Trive Africa Launches CFD Trading Services For MENA Clients
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Trive Africa has announced the launch of contracts for difference (CFD) trading services for clients in the Middle East and North Africa (MENA) region. This new offering is made possible through Trive International, a regulated entity in the British Virgin Islands.
The company said this step is an important achievement in its plan to grow in Africa and the Middle East. The launch comes after Trive South Africa recently welcomed new CFD traders, showing how the company is expanding in the region.
Trive Africa Aims to Enhance Trading Experience in the MENA Region
Trive Africa also launched new rewards for clients in the MENA region with its CFD trading service. These rewards include a deposit bonus of up to $100,000 and the ability to use leverage as high as 1:2000.
The company is also adding popular payment options like Skrill and Neteller to make it easier for users to complete transactions.
Marius Grobler, the Chief Executive Officer of Trive Africa and the Middle East, said the company is excited to bring its CFD trading services to the MENA region. He noted that this expansion matches the company’s goal to improve its product offerings and strengthens its aim to be the best derivatives broker in Africa.
Grobler pointed out that Trive Africa wants to give clients great trading experiences and chances to grow. Along with the CFD trading services, the company is investing in its setup, including plans for a copy trading platform.
This new platform will let clients follow and copy the strategies of experienced traders, giving them more ways to join the market. The company hopes to launch this feature soon.
Trive Africa Wants to Establish a Strong Presence in the MENA Trading Market
Trive Africa has shared that it is making its secure client area better. This improvement lets users trade through MT4/MT5 platforms or directly in the system, making it easier for clients in the MENA region.
As part of its big 10-year plan, the firm is looking for mergers and partnerships in different African regions. These efforts are meant to make the company stronger and improve its product choices. The company is also creating its trading platform and has teamed up with other players in the region.
Trive South Africa recently started bringing in new clients for derivatives trading, which marks its entry into Africa’s financial markets. The company is overseen by the Financial Sector Conduct Authority (FSCA) and is led by Marius Grobler, who used to be Trive’s Chief Operating Officer for the MENA region.
Grobler pointed out that the company’s recent partnerships, including the one with Finalto SA as their Over-the-Counter Derivative Provider and risk partner, help them to be strong in the market. With these smart moves, Trive Africa wants to build a strong presence in MENA trading while improving its services across the continent.