Resumo:Livemarkets Limited is a multi-asset online broker based in London and is authorised and regulated by the Financial Conduct Authority (FCA) in the UK (Licence No. 738538). The broker is also a UK subsidiary of Trade Capital Markets Ltd, and TRADE.COM is a joint brand operated by both.
General Information & Regulation
Livemarkets Limited is a multi-asset online broker based in London and is authorised and regulated by the Financial Conduct Authority (FCA) in the UK (Licence No. 738538). The broker is also a UK subsidiary of Trade Capital Markets Ltd, and TRADE.COM is a joint brand operated by both.
Market Instruments
Livemarkets offers investors a range of financial instruments, including Forex, bonds, stocks, ETFs, indices, etc.
Leverage & Spreads
Livemarkets complies with ESMA regulations by offering traders a maximum leverage of 1:30. The leverage is 1:30 for major Forex pairs and 1:20 for minor Forex pairs and indices. In addition, the trader charges a floating spread fee, the exact spread of which is unknown due to non-disclosure.
FX Swaps
Livemarkets charges traders a swap fee for foreign exchange transactions. Generally, swap fees are charged once per business day from Monday to Friday, with triple fees charged on Wednesdays.
Deposit & Withdrawal
Livemarkets' clients can deposit/withdraw funds in a variety of ways, including bank wire transfers, credit/debit cards, and e-wallets, but no cash or checks are accepted. It is important to note that the dealer states that deposits and withdrawals cannot be made to/from third party accounts.
FSCS Protection
Regulated by the FCA in the UK, Livemarkets offers traders protection under the Financial Services Compensation Scheme (FSCS). Additional insurance under the FSCS scheme provides up to £1,000,000, of which the standard compensation is £85,000.
Restricted areas
Livemarkets does not specify which countries it accepts traders from, but the company notes that it does not offer its services to residents of the United States, Japan, Canada, the European Union or any other jurisdictions.