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Live Cent FX

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Operating status: SCAM

Website: https://livecentfx.com/

Broker violations and abnormal records
  • 2023-12-27 BrokersView has reviewed that Live Cent FX is an Unregulated Forex Broker

    Live Cent FX claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 

    The truth is that Live Cent FX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Live Cent FX is a scam.

    Live Cent FX claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The truth is that Live Cent FX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Live Cent FX is a scam.

Related Complaints

Q&A

What can I do if I wanna know Live Cent FX's regulatory information?

vincent Khan
Latvia
2024-01-08
ANSWER Thanks for asking us BrokersView for Live Cent FX's regulatory information. Our research suggested that it is not a licensed trading platform.Despite its claim of being established in 2014, its domain name, livecentfx.com, was first registered in June 2022. This inconsistency raises questions about its legitimacy. The website does not provide any information about its licenses or company profiles. The only means of communication provided for customers are an email address and a "Contact Us" web form, which leaves the initiation of communication entirely in their hands. If the platform were to cease operations, these contact methods would disappear as well.Given its non-compliance and limited communication channels, Live Cent FX does not appear to be a secure trading platform for investors. Without regulatory oversight, individuals interacting with this platform are at risk of fraud and identity theft. To mitigate such risks, we recommend investors to avoid unlicensed trading platforms like Live Cent FX and instead opt for fully regulated ones.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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