Overview of Marketiva
Marketiva, established in 2015 in China, is an unregulated online trading platform offering a user-friendly interface and tools for trading commodities like gold, silver, platinum, and palladium, as well as currencies and other financial assets.
It features a robust charting system essential for analyzing market trends and a real-time news system to keep traders informed.
The platform also includes a discussion page for traders to share insights and a multi-level online support accessible via chat.
New traders benefit from a practice account with 10,000 virtual dollars. Overall, Marketiva provides a holistic suite of services for conducting effective online trading transactions.
Is Marketiva Legit or a Scam？
Marketiva is currently unregulated, meaning it does not hold a license from any official financial regulatory body.
This status can affect the level of oversight and protection that traders experience when using the platform.
Pros and Cons
Pros:
1.Various Trading Tools: Marketiva offers a wide range of trading tools and features including customized charting, real-time market news, and a practice account with virtual dollars, making it attractive for both beginners and experienced traders.
Cons:
1. Unregulated: The lack of regulation poses significant risks to users, as there is no oversight by any financial authority to ensure fairness and security.
2. Limited Customer Support: While Marketiva offers online support, the effectiveness and responsiveness of this service are unclear, which could be a disadvantage for users needing immediate assistance.
3. Market Restrictions: Being based in China and unregulated may restrict Marketivas accessibility and functionality in other countries due to differing financial laws and regulations.
4. Potential for Financial Risk: Without regulatory oversight, there are higher chances of unfair practices or financial losses, which could affect traders investments negatively.
Demo Account
Marketiva offers a demo account feature designed to help beginner traders practice and hone their trading skills in a risk-free environment.
Upon registering on the Marketiva website, new users are credited with 10,000 virtual dollars. This virtual currency can be used to trade in various markets including commodities like gold, silver, platinum, and palladium, as well as currencies and other financial assets.
Additionally, the demo account includes an option to set a maximum loss amount, enabling users to automatically exit transactions when this threshold is reached.
Customer Support
Marketiva provides customer support primarily through an integrated online chat feature accessible via its discussion page, attracting traders based on their experience and geographical location.
This allows for direct and potentially rapid assistance, although the effectiveness of the support can vary. Additionally, Marketiva maintains a presence on social media platforms such as YouTube:https://www.youtube.com/c/ageainternational, where users can find informational content and updates on it.
Conclusion
Marketiva stands out as the trading platform that fits well to beginners through its user-friendly interface and a variety of trading tools.
Despite its lack of regulation, which poses certain risks, the platforms provision of a demo account with virtual dollars and real-time trading features offers a practical environment for new traders to learn and develop their trading skills safely.
FAQs
Question:Can I start trading on Marketiva without any real money？
Answer:Yes, Marketiva offers a demo account that provides you with 10,000 virtual dollars when you register.
Question: What kind of customer support can I expect from Marketiva？
Answer:Marketiva has a presence on YouTube, offering educational content and updates to help users stay informed and supported.
Risk Warning
Marketiva is an unregulated entity, lacking formal oversight from financial regulatory authorities. This lack of regulation may expose clients to increased risks, including potential issues with transparency, operational integrity, and the security of client funds.
