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Danger
FR AMF
2024-10-07
No Regulation
Score
1.14 /10
Danger
Livaxxen
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index4.17
Risk Management Index0.00
Software Index4.00
License Index0.00
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Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Regulatory disclosure
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| LivaxxenReview Summary | |
| Founded | 2024 |
| Registered Country/Region | New Zealand |
| Regulation | No regulation |
| Market Instruments | ForexCommoditiesIndicesStocks |
| Demo Account | ❌ |
| Leverage | Up to 1:400 |
| Spread | / |
| Trading Platform | Livaxxen Platform |
| Min Deposit | $500 |
| Customer Support | Phone: +6498011909 |
| Email: customersupport@livaxxen.com | |
| Social Media: Facebook, Twitter, Linkedin, Youtube | |
| Physical Address: 171 Featherston Street, Wellington 6011, New Zealand | |
Livaxxen Information
Livaxxen is a broker incorporated in New Zealand in 2024, offering 900+ instruments to traders incuding forex, commodities, indices and stocks. It also provides 6 types of accounts. But at the moment, it is unregulated and lacks security.
Pros and Cons
| Pros | Cons |
| 900+ instruments | No regulation |
| 6 types of accounts | Minimum deposit up to $500 |
| MT4/5 is not supported |
Is Livaxxen Legit?
The Livaxxen website was just registered in 2024 and is currently unregulated.
What Can I Trade on Livaxxen?
Livaxxen says it has 900+ instruments to trade, including more than 60 currency pairs, covering all major currencies; 20 + commodities, which can be traded in energy and agricultural products, namely gold, silver, coffee, sugar and oil; 15 + Global indices; 150 + stocks from the world's leading companies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
Livaxxen has 6 types of accounts -Beginner, Standard, Premium, Premium+, Platinum and VIP Account. Minimum deposits range from $500 to $1,000,000, the leverage is 1:400.
Livaxxen Fees
Livaxxen says it offers low commissions, but doesn't have details.
Trading Platform
Livaxxen provides its own platform for traders to trade on mobile as well as desktop.
| Trading Platform | Supported | Available Devices | Suitable for |
| Livaxxen Platform | ✔ | Mobile, Desktop | All traders |
| MT4 | ❌ | ||
| MT5 | ❌ |
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