A genuinely locally-rooted South African broker — the former GT247, registered since 2005 — holding an FSCA licence (FSP 27231) via Trive South Africa (Pty) Ltd.
Important caveat
Trive does not hold its own FSCA ODP licence; it provides ODP-compliant execution through a partnership with Finalto (an FSCA-approved ODP).
FSCA regulation & ODP status
- FSCA FSP: 27231 (entity: Trive South Africa (Pty) Ltd (formerly GT247)) — pending live-register confirm.
- Own ODP licence: No own ODP — see caveat above.
Other authorisations: —.
ZAR support & funding
ZAR support unverified. Funding methods, fees and processing times vary by entity and currency — check the broker's funding page, and read our guide on funding a forex account in ZAR (FICA/KYC).
Platforms
MT4, MT5.
Fees & minimum deposit
Minimum deposits and spreads vary by account type and change often — check the current figures on the broker's site. We do not publish a figure until a hands-on review.
How to verify before you deposit
- Note the exact legal entity name on the broker's site that serves South Africa.
- Search that entity (and FSP number) on the official FSCA register.
- Confirm the authorisation is current and, if you need onshore CFDs, that the entity holds an ODP licence.