Trive is a relatively new financial services company that offers stocks and exchange-traded funds (ETFs). Moreover, it provides leveraged counterparty trading with instruments of forex, indices, commodities, and equities. It is onboarding European clients under its license from the Malta Financial Services Authority (MFSA).
To speed up its business expansion, the Amsterdam-headquartered company, which has offices in Frankfurt and Madrid, bought GK Group’s London-based B2B arm GKPro and its retail business in Europe, which was running under the brand GKFX. Trive has migrated GKFX clients to its retail platform and GKPro clients under the brand TrivePro. Trive also acquired FairMarkets in Australia from GK Group and another FINRA-licensed broker-dealer in the US which GK Group acquired last year.
The GK Group still has an extensive presence in the global trading industry and controls several brands like GKFX Cambodia and Indonesia’s GKInvest. Furthermore, it obtained a new Mauritius license last year.
