interactivetrade

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

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

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.

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.