Trive Review 2025

Trust

Trive Regulations

In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

This is what I discovered about the several entities operating under the Trive trade name:

• Trive International Ltd is licensed and regulated by the Financial Services Commission of the British Virgin Islands (BVI FSC) under license number BVI SIBA/L/14/1066. We rate the BVI FSC as a Tier-3 regulator.
• Trive New York LLC is licensed and regulated by the Financial Industry Regulatory Authority (FINRA) under license number 21946. We rate FINRA as a Tier-1 regulator.
• Trive Financial Services Australia Pty Ltd is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under license number 424122. We rate ASIC as a Tier-1 regulator.
• Trive Financial Services Malta Ltd is licensed and regulated by the Malta Financial Services Authority (MFSA) under license number CRES IF 5048. We rate MFSA as a Tier-1 regulator.
• Trive Bank Hungary Ztr is licensed and regulated by the Central Bank of Hungary (CBH). We rate the CBH as a Tier-1 regulator.
• Trive South Africa (Pty) Ltd is licensed and regulated by the Financial Services Conduct Authority (FSCA) under license number 27231. We rate the FSCA as a Tier-2 regulator.
• Trive Turkiye comprises several subsidiary entities licensed and regulated by the Capital Markets Board (CMB) of Turkiye. We rate the CMB as a Tier-2 regulator. Please note that several subsidiaries operate under the same entity. For additional information, please visit here.
• PT Trive Invest Futures is licensed and regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI) of Jakarta. We rate BAPPEBTI as a Tier-2 regulator. Notably, PT Trive Invest Futures is a member of the Jakarta Futures Exchange (JFE) and the Commodity and Derivatives Exchange (ICDX).
• Trive Financial Services Ltd is licensed and regulated by the Financial Services Commission (FSC) of Mauritius under license number GB21026295. We rate the FSC as a Tier-3 regulator.

Understanding the Regulatory Protections of Your Account

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.

Here is what you need to be looking for in a broker in terms of safety mechanisms:

• Segregation of client funds. Keeping client funds in segregated bank accounts from the ones used for the broker’s corporate capital negates the risk of accounting errors. Trive guarantees the segregation of client funds on most of its entities.
• Negative balance protection. This safety mechanism removes the risk of trading losses exceeding the account balance. In other words, the losses you incur from trading are capped at the amount you have put in your trading account. Trive guarantees negative balance protection for some of its entities.
• Compensation scheme. A compensation scheme protects traders against the broker’s liabilities if the company becomes insolvent. Only clients of the European entities of Trive are protected by up to EUR 20,000 under the Investor Compensation Fund (ICF).
• Maximum leverage. Capping the maximum leverage restricts the extent of market exposure to retail traders. The higher the leverage, the higher the potential profits and potential losses. Clients from the EU and Australia are presented with a maximum leverage of 1:30, while Trive International offers leverage of up to 1:2000.

Stability and Transparency

In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.

Trive’s legal information is easily accessible from the broker’s website. In the legal docs section, traders can access the broker’s Client Agreement, risk notice, execution policy, and more.

While checking Trive International’s Client Agreement, I noticed that the broker remains committed to delivering the best possible quotes under the prevailing market conditions. This commitment is essential for reducing the risk of negative slippage.

Is Trive Safe to Trade With?

I determined that Trive is a quite safe broker to trade with due to the following factors:

• Licensed and regulated globally
• Growing brand with a global exposure
• Comprehensive and transparent legal docs

Fees

Trive Trading Fees

Trive Spreads

I tested Trive’s spreads on 19 November 2024 during the London and New York opens. The results are shown in the table below:

Broken down by asset class and compared to the industry average, I assessed that Trive charges low-to-average spreads on indices, average spreads on commodities, average-to-high spreads on currency pairs, and high spreads on share CFDs and cryptocurrencies.

Trive Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

My tests indicate that Trive’s swaps are average for the industry. Thus, they are suitable for implementing longer-term trading strategies, such as swing and position trading.

Trive Non-Trading Fees

Trive does not impose handling fees on deposits or withdrawals, though third-party banking fees may apply. Additionally, the broker does not charge an inactivity fee on dormant accounts.

Accounts Comparison

I have compiled the table below to help you better understand the difference between the trading fees with Trive’s four account types and the industry average. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large.

The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account.

To calculate the cost of such a full-sized trade, I used this formula: Spread x pip value+commission

I assessed that the spreads on Trive’s Standard and Pro Leverage accounts are in line with the industry-average STP spread for the EURUSD. More favorable prices are available with the ECN Zero account, which, however, is not particularly suitable for high-volume traders because its commission of$10 for a standard traded contract exceeds the industry average commission rate of $6.

Based on my assessment, Trive’s VIP account features the most competitive conditions, beating the industry average. However, the account type also has a $2000 minimum deposit requirement.

Are Trive’s Fees Competitive?

The competitiveness of Trive’s fees varies depending on the traded instruments and chosen account type. I concluded that swing traders and day traders could obtain the best possible conditions on the VIP accounts that feature low floating spreads, zero commissions, and average swaps.

Platforms and Tools

Trive MT5 Desktop

The desktop version of the MetaTrader 5 platform features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and exploit the underlying trading opportunities in multiple ways.

MT5 is arguably best suited for automated trading via its Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

General Ease of Use

The MetaTrader platform is easy to navigate. Even beginner traders can quickly learn where the charts, account info, and watch lists are. However, its cumbersome charts make the platform somewhat difficult to use.

Trive’s MT5 platform is available on both Windows and Mac and supports 52 different languages, including English, French, Spanish, German, Arabic, Chinese, and more.

In addition to the above-mentioned depth of markets tool, MT5 also features:

• Alerts-Setting Option: Traders can set alerts for when the price of a given instrument falls/rises to a predetermined level, which could potentially signal a viable entry opportunity.
• Watchlist Customization: Traders can populate watchlists with their favorite instruments and track market changes more easily.
• One-click Trading: This feature enables instant market entries at the spot price and is invaluable for high-precision traders, such as scalpers.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.

Charts

I consider the charts screen a platform’s most important feature. It facilitates technical analysis by providing an overview of price action behavior. Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles. In my experience, the really important aspect of a chart is how easy it is to scale price action up and down.

As shown above, a common issue with MetaTrader is that charts can quickly become cluttered, even with just two indicators. This can obscure price action and make it harder to perform detailed technical analysis.

I have broken down the available analytical tools and chart configurations below:

• 38 technical indicators: These include trend-based and volume-based indicators, along with oscillators to analyze price action and assess market sentiment, helping predict market movements.
• 24 drawing tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points. However, MT5’s design can make price action harder to interpret.
• 21 timeframes: For multi-timeframe analysis, enabling detailed price action analysis.
• 3 chart types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

Orders

MetaTrader 5 features three types of order execution: market, pending, and one-click trading (top-left corner). One-click trading allows immediate entries at the spot price.

I have broken down the available order types on the MetaTrader 5 platform below:

• Market orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit orders: Guarantee exact price entries but won’t be filled if the price doesn’t reach the trigger level.
• Stop orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

MT5 Desktop: My Key Takeaways

MetaTrader 5 is a good option for fast and simple order execution. However, its dated and rugged design falls short compared to newer, sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capability too rigid and less effective.

Trive MT5 App

The MT5 mobile app affords quick and easy access to the market on the go. It is very useful for opening, terminating, and adjusting open positions. The app is available for both IOS and Android.

The market is continually evolving, marked by periodic surges and declines in volatility. For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT5.

You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

MT5 App: My Key Takeaways

The MetaTrader app stands out for its convenience, making it an indispensable tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not best suited for analyzing price action.

Trive Execution Model

Trive operates as a market maker and serves as a counterparty to client orders. The broker sets its own prices and creates liquidity by trading against the trader (sells against buyers and buys against sellers.

Tradable Instruments

Compared to the industry average, Trive offers a low number of currency pairs and cryptocurrencies, an average number of commodities and share CFDs, and a high number of indices.

What Are CFDs?

Contracts for difference (CFDs) are derivatives that speculate on the underlying asset’s price without physical ownership.

For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

What Can You Trade With Trive?

Trive Instruments: My Key Takeaways

Trive provides a decent number of tradable instruments across a diverse range of asset classes. The bulk of the offering is comprised of CFDs, though a few indices and commodities can also be traded as futures contracts. My only gripe was that the broker does not include any lower-risk securities, such as ETFs or bonds.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

To start a new chat with Trive, select the chat option at the bottom left corner of the website. Before connecting to an agent, you must provide your name and email address.

I conducted my test on 12 December 2024 at around 13:22 p.m. CET via live chat. An agent connected within seconds, and I asked her a series of questions with varying degrees of complexity.

She answered my question regarding Trive’s maximum retail leverage with ease. However, she also appeared somewhat confused when I inquired about the broker’s trading fees. Still, the agent eventually provided a satisfactory answer.

Deposit and Withdrawal

Trive Deposit Methods

Trive Withdrawal Methods

Account Types and Terms

Trive Account Opening Process

To set up an account with Trive, follow these simple steps:

1. Click ‘Register’ at the top-right corner of the main page.
2. Fill your name, email, country of residence, and phone number.
3. Set up a password.
4. Log in to the client area and open a live account.
5. Fill in the rest of your personal details.
6. Elaborate on your trading experience and personal income.
7. Upload proof of ID and proof of address to verify your account.

Trive Account Types

Trive’s Standard account features zero commissions and floating spreads from 1.2 pips, meeting the industry average. It has no minimum deposit requirement, making this account type quite accessible even to traders with more moderate means.

I concluded that the VIP account features the most optimal trading conditions even though it has a relatively high minimum deposit requirement of $2000. Additionally, Trive offers a 20% stop-out on the Standard account and 50% with the Pro Leverage account, which are geared to protect traders against complete margin wipeouts.

A great advantage to Trive is that all of its trading accounts incorporate content from Trading Central for free.

Demo Accounts

Trive offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account.

Islamic Accounts

Trive provides Islamic accounts for swap-free trading, as mandated under Shariah law. You can contact their customer support to request additional information.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.

Maximum Leverage By Asset Class

In the table below, I have listed the maximum retail leverage available with Trive for instruments from different asset classes:

Trive Restricted Countries

Trive does not accept as clients residents of Iran, Myanmar, North Korea, the US, the UK, or any other territory if such activity is prohibited by the local authorities.

Research

Research Tools

I have broken down the most important research tools with Trive below:

• Economic Calendar: The economic calendar is the most rudimentary and important tool in a trader’s arsenal. It alerts traders of potential trading opportunities from upcoming economic releases, policy decisions, speeches, etc.
• Market Breakdowns: Trive publishes detailed market breakdowns (both weekly and on specific trading instruments/developments) in the TriveHUB. I found the content very informative and full of practical insights. Each article comprises aspects of technical, fundamental, and economic analyses and is usually supported by price charts.
• Trive TV: The broker recently launched Trive TV, which allows traders to access high-quality video content on niche topics and regionally specific topics.
• Trading Central: The standout feature of Trive’s research offering is the Trading Central package, which includes a news screener, market sentiment gauge, in-depth analysis, and actionable trading signals.

Trive Research: My Key Takeaways

Trive provides very well-rounded and high-quality market research tools. They allow traders to stay on top of the latest market developments and also learn about viable trading opportunities that are currently unfolding. I found this content particularly suitable for the needs of day traders and swing traders.

Education

I reviewed Trive’s educational articles, accessible via the TriveHUB, and found they fall into two categories: general trading concepts and trading strategies. Topics range from basics like short selling to advanced concepts such as the Ichimoku Cloud indicator. While the articles are high-quality, TriveHUB lacks coherence and organizational structure.

The Bottom Line

Trive, a forex and CFDs broker under Trive Financial Holding, operates nine entities regulated worldwide.

The broker offers over 170 tradable instruments, including currency pairs, commodities, share CFDs, indices, and cryptocurrencies. It supports MetaTrader 4 and 5 while also providing a proprietary app for copy and social trading.

Although trading fees vary significantly across instruments, Trive stands out for its exceptional market research, offering top-tier market analysis and trading signals.

I concluded that Trive could be a solid option for day traders and swing traders.

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