Traderactive Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-01-12 17:56

Abstract：Traderactive seems to be an online trading brokerage firm which was not established long, with an operation time of less than one year. BloomsMarkets’ inaccessible official website and lack of essential information make us struggle in presenting a comprehensive picture of this broker. When it comes to regulation, Traderactive disappoints us a lot. This broker is not regulated by any regulatory authority, and here we can see that WikiFX has given it a very low score of 1.11/10. Trading with an unregulated broker is like playing fire.

Basic	Information
Registered Countries	Gibraltar
Regulation	No License
Company Name	Traderactive
Minimum Deposit	N/A
Maximum Leverage	N/A
Minimum Spread	N/A
Trading Platform	N/A
Trading Assets	N/A
Payment Methods	N/A
Customer Support	Telephone, Email

　　General Information

　　Traderactive seems to be an online trading brokerage firm which was not established long, with an operation time of less than one year. BloomsMarkets inaccessible official website and lack of essential information make us struggle in presenting a comprehensive picture of this broker.

　　When it comes to regulation, Traderactive disappoints us a lot. This broker is not regulated by any regulatory authority, and here we can see that WikiFX has given it a very low score of 1.11/10. Trading with an unregulated broker is like playing fire.

　　Leverage

　　Trading leverage is not mentioned anywhere. However, this is the leverage rule set by most regulatory authorities: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

　　Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

　　Trading Platform

　　Traderactive does not disclose what trading platform it provides, which is quite frustrating.

　　Customer Support

　　Traderactive can be reached through the following contact channels:

　　Telephone: +41 767575654

　　Email: support@traderactive.com

　　Company Address: 13/1 LINE WALL ROAD, GX11 1 AA GILBRATAR

　　Risk Warning

　　Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

　　The information presented in this article is intended solely for reference purposes.

　　Pros & Cons