Qorva Markets Information
Founded In 2023 And Headquartered In Comoros, Qorva Markets Offers Foreign Exchange Trading To International Investors. Suitable For Both Novice And Experienced Traders, The Platform Offers Multiple Account Types And Leverage Up To 1:500. However, The Lack Of Regulation Increases Trading Risk.
Advantages And Disadvantages
- Advantages
Up To 1:500 Leverage
No Minimum Deposit Requirement
No Deposit Or Withdrawal Fees
- Disadvantages
Unregulated
Forex Trading Only
No Demo Account Or Islamic Account
Is Qorva Markets Legal?
Qorva Markets Is An Unlicensed Broker In Comoros. It Is Neither Licensed Nor Regulated By The UK Financial Conduct Authority (FCA), The Australian Securities And Investments Commission (ASIC) Or Other Accredited Financial Regulators. The Lack Of Regulation Has Raised Concerns About The Transparency And Safety Of The Broker.
What Can Qorva Markets Trade?
Qorva Markets Focuses Primarily On Forex Trading.
Account Types
Qorva Markets Offers Three Types Of Live Trading Accounts. There Is No Mention Of Demo Or Islamic Account Accounts.
- Standard Account
- Original Account
- STP Pro Account
Leverage: Up To 1:500
Commission: None
Minimum Deposit: None
Spread: Fixed 3 Spreads
Leverage: Up To 1:100
Commission: 6 Dollars/lot
Minimum Deposit: None
Spread: Fixed 0 Spreads
Leverage: Up To 1:300
Commission: None
Minimum Deposit: None
Spread: Low Spread
Leverage
With Leverage Up To 1:500, Qorva Markets Allows Traders To Control Larger Positions With Less Capital.
Fees
Qorva Markets Trading Fees Are Very Attractive When Compared To Industry Standards. The Broker Offers Low Spreads, The Exact Difference Depends On The Account Type.
Standard Account: No Commission; Spreads Start From 3 Pips.
Original Account: 6 Dollars Commission Per Lot; Spreads Start From 0 Pips.
STP Pro Account: No Commission; Low Spreads.
Trading Platform
Offers Its Own Web Trading Platform And Mobile App.
Deposits And Withdrawals
Qorva Markets Does Not Charge Any Deposit Or Withdrawal Fees. In Addition, No Minimum Deposit Is Required For Any Type Of Account, So Traders Have The Freedom To Choose.
