<-- test --!> Exclusive: Trive Africa Launches CFD Trading for MENA Clients – Best Reviews By Consumers

Exclusive: Trive Africa Launches CFD Trading for MENA Clients

Finance / By

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Thursday, 26/09/2024 | 15:27 GMT by

Jared Kirui

  • The company is also launching a copy trading platform that enables clients to replicate experienced traders.
  • Trive Africa is reportedly in the final stages of developing a proprietary trading platform.

MENA

Trive Africa has launched contracts for difference
(CFD) trading services for clients in the Middle East and North Africa (MENA)
region. This new offering is facilitated through Trive International, a British
Virgin Islands-regulated entity, Finance Magnates learned exclusively.

According to the company, this step marks an important
milestone in its ambition to cover a larger market share across
Africa and the Middle East. It followed the recent onboarding of CFD traders by
Trive South Africa.

Thrive Africa has announced new incentives accompanying the launch of the new service to clients in the MENA region, including a deposit bonus of up to $100,000 and access to leverage of up to 1:2000. Additionally, the company is integrating some of the widely accepted payment methods, such as Skrill and Neteller, to enhance transactions for its users.

“We are excited to bring our CFD trading
services to the MENA region. This expansion not only aligns with our commitment
to enhancing our product offerings but also reinforces our vision of becoming
the premier derivatives broker in Africa. We are dedicated to providing our
clients with exceptional trading experiences and opportunities for growth,” stated Marius
Grobler, the CEO of Trive Africa and the Middle East.

In addition to CFD trading, the company has invested heavily
in its infrastructure, including a planned launch of a copy
trading platform that enables clients to follow and replicate the strategies
of experienced traders.

The company expects the new feature to go live soon to provide additional options for MENA clients to engage in the market. The company added
that clients will also benefit from improvements in the secure client area,
which allows for execution through MT4/MT5 platforms or directly within the
system.

Pursuing Mergers and Acquisitions

In line with its 10-year strategic plan,
Trive Africa is actively pursuing mergers and acquisitions across African
regions. These activities aim to strengthen the company’s infrastructure and
further enhance its product offerings. The firm is also developing its own
proprietary trading platform and has entered into partnerships with other players in the region.

This week, Trive South Africa began onboarding derivatives trading clients, making a foray into Africa’s financial markets. Currently,
the firm is regulated by the FSCA and is led by Trive’s Former MENA Chief Operating
Officer Marius Grobler. “Our recent strategic partnerships, including our collaboration with Finalto SA as our Over-the-Counter Derivative Provider (ODP) and risk partner, position us strongly in the market,” Grobler mentioned.

Trive Africa has launched contracts for difference
(CFD) trading services for clients in the Middle East and North Africa (MENA)
region. This new offering is facilitated through Trive International, a British
Virgin Islands-regulated entity, Finance Magnates learned exclusively.

According to the company, this step marks an important
milestone in its ambition to cover a larger market share across
Africa and the Middle East. It followed the recent onboarding of CFD traders by
Trive South Africa.

Thrive Africa has announced new incentives accompanying the launch of the new service to clients in the MENA region, including a deposit bonus of up to $100,000 and access to leverage of up to 1:2000. Additionally, the company is integrating some of the widely accepted payment methods, such as Skrill and Neteller, to enhance transactions for its users.

“We are excited to bring our CFD trading
services to the MENA region. This expansion not only aligns with our commitment
to enhancing our product offerings but also reinforces our vision of becoming
the premier derivatives broker in Africa. We are dedicated to providing our
clients with exceptional trading experiences and opportunities for growth,” stated Marius
Grobler, the CEO of Trive Africa and the Middle East.

In addition to CFD trading, the company has invested heavily
in its infrastructure, including a planned launch of a copy
trading platform that enables clients to follow and replicate the strategies
of experienced traders.

The company expects the new feature to go live soon to provide additional options for MENA clients to engage in the market. The company added
that clients will also benefit from improvements in the secure client area,
which allows for execution through MT4/MT5 platforms or directly within the
system.

Pursuing Mergers and Acquisitions

In line with its 10-year strategic plan,
Trive Africa is actively pursuing mergers and acquisitions across African
regions. These activities aim to strengthen the company’s infrastructure and
further enhance its product offerings. The firm is also developing its own
proprietary trading platform and has entered into partnerships with other players in the region.

This week, Trive South Africa began onboarding derivatives trading clients, making a foray into Africa’s financial markets. Currently,
the firm is regulated by the FSCA and is led by Trive’s Former MENA Chief Operating
Officer Marius Grobler. “Our recent strategic partnerships, including our collaboration with Finalto SA as our Over-the-Counter Derivative Provider (ODP) and risk partner, position us strongly in the market,” Grobler mentioned.

Jared Kirui

  • 1265 Articles
  • 15 Followers

Jared is an experienced financial journalist passionate about all things forex and CFDs.

  • 1265 Articles
  • 15 Followers

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