Trive
Rating: 4.5 / 5Trive is a well-established and globally regulated broker with a history dating back to 1999. It stands out for its robust regulatory framework, holding licenses from top-tier authorities like FINRA (USA), ASIC (Australia), and the FSCA (South Africa). Offering both MT4 and MT5 platforms, alongside a dedicated social trading app, Trive caters to a wide range of trader types. Its fee structure is competitive, with commission-free accounts and a true ECN option, making it a strong contender for both new and experienced traders.
Trive is a well-established and globally regulated broker with a history dating back to 1999. It stands out for its robust regulatory framework, holding licenses from top-tier authorities like FINRA (USA), ASIC (Australia), and the FSCA (South Africa). Offering both MT4 and MT5 platforms, alongside a dedicated social trading app, Trive caters to a wide range of trader types. Its fee structure is competitive, with commission-free accounts and a true ECN option, making it a strong contender for both new and experienced traders.
Broker Details
- Headquarters
- Netherlands
- Established
- 2020
- Min Deposit
- $100
- Execution
- Market Maker
- Regulators
- ASIC, FINRA, FSC Mauritius, FSCA, MFSA
Trading Conditions
- Retail Loss Rate
- 68% for its european entities
- Min Raw Spreads
- 0.0 pips
- Min Standard Spreads
- 1.2
- Min Forex Commission
- no commission
Accounts & Funding
- Funding Methods
- 10
- Deposit Options
- Credit CardsDebit CardsOtherCrypto Currency
- Deposit Fees
- No
- Withdrawal Options
- Credit CardsDebit CardsOtherCrypto Currency
- Withdrawal Fee
- No
Trading Costs & Spreads
- EUR/USD
- 1.2 pips
- GBP/USD
- 1.6 pips
- Gold
- 28 pips
- Bitcoin
- 95 dollars
- WTI Crude
- 0.04 Pips
- Inactivity Fee
- 10 EUR/USD/GBP per month. This fee is applied to an account if there has been no trading activity for a period of six consecutive months.
Platform & Features
- Trading Platforms
- MetaTrader 4, MetaTrader 5
Pros
- Competitive fees with true ECN account option
- Both MT4 and MT5 platforms available
- Heavily regulated by multiple Tier-1 authorities
Cons
- Spreads and leverage vary by authority
- Inactivity fee of €10 per month after 6 months
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