Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: interactive.247xpert-trade.com.
I closed a profitable position at Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Quick verification|Comprehensive tools|Regular updates
Cons: Desktop app not available on Linux
The mobile app from Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Dedicated account manager|Educational resources|API access
Cons: Some tools only available on higher tiers|No phone support on weekends
After for just over a year with Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Great customer service|Good analytical tools|Detailed reporting
Cons: Limited social trading features|Research section could be deeper
I gave Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) a fair chance. After for the past six months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Quick verification|Portfolio tracking tools
Cons: Withdrawal takes 1-2 business days|No crypto staking
I had a dispute with Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Demo account available|Responsive team
Cons: Wish they had more educational resources|Nothing significant
I referred a friend to Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) after seeing their ad online. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Fast execution|Wide product range|Portfolio tracking tools|Risk management tools
Cons: Cannot customize dashboard fully
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Responsive team|Excellent charting|Smooth onboarding|Personal attention
Cons: Live chat only during business hours|Search feature is basic
Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: No hidden fees|Intuitive for beginners
Cons: No crypto staking|Nothing significant
I found Interactive 247-Trade, InteractiveTrade (interactive.247xpert-trade.com) after doing extensive research and the initial impression was positive. But since early this year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Clean UI|Segregated accounts
Cons: Research section could be deeper