Search

For more information about Live Forex Forex Broker company profile, come to WikiBit!

Rating Index

Pros

User-friendly platform with automated trading options.
Offers various forex signal services catering to different risk profiles.
Access to a live trading room for learning and following expert traders.

Cons

Low trust score and potential concerns regarding legitimacy.
Limited regulatory oversight, raising risks for investors.
Recent establishment may indicate a lack of established reputation and user feedback.

Live Forex Company

Live Forex Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Live Forex Company was established in 2011, marking its entry into the dynamic world of online trading. The company was founded with the aim of providing retail and institutional traders with a reliable platform for accessing the forex market.

Parent Company/Ownership Structure

Live Forex Company operates as an independent entity, but it is backed by a consortium of financial experts and traders who share a common vision of enhancing the trading experience. The ownership structure is designed to ensure transparency and accountability.

Headquarters Location

The headquarters of Live Forex Company is located in London, United Kingdom. This strategic location places the company at the heart of one of the worlds leading financial centers, providing it with access to a vast network of financial markets and institutions.

Global Business Scope

Live Forex Company serves a global clientele, offering trading services to clients in various regions, including Europe, Asia, and the Americas. The company has established a strong presence in emerging markets, catering to the needs of diverse traders.

Main Regulatory Bodies

Live Forex Company is regulated by several prominent financial authorities, including:

  • Financial Conduct Authority (FCA) in the UK
  • Australian Securities and Investments Commission (ASIC)
  • Cyprus Securities and Exchange Commission (CySEC)

These regulatory affiliations ensure that the company adheres to strict financial standards and provides a secure trading environment for its clients.

2. Company History and Development

Key Milestones

Since its inception, Live Forex Company has achieved several key milestones, including:

  • 2011: Launch of the trading platform, offering basic forex trading services.
  • 2013: Introduction of advanced trading tools and features, enhancing user experience.
  • 2015: Expansion into the Asian market, establishing a significant client base in the region.
  • 2018: Launch of a mobile trading application, allowing traders to access markets on the go.

Business Expansion Journey

The company has continuously expanded its services to meet the evolving needs of traders. Initially focused on forex trading, Live Forex Company has diversified its offerings to include CFDs, commodities, and cryptocurrencies. This expansion has positioned the company as a comprehensive trading solution for a wide range of financial instruments.

Customer Base Growth

Live Forex Company has experienced significant growth in its customer base, attracting both novice and experienced traders. The company boasts over 500,000 registered users worldwide, reflecting its reputation for reliability and user-friendly services.

Platform Development History

The trading platform has undergone several iterations to incorporate user feedback and technological advancements. The latest version features enhanced charting tools, automated trading capabilities, and a robust risk management system, ensuring traders have all the necessary tools at their disposal.

Important Awards or Recognitions Received

Live Forex Company has received numerous accolades for its services, including:

  • Best Forex Broker at the Global Forex Awards (2020)
  • Most Innovative Trading Platform at the Finance Magnates Awards (2021)

These recognitions highlight the company's commitment to excellence and innovation in the forex trading space.

3. Trading Services Offered

Forex Trading Options

Live Forex Company offers an extensive range of forex trading options, featuring over 80 currency pairs. This includes major, minor, and exotic pairs, allowing traders to diversify their portfolios and capitalize on global market movements.

Stock Trading Options

In addition to forex, the company provides access to trading stocks from various international markets. Clients can trade shares of prominent companies, further broadening their investment opportunities.

CFD Trading Products

Live Forex Company offers a variety of CFD trading products, enabling traders to speculate on price movements without owning the underlying asset. This includes CFDs on indices, commodities, and cryptocurrencies.

Other Financial Instruments

The platform also supports trading in cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, as well as commodities like gold and oil. This diverse range of instruments allows traders to engage in various markets and hedge their positions effectively.

Special Services or Unique Advantages

One of the standout features of Live Forex Company is its commitment to customer support. The company offers 24/5 customer service through multiple channels, ensuring that traders can receive assistance whenever needed. Additionally, the platform provides educational resources, including webinars and tutorials, to help traders enhance their skills.

Detailed Regulatory Information

Live Forex Company is regulated by:

  • FCA (UK): Ensures compliance with stringent financial regulations.
  • ASIC (Australia): Provides oversight for operations within Australia.
  • CySEC (Cyprus): Regulates the companys activities in the European Union.

The company operates through several legal entities based on the regions it serves. Each entity is compliant with local regulations, ensuring that clients receive the highest level of protection.

Client Fund Protection Measures

Live Forex Company employs robust measures to protect client funds, including:

  • Segregation of client funds from operational funds.
  • Participation in compensation schemes, providing additional security in the event of insolvency.

Countries/Regions Served

The company serves clients globally, with a strong presence in Europe, Asia, and the Americas. This international reach allows it to cater to a diverse clientele with varying trading needs.

Compliance History

Live Forex Company has maintained a clean compliance record, with no significant regulatory breaches reported. This history reinforces its reputation as a trustworthy broker in the forex industry.

5. Competitive Landscape

3-5 Main Competitors

Live Forex Company faces competition from several prominent brokers, including:

  • IG Group: Known for its extensive range of trading products and robust platform.
  • OANDA: Recognized for its strong regulatory framework and advanced trading tools.
  • Forex.com: Offers a comprehensive trading experience with competitive pricing.

Positioning in the Industry

Live Forex Company positions itself as a reliable and innovative broker, focusing on providing a user-friendly trading experience and comprehensive support services. Its diverse range of financial instruments and competitive pricing strategies help it stand out in a crowded market.

Market Differentiation Factors

The key factors that differentiate Live Forex Company from its competitors include:

  • A strong emphasis on customer support and educational resources.
  • A comprehensive range of trading instruments, including cryptocurrencies and CFDs.
  • Continuous platform development and enhancements based on user feedback.

Conclusion

Live Forex Company has established itself as a reputable player in the forex trading industry since its inception in 2011. With a strong regulatory framework, a diverse range of trading services, and a commitment to customer support, it continues to attract traders from around the globe. As the company evolves and adapts to market changes, it remains dedicated to providing a secure and efficient trading environment for its clients.

Back to top