About activeprogresslive.com
Overview
Active Progressive Live operates through the website activeprogresslive.com. The broker's country of registration and founding date are not publicly known, and our records indicate no regulatory licences from any known financial authority. This lack of transparency is a significant cautionary factor.
The website presents the entity as a professional asset management and investment platform offering Forex PAMM/MAM accounts and cryptocurrency investment packages. However, independent public information about the broker is extremely limited, and no user reviews or third-party verifications were found that directly relate to this specific domain.
Regulation and Licensing
Our research found no evidence that Active Progressive Live holds any regulatory licence from a recognised financial regulator. The broker is not listed on the registers of major authorities such as the FCA, CySEC, ASIC, or any other jurisdiction. This absence of regulation means that clients have no recourse to an ombudsman or compensation scheme in case of disputes or broker failure.
Traders should treat this lack of oversight with utmost seriousness. Regulated brokers are required to meet capital adequacy standards, segregate client funds, and submit to regular audits; none of these protections apply here.
Investment Products
According to its official website, Active Progressive Live offers investment packages that include Forex PAMM/MAM (Percentage Allocation Money Management / Managed Account) options and cryptocurrency investments. PAMM/MAM accounts are typically used by retail forex brokers to allow investors to allocate capital to a fund manager who trades on their behalf.
The broker claims these packages are all-in-one and designed for investors seeking stable returns and high liquidity. No specific details about spreads, commissions, leverage, or minimum deposits are provided on the site, which is unusual for a regulated broker.
Account Types and Platforms
The broker's website does not explicitly list the account types available or the trading platforms offered. It is common for such investment platforms to use MetaTrader or proprietary software, but this information is not confirmed. The site focuses on the investment packages rather than detailed trading conditions.
Without clear information on platforms or account tiers, traders cannot evaluate execution quality or usability. This lack of detail further complicates any assessment of the broker's legitimacy.
Funding and Withdrawals
No information is provided on the broker's website regarding accepted deposit methods, currencies, or withdrawal policies. This is a critical gap, as potential investors have no way of knowing how to fund their accounts or withdraw profits.
In our experience, brokers that omit such fundamental details often pose higher risks, as clients may face unexpected fees or delays. The absence of a clear withdrawal process is a warning sign.
Target Audience
Active Progressive Live appears to target retail investors looking for passive investment opportunities in forex and cryptocurrency through managed accounts. The language on the website emphasises convenience, confidence, and financial freedom, aimed at individuals who may not wish to trade actively but want exposure to these markets.
However, the lack of regulation and transparency makes the broker unsuitable for cautious or risk-averse investors. Only those willing to accept very high risk would consider such an unregulated entity, and even then, due diligence is severely hampered by the lack of verifiable information.
Overview compiled by FXCanary from regulatory records and public data. full activeprogresslive.com review