An investor needs to know about a broker before starting to trade with a new broker. If you are planning to trade with FX Live Trade Pro, you should read this comprehensive FX Live Trade Pro review. Scam Help Center Team suspects Fxlivetradepro.com as a fraudulent broker. Read the details here.
Website – https://www.fxlivetradepro.com/
Website Availability – No
Address – 12 Kensington Gardens Ferryhill DL17 USA
Blacklisted Status – Australian Securities and Investments Commission (Australia)
Domain Age Information –
- Domain Name: FXLIVETRADEPRO.COM
- Registry Domain ID: 2803711294_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois.dynadot.com
- Registrar URL: http://www.dynadot.com
- Updated Date: 2024-01-01T09:36:29Z
- Creation Date: 2023-08-06T00:53:35Z
- Registry Expiry Date: 2024-08-06T00:53:35Z
Fraudulent Activities of FX Live Trade Pro broker
There are rumors that FX Live Trade Pro is a fraud. Right now, https://www.fxlivetradepro.com/ is not accessible. The address that the corporation lists as 12 Kensington Gardens, Ferryhill DL17, USA is probably a fake. Significant doubts concerning FX Live Trade Pro’s credibility have also been raised by the Australian Securities and Investments Commission’s (ASIC) blacklisting of the company. It is urged that prospective investors proceed with care and stay away from this organization. If you have been impacted, you should think about reporting the occurrence to the appropriate authorities and asking for help if money may be recovered.
Negative Reviews and Red Flags
A key consideration in assessing the reliability of FX Live Trade Pro is the frequency of negative FX Live Trade Pro reviews on various platforms. These reviews frequently attract attention to concerns like withdrawal difficulties, unhelpful customer service, false information, and obvious deceit. Due to the many negative FX Live Trade Pro reviews, which highlight the risks involved in trading on the platform, prospective investors are advised to proceed with care and look into other, more reliable brokers.
Looking to invest safely? Choose a licensed broker and avoid these fraudulent brokers 2024.
Regulatory Warnings and Their Significance
The most significant indicator of potential deceit is the lack of regulatory supervision, either completely or insufficiently. Regulatory bodies such as the SEC, FCA, FINMA, ASIC, BaFin, FMA, CONSOB, and others issue warnings against unlicensed brokers operating without recognized financial norms. Examine the regulatory warnings to confirm the legitimacy of Fxlivetradepro.com’s operations and the safety of investor funds.
Having a regulatory license adds another level of safety for traders by guaranteeing that the broker complies with strict guidelines including sufficient capital, transparency, and ethical conduct. It gives investors a safety net in case of disagreements or misconduct, which is lacking when working with unregulated businesses.
Why Is Trading with an Unlicensed/Unregulated Broker’s Platform Not Preferable?
Due to the high risks involved, trading on an unregistered broker’s platform is not recommended.
- Money might not be separated, which would make it more susceptible to loss in the case of the broker’s bankruptcy or financial mismanagement.
- Transparency is sometimes lacking in operations, which leaves traders vulnerable to false information and unstated costs.
- The entire trading experience is undermined by generally worse service quality, poor customer assistance, and antiquated trading systems.
- Selecting a registered broker guarantees compliance with regulations that protect investors and advance a safer and more open trading environment.
Other possible fraudulent activities of FX Live Trade Pro broker
FX Live Trade Pro seems not fair to the investors as they complain about the withdrawal issues, unfulfilled bonus policies, and other assured benefits
FX Live Trade Pro offers assets that are highly risky and result in huge losses of investors.
Fxlivetradepro.com sales staff continues to call the investors and force them to invest more and more money.
Final Conclusion- Is FX Live Trade Pro a fraudulent or legit broker?
Based on the regulatory warnings and negative reviews surrounding FX Live Trade Pro, it appears to lean towards the classification of a potential deceit. It is recommended that investors proceed with utmost caution and consider other brokers that have legitimate regulatory licenses and good standing in the trading community.
Concerned about potential deceit? Protect yourself from fraudulent brokers by getting a free consultation.
Got Scammed by FX Live Trade Pro? Scam Help Center Is Your Solution for a Refund!
For victims of Fxlivetradepro.com, getting help through platforms like the Scam Help Center is important. If you suspect deceit, filing a chargeback might help you get your funds back. To successfully enhance your case and speed up the recovery procedure, take immediate action and document everything thoroughly.
Find out more about your chargeback rights and available solutions. Contact us for expert guidance.
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