Milliva Journal

Journal status: live
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Milliva Profile
Website
Year
2021
Country
UK
Branches
4
Regulation
not regulated
Registration
no
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

Milliva Accounts
STP
ECN
Minimum Deposit
100 $
500 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
2 pips
0 pips
Commission
0 $/lotRT
8 $/lotRT
Volume
100 lots
100 lots
Margin Call
50 %
50 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Bitcoin
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is Milliva safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: no
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Milliva trusted?

  • Information transparency: limited ★★
  • Customer service: virtually non-existent
  • Milliva website: semi-detailed, updated ★★★
  • Milliva popularity (by visitor count): low visits ★★

How Milliva works



Features: Lightning Fast Execution, ECN Tight Spreads, Multi Liquidity, Top Tier Banks.


The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.

The Company at its sole discretion will specify the current market price.

In case Stop Out leads to account balance becoming negative, this does not imply any debt payments from the Client and can’t be deemed as such. The Company will compensate the account balance to zero. In exceptional cases (should the Company deem Client’s actions as fraudulent or intentional) the debt may be claimed by the Company.

Leverage modification by the Client is only allowed once in every 15 days



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