LiveTraderFX Broker Review

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LiveTraderFX Broker Review


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FAQ

LiveTraderFX Broker Review – Don’t Invest In LiveTraderFX.com Trading Scam

Our first instinct was to report livetraderfx.com as a fraud from the moment we opened the website. Knowing how to look for signs will help you find them everywhere. A fraudulent program called AnyDesk or TeamViewer is required to access your devices by LiveTraderFX.

The initial deposits are made in crypto, which makes tracking transactions difficult. You won’t be disappointed with our LiveTraderFX review.

Furthermore, you can gain more trading knowledge by reading our unbiased reviews of Monafoli, CoinMaxis, and PrimeXBT.

  1. Scam Broker Status: Unregulated
  2. The company is not licensed or regulated.
  3. The scammer’s website is www.livetraderfx.com.
  4. Operational Status: Active Forex Trading Scam
  5. Scam listed by: N/A
  6. Owner of the broker: Live Trader Ltd
  7. Seychelles is the country where the headquarters are located
  8. Year of foundation: 2020
  9. Trading platforms: WebTrader
  10. Mobile Trading is available.
  11. A $250 minimum deposit is required.
  12. Bonuses on deposits: None
  13. Crypto Asset Trading: Bitcoin, Ethereum, and Litecoin
  14. Trading CFDs is an option: Yes, you can trade CFDs
  15. The following trading instruments are available: Forex (FX) / Commodities / Indices / Shares / Cryptocurrencies (Cryptos)
  16. There is no maximum leverage.
  17. Accounts are not available for Islamic accounts.
  18. Live trading accounts are the only ones that offer a free demo account.
  19. US traders are not accepted: This company does not accept US clients.
  20. Scam Broker Verdict: Don’t Invest in It!

LiveTraderFX Regulation – Important Things to Know

We found that the company is a part of Blockchain Group Company, based in Seychelles, but on the other hand, it claims to be owned by Live Trader Ltd.

As neither of these two companies exists, we can only assume that the official headquarters are offshore, away from regulatory oversight.

What’s Wrong With a License?

We discovered that LiveTraderFX is not regulated by the FSA of Seychelles, FCA, ASIC, BaFin, or any other regulator. Investing money is not guaranteed and can easily be used to cover the company’s expenses.

Be careful because you won’t be able to get assistance from any authority body if you have issues.

Where Is LiveTraderFX Trading Scam Active?

LiveTraderFX, a forex brokerage that claims to have been established in 2013, claims to serve clients in over 150 countries. According to the disclaimer, financial services cannot be provided in restricted countries. Any country in the world would qualify.

The most common LiveTraderFX complaints are from:

Residents of these areas should pay special attention!

Broker LiveTraderFX Reviews – The Truth About Broker

Reviews of LiveTraderFX indicate the company has defrauded clients and left them to find a way to recover their losses. For traders to discover that the broker has a Seychelles headquarters, the broker claims to have EU regulations.

We advise avoiding the LiveTraderFX trading scam since withdrawals are nearly impossible once you give your money away.

We want to clarify that Act4Trades, FortFS, and Capital 365 are fraudulent brokerage firms.

Scammed By LiveTraderFX Broker? – Talk To Our Recovery Experts

If you are a victim of the LiveTraderFX scam, please let us know. We would love to hear your story and help you find the best solution. Rather than letting scammers run with your hard-earned money, now is the time to act.

Chat with us online today for a free consultation!

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Online Trading Complaint Form

FAQ Section:

1. Can I Trade Cryptocurrencies And CFDs With LiveTraderFX Broker?

The LiveTraderFX broker offers CFDs as well as crypto trading.

2. What Is The LiveTraderFX Minimum Deposit?

To activate your trading account, you must deposit a minimum of $250.

3. Are My Funds Safe With LiveTraderFX?

Your funds are not safe with LiveTraderFX since the broker is offshore and unregulated.