https://www.givtrade.com/
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MT4/5 Identification
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Giv Trade
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Expose
Benchmark | -- |
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Maximum Leverage | 1:100 |
Minimum Deposit | $10,000 |
Minimum Spread | from 0 pips |
Products | -- |
Currency | -- |
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Minimum Position | 0.01 |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:200 |
Minimum Deposit | $1000 |
Minimum Spread | from 1.2 pips |
Products | -- |
Currency | -- |
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Minimum Position | 0.01 |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:400 |
Minimum Deposit | -- |
Minimum Spread | from 2 pips |
Products | -- |
Currency | -- |
---|---|
Minimum Position | 0.01 |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Capital
$(USD)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | No regulation |
Market Instrument | Forex, Metals, Indices, Commodities |
Account Type | Classic, Prime and VIP |
Demo Account | yes |
Maximum Leverage | 1:400 |
Spread (EUR/USD) | 0.8 pips |
Commission | Classic & Prime: no; VIP: $8 |
Trading Platform | Metatrader 5, MT5 for Desktop & Android & IOS |
Minimum Deposit | no |
Deposit & Withdrawal Method | N/A |
GIV CAPITAL is allegedly a multi-asset broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:400 and variable spreads on the MT5 trading platform via three different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that GIV CAPITAL currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.38/10. Please be aware of the risk.
Note: The screenshot date is January 12, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.
Market Instruments
GIV CAPITAL advertises that it offers access to a wide range of trading instruments in financial markets, including Forex, Metals, Indices, and Commodities.
Account Types
Apart from demo accounts with $100,000 virtual capital, GIV CAPITAL claims to offer three types of real trading accounts, namely Classic, Prime and VIP. There is no minimum deposit requirement on the Classic account, while the Prime and VIP accounts have to deposit at least $1,000 and $10,000 respectively. All accounts are Islamic Accounts compliant with Sharia Laws.
Leverage
The specified leverage for different account types at GIV CAPITAL varies between 1:100 and 1:400. Clients on the Classic account can enjoy the maximum leverage of 1:400, while the Prime and VIP accounts can experience leverage of 1:200 and 1:100 separately. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50.
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
All spreads with GIV CAPITAL are a floating type and scaled with the accounts offered. Specifically, clients on the Classic account can experience variable spreads from 1.8 pips, while 1.8 pips on the Prime account and 0 pips on the VIP account. The benchmark EUR/USD pair average is 0.8 pips.
As for the commission, there is no commission on the Classic and Prime accounts, while $8 is on the VIP account.
Trading Platform Available
The platform available for trading at GIV CAPITAL is one of the most notable and preferred trading platforms the market offers - MetaTrader5 and MT5 for Desktop & Android & IOS, which is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
GIV CAPITALs customer support can be reached by telephone: +44 80 8273 4708, +44 20 3322 5481, email: info@giv-capital.com, or live chat. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Kemp House 152-160, City Road London EC1V 2NX, United Kingdom.
Pros & Cons
Pros | Cons |
• Demo accounts available | • No regulation |
• No minimum deposit | • Commission charged on the VIP account |
• MT5 supported |
Frequently Asked Questions (FAQs)
Q 1: | Is GIV CAPITAL regulated? |
A 1: | No. It has been verified that GIV CAPITAL currently has no valid regulation. |
Q 2: | Does GIV CAPITAL offer demo accounts? |
A 2: | Yes. GIV CAPITAL offers demo accounts with $100,000 virtual capital. |
Q 3: | Does GIV CAPITAL offer the industry-standard MT4 & MT5? |
A 3: | Yes. GIV CAPITAL offers MetaTrader5 and MT5 for Desktop & Android & IOS. |
Q 4: | What is the minimum deposit for GIV CAPITAL? |
A 4: | There is no minimum initial deposit requirement with GIV CAPITAL. |
Q 5: | Is GIV CAPITAL a good broker for beginners? |
A 5: | No. GIV CAPITAL is not a good choice for beginners. Although it offers demo accounts on the industry-standard MT5 trading platform, it lacks legitimate regulation. |
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