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Saint Vincent and the Grenadines2-5 years
Suspicious Regulatory License
MT4/5 full license
High potential risk
|Risk Management Index||0.00|
No valid regulatory information, please be aware of the risk!
FxBay Live Limited
Platform registered country and region
Saint Vincent and the Grenadines
Pyramid scheme complaint
i was unable to withdraw despite having enough in my account
I start with them buy minimum deposit to try them , nora sharif was my account manager she calls me many time to make me deposit 100,000PHP but i neglect her. i ask her to send me a from to wathdrow my profit , i sent all the documents they ask for then nothing everyday she call me telling me movies about the money then she told me they change the account number & password try to do more money before we send u the profit, i believed that my money is gone on the air & it happened in 3 days my account became 300 $ . i think we have to get an action to stop this scam network, to protect other victims , it can be happen only by writting on websites, i think we can be all one hand to file a case against this company & we make the interpol interfere in this issue to ctach this scam network.
Registered in Saint Vincent and the Grenadines, FxBay Live is a forex broker providing easy access to a massive financial market, Forex, Shares, Cryptocurrencies, Indices. With the Crib Markets platform, investors can get access to four trading accounts: Cent, Classic, Pro and VIP, the minimum deposit to invest with this broker starting at $1.
FxBay Live is the trading name of FxBay Live Limited, an International Business Company registered in St Vincent and the Grenadines with Registration Number: 25690BC2019. This broker is not subject to any regulation, please be aware of the risk.
With the FxBay Live platform, five classes of trading instruments can be traded, including Forex, Metals, CFDs, Commodities, Indices.
FxBay Live provides three types of trading accounts, namely ECN, Pro and VIP. To open an ECN account, clients have to deposit at least $100, which is acceptable for most regular traders. traders who want to try the Pro account need to fund at least $500 and the VIP Account requires $10,000.
How to open an account with FxBay Live？
Opening an account with FxBay Live is an easy and simple process:
1. Click the “Sign Up” link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.
FxBay Live provides flexible leverage options, from 1:1 to 1:500, much higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Spreads & Commissions
With no commission charged, spreads are tightly associated with account types. The minimum spreads provided by the ECN account is from 0.8 pips, with the Pro account from 2 pips, the VIP account from 0.5 pips.
FxBay Live provides access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.
The minimum deposit to invest with Crib Markets is $100, and FxBay Live allows its clients to make a deposit and withdrawal through VISA, MasterCard, Wechat, GiroPay, IDEAL, Masetro, JCB, China Union Pay, Skrill, Neteller, WebMoney, Local Deposit, and more.
FxBay Live can go to the FAQ section to look for some basic answers concerning trading accounts, and if clients are in need of staff service, they can get in touch with this broker through the following contact channels:
Telephone: +44 7452240979
A Contact Form
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
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