Search

For more information about GivTrade Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Risk Control

Risk Manage

License

FSC Offshore Regulated

GivTrade Company

  

Giv Trade Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Giv Trade Company was founded in 2021, emerging as a new player in the online trading industry. The company quickly positioned itself as a provider of forex brokerage services and various trading strategies aimed at both novice and experienced traders.

  

Parent Company/Ownership Structure

  Giv Trade is owned by Giv Trade Ltd., which is registered in Mauritius. The company operates under the regulatory framework of the Financial Services Commission (FSC) of Mauritius, holding a retail forex license.

  

Headquarters Location

  The headquarters of Giv Trade is located at C/O Credentia International Management Ltd, The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cyber City, 72201, Ebene, Republic of Mauritius.

  

Global Business Scope

  Giv Trade caters to a diverse clientele globally, although it specifically restricts services to certain countries due to regulatory considerations. The company offers a range of trading instruments and platforms that appeal to traders across various markets.

  

Main Regulatory Bodies

  Giv Trade is primarily regulated by the Financial Services Commission (FSC) of Mauritius. However, it has faced scrutiny regarding its regulatory claims, as some reviews have labeled it as unregulated, raising questions about its compliance and oversight.

  Back to top

  

2. Company History and Development

  

Key Milestones

  Since its inception, Giv Trade has achieved several key milestones, including the launch of its trading platform and the establishment of its regulatory framework in Mauritius. The company has also made strides in building a user-friendly interface for its clients.

  

Business Expansion Journey

  Giv Trade has expanded its offerings by introducing various account types, including Classic and VIP accounts, to attract different categories of traders. The company has also developed its proprietary trading app, enhancing accessibility for mobile traders.

  

Customer Base Growth

  The customer base of Giv Trade has reportedly grown since its launch, with a focus on attracting retail and professional traders. The company aims to provide a robust trading environment that appeals to a wide audience.

  

Platform Development History

  Giv Trade utilizes the MetaTrader 5 (MT5) platform along with its proprietary trading application, which supports various trading features, including automated trading and advanced charting tools. This development has been crucial in meeting the evolving needs of traders.

  

Important Awards or Recognitions Received

  As of now, there are no publicly available records of significant awards or recognitions received by Giv Trade. However, the company continues to strive for excellence in customer service and trading technology.

  Back to top

  

3. Trading Services Offered

  

Forex Trading Options

  Giv Trade offers a wide range of forex trading options, including major, minor, and exotic currency pairs. The platform provides traders with access to numerous currency pairs, allowing for diverse trading strategies.

  

Stock Trading Options

  The company provides trading options for various stocks through Contracts for Difference (CFDs). This allows traders to speculate on price movements without owning the underlying assets directly.

  

CFD Trading Products

  Giv Trade offers a variety of CFD trading products, including indices, commodities, precious metals, and energies. This extensive range allows traders to diversify their portfolios and manage risk effectively.

  

Other Financial Instruments

  While Giv Trade does not currently offer cryptocurrency trading, it does provide access to several other financial instruments, including commodities and indices. The focus remains on traditional markets, catering to a broader audience.

  

Special Services or Unique Advantages

  Giv Trade distinguishes itself with a commission-free trading model on certain accounts, competitive spreads, and a user-friendly trading platform. The availability of a mobile trading app also enhances the trading experience for users who prefer trading on the go.

  Back to top

  

  

Detailed Regulatory Information

  Giv Trade is regulated by the Financial Services Commission (FSC) of Mauritius, holding a retail forex license (License No. GB22201329). However, there have been claims and reviews suggesting that the company may not be fully compliant with regulatory standards, raising concerns among potential investors.

  

  Giv Trade operates primarily under Giv Trade Ltd. in Mauritius. The company has also been linked to Diligent Financial Services (DFS), which is regulated by the Lebanese Capital Market Authority (CMA).

  

Client Fund Protection Measures

  While Giv Trade claims to implement measures to protect client funds, such as segregating client accounts, the lack of robust regulatory oversight has led to skepticism regarding the actual safety of investors' funds.

  

Countries/Regions Served

  Giv Trade serves clients globally, but it has specific restrictions in place for residents of certain countries, including the United States, Afghanistan, and several others, due to regulatory constraints.

  

Compliance History

  Giv Trade's compliance history has been questioned by various reviews, with some labeling it as unregulated. This aspect is crucial for potential investors to consider, as it directly impacts the safety of their investments.

  Back to top

  

5. Competitive Landscape

  

3-5 Main Competitors

  Giv Trade faces competition from several established online trading platforms, including:

  • FXTF Holdings
  • Block Office
  • Juan Tax

      These competitors offer similar services and target a comparable audience of retail and professional traders.

  

Positioning in the Industry

  Giv Trade positions itself as a user-friendly trading platform, focusing on providing a diverse range of trading instruments and competitive trading conditions. However, its regulatory challenges may hinder its ability to compete effectively with more established brokers.

  

Market Differentiation Factors

  Giv Trade differentiates itself through its commission-free trading options, diverse account types, and the integration of advanced trading platforms like MT5. The emphasis on customer service and accessibility through mobile trading also sets it apart in a competitive market.

  Back to top

  

Conclusion

  Giv Trade Company presents a mixed profile in the online trading landscape. While it offers a range of trading services and has made strides in platform development, regulatory concerns and compliance history raise red flags for potential investors. As the company continues to evolve, it will need to address these challenges to establish a stronger foothold in the competitive trading industry.

  For more information on Giv Trade, including detailed trading conditions and account types, learn more here.