Score

1.44 /10
Danger

FX LIVE

Estonia

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Score

Regulatory Index0.00

Business Index6.48

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Broker Information

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Company Name

Aspida Solutions OÜ Limited

Company Abbreviation

FX LIVE

Platform registered country and region

Estonia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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FX LIVE · Company summary
FX LIVE Review Summary
Founded2022-10-26
Registered Country/RegionEstonia
RegulationUnregulated
Market InstrumentsSpot FX, Forwards, Swaps, CFDs, and Options
Demo AccountNot mentioned
LeverageUp to 1:10
SpreadStart from 0.1 pips
Trading PlatformMT5(Android/iOS)
Min Deposit$5000
Customer SupportPhone:U.K:+442045252443AU:+61383999199
Email: support@fx-live.com

FX LIVE Information

FX LIVE is an unregulated broker that provides various trading instruments including Forex, Indices, Raw Materials, and Stocks. FX LIVE has launched 5 trading account types, such as VIP, Platinum, Gold, Silver, and Basic, to choose from. FX LIVE's spread starts from 0.1 pips and the commission is $7. In addition, the minimum deposit is $5000, and the highest leverage is 1:10.

FX LIVE Information

Pros and Cons

Pros Cons
EA availableUnregulated
Various trading instruments: Spot FX, Forwards, Swaps, CFDs, and OptionsMinimum deposit up to $5000
Multiple account types: VIP, Platinum, Gold, Silver, and BasicMaximum leverage: 1:10
MT5 availableThe commission required $7
Spread as low as 0.1 pips

Is FX LIVE Legit?

FX LIVE is not regulated, which increases the risk for traders with every investment.

Is FX LIVE Legit?

What Can I Trade on FX LIVE?

FX LIVE provides tradableinstruments including forex, indices, materials, and stocks. Forex includes euro/yen, pound/yen, etc., and materials include gold, silver, crude oil, etc.

Tradable Instruments Supported
Forex
Indices
Materials
Stocks
Shares
ETFs
Bonds
Mutual Funds

Account Type

FX LIVE has launched five account types: VIP, Platinum, Gold, Silver, and Basic, which are distinguished by different deposits, leverage, etc. The leverage range is 1:3-1:10, and the deposit range is $5000-$150000. Each account supports intelligent trading systems—EA.

Account Type BasicSilverGoldPlatinumVIP
Maximum Leverage1:31:31:41:51:10
Minimum Deposit$5000$10000$25000$50000$150000
Supported EAYesYesYesYesYes

FX LIVE Fees

FX LIVE spreads are as low as 0.1 pips and the commission is $7.

Leverage

The maximum leverage is 1:10. However, small assets cannot leverage larger leverage for investment.

Leverage

Trading Platform

FX LIVE supports traders with the MT5 trading platform and traders can use MT5 for Android and iOS versions.

Trading PlatformSupported Available Devices
MT5Android/iOS
Trading Platform

Deposit and Withdrawal

The minimum deposit for FX LIVE is $5000. The deposit is very high, even up to $150,000. Traders can deposit and withdraw via Credit/debit cards, bank transfers, and e-wallets. Bank transfers typically take 1-3 business days, while e-wallets can be processed anytime.

Customer Support Options

Traders enjoy 24/5 customer support. Traders can ask questions by phone and email. The phone is currently online from 9 am to 7 pm.

Contact Options Details
Phone U.K: +442045252443AU: +61383999199
Email support@fx-live.com
Supported Language German
Website Language German
Physical Address 25 Canada Square, Canary Wharf, London E14 5LB, United Kingdom
Customer Support Options

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