Marketiva has 7 reviews
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| Glitchy interface will leave you flat very often. Whenever you try indexes or metals you fall into a spread trap.
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| Good broker. Their platform is reliable. Nice online chat on trading platform. Cool for care full, long-term trader, leverage 1:100 is good enough for me. Fast withdrawal.
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| Really worst broker. Executing of trade takes up to 10minutes !!!! They have hidden charges and its very hard to grow your money with them. In many cases if you wanna witdrawl they disable your account without explain – and their support don’t answer to your email. Go away
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| I am a newbie in forex and I think Marketvia is a good broker. I don’t see any slippage but I don’t trade in news times. Deposit and withdraw were fast executed. I like their support, specially the chat room – I have got same good tips from other trader. One minus, they dont have a trailing stop option in the platform.
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| Good platform, but you cannot close more then 50 positions in 4 hours- very bad for scalping.
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| One of the best broker. Deposit and withdraw in some hours. Nice chat room on the web also in indonasia.
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Marketiva, good or bad?
Proboably everyone heard about Marketiva, the most controversive Forex broker, forum threads about it are like soap opera, but they are not giving any info on this broker, they are just arguments and flame wars, so i decided to put hear my objective review on them.
First of all trading is real business, where big money are made and big money are lost, so when my cash is at risk i would like at least to know who is holding them, Marketiva gives us only their team happy faces (which i couldn actually find by now so they may be gone) and their first names, needless to say i expectet something more from company holding huge amounts of cash.
You can ofcourse try to contact Marketiva team via their website and ther is another surprise, no contact information, no postal address, no telephones, no fax, no nothing only contact form which is used on personal websites and shouldn be used by professional company IF it is registred company, i am not sure about that, but i am sure they are not registred in any broker organization.
Marketiva claims to be fully automated company working on the internet, so this may be the reason why they do not give any contact info but that is a poor explenation in my opinion.
I also checked their domain name there is everything ok, domain registred for a long time so they are proboably here to stay, but domain costs only 10$ a year. Well there isn much more i can say about their domain and hosting everything looks good, there are even some contact information but i didn checked them out.
There also seems to be a problem with Marketiva support, some people where complaining about it, but i never had a problem with support and this is natural that there always will be someone who is complaining, but keep in mind i am not saying thoose who were/are complaining aren right it is just impossible to prove who is right.
Now most important part, their treading platform, i have to admit it looks nice, it has many abs which can be drag and droped anywhere you like, charts look fine, fast access to account center, help, chat, alerts and signals, and unfortunetly this are all pros.
Open positions behave funny, i won tell you what i exactly mean you have to see it by yourself, OpenPositionPrice-CurrentPrice rearly seems to match. Charting software has got a lot of indicators but do not allows to draw on charts (trndlines and Fibonacci).
When we are talking about trading it is important to tell that they allow to trade for as small as 1$, this is the biggest adventage over other brokers.
They accept deposits via e-gold (also bank wirehard and e-bullion but this is off interest to me right now) it is hard to tell if it is good, first of all money transfered via e-gold can be laundred, but many users like to pay by e-gold it is very popular and cheap no commissions. Also Marketiva takes only 8$ commision from withdrawals by e-gold most brokers have at least 20$ (by bank wire and it is actually bank commission but i don care commission is a commission)
My conclusion is if you have more then 500$ to trade forget about Marketiva there are better brokers, but if you want to start trading or learning how to trade and have small amount of cas between 10$ and 100$ Marketiva is best for you. What about those with money between 100$ and 500$? Well you have to decide by yourself do you have enough information about them, do you think your money will be safe with them and remember that there are at least 2 brokers (besides Marketiva) that allow to trade less then 1 mini lot.
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