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FX Live Capital -

Score

1.37 /10
Danger

FX Live Capital

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://fxlivecapitaltrading.com

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Business Index5.93

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Software Index4.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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FX Live Capital · Company summary

FX Live Capital Basic Information
Company Name FX Live Capital
Founded 2020
Headquarters Saint Vincent and the Grenadines
Regulations Not regulated
Tradable Assets Forex, metals, crypto, stocks, indices
Account Types Classic, Professional, MAM, PAMM
Minimum Deposit $100 - $500
Maximum Leverage 1:100 - 1:500
Spreads Variable
Commission $3 - $9 USD (Classic/Professional)
Deposit Methods Crypto wallets
Trading Platforms MT4
Customer Support Email (support@fxlivecapital.com)
Education Resources Not specific
Bonus Offerings None

Overview of FX Live Capital

FX Live Capital, founded in 2020 and headquartered in Saint Vincent and the Grenadines, offers traders a variety of trading instruments through its unregulated platform. With account types catering to different trading needs and leveraging the MetaTrader 4 platform, FX Live Capital aims to provide accessible and professional trading services. However, its lack of regulation may pose risks to traders, requiring careful consideration before engaging in trading activities.

Overview of FX Live Capital

Is FX Live Capital Legit？

FX Live Capital is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like FX Live Capital, as there may be limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's business practices. It is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience.

Is FX Live Capital Legit?

Pros and Cons

FX Live Capital offers traders a diverse range of trading instruments and multiple account types, providing flexibility and catering to varying trading needs. Additionally, the utilization of the popular MetaTrader 4 platform enhances accessibility and familiarity for traders. However, the lack of regulatory oversight raises concerns about transparency and investor protection. Moreover, the limited customer support options, primarily through email, may hinder efficient resolution of queries or issues. Furthermore, the absence of educational resources and unclear company policies and procedures may pose challenges for traders seeking comprehensive guidance and information. Additionally, the restriction to deposit and withdrawal methods using crypto wallets may limit accessibility for some traders. Overall, while FX Live Capital offers opportunities for trading, traders should approach with caution due to the lack of regulatory supervision and limited support resources.

Pros Cons
  • Diverse range of trading instruments
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Offers multiple account types
  • Limited customer support options, primarily through email
  • Utilizes the popular MetaTrader 4 platform
  • Lack of educational resources or transparency regarding company policies and procedures
  • Provides flexibility with variable spreads
  • Deposit and withdrawal methods limited to crypto wallets

Trading Instruments

FX Live Capital offers a diverse range of trading instruments, including stocks/equities, futures, indices, energies, precious metals, and forex/currencies.

Trading Instruments

Here is a comparison table of trading instruments offered by different brokers:

Broker Forex Metals Crypto CFD Indexes Stocks ETFs
FX Live Capital Yes Yes Yes No Yes Yes No
AMarkets Yes Yes No Yes Yes Yes No
Tickmill Yes Yes Yes Yes Yes Yes No
EXNESS Group Yes Yes Yes Yes Yes Yes No

Account Types

1. Classic Account: The Classic Account is designed for traders seeking accessibility, with a minimum deposit of $100. Traders can enjoy a maximum leverage of 1:500, variable spreads, and access to a wide range of trading instruments including stocks, futures, indices, energies, precious metals, and forex/currencies, all within the MT4 trading platform.

2. Professional Account: Geared towards experienced traders, the Professional Account requires a minimum deposit of $500. It offers a lower maximum leverage of 1:100 but provides enhanced features such as tighter spreads and a commission of $9 USD per trade. Traders can still access the same array of trading instruments through the MT4 platform.

3. MAM Account: The MAM Account is ideal for money managers looking to handle multiple accounts simultaneously. With a minimum deposit of $100 and a maximum leverage of 1:500, MAM Account holders enjoy commission-free trading and access to the full suite of trading instruments available on the MT4 platform.

  1. PAMM Account: The PAMM Account, similar to the MAM Account, caters to money managers but operates under a Percentage Allocation Management Module. It also requires a minimum deposit of $100 and offers a maximum leverage of 1:500. Traders benefit from commission-free trading and access to diverse trading instruments through MT4.

Account Type Trading Platforms Minimum Deposit Maximum Leverage Commission Spread Type Trading Instruments
Classic Account MT4 $100.0 USD 1:500 $3 USD Variable Spread Stocks/Equities, Futures, Indices, Energies, Precious Metals, Forex/Currencies
Professional Account MT4 $500.0 USD 1:100 $9 USD Variable Spread Stocks/Equities, Futures, Indices, Energies, Precious Metals, Forex/Currencies
MAM Account MT4 $100.0 USD 1:500 $0 USD Variable Spread Stocks/Equities, Futures, Indices, Energies, Precious Metals, Forex/Currencies
PAMM Account MT4 $100.0 USD 1:500 $0 USD Variable Spread Stocks/Equities, Futures, Indices, Energies, Precious Metals, Forex/Currencies

Leverage

Apologies for the oversight. FX Live Capital provides leverage options ranging up to 1:500 for its Classic and MAM accounts, while the Professional and PAMM accounts offer a maximum leverage of 1:100.

Here is a comparison table of maximum leverage offered by different brokers:

Broker FX Live Capital Libertex IC Markets RoboForex
Maximum Leverage 1:500 1:30 1:500 1:2000

Spreads and Commissions

FX Live Capital offers variable spreads and commissions on its trading accounts. The Classic account has a commission of $3 USD, while the Professional account has a commission of $9 USD. Both accounts feature variable spreads. The MAM and PAMM accounts, on the other hand, have no commissions associated with them.

Spreads and Commissions

Deposit & Withdraw Methods

The deposit and withdrawal method for FX Live Capital involves the use of crypto wallets. For both deposits and withdrawals, the commission is unknown and the exchange rate is based on the current exchange rate. The processing time for deposits varies and is not specified, while the processing time for withdrawals is stated to be within 24 hours.

Trading Platforms

FX Live Capital exclusively utilizes the MetaTrader 4 (MT4) trading platform across all its account types.

Trading Platforms

Customer Support

FX Live Capital provides customer support primarily through email at support@fxlivecapital.com.

Conclusion

In conclusion, FX Live Capital presents traders with a variety of trading instruments and account types, along with the widely used MetaTrader 4 platform, facilitating flexible and accessible trading opportunities. However, the absence of regulatory oversight poses potential risks, and the limited customer support options may hinder efficient resolution of inquiries. Additionally, the lack of educational resources and unclear company policies may present challenges for traders seeking comprehensive guidance. Traders should exercise caution and conduct thorough research before engaging with FX Live Capital to mitigate potential risks and ensure a safer trading experience.

FAQs

Q: Is FX Live Capital regulated？

A: No, FX Live Capital operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on FX Live Capital？

A: FX Live Capital offers a range of trading instruments, including forex, metals, cryptocurrencies, stocks, and indices.

Q: What account types does FX Live Capital offer？

A: FX Live Capital provides various account types, including Classic, Professional, MAM, and PAMM accounts, catering to different trading preferences and experience levels.

Q: How can I contact FX Live Capital's customer support？

A: You can reach FX Live Capital's customer support primarily through email at support@fxlivecapital.com.

Q: How long does it take for deposits and withdrawals to be processed by FX Live Capital？

A: The processing time for deposits varies and is not specified, while withdrawals are stated to be processed within 24 hours.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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CEOCEO
more than one year
Furthermore, FX Live Capital's lack of regulation is a major red flag. As an experienced trader, I know how important it is to work with a reputable company that is properly regulated and licensed. Without proper oversight, there is no guarantee that your funds are safe, and there is a higher risk of fraudulent activity.
Furthermore, FX Live Capital's lack of regulation is a major red flag. As an experienced trader, I know how important it is to work with a reputable company that is properly regulated and licensed. Without proper oversight, there is no guarantee that your funds are safe, and there is a higher risk of fraudulent activity.
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2023-04-04 10:58
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CEOCEO
more than one year
I recently had a very bad experience with FX Live Capital. First of all, their website is now completely inaccessible, which is concerning since my money is still in my account. Additionally, I had noticed some issues with their platform in terms of stability and performance. I experienced several instances of slippage, which resulted in trades being executed at prices that were not what I intended. This led to some losses that could have been avoided if the platform had been working properly.
I recently had a very bad experience with FX Live Capital. First of all, their website is now completely inaccessible, which is concerning since my money is still in my account. Additionally, I had noticed some issues with their platform in terms of stability and performance. I experienced several instances of slippage, which resulted in trades being executed at prices that were not what I intended. This led to some losses that could have been avoided if the platform had been working properly.
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2023-04-04 10:58
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