Marketiva USA

What is Marketiva?

With more than 410,000 serviced users, 240,000 unique and live trading accounts, and more than 3.5 million live orders executed each month, Marketiva is one of the most popular over-the-counter market makers in the world!

May I open a test account and try the system first?
Because live and virtual trading desks co-exist within one Marketiva account, you may try our system with a regular account and later use the same account for live trading. In any case, you can open your Marketiva account for free!

How much money do I need to start trading right now?
With its flexible quantity specifications and $5 cash reward, Marketiva allows you to start trading with no money down. Due to strict lot specifications, many other over-the-counter market makers require at least $500 to start with.

Where and how do I start?
Before you can start trading, you need to open an account with us (it is free) and download our trading platform (Streamster). To open your account, please visit:
https://www.marketiva.com/index.ncre?page=open-account
and to download Streamster please visit:
http://www.marketiva.com/index.ncre?page=downloads page.

How secure is your software?
Streamster uses industry-standard 128-bit SSL (Secure Sockets Layer) to encrypt the communication between you and the Streamster Server. Streamster protects your privacy by encrypting any and all data received and sent between Streamster and the Streamster Server, and by verifying the identity of the Streamster Server prior to any communication.

Marketiva accepts clients from Nigeria, Kenya, Cote D’Ivore, and many more countries in the world. You can use Wire Transfer from Any Bank using Saving Account or Domiciliary Account for deposit and withdrawal. You can also using e-currency such as E-bullion, Libertyreserve, E-Dinar, and Webmoney for depositing/withdrawing money from Nigeria or other country.

Open Your Account Now and Get Free $5 Cash Reward Directly Deposited to Your Live Desks

Important!:

1. Please use valid informations such as Real Name, Full Address, Phone Number, Postal Code, City and Country. If you use fake informations, your account will be Automatically Deleted by Marketiva System.
2. You will need to provide Identification Document and Address Confirmation Document. Your Can use National Identity Card, Drivers License, Passport or any other Official Documents with your Name, Photo, and Full Address issued by Government. If your document does not have address, you will need to provide additional Address Confirmation Document. You can use any official document with your Name (at least family name), Full Address, and Official Stamp. Affidavit Letter, Bank Account Statement, Electric, Phone, Gas, or other Utility Bill will be accepted for address confirmation document, remember that all documents have to be in your own name with your full address.
3. Identification documents should be uploaded at: https://www.marketiva.com/index.ncre?page=identification.

Introduction to Forex

Buying and Selling

Financial market is a mechanism that allows people to easily buy and sell (trade) market instruments at low transaction costs and at prices that reflect efficient markets. Financial markets have evolved significantly over several hundred years and are undergoing constant innovation to improve liquidity.

If you believe value of a market instrument is going to increase, then you would buy the instrument and at one point in the future you would sell it for a higher price. This is the basic motivation for trading on financial markets.

Orders and Positions

When you want to open a position you need to place an “entry” order. If and when the entry order executes, the position becomes “open” and starts its life on the market. At some point in the future, you will place an “exit” order to “close” the position. A position can be “long” (entry order is to buy and exit order is to sell an instrument) or “short” (entry order is to sell and exit order is to buy an instrument).

At the point when you place your entry order, you need to define price level at which you want to buy or sell certain instrument. You also need to specify type of the order and quantity of the instrument you want to trade. There are 3 order types:

Market Order

Placing a market order means that you will buy at the current “ask” (or “offer”) price, or sell at the current “bid” price, whatever that price currently is. For example, suppose you are buying a market instrument and its current market price is 129.34 / 129.38. This means a participant in the market is willing to buy the instrument from you at 129.34 and / or sell it to you at 129.38.

Stop Order

Initiating a trade with a stop order means that you will only open a position if the market moves in the direction you are anticipating. For example, if an instrument is trading at 129.34 / 129.38 and you believe it will move higher, you could place a stop order to buy at 129.48. This means that the order will only be executed if ask price in the market moves up to 129.48. The advantage is that if you are wrong and the market moves straight down, you will not have bought (because 129.48 will never have been reached). The disadvantage is that 129.48 is clearly a less attractive rate at which to buy than 129.38. Opening a position with a stop order is usually appropriate if you wish to trade only with strong market momentum in a particular direction.

Limit Order

A limit order is an order to buy below the current price, or sell above the current price. For example, if an instrument is trading at 129.34 / 129.38 and you believe the market will rise, you could place a limit order to buy at 129.28. If executed, this will give you a long position at 129.28, which is 10 pips better than if you had just used a market order. The disadvantage of the limit order is that if the instrument moves straight up from 129.34 / 129.38 your limit at 129.28 will never be filled and you will miss out on the profit opportunity even though your view on the direction was correct. Opening a position with a limit order is usually appropriate if you believe that the market will remain in a range before moving in your anticipated direction, allowing the order to be filled first.

For both entry and exit orders you can specify price levels at which you want them to be executed. You have to specify entry levels when you place you entry order, while most trading systems would allow you to specify exit levels at any time.

Calculating Profit

The objective of trading is to buy a market instrument and later sell the same market instrument for a higher price. In case of margin trading, trader can also sell a market instrument first and later buy the same market instrument for a lower price. Either way, trader has to close position in order to lock in the profit.

Let us assume that you open a long position by buying a market instrument for 129.38 (quantity of 10000) and few hours after that, you close the position by selling it for 129.52 (same quantity of 10000). These two trades would bring you profit of (129.52 - 129.38) * 10000 = 1400.

We can also say that these two trades would bring you 14 “points” profit. A “point” is the smallest increment in an instrument’s price. For the instrument in the above example, one point is 0.01 and for an instrument denominated with 4 decimals, one point would be 0.0001. Expressing position profits in points is often very useful for quick calculations and estimates.

One point, from the example position above, would bring you 0.01 * 10000 = 100 profit, denominated in the same currency the market instrument is denominated in.

In case of Forex, currency pair denomination will be in the counter currency (JPY is the counter or quote currency in the USD/JPY pair) and you may need additional currency conversion to get profit calculated in the currency your trading account is denominated in.