Based on checking the website, Forexive.com presents itself as a proprietary trading firm offering simulated capital to traders. However, a into the nature of “prop trading” and its associated practices reveals significant concerns, particularly from an ethical and Islamic perspective. The core model revolves around charging fees for access to “simulated capital” and then offering a share of “profits” generated in a “simulated environment.” This structure raises red flags concerning gharar excessive uncertainty and riba interest, which are impermissible in Islamic finance.
Here’s an overall review summary for Forexive.com:
- Business Model: Proprietary trading firm offering simulated capital challenges.
- Fees: Charges upfront fees for evaluation challenges, which are presented as refundable upon first payout.
- Trading Environment: Explicitly states that all client trading operations are conducted in a “simulated environment” using “virtual funds.”
- Profit Sharing: Offers opportunities for profit growth up to 95% on simulated trades.
- Concerns: The model of paying a fee for a chance to “profit” from simulated trading, with the firm absorbing “losses” but charging a fee for access, carries significant risk and uncertainty. The virtual nature of funds and operations makes it questionable as a legitimate trading or investment opportunity in an ethical framework.
- Ethical Stance Islamic Perspective: Highly problematic due to elements of gharar uncertainty and potential riba interest/gambling-like aspects in the fee structure and the non-real nature of the underlying capital and trades. This is not recommended for Muslims seeking ethically sound financial ventures.
While Forexive.com highlights features like “Up to 2M SIMULATED CAPITAL,” “Balance Based Drawdown,” and “Unlimited Time” for challenges, the fundamental issue remains the simulated nature of the entire operation. Users are paying to participate in a sophisticated game that mimics real trading, but without actual capital at risk or real market participation from the user’s side. The “refundable fee” often acts as a barrier to entry, and the high-profit share claims might be misleading given the simulated environment. For those seeking genuine, ethical financial growth, engaging in such simulated prop trading models is generally discouraged.
Instead of engaging in speculative and potentially ethically questionable simulated trading platforms, here are some far better alternatives for individuals seeking legitimate and beneficial avenues for skill development, financial growth, or even engaging with technology:
- Online Learning Platforms: Invest in verifiable skills like coding, digital marketing, or data analysis through reputable platforms. These offer tangible qualifications and career opportunities. Many platforms offer certifications that are recognized globally.
- E-commerce Business Starter Kits: Learn the ropes of online sales and build a real business. Focus on dropshipping, print-on-demand, or selling handmade goods. This involves actual product, customers, and profit.
- Sustainable Agriculture Resources: Explore resources for small-scale farming, hydroponics, or urban gardening. This is a productive skill that yields real, tangible goods and can lead to sustainable income.
- Craft and Artisan Supplies: Develop a skill in pottery, calligraphy, woodworking, or textile arts. Creating physical products can be a fulfilling and profitable endeavor.
- Educational Robotics Kits: For those interested in technology, build and program robots. This develops engineering and problem-solving skills with practical applications.
- Web Development Courses: Acquire in-demand skills to build websites and applications. This leads to freelancing opportunities or stable employment in the tech sector.
- Personal Finance Management Tools: Focus on managing real finances, budgeting, and long-term savings strategies. This builds genuine financial literacy and stability without engaging in high-risk, simulated schemes.
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Understanding the Forexive.com Model: A Deep Dive into Prop Trading Challenges
Prop trading, particularly the “challenge” model offered by Forexive.com, often presents itself as a pathway for aspiring traders to access significant capital without personal risk. However, it’s crucial to dissect this model beyond the appealing headlines. Forexive.com explicitly states, “Clients are provided with demo accounts that contain simulated funds for trading activities. Please note that all client trading operations are conducted in a simulated environment.” This fundamental detail transforms the perceived opportunity from real trading into a skill-assessment game. You pay a fee, typically non-refundable or only conditionally refundable, to play a trading simulation. If you “win” the simulation by meeting certain profit targets and staying within drawdown limits, you might then be offered a share of “profits” generated on a firm’s real capital, or more often, continued participation in a simulated environment with profit splits.
The True Nature of “Simulated Capital” and “Virtual Funds”
When Forexive.com speaks of “Up to 2M SIMULATED CAPITAL” and utilizing “virtual funds,” it’s not a subtle point. it’s the core of their operation. This means:
- No Real Money at Risk for the trader, initially: Your initial “trading” isn’t affecting actual market prices. It’s happening on a demo server.
- Skill Assessment, Not Investment: The fee you pay isn’t an investment. It’s essentially a fee for an extended, high-stakes trading competition or assessment.
- Revenue Model for the Firm: The firm’s primary revenue source is often these upfront fees from countless individuals attempting the challenges, rather than profits from actual trading activity stemming from successful challenge participants.
- Psychological Impact: The promise of large simulated capital can create a sense of grandeur, but the psychological pressure of performance targets on virtual money can be just as intense as with real money, leading to poor decision-making.
Why “Prop Trading Challenges” Present Ethical Concerns
From an ethical standpoint, particularly in Islamic finance, the “prop trading challenge” model, as described by Forexive.com, raises several significant concerns:
- Gharar Excessive Uncertainty: The ambiguity surrounding how a firm truly generates income—whether predominantly from challenge fees or actual trading profits—and the unclear path from “simulated” success to “real” payouts introduces high levels of uncertainty. Is the fee a genuine payment for service, or is it a gamble with a low probability of return for most participants?
- Riba Interest/Gambling-like Elements: While not explicitly interest, the model can lean towards gambling-like characteristics. You pay a fee for a chance to win a payout, with the “skill” aspect serving as a justification. The fee is a “risk” you take for a potential “reward,” often without a clear, direct exchange of equivalent value. The “refundable fee” mechanism, contingent on specific performance and first payout, also introduces a conditional return that can be viewed with suspicion.
- Misleading Perception: While the website discloses “simulated environment,” the overall marketing often focuses on “trading with trust” and “payouts,” which can create a perception of actual trading and financial partnership, potentially misleading individuals about the true nature of the engagement. This lack of transparency, even if legally compliant, can be ethically dubious.
In essence, Forexive.com, and similar prop trading challenge firms, operate in a grey area.
While they might argue they are simply assessing talent, the financial structure of charging fees for simulated environments makes them a complex proposition that requires extreme caution and is generally best avoided for those adhering to strict ethical financial principles. Lancaster.com Review
Forexive.com Review & First Look: Dissecting the Homepage Claims
Upon a first glance at Forexive.com, the website immediately presents itself as a gateway to professional trading, promising “Your Skills Our Capital.” This tagline sets a high expectation, suggesting a genuine partnership where a trader’s talent is leveraged with the firm’s financial backing.
However, as noted earlier, the crucial detail that all trading is conducted in a simulated environment using virtual funds significantly alters this perception.
Let’s break down some of the key claims and features prominently displayed on their homepage.
“Up To 2M SIMULATED CAPITAL” – The Allure of Large Figures
The offer of “Up To 2M SIMULATED CAPITAL” is undoubtedly a major draw.
For aspiring traders without significant personal capital, the idea of managing such large sums, even virtually, can be incredibly appealing. Peptidepro.io Review
It suggests an opportunity to gain experience at a scale far beyond what most individuals could afford to risk.
- Attraction: The sheer size of the “capital” is a powerful psychological incentive. It makes the challenge seem substantial and the potential rewards enticing.
- Reality Check: It’s vital to remember that “simulated” means exactly that—it’s not real money, and your “trades” are not impacting real markets. The experience gained is in managing theoretical risk and executing strategies on a demo platform, not in navigating the complexities of real market liquidity, slippage on live orders, or the emotional toll of actual financial gains and losses.
- Profit Split Context: While the website mentions “Opportunities for profit growth up to 95%,” this is still based on simulated profits. The process of converting simulated success into real-world payouts from the firm is the true test, and this often comes with further conditions, contracts, and evaluation periods.
“20% Refundable Bonus on Fees” and “Unlimited Time”
These features are clearly designed to reduce perceived risk and increase the attractiveness of their challenges.
- “20% Refundable Bonus on Fees”: This phrasing is a bit ambiguous. Does it mean you get 20% of your fee back, or that 20% of the fee is refundable? The FAQ clarifies that “Your assessment fee will also be reimbursed to you with your first payout on request.” This means the refund is conditional on achieving a payout, which requires passing the challenge and then generating sufficient simulated profits. It’s not an unconditional refund.
- “Unlimited Time”: This removes the pressure of a time limit often found in other prop firm challenges, allowing traders to develop strategies without haste. This is a positive for those who prefer a less stressful evaluation period.
- Balance Based Drawdown: This is a common risk management rule in prop firms. It means your maximum allowed loss is calculated based on your balance at a specific point e.g., end of day, highest equity point. This aims to prevent excessive losses and encourages disciplined trading.
“News Trading” Restrictions and Leverage Options
Forexive.com outlines specific rules around news trading and varying leverage options based on the challenge type 1-step, 2-step, 3-step and whether news trading is permitted.
- News Trading Restrictions Standard: This is common in prop firms as news events can cause extreme volatility, leading to large, unpredictable swings that are hard to manage even for experienced traders. Restricting it helps the firm manage its own risk if and when traders transition to real capital.
- Leverage e.g., 1:100 Standard, 1:30 Swing: Leverage amplifies both gains and losses. While higher leverage can be enticing, it also significantly increases risk. The varying leverage options suggest different risk profiles for different challenge types.
- Implication: These rules underscore that even in a simulated environment, the firm is setting parameters that mimic real-world trading conditions and risk management, preparing participants for a potential real-money scenario—or at least that’s the stated intent.
Overall, Forexive.com’s homepage offers a compelling presentation, but a critical eye reveals that the entire proposition hinges on the “simulated” nature of the trading.
While the features sound appealing for a trader, the fundamental model is one that prioritizes the collection of assessment fees within a virtual environment. Rupapatil.com Review
Forexive.com Cons: Unpacking the Hidden Pitfalls
While Forexive.com’s homepage paints an enticing picture of professional trading and profit-sharing, a critical look at its model reveals several significant drawbacks and potential pitfalls, particularly for those seeking genuine financial growth or adhering to ethical investment principles.
The core of these concerns revolves around the “simulated environment” and the fee-based challenge structure.
The Problem with “Simulated” Trading in a Paid Model
The explicit statement that all trading is conducted in a “simulated environment” using “virtual funds” is the single largest drawback.
- Not Real Market Exposure: You are not placing real trades that interact with actual market liquidity, order books, or pricing mechanisms. This means the experience gained, while useful for strategy testing, lacks the critical element of real-world market impact and psychological pressure that comes with putting actual money at risk.
- No Real Capital Risk for the firm: While the firm states it absorbs losses on the “FOREXIVE Account,” this is effectively a statement that they absorb losses on their own simulated accounts. Since no real external capital is initially at risk from the firm’s side in the challenge phase, their exposure is primarily to the cost of maintaining the platform and processing payouts if any.
- Fee-Driven Revenue Model: For many such firms, a significant portion of their revenue, if not the majority, comes from the cumulative fees paid by thousands of aspiring traders who attempt and often fail the challenges. This creates a strong incentive for the firm to continually attract new participants, regardless of how many ultimately succeed. This model can be seen as predatory, preying on the dreams of individuals looking for a shortcut to financial freedom.
Conditional Refundability of Fees
Forexive.com states, “Your assessment fee will also be reimbursed to you with your first payout on request.” This sounds good on the surface, but it’s a critical point of concern.
- High Hurdle for Refund: To get your fee back, you must first pass the rigorous challenge phases, then start “trading” presumably in a simulated environment for a while, as confirmed by their FAQ, and only then generate enough “profit” to trigger a payout. Many traders will not meet these strict conditions, meaning their initial fee is effectively lost.
- Fee as the Primary Risk: The FAQ even states, “this fee represents the maximum financial risk to you, as any losses on the FOREXIVE Account are absorbed by us.” This reinforces that your main financial contribution and risk is the upfront fee, not any actual trading capital.
The Illusion of “Professional Trader’s Leverage”
While Forexive.com highlights high leverage options, this is also within the context of a simulated environment. Lendly.com Review
- Unrealistic Expectations: High leverage in a simulated environment can create unrealistic expectations about how easily large profits can be made. In real trading, managing high leverage requires immense skill, strict risk management, and the ability to absorb significant psychological pressure from rapid swings.
- No Real Brokerage Relationship: You are not establishing a direct relationship with a regulated brokerage firm for your trading. You are operating within Forexive.com’s proprietary platform, which controls all aspects of the simulated trading environment.
Lack of External Regulatory Oversight for “Proprietary Trading”
Proprietary trading firms, especially those dealing solely with simulated capital and challenge models, often operate outside the stringent regulatory frameworks that govern retail forex brokers or investment firms.
- Limited Consumer Protection: This means less oversight regarding how they handle funds even if it’s just fees, their marketing practices, and dispute resolution. In case of issues, your recourse might be limited.
- Trust on Faith: You are largely trusting the firm’s internal systems and promises for fair play and payout processing, without the safety net of external financial regulators.
In summary, while Forexive.com tries to present itself as a legitimate pathway to trading success, its underlying model of charging fees for simulated trading environments is riddled with limitations and ethical ambiguities.
For anyone serious about genuine financial engagement, these downsides should serve as a significant deterrent.
Forexive.com Pricing: Understanding the Cost of Entry
Forexive.com offers various “Challenge” plans, categorized by the number of phases 1-Step, 2-Step, 3-Step and the “account size” of simulated capital.
The pricing structure is designed as a one-time fee for entry into these evaluation phases. Simplybestcoupons.com Review
Overview of Pricing Tiers
The pricing is directly tied to the desired simulated account size. Here’s a breakdown based on the provided data:
-
1-Step Evaluation Prices From $49:
- Account Sizes: $2,500 to $200,000 simulated.
- Profit Target: 10%
- Daily Loss: 3%
- Max Loss: 6%
- Minimum Trading Days: 3
- Refundable Fee: Varies by account size e.g., $49 for $2,500, up to $1099 for $200,000.
-
2-Step Evaluation Prices From $29:
- Profit Target: Phase 1 10%, Phase 2 5%
- Daily Loss: 5%
- Max Loss: 12%
- Minimum Trading Days: 3 per phase
- Refundable Fee: Varies by account size e.g., $29 for $2,500, up to $999 for $200,000.
-
3-Step Evaluation Prices From $19:
- Profit Target: Phase 1-3 5% each
- Max Loss: 5%
- Refundable Fee: Varies by account size e.g., $19 for $2,500, up to $849 for $200,000.
Key Observations on Pricing and Conditions
- “Refundable Fee”: As previously discussed, this fee is only reimbursed upon your first payout request, meaning you must successfully pass the challenge phases and then generate simulated profits significant enough to qualify for a payout. This is a significant hurdle for many, rendering the “refundable” aspect often theoretical.
- Varying Risk/Reward Ratios:
- The 1-step challenge has tighter loss limits Daily 3%, Max 6% but a higher single profit target 10%.
- The 2-step challenge offers more lenient loss limits Daily 5%, Max 12% but requires two phases with cumulative profit targets 10% then 5%.
- The 3-step challenge is the most forgiving on loss limits Daily 5%, Max 5% per phase but has three smaller profit targets 5% each.
- These variations mean traders need to carefully consider their strategy and risk tolerance when choosing a challenge.
- Unlimited Time & Minimum Trading Days: The “Unlimited Time” is a positive, reducing pressure. However, the “Minimum Trading Days” e.g., 3 days ensures participants engage for at least a short period.
- No Recurring Fees as stated: Forexive.com states, “We do not charge any additional or hidden fees. … we do not charge any recurring fees.” This implies the initial challenge fee is the only direct cost to the trader for the evaluation.
The Cost-Benefit Analysis: Is It Worth It?
From an objective standpoint, the pricing structure can be viewed as an entry fee into a highly competitive, simulated environment. Iitmpravartak.emeritus.org Review
- For the Firm: These fees collectively represent a significant revenue stream, regardless of how many traders succeed. Even a low success rate among participants still translates to substantial income from the fees.
- For the Trader: The “cost” isn’t just the fee. it’s also the time and effort invested in mastering the simulated environment and adhering to its rules. Given that the ultimate “trading” is still simulated and contingent on specific criteria, the actual return on investment for most participants is likely negative, encompassing the lost fee and time.
While the “affordable” entry points for smaller account sizes e.g., $19 for a $2,500 3-step challenge might seem low risk, the cumulative effect across millions of aspiring traders makes it a very lucrative model for the firm.
For ethical financial pursuits, the “cost” is more than monetary.
It’s the diversion from genuine, tangible wealth-building activities.
How to Avoid Questionable Financial Schemes: Practical Alternatives
Given the inherent uncertainties and ethical ambiguities in “prop trading challenge” models like Forexive.com, it’s prudent to explore legitimate and ethical avenues for skill development, wealth creation, and financial stability.
These alternatives focus on real-world value creation, genuine assets, and transparent processes, aligning more closely with ethical principles. Shop.myherocards.com Review
1. Skill Acquisition and Freelancing
Instead of paying to simulate trading, invest in acquiring tangible, in-demand skills that allow you to generate real income.
- Coding/Programming: Languages like Python, JavaScript, or frameworks like React are highly sought after.
- Actionable Step: Enroll in online courses Codecademy, Coursera, Udemy.
- Outcome: Build a portfolio, find remote jobs, or freelance.
- Digital Marketing: SEO, content marketing, social media management, paid advertising.
- Actionable Step: Utilize free Google certifications Google Digital Garage, take specialized courses.
- Outcome: Work for businesses, manage your own online presence, or start an agency.
- Graphic Design/Video Editing: Visual content creation is always in demand.
2. Investing in Real Assets and Productive Ventures
Shift focus from speculative “virtual” gains to tangible assets and ethical business practices.
- E-commerce Dropshipping, Print-on-Demand, or Handcrafts: Start a legitimate online store.
- Actionable Step: Research niche markets, build a Shopify store, source products responsibly.
- Outcome: Direct sales, build a brand, control your inventory or lack thereof with dropshipping.
- Resource: Shopify Learn.
- Real Estate Long-term, Ethical Financing: While requiring significant capital, real estate can be a stable asset.
- Actionable Step: Educate yourself on local markets, explore sharia-compliant financing options e.g., Murabaha, Musharakah.
- Outcome: Rental income, capital appreciation.
- Small Business Ventures: Start a service-based business e.g., cleaning, handyman, tutoring or a product-based business.
- Actionable Step: Identify a market need, create a business plan, start small.
- Outcome: Direct income, community service, building a real enterprise.
3. Ethical Financial Planning and Savings
Focus on building long-term financial stability through disciplined savings and ethical investment.
- Budgeting and Debt Management: Master your personal finances first.
- Actionable Step: Use budgeting apps Mint, You Need A Budget YNAB, pay down interest-bearing debt.
- Outcome: Financial clarity, reduced stress.
- Halal Investment Funds: Invest in equity funds that comply with Islamic principles e.g., screening for alcohol, gambling, interest-based finance.
- Actionable Step: Research Sharia-compliant ETFs or mutual funds offered by reputable financial institutions.
- Resource: Consult a qualified Islamic financial advisor.
- Saving and Gold/Silver: Accumulate physical gold and silver as a hedge against inflation and currency devaluation.
- Actionable Step: Purchase certified gold/silver from reputable dealers. Ensure physical possession or a clear, legally binding arrangement for storage.
4. Direct Support of Ethical Startups/Businesses
Instead of “prop trading” with a firm that profits from your fees, consider becoming an angel investor if you have significant capital or directly supporting small, ethical businesses through crowdfunding or patronage.
- Actionable Step: Research crowdfunding platforms for ethical startups or seek out local businesses that align with your values.
- Outcome: Direct impact, fostering innovation, potential for real returns based on a legitimate business model.
By focusing on these practical, value-creating, and ethically sound alternatives, individuals can build genuine wealth, acquire valuable skills, and contribute positively to the economy, steering clear of models that rely on uncertainty and the accumulation of fees within a simulated environment. Adlice.com Review
FAQ
What is Forexive.com?
Forexive.com is a website that describes itself as a proprietary trading firm offering “simulated capital” to individuals who pass their trading challenges.
It allows users to trade in a simulated environment using virtual funds, with the possibility of earning a profit share if they meet specific performance criteria.
Is Forexive.com a real brokerage firm?
No, Forexive.com explicitly states that “all client trading operations are conducted in a simulated environment” and that “clients are provided with demo accounts that contain simulated funds.” This means it is not a traditional brokerage firm where you place real trades in the live market with your own capital or the firm’s real capital during the challenge phase.
How does the Forexive.com challenge work?
Forexive.com offers 1-step, 2-step, and 3-step challenges.
You pay an upfront fee to gain access to a simulated trading account with virtual funds. Ajautosparesltd.com Review
You then attempt to reach specific profit targets while adhering to daily and maximum loss limits within the simulated environment.
If you succeed, you may be offered a profit share based on your simulated performance.
What are the fees charged by Forexive.com?
Forexive.com charges a one-time fee for entry into its trading challenges.
These fees vary based on the chosen simulated account size and the number of challenge phases e.g., from $19 for a $2,500 3-step challenge to $1099 for a $200,000 1-step challenge.
Are Forexive.com fees refundable?
Forexive.com states that the assessment fee “will also be reimbursed to you with your first payout on request.” This means the fee is conditionally refundable, contingent upon successfully passing the challenge and then generating sufficient simulated profits to qualify for a payout from the firm. Mountainwarehouse.com Review
If you fail the challenge, the fee is generally not refunded.
What is “simulated capital” on Forexive.com?
“Simulated capital” refers to virtual funds provided in a demo account on Forexive.com’s platform.
This capital is not real money, and any trades placed with it do not interact with live financial markets.
It’s used for practice and evaluation within their system.
Can I really make money with Forexive.com?
Forexive.com offers “opportunities for profit growth up to 95%” based on your performance in their simulated environment. Postplanner.com Review
If you pass the challenges and continue to meet their criteria, they may offer you a share of the profits generated from your simulated trading.
However, the path from simulated success to actual cash payouts can be complex and depends on many factors, including the firm’s own terms and conditions.
Is Forexive.com suitable for beginners?
While Forexive.com uses “simulated capital” which might seem beginner-friendly as it removes the risk of losing real money, the intense profit targets and strict drawdown rules often make these challenges very difficult for inexperienced traders to pass.
What are the risks of using Forexive.com?
The primary financial risk with Forexive.com is losing the upfront fee you pay for the challenge, as it is only conditionally refundable.
Beyond that, the risk is more about investing significant time and effort into a simulated environment that may not directly translate to success in real-world trading or provide a guaranteed return on your time. Amstransport-uk.com Review
Does Forexive.com offer real trading accounts?
Based on the homepage text, Forexive.com explicitly states that all client trading operations are conducted in a simulated environment.
There is no indication that they offer real, live trading accounts to challenge participants.
What is the maximum simulated capital offered by Forexive.com?
Forexive.com offers up to $2,000,000 in simulated capital for its trading challenges.
What are the profit targets for Forexive.com challenges?
Profit targets vary by challenge type: 1-step 10%, 2-step Phase 1: 10%, Phase 2: 5%, and 3-step Phase 1-3: 5% each.
What are the daily and maximum loss limits on Forexive.com?
Loss limits vary by challenge type: For 1-step challenges, daily loss is 3% and max loss is 6%. For 2-step and 3-step challenges, daily loss is 5% and max loss is either 12% 2-step or 5% 3-step per phase. Elouris.com Review
Does Forexive.com have unlimited time for challenges?
Yes, Forexive.com states that its challenges offer “Unlimited Time” for participants to complete the phases.
Can I trade news on Forexive.com?
Forexive.com offers two options for challenges: “With news trading restrictions Standard” which has higher leverage 1:100 for 2-step and “Without news trading restrictions Swing” which has lower leverage 1:30 for 2-step. This means news trading is generally restricted in their standard challenges.
What leverage options does Forexive.com provide?
Leverage options vary based on the challenge and whether news trading is restricted: for 2-step challenges, it’s 1:100 Standard or 1:30 Swing. for single-phase challenges, it’s 1:50 Standard or 1:30 Swing.
How does Forexive.com handle payouts?
Forexive.com claims to offer a “flexible payout system” with “opportunities for profit growth up to 95%” and “support for bi-weekly payout requests.” These payouts are based on the profits generated in the simulated trading environment, once a trader has qualified.
Does Forexive.com integrate with popular trading apps?
Forexive.com states, “FOREXIVE integrate with popular apps. Art3d.com Review
Help you easy to connect and collaboration.” This implies connectivity with common trading platforms like MetaTrader.
What is the community aspect of Forexive.com?
Forexive.com promotes joining their “Hub Discord Channel for Community,” “Twitter Latest News & Update,” and “Telegram Channel for Community” to engage with other traders and stay updated.
Why does Forexive.com charge a fee for a simulated account?
According to Forexive.com, the fee covers “various services provided to you as an FOREXIVE trader, including MetaTrader platforms and brokerage services.” They also state it represents the maximum financial risk to you and is reimbursed with your first payout.
Essentially, it’s a payment for the evaluation service and access to their simulated trading environment.
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