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Trive

Turkey
Entry Time 2022-08-15
2022-08-15Input
https://www.trive.com.tr/forex
https://www.trive.com.tr/forex
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Trive · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument Forex, gold, oil, share CFDs and commodities
Account Type N/A
Demo Account yes
Maximum Leverage N/A
Spread From 0.15 pips
Commission N/A
Trading Platform MT4 for Tablet, Mobile, Desktop and Web Based
Minimum Deposit N/A
Deposit & Withdrawal Method N/A

Trive, a trading name of Trive Yatırım Menkul Değerler A.Ş, is allegedly a forex and CFD broker registered in Turkey that claims to provide its clients with various tradable financial instruments with floating spreads from 0.15 pips on the MT4 trading platform, as well as 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Trive currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.08/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Trive advertises that it offers access to a wide range of trading instruments in financial markets, including 80+ Forex Pairs including major, minor and exotic forex pairs, commodities such as gold, silver and Foreign Stock CFDs.

Account Types

Trive claims to offer demo accounts with $100,000 virtual capital and real accounts with no specific information.

Spreads

Trive claims to offer a floating spread from 0.15 pips.

Trading Platform Available

The platform available for trading at Trive is one of the most notable and preferred trading platforms the market offers - MetaTrader4 for Tablet, Mobile, Desktop and Web Based. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Customer Support

Trives customer support can be reached by Tel. : 444 39 34 - 0(212) 345 0066, Fax: 0(212) 345 0766. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Reşitpaşa Mah. Eski Büyükdere Cad. No:2 İç Kapı No: 6 Sarıyer / İstanbul.

Pros & Cons

Pros Cons
• Rich tradable instruments • No regulation
• Demo accounts available • Lack of transparency
• MT4 supported

Frequently Asked Questions (FAQs)

Q 1: Is Trive regulated?
A 1: No. It has been verified that Trive currently has no valid regulation.
Q 2: Does Trive offer demo accounts?
A 2: Yes.
Q 3: Does Trive offer the industry-standard MT4 & MT5?
A 3: Yes. Trive offers the MT4 for Tablet, Mobile, Desktop and Web Based.
Q 4: Is Trive a good broker for beginners?
A 4: No. Trive is not a good choice for beginners. Although it offers demo accounts on the leading MT4 platform, it lacks a legal regulation license. Its dangerous to trade with any unregulated brokers.

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