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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.

tradefxlive's homepage

Pros and Cons

Pros Cons
Instant tradingNot regulated
Various account typesLimited contact channels
Demo accountsLack 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.

No license
Domain information

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❌
Crypto and forex trade

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❌
Emailsupport@tradefxllve.com
Support Ticket System❌
Online Chat❌
Social Media❌
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressNew 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.

FAQs

Is tradefxlive safe?

No, tradefxlive is unregulated, exposing clients to asset security and legal risks.

Does tradefxlive truly offer commission-free trading?

It does not reveal any info on commissions.

What kind of trading platform does tradefxlive offer?

It seems that it only offers a web-based trading platform.

Is tradefxlive good for beginners?

No, tradefxlive is very expensive. It is not suitable for beginners!

Related broker

No Regulation
tradefxlive
Company name:tradefxlive.com
Score
1.54
Website:https://tradefxlive.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.54

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