Trive South Africa, authorized by the South African Financial Sector Conduct Authority (FSCA), has officially joined the African financial market and started onboarding CFD trading clients.
The company's local business will be led by CEO Marius Grobler, Trive's former Chief Operating Officer for the MENA region.
“The new leader in derivatives trading has arrived in Africa,” he posted on LinkedIn.
“Big things are happening at Trive South Africa and Trive Financial Services Africa! We've been incredibly busy and can’t wait to share some important updates with you all soon. Stay tuned—big announcements are just around the corner!”
In addition to the retail trading services, Trive South Africa is developing its own proprietary trading platform and also plans to launch Trive Social, a copy trading feature.
Currently, the broker's clients have access to MetaTrader 4 and MetaTrader 5 for trading activities.