MT5
MT4
Credit/Debit Card
Crypto
Bank Transfer
RiseworksBy Alex Firdaus · Updated July 9, 2026 · Data checked July 9, 2026 against Forexive.com, TheTrustedProp, and Trustpilot
Forexive Review 2026 | Coupon Code FT15: 15% Off
Quick verdict: Forexive is a UK-registered prop firm (FOREXIVE LTD, Company no. 15746920) that launched in September 2024. It offers MetaTrader 5 (MT4 listed on some directories but not confirmed in official docs), balance-based static drawdown, no time limits, and four account models including a new Access Model ($10 upfront for 1-step, $15 for 2-step) where you pay the full fee only after passing. The 2-step challenge has a 12% max drawdown, which is notably wider than most competitors. The main concern is Forexive's Trustpilot profile, which carries a warning notice alongside a high share of 1-star reviews. Treat this as a higher-diligence purchase and verify all rules before paying.
Use code FT15 at checkout to get 15% off. Confirm the discount updates before you pay.
Table of Contents
- Forexive Coupon Code FT15
- What Is Forexive?
- New: Forexive Access Model ($10/$15 Upfront)
- Challenge Types and Rules
- Drawdown Mechanics
- News Trading Rules
- Prohibited Strategies
- Account Sizes and Pricing
- Payouts and Profit Split
- Platforms and Instruments
- Scaling Plan
- Pros and Cons
- Is Forexive Legit?
- Forexive Alternatives
- FAQs
Forexive Coupon Code FT15
Use Forexive Coupon Code FT15
Open Forexive through the FundedTrading link, choose your challenge, and enter FT15 at checkout to take 15% off your fee.
Offer: 15% off your challenge fee. Confirm the price drops before completing payment.
How to use the Forexive discount code
Go to Forexive using the FundedTrading affiliate link. Choose your account type (1-step, 2-step, Instant, or Access Model), select the account size, then enter FT15 in the coupon field at checkout. Wait for the price to update before paying. If it does not update, double-check for typos or try the direct link above.
What does FT15 discount on Forexive?
FT15 gives 15% off the challenge fee. That drops a $39 1-step $5K challenge to $33.15, a $199 1-step $25K challenge to $169.15, and a $569 1-step $100K challenge to $483.65. The code applies at checkout. Forexive also has a general JOIN20 code on its homepage for 20% off for new accounts, so check both at checkout to see which is active for your specific plan.
What Is Forexive?
Forexive is a proprietary trading firm registered in the United Kingdom under FOREXIVE LTD (Company no. 15746920). The company operates from 3rd Floor, 86-90 Paul Street, London EC2A 4NE. CEO Hooman Abbasi launched it in September 2024. It is not a brokerage and does not hold client funds. Traders pay a challenge fee, prove they can hit a profit target without breaching drawdown rules, and then receive a funded simulated account where profits are shared.
The firm targets traders who want MetaTrader access. The official help center confirms MT5 as the available platform. MT4 appears in some third-party listings but is not confirmed in Forexive's own docs. It also stands out for its 12% max drawdown on the 2-step challenge and its new Access Model, which lets traders enter for $10 (1-step) or $15 (2-step) upfront and pay the full fee only after passing.
New: Forexive Access Model (Pay After You Pass)
Forexive launched an Access Model in mid-2026. The upfront cost is $10 for a 1-step challenge and $15 for a 2-step challenge. Traders pay the remaining challenge fee only after passing. This is a significant structure for traders who want to test the firm before committing full fees.
This is different from a free trial. The full fee is still owed after passing. If you pass and then decline to pay, you do not receive the funded account. The Access Model removes the risk of paying the full fee before knowing if you can pass, not the obligation to pay altogether.
For traders comparing cheap entry-point prop firms, the Access Model puts Forexive in a different bracket than firms charging $39+ upfront. However, the total cost once you pass is the same. Evaluate it as a risk reduction tool, not a price reduction tool.
Forexive Challenge Types and Rules
Forexive offers four account types: 1-step challenge, 2-step challenge, Instant funding, and the new Access Model. The 1-step and 2-step are the main evaluation paths. Below is a comparison of the two based on live data as of July 2026.
| Rule | 1-Step Challenge | 2-Step Challenge |
|---|---|---|
| Profit target | 10% | Phase 1: 10%, Phase 2: 5% |
| Daily loss limit | 3% of balance/equity | 5% of balance/equity |
| Max drawdown | 6% (static) | 12% (static) |
| Drawdown type | Static balance-based | Static balance-based |
| Time limit | None | None |
| Min trading days (eval) | 3 days per phase | 3 days per phase |
| Profit split | 80% (1st), 85% (2nd+), 95% (post-scale-up) | 80% (1st), 85% (2nd+), 95% (post-scale-up) |
| Max profit split | 95% (via scaling plan) | 95% (via scaling plan) |
| Leverage (standard) | 1:50 | 1:100 |
| Leverage (swing/no-news-restrict) | 1:30 | 1:30 |
| Copy trading | Own accounts only | Own accounts only |
| Payout frequency | Every 14 days | Every 14 days |
| Commission | $3 per round lot (forex, commodities, indices) | $3 per round lot (forex, commodities, indices) |
Which challenge type should you choose?
The 2-step challenge is cheaper upfront (a $5K account costs $49 vs $65 on the 1-step before discount), and its 12% max drawdown gives significantly more room to manage drawdown than the 1-step's 6%. That said, you have two phases to complete instead of one. If your strategy runs close to the edge on drawdown, the 2-step is the safer choice. If you have a high win-rate strategy that consistently hits targets without large pullbacks, the 1-step may close faster.
Forexive Drawdown: How It Works
Forexive uses static (balance-based) drawdown. This is one of the most important rule details to understand before buying.
Static drawdown means your loss floor is set at the start and does not move upward as you profit. On a $10K 2-step account with 12% max drawdown, your account fails if it drops below $8,800. That floor stays at $8,800 whether you are up $1,000 or down $500. Compare this to trailing drawdown, where a $10K account that grows to $11K would have its floor move up to $9,800, making it harder to survive normal pullbacks.
The daily drawdown is calculated from the account's starting balance at the beginning of each trading day and resets at midnight broker time. One important mechanic: intraday profit is added to your allowable daily loss room for that day only. On a $50K 1-step account (3% daily = $1,500), if you gain $1,000 during the day, your total allowable loss for that day becomes $2,500 — but the floor is still $48,500 in both cases. The next day resets from whatever your closing balance was.
Why the 2-step 12% drawdown matters
Most 2-step prop firm challenges use drawdowns in the 8-10% range. Forexive's 12% on the 2-step is wider than FTMO's 10%, wider than FundingPips' 10%, and comparable to the wider-rule firms in the space. For swing traders and traders who run through news events, 12% of starting balance is meaningful room. A $10K account can absorb up to $1,200 in losses before failing, compared to $1,000 with a 10% drawdown and $800 with an 8% drawdown.
The catch is the daily 5% limit. On a $10K account, that is $500 per day. One bad news trade can consume a tenth of your entire allowed drawdown in a single session.
Forexive News Trading Rules
Forexive has a two-option news trading setup that is different from most firms. At checkout, traders choose between a news-restricted account and a non-restricted account. The tradeoff is leverage.
| Account type | News trading | Leverage |
|---|---|---|
| Standard (news restrictions on) | No trading in a 10-minute window around high-impact news (5 min before, 5 min after) | 1:50 (1-step), 1:100 (2-step) |
| Swing (news restrictions off) | News trading allowed at any time | 1:30 on both 1-step and 2-step |
During the 10-minute news restriction window on standard accounts, traders cannot open or close positions or modify Take Profit or Stop-Loss levels. They can hold existing positions through the event, but any attempt to adjust them during the window is a violation.
Which option should you choose?
If you trade news events for entries, pick the swing option (no restrictions, lower leverage). If you trade trends during normal sessions and want maximum leverage, pick the standard option and stay out of the market during high-impact releases. Most scalpers and intraday trend traders do better on the standard account. Forex traders who specifically use news spikes as entries need the swing account to avoid accidental violations.
Prohibited Trading Strategies
Forexive bans a specific list of strategies. These apply during both the evaluation and funded phases. Any violation can result in account closure without a payout, even if you are otherwise profitable and within drawdown.
The IP address rule is worth paying attention to. If you trade from multiple devices on the same network or use a VPN that shares an IP with another trader, Forexive may flag your account. Ask support about VPN policy and multi-device access before trading.
Forexive Account Sizes and Pricing
Forexive offers accounts from $5K to $200K on both 1-step and 2-step challenges. All prices below are before discount. Apply code FT15 to get 15% off.
1-Step Challenge Pricing
| Account size | Price (before FT15) | Price (after FT15, approx) | Profit target | Max drawdown |
|---|---|---|---|---|
| $5,000 | $39 | $33.15 | 10% ($500) | 6% ($300) |
| $10,000 | $99 | $84.15 | 10% ($1,000) | 6% ($600) |
| $25,000 | $199 | $169.15 | 10% ($2,500) | 6% ($1,500) |
| $50,000 | $329 | $279.65 | 10% ($5,000) | 6% ($3,000) |
| $100,000 | $569 | $483.65 | 10% ($10,000) | 6% ($6,000) |
| $200,000 | $1,099 | $934.15 | 10% ($20,000) | 6% ($12,000) |
2-Step Challenge Pricing
| Account size | Price (before FT15) | Price (after FT15, approx) | Phase 1 target | Phase 2 target | Max drawdown |
|---|---|---|---|---|---|
| $5,000 | $49 | $41.65 | 10% ($500) | 5% ($250) | 12% ($600) |
| $10,000 | $75 | $63.75 | 10% ($1,000) | 5% ($500) | 12% ($1,200) |
| $25,000 | $175 | $148.75 | 10% ($2,500) | 5% ($1,250) | 12% ($3,000) |
| $50,000 | $325 | $276.25 | 10% ($5,000) | 5% ($2,500) | 12% ($6,000) |
| $100,000 | $475 | $403.75 | 10% ($10,000) | 5% ($5,000) | 12% ($12,000) |
| $200,000 | $999 | $849.15 | 10% ($20,000) | 5% ($10,000) | 12% ($24,000) |
The 2-step is consistently cheaper than the 1-step at every account size. That price gap, combined with the wider 12% drawdown, makes the 2-step the stronger value unless you specifically need the 1-step speed advantage.
Forexive Payouts and Profit Split
Forexive requires 4 weeks on the funded account and a minimum of 7 trading days before your first payout. After that, payouts run every 14 days, paid on the second and last Tuesday of each month. The firm reviews rule compliance before releasing funds. Accounts flagged for strategy violations or prohibited activity can have payouts delayed or denied.
| Payout item | Details |
|---|---|
| First payout | After 4 weeks on the funded account, with a minimum of 7 trading days completed. Payouts process on the 2nd and last Tuesday of each month. |
| Ongoing payouts | Every 14 days after the first payout. Paid on the 2nd and last Tuesday of each month. |
| Profit split | 80% (first payout), 85% from the second payout onward, up to 95% after reaching scaling plan thresholds. |
| Payout methods | Bank transfer, Rise, crypto (USDT TRC20, USDC ETH, BTC, ETH, LTC) |
| Speed | Advertised within 24 hours of request approval. |
| Commission deducted | $3 per round lot on forex, commodities, and indices. This is deducted from account balance as you trade. |
Minimum funded trading days before first payout
The funded account requires a minimum of 7 trading days before you can request your first payout. The evaluation only requires 3 days per phase, but the funded account requirement is separate and higher. A trading day counts only if you both open and close a trade on the same day. A trade opened Monday and closed Wednesday counts as one trading day, not two.
Payout warning for this firm
If you proceed, start small. Use the $5K or $10K account size first. Keep screenshots of the rules shown on your exact plan at the time of purchase. Document all trade entries, times, and strategies so you can respond to any compliance questions. Ask support about news trading and copy trading rules before you start trading on the funded account.
Forexive Platforms and Instruments
Forexive's help center officially lists MetaTrader 5 as the available platform. MT4 is referenced on third-party directories including TheTrustedProp and the FundedTrading listing, but it is not confirmed in Forexive's own documentation. Verify platform availability at checkout before purchasing.
Tradable instruments
Forexive publicly promotes forex pairs, indices, and commodities. The help center lists Forex, Indices, and Commodities as the available instruments — crypto is mentioned on the homepage but not confirmed in official documentation. Verify at checkout. The $3 per round lot commission applies to forex, commodities, and indices. Check the live instrument list and spreads before trading, as availability and swap fees can vary by account type. Spreads start from 0.0 pips on major pairs per Forexive's public marketing. The firm uses an equity-based spread structure with $3/lot commission rather than a pure spread markup model.
Who the platform choice suits
Forexive suits traders on MT5. If you specifically need MT4, verify availability directly before buying — it is not listed in the official help center. If your reason for considering Forexive is broader MetaTrader access, compare with other MT5 prop firms before committing. See our best MetaTrader 5 prop firms comparison for alternatives.
Forexive Scaling Plan
Forexive offers a scaling plan that increases your funded account balance up to $2 million in simulated capital. To qualify, you must meet two conditions over a consecutive 3-month period.
The 8% in 3 months condition averages out to roughly 2.7% per month, which is achievable for consistent traders. The harder condition is the consecutive requirement. If one of the 3 months is flat or slightly down, the clock resets. This rewards traders who manage risk over time rather than those who profit in bursts.
The $2M cap is simulated capital, not real money being transferred to you. Payout is still based on profit percentage. At a 95% split on a $2M account, a 1% profitable month produces $19,000 in trader payout. At a more realistic 0.5% month, that is $9,500. These are hypothetical examples. Actual results depend on your trading and are not guaranteed.
Forexive Pros and Cons
Pros
- MT5 available. Match-Trade and cTrader listed as coming soon. MT4 on third-party listings but not confirmed in official docs.
- 2-step challenge has 12% max drawdown, one of the widest static drawdowns in the market
- Access Model: $10 upfront for 1-step, $15 for 2-step — pay full fee only after passing
- No time limits on evaluations
- Choice between news-restricted (higher leverage) and non-restricted (lower leverage) accounts
- Scaling plan up to $2M simulated capital with 95% profit split
- Payouts on 2nd and last Tuesday of each month. First payout available after 4 weeks and 7 minimum funded trading days.
- Rise, crypto, and bank transfer payout options
- Coupon code FT15 gives 15% off
- Spread from 0.0 pips with $3/lot commission (transparent pricing)
- Traders from 180+ countries accepted (US excluded)
Cons
- US traders cannot use the platform
- Match-Trade and cTrader only listed as coming soon, not live
- Profit split starts at 80% — scaling required to reach the top tier
- IP address rule can catch traders using VPNs or shared networks
- Scaling plan requires 3 consecutive profitable months
- Some key rules (payout conditions, news rules) need plan-level verification at checkout
Best for
Traders who want MetaTrader access, balance-based drawdown, and the option to enter for $10 or $15 upfront via the Access Model. Good fit for swing traders who need the wider 12% drawdown room on the 2-step challenge.
Avoid if
You only want firms with a clean, complaint-free public reputation. Futures traders, US-based traders, and traders who rely on third-party signal services or copy trading will also not be a good fit here.
Is Forexive Legit?
Forexive is a registered UK company. FOREXIVE LTD holds Company no. 15746920 on the UK Companies House register, with an address at 3rd Floor, 86-90 Paul Street, London EC2A 4NE. The website is live, the checkout works, and the firm has been operating since September 2024. That answers the basic existence question.
The harder question is payout reliability. Forexive's Trustpilot page carries an active warning notice from Trustpilot. This typically appears when a business has a pattern of complaints that triggers Trustpilot's internal review systems. The Forexive page also shows a meaningful share of 1-star reviews. Trustpilot has stated it removed a number of fake reviews from Forexive's page, which suggests the firm has been actively soliciting reviews, a common pattern among newer prop firms building their public profile.
Some negative reviews describe payout denials and customer support issues. It is not possible to verify each complaint independently, and some may reflect rule violations rather than firm wrongdoing. But the pattern is real and consistent enough to flag.
Trust checklist before you buy
Open Trustpilot, search "Forexive," and filter by 1-star reviews sorted by most recent. Read what traders say about payouts and rule enforcement. Then ask Forexive support the following before paying: Does my plan allow news trading, and how is the window defined? Are EAs allowed on funded accounts? What is the minimum payout amount? Can I use a VPN? What happens if I get flagged for prohibited strategy and I believe the flag is incorrect?
If support responds promptly and clearly, that is a positive signal. If you get generic or slow responses before you have paid anything, that tells you something about what post-purchase support might look like.
Forexive Alternatives
If the MetaTrader access is the main draw, several established firms also support MT4 and MT5 with longer operating histories and cleaner public reputations. If the 12% drawdown is the draw, check whether other firms offer comparable drawdown room before deciding Forexive is the only option.
| Alternative | Why compare it | FundedTrading link |
|---|---|---|
| Best MT5 prop firms | Useful if MT5 access is the primary reason you are looking at Forexive. Several established firms offer MT5 with stronger payout histories. | Compare MT5 prop firms |
| Best instant funding prop firms | Useful if you are looking at Forexive's instant model. Several firms with more established payout records offer instant funding. | Compare instant funding firms |
| Cheapest prop firms | Useful if your goal is the lowest entry fee. Forexive's Access Model at $10/$15 upfront is hard to beat on paper, but total cost after passing is still the standard fee. | Compare cheap prop firms |
| All prop firm discount codes | If you want to compare FT15 against other active codes across all FundedTrading partner firms. | See all discount codes |
Forexive FAQs
What is the Forexive coupon code?
The FundedTrading Forexive coupon code is FT15. It gives 15% off at checkout. Apply it through this checkout link and confirm the price updates before paying.
Is Forexive legit?
Forexive is a registered UK company (FOREXIVE LTD, Company no. 15746920) with a live website and checkout. However, its Trustpilot profile carries a warning notice and a high share of 1-star reviews. Treat it as a higher-diligence purchase and read recent Trustpilot reviews before buying.
What is the Forexive Access Model?
The Access Model is a pay-after-pass option. You pay $10 upfront for a 1-step or $15 for a 2-step, then pay the full challenge fee only after passing. The total cost once you pass is the same as a standard challenge. The lower upfront amount reduces your risk if you fail.
What platforms does Forexive use?
Forexive currently runs on MetaTrader 4 and MetaTrader 5. Match-Trade and cTrader are listed as coming soon on the Forexive homepage.
Does Forexive have a time limit?
No. Forexive advertises no time limit on evaluation accounts. Traders still need to meet all other rules including drawdown, minimum trading days, and prohibited strategy rules.
What drawdown type does Forexive use?
Forexive uses static balance-based drawdown. The daily limit is calculated using balance or equity, whichever is higher at end of day. The 1-step has a 6% max drawdown. The 2-step has a 12% max drawdown.
Does Forexive allow news trading?
Yes, with a choice. Standard accounts ban trading during a 10-minute window around high-impact news events (5 minutes before, 5 minutes after) in exchange for higher leverage. Swing accounts allow news trading but get lower leverage.
What are the Forexive payout methods?
Forexive pays out via bank transfer, Rise, and cryptocurrency including USDT TRC20, USDC ETH, Bitcoin, Ethereum, and Litecoin.
How much commission does Forexive charge?
$3 per round lot on forex pairs, commodities, and indices. This is charged as you trade, not at payout. Spreads start from 0.0 pips on major pairs.
Can US traders use Forexive?
No. Forexive does not accept traders from the United States due to regulatory reasons. Traders from all other countries (180+ served) are accepted.
How does the Forexive scaling plan work?
Traders must generate at least 8% profit over 3 consecutive calendar months, with the final month being profitable. Meeting this unlocks account scaling up to $2 million in simulated capital with up to a 95% profit split.
Should beginners use Forexive?
With caution. Forexive's evaluation is not unusually hard compared to the market, but prop firm trading is difficult regardless of the firm. New traders should understand drawdown, lot sizing, and payout conditions before paying. Start with the smallest account size if you decide to proceed.
Try Forexive with 15% Off
Use coupon code FT15 at checkout. Verify the discount before paying. Start with the smallest account size if you are testing the firm for the first time.
Start at Forexive with FT15
