Trive Africa has launched Contract for Difference
(CFD) trading services for clients in the Middle East and North Africa (MENA)
region. This expansion is facilitated through Trive International, a British
Virgin Islands (BVI)-regulated entity, Finance Magnates learned exclusively.

According to the company, this step marks an important
milestone in the company’s ambition to cover a larger market share across
Africa and the Middle East. It followed the recent onboarding of CFD clients by
Trive South Africa.

Expansion into MENA

Trive Africa has announced new incentives for new
clients in the MENA region, including a deposit bonus of up to $100,000 and
access to competitive leverage of up to 1:2000. Additionally, the company has
integrated widely accepted payment methods such as Skrill and Neteller,
ensuring seamless transactions for its users.

In addition to CFD trading, the company has invested heavily
in its infrastructure, including the imminent launch of Trive Social, a copy
trading platform that will allow clients to follow and replicate the strategies
of experienced traders.

This feature will reportedly go live soon, providing additional options for MENA clients to engage in the market. The company added
that clients will also benefit from improvements in the secure client area,
which allows for execution through MT4/MT5 platforms or directly within the
system.

Pursuing Mergers and Acquisitions

In line with its ambitious 10-year strategic plan,
Trive Africa is actively pursuing mergers and acquisitions across African
regions. These activities aim to strengthen the company’s infrastructure and
further enhance its product offerings. The firm is also developing its own
proprietary trading platform.

Expect ongoing updates as this story evolves.