Live-trades.com Reviews

https://Live-trades.com redirected to https//www.live-trades.com during the time we crawled it. The website live-trades.com claims to offer highly profitable trading signals sent by expert traders via Discord, with a success rate of over 90%. It also promotes a “10k challenge” and becoming a VIP member. The site emphasizes that no experience is needed to copy the signals and earn profits. It also mentions a GPT AI trading bot concentrated on the EUR/USD pair, leveraging AI power for trading success. The bot is described as offering stable long-term profits with low drawdown on complete autopilot. The site highlights the bot’s features, such as being 100% automated, safe, and secure, and claims that it can’t make any withdrawals from the trading account. It also states that users keep all profits and that the bot is transparent. The site includes a contact form and a disclaimer stating that it doesn’t offer investment advice or copy trading services, and that all forex signals are shared for educational purposes only. It emphasizes that it doesn’t guarantee profits and encourages users to do their own research before trading. The disclaimer also warns about the high level of risk in financial trading and advises users to consider their investment objectives, experience, and risk appetite. It mentions the possibility of losing more than the initial investment and the risks associated with internet-based trade execution software. The site also advises seeking advice from an independent financial advisor and disclaims liability for any loss or damage arising from the use of the information provided. It provides links to terms and conditions, privacy policy, risk warning, and contact information. The site’s content raises several red flags that are commonly associated with potential scams or high-risk activities: High Success Rate: Claiming a success rate of over 90% in trading is highly unrealistic and often a characteristic of scam websites. No Experience Needed: Promising profits without the need for any trading experience is misleading and not aligned with the reality of financial markets. Use of Discord: While Discord is a legitimate platform, its use for sharing trading signals can be a red flag, as it’s not a typical or secure channel for professional trading services. Emphasis on AI Trading Bot: Overemphasis on the capabilities and profitability of an AI trading bot, especially with claims of stable long-term profits and low drawdown, is a common tactic in trading scams. Disclaimers: While disclaimers are important, the extensive disclaimer on the website, especially the emphasis on the high level of risk, can be a tactic to protect the website from legal repercussions if users incur losses. Lack of Transparency: The website’s focus on the benefits of their services, without providing clear and transparent information about their trading strategies, team, or track record, is a common tactic in scam websites. Contact Form: While having a contact form is standard, it’s important to verify if the provided contact information is responsive and legitimate. It’s also essential to check if the company behind the website is registered and regulated by relevant financial authorities. In conclusion, the content and claims made on live-trades.com exhibit several characteristics commonly associated with potential scams or high-risk trading activities. It’s crucial to exercise extreme caution and conduct thorough research, including verifying the legitimacy of the company and its claims, before engaging with any trading platform or service.”

the reasons behind this review :
High Success Rate, No Experience Needed, Use of Discord, Emphasis on AI Trading Bot, Disclaimers, Lack of Transparency, Contact Form