Giv Trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-13 16:14

Abstract：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 Review Summary
Founded	2006
Registered Country/Region	Mauritius
Regulation	FSC offshore regulated
Market Instruments	Forex, Precious Metals, Energies, Indices, Commodities, and Stocks
Islamic Account	Available
Leverage	Not mentioned
Spread	Starting from 0.0 pips
Trading Platform	MetaTrader 5
Min Deposit	$100
Customer Support	Client 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.

Pros and Cons

Pros	Cons
Regulated by FSC	High minimum deposit for VIP ($2000)
Wide range of account types (Classic, and VIP)	Overnight charges may apply on some instruments
Swap-free accounts available	Account 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.

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 Type	Available Assets
Forex	Various currency pairs
Precious Metals	Gold, Silver, Platinum
Energies	UK Brent Oil, US Crude Oil, Natural Gas
Indices	13,000 stocks and ETFs across core and emerging markets
Commodities	Cocoa, Coffee
Stocks	US, UK, and EU CFD shares, over 1,000 available

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 Type	Classic Account	VIP Account
Minimum Deposit	$100	$2000
Spreads From	1.2 pips	0.0 pips
Commission	Free	$3 per side per 1 lot
Swap-Free Option	Available	Available
Execution Type	Market Execution	Market Execution
Requotes	No	No
Average Execution Speed	0.25 seconds	0.25 seconds
Margin Call	100%	100%
Stop-Out	30%	30%
Minimum Lot Size	0.01	0.01
Strategies Allowed	All strategies allowed	All strategies allowed
Hedging Allowed	Yes	Yes
Islamic Account	Available for conversion	Available for conversion

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 Platform	Supported	Available Devices	Suitable for
MetaTrader 4	❌	PC and Mobile	Investors of all experience levels
MetaTrader 5	✅	PC and Mobile	Investors of all experience levels

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.