EXPERT-LIVE is a foreign exchange scam website, whose official domain name was registered on December 27, 2023. This broker mainly provides users with numerous trading markets through trading platforms such as MT4, MT5, and cTrader, including cryptocurrencies, forex, and contracts for difference (CFDs).
Company Registration Information and Regulatory Status:
Public information on the EXPERT-LIVE official website shows that the broker is registered in the UK, with the registered entity being Expert-live.co company, registration number 65996181. At the same time, the broker claims to hold a license to conduct financial services business in the USA.
Upon verification, the Companies House in the UK does not have a listing for a registered entity named Expert-live.co company, and the registration number 65996181 could not be found either. Although the broker claims to hold a financial services business license in the USA, it has neither specified the regulatory body it is subjected to nor provided a license number, making it impossible to verify its authenticity.
Opening an Account:
To open an account with EXPERT-LIVE: Visit the broker's official homepage, click on “OPEN AN ACCOUNT” to enter the account registration page, fill in personal registration information as required and submit. After submission, the account will be successfully registered.
Trading Plans:
EXPERT-LIVE offers users four trading plans: STARTER PLAN, GOLDEN PLAN, ADVANCED PLAN, VIP PLAN.
STARTER PLAN:
- Return on Investment: 7%
- Return Period: 24 hours
- Minimum Investment Amount: $30
- Maximum Investment Amount: $30,000
GOLDEN PLAN:
- Return on Investment: 25%
- Return Period: 30 hours
- Minimum Investment Amount: $600
- Maximum Investment Amount: $20,000
ADVANCED PLAN:
- Return on Investment: 35%
- Return Period: 35 hours
- Minimum Investment Amount: $3,500
- Maximum Investment Amount: Unlimited
VIP PLAN:
- Return on Investment: 50%
- Return Period: 40 hours
- Minimum Investment Amount: $5,000
- Maximum Investment Amount: Unlimited
Trading Platforms:
The EXPERT-LIVE official website claims to offer trading platforms such as MT4, MT5, and cTrader to its users, but it has not provided any download links, and no broker named EXPERT-LIVE can be found on these platforms.
Deposits and Withdrawals:
EXPERT-LIVE supports deposits and withdrawals using credit/debit cards, e-wallets, and other methods.
Conclusion:
Traderknows reminds investors that EXPERT-LIVE is actually an unregulated scam website. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for their investment and trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "pig butchering scam" on Traderknows.
