Frequently Asked Questions

Below you will find the answers to all of the common questions we receive about our programs.
If your question is not answered, contact us anytime for a quick reply: team@livetrades.com
We look forward to hearing from you!

Do you have a referral program?

Yes, we offer a very lucrative affiliate program that has several incentives. Please learn more on the Referral Program page.

What does it cost to invest at LiveTrades.com?

LiveTrades.com offers three account types to meet the needs of our diverse client base.

*Account Type

  • Monthly Subscription:
  • Balance Requirement:
  • Profit Sharing (You/Traders):
  • Trading System Access:
  • Deposit Fee:
  • Withdrawal Fee:
  • Commission Spreads:
  • Max Leverage:

Basic Subscriber

  • €99.95 (Paid after trading starts)
  • €1000
  • 50%/50%
  • Most
  • Free
  • €25
  • >1.0
  •  

Pro Trader

  • Free
  • €3000
  • 75%/25%
  • All
  • Free
  • Free
  • >0.7

VIP Trader

  • Free
  • €25000
  • 90%/10%
  • All + Experimental Systems (if enabled)
  • Free
  • Free
  • >0.5-0.0
  • (Varies by Trader and Strategy)

*Accounts can be upgraded at anytime. Net EUR deposits count towards balance requirements.

Account Type Self-Trading Only Basic Subscriber Pro Trader VIP Trader
Monthly Subscription:
Free
€99.95 (Paid after trading starts)
Free
Free
Balance Requirement:
€500
€1000
€3000
€25000
Profit Sharing (You/Traders):
Self-Directed Trading Only
50%/50%
75%/25%
90%/10%
Trading System Access:
No Access (cannot be upgraded)
Most
All
All
Deposit Fee:
Free
Free
Free
All + Experimental Systems (if enabled)
Withdrawal Fee:
€25
€25
Free
Free
Commission Spreads:
0.1 - 1.0
>1.0
>0.7
>0.5-0.0
Max Leverage:
500:1
Varies by Trader and Strategy
Varies by Trader and Strategy
Varies by Trader and Strategy

What payment methods can I use to make a deposit or Withdrawal?

Accepted forms of payment for both deposits and withdrawals include the following:

Bank Wire Transfer

Credit Card

Debit Card

WireX Gateway + other 3rd party payment wallets varying by country.

Bitcoin (BTC)

Bitcoin cash (BCH)

Ethereum (ETH)

Litecoin (LTC)

Monero (XMR)

Ripple (XRP)

Tether (USDT)

What currency is my account traded in?

Accounts are traded in USD/USDT. However, you may view your account statements and trading data in any major currency supported by the software platform such as EUR, CHF, BTC, etc.

What is the minimum I can fund my trading account with?

The minimum account funding level is €1000 for our basic subscriber account type.

Do you have an iPhone and Android App?

All trading platforms are available by mobile browser. Self-trading accounts are also available using the MetaTrader mobile app on iPhone and Android devices.

Do I have to install software on my computer?

No. You may use any web browser to view your account 24×7.

Do I have to pay Taxes on my earnings?

Per Iceland law, clients are responsible for tax reporting to their own local tax agencies.
We do not transmit any account details to tax collectors without an Icelandic court order.

Where is LiveTrades.com based?

We are located in majestic Reykjavik, Iceland. We have representatives all around the globe as well.

What days do you trade, how many trades per day, and how often are trades open?

Trades can theoretically be opened at any moment of any day as markets such as Crypto are 365 days a year, 24 hours a day. Generally however, trading is conducted Monday through Friday when market volatility deems it worth to open new trades. Depending on the strategy and market liquidity, a trade can be open for mere minutes to several days.

Do you have both Human and Automated/Robot/AI Traders? Can I switch traders?

Yes. We permit our master traders to use both human and computerized trading strategies.

Can I trade my own account?

Yes of course, however please note one must maintain separate accounts for self-trading and auto-trading accounts.

To open a self trading account, please visit the contest page where our partner broker can assist you in establishing a trading account for your own self-directed trades.

Are there any deposit bonuses or promotions?

Occasionally our partners offer a bonus on deposits.
We generally discourage bonuses as they often come with limitations. Any promotions will be emailed to you in our newsletters.

Does my trading account compound?

Yes. Balances are compounded automatically. No action is required.

What does "Lot size" and the quantity/margin of each trade mean?

In the world of finance, lot size refers to a measure of a quantity or increment of a particular asset or product which is deemed suitable for buying and selling. Different types of products are commonly available in different lot sizes. If a client has a $5000 account, their account will be traded at a lower lot size than a $100,000 account to maintain healthy management.

Can I have more than one trading account?

Multiple trading accounts are discouraged and do not serve any purpose that cannot be accomplished with one master client account connected to multiple strategies.

What Liquidity Sources or Brokerages are trades executed by?

We work with 20+ premier licensed brokerages and liquidity providers. If you represent a tier-1 regulated firm, contact our strategic partnerships team today to discuss potential synergies.

What markets and instruments exactly do you trade?

Depending on the strategy being implemented, your account will see a variety of trading varying from Currencies, Crypto, and more. There are 100+ instruments available.

Do you send an Email/SMS/Push notification when trades are opened or closed?

No. We are working to enable this feature in the future.

Is trading gambling? Do you trade high-risk leveraged products like Binary Options?

It is a commonly known fact that between 70-90% of retail traders lose money.
This is almost always due to greed, poor money management, and trading instruments such as Binary Options that are statistically impossible to win in the long term.
Professional traders managing billions of dollars strive for 5-20% annual gains as their primary goal is asset protection. Retail traders strive for much higher returns and therefore often take on high risk trading opportunities. All strategies on-boarded by LiveTrades.com are heavily vetted to ensure they have a low-medium risk profile. It should be noted however that all leveraged investments do carry risk.

What is the difference between Buy/Sell/Long/Short/Up/Down trading?

Buy/Long/Up market trades = Trader is predicting that the asset being traded will go UP in market price.
Sell/Short/Down market trades = Trader is predicting that the asset being traded will go DOWN in the market price.

Traders can also engage in what is called a “hedge” where they open both positions on the same instrument. This can be seen as counterintuitive, but can be a clever way to enhance the profit potential of a trade or reduce the overall risk.

Can trading accounts get "too big" to trade?

It’s a common misconception that retail trading accounts can get “too big”.
The reality of the matter is the global Crypto market cap alone is over $1.6 Trillion. If you add together markets such as FX, Gold, Oil, and Indices, the global markets are worth several trillion dollars. Therefore making only large institutional investors remotely capable of “moving the market” with individual trades.

What is Drawdown and Money Management?

Essentially, money management tells you how many shares or contracts to trade at a given point. Money management is a defensive concept. It keeps you in the game to play another day. For example, money management tells you whether you have enough new money to trade additional positions. It is of paramount importance that traders do not over-leverage their accounts or they can lose substantial account principal. This is a very common reason that the majority of traders lose money in the global financial markets.

Can I close my account easily?

Yes of course. Contact us anytime if you wish to stop or suspend trading on your account.

I'm ready! How do I start trading?

Great! Click here to Open your Account.

How secure is my account?

LiveTrades.com uses military grade AES-256 Encryption. Staff members, traders, referring agents, etc do not have access to your funds or secure data. Additionally, all funds being traded are kept in 3rd party, fully regulated brokerage partners.

Does LiveTrades.com teach me how to trade?

At this time, we do not offer any trading courses. Please check back soon.

In case of my death or inability to operate the account, do you have a POA policy?

Yes. Please submit it to legal@livetrades.com for immediate review.

What is the "Blockchain" and how does Cryptocurrency work?

A Blockchain is a type of diary or spreadsheet containing information about transactions. Each transaction generates a hash. … Each block refers to the previous block and together make the Blockchain. A Blockchain is effective as it is spread over many computers, each of which have a copy of the Blockchain. We suggest this article to learn more.

How do I become one of your traders?

Think you’ve got what it takes to become a LiveTrades.com Pro?
Please visit the Contest page to see how to get started.

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By opening an account, you consent that you are eligible to participate in this program and agree to all operating policies listed on our website.

We're here 24x7 to help.
Contact team@livetrades.com or fill in the form below for a swift response!