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Marketiva - Forex Broker Review


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Company: Marketiva Corporation
On-line since: 2005
Regulation: Under jurisdiction of the FCS – Financial Services Commission
Payment options: Bank wire, Liberty reserve, WebMoney, e-Bullion
Minimum account size: $1
Minimum lot size: 0.001 lots
Leverage: 1:100
Spreads: 2 pips on EUR/USD

Marketiva Corporation is a company based in the British Virgin Islands and is known to be one of the most popular over-the-counter market makers in the world.

The team at Marketiva is made up of financial professionals with decades of combined experience in the market. Marketiva's goal is to provide the best service and highest security possible to the many hundreds of clients.

How will this broker benefit your trading?

Once you become a customer of Marketiva you will be exposed to the following:

* Advanced Charting System
* Daily Research Reports
* Market Event Alerts
* Expert discussion Channels
* Virtual trading desk (great option to experiment on strategies)
* User-friendly Interface
* No limit on Trade size
* No overnight Interest
* Allows trading of metals and indexes
* Minimum account size opening only $1
* Wide range of deposit options

Above are some of the advantages you will be exposed to once you have an account opened with Marketiva.

I’ll have to admit Marketiva does have some very interesting features that would attract a lot of new traders and experienced ones as well. However before making any hasty conclusions let’s look into some of the disadvantages of this broker.

The main issues faced with this broker are as follows:

* No MT4 Support
* Many customers faced withdrawal problems (not a good sign)
* Limitations on the amount of open, close and active positions you have (please make sure you enquire thoroughly about those limitations)
* US citizens cannot open an account with Marketiva
* No overnight Interest
* Contact details non-existent

If you have decided to open an account with this broker please make sure you clear out all possible questions you may have and that you are satisfied with the answers given.

Due to the lack of contact details and the fact that many customers did encounter problems withdrawing their money I will give this broker a 2 star rating.

Happy Trading,
Ash Naeck

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