If you are planning to open an account with The Active Trades Ltd, we strongly suggest you stop giving away your personal information. This is a fraudulent platform warned by a financial watchdog.
It is strange that The Active Trades Ltd displays two different certificates of incorporation issued by the Companies House (CH), casting doubts on the broker's reliability and authenticity. This is a red flag. Furthermore, the CH only serves as a registrar of companies in the UK and has no authority to issue financial licenses or regulate entities involved in the industry.
To check the license of The Active Trades Ltd, we searched the Financial Conduct Authority (FCA) register. However, there isn't any matching result.
In addition, the Italian Companies and Exchange Commission (CONSOB) has ordered The Active Trades Ltd's website to be blacked out since it offers financial services illegally. You can refer here for the full warning.
In conclusion, The Active Trades Ltd is not a safe choice. Dealing with it could be financially and personally devastating, as there are no rules in place to safeguard investors. Therefore, we strongly suggest investors stay away from unlicensed brokers like The Active Trades Ltd and instead choose a fully regulated one.
