This 2026 review of Trive assesses its account types, fees, platforms, regulation, and overall trading experience.
Trive was founded in 2012 and was previously known as ILQ.com, which was permanently expelled by the National Futures Association (NFA) in 2014 following multiple disciplinary actions. It operates as a CFD broker, offering access to forex, indices, commodities, metals, stocks, cryptocurrencies, and more via MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
The broker is regulated by several major authorities worldwide, including the Securities and Exchange Commission (SEC), the Australian Securities and Investments Commission (ASIC), and under many more jurisdictions.
Trive Overview
Trive Overview
Trive
- Minimum Deposit$0
- SpreadMedium
- Trading FeeFree
- Deposit FeeFree
- Withdrawal FeeFree
- Account OpeningWithin 24 hours
Pros and Cons
Pros and Cons
Pros
- Commission-free trading with a fixed spread option
- Regulated by multiple Tier-1 authorities globally
Cons
- Commission-free account spreads (except VIP) are higher than the industry average
- No proprietary trading platform
- Inconsistent customer service
- Lack of transparency regarding fees and previous expulsion by the NFA
Account Types
Account Types
Trive offers four main account types catered to different trader profiles: Cent, Standard, VIP, ECN Zero, and Pro-Leverage. Here’s how they compare:
Demo accounts are available for practice with virtual funds. However, swap-free accounts are only available to accounts with a balance of $10,000 or more.
Trive Fees, Spreads, and Commissions
Trive Fees, Spreads, and Commissions
Trading Fees
Trive provides commission-free trading for all accounts except ECN Zero, which incurs a $10 commission per lot (round-turn) with spreads from 0.0 pips. Spreads on Cent, Standard, and Pro-Leverage start from 1.2 pips, whereas VIP accounts’ spreads start from 0.6 pips.
Deposit, Withdrawal, and Other Account Fees
The broker doesn’t charge commissions on deposits or withdrawals. There’s also no penalty fee for inactive users.
Accounts can be denominated in the following major currencies:
- USD
- EUR
- GBP
- JPY
It’s unclear whether the broker imposes a markup for currency conversion.
Trading Platforms Available on Trive
Trading Platforms Available on Trive
The broker lacks a proprietary platform for executing trades. However, Trive supports both MT4 and MT5, the industry’s most popular platforms, providing access to advanced charting, Expert Advisors (EAs), and Virtual Private Server (VPS).
| Trading Platforms | Availability |
|---|---|
| MetaTrader 4 | |
| MetaTrader 5 | |
| cTrader | |
| TradingView | |
| NinjaTrader | |
| Proprietary Platform | |
| Mobile App |
Assets You Can Trade on Trive
Assets You Can Trade on Trive
Trive offers access to over 500 CFDs across various asset classes. The number of tradable instruments also varies by regulatory entity, with tighter restrictions under the ASIC-regulated entity. Here’s how it compares to similar CFD brokers such as Castle Market and Baxia Markets:
*Comparison between CFD brokers only
Looking for something else? Compare tradable assets, features, and more at a glance with our powerful broker comparison tool.
COMPARE BROKERSDeposit and Withdrawal
Deposit and Withdrawal
Funding Methods
You can deposit funds via:
- Debit/credit cards
- Bank transfers
- E-wallets such as Skrill
Debit/credit card and e-wallet deposits are generally instant, while bank transfers may take up to 3 business days, depending on the bank. The processing periods for withdrawals are similar to those for deposits and their respective methods.
However, there have been numerous user complaints about blocked withdrawals, profit seizures, and account closures, which warrant serious caution.
Educational Resources & Research Tools on Trive
Educational Resources & Research Tools on Trive
Research Tools
The broker’s research tools are limited to the suite of features typically provided by the MetaTrader platforms, such as:
- Technical indicators, oscillators, and drawing tools
- Basic economic news feed integrated into MetaTrader
- Periodic market updates
- Financial calendars and event reminders
- Price alerts and trading signals
It doesn’t provide any proprietary research tools or third-party integrations. Overall, Trive’s research offering is serviceable for technical traders who rely heavily on MetaTrader tools, but it lacks the depth, frequency, and innovation offered by brokers with dedicated research teams or advanced analytics platforms.
Educational Resources
Trive provides a modest selection of learning materials designed primarily for new traders who need an introduction to forex and CFD trading:
- Beginner CFD and forex trading guides
- Introductory articles on leverage, margin, and risk management
- MetaTrader platforms tutorials
- Regional webinars
- Market overview articles
The educational section is functional but lacks structured courses, tiered learning paths, strategy modules, and advanced technical or fundamental analysis training. For these reasons, traders seeking extensive education will likely need to supplement their learning with external sources.
Trive Customer Support
Trive Customer Support
Support Channels
Support is available 24/5 via:
- Live chat
- Phone
- Ticketing system
Response times for live chat and email are generally acceptable, though feedback from user reviews is mixed. The quality of customer service is inconsistent, with some clients praising the responsive assistance, while others report unresolved complaints, particularly regarding account closures or withdrawal queries.
Language Support
Trive claims to support customer inquiries in nine languages, but these languages are not explicitly stated on their website.
Safety and Regulations
Safety and Regulations
From a regulatory standpoint, Trive is supervised by multiple global regulators across its entities, including:
- ASIC
- SEC
- Malta Financial Services Authority (MFSA)
- Financial Sector Conduct Authority (FSCA) of South Africa
- Capital Markets Board (CMB) of Turkey
- Mauritius Financial Services Commission (FSC)
- British Virgin Islands Financial Services Commission (BVI FSC)
The broker provides client safety measures, including segregated funds held with AA-rated banks and negative balance protection. However, it’s important to note that Trive’s former entity, ILQ.com, was permanently expelled by the NFA in 2014 following multiple disciplinary actions.
User Experience and Interface
User Experience and Interface
Desktop Navigation and Performance
Trive relies on the familiar MT4 and MT5 environments, which offer stable performance, customizable layouts, and extensive indicator libraries. Order placement, watchlists, and chart management will feel familiar to anyone with MetaTrader experience. Connection stability and execution quality are broadly in line with typical MT4/MT5 brokers.
Mobile Navigation and Performance
For mobile trading, clients must use the MetaTrader apps on iOS and Android. These apps support core functions such as:
- Account management
- Order execution and charting
- Wide variety of technical indicators and customizable watchlists
- Biometric authentication for login
The overall mobile experience depends entirely on MetaTrader’s design rather than any proprietary Trive interface.
Final Verdict
Final Verdict
Trive remains a reliable and regulated broker that prioritizes transparency, simplicity, and accessibility. Its fixed spreads, commission-free trading model, and multi-platform offering make it attractive to beginners and conservative traders.
However, the high fixed spreads and limited advanced tools may deter professionals seeking institutional-grade trading conditions.
Is Trive the Right Broker for You?
Trive offers a reasonably competitive trading environment for CFD traders, though there is an abundance of viable competitors that surpass its core offerings. The absence of minimum deposits on main accounts and support for EA and algorithmic trading adds to its appeal.
In terms of safety, the broker warrants some caution for traders, given its history involving the NFA expulsion of its former entity, ILQ. It also lacks transparency regarding certain account-related fees.
For traders willing to test services gradually, Trive can be a viable option, though there are superior brokers available. More risk-averse or inexperienced traders may prefer a broker with more transparency and a trustworthy track record.
Who Should Trade with Trive?
Trive may be suitable if you are an intermediate or experienced trader who values MetaTrader access, competitive spreads on key forex and CFD instruments, and the ability to trade under ASIC and SEC supervision.
On the other hand, if you’re a beginner or a highly risk-averse trader, the limited transparency surrounding the fee structure and the expulsion of the previous entity by the NFA may be uncomfortable despite regulation from multiple top-tier entities.
In that case, you might prefer a broker with a longer track record in publicly audited reporting, clearly documented funding times, and a stronger consensus of positive user feedback.
Traders are strongly advised to approach with caution. Trive may appeal to beginners seeking platform simplicity or fixed spreads, but the documented operational risks and lack of transparency outweigh these potential benefits.
Disclaimer: This review is for informational purposes only and does not constitute investment advice or a recommendation to trade with any specific broker. Trading foreign exchange (forex) and contracts for difference (CFDs) involves significant risk and may not be suitable for all investors. Leverage can amplify both gains and losses. Always consider your financial objectives, experience level, and risk tolerance before making investment decisions. Broker specifications, features, and availability may vary by region and are subject to change. Please refer to the broker’s official website for the most up-to-date information.
