ANSWER Dear Investor,
FX Live Capital claims to be operated by LIVE GLOBAL CAPITAL Ltd., which is authorised by the Financial Services Commission (FSC) in Mauritius. A search of the FSC's licensing register does show a matching company, which lends some credibility to the firm's legitimacy. However, the FSC does not publicly disclose the domain names or websites of its licensees, which makes it difficult to verify whether the firm in question is genuinely linked to the licensed entity.
Please also note that the Mauritius FSC is considered an offshore regulator with relatively lenient oversight and limited investor protection. This means that holding an FSC licence alone does not provide comprehensive safeguards for your investments.
Therefore, we recommend that you exercise caution when trading with this broker.
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