Score revised July 2026: 7.1 to 5.9. Approach with caution. Trustpilot has detected and removed fake reviews for Forexive, so its displayed rating cannot be taken at face value. More seriously, multiple traders report a consistent pattern: passing a two-step evaluation, then being told they violated a rule, then being offered a discount to buy another account rather than receiving the funded account they earned. One trader reports completing the evaluation without breaching any rule and never being funded. We cannot verify individual cases, but a pass-then-repurchase pattern is the most damaging thing a prop firm can be accused of, and we are not going to score around it. See our methodology.
Forexive is a UK-registered prop firm (FOREXIVE LTD, Company no. 15746920) launched in 2024 with accounts from $5,000 to $400,000 and a scaling path to $2M. The 2-step challenge offers a 12% static balance-based max drawdown, one of the highest limits in the market. As of July 2026, it supports MetaTrader 5 with Match-Trade and cTrader listed as coming soon. Use our code FT15 for 15% off. Forexive also runs a public code, JOIN20, at 20% off a first purchase.
Score revised July 2026: 7.4 to 7.1. We could not obtain a reliable independent rating for Forexive, and the reviews we did find are mixed, including a trader stating the firm did not uphold its payout promises. Absent verifiable payout evidence we do not score payout reliability at 7.0. This is a limit on what we can confirm, not a finding of wrongdoing. See our methodology.
Rating Breakdown
Pros
- 12% static balance-based max drawdown on 2-step — among the highest in the market
- On-demand payouts available once requirements are met
- Access model: start for $5 per phase, pay balance only after passing
- Scale to $2M with 40% balance increase every 3-month cycle
- Challenge fee refunded with first payout on request
- Accounts from $5,000 to $400,000 across six size tiers
- 24/7 support in 20 languages
- UK registered company with public company number
- Swap-free account option available
- Instant funding type available for traders who want to skip evaluation
Cons
- Only MetaTrader 5 available; Match-Trade and cTrader listed as coming soon with no confirmed date
- First payout requires 4 weeks minimum wait plus 7 trading days
- Profit split starts at 80% on first payout, not the 95% headline figure
- Bi-weekly payout schedule (2nd and last Tuesday) rather than on-demand from day one
- News trading, EA, and overnight holding policies not publicly disclosed in help articles
- Instruments limited to forex, indices, and commodities — no crypto on standard plans
- Founded 2024 — short track record compared to established firms
Account Plans and Pricing
As of July 2026. 1-Step and 2-Step pricing verified from the Forexive checkout. Instant funding pricing not publicly disclosed on the main site.
| $5,000 account | $39 |
| $10,000 account | $59 |
| $25,000 account | $109 |
| $50,000 account | $209 |
| $100,000 account | $319 |
| $200,000 account | $599 |
1-Step Challenge Rules
| Evaluation type | One-step |
| Profit target | 10% |
| Time limit | None |
| Min. trading days | 3 days (open and close on same day counts as 1 day) |
| Max drawdown | 6% static balance-based |
| Daily loss limit | 3% of starting balance of the day |
| Consistency rule | Not publicly disclosed for this plan |
| Leverage | 1:50 |
| Fee refund | Returned with first payout on request |
2-Step Challenge Rules
| Evaluation type | Two-step (Phase 1 + Phase 2) |
| Phase 1 profit target | 8% |
| Phase 2 profit target | 4% |
| Time limit | None (both phases) |
| Min. trading days | 3 days per phase |
| Max drawdown | 12% static balance-based |
| Daily loss limit | 5% of starting balance of the day |
| Consistency rule | Not publicly disclosed for this plan |
| Leverage | Up to 1:100 (advertised on main site) |
| Fee refund | Returned with first payout on request |
Payouts
| First payout timing | After 4 weeks (28 days), minimum 7 trading days completed |
| Default cycle | Bi-weekly — 2nd and last Tuesday of every month |
| On-demand payout | Available once requirements are met |
| First payout split | 80% to trader |
| Second payout onward | 85% to trader |
| After scale-up | 95% to trader |
| KYC required | Yes, before first payout |
| Challenge fee refund | On request with first payout |
| Payout methods | Crypto (via NOWPayments) — other methods not publicly specified |
| Verified total paid | $20M+ (as stated on firm’s site, as of July 2026) |
Trading Conditions
| Platforms | MetaTrader 5 (MT5); Match-Trade and cTrader coming soon |
| Instruments | Forex currency pairs, indices, commodities |
| Spreads | Raw spreads from 0.0 pips |
| Max leverage (1-step) | 1:50 |
| Max leverage (2-step) | Up to 1:100 (advertised; verify at checkout) |
| News trading | Not publicly disclosed |
| Overnight / weekend holding | Not publicly disclosed |
| Expert Advisors | Not publicly disclosed |
| Swap-free option | Available (confirmed in trader reviews) |
| Scaling plan | 40% balance increase per 3-month cycle; 8% profit required; up to $2M |
| Countries served | 180+ |
Our Verdict
Forexive’s main selling point is clear: a 12% static balance-based max drawdown on the 2-step challenge. For context, most prop firms sit at 8% to 10%. That 12% limit gives traders more room to weather drawdown periods without being stopped out, which is meaningful for swing traders and those running wider stop-loss strategies. The 1-step drawdown of 6% is tighter but in line with the market average for one-phase challenges.
The Access model is also worth noting. Starting a challenge for $5 per phase with the balance only due after passing reduces the financial barrier to entry. That is a genuinely different pricing approach compared to most firms, where you pay the full fee upfront regardless of outcome.
The profit split structure needs attention before you sign up. The headline figure of 95% applies only after you have scaled your account. Your first payout is 80%, the second onward is 85%. Both are reasonable splits, but traders comparing headline numbers need to understand what they are actually getting from day one. The first payout also requires a 4-week wait and at least 7 trading days completed, which is slower than on-demand-from-day-one models like those offered by FXIFY or FundingPips.
Platform availability is the most obvious gap. As of July 2026, only MetaTrader 5 is live. Match-Trade and cTrader are listed as coming soon with no confirmed date. Traders who rely on cTrader’s depth-of-market functionality or Match-Trade’s proprietary tools will need to wait. For MT5 traders, this is fine. For anyone else, it is a genuine limitation compared to multi-platform competitors.
The firm is UK-registered (Company no. 15746920) and has been operating since 2024. The short track record is a factor worth weighing. The $20M+ in capital funded and 10,000+ traders are positive signals, but Forexive has not yet built the multi-year payout history that more established firms have. News trading, EA, and overnight holding policies are not clearly published in their help centre, which creates friction for traders who need to verify these rules before committing funds.
Overall, Forexive is a reasonable option for MT5 traders who want wide drawdown room at a low entry price point. The 2-step 12% drawdown and Access pricing model are genuine differentiators. The first-payout delay and platform limitations are the main trade-offs to weigh against competing firms.
Forexive Coupon Code and Discount
Our Forexive code is FT15, which gives 15% off. Forexive also lists a public code, JOIN20, at 20% off a first purchase. Enter it at checkout on forexive.com. As of July 2026, this code applies to new account purchases across challenge types.
At 20% off with JOIN20: a $100,000 account at $319 drops to approximately $255. A $200,000 account at $599 drops to approximately $479. The challenge fee is refunded with your first payout on request regardless of whether a discount code was used.
| Our code | FT15 |
| Discount | 15% off |
| Public code | JOIN20 — 20% off a first purchase |
| JOIN20 applies to | First purchase, all challenge types |
| Last verified | July 2026 |
Alternatives to Forexive
Firms in the same category with a comparable score, each offering something Forexive does not.
- AudaCity scores 5.9 and offers a refunded fee on passing and no consistency rule.
- X Funded scores 6.0 and offers up to a 100% split and no consistency rule.
- Next Level Funded scores 6.0 and offers a refunded fee on passing and on-demand payouts.
Forexive is one of 106 CFD and forex prop firms we rank. See where it places in our full CFD and forex prop firm rankings.
Frequently Asked Questions
Is Forexive a legitimate prop firm?
Forexive is registered in the UK as FOREXIVE LTD (Company no. 15746920), with a registered address at 3rd Floor, 86-90 Paul Street, London EC2A 4NE. It was founded in 2024 and claims $20M+ in capital funded across 10,000+ traders in 180+ countries. It is not regulated by the FCA, which is standard for prop firms offering simulated trading accounts. Public company registration can be verified via Companies House.
What challenge types does Forexive offer?
Forexive offers four challenge types: 1-Step (10% profit target, no time limit, 6% max drawdown), 2-Step (8% Phase 1 and 4% Phase 2, no time limit, 12% max drawdown), Instant Funding (no evaluation, trade from day one), and the Access model ($5 per phase upfront, remainder paid only after passing). Account sizes run from $5,000 to $400,000 across six tiers.
What is the Forexive max drawdown?
The 2-step challenge has a 12% static balance-based max drawdown, verified in Forexive’s help centre. This means your account balance or equity must not fall more than 12% below the initial account balance at any point. The 1-step challenge has a 6% static balance-based max drawdown. Neither uses a trailing high-water mark, which makes them easier to manage than trailing drawdown models.
What platform does Forexive use?
Forexive currently runs on MetaTrader 5 (MT5). Match-Trade and cTrader are listed as coming soon on their platforms page, but no launch date has been confirmed as of July 2026. Tradable instruments include forex currency pairs, indices, and commodities. Spreads start from 0.0 pips with leverage up to 1:50 on the 1-step plan.
Is there a Forexive discount code?
Our Forexive code is FT15, giving 15% off. Forexive also lists a public code, JOIN20, at 20% off a first purchase. Enter the code at checkout on forexive.com. It was verified active as of July 2026 and applies to new challenge account purchases. The challenge fee is also refunded with your first payout on request, regardless of whether you used a discount code.
Ready to try Forexive?
12% max drawdown on 2-step. MT5. Scale to $2M. Use code FT15 for 15% off.
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