PLUSLIVEX

PlusliveX is an online trading broker registered in the United Kingdom, founded on 29 November 2024 according to official records, although its website claims a founding year of 2015. The broker operates through the domain pluslivex.com and presents itself as a provider of multi-asset trading services, including forex, commodities, indices, bonds, and cryptocurrencies.

As of the time of this review, PlusliveX does not hold any known regulatory licences from financial authorities. This absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight by a recognised financial regulator such as the FCA or CySEC.

According to its website, PlusliveX offers a wide range of trading instruments, covering major asset classes. These include forex pairs, energy commodities like oil and natural gas, precious metals such as gold and silver, stock indices, government bonds, and cryptocurrencies like Bitcoin. The broker also mentions shares trading, though specific details on available stocks are limited.

The instruments are offered as contracts for difference (CFDs), allowing traders to speculate on price movements without owning the underlying asset. The broker's website highlights the liquidity and global reach of these markets, particularly the forex market which it describes as the most liquid in the world.

PlusliveX provides a mobile trading application for Android devices, described as a full-featured platform with real-time charts, order types, and technical analysis tools. The broker claims the app is an enhanced version of a well-known multi-market trading platform, though the specific platform name (e.g., MetaTrader 4/5) is not mentioned.

No information is available on desktop-based platforms or web trader versions. The mobile app appears to be the primary trading interface, targeted at traders who need on-the-go access to the markets.

The broker's website does not provide clear details on account types, minimum deposit requirements, or funding methods. There is no mention of standard, premium, or Islamic accounts, nor any information on spreads, commissions, or leverage.

Similarly, the available payment methods for deposits and withdrawals are not listed on the site. Traders interested in PlusliveX would need to contact the broker directly via email or the contact form to obtain this information.

PlusliveX is registered in the United Kingdom, but it does not hold a licence from the Financial Conduct Authority (FCA) or any other major financial regulator. The broker's legal documentation on its website states that the site is owned by "PlusliveX Markets" and that users must agree to terms and conditions that may change without notice.

The lack of regulatory oversight means traders have no access to compensation schemes (e.g., FSCS) or dispute resolution services typically provided by regulated brokers. This is a key risk factor for anyone considering opening an account with PlusliveX.

Based on its offerings, PlusliveX appears to target retail traders interested in leveraged CFD trading across multiple asset classes. The availability of a mobile app suggests a focus on traders who prefer trading from smartphones.

However, the lack of regulatory disclosure and transparent information about trading conditions makes it difficult to assess suitability for any specific trader profile. Beginners and risk-averse traders are particularly cautioned due to the elevated scam risk score assigned to this broker.