Score

1.38 /10
Danger

fxtradelive

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.00

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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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • 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

fxtradelive · Company summary

Since fxtradelives official website (https://fxtradelive.net) cannot be opened for now, we could only piece together the rough picture of this forex broker by gathering some relevant information from other websites.

basic-info

General Information

Registered in the United Kingdom, fxtradelive presents itself as a forex broker providing a series trading services for both retail and institutional clients. As fxtradelives official website is inaccessible, we were unable to obtain more information about its business operation, leverage, spreads and commissions, and more.

Fxtradelive is quite vague about who runs it and this company does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Leverage

No trading leverage can be found anywhere. Since leverage can magnify gains well as losses, it is wise for beginners to choose a smaller size no more than 1:10, and the safest option is 1:1.

Trading Platform

fxtradelive fails to provides its clients with the advanced MT4 or MT5 trading platform, which could be served as further evidence that this forex broker not trustworthy to trade with.

Customer Support

As an unregulated forex broker, fxtradelive offers poor customer service. Traders with any inquiries or trading-related issues can only get in touch with this forex broker through email: info@fxtradelive.com.

Registered Company Address: OFFICE 7, 35-37 LUDGATE HILL, LONDON, CITY OF LONDON, ENGLAND, EC4M 7JN

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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