General Information
Traderactive seems to be an online trading brokerage firm which was not established long, with an operation time of less than one year. BloomsMarkets inaccessible official website and lack of essential information make us struggle in presenting a comprehensive picture of this broker.
When it comes to regulation, Traderactive disappoints us a lot. This broker is not regulated by any regulatory authority, and here we can see that WikiFX has given it a very low score of 1.11/10. Trading with an unregulated broker is like playing fire.
Leverage
Trading leverage is not mentioned anywhere. However, this is the leverage rule set by most regulatory authorities: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
Traderactive does not disclose what trading platform it provides, which is quite frustrating.
Customer Support
Traderactive can be reached through the following contact channels:
Telephone: +41 767575654
Email: support@traderactive.com
Company Address: 13/1 LINE WALL ROAD, GX11 1 AA GILBRATAR
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Frequently Asked Questions
Is Traderactive regulated？
No, Traderactive is not regulated anyway.
What trading instruments can I trade with on Traderactive？
What trading instruments Traderactive provides is not mentioned.
What trading leverage does Traderactive provide？
Trading leverage with Traderactive platform cannot be found anywhere.
