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Operating status: SCAM

On 20 Oct 2022, the British Columbia Securities Commission (BCSC) issued a warning that Livemarketpro was not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/livemarketpro
Livemarketpro claims to be located in the USA and registered with Copanies House of Unite Kingdom (CH). However, we searched CH but found no matching results. That means the broker is not registered in the UK.
As for its regulation, the broker claims to be regulated by "the security and exchange commissions (SEC) as well as the commodity futures trading commission (CFTC)".
First, we searched Cyprus Securities and Exchange Commission (CySEC) but did not find results that matched this broker. In other words, this broker is not regulated by CySEC.
In addition, 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.
What's important, the British Columbia Securities Commission (BCSC) issued a warning that Livemarketpro was not registered to trade in, or advise on, securities or derivatives in BC.
The truth is that Livemarketpro 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.
BrokersView found the domain "https://livemarketpro.com/home/index.html" 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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