InteractiveTrade Review – Trading Costs, Features and Risks Explained

In general, with companies that are offering investment services, transparency and security are everything. Thus, with InteractiveTrade, we don’t even know who is running it. Yet, they expect us to trust them with our hard-earned money.

With such a low transparency, it’s hard to believe anything good will come out of that experience. But there are many more signs we will reveal in this InteractiveTrade review that might keep you worried.

Broker status:	Unregulated broker
Regulated by:	No regulations
Operating Status:	Active Binary Options Trading Scam
Known Websites:	https://interactivetrade.pro/
Blacklisted by:	N/A
Owner:	N/A
Headquarters Country:	N/A
Foundation Year:	2023
Online Trading Platforms:	N/A
Mobile Trading:	N/A
Minimum Deposit:	$100
Deposit Bonus:	Available
CFD Trading Option:	No
Crypto Asset Trading:	No
Available Trading Instruments:	Forex, stocks, commodities, indices
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 the company’s zero transparency and credibility it’s highly possible you won’t see any of the money you deposit with this brokerage. If that happens, our refund specialists are available for consultation.

Is InteractiveTrade Legit or a Scam?

Generally, binary trading was banned a long time ago due to a wide range of manipulations and scams. Once you realize what countries this firm is targeting, you will know it is an absolute scam.

Another reason is that InteractiveTrade is not licensed to provide investment services by offshore or top-tier regulators, such as FCA, ASIC, BaFin, etc. Therefore, customers have zero protection in terms of their funds. Everything they send to this brokerage stays in the firm’s pockets.

How Does InteractiveTrade Work?

As can be seen, there are zero InteractiveTrade reviews available. Yet, they present themselves as the oldest and most respected name in binary options trading. That’s one way to manipulate customers. The other one is through fictive fixed returns the company is promising after 24 hours of trading.

If that’s not a big enough sign to avoid the company, nothing will be. Not to mention, they don’t reveal trading software or any costs of investing with them. So, if you think this brokerage is ripping you off, contact our refund experts immediately for consultation.

Who Are InteractiveTrade Victims?

Since 2023, when the company was founded, they haven’t managed to build any credibility or a pool of trusted traders.They offer services to highly populated countries, such as:

• France
• Germany
• United States
• South Africa
• Switzerland

Considering the fact that everything is in Indonesian, it’s quite strange they are not offering services to Asians. Or it’s not? Anyway, if you have funds stuck with this firm, don’t let this brokerage slip away with your money. Contact us today and find out what are your recovery options.

What Are Trading Platforms Available?

It’s important to realize that InteractiveTrade broker doesn’t reveal any details about its platform. Even though binary trading is a bit different and simplified, it’s still highly important to offer trusted software. Otherwise, there could be price manipulations as well.

Is the InteractiveTrade Mobile Trading App Available?

The lack of mobile apps is another sign that the company has not been created to be there for long. If you are an iOS or Android user, you will have to bother with the web-based app that is highly possible unoptimized.

But to find out why such apps are important and how to recognize manipulations, read our Grow Pro Markets review.

What Financial Instruments Does The Platform Include?

One big disadvantage of this brokerage is the unavailability of crypto assets. Instead, you can choose assets from other top four categories. But if that’s going to make them legit, we highly doubt it.

Anyway, all options are:

• Forex – EUR/AUD, USD/HKD
• Commodities – natural gas, platinum
• Shares – Amazon, Tesla
• Indices – DAX30, FTSE100

Account Types Offered by InteractiveTrade

If you didn’t realize, all currencies in the account types are presented in Indonesian Rupiahs. The minimum to get started is $1M IDR, approximately $60. The main plans include a 24-hour contract binary trading program, such as:

• Silver – 1M IDR – 10M IDR / 10% profit
• Platinum – 11M IDR – 20M IDR / 20% profit
• Gold – 20M IDR – 50M IDR / 30% profit
• VIP – 51M IDR – 100M IDR / 40% profit

Also, there are joint accounts that are quite unclear in terms of deposits and profits. Anyway, nothing realistic, to be fair.

Can a Trader Use an InteractiveTrade Demo Account?

With the availability of the InteractiveTrade demo account, traders might think it’s good to try it out. However, you should keep in mind that with untrusted trading software, not even demo accounts can be trusted.

They can make it look like it’s all working, so you can just make your initial deposit. Which is not hard to do, considering the InteractiveTrade minimum deposit requirement.

Anyway, if you opt for this option, you’ll be provided with $10.000 on your account for virtual trading.

InteractiveTrade Fees, Leverage, and Commission

Another disturbing thing is that the company doesn’t reveal any costs. So, what’s their interest in the whole business? Obviously, their only goal is to make traders deposit money and lose it on their fictive platform. That way, they allegedly lost money due to market conditions while they were not trading at all.

But watch out. Some brokers have transparent costs and still manage to scam their clients. To see how, read our Cloud Crypto review,

Is the InteractiveTrade Welcome Bonus Available?

Indeed, yes. InteractiveTrade bonus of 50% is available for all new clients. But without transparent legal documents and bonus policy, it’s clear there will be manipulation as well. Therefore, we suggest you remember to trade only with what you can afford to lose.

Is InteractiveTrade Withdrawal Possible?

Even after completing the InteractiveTrade login procedure, you won’t be able to access any documents, which means withdrawal policies as well. With this in mind, we can only imagine the conditions the company may apply during the withdrawal procedure.

Most importantly, methods, fees, and processing time are not declared anywhere. Even if they were, they can’t be trusted due to missing regulations. Obviously, using the InteractiveTrade app wouldn’t be our smartest move.

What Should I Do If I Have an InteractiveTrade Problem?

If you recognize any irregularity with the InteractiveTrade scam broker, you should report it to local regulators immediately. But also, don’t hesitate to leave reviews anywhere online. Overall, this can help expose this scam faster.

Anyway, while waiting for the broker to be officially exposed, you can apply for a refund and get your money back even if you are sending crypto, which is the most popular option among swindlers. With our access to the Fusion Forensics Limited tool, it becomes way easier to apply for it than usual. For more details and a free first consultation with our experts, send us a message right away.