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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
White label MT5
Regional Brokers
High potential risk
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Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index6.37
Risk Management Index0.00
Software Index6.56
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Milliva Ltd
Company Abbreviation
Milliva
Platform registered country and region
United Kingdom
Company website
X
YouTube
+971502284750
Company summary
Pyramid scheme complaint
Expose
MillivaReview Summary | |
Founded | 2021-08-02 |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Currency/Metals/Indices/Commodities |
Demo Account | ❌ |
Leverage | Up to 1:400 |
Spread | From 0.5 pips |
Trading Platform | MT5(Android/IOS/MAC/Windows) |
Min Deposit | $100 |
Customer Support | Email: support@milliva.com |
Phone: +91 96299 47607 | |
Phone: 0427-2440458 | |
Live chat |
Milliva is a significant provider of online currency (FX) trading, contract for difference (CFD) trading, and associated services. Its tradable instruments include currency instruments, metals, indices, and more. The broker also provides three accounts with a maximum leverage of 1:400. The minimum spread is 0.5 pips, and the minimum deposit is $100. Milliva is still risky due to its unregulated status and bad reviews about difficulty withdrawing money.
Pros | Cons |
Leverage up to 1:400 | Unregulated |
24/7 customer support | Unspecific transfer time and fee information |
MT5 available | Negative comments about difficulty in withdrawal |
Spread from 0.5 pips | |
Various tradable instruments |
Milliva is not regulated, even though it claims to be regulated by Comoros. However, an unregulated broker is not as safe as a regulated one.
Milliva offers a wide range of market instruments, including currency instruments, metals, indices, commodities, and more.
Tradable Instruments | Supported |
Metals | ✔ |
Currency | ✔ |
Indices | ✔ |
Milliva has three real account types: standard, premium, and elite. Traders who want low spreads and leverage can choose a premium account, while those with a small budget can open a standard account.
Account Type | Standard | Premium | Elite |
Minimum Deposit | $100 | $1000 | $500 |
Spread | From 1.3 pips | From 0.5 pips | From 1.1 pips |
Leverage | 1:400 | 1:200 | 1:300 |
Commission | 0 | $5/lot | 0 |
Swap | Yes | Yes | Yes |
The spread is from 0.5 pips, the minimum commission is 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
Milliva cooperates with the authoritative MT5 trading platform available in Android, IOS, MAC, and Windows to trade. Traders with rich experience are more suitable for using MT5. MT5 provides various trading strategies and implements EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Android/IOS/MAC/Windows | Experienced traders |
The minimum deposit is $100. Milliva accepts Crypto Wallets, Via Wallet, Bank Cards, UPI Wallet, and Local Transfer for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
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