InteractTradeFX

InteractTradeFX Group Ltd, trading as InteractTradeFX, is a forex and CFD broker registered in the United Kingdom. The company was founded on 7 June 2022 and lists its registered address at Unit 1 Lancaster Court, High Wycombe, Buckinghamshire, HP12 3TD, UK. Its official website is interacttradefx.com.

According to our records, InteractTradeFX holds two regulatory licences: one from the Cyprus Securities and Exchange Commission (CySEC) and one from the Vanuatu Financial Services Commission (VFSC). The CySEC licence is a Derivatives Trading License (Market Maker) with licence number 150/11, and the VFSC licence is a Forex Trading License (Electronic Payment) with licence number 17933. However, the status of these licences is not specified in our records, and no independent user reviews are currently available for this broker.

InteractTradeFX reports two licences on file, which we cross-checked against the public registers where possible. The CySEC licence (number 150/11) is a Derivatives Trading License (MM) issued in Cyprus, permitting the firm to operate as a market maker in derivatives. The VFSC licence (number 17933) is a Forex Trading License (EP) issued in Vanuatu, covering electronic payment services related to forex trading.

It is important to note that while CySEC is a well-regarded European regulator, the VFSC is an offshore regulator with a lighter-touch framework. The licence numbers are quoted exactly as they appear in our records; the status of each licence is not published in our files. Traders should verify the current status of these licences directly with the respective regulators before engaging with the broker.

Based on the regulatory licences held, InteractTradeFX appears to offer retail leveraged forex and CFD trading. The CySEC Derivatives Trading License (MM) suggests the broker can offer contracts for difference on various underlying assets, including currencies, indices, commodities, and possibly cryptocurrencies. The VFSC Forex Trading License (EP) indicates a focus on forex trading, with electronic payment processing capabilities.

However, our records do not specify the exact trading platforms, account types, or instruments offered. The broker's official website (interacttradefx.com) is not verifiable in our current data, and we found no independent information about its product range. As such, traders should approach any claims about specific offerings with caution and seek clarification directly from the broker.

Details about InteractTradeFX's account types, minimum deposits, leverage, and trading platforms are not disclosed in our records. The broker's official website is not accessible or verifiable, and no independent reviews or industry database listings provide this information. This lack of transparency is a notable limitation for potential clients.

In the absence of concrete data, we cannot confirm whether the broker offers standard, mini, or Islamic accounts, nor whether it supports popular platforms like MetaTrader 4 or 5. Traders considering this broker should request full account documentation and platform details directly from the company before opening an account.

Our records do not include any information about InteractTradeFX's funding methods, withdrawal processes, or associated fees. The broker's website is not verifiable, and no independent sources list accepted payment methods such as bank transfers, credit/debit cards, or e-wallets.

Given the lack of public information, traders should exercise caution when depositing funds. It is advisable to confirm the availability of secure payment channels and to understand the withdrawal policy in writing before committing any capital. The absence of verifiable funding details is a significant red flag in our assessment.

InteractTradeFX appears to target retail forex and CFD traders, given its regulatory licences for derivatives and forex trading. The broker's registration in the UK and its CySEC licence suggest it may aim to serve European clients, while the VFSC licence could extend its reach to Asia-Pacific and other offshore markets.

However, with no verifiable website, no employee records, and no user reviews, the broker's actual client base and operational history remain unclear. This broker may be suitable only for experienced traders who are willing to conduct thorough due diligence and who understand the risks of trading with a newly established, low-information entity.

InteractTradeFX has an FXCanary Scam Risk Score of 43/100, which we classify as 'Guarded'. The primary risk flag is the lack of a verifiable website or social-media presence. This absence of a visible online footprint makes it difficult to assess the broker's credibility, customer service, and trading conditions.

Additionally, the broker's employee count is recorded as zero, which may indicate a very small operation or a shell company. While a zero employee count is not necessarily fraudulent, it raises questions about the firm's capacity to provide adequate support and infrastructure. Traders should weigh these risks carefully and consider whether the potential benefits outweigh the uncertainties.