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LivingTradeFX

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Operating status: SCAM

Website: https://livingtradefx.com/

Broker violations and abnormal records
  • 2024-02-25 The CNMV issues a warning about LivingTradeFX

    On February 26, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added LivingTradeFX to its warning list for providing investment services without authorization. https://www.cnmv.es/portal/ResultadoBusqueda.aspx?tipo=1&nombre=LIVINGTRADEFX

    On February 26, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added LivingTradeFX to its warning list for providing investment services without authorization. https://www.cnmv.es/portal/ResultadoBusqueda.aspx?tipo=1&nombre=LIVINGTRADEFX
  • 2024-03-03 BrokersView has reviewed that LivingTradeFX is an unregulated broker

    While LivingTradeFX attempts to portray itself as a reliable forex broker, our investigation suggests that it is an unlicensed entity.

    This company, despite the claims of being located in the UAE, it fails to provide any information regarding its licenses. Our search for this company in the registers of appropriate financial regulators reveals that it hasn't obtained any licenses from them.

    What's more, the Comisión Nacional del Mercado de Valores (CNMV) has added LivingTradeFX to its warning list for providing investment services without authorization.

    In essence, LivingTradeFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    LivingTradeFX appears to be a scam.

    While LivingTradeFX attempts to portray itself as a reliable forex broker, our investigation suggests that it is an unlicensed entity.This company, despite the claims of being located in the UAE, it fails to provide any information regarding its licenses. Our search for this company in the registers of appropriate financial regulators reveals that it hasn't obtained any licenses from them.What's more, the Comisión Nacional del Mercado de Valores (CNMV) has added LivingTradeFX to its warning list for providing investment services without authorization.In essence, LivingTradeFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.LivingTradeFX appears to be a scam.

Related Complaints

Q&A

How long will a LivingTradeFX's demo account expire?

Fadhil Iqbal
India
2024-03-07
ANSWER If you are considering LivingTradeFX, we strongly suggest you avoid this unlicensed trading platform.This platform lacks regulatory information, implying that it is not legally registered or licensed. What's more, its unlicensed provision of financial services has elicited a warning from the Comisión Nacional del Mercado de Valores (CNMV).In light of this, LivingTradeFX is far from a secure option. Investors dealing with it may suffer severe financial losses due to the lack of regulatory supervision. It is highly recommended to steer clear of unlicensed platforms like LivingTradeFX and instead choose 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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