trive invest

Trive Invest is a retail forex and CFD broker established in Indonesia and registered in 2023. The company is based at Multivision Tower, 20th Floor, Jl. Kuningan Mulia Lot 9B, South Jakarta. It operates under the regulation of the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI), and is a member of the Jakarta Futures Exchange (JFX) and the Indonesian Commodity and Derivatives Exchange (ICDX). These licences mark it as a regulated entity within Indonesia's legal framework for derivatives trading.

The broker targets both local and international traders, offering a variety of account types designed to accommodate different experience levels and capital sizes. Its platform of choice is not explicitly stated on its website, but it likely utilizes MetaTrader or a proprietary solution, as is common among Indonesian brokers. Trive Invest's registration date of November 2023 makes it a relatively new entrant in the market.

Trive Invest holds three regulatory licences in Indonesia: a Forex Trading Licence (EP) from BAPPEBTI, a Derivatives Trading Licence (AGN) from JFX, and another EP licence from ICDX. These authorise the broker to offer forex and commodity futures trading to retail clients. BAPPEBTI is the primary regulator for commodity futures trading in Indonesia, and membership in JFX and ICDX is mandatory for brokers operating in this space.

While regulation by BAPPEBTI provides a layer of investor protection, it is important to note that Indonesian regulation does not offer the same level of compensation schemes as some Western regulators. Traders should verify the broker's licences on the official BAPPEBTI register and understand the extent of protection offered.

Trive Invest offers three account tiers: Classic, Classic Gold, and Premium. The Classic account is the most accessible, with a minimum deposit of $200 and leverage up to 1:1000. This makes it suitable for retail traders with smaller capital. The Classic Gold account requires a $1,000 minimum deposit and offers a fixed spread model with a $1 per lot commission, while the Premium account starts at $2,500. Both Classic Gold and Premium have a maximum leverage of 1:400.

The broker does not list any commission for the Classic account on its website, suggesting a spread-only cost structure. The existence of multiple account types allows traders to choose based on their trading style and budget. However, the higher minimum deposit for Premium may limit access for some.

According to its website, Trive Invest offers trading in forex, gold (metal), commodities, indices, and CFD stocks. The broker highlights competitive spreads, with gold starting from 17 cents and EURUSD from 1.8 pips on the Classic account. Leverage can go up to 1:400 for most accounts, with the Classic account offering up to 1:1000. The broker also promotes a swap-free option, which may appeal to traders with religious restrictions on interest.

The specific trading platforms offered are not detailed on the information available, but it is common for Indonesian brokers to offer MetaTrader 4 or 5. Traders should contact the broker to confirm platform availability and instrument lists in full.

Trive Invest claims to offer fast, free deposit and withdrawal services. The broker supports local bank transfers and e-wallets, which are popular in Indonesia. It states that withdrawals are processed instantly and without fees, and that all transactions are transparent via the trading app.

While these claims are attractive, traders should verify the actual processing times and any hidden fees by reading the terms and conditions. The broker's website does not specify the minimum withdrawal amount or any potential charges for certain methods.

Trive Invest appears to target retail traders in Indonesia and the broader Southeast Asian region, given its local regulation and language support. The range of account types and flexible leverage suggests it aims to serve both beginners and experienced traders. The Classic account is priced for newcomers, while the Premium account caters to high-volume or professional traders.

However, the broker's newness (founded in 2023) and limited independent reviews mean that traders should approach with caution and conduct thorough due diligence before depositing funds.