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FxBay Live

Saint Vincent and the Grenadines|5-10 years|
MT5 Full License|Regional Brokers|High potential risk|

https://fxbaylive.com

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

FxBay-Demo

Germany
MT5
2

Influence

C

Influence index NO.1

India 4.06

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
FxBay-Demo MT5
Server Location Germany

Influence

Influence

C

Influence index NO.1

India 4.06

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 7452240979
support@finfx.com
https://fxbaylive.com

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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Contact number

English

+44 7452240979

Broker Information

More

Company Name

FxBay Live Limited

Company Abbreviation

FxBay Live

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-06-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FxBay Live · WikiFX Survey

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FxBay Live · Company Summary

basic-info

General Information

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.

Market Instruments

With the FxBay Live platform, five classes of trading instruments can be traded, including Forex, Metals, CFDs, Commodities, Indices.

Account Types

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.

account-types

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.

account

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.

Leverage

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.

Trading Platform

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.

Payment Methods

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.

payment-methods

Customer Support

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

Email: support@fxbaylive.com

A Contact Form

Risk Warning

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.

User Reviews

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Yueh
more than one year
Scammers located in Saint Vincent and the Grenadines, here's a lot of corruption and scammers, they paying part to Politicians in Saint Vincent and the Grenadines and they cover them, protect them...
2022-12-14 15:31
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0
0
Korkiat64424315
more than one year
I would have liked to try out the broker's services risk-free by opening a demo account, but this was not an option. Think twice before entrusting your money to this broker.
2022-12-11 16:18
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0
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