FXLiveCapital review: Who is FXLiveCapital broker and why should you avoid it?
- Is FXLiveCapital licensed? Beware of fraud
- Do they have a Tier 1 trading license?
- Is FXLiveCapital a scam?
- FXLiveCapital trading reviews: Trading fraud or opportunity?
- Which trading platforms are available for traders? - Trading software
- FXLive MT4 Platform
- Mobile trading apps for iOS and Android
- Information about prohibited countries
- Victims of FXLiveCapital scam
- FXLiveCapital USA traders
- What products does FXLiveCapital offer you?
- Trading accounts overview: What does the broker offer?
- Demo account - Risk-free environment
- FXLiveCapital withdrawals
- What can victims of FXLiveCapital fraud do?
- FX Live Capital: Video
Broker status | Offshore broker |
Regulated by | No regulation |
Scammers Websites | fxlivecapital.com |
Blacklisted as a Scam by | No Info |
Owned by | FX Live Capital LLC |
Headquarters Country | Saint Vincent and the Grenadines |
Foundation year | 2020 |
Supported Platforms | MT4 |
Minimum Deposit | $100 |
Cryptocurrencies | Forex, indices, commodities, crypto, shares |
Types of Assets | Available – BTC, ETH, XRP |
Maximum Leverage | 1:500 |
Free Demo Account | No |
Is FXLiveCapital licensed? Beware of fraud
FXLiveCapital broker is someone you will never meet. The website looks solid and draws attention to the company. It’s only for a short time.
The disclaimer states that FXLiveCapital has been registered as an LLC with the number 25735 BC2020. However, the regulation section says, “The registration number is 884 LLC 202021.” This is a mismatch in the basic information. This is a red flag right from the beginning. We haven’t found any information about FXLiveCapital’s regulations, even though Regulations is the section’s name.
Do they have a Tier 1 trading license?
It is alleged that the company was registered in Saint Vincent and the Grenadines. This implies that it does not have a license. SVG’s regulatory body, FSA, stated that it does not register Forex or binary options firms. It only registers banks, insurance companies, and pension funds. All other applicants should apply for a license in their country of service.
According to our review, FXLiveCapital Forex broker didn’t do so. As a matter of fact, there is nothing with ASIC, the FCA, BaFin, or any Tier1 regulator.
Is FXLiveCapital a scam?
FXLiveCapital scam broker can be found anywhere. The FXLiveCapital trading scam is not restricted to Sudan, Syria, North Korea, or Saint Vincent and the Grenadines. The list includes every other country, with most FX Live Capital complaints coming from the US, Canada, and Singapore.
FXLiveCapital trading reviews: Trading fraud or opportunity?
FX Live Capital broker does not offer trading opportunities. This scheme does not require a license or recovery funds. You can’t get your money back if you lose it.
Our verdict: Stay away from FX Live Capital scams.
Which trading platforms are available for traders? – Trading software
FX Live Capital’s trading platform, while not being unfair to them, is quite impressive. The company offers MT4 in three versions: a web-based version, a desktop application, and a mobile app.
FXLive MT4 Platform
MT4 and its successor MT5 are the most popular trading software. Each company has its own trading conditions and this can have a significant impact on the outcome of your trades. FXLiveCapital, for example, offers unregulated leverage up to 1:500 that can put your money at risk.
Mobile trading apps for iOS and Android
You can download the MT4 mobile app from the broker’s site to enable FXLiveCapital login. The simplified desktop app will be available on the go.
Information about prohibited countries
FXLiveCapital is prohibited from operating in certain countries. This includes Syria, North Korea, and Saint Vincent, The Grenadines. It’s quite odd that the company doesn’t offer domestic services, even though it is listed in SVG. They might not want to be exposed as a scheme.
Victims of FXLiveCapital scam
FXLiveCapital reviews will show that victims are from all over the world. This fraudulent company knows they don’t have any license to lose and will not stop their schemes.
FXLiveCapital USA traders
FXLiveCapital is different from other firms. This means that FXLiveCapital can accept USA traders.
What products does FXLiveCapital offer you?
FXLiveCapital provides the following trading instruments:
- Forex (currency pair)
- Commodities
- Indices
- Shares
- Crypto
Trading accounts overview: What does the broker offer?
There are two types of FXLiveCapital accounts:
- Classic – $100
- Professional – $500
FXLiveCapital requires a minimum deposit of $100 to open an FXLiveCopyTrader account for social trading. There are two types of accounts: MAM and PAMM.
Chargeback Is Your Solution!
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.
However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
Request a free consultation today by clicking the button below!
Demo account – Risk-free environment
FXLiveCapital Demo is currently unavailable. You will need to pay for it.
FXLiveCapital withdrawals
There are numerous reports of withdrawal problems. This company isn’t legitimate and has no problem stealing money or disappearing. They did exactly that. After they have extorted everything, they will freeze your account and prevent you from accessing your funds.
What can victims of FXLiveCapital fraud do?
Let us know if you believe that FX Live Capital has scammed you. Our chargeback specialists are more than willing to help you with the problem. Let’s chat online now and get the issue resolved before FX Live Capital disappears as many others before.
FXLiveCapital: Video
Below you will find a short video about FXLiveCapital. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about FXLiveCapital!
Related Reviews
FAQ
- Does FXLiveCapital broker allow me to trade CFDs and cryptocurrencies?
FXLiveCapital offers both crypto and CFDs.
- Does FXLiveCapital offer a deposit bonus for opening an account?
FXLiveCapital claims that they offer flexible bonuses for depositing funds.
- Is FXLiveCapital a MetaTrader4 Forex broker?
Yes, FXLiveCapital can be used as an MT4 broker.
- Is FXLiveCapital able to offer a mobile trading platform?
FXLiveCapital offers a mobile trading app for MT4 and MT5.
Comments