VIVA Forex Company

　　

Viva Forex Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Viva Forex Company was founded in June 2020. It emerged in the competitive landscape of online trading by offering a wide array of financial services tailored to both novice and experienced traders. The company aims to leverage technology to provide efficient trading solutions across various asset classes.

　　

Parent Company/Ownership Structure

　　Viva Forex operates under the umbrella of Viva Capital, which is a brokerage firm based in Turkey. While specific details about the ownership structure are not extensively published, the firm is positioned as an independent entity within the financial services sector.

　　

Headquarters Location

　　The headquarters of Viva Forex is located in Ukraine, specifically in the Lviv region, Drohobych. The address is Hrush evs koho Mikhaila St, House 89, Building 2, Apartment 16.

　　

Global Business Scope

　　Viva Forex has a global business scope, providing access to financial markets across various regions. The company caters to a diverse clientele, enabling trading on over 19,000 stocks and more than 1,200 listed options across 40+ exchanges worldwide.

　　

Main Regulatory Bodies

　　As of now, Viva Forex is not regulated by any major financial authority. The lack of regulation raises concerns about the safety and security of client funds, which potential users should consider before engaging with the platform.

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2. Company History and Development

　　

Key Milestones

　　Since its inception in 2020, Viva Forex has made significant strides in establishing itself in the online trading market. The company has focused on integrating advanced technology into its trading platforms and services.

　　

Business Expansion Journey

　　Viva Forex has expanded its offerings to include a wide range of financial instruments, including forex, stocks, CFDs, and cryptocurrencies. This expansion aims to attract a broader customer base and enhance the trading experience for users.

　　

Customer Base Growth

　　The customer base of Viva Forex has reportedly grown to over 23,000 traders, indicating a positive reception in the market. The company has positioned itself as a user-friendly platform, appealing to both novice and experienced traders.

　　

Platform Development History

　　Viva Forex offers access to the MetaTrader 5 (MT5) platform, which is known for its advanced trading features and user-friendly interface. The platform supports various devices, including PCs, mobile devices, and tablets, making it accessible for traders on the go.

　　

Important Awards or Recognitions Received

　　While specific awards or recognitions for Viva Forex have not been detailed, the company has received positive feedback from users regarding its trading conditions and customer service.

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3. Trading Services Offered

　　

Forex Trading Options

　　Viva Forex offers a comprehensive selection of forex trading options, including access to a wide range of currency pairs. The platform provides trading on major, minor, and exotic currency pairs, catering to diverse trading strategies.

　　

Stock Trading Options

　　Traders can access over 19,000 stocks from core and emerging markets across more than 40 exchanges worldwide. This extensive selection allows users to diversify their portfolios and take advantage of global market opportunities.

　　

CFD Trading Products

　　Viva Forex also offers contracts for difference (CFDs) on various assets, enabling traders to speculate on price movements without owning the underlying asset. This includes CFDs on stocks, indices, commodities, and cryptocurrencies.

　　

Other Financial Instruments

　　In addition to forex and stock trading, Viva Forex provides access to cryptocurrencies, commodities, and futures. The platform supports trading in over 270 cryptocurrencies and various commodities, enhancing its appeal to a broader audience.

　　

Special Services or Unique Advantages

　　Viva Forex emphasizes fast execution and low latency, aiming to provide traders with the best market prices available. The platform also offers trading calculators, market analysis, and educational resources to support traders in making informed decisions.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Viva Forex currently operates without valid regulatory oversight. The absence of regulation raises significant concerns regarding the safety of client funds and the overall trustworthiness of the platform.

　　

Legal Entity Structure by Region

　　The legal entity structure of Viva Forex is primarily based in Ukraine, with its operations being registered under the name Viva Capital. However, the lack of regulatory licensing may complicate its legal standing in various jurisdictions.

　　

Client Fund Protection Measures

　　Due to the lack of regulation, there are limited client fund protection measures in place. Potential clients should be cautious and conduct thorough research before depositing funds into their trading accounts.

　　

Countries/Regions Served

　　Viva Forex serves a global clientele, allowing traders from various countries to access its trading platform. However, the specific countries served may vary based on local regulations and the companys operational policies.

　　

Compliance History

　　Viva Forex has not reported any compliance issues publicly; however, the lack of regulatory oversight means that there is no formal compliance framework to ensure adherence to international trading standards.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　Viva Forex faces competition from several well-established forex brokers, including:

• Vantage FX - A regulated Australian broker known for its competitive spreads and a wide range of trading instruments.
• IC Markets - Another Australian broker that offers low spreads and a variety of trading platforms.
• OANDA - A well-known forex broker with a strong reputation for transparency and regulatory compliance.
• Forex.com - A global forex broker that provides a comprehensive trading platform along with robust educational resources.

　　

Positioning in the Industry

　　Viva Forex positions itself as a user-friendly trading platform that emphasizes technology and accessibility. However, its lack of regulation may hinder its ability to compete effectively against regulated brokers.

　　

Market Differentiation Factors

　　Viva Forex differentiates itself through its extensive range of available trading instruments and a focus on providing fast execution and low latency. The platforms integration with the MetaTrader 5 platform also enhances its appeal to traders seeking advanced trading features.

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　　In conclusion, while Viva Forex offers a range of trading services and has seen considerable growth since its founding, potential clients should carefully consider the lack of regulatory oversight and associated risks. For those interested in exploring further, it is advisable to conduct thorough research and consider alternative brokers with established regulatory frameworks.

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