FxLive Pro Options

FxLive Pro Options is an online trading platform based in the United Kingdom, founded on November 5, 2020. The registered address is 9-13 Devonshire Rd, Forest Hill, London SE23 3HA. The platform describes itself as a profitable trading service offering access to binary futures, foreign exchange, exchange-traded funds, and stocks.

Despite a stated establishment year of 2010 on the company's description, public records indicate incorporation in 2020. The broker claims to have processed over 2 million transactions and to be highly recognised by its clients. As of this review, no independent user reviews are available to corroborate these claims.

Our records indicate that FxLive Pro Options holds no regulatory licences from any recognised financial authority. The broker's own website claims regulation by the Financial Market Relations Regulation Center (FMRRC) in Russia under number TSRF RU 0295 AA Vv0224, but this is not verified in our regulatory database.

Traders should exercise caution: the absence of a verifiable regulatory licence from a major jurisdiction such as the FCA, CySEC, or ASIC significantly reduces the level of investor protection. In FXCanary's assessment, regulatory uncertainty is a key risk factor for this broker.

FxLive Pro Options offers four account tiers: EXECUTIVE, PRO, BASIC, and STARTER. The EXECUTIVE account requires a minimum deposit of $10,000, the PRO account $5,000, the BASIC account $1,000, and the STARTER account $300. Maximum leverage is not disclosed for any account type.

These high entry barriers, especially for the EXECUTIVE and PRO accounts, suggest the broker targets high-net-worth or experienced traders. However, the lack of information on spreads, commissions, and leverage makes it difficult to assess trading conditions. Potential clients should seek full disclosure before committing funds.

According to the company description, FxLive Pro Options provides trading in binary futures, foreign exchange (forex), exchange-traded funds (ETFs), and stocks. No specific details are given about the trading platform (e.g., MetaTrader, proprietary software) or execution methods.

This broad instrument range caters to traders seeking diversification in a single account. However, the mention of binary futures trading is noteworthy, as binary options are banned or heavily restricted in many jurisdictions due to high risk and fraud concerns. Traders should verify the legal status of such products in their country of residence.

FxLive Pro Options appears to target both retail and professional investors, given its wide range of account sizes. The minimal public information and lack of independent reviews make it difficult to assess the broker's reliability or quality of service.

FXCanary assigns a Scam Risk Score of 43/100 (Guarded), reflecting the unregulated status and discrepancies in the broker's claimed history. Traders are advised to conduct thorough due diligence, including verifying regulatory claims with the relevant authorities, before opening an account.

No detailed information is available regarding deposit methods, withdrawal procedures, or fees from the known facts. The broker's website may mention payment options, but these are not included in our records.

Prospective clients should directly request clear documentation on funding and withdrawal policies, including any processing times and associated costs. The absence of transparent information on financial operations is a red flag for any trading platform.

In summary, FxLive Pro Options is a UK-registered online trading platform with unverified regulatory claims and limited public information. Its high minimum deposits and risky product offerings require cautious consideration.

We recommend that traders treat this broker with extreme caution and only invest funds they are willing to lose. Independent verification of all claims is essential before engaging with the platform.