Miva Solutions LLC is registered in St. Vincent and the Grenadines. In Sept 2021, the German financial market regulator BaFin announced investigations into the illegally operating broker DeliTraders (www.delitraders.com). The offshore entity also operates the illegally active broker EuroCapitals (www.eurocapitals.com). Both brokers are members of the International Financial Market Regulation Center (IFMRC) and thus claim to be regulated. This claim is, of course, bullshit. On 7 March 2022, the BaFin announced another investigation against Miva Solutions.
MIVA Solutions LLC is registered with the Financial Services Authority (FSA) of St. Vincent & The Grenadines with registration number 854. However, this is not a license to conduct financial business but simply a company registration. Euro-Caribbean Trustees Ltd established this offshore entity.
Both the Spanish CNMV and the Italian Consob have also recently issued warnings against Miva Solutions LLC and EuroCapitals, respectively ordering the black-out of the website.
