Live Trade FX has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal request from Live Trade FX has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Comprehensive tools|Full transparency
Cons: Search feature is basic|Alert system is basic
After since mid-2025 with Live Trade FX I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Multiple order types|Economic calendar|Regular platform improvements
Cons: Live chat only during business hours|Limited social trading features
Do not use Live Trade FX for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Social trading features|Fast execution|Wide product range|Fast deposits
Cons: Wait times can be long during peak hours|No live chat on mobile
The platform at Live Trade FX is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: Fast execution|Multi-currency support|Dedicated account manager|Responsive team
Cons: Email notifications too frequent
The hidden fees at Live Trade FX are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Economic calendar|Detailed reporting|Competitive fees|Clear documentation
Cons: None so far
Opened my account with Live Trade FX based on a colleague's recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Professional team|Good analytical tools|Portfolio tracking tools|Copy trading available
Cons: Spreads widen during volatile periods
Live Trade FX has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Regular updates|Dividend tracking|Stable platform
Cons: Spreads widen during volatile periods|Would like more payment methods
The onboarding at Live Trade FX was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Comprehensive tools|Professional team|Market news feed|Copy trading available
Cons: Limited ETF selection
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I lost a significant amount because Live Trade FX did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Educational resources|Multi-device support|Two-factor authentication|Instant funding
Cons: Limited demo account features|Spreads widen during volatile periods