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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.
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.
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.
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.
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.
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.
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.
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.
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.
As of now, Livaxxen has not received any notable awards or recognitions that would validate its standing in the competitive trading landscape.
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.
The company offers trading in stocks from leading global companies, enabling traders to capitalize on market movements without owning the underlying shares.
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.
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.
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.
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.
Livaxxen has stated that it employs SSL encryption to secure client transactions. However, without robust regulatory oversight, the effectiveness of these measures remains questionable.
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.
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.
Livaxxen competes with several other brokers in the online trading space. Some of its main competitors include:
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.
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.
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.