InteractTradeFX Review : Fees, Pros and Cons, Reviews by Real Traders

InteractTradeFX

Operating status: SCAM

Website: https://www.interacttradefx.com/

Broker violations and abnormal records

Feb 02, 2023 The UK FCA Added InteractTradeFX into Its Warnings
On 3 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that InteractTradeFX may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/interact-tradefx-interacttradefx

On 3 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that InteractTradeFX may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/interact-tradefx-interacttradefx
Feb 07, 2023 BrokersView has reviewed that InteractTradeFX is an Unregulated Forex Broker
InteractTradeFX claims to be the Investing name of InteractTradeFX Group Ltd, a company authorized and regulated by multiple regulators, including the Cyprus Securities and Exchange Commission (CySEC) (Licence number: 150/11) and the Vanuatu Financial Services Commission (VFSC) with license number 17933. However, we found the company names corresponding to the license numbers in the two regulatory bodies as "JFD Group Ltd" and "JFD Overseas Ltd" respectively. That means the regulatory information this broker claim is a false statement for unsuspecting investors.
More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, InteractTradeFX is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

InteractTradeFX claims to be the Investing name of InteractTradeFX Group Ltd, a company authorized and regulated by multiple regulators, including the Cyprus Securities and Exchange Commission (CySEC) (Licence number: 150/11) and the Vanuatu Financial Services Commission (VFSC) with license number 17933. However, we found the company names corresponding to the license numbers in the two regulatory bodies as "JFD Group Ltd" and "JFD Overseas Ltd" respectively. That means the regulatory information this broker claim is a false statement for unsuspecting investors.More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, InteractTradeFX is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.