FOREXIVE prop firm offers funded challenges ranging from 5k to 200k USD with the possibility of a scaling plan, allowing up to 2 million dollars in virtual funding. The firm promises to refund 20% of fees paid for the challenge upon passing evaluation and offset prices from 49 dollars to its $5,000 2-step challenge. The firm offers two types of challenges, 1-step, and 2-step, and traders can speculate on popular asset types such as Forex pairs, indices, and commodities.
In today’s FOREXIVE review, we will assess the firm’s most critical features such as safety, rules, funding options, assets, fees, platforms, support, and more.
Pros & cons of FOREXIVE prop firm
Pros
- Ability to withdraw with $0 fees
- Offers access to MetaTrader 4, MetaTrader 5
- Fast and digital account opening/verification
- Most payment options are free and instant
Cons
- Low total loss limit of 6%
- Lacks safety, as the firm is young and lacks trader reviews
- The firm only offers FX, commodities, and index trading
- Lacks phone support and is not multilingual
Safety of FOREXIVE – 0
FOREXIVE reviews need to be improved on the FPA, as the firm is young and needs trader reviews. On Trustpilot, FOREXIVE has only 1 review, which is not enough to define the firm’s safety and traders’ experience. The firm was established recently and lacks experience in the sector, which is yet another downside. All funded accounts are virtual, and there is no regulated broker backup. When it comes to experience, the firm is still very young, as it was launched in 2024. This makes it very inexperienced in the prop trading sector and loses many safety points.
The firm gets a 0 score in this section, as it lacks all important safety features.
FOREXIVE Funding and maximum capital allocation – 3
FOREXIVE funded programs include just two programs: 1-step and 2-step challenge types. The 1-step challenge requires traders to hit the profit target once and has stricter rules, while the 2-step challenge requires 2 different profit targets in two trading phases.
FOREXIVE funding options are the same for both challenge types, including 5k, 10k, 25k, 50k, 100k, and 200k USD. Together with these types, both 1-step and 2-step accounts come in 2 variations: standard and swing. FOREXIVE challenges are clearly described on the website, and almost all details are clearly given, which is very useful and comfortable.
A FOREXIVE scaling plan is available, and the firm promises up to 2 million dollars in scaled virtual funding.
Overall, the firm gets a 3 score in this section because it lacks smaller funded accounts below 5k and there is no 1 million USD funding as well.
FOREXIVE Assets – 2
FOREXIVE prop trading is possible by accessing a limited range of markets, including Forex currencies, indices, and commodities. There are no cryptos, which is a huge downside as all major prop firms offer digital currencies. There are commissions of 3 USD per lot per side for 0 pips spreads on zero spread accounts. The leverage is different for each challenge account. The 2-step standard challenge (news trading prohibited) has a 1:100 leverage, while the 2-step swing challenge has 1:30. The 1-step standard account (news trading prohibited) is 1:50, while the swing account of the same type is limited to just 1:30.
In the end, the firm gets a 2 score in this section as it lacks cryptos, stocks, and other popular asset classes.
FOREXIVE Trading rules and limitations – 1.2
FOREXIVE rules are slightly different for each challenge type. The 1-step Foreive challenge requires the following rules:
- Profit target – 10%
- Daily loss limit – 3%
- Maximum drawdown rate – 6%
- Minimum trading days – 3 days
The FOREXIVE 2-step challenge requires the following rules:
- Profit target – 10%
- Daily loss limit – 5%
- Maximum drawdown rate – 12%
- Minimum trading days – 3 days
As anticipated, the 2-step challenge is more forgiving, while the 1-step challenge is very strict with a 3% daily loss limit.
Overall, the firm gets a 1.2 score in this section.
FOREXIVE Fees – 3
The pricing at Forexive is competitive, and if the firm was safe and reliable, we might also recommend it. However, as it is now, there are some serious safety issues. Here are all the fees for both accounts to consider.
The 1-step challenge by Forexive has the following pricing:
- Funded amount: 5k USD – One-time fee: 65 USD
- 10k USD – 99 USD
- 25k USD – 199 USD
- 50k USD – 329 USD
- 100k USD – 569 USD
- 200k USD – 1099 USD
The 2-step challenge by Forexive has the following pricing:
- Funded amount: 5k USD – One-time fee: 49 USD
- 10k USD – 75 USD
- 25k USD – 175 USD
- 50k USD – 325 USD
- 100k USD – 475 USD
- 200k USD – 999 USD
The pricing is low, which is attractive.
FOREXIVE free trial is available, and the firm allows traders to check trading conditions before purchasing a challenge, which can be very useful.
FOREXIVE free repeat is not available, and traders have to buy the challenge again if they want to start over after failing.
In the end, the firm gets a 3 score in this section for offering competitive fees and spreads from 0 pips.
FOREXIVE Platforms – 4
Forexive allows access to advanced trading platforms, MetaTrader 4 and MetaTrader 5. Both platforms offer advanced functionality and allow custom indicators and Expert Advisors (EAs) or automated trading capabilities. Mobile trading is also available via mobile apps on the same platforms.
Overall, the firm gets a 4 score in this section for offering advanced trading platforms.
FOREXIVE Profit-Sharing – 2.5
FOREXIVE profit split starts at 80%, and traders can increase it with subsequent profit withdrawals. The maximum profit split is capped at 95%. The first profit withdrawal is paid out within the first 4 weeks of trading. After this first month, subsequent payouts are processed every 2 weeks. FOREXIVE withdrawal methods include bank transfer, cryptocurrency (USDT Trc20, USDC ETH, BTC, ETH, LTC), and Rise.
Overall, the firm gets a 2.5 score in this section for a mediocre profit split in the beginning.
Education and trading tools at FOREXIVE – 0.5
The firm lacks educational resources like video guides, webinars, and trading courses. There is a blog that offers posts with various useful tips for successful prop trading. However, the blog is not a replacement for a proper financial education, and traders will still need to search somewhere else for guidance.
Overall, the firm gets a 0.5 score in this section.
Customer Support at FOREXIVE – 2.4
Customer support is provided via live chat and email channels. There is no phone support, which is a minor red flag. Both the website and the support are only available in the English language, which is also a downside.
The firm gets a 2.4 score in this section.
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