245 Livetrade Review : Fees, Pros and Cons, Reviews by Real Traders

245 Livetrade

Operating status: SCAM

Website: https://www.245livetrade.com/index.php

Broker violations and abnormal records

Oct 10, 2022 The Ontario OSC Added 245 Livetrade into Its Warnings
On 11 Oct 2022, the Ontario Securities Commission issued a warning that 245 Livetrade was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/245-livetrade

On 11 Oct 2022, the Ontario Securities Commission issued a warning that 245 Livetrade was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/245-livetrade
Oct 12, 2022 BrokersView has Reviewed that 245 Livetrade is an Unregulated Forex Broker
245 Livetrade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
According to its website, the company is located in the USA. We searched National Futures Association (NFA) of the United States but found no matching results. And there was no financial reports of this company in U.S. Commodity Futures Trading Commission (CFTC). All in all, this broker is not regulated in the USA.
Moreover, the Ontario Securities Commission issued a warning that 245 Livetrade was not registered in Ontario to engage in the business of trading in securities.
The truth is that 245 Livetrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

245 Livetrade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the company is located in the USA. We searched National Futures Association (NFA) of the United States but found no matching results. And there was no financial reports of this company in U.S. Commodity Futures Trading Commission (CFTC). All in all, this broker is not regulated in the USA. Moreover, the Ontario Securities Commission issued a warning that 245 Livetrade was not registered in Ontario to engage in the business of trading in securities. The truth is that 245 Livetrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Dec 11, 2022 BrokersView has found that 245 Livetrade is not working
BrokersView found the domain "https://www.245livetrade.com/index.php" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://www.245livetrade.com/index.php" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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