Milliva Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 18:25

Abstract：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.

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 Information

　　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 and Cons

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

Is Milliva Legit?

　　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.

What Can I Trade in Milliva?

　　Milliva offers a wide range of market instruments, including currency instruments, metals, indices, commodities, and more.

Tradable Instruments	Supported
Metals	✔
Currency	✔
Indices	✔

Account Type

　　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

Milliva Fees

　　The spread is from 0.5 pips, the minimum commission is 0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

　　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

Deposit and Withdrawal

　　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.