LiveTrades is a transparent, reliable, and secure financial platform that offers services connecting clients, brokers, and traders. Clients choose their own traders who manage accounts for a percentage of profitable trades.
In order to start working on the platform, you need to register, and this procedure is divided into 2 stages. At the first stage, as is usually, the system will require you to enter your email, name, surname, phone number and create a password.
At the second stage, it is necessary to fill in the data presented in the screenshot, including uploading identity documents and the registration address.
Only after that you can transfer money to the platform. And there are many ways to replenish your wallet:
Then, the platform functions become available. Read more about it in the review below.
LiveTrades specializes in copying trades of advanced traders to increase your chances of making a profit. Such a tool was created for beginners who already know what cryptocurrencies are, but are still afraid to trade them on their own. Those who want to trade independently can do it as well, just like on a regular trading platform. The list of instruments is not limited to cryptocurrencies. Below is a classification of groups, and each of them is represented by a set of popular assets with a total number of more than one hundred.
Assets available for trading:
To start copy trading, you need to select someone from the list of traders or trading systems. If you are not sure, then you can choose a mixed version, and this option is available to everyone.
Trades will start within 24 hours. After that, it remains only to monitor the activity of traders who will make deals in your account.
The average speed of closing deals is about 7 ms after placing an order, this is achieved due to a large number of liquidity providers.
To make financial transactions more secure, LiveTrades does not process its clients' funds directly. Moreover, the broker has partnered with global banks locally to ensure the security of transactions. All deposits and withdrawals go through licensed banks and Electronic Money Institutions.
LiveTrades offers educational packages for clients of all skill levels. Educational guides are available without registration. Hence, any novice trader can improve trading skills to an advanced level. The packages contain information on the classification of assets, an explanation of what Forex, CFDs, and cryptocurrencies are. How to apply fundamental and technical analysis and study candlestick charts. At the same time, the platform also offers a dedicated cryptocurrency guide to help you learn about the trading of these assets.
LiveTrades’ technical support is available for 24/7 consultations. The response time is within an hour, but quite often you have to wait for only a couple of minutes. However, there are restrictions on the phone calls: you can get advice only from Monday to Friday. In the near future, it is planned to integrate technical support via WhatsApp.
In addition, contests, where you need to show the best profitability to win, are regularly held on the platform. You can test your strength and evaluate asset managers. Go for it!