About Traders Live
About Traders Live
Traders Live is a Cyprus-based brokerage that was established on 23 October 2020. The company is registered at 4 Modestou Panteli, 4003 Mesa Geitonia, Limassol, Cyprus. According to its corporate registry, the firm operates under the legal name Traders Live and offers online trading services.
The broker maintains a presence on social media platforms including Facebook, Instagram, LinkedIn, and Twitter/X, though its level of engagement and transparency remains limited. As of this review, no independent user reviews or substantial third-party information are publicly available, making independent verification of its operations challenging.
Regulation and Safety
Traders Live is not listed as holding a valid licence from any major financial regulator. Our cross-checking of regulatory databases shows no registration with CySEC, the financial supervisory authority of Cyprus, or any other recognised body such as the FCA, ASIC, or CMA. This absence of regulatory oversight is a significant factor for traders to consider.
Operating without a regulatory licence means the broker is not subject to the standard client protection measures, such as negative balance protection, segregated client accounts, or access to dispute resolution schemes like the Financial Ombudsman Service. Traders should be aware that unregulated brokers carry a higher risk of operational and financial issues.
Account Types
Traders Live offers two account tiers: Standard and Raw Spread. Both accounts require a minimum deposit of €50 and provide a maximum leverage of 1:30. The Standard account is described as a balanced option for most retail traders, while the Raw Spread account is marketed towards more active traders seeking tighter spreads.
The broker does not publicly disclose the specific spread sizes, commission structures, or other trading conditions such as swap rates or margin requirements for each account type. This lack of transparency may make it difficult for traders to assess the true cost of trading before opening an account.
Trading Platforms
Information regarding the trading platforms offered by Traders Live is not detailed in the available public records or on its website. As a retail forex and CFD broker, it is common to provide platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), or a proprietary web-based platform. However, without official confirmation, traders must verify platform availability directly.
It is advisable for traders to confirm which platform is offered and whether it supports the necessary analytical tools, automated trading, and mobile functionality before committing funds.
Instruments and Funding
The range of tradeable instruments at Traders Live is not specified in the known data. Typically, retail forex brokers offer major, minor, and exotic currency pairs, along with CFDs on indices, commodities, and possibly shares. The absence of a clear instrument list may indicate limited offerings or a lack of transparency.
Funding methods and withdrawal policies are also undisclosed. Traders should seek detailed information about accepted deposit methods, processing times, withdrawal fees, and any restrictions before opening an account.
Conclusion
Traders Live presents a relatively bare-bones profile with minimal public information. Its unregulated status, recent establishment, and lack of independent reviews place it in the high-risk category for forex and CFD traders. The absence of key details regarding spreads, platforms, and instruments further reduces its transparency.
While the broker has a social media presence and a registered address in Cyprus, the absence of regulatory oversight and the lack of verifiable client feedback make it difficult to assess its trustworthiness. Traders are strongly advised to exercise caution and consider only regulated brokers for their trading activities.
Overview compiled by FXCanary from regulatory records and public data. full Traders Live review