About fxmaster.live
Who Is fxmaster.live?
fxmaster.live is a domain registered in the United Kingdom, established on October 23, 2020, according to public registration records. However, our review found that the website does not operate as a retail forex brokerage. Instead, the site promotes a paid educational course called the 'Forex Master Course', offered by SWIC Trading in partnership with Impact Hub Aruba.
The entity is not listed on any financial regulatory register, and no regulatory oversight is evident from the information available. FXCanary’s assessment places its scam risk score at 48/100 (Guarded), reflecting the absence of regulation and the lack of a clear brokerage offering.
Regulatory Status
fxmaster.live has no registered financial regulators. The UK registration alone does not imply authorization to offer financial services; it is merely a company incorporation. Without a licence from bodies such as the FCA or equivalent, there is no independent oversight of the entity’s activities.
Traders should be aware that engaging with an unregistered entity carries inherent risks, including limited recourse in case of disputes. FXCanary strongly advises verifying any financial service provider’s regulatory status before committing funds.
Services and Offering
Based on the website, fxmaster.live does not offer trading accounts, platforms, or financial instruments. The sole offering is a forex trading course priced at $1,000 USD, with a limited class size of eight participants. The course is advertised as suitable for beginners and includes live trading sessions.
The website does not provide information on deposit methods, account types, or trading conditions typically associated with a forex broker. This further distinguishes fxmaster.live from a retail trading service.
Target Audience
The course appears aimed at individuals in Aruba or the wider Caribbean region, given the location and languages used (Papiamento, Spanish, English). It targets beginners with basic computer experience who wish to learn forex trading through a structured program.
There is no indication that fxmaster.live caters to experienced traders or those seeking to open a live trading account. The website explicitly states registration is closed, suggesting limited or sporadic availability.
Limitations and Considerations
As an unregulated educational service, fxmaster.live does not offer the protections and transparency expected of a regulated broker. The course fee of $1,000 USD represents a financial commitment with no guarantee of outcomes. Potential participants should conduct thorough due diligence, including verifying the credentials of the facilitator and the organisers.
FXCanary notes the lack of independent reviews or verifiable testimonials. The website’s limited information makes it difficult to assess the quality or legitimacy of the course. Traders should exercise caution when dealing with any financial education provider that is not formally regulated.
Conclusion from Available Data
Based on the known facts and web results, fxmaster.live is not a forex broker but an educational entity offering a trading course. Its UK registration provides no financial regulatory oversight. The guarded risk score reflects these factors.
Traders seeking a regulated forex broker should look elsewhere. Those interested in the course should independently verify all claims and consider the lack of regulatory protection. FXCanary will continue to monitor for any changes to this entity’s status or offering.
Overview compiled by FXCanary from regulatory records and public data. full fxmaster.live review