Forex complaint: Trive Faces Withdrawal Issues

FTIreminds investment enthusiasts that choosing a platform that is lmax exchange official websiteregulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.

Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)

Recently, a forex platform has caught FTI's attention, with investors complaining through the FTI APP about Trive's inability to process withdrawals!

Complaints from Investors:

• Trading Accounts: 12041737, 12042491, 12041740
• All adopted the same trading strategy.
• Account 12041737 was loss-making, and the withdrawal request was approved, indicating that the trading method was deemed reasonable and compliant.
• Account 12042491, which was profitable, was not allowed to withdraw the full amount. Despite acknowledging the trading method's compliance, $11,318 in profits was deducted for unreasonable reasons.
• Account 12041740 faced an even more excessive deduction, with the remaining $6,902 being disallowed for withdrawal. This was unauthorized despite being approved by the company, and the trading method was agreed upon.

Investor Statements:

• "If your risk control department continues to deduct profits like this, it only shows that your company only allows customers to lose money and completely disallows them from profiting. Any profits made will result in disallowed full withdrawals or deductions. This is how you treat B-Book clients, and it reflects poorly on your risk control department's capabilities. By not placing clients in A-Book, you force them to bear losses, which is unreasonable.
• I demand that the deducted funds totaling $18,220 from these two accounts be returned to me!"

Introduction to Trive Company

• Trive Invest, a global brand under the Trive Group, offers globally competitive prices. PTTrive lnvest Futures, which holds the Trive Invest trademark, is an investment service company headquartered in Jakarta.
• TriveInvest (formerly GKInvest) has been regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI) since 2005 and is a registered member of the Jakarta Futures Exchange (JFX) and the Indonesian Commodity and Derivatives Exchange (ICDX).

FTI Risk Warning:

• Trive Forex Platform Monitoring and Warning: 25 Entries. Be aware of early warnings!
• Trive's Rating on FTI APP: 3.04/5. Low credit rating; investors should exercise caution!

Regulatory Status of Trive:

• Claimed Regulatory Status: Australia's ASIC and Malta's MFSA: Under regulation.Turkey's CMB, Turkey's BIST, Indonesia's BAPPEBTI, Indonesia's ICDX, and Indonesia's JFX: Operating beyond authorized limits. Investor fund security is not guaranteed!

Investors should stay vigilant and cautious when considering Trive or any other forex platforms.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!