MAIV LIMITED Account Types & How to Open

Rock-West, the trading name of MAIV LIMITED, presents itself as a global A-Book CFD broker, and its account structure reflects that ambition. From the broker's own pages and aggregated industry data, we can identify two core live account tiers: a Standard account and a Raw account. The Standard account is typically positioned as the entry-level option, with wider spreads and no commission, while the Raw account offers tighter, often zero-pip spreads on major instruments in exchange for a per-lot commission.

Beyond these two, the broker also advertises a MAM (Multi-Account Manager) account, aimed at professional money managers and those who allocate funds to third-party traders. We also see references to a demo account for practice, and the broker's promotional material highlights zero-spread crypto CFD trading on BTC and ETH with leverage up to 1:200. In FXCanary's assessment, the absence of a detailed, official account comparison table on the public pages we reviewed is a notable gap — traders are left to piece together the specifics from scattered pages and third-party summaries.

The Standard account appears to be the default choice for retail traders who prioritise simplicity. According to aggregated industry data, the minimum deposit is $50, which is a relatively low barrier to entry and in line with many offshore brokers. Spreads on the Standard account are quoted from around 1.4 pips on major forex pairs, and there is no commission charged on trades. This structure suits traders who trade less frequently or in smaller sizes, where the absence of a per-lot fee outweighs the wider spread.

However, we must stress that these figures come from third-party reviews, not from Rock-West's own published terms, which we could not fully verify. The broker's website does not appear to list a comprehensive, up-to-date account specification page. In our view, a trader considering the Standard account should confirm the exact spread ranges and any hidden fees directly with the broker before depositing funds, as the difference between a 1.4-pip and a 2.0-pip spread can materially affect short-term trading costs.

The Raw account is marketed toward more active traders who want tighter spreads and are comfortable paying a commission. Aggregated data suggests raw spreads can start from 0.0 pips on major forex pairs, with a commission per lot charged separately. This is a classic raw or ECN-style pricing model, which can be attractive for scalpers and high-frequency traders who need minimal slippage and transparent costs.

That said, we have not been able to confirm the exact commission rate from Rock-West's own materials. The broker's landing pages mention 'RAW spreads or No commission' in a promotional context, which is ambiguous — it could mean that raw spreads are offered with a commission, or that a no-commission option exists. In our assessment, this lack of clarity is a red flag for transparency. A trader who opens a Raw account expecting zero spread but encountering a hidden commission could face unexpected costs. We recommend that any prospective client request a written fee schedule from the broker before committing funds.

Rock-West also advertises a MAM account, which is a multi-account manager solution that allows a single trader to manage multiple sub-accounts on behalf of investors. This is a sophisticated offering that is typically aimed at professional money managers, signal providers, and family offices. The MAM account is mentioned in third-party reviews, but the broker's own website does not provide detailed specifications, such as the minimum allocation per sub-account, performance fee structures, or the management platform used.

In FXCanary's view, the presence of a MAM account suggests that Rock-West is targeting a more professional clientele, but it also raises questions about the broker's operational capacity. MAM accounts require robust back-office systems and reliable trade execution, which are not always guaranteed with a lightly regulated offshore broker. We would advise any money manager considering this product to conduct thorough due diligence, including a live test of the platform and a review of the broker's execution statistics, before entrusting client funds.

Rock-West offers leverage up to 1:2000, according to aggregated industry data, and the broker's own promotional material highlights 1:200 leverage for its zero-spread crypto CFD offering. These are extremely high leverage ratios, far beyond what is permitted in most regulated jurisdictions. For example, European brokers under ESMA rules are capped at 1:30 for major forex pairs, and even offshore-regulated brokers typically cap leverage at 1:500 or 1:1000. A 1:2000 leverage means that a 0.05% adverse move in the underlying asset can wipe out the entire margin on a position.

This level of leverage is a double-edged sword. While it can amplify profits for skilled traders, it also amplifies losses, and the risk of a margin call or stop-out is significant, especially in volatile markets. Given that MAIV LIMITED is registered in Seychelles, a jurisdiction known for light regulatory oversight, there is no independent leverage cap to protect retail traders. We would caution that high leverage should only be used by experienced traders who fully understand the risks, and even then, with strict risk management in place.

Rock-West appears to offer MetaTrader 5 (MT5) as its primary trading platform, according to third-party reviews and the broker's own references to copy trading and MAM functionality. MT5 is a well-regarded platform that supports a wide range of order types, advanced charting tools, and automated trading via Expert Advisors. The broker also mentions copy trading, which allows less experienced traders to replicate the positions of successful traders, and this is a popular feature among offshore brokers.

However, we could not verify the full range of platforms available — whether MT4 is also offered, or whether there is a proprietary web or mobile platform. The broker's website does not appear to have a dedicated platforms page that lists all options. In our assessment, the reliance on MT5 is a positive, as it is a stable and widely used platform, but the lack of transparency about additional tools, such as a trading calculator, economic calendar, or market analysis, is a concern. Traders who rely on in-platform research may find the offering thin.

Rock-West's website includes a blog post about deposit methods, but the full list of payment options is not clearly presented on a single page. Aggregated data suggests that the broker supports a variety of methods, including bank transfers, credit/debit cards, and cryptocurrencies, with a minimum deposit of $50. The broker's promotional material also highlights 'quick deposits and withdrawals via crypto and local methods', which suggests that the broker is targeting clients in regions where traditional banking is less accessible.

In FXCanary's assessment, the reliance on cryptocurrency and local payment methods is common among offshore brokers, but it also carries risks. Crypto transactions are irreversible, and if a withdrawal is delayed or denied, the client has limited recourse. We were unable to find any independent user reviews of the withdrawal process, which is a significant gap. Given the lack of verifiable user feedback, we cannot confirm whether Rock-West processes withdrawals in a timely manner. We would advise traders to start with a small deposit and test the withdrawal process before committing larger sums.

The account opening process at Rock-West appears to be straightforward, as is typical for offshore brokers. Based on the broker's website and third-party descriptions, a trader can open a live account by completing an online application form, providing basic personal information, and then verifying their identity by submitting documents such as a passport or national ID and a proof of address. The broker also offers a demo account, which can be opened without any KYC documentation, allowing traders to test the platform and trading conditions risk-free.

We note that the broker's KYC process is likely to be less rigorous than that of a fully regulated broker, given the light oversight in Seychelles. While this may appeal to traders who value privacy and speed, it also means that the broker may not be conducting thorough due diligence on its clients, which could attract illicit funds. In our view, a lighter KYC process is a double-edged sword: it reduces friction, but it also increases the risk of the broker being used for money laundering, which could eventually lead to regulatory action or account freezes. We would recommend that traders provide accurate information and be prepared for additional verification requests, especially for large withdrawals.

In summary, Rock-West offers a range of account types that cater to different trading styles, from the cost-conscious retail trader to the professional money manager. The low minimum deposit of $50 and high leverage of up to 1:2000 are attractive to traders looking for flexibility, and the availability of a demo account is a positive. However, the lack of transparent, official documentation on account specifications, fees, and withdrawal processes is a significant concern.

Given that MAIV LIMITED is registered in Seychelles with only a Securities Dealer licence from the FSA Seychelles (licence number not published in the public register), the regulatory protection for clients is minimal. There is no independent ombudsman or compensation scheme to turn to in the event of a dispute. In FXCanary's assessment, this broker is best suited to experienced traders who understand the risks of offshore trading and are willing to conduct their own due diligence. For newcomers or those who prioritise regulatory safety, we would recommend looking for a broker regulated in a major financial centre such as the FCA, ASIC, or CySEC.