Livaxxen.com is suspected to be a fraudulent broker, which is why we have created the Livaxxen Review to alert those seeking a trustworthy FX broker. It is crucial to raise awareness among investors and traders regarding the legitimacy of all types of brokers, regulated forex brokers, forex trading platforms, Forex brokers, crypto brokers, and others. In this Livaxxen review, we will talk about the reasons why Livaxxen.com is listed among the fraudulent brokers 2024 list by Fraud Complaints and guide how victims of Livaxxen can reclaim their lost funds.
Basic Details for Livaxxen
Website: https://www.livaxxen.com/
Website Availability: YES
Official Address: NA
Regulation: Unregulated
Warned By: Autorité des Marchés Financiers (French)
Domain Status:
What is Livaxxen?
Livaxxen, which can be found at livaxxen.com, bills itself as an online broker offering a range of cryptocurrency, FX, and stock trading services. The platform is intended to appeal to both new and expert traders, offering complex trading tools and significant profit margins. However, a deeper investigation reveals that Livaxxen may not be as reliable as advertised. Numerous red flags point to it being a possible scam, aimed to entice investors into high-risk or even fraudulent operations.
AMF Warned Against Livaxxen
The warning issued by the Autorité des Marchés Financiers (AMF), the French financial market regulator, is one of the biggest red lights for Livaxxen. The AMF is well-known for closely supervising financial institutions’ activity in order to safeguard investors from fraudulent schemes. In a recent alert, the AMF identified Livaxxen as an unregistered broker that operates without regulatory monitoring.
The caution emphasizes that Livaxxen is not permitted to provide financial services in France or other European jurisdictions, which is important for potential investors to understand. When a credible regulator like the AMF issues such a warning, it should be taken as a clear indication that something is badly wrong.
Warning Signs and Complaints
Several warning signals raise questions regarding Livaxxen’s operations. First and foremost, the broker’s licensing status is not transparent. Reliable brokers typically display their regulatory credentials upfront, but Livaxxen does not, keeping users in the dark about the company’s legal standing.
Numerous user complaints have surfaced online, heightening concerns. Many traders report withdrawal issues, claiming that once they deposited cash on the platform, they were unable to retrieve them. In certain circumstances, users have reported that Livaxxen customer service became unresponsive after they attempted to withdraw or deactivate their accounts.
Livaxxen Review – Conclusion
Based on many factors explained above we have finally concluded that Livaxxen is a fraudulent broker. Do extensive research on any site before investing.
Be aware of schemes like Forex Trading Deceptions, Cryptocurrency Cons, Internet Dating Scams or Romance Fraud, Pump and Dump Tactics, Ponzi Schemes, Investment Deceptions, Fake Trading Platforms, Phishing Attacks, Robo-Advisors Deceptions, and Binary Options Deceptions.
If you have already fallen victim to Livaxxen fraud, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back from Livaxxen.
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Note: The Livaxxen review is influenced by some existing reviews online and we have created original review based on known facts. We are not responsible for any legal actions taken by any entity favoring Livaxxen company.