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Score
Mauritius
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
Influence
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Comparison
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Exposure
Score
Regulatory Index0.00
Business Index7.05
Risk Management Index0.00
Software Index8.80
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
GivTrade Ltd
Company Abbreviation
GivTrade
Platform registered country and region
Mauritius
Company website
X
Company summary
Pyramid scheme complaint
Expose
GivTrade Review Summary | |
Founded | 2021 |
Registered Country/Region | Mauritius |
Regulation | FSC (Offshore regulated) |
Market Instruments | Forex, Precious Metals, Energies, Commodities, Indices, Stocks |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | / |
Spread | From 1.2 pips (Classic Account) |
Trading Platform | MT5, GivTrade App |
Minimum Deposit | $100 |
Customer Support | Online chat |
Email: info@givtrade.com | |
Social Media: X, Instagram, Telegram, LinkedIn, Facebook | |
Address: 3 Emerald Park, Trianon, Quatre Bomes 72257, Republic of Mauritius |
GivTrade is an offshore regulated broker that was refistered in 2021 and is based in Mauritius. It enables you to trade a wide range of financial instruments through CFDs. It has its own mobile app and supports MetaTrader 5. It also has Classic accounts with no commissions and no fees for things other than trading.
Pros | Cons |
Commission-free Classic account | Offshore regulation risks |
Various trading products | Leverage details not mentioned |
Demo accounts available | |
No deposit, withdrawal, or inactivity fees | |
Offers MT5 platform | |
Live chat supported |
GivTrade is offshore regulated by the Financial Services Commission (FSC) in Mauritius. The license type of retail forex license, and the license number is GB22201329. Traders need to be aware that offshore regulation is likely to pose risks.
GivTrade has more than 5,000 trading tools, such as forex, metals, energies, commodities, indices, and stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Precious Metals | ✔ |
Energies | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
GivTrade has two basic live trading accounts: the Classic Account and the VIP Account. You can ask to have one of these accounts changed to an Islamic (Swap-Free) Account. It also has a Demo Account that lets you practice trading.
Account Type | Minimum Deposit | Spread | Commission | Swap-Free Option |
Classic | $100 | From 1.2 pips | No | Yes |
VIP | $2,000 | From 0.0 pips | $3 per side per lot | Yes |
GivTrade's trading rates are in line with what other companies in the sector charge. For example, there are no commissions on the Classic account and tight spreads on the VIP account. One big plus is that there are no fees for things like deposits, withdrawals, or inactivity.
Account Type | EUR/USD Spread | Commission |
Classic | from 1.2 pips | No |
VIP | from 0.0 pips | $3 per side per lot |
Non-trading Fees | Amount |
Deposit Fee | ❌ |
Withdrawal Fee | ❌ |
Inactivity Fee | ❌ |
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader 5 (MT5) | ✔ | Windows, macOS, iOS, Android | Experienced traders |
GivTrade App | ✔ | iOS, Android | / |
MetaTrader 4 (MT4) | ❌ | / | Beginners |
GivTrade doesn't charge anything to make deposits or withdrawals. The least amount you can put down is $100.
Payment Method | Fees | Processing Time |
Wire Transfer | $0 | Varies by bank |
Credit/Debit Card | $0 | Instant to 1 business day |
Other methods (region-specific) | $0 | Varies |
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