LIVEOPTIONSFX 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.
Customer support at LIVEOPTIONSFX seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Customizable dashboard|Easy to use platform|Intuitive for beginners
Cons: Limited social trading features
The spread at LIVEOPTIONSFX is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through my accountant's suggestion and initially thought the platform was good - until I started trading seriously.
Pros: Good mobile app|Clear documentation|Great customer service|Comprehensive tools
Cons: Account statements could be more detailed|Inactivity fee applies after 12 months
I experienced a security concern with my LIVEOPTIONSFX account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Detailed reporting|Instant funding
Cons: Spreads widen during volatile periods|Live chat only during business hours
I looked into LIVEOPTIONSFX and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that LIVEOPTIONSFX has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
After doing some research AFTER the fact (I know, I should have done this first), I discovered that LIVEOPTIONSFX is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics