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ProaktivMarket -

No Regulation

Score

1.47 /10

Danger

ProaktivMarket

Item: ProaktivMarket
Rating: 1.47

Dominica

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.proaktivmarket.com

Influence

Add brokers

Comparison

Quantity 1

Exposure

Open Account

Website

Score

Regulatory Index0.00

Business Index6.66

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

40G

open now

Broker Information

Company Name

ProaktivMarket

Company Abbreviation

ProaktivMarket

Platform registered country and region

Dominica

Company website

https://www.proaktivmarket.com

Company summary

Pyramid scheme complaint

Expose

ProaktivMarket · Company summary

Note: ProaktivMarket's official website: https://www.proaktivmarket.com is currently inaccessible normally.

ProaktivMarketReview Summary
Founded	2021
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, Stocks, Commodities and Cryptocurrencies
Demo Account	❌
Leverage	1:200
Spread	Floating around 2.5 pips
Trading Platform	Web-based
Min Deposit	$250
Customer Support	Email: support@bigoption.com
	Twitter: https://twitter.com/BigOption
	FaceBook: https://www.facebook.com/bigoptiontrading

Founded in 2021, ProaktivMarket is a forex broker registered in UK, offering various market insruments including forex, stocks, commodities and cryptocurrencies through the web-based platform. However, ProaktivMarket operates without regulatory oversight from any reputable financial body.

Pros and Cons

Pros	Cons
Diverse trading choices	Inaccessible website
Variety of account types	Unregulated status
Popular payment options	No demo accounts offered
No withdrawal fees for credit card payment and some accounts	High spreads
	No MT4/5
	High minimum deposit
	Long withdrawal processing time
	Inactivity fee and dormant fee charged
	Limited contact channel

Is ProaktivMarket Legit?

No, ProaktivMarket is not regulated currently. Please be aware of the risk!

What Can I Trade on ProaktivMarket?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Indices	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

ProaktivMarket offers six account levels that traders can upgrade to once register for an account starting from $250 to $250,000. Account type including Beginner, Bronze, Silver, Gold, Platinum and Diamond.Moreover, there is no option for a demo account.

Account Type	Min Deposit
Beginner	$250
Bronze	$5 000
Silver	$25 000
Gold	$50 000
Platinum	$100 000
Diamond	$250 000

Leverage

ProaktivMarket offers maximumleverage of 1:200 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

ProaktivMarket offers spreads on 2.5 pips for most accounts. For platinum account, ProaktivMarket takes no spreads.

Account Type	Spread
Beginner	2.5 pips, floating
Bronze	2.5 pips, floating
Silver	2.5 pips, floating
Gold	2.5 pips, floating
Platinum	❌
Diamond	/

Trading Platform

ProaktivMarket provides traders with only a web-based trading platform.

Trading Platform	Supported	Available Devices	Suitable for
Web-based	✔	Web	/
MT4	❌	Desktop, web and mobile (iOS and Android)	Beginners
MT5	❌	Desktop, web and mobile (iOS and Android)	Experienced traders

Deposit and Withdrawal

ProaktivMarket provides several payment methods for deposit and withdrawal transactions, including Credit Cards (VISA and MasterCard), Bank Transfer, Bitcoin, PayPal and e-wallets, eg. Skrill and Neteller are not supported, however.

The processing time for withdrawal transactions is quite lengthy too – 3-10 business days.

ProaktivMarket claims they do not charge fees for withdrawals made via credit cards. There are no withdrawal fees for Gold and Platinum account.

Fees

ProaktivMarket charge a service fee of $150 on accounts “that are active for less than 30 working days and have less than 25 trades.” The broker also has a Dormant fee of $30 for accounts in which there have been no transactions for a set period of 12 months.

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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

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Exposure

1 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to Withdraw

Unable to withdraw

My manaegement has been changed three times and now my manager is Adam Walther. I deposited 3,000€ and my account balnce became over 10,000€ in December. I lost some money so there was just 8,000€ left. I wanna withdraw 3,500€. But there has been no response for over a week.

FX1883267995

2021-03-06 02:33

ProaktivMarket · Company summary

Note: ProaktivMarket's official website: https://www.proaktivmarket.com is currently inaccessible normally.

ProaktivMarketReview Summary
Founded	2021
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, Stocks, Commodities and Cryptocurrencies
Demo Account	❌
Leverage	1:200
Spread	Floating around 2.5 pips
Trading Platform	Web-based
Min Deposit	$250
Customer Support	Email: support@bigoption.com
	Twitter: https://twitter.com/BigOption
	FaceBook: https://www.facebook.com/bigoptiontrading

Pros and Cons

Pros	Cons
Diverse trading choices	Inaccessible website
Variety of account types	Unregulated status
Popular payment options	No demo accounts offered
No withdrawal fees for credit card payment and some accounts	High spreads
	No MT4/5
	High minimum deposit
	Long withdrawal processing time
	Inactivity fee and dormant fee charged
	Limited contact channel

Is ProaktivMarket Legit?

No, ProaktivMarket is not regulated currently. Please be aware of the risk!

What Can I Trade on ProaktivMarket?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Indices	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Min Deposit
Beginner	$250
Bronze	$5 000
Silver	$25 000
Gold	$50 000
Platinum	$100 000
Diamond	$250 000

Leverage

Spread

ProaktivMarket offers spreads on 2.5 pips for most accounts. For platinum account, ProaktivMarket takes no spreads.

Account Type	Spread
Beginner	2.5 pips, floating
Bronze	2.5 pips, floating
Silver	2.5 pips, floating
Gold	2.5 pips, floating
Platinum	❌
Diamond	/

Trading Platform

ProaktivMarket provides traders with only a web-based trading platform.

Trading Platform	Supported	Available Devices	Suitable for
Web-based	✔	Web	/
MT4	❌	Desktop, web and mobile (iOS and Android)	Beginners
MT5	❌	Desktop, web and mobile (iOS and Android)	Experienced traders

Deposit and Withdrawal

The processing time for withdrawal transactions is quite lengthy too – 3-10 business days.

ProaktivMarket claims they do not charge fees for withdrawals made via credit cards. There are no withdrawal fees for Gold and Platinum account.

Fees

News

NewsWIKIFX REPORT: Spanish CNMV warns against BridgerPay client ProAktivMarket

The Spanish regulator CNMV has issued a warning against ProAktivMarket (www.proaktivmarket.com). An entity in St. Vincent and the Grenadines allegedly operates the illegal broker.

WikiFX

2022-07-19 14:26

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hs0166

more than one year

How can we report all these scam brokers? I feel ashamed for falling for this cheap scam. They would pressure you into investment and eventually when you seek to make a withdrawal of your money, they will not take your calls nor reply to your messages.

Translate to English

2023-03-13 14:10