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FXLiveCapital Review: The Broker Is Regulated But Is It Reliable?

FXLiveCapital review

Trading with unregulated brokers like FxGlory can never end in profits. Sometimes even regulated brokers can pose a threat to your funds. One minute you are excited and depositing your funds seems like an amazing idea, and another minute you are rethinking the whole thing. 

That is why in-depth research is required before committing, which is what our FXLiveCapital review is here for. From head to toe, this fact-checked evaluation uncovers whether or not this broker is a good choice. Learn how to make informed decisions and start trading profitably. 

About FXLiveCapital

As soon as we hear that a broker is from St. Vincent and the Grenadines, our trust level goes way down. Most of the scammers are coming from the Grenadines, which is why no one trusts brokers from there. However, in some particular cases, things are different. 

The FXLiveCapital broker is regulated by an offshore authority. Although we would never recommend an offshore brokerage, this one doesn’t seem dangerous at all. The website looks well-designed and information-rich, which is convenient for traders of all types. 

As a Fxlivecapital trader, you have access to forex, spot metals, spot commodities, indexes, cryptocurrencies, and many more. Other than being both regulated and registered, the broker provides interesting features, so make sure to keep reading our FXLiveCapital review to learn more. 

Company Type Broker
Legal name FxLiveCapital Ltd
Regulation Regulated by the Mwali International Services Authority
Registered in Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont -Kingstown, St. Vincent and the Grenadines
Established 2021
Website fxlivecapital.com
Financial Authorities Warnings
  • No official warnings
Contacts
If a withdrawal is possible Yes
Fees
  • Spreads 0.1, 0.8, 0.5 pips
  • Commission $3 – $5
If Active on Social Media: No
Investor Protection: No
Activity areas United States, United Kingdom, India, Nigeria
Main threats Offshore regulation; No compensation fund;
Main perks Regulated; Variety of features; MT4 and MT5;

Legal Information

The importance of regulation depends on the company you plan on using. With brokerage companies, regulatory oversight is a must, while for prop firms, tools, or similar firms regulation isn’t required.  

With the registration number 884 LLC 2021, FX Live Capital is officially recognized as an International Business Company in St. Vincent & the Grenadines. FxLiveCapital Ltd is authorised and regulated by the MWALI International Services Authority (IBC Regulation ACT 2014 Licence Number: T2023271). 

FXLiveCapital Features

With the many account types, trading software, and tools offered by FxLiveCapital, both individual and institutional customers can trade forex and derivatives online. All Retail, Affiliate, and White Label clients have access to a range of spreads and liquidity via cutting-edge automated trading platforms. 

With the unparalleled selection of account options that FxLiveCapital trading provides, customers can design a unique trading experience that satisfies their unique needs. FxLiveCapital provides all the resources needed for traders of all skill levels to reach their objectives, including enhanced trading environments and extremely quick execution.

The trading platforms include none other than MT4 and MT5. With a wide range of tools and resources, MT4 and MT5 offer a user-friendly interface, interbank liquidity, and fast execution. These features offer the end user several advantages and satisfy many of the most popular trading needs.

FXLiveCapital Plans

FXLC_Zero Commission

  • Spreads from 0.8 pip
  • Deposit $100
  • Account Currency: USD
  • Commission: $0
  • Trading Assets ( FX, Metas, Indices, Commodities, Crypto, Shares )
  • Ultra Fast Executions: <50ms
  • Leverage: Up to 500
  • Minimum trade size: 0.01 Lot
  • Margin Call / Stop out level: 100% / 80%

FXLC_PRO-ECN

  • Spreads from 0.1 pip
  • Deposit $200
  • Commission: $5
  • Trading Assets ( FX, Metas, Indices, Commodities, Crypto, Shares )
  • Ultra Fast Executions: <50ms
  • Leverage: Up to 500
  • Minimum trade size: 0.01 Lot
  • Margin Call / Stop out level: 100% / 80%
  • Account Currency: USD

FXLC_VIP

  • Spreads from 0.5 pip
  • Deposit: $100
  • Commission 3$
  • Trading Assets ( FX, Metas, Indices, Commodities, Crypto, Shares )
  • Ultra Fast Executions: <50ms
  • Leverage: Up to 500
  • Minimum trade size: 0.01 Lot
  • Margin Call / Stop out level: 100% / 80%
  • Account Currency: USD

FXLC_SYNTHETICS

  • Spreads from 0.1 pip
  • Synthetics Instruments
  • Leverage: Up to 500
  • Deposit $0
  • Commission: 0$
  • Minimum trade size: 0.1 Lot
  • Margin Call / Stop out level: 100% / 80%
  • Account Currency: USD

Traders Share Their Experiences

There aren’t many Trustpilot reviews, but according to the 13 comments, the broker has an overall score of 3.9 stars. There is only one 1-star comment that is not complaining about the company directly, instead, he expressed his frustration with the Introducing a Broker program. 

The Reddit users seem to have blacklisted the broker, among many others. While there is no specific mention of FXLiveCapital, the fact that the broker is on the list is concerning. Overall, the reviews available are not enough to rely on and other brokers are a better choice. 

Deposits and Withdrawal Methods

The only accepted payment options are credit/debit cards and stablecoins. They offer a secure payment system that allows you to conveniently make transactions with your card. There are no fees for depositing your funds and the minimum deposit is $100. After you register at the FXLiveCapital login page, you can deposit your funds and start trading. 

As for withdrawals, the specific process and wait time are not explained and there is no mention of fees. Withdrawals are made through the same payment method you used for depositing your funds and bonuses are withdrawable. A part of the bonus is accumulated with each exchanged lot. You can withdraw the full bonus amount if you’ve accrued 100% of it within the allotted time.

Weighing the Pros and Cons

Pros Cons
  1. Regulation
  2. Variety of Features
  3. Different Account Types
  4. MT4 and MT5 Platforms
  1. Offshore Regulation
  2. No Compensation Fund
  3. Mixed Reviews
  4. Limited Payment Options
  5. Unclear Withdrawal Process
  6. Questionable Reputation

Can I Make Money While Trading Online?

Overall, FXLiveCapital seems like a decent choice, even though Mwali regulation is considered offshore. However, some key points to have in mind are that despite their regulatory status, there is no compensation fund, so maybe choosing a more reliable alternative is the way to go. 

So unless you want to end up with brokers like this or Atomic Trade, you need to educate yourself properly, learn about the markets, and create a strategy to be able to succeed. Always make sure to do in-depth research on a company you plan on trading with. 

Learning how to trade can become time-consuming, which is why our bot is an amazing choice. You can skip years of education and become a decision-maker with the help of AI.F. Also, with the ability to process billions of data points to forecast prices, it will provide insightful recommendations on whether to buy or sell. 

There is even more! But to find it out, we recommend trying it for 14 days to see the power yourself. Call us right now and learn more about our analysis bot. 

FAQ Section

What is FXLiveCapital?

FXLiveCapital is a brokerage company based in St. Vincent and the Grenadines.

Is FXLiveCapital Regulated?

Yes, the broker is regulated by the Mwali International Services Authority.

Is FXLiveCapital Safe?

Mwali regulation is offshore and the broker doesn’t offer a compensation fund. Several Reddit users complained and blacklisted the broker, so it’s maybe better to choose a more reliable alternative.

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