Wikilix
Contract reading

What Trive legally published, but does not want you to read

Every clause below is published by Trive itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Trive International Ltd

sole discretionforum waiverhidden feeprofit voidingwithdrawalsdeemed acceptancedormancyjurisdictionkyc freezeunilateral amendment

Not one of Trive's 24 legal documents will open. Every link points to an address that has stopped working, so the contract, the risk disclosure and the complaints policy are all unreachable from Trive's own site. We read them from archived copies instead. What they contain: Trive can void your profits on suspicion alone, going back to any point in your relationship, and its own decision is final with no outside appeal. You get three days to raise a query. One document says your maximum risk is your account equity; another makes you legally liable for a negative balance.

Back to Trive

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
9
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
21
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
6
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
4

How the 21 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical9
Warning12
Notice0

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

3 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical24In the contract. Jump to the clause this comes from.None of Trive's legal documents will openCritical7 working daysWithdrawal limit. Jump to the clause this comes from.Instant withdrawal promised, up to seven working days writtenCritical3 daysTime to complain. Jump to the clause this comes from.Three days to raise any query at all$10Fee on an unused account. Jump to the clause this comes from.A 10 euro monthly fee the cost document never names

What the documents say

21 clauses worth knowing about, worst first, each quoted from Trive's own files

01

Trive lists 24 legal documents across its two legal documents pages. Every link points to the same address, and that address has stopped working. You cannot open the contract, the risk disclosure or the complaints policy from Trive's own website.

Why this matters

You are asked to agree to terms you have no way of reading. If a dispute comes later, Trive holds the only working copy of the document that settles it.

Exhibit 1CriticalRarely seen24

In the first instance, you should try to resolve any dissatisfaction or grievance with your normal Trive contact or email support_int@trive.com.
Clause 40.c in Terms of Business, p.26
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA and CySEC must give a retail client the terms of business in a durable medium, and must make the key information document available before the client invests. Trive publishes both, at an address that does not work.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingBrokers commonly bury terms in long PDFs. Publishing a full document shelf where every single file is unreachable is different in kind, because the burial is total. The documents still exist in archived copies, so the clauses remain in force while being impossible to consult.

02

You can end up owing Trive money after a bad price gap. The Terms of Business make you legally liable for a negative balance. The Terms and Conditions say your maximum risk is limited to your account equity. Both documents bind you.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

After 7 days of an unpaid negative balance, Trive can chase the debt and add interest. No document tells you which of its two rules applies to your account.

Exhibit 2CriticalRarely seen7 days

Thus you would lose more money than you were prepared to lose. In exceptional circumstances this might result in you having a negative balance on your account for which you are legally liable.
Clause 21.a in Terms of Business, p.17
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA and CySEC must give retail clients negative balance protection on CFDs, so a retail client cannot lose more than the money in the account. Trive International's Terms of Business make you legally liable for a negative balance.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingMany brokers either grant negative balance protection or decline it. Publishing both answers in two documents that bind the same client is unusual, and it leaves the single most important question for a leveraged account unanswered.

  • Worse together with Exhibit 21Personal liability for a negative balance with no compensation scheme behind the account means a single gap can leave you owing money and with nothing to claim against.
03

Trive can cancel your profits on suspicion alone. Its Terms and Conditions treat trading it considers abusive as invalid. It can then take back profits from any point in the client relationship. You get your deposit back, less charges.

Why this matters

Every profit you have ever withdrawn stays reversible. The test is Trive's own suspicion, and the clause reaches clients who aim solely for financial gain without genuine market risk.

Exhibit 3CriticalRarely seen

Retrieve from the involved accounts any historic trading profits documented as having been gained through such abuse of liquidity at any point in the client relationship.
Clause 6.1(c) in Terms and Conditions, p.6
Downloaded from the broker's site on Open the reference

Our readingTwo things make this unusual. The lookback has no time limit, so profits from the start of the relationship remain recoverable. And the definition of abusive trading covers clients who aim only for financial gain without genuine market risk, which describes ordinary speculation rather than a specific abuse.

  • Worse together with Exhibit 8Trive both decides that your profits were abusive and hears the only appeal against that decision.
  • Worse together with Exhibit 11Sharing a home connection makes accounts related, and related accounts bring the profit clawback within reach of everyone on that connection.
04

Trive's international homepage promises instant withdrawal. Its Withdrawal Policy gives the company 2 to 7 working days to process a wire request, then 2 to 3 more days for the transfer. Trive can also hold a payment back.

Why this matters

Nothing in the policy promises you anything instant. Clause 12.g lets Trive withhold a payment whenever it feels the money may be needed for its own short term payments.

Exhibit 4CriticalHarder than usual7 working days

The wire transfer withdrawal request is carried out by the Company within 2 to 7 working days.
Quoted in Refund and Withdrawal Policy, p.2
Downloaded from the broker's site on Open the reference

What it costsA wire request can take 7 working days to leave Trive, then 2 to 3 working days to reach your bank. That is up to 10 working days from request to money.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must pay a client's money back promptly on request and cannot hold it for their own funding needs. Clause 12.g lets Trive withhold a payment if it feels the funds may be required to meet future short term payments.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

05

You get 3 days to raise any query with Trive. Clause 40.b lets the company refuse to look at anything you bring up after that. The clock starts when you discover the problem.

Why this matters

A wrong charge you spot on a monthly statement is already too late. Trive keeps the right not to entertain it, and no outside body will hear it instead.

Exhibit 5CriticalRarely seen3 days

You should raise any query that you have as soon as possible or in any event within 3 days of its discovery. We reserve the right not to entertain any queries brought to our atention after that time.
Clause 40.b in Terms of Business, p.26
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must accept a retail complaint and handle it, and clients normally have years rather than days to bring one. Clause 40.b reserves the right not to entertain a query raised more than three days after discovery.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingA short objection window on a single trade confirmation is common. Applying a three day limit to any query of any kind, with a stated right to refuse everything later, is far wider than the usual clause and covers fees and account handling as well as trades.

  • Worse together with Exhibit 8Miss the three days and the only forum that could have heard you was Trive's own, which answers to nobody above it.
06

Trive can add fees whenever it likes and does not have to tell you first. Section 11 of the Terms of Business reserves maintenance fees, dormancy fees and any other charges/commissions/fees. No document states a single amount.

In plain words

Remuneration means payments it receives.

Dormancy means an account left unused.

Why this matters

A fee can appear on your account with no warning and no published rate. Clause 11.f frees Trive from ever telling you what it made out of your trades.

Exhibit 6CriticalHarder than usual

Trive may charge the Client for carrying out operations including but not limited to maintenance fee, dormancy/inactivity fee, and any other charges/commissions/fees.
Clause 11.c in Terms of Business, p.9
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA and CySEC must disclose all costs and charges to a retail client before that client trades, and must give an itemised breakdown on request. Clause 11.f says Trive is under no obligation to reveal any profit or other payment it made from a trade under any circumstances.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 12The open ended power to charge and the dormancy rule meet on an inactive account, where an unnamed fee can run against a balance you are not watching.

You have three days to complain and nobody above Trive to complain to

Clause 40.b of Trive International's Terms of Business gives you 3 days from discovery to raise any query, and reserves the right not to entertain anything later. Trive's Complaints Policy names no ombudsman or arbiter, so its own decision is the last word, and its Terms and Conditions state that no further correspondence will be entertained. Clause 5.e caps Trive's liability for any financial loss at the initial margin for the trade concerned.

Challenge windows3 clauses flagged

If a Trive error costs you money, clause 5.e limits what you can recover to the initial margin for that trade. The loss itself can be far larger. The cap applies however the error arose.

Why this matters

A mispriced or mishandled trade can cost you many times the margin you put up for it. You carry that gap, not Trive.

Exhibit 7CriticalRarely seen

The maximum amount of liability that Trive shall be held liable for in respect for any financial loss suffered by you will be equivalent to the initial margin requirement for that trade.
Clause 5.e in Terms of Business, p.7
Downloaded from the broker's site on Open the reference

Our readingLiability caps are normal. Tying the cap to the initial margin of the affected trade is not, because margin is a small fraction of the position. The cap therefore shrinks in proportion to the leverage used, so the more leveraged the trade, the less Trive can owe you.

Trive decides your complaint and nobody reviews it. Its Complaints Policy lists only Trive's own phone, email and address, with no ombudsman or arbiter anywhere. The Terms and Conditions call Trive's decision final and binding.

Why this matters

If Trive keeps your profits and you disagree, there is nobody above it to ask. Clients of Trive's Malta arm can go to the Financial Arbiter. You cannot.

Exhibit 8CriticalHarder than usual

Any disputes arising from such activities will be resolved at our sole discretion in the fairest manner possible, and our decision will be final and binding. No further correspondence will be entertained.
Clause 6.1 in Terms and Conditions, p.6
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), FSCA (South Africa)

Firms licensed by the FCA, CySEC and the FSCA must give retail clients access to an independent ombudsman or arbiter once the firm's own process is exhausted. Trive International's Complaints Policy names no external body, and its Terms and Conditions state that no further correspondence will be entertained.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

You get 2 business days to object to a Malta contract note. After that, clause 13.2 makes it binding on you. Statements become final, conclusive and binding once 30 days pass.

Why this matters

An error you notice late is an error you keep. Under both clauses your silence counts as agreement.

Exhibit 20WarningHarder than usual2 working days

All contract notes sent to the Client in relation to the Service shall bind the Client unless a detailed objection is received by the Company within two (2) business days of dispatch.
Clause 13.2 in Terms of Business - Stocks
Downloaded from the broker's site on Open the reference

Trive can close your account for any reason and cancel the profits

Section 39 of Trive International's Terms of Business lets Trive close an account at absolute discretion, at any time, for any reason, with no obligation to give one. Where Trive calls the closure abusive it can also cancel the relevant trades and profits. Its Terms and Conditions let it block every account you hold on a suspicion that accounts share an IP address, phone number, address or ID.

Account control2 clauses flagged

Trive can shut your account at any time without giving a reason. Section 39 of the Terms of Business says so, while adding that it would normally have a specific one. If Trive calls the closure abusive, it can cancel your profits as well.

Why this matters

Your account can end with no explanation owed to you. Where Trive labels the behaviour abusive, the trades and the profits go with the account.

Exhibit 9CriticalHarder than usual

Trive may at its absolute discretion close an account at any time for any reason. In the interests of treating customers fairly this would normally be for a specific reason, but is not limited to such, and we are not obliged to give a reason.
Clause 39 in Terms of Business, p.27
Downloaded from the broker's site on Open the reference

Trive can block every account you hold if it suspects accounts share an IP address, phone number, address or ID. Suspicion is enough on its own. The bonus rules go further and limit offers to one per household.

Why this matters

A partner or flatmate trading from the same home connection puts both accounts at risk. Trive does not have to show the accounts are actually linked.

Exhibit 11WarningHarder than usual

We reserve the right to close/suspend/block (either temporarily or permanently) all of the client’s accounts, if we suspect that different client accounts are being managed by the same party by using same IP Adress / phone number /address / ID ...etc. or having the same trading activities by placing consecutive same/similar/opposite orders.
Clause 6.2 in Terms and Conditions, p.7
Downloaded from the broker's site on Open the reference

Trive gives two answers on whether you can lose more than you deposit

Trive International's Terms and Conditions say your maximum risk is limited to your account equity. Its Terms of Business say you are legally liable for a negative balance, and that Trive can chase the debt with interest after 7 days. Trive also publishes three different figures for the share of its retail accounts that lose money: 71% at the top of one page, 72% in the footer of the same page, and 73 to 89% in its key information document.

Contradictory disclosure1 clause flagged

Trive's safety of funds page says 71% of retail accounts lose money. The footer of that same page says 72%. Its Key Information Document says between 73 and 89%.

Why this matters

The lowest of the three figures is the one at the top of the page you read first. The highest sits in the document the rules require Trive to give you.

Exhibit 15WarningHarder than usual71%

Between 73-89% of retail investor accounts lose money when trading CFD with this provider.
Quoted in Key Information Document (KID) - Indices CFD, p.2
Read from the broker's site on Open the reference
Set against a regulated standard: ESMA (EU), CySEC (Cyprus)

Firms marketing CFDs under ESMA and CySEC rules must show the proportion of their own retail accounts that lost money in a standardised warning, and must keep that figure current. Trive publishes three different figures for the same firm.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Trive can introduce fees without notice and owes you no explanation

Section 11 of Trive International's Terms of Business reserves maintenance fees, dormancy fees and any other charges, commissions and fees, without naming a single amount. The same section lets Trive amend the agreement to add charges with or without prior notice, and treats your continued use of the service as acceptance. Clause 11.f frees Trive from ever revealing what it earned from your trades. On the Malta side, a currency conversion fee is charged at a rate that appears nowhere.

Cost disclosure1 clause flagged

Trive's funding page tells you it charges no additional fees on deposits or withdrawals. Its Key Information Document charges a currency conversion fee on any money not held in your account currency. No rate appears anywhere.

Why this matters

Fund a euro account in dollars and a fee you cannot work out comes off the top. Trive never publishes the conversion rate it applies.

Exhibit 14WarningHarder than usual

Any cash, realised profit and losses, adjustments, fees and charges that are denominated in a currency other than the base currency of your account, will be converted to the base currency of your account and a currency conversion fee will be charged to your account.
Quoted in Key Information Document (KID) - Indices CFD, p.3
Read from the broker's site on Open the reference
Our own capture of trive.com, taken on Oct 8, 2026The claim, on Bank Transfer Fees panel in the funding and withdrawal methods sectionVisit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must disclose the cost of currency conversion, including any markup, before a retail client incurs it. Trive's document states that a conversion fee will be charged without giving the rate.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Trive can take back profits from any point in your relationship

Trive's Terms and Conditions let it treat trading it suspects of being abusive as invalid, and recover historic profits from any point in the client relationship. The test is Trive's own suspicion, exercised at its sole discretion, and the definition reaches clients who aim only for financial gain without genuine market risk. The scalping clause goes further, letting Trive act against a client it thinks may abuse automated trading in the future.

Profit reversal1 clause flagged

Trive can switch off your automated trading because it thinks you may abuse it in the future. It can cancel scalping profits on belief alone. Full margin index trades placed late on a Friday can also be voided.

Why this matters

A profit can be taken back for something you have not done yet. The Friday rule means a legitimate position can disappear because of news nobody has seen.

Exhibit 10WarningRarely seen

We reserve the right to switch off the Expert Advisor functionality for any client who we, at our sole discretion, feel is abusing that facility, or may abuse it in the future. If Trive believes the activity is abusive, Trive reserves right to cancel all relevant trades and profits and other benefits from these abusive scalping trades.
Clause 42 in Terms of Business, p.29
Downloaded from the broker's site on Open the reference

Our readingTwo mechanisms here are seldom seen in a retail agreement. One acts on predicted future abuse rather than anything that has happened. The other voids trades placed at a particular hour of the week because a news event was pre-announced, which penalises correct timing rather than misconduct.

  • Worse together with Exhibit 3Both clauses let Trive reverse profit on its own belief, so a client who avoids one definition of abuse can still be caught by the other.

Withdrawing anything cancels a Trive bonus of up to 200%

Trive's bonus rules revoke the entire bonus the moment you withdraw any money, and a bonus can reach 200% of your deposit with a lifetime cap of 35,000 US dollars. The bonus itself can never be withdrawn, only profits made using it. Trive can change the bonus terms without your consent, and states that it is not responsible for telling you when the bonus has been removed.

Bonus conditions1 clause flagged

Trive's bonus rules take the entire bonus back as soon as you withdraw anything. A bonus can run to 200% of your deposit, so the amount at stake is large. Trive does not have to tell you when it removes it.

Why this matters

Taking out any of your own money can cost you the bonus and the margin it was supporting. Positions resting on that margin can then be closed out.

Exhibit 19WarningHarder than usual200%

Trive reserves the right to modify or change any of the terms and conditions of this credit bonus promotion without the client’s consent.
Clause 7.1 in Terms and Conditions, p.7
Downloaded from the broker's site on Open the reference

Trive binds you to British Virgin Islands law but keeps every court for itself

Clause 5.a puts your contract with Trive International Ltd under the law of the British Virgin Islands, where the company is registered. Clause 5.b lets Trive bring proceedings against you in any other court in any other jurisdiction it considers appropriate, whatever your address when you opened the account. Trive also reserves the right to assign the benefit and responsibilities of the agreement to someone else.

Where you can sue1 clause flagged

Your contract with Trive International Ltd runs under British Virgin Islands law. If Trive says you have defaulted, clause 5.b lets it sue you in any court in any jurisdiction. Where you lived when you opened the account does not matter.

Why this matters

Bringing a claim means doing it in the British Virgin Islands at your own cost. Trive keeps the choice of coming to you.

Exhibit 17WarningHarder than usual

These Terms of Business apply to all trades or orders of any type carried out with us and are governed by the Laws of British Virgin Islands.
Clause 5.a in Terms of Business, p.6
Downloaded from the broker's site on Open the reference

Trive writes the document list that gets your account working again

Trive International's KYC policy lets the company demand documents at any time, at its sole discretion, with the list and the format set solely by Trive. Those documents are tied to reinstating account functionality, so an account can stay shut until Trive is satisfied. The same section reserves the right to decline an application or stop serving a client without any statement or explanation.

Verification demands1 clause flagged

Trive can demand documents from you at any time, and it alone decides what goes on the list. Its KYC policy ties those documents to getting your account working again. It can also end the relationship with no explanation.

Why this matters

Your account can stay shut until you satisfy a list that Trive can change. Trive owes you no reason if it decides to stop serving you.

Exhibit 18WarningHarder than usual

Trive International Ltd is entitled, upon its sole discretion and grounding upon this policy, at any time during the service provision to its clients demand them present the documents (list of which shall be constituted solely by Trive International Ltd including the form of the documents to be presented) to reinstate account functionality or justify any other action (or operation) performed (or about to be performed) by the client.
Clause 5 in Know Your Client (KYC) Policy, p.3
Downloaded from the broker's site on Open the reference

Trive takes the other side of every trade you place

Trive International's Terms and Conditions state that Trive acts as the counterparty to every transaction, sets its own prices, and may profit more if the market moves against you. It also reserves the right to combine your orders with its own or those of its affiliates and employees. Trive says all of this plainly, which is more than many brokers do, and it still means your loss can be its gain on the same trade.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Whose side Trive is on1 clause flagged

Trive sets its own prices and takes the other side of your trade. Its Terms and Conditions say plainly that it may profit more if the market moves against you. It can also group your orders with its own.

Why this matters

Your loss can be Trive's gain on the very same trade. Trive states this openly, which is more than most brokers do, and it still shapes every price you are shown.

Exhibit 16WarningStandard wording

We act as the counterparty to every transaction. Trive acts as a market maker, setting its own prices, and serves as the buyer when you sell and the seller when you buy.
Clause 1.1 in Terms and Conditions, p.2
Downloaded from the broker's site on Open the reference

Leave a Trive account alone and the balance loses its protection

Clause 12.k of Trive International's Terms of Business lets Trive close a dormant account after one year plus a further 12 months without contact, and stop treating the balance as client funds. No minimum balance limits this. On the Malta side, Trive charges 10 euros a month after six months of inactivity, a figure that appears on the website but not in the key information document that is meant to set out costs.

Dormancy2 clauses flagged

Leave your Trive account unused for a year and the company starts trying to reach you. After another 12 months of silence it can close the account. Your balance then stops being treated as client funds.

Why this matters

Money you stopped watching can lose the protection that comes with being client money. Trive sets no minimum balance for this, so any amount is caught.

Exhibit 12WarningHarder than usual

In the event of an account being left dormant or un-utilised for a period of 1 year Trive may start proceedings in atempt to contact the registered owner of the account.
Clause 12.k in Terms of Business, p.11
Downloaded from the broker's site on Open the reference

Our readingDormant account provisions are common. Stating that the money will no longer be considered client funds, without saying what it becomes or how you reclaim it, is harsher than the usual wording.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
After 1 year dormantTrive may begin trying to contact the registered account holder.12.k
After a further 12 monthsTrive may close the account and stop treating the balance as client funds.12.k

Trive charges 10 euros a month once a Malta account has been inactive for six months. The Key Information Document mentions the charge but never states the amount. Only the website gives you the figure.

Why this matters

A 120 euro yearly charge can quietly drain a small forgotten balance. The one document meant to set out costs leaves the number out of it.

Exhibit 13WarningStandard wording$10

If there has been no activity on your Account for six (6) consecutive months, Trive may apply account maintenance costs through a deduction from the available balance in your Account.
Quoted in Key Information Document (KID) - Indices CFD, p.3
Read from the broker's site on Open the reference

What it costsA 300 euro balance left inactive loses 10 euros a month. After 12 months, 120 euros is gone, which is 40% of what you left there.

Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA and CySEC must state the amount of each cost in the key information document so a retail client can compare products. Trive's index CFD document names the account maintenance cost without giving a figure.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Trive publishes 24 legal documents and not one of them opens

All 24 documents listed on Trive's two legal documents pages point to a single address that has stopped working. The contract, the risk disclosure and the complaints policy are all unreachable from Trive's own website, so we read archived copies instead. Trive International's 32 page Terms of Business also never mentions segregated client money or a compensation scheme, while Trive's Malta arm documents both.

Document access1 clause flagged

Trive International's 32 page Terms of Business never mentions segregated client money or a compensation scheme. Trive's Malta arm documents both in detail. The international site instead lists licences held by other Trive companies.

Why this matters

If Trive International fails, no document tells you your money was held apart or that any scheme would pay you. Malta clients have 20,000 euros of cover. You have none stated.

Exhibit 21WarningHarder than usual

These Terms of Business apply to all trades or orders of any type carried out with us and are governed by the Laws of British Virgin Islands.
Clause 5.a in Terms of Business, p.6
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA, CySEC and other European regulators must hold retail client money in segregated accounts and belong to an investor compensation scheme, and must say so in their client documents. Trive International's Terms of Business are silent on both.

Trive is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

One Trive document caps your risk at the money in your account, and another makes you personally liable for a negative balance.

Said in public, in English

Your maximum risk is limited to your account equity.

Trive International Ltd Terms and Conditions, clause 3.1 Margin Call Policy

In the contract · clause 21.a

Thus you would lose more money than you were prepared to lose. In exceptional circumstances this might result in you having a negative balance on your account for which you are legally liable.

02

The homepage promises instant withdrawals while the Withdrawal Policy allows up to seven working days before the money even leaves Trive.

Said in public, in English

Instant withdrawal & deposit

Trive International homepage payments panel, above the subtitle 'Discover our premier payment solutions.'

In the contract

The wire transfer withdrawal request is carried out by the Company within 2 to 7 working days.

03

The marketing page shows a 71% loss rate while Trive's own key information document puts it between 73 and 89%.

Said in public, in English

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with Trive Financial Services Europe Ltd.

Standardised risk warning at the top of the Safety of Funds page

In the contract

Between 73-89% of retail investor accounts lose money when trading CFD with this provider.

04

Trive promises no additional fees on deposits or withdrawals while its own cost document charges a currency conversion fee at an unpublished rate.

Said in public, in English

We want you to be successful with your trading. Therefore, we do not charge any additional fees on deposits or withdrawals. Please note that you may incur transfer fees charged by your bank.

Bank Transfer Fees panel in the funding and withdrawal methods section

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of trive.com

In the contract

Any cash, realised profit and losses, adjustments, fees and charges that are denominated in a currency other than the base currency of your account, will be converted to the base currency of your account and a currency conversion fee will be charged to your account.

The documents this reading is based on

6 files, all published by Trive. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording Trive publishes.

How this reading was done

Every clause above was read out of a document Trive publishes itself

This reading was published on .

Documents
1 of 6downloaded from the broker's site of the 15 we found, and one read in full
Pages opened
24pages walked to find those documents, footer links included
Older copies
3earlier versions downloaded
Marketing pages
6public pages set against what the contract says

Who the contract is with

Trive International Ltd

A client on trive.com/int contracts with Trive International Ltd, company number 1728826, licensed in the British Virgin Islands by the Financial Services Commission under BVI SIBA/L/14/1066, at Sea Meadow House, Road Town, Tortola. That is the entity named in the Terms of Business, the Withdrawal Policy and the Complaints Policy. It is not the Malta company. trive.com without the /int/ path is operated by Trive Financial Services Europe Limited, registered in Malta as C 60473 and licensed by the MFSA, and that company publishes a separate and different set of documents. The difference matters: the Malta entity documents segregated client money, a 20,000 euro compensation scheme and an independent arbiter, and the British Virgin Islands entity documents none of the three. The international regulations page lists licences held by other Trive companies, including a FINRA licence held by Trive New York LLC and the MFSA licence held by the Malta company. Neither covers a Trive International client.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

Trive states its own conflict of interest more plainly than most brokers manage. Its Terms and Conditions say it acts as the counterparty to every transaction, and that it may profit more if the market moves against you. Few competitors put that in writing. The same document gives a concrete example of a partial fill, where an order for 20 lots fills only 7, instead of hiding behind a general warning. Trive also declines to ban scalping outright. The Malta arm does real work on fund safety: it documents segregation, names a 20,000 euro compensation scheme, provides negative balance protection, and points clients to the Financial Arbiter as an independent appeal. The bonus terms state the lifetime cap as a figure rather than leaving it open.

None of Trive's legal documents could be opened at the address Trive publishes for them, so we read archived copies instead. For Trive International Ltd we read the Terms of Business, the Terms and Conditions, the Refund and Withdrawal Policy, the Complaints Policy, the KYC Policy and the 200% Welcome Bonus terms, all as they stood between June and September 2025. Every quotation credited to those documents comes from those copies, and we cannot confirm the wording is still current. We did not read Trive International's Risk Disclosure, Privacy Policy, Cookie Policy, AML policy or PAMM terms at all. On the Malta side we read the Key Information Document for index CFDs in full. The Malta Stocks Terms of Business copy was partly unreadable, so we quoted only the passages that came through cleanly. We could not read the Malta Complaints Procedure at all. No copy of the Malta CFD Terms of Business exists anywhere we could reach, which means the contract most Malta CFD clients trade under was not read. Three of the four Malta Key Information Documents, the Risk Disclosure, the Order Execution Policy, the Conflict of Interest Policy, the Scalping Policy and the Terms of Use were also not read.

How to check any of this yourself

Every quote above links to the Trive file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document Trive publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge Trive on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Oct 8, 2026.

If you represent Trive and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on Trive. Whether its licence is real and current is a separate check on the broker profile.

What traders say about Trive

Comments on Trive are posted on its profile

Nobody has commented on Trive yet. If you have traded with them, your experience helps the next reader decide.

Write the first comment
Back to the Trive profile