tradefxlive Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-02 18:05

Abstract：DropCatch.com 1096 LLC founded Tradefxlive on August 1, 2021. One of the most attractive aspects of Tradefxlive is its simple and quick trading. However, if clients encounter risks, a lack of information can make them feel duped.

tradefxlive information

　　DropCatch.com 1096 LLC founded Tradefxlive on August 1, 2021. One of the most attractive aspects of Tradefxlive is its simple and quick trading. However, if clients encounter risks, a lack of information can make them feel duped.

Pros and Cons

Pros	Cons
Instant trading	Not regulated
Various account types	Limited contact channels
Demo accounts	Lack of transparency

Is tradefxlive Legit？

　　tradefxlive is owned and operated by DropCatch.com 1096 LLC, whose IANA number is 3305. However, we cannot find any information on the The Financial Industry Regulatory Authority（FINRA）and it is also not regulated by AOFA and ASIC.

What Can I Trade on tradefxlive？

　　tradefxlive only offers 3 tradable assets: Forex, cryptos and digital options. Tradefxlive tradable assets are limited, careful selection is necessary if the consumer prefers diversification.

Tradable Instruments	Supported
Forex	✔
Cryptos	✔
Digital options	✔
Commodities	❌
Metals	❌
Energy	❌
Stocks	❌

Account Type

　　tradefxlive offers 5 account types: EXECUTIVE PLAN, PREMUIM PLAN, PRO PLAN, BASIC PLAN, and STARTER PLAN.

　　EXECUTIVE PLAN is suitable for Institutional Traders.

　　PREMUIM PLAN is a good choice for someone who wants to long-term invest.

　　PRO PLAN fits swing traders.

　　BASIC PLAN is suitable for day traders.

　　STARTER PLAN is fit for who are beginners.

Tradefxlive Fees

　　Tradefxlive reveals very limited info on fees. Only info on minimum deposit is available.

Deposit Fee	EXECUTIVE PLAN：$25,000
	PREMUIM PLAN：$10,000
	PRO PLAN：$5,000
	BASIC PLAN：$2,000
	STARTER PLAN：$500

Customer Service

　　tradefxlive doesn't provide 5/24 or 7/24 online customer support, only email: support@tradefxllve.com is available.

Contact Options	Details
Phone	❌
Email	support@tradefxllve.com
Support Ticket System	❌
Online Chat	❌
Social Media	❌
Supported Language	English
Website Language	English
Physical Address	New Brunswick,N. 08904,USA

The Bottom Line

　　Real-time trading is the most popular, but most traders will be cautious due to lack of broker information. Therefore, tradefxlive is best for aggressive traders.