User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
Danger
IE CBI
2022-06-28
Danger
IE CBI
2022-06-28
No Regulation
Score
1.49 /10
Danger
interactivetrade
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.83
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Regulatory disclosure
More
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note:interactivetrade's official website:https://www.interactivetrade.com/ is currently inaccessible normally.
| interactivetrade Review Summary | |
| Founded | 1997 |
| Registered Country/Region | Switzerland |
| Regulation | No Regulation |
| Market Instruments | Shares, Commodities, Indices, Futures, Metals, Currency Pairs |
| Demo Account | ❌ |
| Leverage | Up to 1:400 |
| Spread | / |
| Trading Platform | MT4 |
| Minimum Deposit | $2 000 |
| Customer Support | Phone: +41 565083272 |
| Email: support@interactivetrade.com | |
interactivetrade is an unregulated brokerage company based in Switzerland. It offers Shares, Commodities, Indices, Futures, Metals, and Currency Pairs trading with leverage up to 1:400 via the MT4 platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as $2 000.
Pros and Cons
| Pros | Cons |
| MT4 available | Non-functional website |
| Multiple tradable products | No demo accounts |
| Lack of transparency | |
| High min deposit requirement | |
| No regulation |
Is interactivetrade Legit?
At present, interactivetrade lacks valid regulation. Please pay high attention to the safety of your funds if you decide to choose this broker.
What Can I Trade on interactivetrade?
According to the info we gathered, there are Shares, Commodities, Indices, Futures, Metals, and Currency Pairs on interactivetrade.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Futures | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
We didn't find any info about the account types. The only piece of info we know is that interactivetrade requires a very high deposit, up to $2000.
Leverage
The maximum leverage is up to 1:400. Please note that high leverage can amplify both profits and losses.
Trading Platform
interactivetrade offers MT4 trading software for clients. MT4 is an industry-leading platform for forex trading, which is not only suitable for beginners but also for the experienced.
Deposit and Withdrawal
Deposits can be made via Visa, Master Card, and “other” according to the Credit Card/Debit Card Transaction Confirmation Form. Its unclear if wire transfer is an option for deposits.
Withdrawal information is confusing. The Terms & Conditions say a request is processed within 30 days of account opening, but the next paragraph mentions processing times of up to 3 days. There are no withdrawal fees, though.
start to write first comment