Due to various factors, such as local regulations, licensing requirements, and geopolitical considerations, ActivTrades is prohibited from offering its services in certain countries and regions. After your account is funded, you can download and install the trading platform of your choice (such as MetaTrader 4 or ActivTrader) and start trading. Additionally, you will be asked to verify your identity and address by uploading relevant documents, such as a government-issued ID and a utility bill. After submitting your application, you may also need to answer a few questions regarding your trading experience to help ActivTrades tailor the account to your needs. ActivTrades provides a range of powerful research tools to help traders stay informed and make informed decisions. No, ActivTrades is not an ECN broker, but a market maker, which means it takes the opposite side of your trades, provides two-sided quotes, and simultaneously acts as a liquidity provider.
Trader reviews highlight the broker’s strengths, such as competitive spreads, fast execution, and comprehensive educational resources. However, some traders note drawbacks like the limited range of assets and the execution of international trades through offshore jurisdictions. The Demo account helps users learn risk-free, while the Individual account offers simple access to markets with strong support.
Does ActivTrades offer high leverage?
While it is not publicly traded, it holds regulatory approval from the Financial Conduct Authority (FCA), a highly regarded U.K. Regulator, and Portugal’s CMVM, covering the entire European Union through MiFID. ActivTrades delivers a mobile trading app experience that we found to be fairly standard. The app is rated moderately well compared to peers, and includes all the core functionality traders need. Once the referred person meets minimum trading requirements within three months, both parties qualify for rewards based on the deposit amount. MT4 offers customizable charts, over 50 pre-installed technical indicators, multiple timeframes, and support for Expert Advisors (EAs) to automate trading.
At the time of writing, ActivTrades has swap rates of -1.07 pips for long positions in EUR/USD and 0.40 pips for short positions. Long positions incur swap fees of $10.70 per standard lot, whereas short positions earn interest of $4.0 per night. Positions in currency pairs and precious metals incur triple swap rates on Wednesdays. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
- The ActivTrades cashback program offers traders the opportunity to receive bonuses for each completed transaction.
- Also, the broker charges a fee for account inactivity, which can significantly increase costs for clients who do not trade regularly.
- Regarding trading platforms, ActivTrades offers a good selection, including its proprietary ActivTrader platform, alongside popular platforms such as MT4, MT5, and TradingView.
Which markets can I trade with ActivTrades?
This information helps ActivTrades ensure that their services are appropriate for your needs. When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources. RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in activtrades forex broker the industry.
- My favourite things to trade here are indices like this, and tech is especially interesting right now.
- ActivTrades also provides video content, such as its weekly Monday Market Matters webinar series.
- I tested ActivTrades’ flagship platform, which has a familiar and user-oriented interface.
- Yes, based on your detected country of FI, you can open an account with this broker.
- The illustrious ActivTrades Group holds regulation by FCA, SCB, CSSF, CMVM, BACEN, and CVM (ActivTrades CCTVM).
Filippo Ucchino created InvestinGoal, an Introducing Broker company offering digital consulting and personalized digital assistance services for traders and investors. A demo account with any broker is a great starting point whether you are a new trader, or just new to this broker. It provides you the chance to get to know exactly what is on offer in a realistic trading environment, but with no-risk, trading virtual currency.
ActivTrades Review
Setting up a demo account is hassle-free, as you must select your preferred platform, base currency, virtual balance, and leverage ratio. In the competitive world of online trading, selecting a reliable and efficient broker is paramount. ActivTrades, established in 2001, has consistently positioned itself as a trusted partner for traders worldwide. With a strong regulatory framework, diverse trading platforms, and a commitment to customer satisfaction, ActivTrades offers a comprehensive trading experience.
ActivTrades
I was disappointed to see that the broker’s Weekly Outlook videos seem to have been discontinued in recent months. It’s also worth noting that ActivTrades streams headlines from FxStreet within its platforms, a feature that helps to round out its overall offering. ActivTrades’ hour-long webinars are available in 7 languages, including English, German, French, and Chinese. Highly informative and practical, they often cover the current trading landscape, but also focus on trading-specific topics, such as trading plan and risk management.
I also discovered that ActivTrades displays live spreads data, helping visitors to the website assess the competitiveness of the broker’s trading fees across different markets. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.
There are plenty of educational materials that are freely available and this can be studied at any convenient time. The tools for technical analysis are fairly standard, but normal options can be assembled. I saw many reviews where people stated that it’s a broker for professionals, but it works not only for them. Yeah, the minimum deposit sum tells us that novices rarely have material opportunity to start trading with this broker.
ActivTrades offers a universal trading account with no minimum deposit, no commissions, and floating spreads from 0.8 pips. The broker maintains a rigorous client categorization policy and offers both CFD trading and spread betting. The trading platform is comprehensive in the data it provides too with both real time charting, and a market sentiment indicator available for you to utilize. The platform is a good experience all round and an excellent alternative to the other MT4 and MT5 trading platforms made available by the broker. ActivTrader is ActivTrades’ proprietary trading platform, designed with the requirements of modern traders in mind. This platform offers an intuitive interface, a wide selection of technical tools and features, and innovative risk management solutions.
Besides the standard market, limit, and stop loss orders, account users will benefit from advanced order types like Fill or Kill and Immediate or Cancel. Though there’s room for ActivTrades to grow in the Research and Education categories, the broker has built a solid foundation in these areas. While its average spreads are better than the industry average, there is no active trading account or volume-based discounts, and ActivTrades offers fewer markets than the best multi-asset brokers.
I consider ActivTrades is an excellent choice for day traders of all experience levels, and a solid option for those looking to engage in spread betting. On the downside, spreads on some popular instruments are high, and there is no raw spread account and copy trading solutions. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. ActivTrades provides reliable 24/5 customer support via live chat, WhatsApp, email, or over the phone.
What account types does ActivTrades provide?
My only two gripes with the platform are that the charts screen does not have a full-screen option, and that the lowest timeframe is 1 minute. Deposits and withdrawals with ActivTrades are free of charge, though third-party processing fees may apply. The values listed below are for one full base currency contract (100,000 units). The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality. These include two metals in gold and silver, as well as two energies in WTI, and Crude oil.
While this may not appeal to everyone, it does mean that you accurately know the cost of your trades with little divergence, and gives the broker a lot of scope on things like fees. These come from a range of exchanges all around the world including 2 indices in the US, 12 in Europe, 7 in Asia, 6 in South America, and one each in South Africa, and Australia. Unlike many brokers, you will be glad to note that ActivTrades does not charge any inactivity fee. The only account type which does not feature this fee is the Islamic trading account in order to remain Sharia compliant.
The ETF trading environment is designed to combine the benefits of diversification with the cost-efficiency of a single instrument, thereby supporting a variety of trading strategies. Recognizing the growing popularity of digital assets, ActivTrades has expanded its offerings to include cryptocurrency trading via CFDs. This market gives traders access to digital currencies such as Bitcoin, Ethereum, and other altcoins, allowing them to participate in the volatility of the crypto market without directly owning the assets. The trading conditions are structured to manage risk appropriately, reflecting the high volatility typical of cryptocurrencies. ActivTrades offers multiple account types designed to meet the needs of different trader profiles.
According to industry research from ForexBrokers.com, ActivTrades has a Trust Score of 81, placing it in the «Trusted» category. ActivTrades complements these offices with 24/5 global customer service via phone, email, and live chat, available in multiple languages to meet the needs of traders worldwide. ActivTrades has dedicated an entire section of its website to learning and education, demonstrating a strong focus on helping clients improve their financial knowledge.