Since fxtradelives official website (https://fxtradelive.net) cannot be opened for now, we could only piece together the rough picture of this forex broker by gathering some relevant information from other websites.
General Information
Registered in the United Kingdom, fxtradelive presents itself as a forex broker providing a series trading services for both retail and institutional clients. As fxtradelives official website is inaccessible, we were unable to obtain more information about its business operation, leverage, spreads and commissions, and more.
Fxtradelive is quite vague about who runs it and this company does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.
Leverage
No trading leverage can be found anywhere. Since leverage can magnify gains well as losses, it is wise for beginners to choose a smaller size no more than 1:10, and the safest option is 1:1.
Trading Platform
fxtradelive fails to provides its clients with the advanced MT4 or MT5 trading platform, which could be served as further evidence that this forex broker not trustworthy to trade with.
Customer Support
As an unregulated forex broker, fxtradelive offers poor customer service. Traders with any inquiries or trading-related issues can only get in touch with this forex broker through email: info@fxtradelive.com.
Registered Company Address: OFFICE 7, 35-37 LUDGATE HILL, LONDON, CITY OF LONDON, ENGLAND, EC4M 7JN
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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