Forex Blog

These news aren’t that new, but for Forex traders it would be interesting to know, that Marketiva broker now offers world indexes (Dow Jones, Nasdaq 100, S&P 500, DAX and FTSE 100) and precious metals (gold, silver, platinum and palladium) trading. Metals are now part of the Commodities tab in Marketiva’s Streamster, which may hint for adding other commodities (think of oil) too. Spreads for the new instruments are higher than for currency pairs, but that’s OK, since other brokers also use high spreads on the less popular trading symbols. Spreads vary during the day and become lower during stock markets trading session periods.

Marketiva Forex broker now accepts WebMoney and E-Dinar web currencies as the payment options. This is a very wise step from their management team, since WebMoney is the most popular e-currency in Russia (with many potential Forex traders) and E-Dinar is a promising e-currency with a great potential in the Middle East and Asia.

Marketiva has lowered its spreads for almost all Forex pairs. Now the spreads for all currency pairs traded on Marketiva are as follows (in pips):
EUR/USD - 2
USD/JPY - 3
GBP/USD - 4
USD/CHF - 4
USD/CAD - 4
AUD/USD - 4
EUR/JPY - 4
EUR/GBP - 3
EUR/CHF - 4
GBP/JPY - 8
AUD/CAD - 10
EUR/AUD - 10
EUR/CAD - 10
GBP/CHF - 8
CHF/JPY - 5
AUD/JPY - 5
NZD/USD - 4

Those are very competitive spreads in current Forex market, which makes Marketiva even more attractive as retail Forex broker.

Marketiva Forex broker now offers its clients to buy shares of several investment funds which are diversified in various assets. This is no doubt a positive addition to any Marketiva members since now they can secure some of their trading money in these funds. Although such investment funds are risky, they are still a very nice opportunity for those who fail in traditional Forex trading or wish for some rest before returning to Forex trading. Let’s hope that Marketiva will continue to develop and innovate themselves as a Forex broker and financial institution even further. More details on Marketiva investment funds can be found here.

I’ve added information about ECN (Electronic Communication Network) broker - MB Trading. It’s an interesting Forex broker, which is a very good for those traders that are quite experienced in Forex trading and want to introduce themselves to ECN Forex trading (which is a kind of ‘more real’ trading). This broker has a low minimum deposit amount of $400. Some minor changes have also been brought to Forex brokers section - to Deutsche Bank FOREX, FXCM (thanks to Luis Gonzaga) and Marketiva (about withdrawal commission almost gone).