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Livaxxen Company

  

Livaxxen Company Overview

  

Founding Date and Background

  Livaxxen is a relatively new player in the online trading industry, having been established in 2024. The company aims to provide a broad spectrum of trading services, catering to both novice and experienced traders. Its approach focuses on offering competitive trading conditions and a user-friendly platform.

  

Parent Company/Ownership Structure

  Livaxxen operates under the ownership of Investim Capital Ltd. This structure allows the company to leverage a range of financial services while maintaining a focus on online trading.

  

Headquarters Location

  The headquarters of Livaxxen is located in the Marshall Islands, a jurisdiction known for its offshore financial services. The company's physical office is situated in Wellington, New Zealand, which provides it with a stable operational base.

  

Global Business Scope

  Livaxxen serves a global clientele, excluding residents from the United States and countries under OFAC sanctions. The company offers access to various financial markets, making it an attractive option for traders worldwide.

  

Main Regulatory Bodies

  Livaxxen claims to be regulated by the Mwali International Services Authority (MISA), with a license number of BFX2024039. However, there are significant concerns regarding its regulatory status, as several reviews have categorized it as an unregulated broker, raising red flags about its legitimacy.

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Company History and Development

  

Key Milestones

  Since its inception in 2024, Livaxxen has aimed to position itself as a competitive forex broker. The company has made strides in offering various trading instruments and features, but its regulatory status has been a point of concern.

  

Business Expansion Journey

  Livaxxen has focused on expanding its range of trading instruments and enhancing its trading platform. However, its growth has been hampered by ongoing scrutiny regarding its regulatory compliance and operational practices.

  

Customer Base Growth

  The customer base of Livaxxen has reportedly grown since its launch, but the exact figures are unclear due to the lack of transparency in its operations. User reviews indicate mixed experiences, which may affect future growth prospects.

  

Platform Development History

  Livaxxen offers a proprietary trading platform designed to facilitate seamless trading experiences. The platform includes features such as one-click trading and real-time market data, which are essential for effective trading.

  

Important Awards or Recognitions Received

  As of now, Livaxxen has not received any notable awards or recognitions that would validate its standing in the competitive trading landscape.

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Trading Services Offered

  

Forex Trading Options

  Livaxxen provides access to over 60 currency pairs, including major, minor, and some exotic pairs. This diversity allows traders to engage in various forex trading strategies.

  

Stock Trading Options

  The company offers trading in stocks from leading global companies, enabling traders to capitalize on market movements without owning the underlying shares.

  

CFD Trading Products

  Livaxxen allows trading in Contracts for Difference (CFDs) across various asset classes, including stocks, indices, and commodities. This feature provides traders with the ability to speculate on price movements without owning the underlying assets.

  

Other Financial Instruments

  Livaxxen also offers cryptocurrency trading options, including popular coins such as Bitcoin and Ethereum. Additionally, traders can engage in commodity trading, with options including gold, silver, oil, and agricultural products.

  

Special Services or Unique Advantages

  Livaxxen promotes its platform as having low commission fees, high leverage options (up to 1:400), and no hidden fees on transactions. These features are designed to attract active traders seeking favorable trading conditions.

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Regulatory and Legal Background

  

Detailed Regulatory Information

  Livaxxen claims to be regulated by the Mwali International Services Authority (MISA). However, several reviews have raised concerns about the validity of this claim, indicating that the broker may not be operating under proper regulatory oversight.

  

  As an offshore broker, Livaxxen's legal entity is established in the Marshall Islands, which offers a lax regulatory environment. This structure can pose risks for clients, as it may lack the protections offered by more stringent regulatory bodies.

  

Client Fund Protection Measures

  Livaxxen has stated that it employs SSL encryption to secure client transactions. However, without robust regulatory oversight, the effectiveness of these measures remains questionable.

  

Countries/Regions Served

  The broker serves clients globally, with the notable exception of the United States and countries under OFAC sanctions. This broad reach allows Livaxxen to cater to a diverse range of traders.

  

Compliance History

  Livaxxen's compliance history is marred by warnings from regulatory authorities, including being added to the warning list by the Autorité des Marchés Financiers (AMF) for operating without proper authorization. This has raised significant concerns about the safety of funds entrusted to the broker.

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Competitive Landscape

  

3-5 Main Competitors

  Livaxxen competes with several other brokers in the online trading space. Some of its main competitors include:

  • Forex.com - A well-established forex broker with a strong regulatory framework.
  • IG Group - Known for its extensive range of trading instruments and robust trading platform.
  • eToro - A popular social trading platform that allows users to copy the trades of experienced traders.
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    Positioning in the Industry

      Livaxxen positions itself as a broker that provides high leverage and a wide range of trading instruments. However, its questionable regulatory status and mixed customer reviews hinder its competitive positioning.

      

    Market Differentiation Factors

      Livaxxen's primary differentiation factors include its high leverage options and low commission structure. However, the lack of regulatory oversight and transparency could deter potential clients.

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      In conclusion, while Livaxxen offers a range of trading services and competitive conditions, potential clients should exercise caution due to its questionable regulatory status and mixed reviews. Traders are advised to conduct thorough research and consider the risks before engaging with this broker. For those interested in exploring more about Livaxxen, learn more about their offerings and trading conditions.