✔️ Information reviewed and updated in March 2024 by Eduardo López
IS Milliva RELIABLE? OPINIONS
In this post I will analyze Milliva. Is Forex, Indices, Funds, Cryptocurrencies, Shares and Commodities broker Milliva (with milliva.com website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think Milliva is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
|About the company
|Milliva Ltd UK
|San Vicente y las Grenadines
|Mention being registered in Saint Vincent and the Grenadines
|FSA (Financial Services Authority)
|️ ️ Phone number
|Does not have
|📧 Email Address
|Does not have
|???? Live Chat
|💳 Payment methods
|Credit card, cryptocurrencies, amazon pay, Srill, Nesteller, Meta Quotes, American Express and Visa
|❓ Company type
|Forex Broker, Indices, Funds, Cryptocurrencies, Shares and Commodities
📞 LIST OF PHONE NUMBERS:
The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of accounts that Milliva offers; They are divided into 3 accounts. Here is a table with a little more information about minimum deposits by type of account.
|TYPE OF ACCOUNTS
|MINIMUM INITIAL DEPOSIT
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “milliva.com” was registered on August 02, 2021. That is, it is a website that is not very old. 🚩
- The website mentions which company it belongs to, but I have not been able to find “Milliva Ltd UK” in the company records. I think it may be a fake company. 🚩
- The company mentions being regulated by a very unsafe regulator, as is the case of Saint Vincent and The Grenadines. 🚩
⭐ OPINION FROM Milliva:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company is located in an unsafe place such as Saint Vincent and the Grenadines.
2) The company mentions being regulated by a very unsafe regulator such as Saint Vincent and the Grenadines.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “milliva.com” was registered on August 02, 2021. It is very recent.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
5) The company has been reported by the following financial regulator(s): FCA, UK Financial Authority. It is a very unsafe company, be careful.
“To be honest with you I would not invest in this type of company: it is regulated in Saint Vincent and the Grenadines. He mentions belonging to a company Milliva Ltd UK which apparently is a fake company. I honestly cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE Milliva?:
Milliva presents itself as a broker whose origin raises serious doubts and worries investors. The location in Saint Vincent and the Grenadines, a territory that raises red flags regarding transparency and regulatory oversight. The fact that the broker is regulated by the FSA (Financial Services Authority) It adds an additional layer of confusion, as financial platforms are generally expected to be regulated in more established and recognized jurisdictions.
It is particularly disturbing that Milliva has a complaint registered by regulator FCA, the UK Financial Authority, for alleged fraudulent activities. These types of statements by reputable regulatory bodies should be taken as serious warnings. The complaint suggests that the broker could be involved in unethical or even illegal practices, which represents a significant risk to those considering relying on its services.
The combination of a tax haven location, regulation by an entity that may not be recognized as a guarantee of financial security, and whistleblowing by a major regulator should be reason enough to steer clear of Milliva. Investing in financial platforms with dubious track records can result in significant financial losses and potential legal risks.
📣 LATEST UPDATES:
1) Update December 2023: la FCA, Financial Authority of the United Kingdom, has denounced Milliva.
✔️ CLAIM MONEY FROM Milliva:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT Milliva:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Milliva is an investment broker in Forex, Indices, Funds, Cryptocurrencies, Shares and Raw Materials.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
Milliva is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.