WallStreet Forex Robot 3.0
PF Win More Trade - Try For Free

FX Live Capital Review (fxlivecapital.com Scam or Legit?)

FX Live Capital is the name of a broker that is offering financial services without appropriate licensing. FX Live Capital is based in Saint Vincent and the Grenadines (SVG) and claiming to be a true global broker.

FX Live Capital Review

Contents

FX Live Capital – Scam or Not?

It is not correct for this broker to say that they are a true global broker when they cannot be found in any regulatory database. They provided an address in SVG but that does not make it legitimate. In fact, nearly every scammer out there has a SVG company incorporated under their name.

FX Live Capital holds no license whatsoever. And if they are unregulated, they have no business providing any kind of financial services to clients.

But this does not seem to bother them since they appear to target less informed traders.

Check this page to get the latest broker recommendations as we only choose the very best and reliable Forex brokers, not cheap scams.

DID YOU KNOW: Traders can now protect their account from losing trade using AvaProtect. This complete unique advantage gives traders full protection against losses on any trade position of up to one million dollars. AvaProtect gives traders the ability to trade events without fear of unpredictable market movements. You will gain this unprecedented advantage when you sign-up with AvaTrade. From there, you can choose protection periods of 1, 3, 6, or 12 hours as well as 1- to 2-day periods. Profit when the market goes in your direction, and if the market moves against you, AvaTrade will pay back your losses! Protect your funds from runaway loses, make bigger trades - you can just undo it. No download is needed, no API needed, all you need is to sign- up with avatrade, fund your account with a minimum of $100, select AvaProtect from your dashboard and choose protection period anytime you want to open a trade. If market moves against you, AvaProtect will pay back your losses direct to your account balance. AvaProtect will reimburse you in full for any loss you may incur during the protected time period up to a million dollar! Never fear volatility - when you have AvaProtect. Get your money back!

Protect Your Trades Now

FX Live  Capital Features

FX ive Capital is a Forex and CFD broker that offers various account types, over 150+ trading products and access to multiple trading platforms including metatrader 4. It claims to be a multi-award winning Forex and commodities broker that offers both retail and institutional clients trading services and facilities.

FX Live Capital Features

Breakdown

  • Broker type: Forex and CFD broker
  • Location: SVG
  • Platforms: MT4
  • Regulated: No
  • Minimum deposit: $100
  • Leverage: Up to 1:500

Its offers constitutes of 3 account types with minimum deposit of $100. EURUSD spreads start from 1.6 on the Classic account with a leverage of 1:500. The Professional account type offers spreads from 0.1 with a maximum leverage of 1:100. The Business account maintains spreads from 0.8 with leverage capped at 1:500.

All their account types are denominated in USD currency. They maintain a common minimum trade size of 0.01 Lot with trade size increment of 0.01. Maximum total trade size is 1000 Lots and a personal account manager is present across all account types. In addition to these, the business account seems to offer an affiliate programe scheme where traders can earn by referrals.

FX Live Capital Business Account

There is also a Social trading account for strategy providers and followers with a performance fee up to 50%.

High leverage

FX Live Capital offers leverages up to 1:500 which are significantly higher than the levels most financial regulators deem appropriate.

Needless to say, a high leverage offers great opportunity together with a quick way to wipe out your account (especially with high volatility).

In some jurisdictions, leverage is limited to 100:1, 50:1, or even lower. This should be more than enough and many traders don’t pass the 10:1 leverage level.

FX Live Capital License

By their own admission, FX Live Capital is a broker that offers both retail and institutional clients trading services. It offers investment services to the public, therefore it needs authorizations from financial regulators.

As it is supposed to receive money injection from the public, it is required by the law to have an authorization from any of the top tier financial watchdogs including FCA in UK, CySEC in Europe, US SEC or from ASIC in australia.

But FX Live Capital is not registered with any financial registrars, therefore it is an illegal investment service. Deposits are not protected in any way and the company is breaking the law. This is a huge red flag.

FX Live Capital Review Conclusion – Verdict

FX Live Capital is to be avoided because they are not regulated and secondly, they are of no reputation. I am yet to find a successful trader who used their platform to trade the Forex market.

But chances are that they will scam traders rather than provide a proper trading environment where everybody can thrive in.

In short, FX Live Capital is an unauthorized and illegal investment service and a scam. All money you deposit with this fraudulent platform will be lost. Stay away from it.

 

FX Live Capital Review Summary

$100
2.4

Asset

4.0/10

Transparency

1.0/10

Platform

3.0/10

Registration/License

1.0/10

Minimum deposit

3.0/10

Pros

  • Average minimum deposit
  • Metatrader4
  • Low spreads

Cons

  • Unlicensed
  • Poor transparency
  • High leverages

100% Verified Investment Services

BrokersFree DemoRegulationsMinimum DepositLink
YesCySEC$10
EtoroYesCySEC, FCA$200
Fusion MarketsYesASICAny Amount
XM BrokerYesCySEC, ASIC, FCA, IFSC$5
BDswissYesCySEC, US NFA, FSC$100

1 thought on “FX Live Capital Review (fxlivecapital.com Scam or Legit?)”

  1. Yo si creo que es una estafa yo e invertido mas 2000 librA al prinsipio paresia que iva bien y luego ya dejsron de cogerme el telef alli ya me di cuenta

Leave a Comment

Your email address will not be published. Required fields are marked *