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Live Traders

Severe risk
🇨🇳 China · 5-10 years · since 2020-10-30 · Live traders
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
Visit site ↗
3.7/5
★★★★★ ★★★★★
303 reviews ›
0
Licenses ›
1
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
75/100
Scam risk ›
0
Clone sites ›
▲ 85% positive▼ 13% negative
Independent ratingshow third parties score this broker
WikiFX2.07/10
Trustpilot3.7/5
Forex Peace Army—/5
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Live Traders operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
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 age2215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration458%
Transparency (site/info/social)2210%
Real-user sentiment208%

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 nameLive traders
Headquarters🇨🇳 China
Founded2020-10-30
Years operating5-10 years
Employees0
Official websitelivetraders.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.
Full reviewIn-depth editorial analysis Scam or safe?Risk score & red flags AccountsTypes · min deposit · how to open Deposit & withdrawalMethods · payout reliability

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.67)

The majority of real reviews are positive, with users praising the educational content, live trading rooms, and support for their trading development. However, a significant minority report serious issues including fraudulent billing, hidden fees preventing withdrawals, and difficulty canceling subscriptions. The negative reviews highlight systemic problems with trust and billing practices that outweigh the positive educational feedback for those affected.

Best for
  • Traders seeking comprehensive day trading education
  • Beginners wanting structured courses and live mentorship
Not for
  • Traders who need a regulated broker with investor protection
  • Users sensitive to aggressive billing practices or hidden fees
Period:
What users complain about
What users praise
Where reviewers are from
🇺🇸 US124
🇬🇧 GB15
🇨🇦 CA11
AT3
PT3
RO3
Positive vs negative · last 12 months Pos Neg
Jun
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Real user reviews

Where Live Traders operates

Active across 8 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇺🇸 United States
🇩🇰 Denmark
🇮🇩 Indonesia
🇦🇺 Australia
🇧🇷 Brazil
🇨🇦 Canada
🇮🇳 India
🇵🇭 Philippines

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What Live Traders says about itself as stated by the broker · not independently verified by FXCanary

About Live Traders

According to the company, Live Traders is a trading platform based in China that offers a wide range of market instruments including forex, options, currencies, and stocks. The broker states that it provides live trading rooms during different trading sessions to help traders learn and execute in real time.

Platform and Tools

The broker claims that its designated trading platform, Live Traders App, allows traders to actively participate in real-time trading activities. It states that the platform includes features such as live chat rooms, coaching groups, and swing newsletters to support traders at all levels.

Account and Minimum Deposit

Live Traders says that new traders can start with a minimum deposit of $500. The company does not disclose specific leverage or spreads, focusing instead on the educational value and access to live trading environments.

Products and Services

The broker markets itself primarily as an educational service, offering flagship courses like Professional Trading Strategies (PTS), options trading strategies, and various newsletters. It claims to provide comprehensive training from experienced traders Jared and Anmol, covering topics from market psychology to risk management.

About Live Traders

Overview

Live Traders is a trading education platform founded on October 30, 2020, and based in China. The company provides a range of services including live trading rooms, coaching groups, and educational courses designed for retail traders. Live Traders focuses on instruments such as forex, options, currencies, and stocks, and operates through its proprietary Live Traders App.

Regulation and Safety

Live Traders is not regulated by any financial authority. The company does not hold a verified license from any regulator, which means traders do not benefit from investor protection schemes or oversight typically provided by regulated brokers. The unregulated status is a critical factor for traders considering the platform, as it limits recourse in case of disputes.

Platform and Technology

The designated trading platform is the Live Traders App, which provides access to live trading rooms during different trading sessions. The platform is intended to facilitate real-time trading activity and educational interaction. While the company emphasizes the app's value for training, some users have reported technical bugs and a less-than-optimal experience with third-party webinar software.

Market Instruments

Live Traders offers exposure to multiple asset classes including forex, options, currencies, and stocks. The company does not provide detailed information on the number of instruments available or specific trading conditions such as spreads and leverage. Its focus is on education rather than execution, so traders may need to use other brokers for actual order placement.

Account Types and Minimum Deposit

The broker requires a minimum deposit of $500 to start. There is no information on different account tiers or varying spreads/commissions. The account opening process appears straightforward, but several user reviews mention issues with account management, including IP blocking and difficulties with cancellation of subscriptions.

Customer Feedback Summary

Aggregated industry data shows a Trustpilot rating of 3.2 out of 5 from 302 reviews, while Forex Peace Army reports no rating. Real user reviews are mixed: many praise the educational content, support, and transformative impact on their trading, but a notable minority complain about fraudulent billing, hidden fees, and poor customer service. This divergence suggests that while the education is valued, operational practices have drawn criticism.

Target Audience

Live Traders primarily targets retail traders seeking structured day trading education, especially beginners and those who have struggled with profitability. The platform is less suited for traders who require a regulated broker, low-cost execution, or straightforward subscription management.

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