Brokers  /  Bingxlive

Bingxlive

High risk
🇬🇧 United Kingdom · 1-2 years · since 2025-03-27 · Bingxlive
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.26/10
Trustpilot/5
Forex Peace Army/5
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No sign that Bingxlive actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
56
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 16 months old
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age7215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBingxlive
Headquarters🇬🇧 United Kingdom
Founded2025-03-27
Years operating1-2 years
Employees0
Official websitebingxlive.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Bingxlive is a newly registered entity with no regulatory oversight and minimal public information, resulting in an elevated scam risk score of 56/100. The lack of independent user reviews and verifiable data suggests that traders should exercise extreme caution or avoid this broker altogether.

Not for
  • Traders seeking regulated brokers
  • Investors requiring transparency and disclosure
  • Anyone with a low risk tolerance
Period:

Real user reviews

Similar brokers

About Bingxlive

Company Overview

Bingxlive is a financial services entity registered in the United Kingdom, according to its incorporation record. The company was founded on March 27, 2025, as indicated by its registration date. However, aside from these basic corporate details, there is very little publicly available information about its operations, leadership, or business focus.

Given the recent founding date and the absence of regulatory licences on file, Bingxlive appears to be a newly established firm with minimal transparency. Traders seeking to engage with this entity should be aware that it does not hold any known authorisation from major financial regulators, which significantly reduces the level of investor protection available.

Regulatory Status

Our records show that Bingxlive does not have any regulators on file. This means that the company is not currently licensed or authorised by any recognised financial supervisory authority, such as the UK's Financial Conduct Authority (FCA) or other major watchdogs. The lack of regulation is a critical factor for traders, as it implies that the broker is not subject to standard oversight requirements, including capital adequacy, client fund segregation, or dispute resolution mechanisms.

Without regulatory oversight, clients may have limited recourse in the event of disputes or financial loss. It is essential for traders to verify the regulatory status of any broker before committing funds, and in this case, the absence of regulation represents a significant risk.

Products and Services

There is no official information available regarding the specific products or services offered by Bingxlive. Based solely on its corporate name and domain, it may be associated with online trading or investment services, but this cannot be confirmed. The company's website was not accessible for review at the time of this writing, so details on account types, trading platforms, instruments, or funding methods are absent.

In the absence of verifiable information, it is not possible to determine whether Bingxlive offers retail forex/CFD trading, cryptocurrency exchange, money transfer, or other financial services. Traders are advised to exercise extreme caution and seek comprehensive information before engaging with any unregulated and opaque entity.

Target Audience and Suitability

Given the lack of disclosure, the target audience for Bingxlive remains unclear. The broker may be aiming at retail traders or investors, but without a clear value proposition or regulatory compliance, it is difficult to assess suitability. This entity is likely not appropriate for risk-averse traders or those who prioritise regulatory protection.

In FXCanary's assessment, the combination of a very recent registration, no regulatory oversight, and minimal public information makes Bingxlive a high-risk proposition. Traders should consider this entity only if they fully understand the potential risks and have conducted thorough due diligence beyond what is available in this profile.

Conclusion

Bingxlive presents a case where the available information is extremely limited. The broker was registered in the UK in March 2025, but it lacks any regulatory licences from recognised authorities. This absence of transparency and oversight significantly elevates the risk profile for potential clients.

For traders, the primary takeaway is caution. Without substantiated claims or regulatory backing, it is prudent to avoid this broker until more concrete and verifiable information becomes available. FXCanary's risk score of 56 out of 100 reflects these elevated concerns.

Overview compiled by FXCanary from regulatory records and public data. full Bingxlive review