Trive

Trive Review: Is Trive Broker Good?

Broker overview and general information

Trive is a financial group headquartered in the Netherlands that provides global investment, credit, banking, wealth management and insurance services. Trive's subsidiaries have operations around the world, including the United States, Europe, Africa, the Middle East, Indonesia, Australia and Southeast Asia.

Trive's affiliates are licensed by reputable regulators across the globe, including the Financial Industry Regulatory Authority (FINRA) in the United States, the Australian Securities and Investments Commission (ASIC) in Australia, the Malta Financial Services Authority (MFSA) in Malta, the Capital Markets Board (CMB) in Turkey, the Commodity Futures Trading Regulatory Agency (BAPPEBTI) in Indonesia, the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Commission (FSC) in Mauritius, and the Financial Services Commission (FSC) in the British Virgin Islands.

By offering a wide range of services and efficient customer support, Trive is committed to continuous innovation to meet the needs of investors in the ever-changing investment environment.

Broker Licensing and Regulation

If you ask whether Trive is good, you should start by considering the license and registration factors first, which are detailed as follows:

• Financial Sector Conduct Authority (FSCA) License No. 27231 under Trive South Africa (Pty) Limited.

• Mauritius' Financial Services Commission (FSC) License No. GB21026295 under TRIVE FINANCIAL SERVICES LTD.

• Australian Securities and Investments Commission (ASIC) License No. AFS 424122 under Trive Financial Services Australia Pty ltd.

• British Virgin Islands Financial Services Commission (BVI FSC) License No. SIBA/L/14/1066 under Trive International  Limited.

• Financial Industry Regulatory Authority (FINRA) License No. CRD 21946 under TRIVE NEW YORK LLC.

• Malta Financial Services Authority (MFSA) License No. CRES IF 5048 under TRIVE FINANCIAL SERVICES MALTA LIMITED.

• Capital Markets Board Of Turkey (CMB) License No. G-033(408) TFG under Trive Yatırım Menkul Değerler A.Ş.

• Perdagangan Investment Bank of Perdagangan Investment Advisory Board (BAPPEBTI) License No. 824/BAPPEBTI/SI/11/2005 under PT Trive Invest Futures Company.

 ⚠️Warning: Each organization's license has different requirements and conditions, depending on the jurisdiction and the licensing authority. This difference can affect the level of protection and the requirements that investors and users must comply with.

Investors should therefore study the license information carefully before deciding to use the service to ensure that the broker or platform is properly regulated and safe for your investment.

Broker Products and Services

Trading products

1. Forex

Discover exciting investment opportunities in the Forex market with competitive prices on Trive's platform. High liquidity - be sure your trades will be executed quickly. Support from a team of global brokerage experts. Choose from over 300 currency pairs. Join millions of Forex traders around the world.

2. Stocks

Trade CFDs on shares of leading companies across industries, without actually owning the shares. Experience the thrill of trading world-famous brands, with the opportunity to profit even as the shares fall in value.

3. Index

Trive offers you the opportunity to trade CFDs (Contracts for Difference), which are financial instruments that allow you to speculate on price movements, whether they will go up or down. You can trade CFDs on popular indices such as the Dow Jones (US) or the GER40 (Germany). You can also trade CFDs on shares of leading companies within specific industries, without actually owning the shares.

4. Commodities

Expand your portfolio and manage your risk more effectively by trading CFDs on a variety of commodities, including metals (hard commodities) and crops (soft commodities).

5. Cryptocurrency

Trive supports investment in the fast-changing cryptocurrency market, providing easy access to the market and attracting returns with its high volatility and deep liquidity.

 Trading platform

Trive offers a wide range of trading platforms to meet the needs of all levels of investors.

MetaTrader 4 (MT4):The most popular trading platform, suitable for both beginners and professionals. MT4 has essential charting functions and 30 pre-installed technical indicators to help you analyze the markets. It also supports automated trading via Expert Advisors (EA). It is available on desktop, web and mobile.

MetaTrader 5 (MT5):The latest version of the popular trading platform MT5 offers a wider range of flexible functionality, including in-depth market analysis and cutting-edge trading tools. It supports automated trading with MQL5 and is available on desktop, web and mobile.

Trive Trader:An application developed by Trive for fund management and trading in multiple asset classes. This app combines all functions in one, without the need to install additional applications. It provides real-time market updates and comprehensive news, so that users can make efficient investment decisions.

Trive Review: Account Types 

Standard Account

• Maximum leverage: 2000:1

• Typical spread starts at: 1.2

• Base currency: USD, EUR

• Minimum trading volume: 0.01 Lots

• Maximum trading volume: 50 Lots

• Trading platforms: MT4, MT5, WebTrader

• Currency pairs: 47 pairs

• Commission: None

• Swap Fee: Yes

• Closing Level: 20%

• Minimum deposit: None

Pro-Leverage Account

• Maximum leverage: Unlimited

• Typical spread starts at: 1.2

• Base currency: USD, EUR

• Minimum trading volume: 0.01 Lots

• Maximum trading volume: 50 Lots

• Trading platforms: MT4, MT5, WebTrader

• Currency pairs: 47 pairs

• Commission: None

• Swap Fee: None

• Closing Level: 50%

• Minimum deposit: None

VIP Account

• Maximum leverage: 2000:1

• Typical spread starts at: 0.6

• Base currency: USD, EUR, GBP

• Minimum trading volume: 0.01 Lots

• Maximum trading volume: 100 Lots

• Trading platforms: MT4, MT5, WebTrader

• Currency pairs: 47 pairs

• Commission: None

• Swap Fee: Yes

• Closing Level: 20%

• Minimum deposit: $2000

ECN Zero Account

• Maximum leverage: 2000:1

• Typical spread starts at: 0

• Base currency: USD, EUR, GBP

• Minimum trading volume: 0.01 Lots

• Maximum trading volume: 50 Lots

• Trading platforms: MT4, MT5, WebTrader

• Currency pairs: 41 pairs

• Commission: $10/lot

• Swap Fee: Yes

• Closing Level: 20%

• Minimum deposit: $500

Deposit and Withdrawal Review

Deposit-Withdrawal Channels

Clients can easily fund their trading accounts via a variety of payment options, including:

• Credit Cards: Support Visa, MasterCard and other credit cards.

• Electronic payment systems: Neteller, Skrill, Sticpay

• Local Bank Transfer: Supports INR, CNY, THB, VND, KRW and TWD.

• Cryptocurrency: Tether (supports ERC20 and TRC20)

Deposit/Withdrawal Fees

There are no additional fees for deposits via any channel.

Supported Currencies

Each payment option supports different currencies.

• Credit Cards: All major currencies supported

• Electronic payment system: Suitable for USD and EUR

• Local Bank Transfer: Supports INR, CNY, THB, VND, KRW and TWD.

• Cryptocurrency: Tether (supports ERC20 and TRC20)

Trive Bonuses and Promotions

1. $100,000 Welcome Bonus for New Clients

2. $50,000 Margin Credit Bonus

Support and Customer Service

• address:Sea Meadow House, P.O. Box 116, Road Town, Tortola, BVI

• phone number:

• English Office: +44 1460944002

• China Office: +400 842 7771

• India Office: +91 1800 270 4273

• Email:[email protected] 

• Website:https://www.trive.com/int/contact-us  

Summary of Trive Broker Review: Is it any good?

Trive is a regulated broker by a trusted authority such as the Malta Financial Services Authority (MFSA) and offers a variety of trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5) and self-developed mobile applications. It supports a wide range of investment assets such as Forex, stocks, indices, commodities and cryptocurrencies, allowing investors to effectively diversify their portfolios. However, Trive has a 1.5% withdrawal fee and an inactive account fee, as well as a relatively high minimum deposit for premium accounts, which may be a limitation for some investors. Overall, Trive is a good choice for investors looking for a reliable and feature-rich platform, but it is worth considering the fees and additional requirements before deciding to use it.

Frequently asked questions about Trive

Q: What is Trive?

A: Trive is a Forex and CFDs broker that offers the MT4 and MT5 trading platforms to clients worldwide. The company is based in the British Virgin Islands (BVI) and is regulated by the BVI Financial Services Commission (FSC).

Q: What products does Trive offer?

A: Trive offers a wide range of products including Forex, Stocks, Indices, Commodities and Cryptocurrencies.

Q: How do I open an account with Trive?

A: You can open an account through the website by filling in your personal information, selecting an account type, and verifying your identity.

Q: How do I deposit and withdraw money with Trive?

A: Trive supports a wide range of deposit and withdrawal options. You can deposit via credit card, e-payment system, local bank transfer or cryptocurrency.

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Trive Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.