InteractiveInvest

InteractiveInvest is a retail forex and CFD broker registered in Saint Vincent and the Grenadines (SVG), a jurisdiction known for its minimal regulatory oversight of financial services. The company was founded on 13 January 2023 and lists its registered address at First Floor, First St Vincent Bank LTD Building, James Street, Kingstown VC0100, St. Vincent and the Grenadines.

According to public records, InteractiveInvest does not hold any licences from major financial regulators such as the FCA, CySEC, ASIC, or the FSC of SVG. This absence of regulatory authorisation means that traders are not protected by any compensation scheme or dispute resolution mechanism. Our review confirms that the broker operates without oversight from any recognised financial authority.

The broker's registration in Saint Vincent and the Grenadines does not equate to being regulated by the SVG Financial Services Authority (FSA). The SVG FSA does not regulate forex or CFD brokers; it merely registers international business companies (IBCs). As such, InteractiveInvest is effectively unregulated, which exposes clients to heightened risk of operational failure, mismanagement, or fraudulent conduct.

FXCanary's Scam Risk Score for InteractiveInvest is 75 out of 100, categorised as 'Severe'. This score reflects the broker's complete lack of independent verification, its short operational history, and the jurisdiction's weak legal framework for investor protection. Traders should exercise extreme caution before considering any business with this entity.

InteractiveInvest offers three account tiers: Basic, Standard, and Advanced. The Basic account requires a minimum deposit of $250 and provides a maximum leverage of 1:25. The Standard account requires a $1,000 minimum deposit with a maximum leverage of 1:50. The Advanced account requires a $5,000 minimum deposit and also offers a maximum leverage of 1:50.

While tiered accounts are common in the industry, the leverage levels are relatively modest compared to many unregulated brokers that offer up to 1:500 or higher. Nonetheless, the absence of regulatory oversight means that the terms of these accounts are not guaranteed and could be changed at any time without notice.

The broker's known facts do not list any specific trading instruments or platforms. It is unclear whether InteractiveInvest offers forex pairs, commodities, indices, or cryptocurrencies. Similarly, no information is available regarding the trading platform(s) such as MetaTrader 4/5, cTrader, or a proprietary platform.

This lack of transparency regarding tradable assets and technology is a significant red flag. Reputable brokers typically provide detailed information about their product offerings and supported platforms to allow traders to make informed decisions.

Given the high-risk profile and limited transparency, InteractiveInvest appears to target traders who may be inexperienced or unaware of the importance of regulatory oversight. The low minimum deposit of $250 for the Basic account suggests an attempt to attract retail clients with limited capital.

However, the broker's unregulated status makes it unsuitable for any prudent trader. Without regulatory protection, clients have no recourse if the broker fails to honour withdrawals, manipulates pricing, or ceases operations. We cannot recommend this broker to any category of trader.