摘要:FX LIVE, operated by Aspida Solutions OÜ Limited in Estonia, is an unregulated broker offering Spot FX, Forwards, Swaps, CFDs, and Options trading services with leverage up to 1:10. It provides various account types with different leverage requirements and supports the use of Expert Advisors (EAs). The broker employs MetaTrader 5 (MT5) as its trading platform, accessible for mobile trading on Android and iOS devices. However, potential customers should exercise caution due to the lack of valid regulation and the presence of negative reviews suggesting involvement in deceptive practices.
Aspect | Information |
Registered Country/Area | Estonia |
Founded year | 2-5 years |
Company Name | Aspida Solutions OÜ Limited |
Regulation | Unregulated |
Minimum Deposit | VIP: $150,000, Platinum: $50,000, Gold: $25,000 , Silver: $10,000 , Basic: $5,000 |
Maximum Leverage | Up to 1:10 |
Spreads | Average spread for EUR/USD: 1.2 pips , Average spread for GBP/JPY: 2.5 pips |
Trading Platforms | MetaTrader 5 (MT5) |
Tradable assets | Spot FX, Forwards, Swaps, CFDs, Options |
Account Types | VIP, Platinum, Gold, Silver, Basic |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Email: support@fx-live.com , Phone: +442038076554 (German) |
Payment Methods | Credit/Debit cards, Bank Transfers, E-wallets |
Educational Tools | Not specified |
FX LIVE is an Estonian-based trading platform operated by Aspida Solutions OÜ Limited. As of now, the company does not have valid regulation, which may raise concerns for potential customers due to the associated risks of dealing with an unregulated broker. Traders should exercise caution and thoroughly research alternatives that adhere to proper regulatory standards to protect their investments.
FX LIVE offers a variety of market instruments, including Spot FX, Forwards, Swaps, CFDs, and Options. These instruments allow traders to speculate on currency price movements, future exchange rates, and exchange interest payments on different currencies.
The platform provides several account types, such as VIP, Platinum, Gold, Silver, and Basic, each offering different leverage levels and requiring varying minimum deposits. The maximum leverage provided is 1:10, allowing traders to amplify their positions.
FX LIVE operates with MetaTrader 5 (MT5) as its sole trading platform, offering advanced trading capabilities and mobile access for both Android and iOS devices. However, potential customers should be aware of reviews and allegations suggesting exposure to pyramid scheme complaints and withdrawal issues, particularly in relation to collaboration with foreign entities to deceive investors.
FX LIVE offers a wide range of trading instruments, including Spot FX, Forwards, Swaps, CFDs, and Options. However, it operates without valid regulation, which poses potential risks for traders. The platform provides various account types with leverage options, but there have been reviews suggesting involvement in pyramid schemes and withdrawal issues. While it offers the advanced MetaTrader 5 platform, customer support options are limited. FX LIVE allows for multiple deposit and withdrawal methods, but the minimum deposits for account types may be high. Additionally, mobile trading is available on Android and iOS, but withdrawal fees may apply. It's important to note that the main website is currently inaccessible, which may raise concerns for potential users.
Pros | Cons |
Offers Spot FX, Forwards, Swaps, CFDs, and Options | Operates without valid regulation, posing potential risks |
Provides multiple account types with leverage | Reviews suggest involvement in pyramid scheme and withdrawal issues |
MetaTrader 5 platform with advanced features | Limited customer support options |
Multiple deposit and withdrawal methods | Minimum deposits for account types may be high |
Mobile trading available on Android and iOS | Withdrawal fees may apply |
Main website inaccessible |
FX LIVE operates without any valid regulation at the moment. It is crucial to exercise caution and be mindful of the associated risks when dealing with an unregulated broker. Potential customers should conduct thorough research and consider alternatives that adhere to proper regulatory standards to ensure the safety of their investments.
Spot FX: FX LIVE provides the fundamental Spot FX trading service, enabling simultaneous buying and selling of various currencies, including major, minor, and exotic ones.
Forwards: FX LIVE offers Forwards, a type of FX derivative that enables traders to lock in future exchange rates for different currencies, with maturities ranging from one day to one year.
Swaps: FX LIVE provides Swaps, an FX derivative enabling traders to exchange interest payments on two currencies, with maturities ranging from one day to one year.
CFDs: FX LIVE offers Contracts for Difference (CFDs), which permit traders to speculate on currency price movements without owning the underlying currencies.
Options: Traders can access Options through FX LIVE, a type of derivative granting the right, but not the obligation, to buy or sell a currency at a predetermined price on or before a specific date. Customizable strike prices and maturities are available to cater to individual trading preferences.
Pros and Cons
Pros | Cons |
Allows traders to access various currency types | Limited information on specific features and benefits of each account type |
Limited information on margin requirements and contract specifications | |
Limited information on trading volume and market depth |
VIP: The VIP account type at FX LIVE offers a maximum leverage of 1:10, requiring a minimum deposit of $150,000. It supports the use of Expert Advisors (EA).
Platinum: FX LIVE's Platinum account type provides a maximum leverage of 1:5 and requires a minimum deposit of $50,000. It also supports the use of Expert Advisors (EA).
Gold: The Gold account type offers a maximum leverage of 1:4 and requires a minimum deposit of $25,000. Traders can use Expert Advisors (EA) with this account.
Silver: FX LIVE's Silver account type provides a maximum leverage of 1:3 and requires a minimum deposit of $10,000. It also supports the use of Expert Advisors (EA).
Basic: The Basic account type at FX LIVE offers a maximum leverage of 1:3 and requires a minimum deposit of $5,000. It supports the use of Expert Advisors (EA).
Pros and Cons
Pros | Cons |
Multiple account types with different leverage | Minimum deposits for some accounts may be high |
Expert Advisors (EA) supported on all accounts | Leverage up to 1:10, too conservative |
FX LIVE provides leverage up to 1:10.
The average spread for major currency pairs, such as EUR/USD, is around 1.2 pips, while for GBP/JPY, it is approximately 2.5 pips. The commission charged is $7 per standard lot traded.
The minimum deposits for FX LIVE accounts are as follows: VIP requires $150,000, Platinum requires $50,000, Gold requires $25,000, Silver requires $10,000, and Basic requires $5,000.
FX LIVE offers a variety of deposit and withdrawal methods, including credit/debit cards, bank transfers, and e-wallets. There are no fees for deposits. Withdrawal fees vary depending on the method used. Processing times are typically 1-3 business days for bank transfers and instant for e-wallets.
FX LIVE provides a single trading platform, MetaTrader 5 (MT5), which offers advanced trading capabilities and features. MT5 allows traders to access various financial markets, including forex, stocks, commodities, and cryptocurrencies. It offers a wide range of technical indicators, charting tools, and order types. The platform supports automated trading with Expert Advisors (EAs) and allows for mobile trading on both Android and iOS devices.
Pros | Cons |
Offers Meta Trader 5, a widely recognized and popular trading platform | Limited variety of trading platforms |
Access to multiple financial markets (forex, stocks, commodities, cryptocurrencies) | Potential risks associated with automated trading (EAs) |
Wide range of technical indicators, charting tools, and order types |
FX LIVE offers customer support through email at support@fx-live.com. Additionally, they provide a German phone line at +442038076554 for customers who prefer to communicate via phone.
FX LIVE's WikiFX review (ID: FX2165038301) on May 22, 2021, at 09:03 reveals exposure to a pyramid scheme complaint and recurring issues with withdrawal. Allegations suggest collaboration with foreigners to deceive Thai investors.
In conclusion, FX LIVE, operated by Aspida Solutions OÜ Limited in Estonia, has several pros and cons. On the positive side, the platform offers a variety of market instruments, including Spot FX, Forwards, Swaps, CFDs, and Options, catering to diverse trading preferences. They also provide different account types with varying leverage options. Additionally, FX LIVE offers the MetaTrader 5 (MT5) trading platform, which supports advanced trading capabilities and automated trading with Expert Advisors (EAs). On the negative side, FX LIVE lacks valid regulation, posing risks for potential customers. Additionally, the company has received complaints regarding a pyramid scheme and withdrawal issues, which raises concerns about its trustworthiness. Traders should exercise caution, conduct thorough research, and consider regulated alternatives to ensure the safety of their investments.
Q: Is FX LIVE a legitimate company?
A: FX LIVE currently operates without valid regulation, so it's essential to exercise caution and consider the associated risks when dealing with an unregulated broker. Conduct thorough research and consider regulated alternatives for safety.
Q: What market instruments does FX LIVE offer?
A: FX LIVE provides Spot FX trading for various currencies, Forwards, Swaps, CFDs, and Options with customizable strike prices and maturities.
Q: What are the different account types at FX LIVE?
A: FX LIVE offers VIP, Platinum, Gold, Silver, and Basic accounts, each with different leverage ratios and minimum deposit requirements.
Q: What is the maximum leverage provided by FX LIVE?
A: FX LIVE offers leverage up to 1:10.
Q: What are the average spreads and commissions?
A: The average spread for major currency pairs is around 1.2 pips, and the commission is $7 per standard lot traded.
Q: What are the minimum deposit requirements for FX LIVE accounts?
A: The minimum deposit requirements are: VIP - $150,000, Platinum - $50,000, Gold - $25,000, Silver - $10,000, and Basic - $5,000.
Q: What deposit and withdrawal methods are available?
A: FX LIVE offers various methods, including credit/debit cards, bank transfers, and e-wallets, with no fees for deposits. Withdrawal fees vary, and processing times differ based on the method used.
Q: What trading platform does FX LIVE provide?
A: FX LIVE offers MetaTrader 5 (MT5), which supports advanced trading, multiple financial markets, technical indicators, and automated trading with Expert Advisors (EAs) on Android and iOS devices.
Q: How can I contact FX LIVE customer support?
A: You can reach FX LIVE customer support via email at support@fx-live.com or through the German phone line at +442038076554.
Q: Are there any reviews of FX LIVE available?
A: A WikiFX review (ID: FX2165038301) on May 22, 2021, reveals concerns about a pyramid scheme complaint and issues with withdrawal, along with allegations of collaboration with foreigners to deceive Thai investors.