Add some nice spreads and high leverage to it, you have it, good trading environment. One of the primary advantages of ActivTrades is its competitive spread of 0.5 pips on the spread-based account, which is notably lower than brokers like Xtrade and Forex.com. This makes ActivTrades an attractive choice for cost-conscious traders, especially for those trading Forex. This extensive range ensures that traders of all levels and preferences can diversify their portfolios and find instruments that align with their goals. However, the range of available instruments may vary depending on the entity or region, with different offerings for clients in the UK, Europe, and other international markets.

Unquestionably ActivTrades‘ focus is on its clients, and the service they require in order to succeed. ActivTrades is an independent broker providing trading services in Forex, CFDs, and Spread Betting for both private and institutional investors. Although, there were also negative comments about this broker’s propensity to remove traders’ profits without good reason. The only drawback consistently mentioned was the high minimum deposit on the platform. Account holders who do not log into their accounts for at least one year will be charged an inactivity fee.

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. I was particularly impressed by ActivTrades’ lightning-fast execution and its intuitive, feature-rich trading platform. It also supports MT4, MT5, and TradingView, while delivering high-quality market research, responsive customer support, and comprehensive educational resources. ActivTrades’ one-size-fits-all trading account caters to the needs of different kinds of traders.

This level of customer service is a testament to ActivTrades’ dedication to ensuring a smooth and satisfactory trading experience for their clients. ActivTrades is a long-standing brand with a proprietary trading platform, ActivTrader. ActivTrades also provides a well-rounded offering of third-party platforms and a good selection of custom add-ons, indicators, and trading tools for MetaTrader. Drawbacks include a smaller selection of tradeable symbols and fewer educational resources than what’s available from the best forex brokers. With an impressive array of tradable instruments, innovative tools, and a strong commitment to client support, ActivTrades emerges as a potent contender among the best online brokerages.

Minimum Deposit

For example, the EUR/USD spread has a target of 0.5 pips but typically fluctuates around 1 pip. For other assets like commodities and ETFs, spreads tend to be favorable (around 1.5 pips) compared to industry standards. Please read our risk warning and disclaimer carefully before making any investment or taking any action. The analyses provided are for information purposes only and cannot replace an individual discussion with a competent person. Any liability for the direct and indirect consequences of these proposals is therefore excluded.

How to Open an Account on ActivTrades Mobile Trading App

Instead, customers pay administrative fees on their overnight trades after a certain grace period, which is not explicitly stated on the ActivTrades website. ActivTrades offers a single individual account tailored to the needs of retail customers. Registering a joint account with a spouse or another relative is also an option as long as both parties have created individual retail accounts first. Individual retail accounts incur no commissions on forex positions and facilitate trading in micro lots across all supported platforms (MT4, MT5, ActivTrader). Customers have access to an intuitive proprietary platform (ActivTrader) alongside industry favorites like MT4, MT5, and TradingView.

Should You Day Trade With ActivTrades?

As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. ActivTrades is regulated by several global authorities and fully complies with MiFID regulations. This ensures strict adherence to international financial laws and best practices, safeguarding clients’ interests and ensuring transparent, lawful operations. ActivTrades provides an easy-to-understand and transparent fee structure, pivotal for traders prioritizing cost-effective trading.

The MobileTrader App combines convenience with functionality, ensuring traders never miss a market opportunity. The ActivTrades Mobile App offers traders unparalleled flexibility, enabling them to access their accounts and manage trades on the go. The app supports all platforms, including ActivTrader, MT4, MT5, and TradingView, ensuring a seamless experience across devices.

• You cannot even imagine how surprised I was when I realised that my trading style is able to bring me good profits.
• Compare the markets and instruments offered by ActivTrades and its competitors.
• When it comes to executing your trades, ActivTrades is a market maker broker.
• This includes futures on 16 indices, 9 agricultural assets, 4 energies, 1 metal, and more.
• A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

In addition, all monies are only kept in reputable banks such as Barclays Bank, Lloyds, RBS, and Citibank. They also provide an email, a live chat option, and an online form on their website, along with a robust help section where users can search and find solutions to common problems that clients face. Finally, the broker can also be reached via its social media pages on Facebook, Twitter, and LinkedIn. Processing times on ActivTrades are usually about 30 mins for most methods except bank transfers which could take up to 24 hours. The search tab makes it easy for traders to find their preferred financial instrument. ActivTrades provides a vast number of options for trading, and this feature helps its customers to identify the asset they wish to trade.

ActivTrades maintains a strong international presence with local offices that provide dedicated customer support in multiple regions. These offices help ensure that clients receive localized assistance in their language and time zone, activ trades review enhancing the trading experience globally. Most payment methods are fee-free and process within 30 minutes or the same working day.

• He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016.
• These fees are determined by the difference in interest rates between the currencies involved in a trade and can either be credited or debited to the trader’s account.
• To claim your reward, you need to make sure that your referral signup with the broker using your referral link.

Is ActivTrades Safe to Trade With?

Those who decide to trade with the broker can register a demo, individual, professional, or Islamic account. Furthermore, it offers a wide range of platforms, including MetaTrader 4 and 5, and ActivTrader, a proprietary trading software that runs on both desktop and mobile apps. The Professional Account is designed to cater to high-frequency and algorithmic traders who require more sophisticated trading tools and tighter execution standards. However, there are eligibility requirements—such as a demonstrated trading history or specific financial criteria—that must be met to qualify for this account type.

Additionally, traders should note that currency conversion fees of 0.5% may apply if the withdrawal is made in a different currency than the account’s base currency. Its user-friendly design allows for smooth navigation, while features like one-click trading and customizable layouts enhance usability. The platform integrates real-time market data, advanced risk management tools, and a suite of analysis options, making it suitable for traders of all levels. ActivTrades does not charge deposit or withdrawal fees, which is a positive feature for traders. The broker applies a 0.5% currency conversion fee for deposits and withdrawals made in a different currency than the account’s base currency.

ONLY ON Forex Brokers Reviews

You should only engage in any such activity only if you are fully aware of the relevant risks. The majority of the company’s representatives have undertaken the customer function exam which outlines their commitment to delivering the highest standards of customer service. Cryptocurrency is an online digital currency that is made of complex mathematical algorithms and decentralised. If you are a trading in a jurisdiction where it is allowed, you can have access to trade cryptos including Bitcoin and Ethereum. The foreign exchange (forex) market is the largest in the world in terms of trading volume, with a daily average of more than $5 trillion traded.

It is considered safe, as it is regulated by the FCA (UK), SCB (Bahamas), CSSF (Luxembourg), and CMVM. The broker also incorporates several protective measures, including insurance on customers’ funds up to $1,000,000. The company ensures that it stays compliant with the Markets in Financial Instruments Directive (MiFID). It also engages in regular audits carried out by PricewaterhouseCoopers (PwC), a leading accounting firm based in the United Kingdom. The broker has a robust insurance policy that ensures that in the case of insolvency, clients are protected from losses on amounts between $10,000 and $1,000,000.

Additionally, it employs state-of-the-art technology to protect customers’ confidential information. The risk management at ActivTrades is offered through Negative balance protection, and Guaranteed stop loss (GSLs). An option of a professional account is also available for clients based in the UK and Europe. Seasoned traders who are comfortable with the inherent risks of CFD trading may sign up for this account type. The company doesn’t charge any fees on deposits except for payments made via cards. Funds transferred via cards attract 1.5% charges of the transactional amount.

ActivTrader is the browser-based proprietary platform of the broker that requires no additional software downloads on desktop. The absence of a strategy tester is among the very few shortcomings of ActivTrader. Here is what makes this intuitive proprietary platform stand out from the crowd. Customers with professional accounts can additionally participate in the broker’s cashback program and earn referral bonuses for every new client they introduce to ActivTrades. The broker does not exclude them from negative balance protection and investor compensation, a rarity in the industry. Customers can apply for pro accounts by downloading and filling out the PDF application form on the website.