What is the Liberty Reserve?
Liberty Reserve is an online e-currency. If you’ve ever used PayPal before, Liberty Reserve is pretty much the same thing with several features that make it better. For example, fees are much lower than on PayPal, and Liberty Reserve has a non-refundable payment policy which means that when you get money, the money is yours and people can’t just open a small dispute to get it back from you.
Liberty Reserve in Forex Trading
I’ve never heard that PayPal is okay with Forex trading. Most Forex brokers will require either a direct bank deposit or credit card payment, which means it will take a few hours for your payment to actually be made before you can start trading. And even then, complications can occur later.
And if that’s not bad enough, what about the fact that most over-the-counter brokers require a minimum $ 500 minimum deposit to start trading? Fortunately, an increasing number of brokers are reducing this minimum initial deposit amount, so now even beginners can trade on Forex rather than large companies and enterprises.
As you can see, using Liberty Reserve is much faster than other similar services, bank transfers or inconvenient credit card processing systems. Also, most Forex brokers who accept Liberty Reserve deposits do not have such insanely high minimum deposit requirements which allows for the first time beginners and ordinary people like you and me to jump into the Forex market and start trading.
Marketiva as a Forex broker who accepts Liberty Reserve
In my ten years of experience trading Forex, I have worked with many different brokers. While I can’t say anything bad about them, they just didn’t suit my business needs because of their payment systems that took too long to receive my money.
About 3 years ago I discovered Marketiva and everything changed. I don’t even use other brokers anymore because Marketiva does a good job like any other broker with a few key features that made it move this broker to the top of my list.
Why is it good?
First of all, Marketiva offers an opportunity to regular people like you and me to jump into the Forex market. Even just a few years ago the Forex market was something that was unattainable for most. Only people with a lot of money could start trading.
Marketiva changed all that with its incredibly low deposit requirement of just $ 1 to start trading. Instead, they use volume-based trading, so even with $ 1 you have a lot of flexibility in your stores. While, of course, earnings from a $ 1 account aren’t great, it’s a great way for newcomers to the market to test their skills in this area. Of course, there is also a change in the use of virtual funds, so you do not have to risk anything to improve your trading skills to the point where you are satisfied with the results.
Marketiva is an excellent broker for both beginners and professionals in this field. With their quantity-based trading accounts, you will still have great flexibility in your stores with relatively little investment. They also accept the Liberty Reserve which makes it incredibly easy to quickly receive your earnings online.