Livaxxen Forex Broker

Livaxxen Forex Broker - Comprehensive Information Guide

1. Broker Overview

　　Livaxxen, established in 2024, is an international forex broker that operates under the management of Investim Capital Ltd. The company's headquarters is located in the Marshall Islands, with a primary office situated in Wellington, New Zealand. As a private entity, Livaxxen aims to cater to a diverse clientele, offering services to retail traders seeking high-quality trading conditions and a variety of financial instruments.

　　Since its inception, Livaxxen has focused on providing competitive trading opportunities, particularly for active traders looking for flexibility and a broad range of assets. The broker offers access to various markets, including currencies, stocks, indices, and commodities, with a commitment to enhancing the trading experience through advanced technology and customer support.

　　Livaxxen operates primarily in the retail forex market, allowing individual traders to engage in forex trading, contract for differences (CFDs), and other financial instruments. The broker's business model is designed to accommodate both novice and experienced traders, providing tools and resources to support their trading journey.

2. Regulatory and Compliance Information

　　Livaxxen is regulated by the Mwali International Services Authority (M.I.S.A), with the license number BF X 2024039. This regulatory oversight is essential for ensuring compliance with international financial standards and protecting client funds. The broker's license is valid within the jurisdiction of the Marshall Islands, where it operates.

　　The M.I.S.A. provides a regulatory framework that includes the segregation of client funds, ensuring that traders' capital is kept separate from the broker's operational funds. This policy is crucial for safeguarding client assets and enhancing trust in the broker's operations. However, it is important to note that Livaxxen does not participate in any investor compensation schemes, which could provide additional protection for traders in case of insolvency.

　　Livaxxen adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, requiring clients to verify their identity and provide relevant documentation when opening an account. This process is designed to prevent fraud and ensure the integrity of the trading environment.

3. Trading Products and Services

　　Livaxxen offers a diverse range of trading products, catering to various trading strategies and preferences. The broker provides access to over 900 trading instruments, including:

• Forex Pairs: Livaxxen offers a wide selection of currency pairs, including major, minor, and exotic pairs. Traders can access popular pairs such as EUR/USD, USD/JPY, and GBP/USD.
• CFDs: The broker provides CFDs on various asset classes, including:
• Indices: Traders can engage with major global indices, allowing them to speculate on market movements without trading individual stocks.
• Commodities: Livaxxen offers trading in commodities such as gold, silver, oil, and agricultural products.
• Stocks: The platform provides access to shares from well-known international companies, enabling traders to diversify their portfolios.
• Cryptocurrencies: Livaxxen also supports trading in popular cryptocurrencies, enhancing its product offerings.

　　The broker frequently updates its product offerings to include new instruments, ensuring that clients have access to the latest market opportunities. Livaxxen primarily focuses on retail trading services, providing tools and resources for individual traders.

4. Trading Platforms and Technology

　　Livaxxen supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized in the industry for their advanced features and user-friendly interfaces. The broker also offers a proprietary web-based trading platform designed to enhance the trading experience.

Key Features of Livaxxen's Trading Platforms:

• Real-Time Pricing: The platforms provide live market data, enabling traders to make informed decisions based on the latest price movements.
• One-Click Trading: This feature allows for quick order execution, facilitating rapid responses to market changes.
• Analytical Tools: Livaxxen's platforms come equipped with a variety of charting tools and indicators, aiding traders in technical analysis and strategy development.
• Mobile Trading: The mobile application is available for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.

　　Livaxxen employs robust technology infrastructure to ensure reliable order execution and data security. The broker's servers are strategically located to minimize latency and provide a seamless trading experience. Additionally, the platform supports automated trading through APIs, catering to algorithmic traders.

5. Account Types and Trading Conditions

　　Livaxxen offers several account types tailored to meet the diverse needs of its clients:

• Standard Account: Requires a minimum deposit of $50 and offers competitive spreads with no hidden fees.
• Premium Account: Aimed at more experienced traders, this account requires a minimum deposit of $1,000 and provides additional features such as a personal account manager.
• VIP Account: For high-net-worth individuals, this account demands a minimum deposit of $10,000 and includes exclusive benefits.

Trading Conditions:

• Leverage: Livaxxen offers leverage up to 1:400, allowing traders to amplify their positions. However, this high leverage also increases the risk involved in trading.
• Minimum Trade Size: The minimum trade size starts at 0.01 lots, accommodating both small and large traders.
• Overnight Fees: Livaxxen imposes overnight fees on positions held beyond the trading day, which varies depending on the instrument.

　　The broker's account types provide flexibility for traders, allowing them to choose an account that aligns with their trading strategies and risk tolerance.

6. Fund Management

　　Livaxxen supports a variety of deposit and withdrawal methods, ensuring that clients can manage their funds conveniently. The available methods include:

• Bank Transfers: Traditional bank transfers are supported, allowing for secure transactions.
• Credit/Debit Cards: Clients can deposit funds using major credit and debit cards, facilitating quick transactions.
• Cryptocurrency: Livaxxen accepts cryptocurrency deposits, providing an alternative funding method for tech-savvy traders.

Key Financial Details:

• Minimum Deposit Requirements: The minimum deposit varies by account type, starting from $50 for the standard account.
• Deposit Processing Time: Deposits are typically processed within a few hours to a few days, depending on the method used.
• Withdrawal Methods: Clients can withdraw funds through bank transfers and credit cards, with a withdrawal fee of $25 for bank transfers under $100.
• Withdrawal Processing Time: Withdrawal requests are generally processed on the same business day if submitted before 2:00 PM EET.

　　Livaxxen maintains a clear fee structure, with no hidden charges for deposits. However, it is essential for traders to be aware of inactivity fees, which are applied after three months of no trading activity.

7. Customer Support and Educational Resources

　　Livaxxen is committed to providing excellent customer support to enhance the trading experience for its clients. The broker offers various communication channels, including:

• Email Support: Clients can reach out via email for inquiries and assistance.
• Phone Support: A dedicated phone line is available for immediate assistance.
• Live Chat: Although not always available, the live chat feature allows for quick responses to common queries.

Support Availability:

• Service Hours: Customer support is available Monday to Friday from 9:00 AM to 6:00 PM EET.
• Language Support: Livaxxen primarily supports English, which may limit accessibility for non-English speaking clients.

　　In addition to customer support, Livaxxen provides educational resources to help traders improve their skills. These resources include webinars, tutorials, and market analysis reports, aimed at enhancing traders' understanding of the financial markets.

8. Regional Coverage and Restrictions

　　Livaxxen operates globally, catering to traders from various regions. However, there are specific restrictions in place:

• Primary Markets: The broker serves clients worldwide, with a focus on active traders seeking diverse trading opportunities.
• Restricted Countries: Livaxxen does not accept clients from the United States and countries on the OFAC sanctions list, limiting its market reach.
• Regional Offices: The primary office is located in Wellington, New Zealand, with a registration in the Marshall Islands.

　　While Livaxxen aims to provide comprehensive services, potential clients should be aware of the restrictions that may affect their ability to open accounts or access specific services.

　　In conclusion, Livaxxen presents itself as a versatile broker offering a range of financial products and services. However, potential clients should carefully consider the regulatory landscape, trading conditions, and customer support options before engaging with the platform.