Trive Review
💲 Min Deposit $1
⌛ Year Established 2022
💼 Regulation
💡 Min Position 0.01 lot
🌐 Website www.trive.com
🌎 Country
⚖ Max Leverage 1:30
🏆 Trading contests
📖 Free education
Trive is a well-established broker since 2022. Trive has headquarters in Malta and South Africa. Trive to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by MFSA CRES-IF-5048 and FSCA 27237.
Account Information
Apart from the forex demo account, this broker offers Classic and Prime. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Trive is up to 1: 30. Meanwhile, you can open an account with a starting capital of $1.
Min Deposit
$1
Max Leverage
1:30
Spread
Fixed
Commission
$2.50
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $1
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, Trive also offers some instruments you would like to trade on, such as Forex, CFD and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Classic account, Trive specifically provides it with the following instruments and leverage:
💲 Min Deposit $2500
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $2.50
Instruments Traded
Besides lots of currency pair, Trive also offers some instruments you would like to trade on, such as Forex, CFD and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Prime account, Trive specifically provides it with the following instruments and leverage:
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Trive also provides payment with Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Trive offers you MetaTrader 4 (Limited with 30 days of inactivity) and MetaTrader 5 (Limited with 30 days of inactivity).
Customer Support
Do you have any question or find any trouble related to Trive? If you do, you should reach Trive's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About Trive
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Trive is a good broker for you or not by reviewing the criteria. In general, Trive provides trading service in Forex , CFD and Indexes . As for the payment methods, you can choose between Wire transfer and Credit/debit cards. The customer support is available via Email, Phone, Callback, Live chat and Office.
The starting capital in Trive is $1.
Trive is regulated by MFSA CRES-IF-5048 and FSCA 27237. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Trive is a brokerage company offering trading services for clients since 2022 with offices in Malta and South Africa.
