Forexive, operating under the legal name of HF Global Solutions LTD, is a proprietary trading firm that offers traders an opportunity to trade with funded accounts upon successfully completing the trading challenge. Forexive's unique 1-Step and 2-Step challenge programs allow traders to choose their preferred path with flexible rules, competitive fees, and profit-sharing options. With unlimited time limits, high leverage, attractive scaling plan and a max capital allocation of $250,000, Forexive provides a rewarding platform for disciplined and skilled traders.

Challenge Details

Forexive offers two main challenge programs: the 1-Step Challenge and the 2-Step Challenge. Here are the details :-

1-Step Challenge Details :-

Pricing:

$5,000 Account: $65
$10,000 Account: $99
$25,000 Account: $199
$50,000 Account: $329
$100,000 Account: $569
$200,000 Account: $1099

Rules:

Profit Target: 10%
Total Loss: 6%
Daily Loss: 3%
Profit Share: 80%, up to 95% with scaling plan
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:50 for standard account, 1:30 for swing account
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Minimum Trading Days: 3 days

2-Step Challenge Details :-

Pricing:

$5,000 Account: $49
$10,000 Account: $75
$25,000 Account: $175
$50,000 Account: $325
$100,000 Account: $475
$200,000 Account: $999

Rules:

Profit Target (Phase 1): 10%
Profit Target (Phase 2): 5%
Total Loss: 12%
Daily Loss: 5%
Profit Share: 80%, up to 95% with scaling plan
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:100 for standard account, 1:30 for swing account
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Minimum Trading Days: 3 days

Scaling Plan

Forexive offers a scaling plan which allow traders to grow their funded account up to a maximum of $2 million.

To be Eligible :

Traders must achieve at least 8% profit within the 3-month period and these 3 months will be consecutive.
The account must be profitable in the last month.

Spreads and News Trading Rules

Spreads

Forexive offers high competitive spreads starting from as low as 0.0 pips, aiming to provide traders with an edge in the market. Traders can check the latest spreads for their preferred trading pairs by clicking on this link :- https://forexive.com/2024/06/07/spread-and-commission/

News Trading Rules

Forexive has two types of news trading options:

With News Restrictions: Higher leverage is available, but trading is restricted around high-impact news events.
Without News Restrictions: Allows traders to trade during news events, but with lower leverage due to increased market volatility.

Restrictions in News Trading:

Traders who opt for news trading restriction are not allowed to trade 5 minutes before and after any high impact news events. During this 10 minutes window, traders are not allowed to open or close any position and modify their Take Profit or Stop-Loss. Although traders are allowed to hold their positions throughout the news event.

Other Important Rules

Daily Drawdown Calculation

Forexive calculates daily drawdown based on the balance or equity whichever is higher at the end of the day and the drawdown type is Equity-based Drawdown, Which means the drawdown amount can increase or decrease based on the profit or loss of the account.

Countries Banned from Purchasing

As for now, Forexive does not permit access to its services for residents of the USA due to regulatory Reasons. Apart from that, all countries are welcomed to join Forexive Funding Program.

Prohibited Trading Strategies

Forexive has a list of prohibited trading strategies to maintain fair trading practices on their platform:

High-Frequency Trading
Latency Arbitrage
Gap Trading
Copy Trading from External Services
Account Management by Third-Party Services
Hedging or Group Hedging across Accounts
Arbitrage Trading (Long/Short, Reverse Arbitrage)
Tick Scalping, Grid Trading, One-Sided Betting
Account Sharing, Hyperactivity, Use of Platform/Data Freezing Exploits

Payout Methods

Forexive allow traders to withdraw their profits through:

Bank Transfer
Cryptocurrency: USDT TRC20, USDC ETH, BTC, ETH, LTC
Rise

Trading Commissions

Forexive offers a competitive commission rate of $3 per round lot on Forex pairs, commodities, and indices.

IP Rule

Forexive have an IP Address rule in which traders should use only one single IP address when accessing their accounts for safety. Any attempts to hedge across multiple accounts using the same IP or detect similar trading patterns will be viewed as a policy violation.

Company Information

Leave a Review for FOREXIVE – Share Your Prop Trading Experience

FOREXIVE

FAQs

Who is permitted to write a review on The Trusted Prop?

What areas can I focus on for providing a feedback in my review?

Do I need to upload some type of proof in order to leave a review?

How long does it take for my review to show up on the website?

Am I able to change or delete my review after submission?