245LIVETRADE

245LIVETRADE is a financial services entity registered in the United States, specifically at 77 Massachusetts Ave, Cambridge, Massachusetts. According to public records, the company was founded on October 18, 2022. However, our review found limited publicly available information about its operations, products, or services.

As an editorial desk, we note that the broker does not appear on any regulatory registries: our cross-checks against major financial authorities such as the SEC, CFTC, or NFA yielded no listing for this entity. This absence is a significant factor for any trader considering engagement. Without regulatory oversight, the protections typically afforded to clients—such as segregated accounts or compensation schemes—are not guaranteed.

Our records confirm that 245LIVETRADE holds no regulatory licences from any recognised financial authority. The company is registered in the United States, but registration as a business entity does not equate to regulatory authorisation to offer financial services such as forex or CFD trading.

In FXCanary's assessment, the lack of regulation is a critical risk indicator. Unregulated brokers operate outside the framework of investor protection laws, meaning clients may have limited recourse in the event of disputes or financial loss. We advise extreme caution when dealing with any entity that does not provide verifiable regulatory credentials.

245LIVETRADE lists its registered address at 77 Massachusetts Ave, Cambridge, Massachusetts. This address is notable as it is also the location of the Massachusetts Institute of Technology (MIT), a prestigious educational institution. However, there is no evidence to suggest any official affiliation between 245LIVETRADE and MIT. Such address sharing is not uncommon in business registrations and does not confer any credibility or endorsement.

The company was incorporated in 2022, making it relatively new in the financial services landscape. Newer entities often face additional scrutiny, especially when offering high-risk products like leveraged forex or CFDs, as they may lack an established track record.

Due to the absence of an official website or detailed marketing materials in our sources, we cannot reliably describe the specific products or services offered by 245LIVETRADE. The broker's name suggests a possible focus on live trading, but without corroborating evidence, this remains speculative.

Traders considering this broker should seek direct information from the company itself, but our independent research has not been able to verify any claimed offerings. The lack of transparency around trading platforms, account types, or market instruments is a major concern.

Given the limited information, it is unclear what target audience 245LIVETRADE aims to serve. The name implies retail traders, but we cannot confirm any specific client focus. Unregulated brokers sometimes target inexperienced traders who may not be aware of the risks associated with unlicensed entities.

In FXCanary's view, any trader—regardless of experience level—should exercise heightened caution when dealing with a broker that does not provide clear regulatory disclosure and transparent operational details.

Our FXCanary Scam Risk Score for 245LIVETRADE is 49 out of 100, which falls into the 'Guarded' category. This score reflects the significant risk posed by the complete absence of regulatory oversight and the paucity of verifiable public information about the broker.

This 'Guarded' rating indicates that while we have not identified an active scam, the broker does not meet the minimum standards we expect for safe trading. We strongly recommend that traders only consider regulated brokers and thoroughly research any entity before depositing funds.