Brokers  /  ForexLive

ForexLive

Severe risk
🇻🇨 Saint Vincent and the Grenadines · 2-5 years · since 2023-05-07 · ForexLive Group LLC
Unregulated
Visit site ↗
3.7/5
★★★★★ ★★★★★
2 reviews ›
0
Licenses ›
2
Withdrawal issues ›
$10
Min. deposit ›
1:100
Max leverage ›
3
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Pro Account · $100kECN Account · $10kStandard Account · $10k
▲ 50% positive▼ 50% negative
Independent ratingshow third parties score this broker
WikiFX1.42/10
Trustpilot3.7/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • Withdrawal complaints in ~100% of recent reviews
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 age4515%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration808%
Transparency (site/info/social)2510%
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 nameForexLive Group LLC
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2023-05-07
Years operating2-5 years
Employees0
Official websiteforexlive.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--
Registered address
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown St. Vincent and the Grenadines

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Pro Account1:100$100k--$3 per lot payable per side✓
ECN Account1:100$10k--$5 per lot payable per side✓
Standard Account1:100$10k----✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.99)

Across 2 recent Trustpilot reviews, 50% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
LK1
United States1

Real user reviews

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About ForexLive

ForexLive is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2023-05-07. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, ForexLive holds a real-user score of 3.7/5 across 1 reviews. Withdrawal problems appear 2 times — always test a small withdrawal first.

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