ANSWER Interactive Fund is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.Interactive Fund claims to be operated by InterActive Group Ltd, a company supposedly registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 26501 BC 2021. However, no matching records exist in the SVG FSA register, suggesting that Interactive Fund is not operating in compliance with the law. Furthermore, the offshore financial watchdog has explicitly stated that it neither issues licenses for forex trading or brokerage nor regulates entities involved in such activities.Regarding your question, Interactive Fund is not a safe choice for investors to trade with, as it is an unlicensed broker falling outside the regulatory framework. It comes with significant risks such as financial losses and identity theft, which could be financially and personally devastating. Therefore, to avoid such risks, we strongly suggest investors stay away from unlicensed brokers like Interactive Fund and choose fully regulated ones instead.
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