Active Trade Ltd Review – Security The Biggest Disadvantage

Apparently, the Active Trade Ltd company has been registered in Luxembourg. Given this, traders automatically think the company is most likely legitimate. Consequently, they end up depositing the smallest possible amount. And that’s where the rollercoaster starts.
The company’s agents start with their manipulation tactics, and once you realize you are getting tricked, it’s almost too late. Luckily, this Active Trade Ltd review reveals some tricks on how to get away from it.
Broker status: | Unregulated broker |
Regulated by: | No regulations |
Operating Status: | Active FX and CFD Trading Scam |
Known Websites: | https://active-trade.ltd/ |
Blacklisted by: | N/A |
Owner: | N/A |
Headquarters Country: | Luxembourg |
Foundation Year: | 2023 |
Online Trading Platforms: | WebTrader |
Mobile Trading: | Only via browser |
Minimum Deposit: | 500 EUR |
Deposit Bonus: | N/A |
CFD Trading Option: | Yes |
Crypto Asset Trading: | Yes – DOT, ADA, BCH (250+ in total) |
Available Trading Instruments: | Forex, Cryptos |
Maximum Leverage: | N/A |
Islamic Account: | Not available |
Free Demo Account: | Available |
Accepts US clients: | US clients are accepted |
Global Fraud Protection Experts’ Verdict: | Considering fake regulations and extremely mysterious conditions, this broker should never be your option for investing. But if you somehow have money stuck with them, contact our refund team for advice. |
Is Active Trade Ltd Legit or a Scam?
As a Luxembourg-based firm, you would expect this company to be regulated by the CSSF. So, we checked their register. Sadly, Active Trade Ltd was not found there. Nevertheless, there’s another hint about the company’s regulation. They claim on their website to be regulated by the FISEU.
However, FISEU was exposed by German BaFin as a fake self-established regulatory agency. It was mainly designed to back up stories served by scam trading companies. Consequently, you can’t trust anything this broker claims, especially since they don’t have top-tier licenses like FCA, BaFin, or CFTC.
Traders Experience
Another disturbing thing is the Active Trade Ltd reviews on Trustpilot. Even though the company claims to have approximately 4.5 rating, that’s far from reality. On top of that, the company claims to have more than 52.000 active users. Yet, there are only 49 comments about them. This indicates some numbers don’t add up.
All in all, numerous comments contain complaints against this broker. In fact, almost 40% of the reviews. If you are one of their victims, share your opinion in the comments below. You can also simply talk to our refund team immediately and start the refund process today.
How Does Active Trade Ltd Work?
Simply put, everything about this broker revolves around manipulation. Firstly, they present themselves as trusted to make traders make initial deposits. Then, the company offers a wide range of fake benefits to encourage them to make more deposits. Meanwhile, some amazing offers will come by, and they will ask you for more money to jump on it.
It’s all nice and shiny as long as you are not withdrawing anything. Yet, when you request a payout, unexpected things happen, such as market crashes, surprising losses, verification issues, etc. If you have been in this situation, let our refund experts know.
Who Are Active Trade Ltd Victims?
If you didn’t realize the Active Trade Ltd broker is a complete scam, check the countries they target the most. Those are strictly regulated ones, and they don’t seem to care. If you come from any of the following, watch out for your pockets:
- Poland
- Croatia
- United States
- United Kingdom
Without adequate Active Trade Ltd regulation, they can’t offer services in any of these. So, if you were misled by this brokerage and have your funds stuck with them, our chargeback experts are available for consultation.
What Are Trading Platforms Available?
Overall, if you are looking for a trusted platform, you should always opt for Meta Trader. Also, cTrader is an outstanding alternative. Yet, with this brokerage, we can’t expect such proficiency. After all, they can’t scam their customers if they offer such trusted third-party options.
Instead, they opted for a proprietary web-based platform. However, the most advanced feature is the trading signals. But with so many lies so far, can you trust those?
Is the Active Trade Ltd Mobile Trading App Available?
Even though the company advertises mobile apps, it’s not what we think it is. Instead of iOS and Android trusted apps, the company has just optimized its web trader for mobile devices.
You will realize the difference when you compare it with some top-tier regulated firms. But to find out more reasons why not to use such platforms, read our Lotas Capital review.
What Financial Instruments Does The Platform Include?
The company’s main focus is on cryptocurrencies. Even the Active Trade Ltd funding options confirm that. Anyway, they are not quite clear about the instrument’s availability. From what’s presented, you can trade:
- 20+ currency pairs – USD/EUR, USD/JPY
- 250+ cryptocurrencies – DOT, ETH, DOGE
Account Types Offered by Active Trade Ltd
If you look at the company’s account types, you will realize none of those features are worth the investment. Especially if you look at the most expensive account.
Anyway, the minimum required to get started is 500 EUR, while the Prestige account requires a 75.000 EUR deposit. In return, you get features like:
- Global Market Access
- Powerful Platforms
- Dedicated Manager
- Access to Trading Experts
- Trading Signals
- Private Communication Channels
- Prestige Trading Group Access
Can a Trader Use an Active Trade Ltd Demo Account?
With all these fictive features, we would extremely like to see that in action on a demo account. However, that’s not an option with this brokerage. Most likely because all of these features are completely fictive.
To avoid such traps, you better read our AlgoTech Trade review.
Active Trade Ltd Fees, Leverage, and Commission
The thing that can definitely impact your Active Trade Ltd withdrawal potential is hidden trading costs. Practically, you can only hope for the best. But hope doesn’t work with scam brokers.
Anyway, the company briefly mentions the leverage of 1:10, but they don’t reveal if that’s the maximum you can get. So, be careful.
Is Active Trade Ltd Withdrawal Possible?
Even though funding methods are transparent, there’s not even a single detail about withdrawals on the Active Trade Ltd platform. Therefore, we don’t have a reason to believe traders will get any. With non-transparent fees, processing time, and methods, you can expect a lot of obstacles.
In the end, you’ll need alternative options if you experience Active Trade Ltd login errors after multiple withdrawal requests.
What Should I Do If I Have Active Trade Ltd Problem?
Obviously, the Active Trade Ltd scam broker is not there for a genuine business. Everything indicates traders will be left with nothing, but also without the option to get their funds back, unless they talk to our refund experts.
Let us know your experience with this firm so we can build a strong case for you. After all, the first consultation doesn’t include any costs or obligations. Therefore, book yours now, and don’t let these swindlers slip away with your money.
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