Trive Invest Review | GKInvest Review

Trive Invest | GKInvest

Trive Invest | GKInvest

www.triveinvest.co.id

  • Leverage: 1:30 | 1:400

  • Regulation: BAPPEBTI, FCA, ASIC, MFSA, FSCA, FSC

  • Min. Deposit: $50

  • HQ: Indonesia

  • Platforms: MT5

  • Found in: 2005

Trive Invest Licenses:

  • PT Trive Invest Futures - authorized by BAPPEBTI (Indonesia) license no 824/BAPPEBTI/SI/11/2005
  • Trive Financial Services UK Limited - authorized by FCA (UK) license no 501320
  • Trive Financial Services Australia Pty Ltd. - authorized by ASIC (Australia) ACN no 159166739
  • Trive Financial Services Malta Limited - authorized by MFSA (Malta) registration no C 60473
  • Trive South Africa (Pty) Ltd. - authorized by FSCA (South Africa) FSP no 27231
  • Trive Financial Services Ltd - authorized by FSC (Mauritius) license no GB21026295

Top 3 Forex Brokers

  1. What is Trive Invest?
  2. Trive Invest Pros and Cons
  3. Is Trive Invest Safe or a Scam?
  4. Leverage
  5. Accounts
  6. Instruments
  7. Fees
  8. Spreads
  9. Deposits and Withdrawals
  10. Trading Platform
  11. Customer Support
  12. Education
  13. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about Trive Invest.

What is Trive Invest?

Trive Invest, previously known as GKInvest, operates as a Forex trading company based in Indonesia. It provides a range of trading instruments across various asset classes, including Forex, CFDs, Commodities, Indices, Precious Metals, and Shares.

Based on our research, the broker is under the supervision and authorization of the Indonesian Commodity Futures Trading Supervisory Agency (BAPPEBTI). The firm has expanded its reach globally, holding licenses from top-tier regulatory bodies such as FCA in the UK, ASIC in Australia, European MFSA in Malta, and reputable FSCA in South Africa. Additionally, it is licensed by the Financial Services Commission in Mauritius.

In general, the company offers competitive trading conditions and efficient trade execution through the advanced MetaTrader trading platform.

Trive Invest Pros and Cons

Per our findings, the broker presents both pros and cons that are important to consider. On the positive side, Trive Invest offers competitive trading conditions, a low minimum deposit requirement, and access to the well-known MT5 trading platform.

For the cons, the primary entity of Trive Invest lacks a top-tier license, which might be a concern for traders who prioritize brokers with more robust regulatory credentials. Additionally, the brokerage provides a limited range of financial instruments compared to other Forex trading platforms. Also, the availability of educational resources is limited, so novice traders might better look for more suitable offerings.

AdvantagesDisadvantages
Good trading conditionsNo 24/7 customer support
Low minimum depositLimited trading products
Global coverageConditions vary based on entity
Professional tradingLimited learning materials
Competitive pricing
Advanced trading platform
Competitive spreads

GKInvest Review | Trive Invest Official Website

Trive Invest Review Summary in 10 Points
🏢 HeadquartersIndonesia
🗺️ RegulationBAPPEBTI, FCA, ASIC, MFSA, FSCA, FSC
🖥 PlatformsMT5
📉 InstrumentsForex, CFDs, Commodity, Index, Precious Metals, Share
💰 EUR/USD Spread0.8 pips
🎮 Demo AccountAvailable
💳 Minimum deposit$50
💰 Base currenciesUSD, EUR, GBP, AUD
📚 EducationProvided
☎ Customer Support24/5

Overall Trive Invest Ranking

According to our analysis, the broker provides favorable trading conditions, including competitive spreads and fees for its financial activities. Additionally, traders can benefit from the advanced MT5 trading platform and convenient deposit and withdrawal procedures, enhancing their overall trading experience.

  • Trive Invest Overall Ranking is 7.8 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry-leading brokers.
RankingTrive InvestCabana CapitalsConotoxia
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvanatgesTrading FeesTrading ConditionsTrading Instruments

Trive Invest Alternative Brokers

After considering multiple factors such as trading features, regulatory compliance, spreads, trading instruments, and user reviews, we have conducted an analysis and compiled a list of potential broker alternatives to Trive Invest.

Is Trive Invest Safe or Scam?

No, Trive Invest is not a scam. It operates as a regulated brokerage firm under the oversight of the Indonesian BAPPEBTI. This regulatory authorization suggests that the company operates within the legal framework and is subject to certain industry standards.

Is Trive Invest Legit?

Yes, Trive Invest is a legitimate and regulated broker that holds the necessary licenses and follows regulations for offering Forex trading services. While BAPPEBTI is not classified as top-tier, it is regarded as a secure regulatory body, ensuring compliance with regulatory requirements.

However, one of the subsidiaries operates in an offshore zone, therefore, before engaging in trading activities you should carefully consider and understand the differences while trading in different jurisdictions.

See our conclusion on Trive Invest Reliability:

  • Our Ranked Trive Invest Trust Score is 7.8 out of 10 for the good reputation and services provided. However, we recommended conducting your research, reviewing customer feedback, and considering personal factors before deciding to engage with the broker.
Trive Invest Strong PointsTrive Invest Weak Points
Negative Balance ProtectionTrading via offshore zone
Professional trading
Client funds security

Customer Trading Protection

Based on our research, the broker demonstrates adherence to industry standards and compliance requirements. These include measures to protect client funds, such as segregation from company funds to keep client funds separate from the broker’s operational funds. It also provides additional safeguards like negative balance protection to prevent clients from incurring losses exceeding their account balance.

However, thoroughly review the broker’s documentation, legal agreements, and policies to gain a comprehensive understanding of the specific trading protections they offer. This will help you make an informed decision before engaging in any trading activities.

GKInvest Review | Trive Invest Regulation

Trive Invest Leverage

Leverage is a useful tool that enables traders to enter the market with limited capital. However, its use can lead to substantial profits or losses as well. As such, traders should have a comprehensive understanding of how leverage works and its possible consequences before engaging in any trading activities that involve leverage.

Trive Invest leverage is offered according to the BAPPEBTI, FCA, ASIC, MFSA, FSCA, and FSC regulations:

  • The traders that hold ASIC-regulated accounts are entitled to up to 1:30.
  • European, South African, and UK traders are eligible to use a maximum of up to 1:30 for major currency pairs.
  • Traders from Indonesia may use higher leverage up to 1:400.

Account Types

We found that Trive Invest offers Classic Fixed, Professional, and Premium Zero Accounts, each offering various account types. These accounts come with unique features such as spreads, spread type, and minimum deposit requirements, allowing traders to select an account that suits their preferences and expertise.

Additionally, the broker provides swap-free trading options to cater to the diverse needs of the traders.

ProsCons
Swap-free and demo accountsNone
Variety of accounts
Low minimum deposit

Opening Trive Invest Trading Account

Opening an account with a broker is quite an easy process, as you can log in and register with Trive Invest within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:

  • Select and Click on the “Open Account” page
  • Enter the required personal data (Name, email, phone number, etc.)
  • Verify your data by uploading documentation (residential proof, ID, etc.)
  • Complete the electronic quiz confirming your trading experience
  • Once your account is activated and proven, follow with the money deposit.

GKInvest Review | Trive Invest Accounts

Trading Instruments

The firm provides access to popular trading instruments, including Forex, CFDs, Commodity, Index, Precious Metals, and Share.

The broker enables traders to diversify their portfolios and participate in various markets according to their individual preferences and trading strategies.

  • Trive Invest Markets Range Score is 7.5 out of 10 for popular trading product selections. On the other hand, we found that some popular asset classes are not available to trade.

GKInvest Review | Trive Invest Trading Instruments

Trive Invest Fees

After examining the firm’s fee offering, we found that Trive Invest offers competitive pricing for most trading services. The broker does not charge fees for bank transfers, however, additional fees may be incurred during trading activities. Therefore, we advise you to thoroughly review the broker’s fee structure and terms and conditions to gain a complete understanding of the applicable charges and their potential impact on trading activities.

  • Trive Invest Fees are ranked low or average with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers.

FeesTrive Invest FeesCabana Capitals FeesConotoxia Fees
Deposit feeNoNoNo
Withdrawal feeYesNoNo
Inactivity feeNoYesYes
Fee rankingLow/AverageLow/AverageLow/Average

Spreads

Based on our test trade, the broker offers competitive both fixed and variable spreads, with an average spread of 0.8 pips for the EUR/USD currency pair in the Forex market. However, spreads can vary based on market conditions, volatility, and liquidity, so consult the broker’s website or contact their customer support for detailed information on the spreads they offer for specific instruments and account types.

  • Trive Invest Spreads are ranked low or average with an overall rating of 8 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average of 1.2 pips and the spreads for other instruments are competitive too.
Asset/ PairTrive Invest SpreadCabana Capitals SpreadConotoxia Spread
EUR USD Spread0.8 pips1.8 pips0.1 pips
Crude Oil WTI Spread111
Gold Spread110.01

GKInvest Review | Trive Invest Spreads

Deposits and Withdrawals

Per our research, the broker provides multiple funding methods to accommodate diverse preferences including bank transfers, credit/debit card transactions, and electronic payment systems. However, some payment methods may have specific requirements or restrictions depending on the client’s bank or other financial institutions involved.

  • Trive Invest Funding Methods we ranked good with an overall rating of 8.5 out of 10. Fees are low, and also you can benefit from various funding options.

Here are some good and negative points for Trive Invest funding methods found:

AdvantageDisadvantage
Variety of funding methodsNone
Fast digital deposits

Trive Invest Minimum Deposit

To open a live trading account with the broker, traders need to deposit $50 as an initial deposit amount for Classic Fixed account types, which is considered a very good offering. For a Professional account, the minimum deposit amount is $2,500, and for a Premium Zero account is $25,000.

Trive Invest minimum deposit vs other brokers

Trive Invest Most Other Brokers
Minimum Deposit $50 $500

Trive Invest Withdrawals

Based on our analysis, the withdrawal process is both convenient and swift. The broker typically processes withdrawal requests within one day.

Withdraw Money from Trive Invest Step by Step:

To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:

  1. Login to your account
  2. Select Withdraw Funds’ in the menu tab
  3. Enter the withdrawn amount
  4. Choose the withdrawal method
  5. Complete the electronic request with requirements
  6. Confirm withdrawal information and Submit
  7. Check the current status of withdrawal through your Dashboard

GKInvest Review | Trive Invest Funding Methods

Trading Platforms

The broker provides access to the widely used MT5 trading platform, available across desktop, web, and mobile devices. This versatile platform offers a user-friendly interface and advanced features, allowing traders to execute trades, analyze market trends, and manage their portfolios seamlessly.

  • Trive Invest Platform is ranked good with an overall rating of 8.5 out of 10 compared to over 500 other brokers. We mark it as good since it offers the advanced MT5 trading platform, however, the broker does not have any other alternatives.
PlatformsTrive Invest PlatformsCabana Capitals PlatformsConotoxia Platforms
MT4NoYesNo
MT5YesYesYes
cTraderNoNoYes
Own PlatformsNoNoNo
Mobile AppsYesYesYes

Trading Tools

The platform offers a robust set of trading tools, including advanced charting tools with multiple timeframes and technical indicators. Traders can utilize automated trading strategies with built-in Expert Advisors, conduct in-depth market analysis, and manage risk efficiently with features like stop-loss and take-profit orders.

Additionally, MT5 provides economic calendars and real-time news feeds to help traders stay informed about market events that may impact their decisions.

GKInvest Review | Trive Invest Trading Platforms

Customer Support

The platform offers 24/5 customer support via live chat, phone line, email, and WhatsApp. Additionally, the support team includes trading experts who can assist with technical support, analysis recommendations, general inquiries, and operational issues.

  • Customer Support in Trive Invest is ranked good with an overall rating of 8 out of 10 based on our testing. The support team is responsive during working days, ensuring efficient assistance.

See our find and ranking on Customer Service Quality:

ProsCons
Supportive customer serviceNo 24/7 customer support
Phone support, email, live chat, etc.

Trive Invest Education

Lastly, the broker’s educational materials cover research and analysis, daily market analysis, technical analysis, educational videos, and market insights, however, lacking seminars and webinars.

  • Trive Invest Education ranked with an overall rating of 7.9 out of 10 based on our research. We suggest considering alternative brokers that offer webinars and seminars too, as the broker’s offering is limited and may not be particularly suitable for beginner traders.

GKInvest Review | Trive Invest Education

Trive Invest Review Conclusion

In conclusion, Trive Invest, formerly GKInvest, is a reliable Forex trading broker that offers competitive trading solutions, efficient execution, and access to the popular MT5 trading platform. The broker ensures the safety of clients’ funds and provides various payment methods.

The firm’s competitive trading conditions make it an attractive option for both beginners and advanced traders.

Overall, we found that the firm provides a good trading environment, however, we advise conducting your research and evaluating whether the broker’s offerings suit your specific trading requirements.

Based on Our findings and Financial Expert Opinions Trive Invest is Good for:

  • Traders from Indonesia
  • European traders
  • UK traders
  • Traders who prefer the MT5 trading platform
  • Currency trading
  • Beginners
  • Advanced traders
  • Swap-free trading
  • International trading
  • Competitive spreads and fees
  • Good trading tools
  • EA/Auto trading

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