INTERACTIVE PRO LTD has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The onboarding at INTERACTIVE PRO LTD was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Demo account available|Multiple order types|Intuitive for beginners|Multi-device support
Cons: Limited ETF selection|Mobile app could be improved
After for just over a year with INTERACTIVE PRO LTD I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Clean UI|Fast execution|Multi-device support
Cons: Account statements could be more detailed
After doing some research AFTER the fact (I know, I should have done this first), I discovered that INTERACTIVE PRO LTD is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I was about to invest with INTERACTIVE PRO LTD but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Comisión Nacional del Mercado de Valores has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Not registered with regulators|Unrealistic promises
Do not believe the bonus offer from INTERACTIVE PRO LTD. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a forum discussion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Dividend tracking|Low minimum deposit
Cons: No integrated tax optimization|Inactivity fee applies after 12 months