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For more information about Viva Capital Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Viva Capital offers a user-friendly platform with efficient customer service, ensuring prompt responses to client inquiries.
The broker provides competitive factoring rates and has received positive reviews for its transparency and professionalism in dealings.
Clients have reported significant improvements in cash flow and business growth due to the quick funding solutions provided by Viva Capital.

Cons

Viva Capital lacks valid regulatory oversight, which raises concerns about the safety and security of client funds.
The broker has a relatively short operating history of 2-5 years, which may not provide enough reliability for some investors.
There are warnings from review platforms about high potential risks associated with trading through this broker, suggesting a need for caution.

Viva Capital Company

Viva Capital Forex Broker - Complete Information Guide

1. Overview of the Broker

Viva Capital, established in 2021, is a financial services company headquartered in Drohobych, Lviv region, Ukraine. The firm operates as a private entity, focusing primarily on the foreign exchange (forex) market. It caters to a diverse clientele, including individual retail traders and institutional investors, providing them with various trading services.

Viva Capital has a relatively short but notable history, having been operational for about 2 to 5 years. Despite its recent establishment, the broker has positioned itself within the competitive forex landscape, offering a range of trading options and services. The company operates under the brand Viva Capital Markets, which is part of a broader strategy to expand its market reach and influence.

The broker's business model is primarily centered around retail forex trading, allowing clients to engage in currency trading through various platforms and tools. As part of its growth trajectory, Viva Capital aims to enhance its service offerings and establish a robust presence in the forex market.

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2. Regulatory and Compliance Information

Viva Capital currently operates without any valid regulatory oversight. According to various sources, including WikiFX, the broker has been flagged for having no effective regulatory information, which raises significant concerns regarding its legitimacy and operational practices. This lack of regulation poses a high potential risk for traders considering engaging with the broker.

The company does not list any specific regulatory licenses or numbers, highlighting the absence of oversight from recognized financial authorities. As a result, clients are urged to exercise caution and conduct thorough research before engaging with the broker.

Viva Capital has not disclosed any customer fund segregation policies, which is a critical aspect of ensuring the safety of client deposits. Furthermore, there is no information available regarding participation in investor compensation funds, which typically provide a safety net for clients in the event of broker insolvency.

The broker claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, although the specifics of these policies have not been made public. Traders should be wary of the risks associated with trading with an unregulated broker and consider the implications it may have on their investments.

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3. Trading Products and Services

Viva Capital offers a range of trading products primarily focused on the forex market. The broker provides access to a selection of currency pairs, including major, minor, and exotic pairs, catering to various trading strategies and preferences.

In addition to forex trading, Viva Capital also offers Contract for Difference (CFD) products across different asset classes, including:

  • Indices: Major stock indices from various markets.
  • Commodities: Popular commodities such as gold, silver, and oil.
  • Stocks: Shares from leading companies across different sectors.
  • Cryptocurrencies: A selection of major cryptocurrencies for trading.

The broker is committed to regularly updating its product offerings, although specific details regarding the frequency of updates and the introduction of new products are not readily available. Viva Capital primarily serves retail clients, providing them with tools and resources to facilitate their trading activities. Additionally, the broker may offer services to institutional clients, although information regarding this segment is limited.

Viva Capital does not currently provide any white-label solutions or asset management services, focusing instead on direct trading services for its clients.

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4. Trading Platforms and Technology

Viva Capital supports the widely-used MetaTrader 4 (MT4) trading platform, which is known for its user-friendly interface and robust trading features. The platform allows traders to access various tools for technical analysis, automated trading, and real-time market data.

While there is no mention of a proprietary trading platform, the availability of MT4 provides clients with a reliable option for executing trades. The broker also offers a web-based trading platform, allowing users to trade directly from their browsers without the need for software installation.

For clients who prefer trading on the go, Viva Capital provides mobile applications compatible with both iOS and Android devices. These mobile apps enable traders to manage their accounts, execute trades, and monitor market movements from anywhere.

The broker operates on an ECN (Electronic Communication Network) execution model, which facilitates direct market access and ensures competitive pricing. The infrastructure supporting the trading operations is not explicitly detailed, but it is essential for ensuring a seamless trading experience.

Viva Capital also supports API access, allowing advanced traders to implement automated trading strategies and connect their trading systems directly to the broker's platform.

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5. Account Types and Trading Conditions

Viva Capital offers several account types to cater to different trading needs, including:

  • Standard Account: This account typically requires a minimum deposit, with competitive spreads and commissions. Specific details on minimum deposit amounts and spreads are not disclosed.
  • VIP Account: Designed for high-volume traders, this account may feature lower spreads and enhanced trading conditions.
  • Islamic Account: Available for clients who require Sharia-compliant trading options.
  • Corporate Account: Tailored for business entities engaging in trading activities.

The broker provides a demo account option for new traders to practice their strategies without risking real capital. This feature is essential for building confidence and familiarity with the trading platform.

Leverage offered by Viva Capital varies depending on the asset class, allowing clients to trade with higher exposure while managing their risk. The minimum trade size and overnight fees are not explicitly mentioned in the available information, indicating a need for potential clients to inquire directly for detailed conditions.

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6. Fund Management

Viva Capital supports various deposit methods to facilitate client funding, including:

  • Bank Transfers: Traditional method for larger deposits.
  • Credit Cards: Convenient for immediate funding.
  • E-Wallets: Popular digital payment solutions.

The minimum deposit requirements vary by account type, with specific figures not disclosed in the available resources. The processing time for deposits is typically immediate, although this may depend on the chosen method.

There are no specific details regarding deposit fees, indicating that clients should confirm this information directly with the broker. Withdrawal methods include bank transfers, credit cards, and e-wallets, with processing times varying by method.

Withdrawal fees and limits are not clearly outlined, suggesting that clients should seek clarification from the broker to understand the complete fee structure associated with their accounts.

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7. Customer Support and Educational Resources

Viva Capital provides customer support through various channels, including:

  • Phone Support: Available for immediate assistance.
  • Email Support: Clients can reach out for inquiries and support.
  • Live Chat: Instant messaging for quick queries.

The support team operates during standard business hours, although specific time zones and coverage details are not provided. The broker offers multi-language support, although the exact languages available are not listed.

To enhance client knowledge, Viva Capital offers educational resources, including webinars, tutorials, and eBooks. Market analysis services are also available, providing clients with daily insights, news, and research reports to inform their trading decisions.

Additionally, the broker offers various trading tools, such as calculators and economic calendars, to assist clients in making informed trading choices.

8. Regional Coverage and Restrictions

Viva Capital primarily serves clients in Ukraine and potentially other regions, although specific details on market coverage are limited. The broker has a regional office in Drohobych, enhancing its local presence.

Certain countries may be restricted from accessing Viva Capital's services, although the specific list of countries is not provided in the available resources. Traders are encouraged to verify their eligibility based on their location before opening an account.

Overall, while Viva Capital appears to offer a range of services and trading options, potential clients should be cautious due to the lack of regulatory oversight and transparency regarding various operational aspects.

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