FX Live Capital is an offshore broker based in Saint Vincent and the Grenadines. However, it does not have any licenses from any financial regulators.
Forex brokers are required by law to be regulated by the financial watchdogs in the country they are registered. This means they must opt for a license in the land of service.
Leverage
Fx live capital offers traders a variety of leverage. This is a significant and valuable feature, especially for those new to forex trading.
However, a high leverage level can be dangerous and result in losing your initial investment. So it is essential to use a reputable and reliable broker.
One of the most reputable companies to trade with will have a license issued by your country’s financial regulator. This will ensure that you have peace of mind and that your money is safe and secure.
Many shady offshore brokers will try to attract clients with free money or leverage higher than most financial regulators allow. Reading the broker’s terms and conditions carefully, especially the small print, is also a good idea. This will save you a lot of heartache in the future and prevent you from getting scammed.
Trading platform
FX live capital offers trading in various assets, including forex, cryptocurrencies, and commodities. It also provides traders access to advanced tools, personalised support, and strict security.
The platform is available on mobile devices, which can help traders make the most of their time. The site has an extensive news feed and learning platforms, plus a wide range of charting tools.
Its MetaTrader 4, and ProRealTime platforms are popular with traders, as is its low spread pricing. It allows spreads as low as 0.8 pips on EUR/USD.
In addition, IG offers a wide selection of currency pairs and leverages up to 50:1. Its mobile app uses an EQ-patented AI trade bias detection system.
TD Ameritrade is another forex broker with many tradable products, but it’s best known for its equity and options offerings. Its competitive spreads allow clients to trade several currencies on its web and mobile platforms.
Minimum deposit
Fx live capital is a shady offshore broker that uses high leverage to attract clients. The power offered exceeds what most financial regulators deem appropriate for retail traders.
They offer an MT4 desktop platform and a mobile app that allows you to trade on the go. There are also several different account types, including Classic, Professional, and Business accounts.
However, you should be aware that these accounts come with higher leverage than the standard accounts, which can result in a negative balance if your trading activity exceeds your deposit amount.
Traders should never forget this when choosing a Forex broker, as it can be dangerous to trade with leverage when the market is volatile. It is best to open a demo account before making any natural money deposits to learn how to trade and get accustomed to the market.
Customer support
There is no shortage of CFD brokers, but few offer the same customer service, support, or technology as Fx Live Capital. Their multilingual staff is quick to respond and can answer your questions no matter the time of day or night. They even have a mobile trading platform available for those on the go. You can also check out their blog for the latest forex news and tips daily.
They have their proprietary e-learning platform where you can learn everything from technical indicators to trading strategies in a fun and interactive way. This site is also the home of their currency trading platform, which offers the most robust and transparent trade execution in the industry. They also have many market research tools and data, including their proprietary analytics. They are regulated by the UK Financial Conduct Authority and have a solid reputation for being one of the safest and most secure online forex trading platforms around.
Comments are closed, but trackbacks and pingbacks are open.