Elviva Review

About Elviva

Elviva (operating via elvivainvest.com) holds no valid regulatory licences. The Autorité des Marchés Financiers (AMF, France) officially added Elviva to its warning list on August 23, 2023, citing unauthorised forex activity (). The UK’s Financial Conduct Authority (FCA) issued a warning against Elviva on September 14, 2023, indicating the broker offers financial services without proper authorisation (). Claims of operation under “Elviva Investors Holdings Limited” (company number 2045601) contradict records in the UK Companies House, where that number corresponds to a different firm ().

The broker lacks regulation; there is no indication of licensing from recognized authorities such as FCA, ASIC, CySEC or similar. Multiple reviews confirm its unregulated status, noting no segregated client accounts, no guaranteed funds, absence of negative balance protection, and no transparency in spreads or leverage (). Public sources indicate a minimum deposit of $250 (Silver Tier), maximum leverage up to 1:200, extremely high spreads (e.g., ~27 pips for EUR/USD), limited account tiers (Silver, Gold, Platinum), and a basic proprietary platform with insufficient customer support, notably unresponsive and email-only ().

Pros and cons

Pros

• Offers multiple account tiers (Silver, Gold, Platinum) and a range of asset classes including Forex, commodities, stocks, indices, crypto (as reported externally)

Cons

• No valid regulation; flagged by both AMF (unauthorised) and FCA (unauthorised services)
• Discrepancy in claimed UK company registration versus official Companies House records
• Opaque trading conditions: extremely high spreads (e.g., ~27 pips EUR/USD), lack of transparency on leverage and fees
• Minimal platform functionality, lack of advanced features, poor customer support (email only)