra 20% of the challenge fee, on top of the fee itself, making a total of 120% of the challenge fee.
Read the full answerFOREXIVE operates a zero-tolerance policy against any form of abuse, manipulation or unethical behaviour on the platform. Any activity that attempts to exploit systems, manipulate pricing or gain an unfair advantage is strictly prohibited.
Read the full answerTrading during news is allowed while you are in the challenge phase, giving you full flexibility to use your strategy. Once you become funded, news trading is restricted.
Read the full answerThere is no limit on how many accounts you can have with FOREXIVE, but the maximum capital allocation is $400,000.
Read the full answerOnce traders successfully pass their challenges, the verification section in the dashboard becomes available, allowing them to proceed with the KYC process. Verification can take up to 72 hours.
Read the full answerAccess is a flexible way to join trading challenges without paying the full cost upfront. Instead of paying the full amount at the start, you join with staged payments — $10 for 1-Step and $5 for 2-Step. Once you pass all steps successfully, you pay the full amount and activate your funded account.
Read the full answer