Question 1

Is Trive regulated and safe for traders?

FXScope Intelligence Lab · Accepted Answer

Trive is regulated by two financial authorities: MFSA (Malta) with license CRES-IF-5048 and FSCA (South Africa) with license 27237. While these regulations provide some oversight, Trive lacks the multi-jurisdictional regulation from tier-1 authorities like FCA, ASIC, or BaFin that many leading brokers maintain. The broker was established in 2022, making it relatively new to the market. Compared to more established competitors, Trive's regulatory coverage is limited, which may be a concern for traders prioritizing maximum fund protection and regulatory oversight.

Question 2

What are Trive's account types and trading costs?

FXScope Intelligence Lab · Accepted Answer

Trive offers two main account types: Classic account with a $1 minimum deposit, and Prime account requiring $2,500 minimum. Both accounts feature fixed spreads starting from 0.5 pips on EUR/USD, with a $2.50 commission structure. The broker charges fees on both deposits and withdrawals, though it does not impose inactivity fees. Maximum leverage is set at 1:30 across all instruments, and the minimum position size is 0.01 lots for both account types. The Classic account offers basic trading features, while the Prime account provides enhanced conditions for higher-volume traders.

Question 3

What trading platforms does Trive provide?

FXScope Intelligence Lab · Accepted Answer

Trive offers both MetaTrader 4 and MetaTrader 5 platforms, along with mobile trading capabilities. This dual-platform approach caters to traders who prefer either the established MT4 or the more advanced MT5 trading environment. However, there are important limitations to note: both platforms are subject to 30 days of inactivity restrictions, after which account access may be limited. The platforms support essential trading features including Expert Advisors, automated trading, one-click trading, trailing stops, and pending orders, making them suitable for both manual and algorithmic trading strategies.

Question 4

Does Trive have withdrawal and scalping issues?

FXScope Intelligence Lab · Accepted Answer

Recent user reports from Forex Peace Army indicate significant concerns with Trive's withdrawal processes and scalping policies. Traders have experienced withdrawal requests being ignored for extended periods (8+ days) and eventual denial based on alleged 'scalping' violations. A particular controversy involves Trive's '120-second rule' prohibiting trades closed within two minutes, though this rule was not documented in their Terms and Conditions. Reports also suggest inconsistent policy application, with similar trading strategies being treated differently for different clients. These issues have led some traders to escalate complaints to the Office of the Arbiter for Financial Services in Malta.

Question 5

What is the minimum deposit at Trive?

FXScope Intelligence Lab · Accepted Answer

Trive offers one of the lowest minimum deposit requirements in the industry at just $1 for their Classic account. This makes the broker accessible to traders with limited capital who want to test their services before committing larger amounts. For traders seeking more advanced features and better trading conditions, the Prime account requires a $2,500 minimum deposit. This tiered approach allows beginners to start small while giving experienced traders the option to access enhanced trading conditions and support.

Question 6

Is Trive beginner-friendly?

FXScope Intelligence Lab · Accepted Answer

Trive shows mixed signals for beginner-friendliness. The extremely low minimum deposit of $1 makes it accessible for new traders to test the waters. The broker offers multilingual support in German, English, and Spanish, and provides both MT4 and MT5 platforms which have extensive educational resources available online. However, concerns arise from recent user reports about problematic withdrawal processes, unclear scalping policies, and inconsistent enforcement of trading rules. The lack of inactivity fees is positive for casual traders, but the 30-day platform inactivity restrictions could be problematic for beginners who may not trade frequently. New traders should be aware of the reported issues and consider starting with the minimum deposit while thoroughly understanding all terms and conditions.

Trive

Key highlights

Trive SEO overview

Regulatory coverage

Accounts & conditions

Safety summary

Profile freshness

Similar Brokers You Might Like

IFC Markets

Markets4you

InstaForex