Is Interact Invest a Scam? The Facts You Need to Know

The company provides access to margin trading while disclosing trading conditions only partially. A browser-based trading platform is utilized, featuring certain limitations and zero liquidity. The project is not licensed in Europe or the United Kingdom. Client reviews are negative, and customer support is minimal. Let us investigate whether interactinvest.com is a scam.

Company Highlights

Key Interact Invest Tradng Features

The Interact Invest brand follows a template-based approach, often concealing details of its operations. Nevertheless, clients have access to multiple account types, including Basic, Silver, Gold, Platinum, and VIP. These accounts differ in terms of spreads, leverage, and certain additional services. Below, we will examine the partnership conditions in more detail, particularly focusing on leverage and spreads.

The minimum deposit on the platform is $250. However, to fully access the benefits, a balance of at least $250,000 is required. While the minimum deposit itself is not significant, most benefits are effectively sold for money. Consequently, clients using the basic account experience faster losses due to unfavorable trading conditions.

The broker offers leverage ranging from 1:30 to 1:500. The 1:30 ratio aligns with legal requirements and regulatory standards in Europe. However, the 1:500 margin is a clear red flag indicating potential fraud. When CFDs are taken into account, the conclusions about the broker become even more concerning.

Spreads start at 0.6 pips, but only for VIP account holders with a $250,000 deposit. The basic account, with a $250 deposit, comes with spreads starting at 3 pips or higher. This aspect represents another disadvantage of working with the company, as it guarantees financial losses within a few trading sessions.

The VIP program stands out with its unique conditions, offering 0.0 pips spreads and 1:500 leverage. Additional perks include priority withdrawals and personalized analyst support. The system also claims to offer investment opportunities, but no details are provided. To participate in the VIP program, a balance of $500,000 to $1,000,000 is required.

As a result, most of the broker’s unfavorable trading conditions stem from manipulative practices, ensuring client losses. Additionally, the disclosed conditions are often misleading, requiring deposits of hundreds of thousands of dollars to access all so-called “privileges”.

Overview of Available Trading Instruments

Interact Invest provides access to basic financial instruments, including cryptocurrencies, currency pairs, indices, and commodities. However, the exact number of available assets is not disclosed on the official website. The browser-based terminal further restricts the selection.

It is essential to consider the risks associated with CFDs, which include conflicts of interest, a high probability of financial losses, and frequent scams. Additionally, CFD trading is closely linked to platform-related issues, which will be discussed in the next section.

Interactinvest.com Trading Platform Analysis

Interact Invest supports trading exclusively through a browser-based platform. The service operates via WebTrader, which has several limitations. Trading is possible only from a desktop device, as there is no downloadable application.

Platform functionality includes an order book, trade history, and asset charts. However, there is no way to use indicators, implement strategies, or access balance protection features. Further drawbacks include slow trade execution and liquidity issues. There are also concerns about the accuracy of price quotes for various instruments.

Additional Services

Interact Invest advertises additional services allocated according to account type. So, the basic account offers educational content and instructions on how to use the platform. Dedicated account managers and cryptocurrency wallet guides are also mentioned. Higher deposit levels promise access to themed webinars, exclusive events, and faster withdrawals. VIP account holders gain access to trading signals.

New users are encouraged to obtain a debit card through the platform for internal transactions and withdrawals. The company also promotes cryptocurrency wallets in a similar manner.

There is a referral system in place that offers a 10% commission on deposits made by referred users. Additionally, newcomers using a referral link receive a 5% deposit bonus. However, partner earnings are capped at $25,000 per month.

Fee Structure. Are You Paying More Than You Should?

Interact Invest’s fee and penalty policies resemble those of other fraudulent brokers. Fee details are only partially disclosed and buried in separate documents.

The exact trading commission remains unknown. However, penalty fees are enforced, including a $49 inactivity fee for accounts with no trades for 60 days. Overnight fees triple on Wednesday nights.

The company claims there are no fees for deposits and withdrawals. However, certain payment methods, such as cryptocurrency transactions, incur fees. Additionally, internal exchange rates for fiat-to-crypto conversions may lead to financial losses for clients.

Legitimacy of Interact Invest

The legitimacy of Interact Invest remains questionable. The broker’s administration avoids disclosing regulatory details from European or offshore authorities. The website footer and “About Us” section lack any regulatory information. This approach raises great doubts about the firm’s credibility and poses risks for traders.

Moreover, neither the legal address of registration nor the location of the headquarters are disclosed. As a result, clients risk losing their funds, while company representatives bear no accountability to users.

The Broker’s Past and Present

Interact Invest’s founders do not disclose the company’s operational history. Instead, they provide generic statements emphasizing reliability and partnership benefits. However, a Whois domain check indicates the company has only been active since December 2024, further undermining its credibility.

Conclusion

Interact Invest operates as a fraudulent CFD platform. The company does not have any European licenses or permits from offshore regulatory authorities. Client reviews are overwhelmingly negative.

Weighing the Pros and Cons

Common Questions