Score

6.05 /10
Average

Giv Trade

Saint Vincent and the Grenadines

2-5 years

Regulated in Mauritius

Retail Forex License

MT5 Full License

Regional Brokers

Medium potential risk

Offshore Regulated

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Score

Regulatory Index4.62

Business Index6.86

Risk Management Index8.90

Software Index8.80

License Index4.62

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Giv Trade SVG

Company Abbreviation

Giv Trade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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WikiFX Risk Alerts
Previous Detection : 2024-12-24
  • The Mauritius FSC regulation with license number: GB22201329 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Giv Trade · Company summary
GivTrade Review Summary
Founded2006
Registered Country/RegionMauritius
RegulationFSC offshore regulated
Market InstrumentsForex, Precious Metals, Energies, Indices, Commodities, and Stocks
Islamic AccountAvailable
LeverageNot mentioned
SpreadStarting from 0.0 pips
Trading PlatformMetaTrader 5
Min Deposit$100
Customer SupportClient Service:cs@givtrade.comRegistered Address:3 Emerald Park, Trianon, Quatre Bomes 72257, Republic of Mauritius.

GivTrade Information

GivTrade was founded in 2006 and is registered in Mauritius, operating under FSC offshore regulation. The platform offers a wide range of market instruments, including Forex, Precious Metals, Energies, Indices, Commodities, and Stocks.

It provides Classic, VIP, and Swap-free accounts and supports trading on the MetaTrader 5 platform. The minimum deposit required to open an account is $100, with spreads starting from 0.0 pips.

GivTrade Information

Pros and Cons

ProsCons
Regulated by FSCHigh minimum deposit for VIP ($2000)
Wide range of account types (Classic, and VIP)Overnight charges may apply on some instruments
Swap-free accounts availableAccount conversion takes 1 business day
Low spreads (from 0.0 pips)
All strategies allowed (including hedging)
Fast execution (0.25 seconds)
MT5 available

Is GivTrade Legit?

GivTrade is offshore regulated by FSC(The Financial Services Commission) with the license number of GB22201329.

Is GivTrade Legit?

What Can I Trade on GivTrade?

GivTrade offers a wide range of trading products, including Forex, Precious Metals, Energies, Indices, Commodities, and Stocks, with competitive spreads and favorable trading conditions.

Product TypeAvailable Assets
ForexVarious currency pairs
Precious MetalsGold, Silver, Platinum
EnergiesUK Brent Oil, US Crude Oil, Natural Gas
Indices13,000 stocks and ETFs across core and emerging markets
CommoditiesCocoa, Coffee
StocksUS, UK, and EU CFD shares, over 1,000 available
What Can I Trade on GivTrade?

Account Type

There are three account types available.

The Classic Account offers spreads starting from 1.2 pips, is commission-free, and allows all strategies, including hedging, with no requotes.

The VIP Account provides spreads from 0.0 pips, charging $3 per side per 1 lot, and supports all strategies, including hedging, with market execution and no requotes.

The Islamic (Swap-Free) Account is available for both Classic and VIP account types. Any account can be converted to a swap-free version, maintaining the same trading conditions as the regular account types, but without swaps. The conversion request will be processed within 1 business day after agreeing to the additional terms and conditions.

Account TypeClassic AccountVIP Account
Minimum Deposit$100$2000
Spreads From1.2 pips0.0 pips
CommissionFree$3 per side per 1 lot
Swap-Free OptionAvailableAvailable
Execution TypeMarket ExecutionMarket Execution
RequotesNoNo
Average Execution Speed0.25 seconds0.25 seconds
Margin Call100%100%
Stop-Out30%30%
Minimum Lot Size0.010.01
Strategies AllowedAll strategies allowedAll strategies allowed
Hedging AllowedYesYes
Islamic AccountAvailable for conversionAvailable for conversion
Account Type

GivTrade Fees

The Classic Account offers spreads starting from 1.2 pips, is commission-free. The VIP Account provides spreads from 0.0 pips, charging $3 per side per 1 lot.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 4PC and MobileInvestors of all experience levels
MetaTrader 5PC and MobileInvestors of all experience levels
Trading Platform

Deposit & Withdrawal

GivTrade claims to offer safe and secure transactions with multiple funding methods, including Apple Pay, Mastercard, AMEX, NAPS, GPay, and VISA. Deposits and withdrawals are fast, with no fees applied to either process.

Deposit & Withdrawal

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User comment

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Comments

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Antoine G
more than one year
I love that this broker offers so many forex pairs to trade. It gives me tons of flexibility to find the opportunities that fit my strategy. Definitely not a one-size-fits-all platform here.
I love that this broker offers so many forex pairs to trade. It gives me tons of flexibility to find the opportunities that fit my strategy. Definitely not a one-size-fits-all platform here.
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2024-07-10 17:41
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XIhh45142
more than one year
Nice App you make profits but also has losses. I have profited and loosed so much money. But in features this app is good from all other apps.
Nice App you make profits but also has losses. I have profited and loosed so much money. But in features this app is good from all other apps.
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2024-06-27 12:05
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