About Trive
Company Overview
Trive is a multi-regulated forex and CFD broker that began operations in 2023. The broker is headquartered in Malta and operates under the Trive Financial Holding group based in the Netherlands. It offers trading services to retail and institutional clients worldwide, with a strong emphasis on high leverage and a broad range of instruments.
The company's official website is trive.com, and it maintains a presence across major social media platforms including Facebook, Instagram, LinkedIn, and YouTube. Despite its recent founding, Trive has quickly expanded its regulatory footprint to include licenses in Australia, Malta, South Africa, and the British Virgin Islands.
Regulatory Status
Trive holds multiple regulatory licenses: ASIC (Australia) with a Market Making License, MFSA (Malta) also Market Making, FSCA (South Africa) as an Over-the-Counter Derivative Provider, and FSC (British Virgin Islands) with an Offshore Regulation. These licenses cover various regions, providing clients with different levels of investor protection.
The MFSA license is considered a top-tier European regulation, while the ASIC license is also reputable. The FSCA and FSC licenses are overseen but may offer less comprehensive protection. It is important for traders to verify which entity services their account.
Account Types and Leverage
Trive offers four account types: ECN Zero, Standard, VIP, and Pro Leverage. The ECN Zero and Standard accounts have no minimum deposit, while VIP requires $2000. Leverage is up to 1:500 for the first three accounts, but the Pro Leverage account offers up to 1:2000, which is extremely high and carries significant risk.
All accounts support the full range of instruments, though spreads and commissions may vary. The VIP account likely includes additional benefits such as dedicated support or reduced spreads. The high leverage options appeal to aggressive traders but amplify potential losses.
Trading Platforms and Instruments
Traders can use MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both industry-standard platforms known for their charting tools, automated trading, and mobile compatibility. Trive also offers its own platform, Trive Trader, for those seeking a custom experience.
The instrument list includes major, minor, and exotic currency pairs, commodities, indices, stocks, and cryptocurrencies. This variety allows traders to diversify across asset classes. The broker advertises over 1000 CFD instruments, though exact numbers may vary by region.
Deposits, Withdrawals, and Support
Trive promotes fee-free, instant funding 24/7, supporting multiple payment methods including bank transfers, credit/debit cards, and e-wallets. Withdrawals are also claimed to be fast and without additional fees.
Customer support is available 24/5 via live chat, email, and phone. The broker also maintains an extensive FAQ section and support portal. Educational resources and market analysis are provided to help traders make informed decisions.
Target Audience
Trive is aimed at both novice and experienced traders, though its high leverage and VIP account suggest a focus on active, risk-tolerant traders. The range of account types and platforms makes it accessible to different skill levels.
However, the 72% retail investor loss rate disclosed on its website indicates that CFD trading is risky. Traders should carefully consider their experience and financial situation before engaging.
Overview compiled by FXCanary from regulatory records and public data. full Trive review