ActivTrades
ActivTrades Review
ActivTrades is the best forex broker that offers forex trading services for institutional and retail investors. It was initially founded in 2001, when it became the market leader for Italy, Germany, and France. It moved its headquarters from Switzerland to London in 2005. Activ Trades has recently opened offices around the world, including one in Dubai, which specializes in trading needs within the Middle East. Let’s have an in-depth analysis and get an honest Active Trader review of its features.
10 Points Summary
UK
FCA, CBS
MT4, MT5
24/5
0.63 pips
Available
250 US$
USD, GBP, EUR
Education center and contests
50 currency pairs, cryptocurrencies, metals, indices, commodities, and shares.
Activ Trades Review
Is ActivTrades a Good Forex Broker ?
ActivTrades offers a wide range of benefits that make trading the financial markets smooth and pleasant while giving traders the opportunities they need to be successful in both the short and long terms. vTrades offers a wide range of benefits that make trading the financial markets smooth and pleasant while giving traders the opportunities they need to be successful in both the short and long terms.
Proposed benefits include access to diverse financial instruments, awarded platforms, complete trading solutions, and exceptional trading tools. Clients can trade more than 50 currency pairs, metals, indices, cryptocurrencies, commodities, shares, and ETFs. Also, UK clients can access spread betting.
There are many respects and recognitions that have proved Activ Trades successful years. In contrast, official figures prove it even more than needed: 95% customer satisfaction: in its latest survey, overall experience with ActivTrades Corp. was described as good or excellent by 9 out of 10 of its clients.
Pros & Cons
| Pros | Cons |
| Low trading fees | Slim product portfolio |
| Excellent account opening | Basic research tools |
| Free deposit and withdrawal | Inactivity fee |
How to open your ActivTrade Account
ActivTrades is a reliable broker with an excellent trading environment and powerful technology. The account opening procedure is fully digital, easy, and fast. The account will be verified within a day.
The first step in opening an account is choosing your country of residence and entering some basic details about yourself, such as your name, email address, and password. Based on your country, Activ Trades may offer to change the entity you would like to register at. This is significant because the entity affects your investor protection, and products and fees might also be different.
Then you have to complete a four-step registration process.
- Account holder information: personal details, home address, tax residency
- Trading experience: how long you have been trading in CFDs, the number of trades, the average lot size per trade
- Financial and account information: employment status, income and savings, source of funds, trading preferences
- Trading account setup: choose your trading platform and the base currency.
Finally, add your documents (ID or passport, bank statement or utility bill, etc.) and a photo for client verification.
Active Trader offers different account types for traders, including individual or professional accounts. Individual accounts allow trading in mini- and micro-lot transactions, while professional accounts require significant financial portfolios exceeding $500,000. Of course, it is clear that brokers offer free demo accounts, which provide convenience for beginners. Respectively, Islamic or Sharia law-compliant accounts are also available.
Leverage In Forex
Activ Trades offers a tight spread, no hidden fees, and no rejections. It’s enhanced by fast execution. Residents of Dubai or the Bahamas cannot leverage more than 1:30 on major currency pairs regulated by FCA regulation. However, they can get up to 1:400 on other Forex products that are not regulated in the same way as these major currency pairs.
ActivTrades offers an excellent trading experience with competitive spreads and live chat services. If you’re interested in opening a forex account with them, then go ahead.
The aforementioned ActivTrades leverage of 1:400 for residents living within Dubai or the Bahamas entity does not apply to major currency pairs, which are monitored by key implications like FCA regulation that strictly restricts it at max 1 for residents residing overseas but allows higher amounts when dealing locally (max is also different depending on the resident country).
Awards
ActivTrades Corp. has been in business for 20+ years and is internationally recognized. You should know that many people have acknowledged Activ Trades success over the last two decades, so take note of these facts: 95% customer satisfaction. In a recent survey, nine out of ten users described their overall experience as good or excellent with ActivTrades.
Is ActivTrades Safe or a Scam
ActivTrades is a trusted and reliable investment firm that has been doing its best to improve services since it was founded. It offers low-risk trading, which means traders can be at peace knowing their investments are safe with this company.
Is ActivTrades Legit?
ActivTrades is regulated by the Financial Conduct Authority (UK) and is a member of the Financial Services Compensation Scheme. Meanwhile, Activ Trades is also regulated by the Dubai Financial Services Authority and operates under an offshore entity located in the Bahamas.
ActivTrades provides protection from negative account balances and funds in segregated accounts, accompanied by additional insurance for up to $1 million, making them much safer than other brokers.
.
Instruments
When it comes to trading for UK residents, they can choose from a range of financial instruments like cryptocurrencies and indices. We also have access to commodities and spread betting. Alongside these widely offered trading instruments is the ability to trade US T-notes and German bonds as well.
Fees
When you use ActivTrades, here are the fees: a spread in forex when trading, and non-trading fees (such as monthly maintenance).
| Fees | ActivTrades Fees |
|---|---|
|
Deposit Fee |
No |
|
Withdrawal Fee |
No |
|
Inactivity Fee |
Yes |
|
Fee ranking |
Low |
Activtrades Spread
ActivTrades spreads for currencies, indices, and financial CFDs are set at 0.5 pips each. This makes it one of the most favorable brokers on these types of trades, with commissions starting at €1 per side and commission-free spread betting shares trading. a clear opportunity to trade in various instruments.
Besides this, there is no overnight adjustment (the underlying futures price already accounts for the adjustment), which reduces the possible risks or errors you may make when calculating positions by yourself.
ActivTrades is a popular CFD broker that offers good opportunities, not just for traders who use more mainstream instruments like currency pairs and futures contracts but also for those who are interested in trading more exotic instruments, such as index options or volatility indexes.
| Asset/ Pair | Spread |
|---|---|
|
EUR USD Spread |
0.63 pips |
|
Crude Oil WTI Spread |
3
|
|
Gold Spread |
35.75 |
|
BTC/USD Spread |
1% |
ActivTrades Review
Snapshot of Forex Spread
Methods of Payment
Clients can complete deposits from their online personal area with just a few clicks, making the process much less time-consuming and easier.
Deposit Options
ActivTrades Plc offers various payment options, like bank transfers and credit/debit cards. They also accept Neteller, Skrill, and Sofort as forms of payment. On top of this, the company offers an ActivTrades Prepaid Card, which includes free monthly service and has no fees. This card gives you all the benefits of a Mastercard, so there are minimal fees that you have to pay while taking care of your own finances on the go.
What is the Minimum Deposit?
ActivTrades requires a minimum deposit of $250, which means you can start trading on the platform right away.
| ActivTrades | |
|---|---|
|
Minimum Deposit |
$250 |
Withdrawals
ActivTrades doesn’t charge clients for deposits made using bank transfers or e-wallets, but there is a drawback. When withdrawing funds from your account, the investor needs to calculate 0.75% of credit card payments in the UK and EEA area or 1.5% outside this region. As far as withdrawal fees are concerned, transferring money to ActivTrades Prepaid Mastercard or an e-wallet will be free; however, 12$.50 USD withdrawals will cost due to currency conversion no matter where you live in the world!
Forex Trading Platforms
ActivTrades is the best forex trading platform provider, offering its proprietary ActivTrades trading platform and two other well-known platforms, MetaTrader 4 and MetaTrader 5, with an exclusive offering of add-ons for currency conversion, no matter where you live in the world!
Web Trading
ActivTrades is a web-based online forex trading platform that allows you to trade straight from the browser. It also has an app for iPhone or iPad with a modern and easy-to-use interface, plus cutting-edge features for experienced traders of all trading styles. Not only does it have 90 technical analysis indicators on offer, but it also has more than 2500 symbols that can be traded.
Desktop Platform
ActivTrades has a variety of user-friendly platforms for traders. They offer something for those who prefer MetaTrader4 and are not as experienced with MT5, but they also have advanced charts and security standards that come with automated trading through their EAs (Expert Advisors). MetaTrader5 is an updated platform that allows you to trade forex, stocks, ETFs, or 450 CFDs on various characteristics while facilitating automatic trades. It integrates your statements easily, too!ActivTrades has a variety of user-friendly platforms for traders. They offer something for those who prefer MetaTrader4 and are not as experienced with MT5, but they also have advanced charts and security standards that come with automated trading through their EAs (Expert Advisors). MetaTrader5 is an updated platform that allows you to trade forex, stocks, ETFs, or 450 CFDs on various characteristics while facilitating automatic trades. It integrates your statements easily, too!
Trading Tools
Besides the powerful platform and trade utilities, there are also numerous automation features available. These include trading tools, decision-making tools, or any of the indicators we have!
Customer Support
They offer a support and education center with live chat and an average 27-minute response time. Client service has won numerous awards for its innovative work. The main goal of the offered educational system is to keep traders up to date with new developments in technology, market trends, and features.
Education
ActivTrades is committed to providing you with access to a range of educational materials, analyses, and courses. They also have an inbuilt powerful analytical tool that will allow you to better learn and trade. What’s more, if you open up your demo account here, they will generously give you $500 worth of free trades upon signing up.
Conclusion - ActivTrades Review
ActivTrades provides you with educational materials, analyses, and courses in order to help you trade. The site also has an inbuilt powerful analytical tool that will help beginners learn better. Within our ActivTrades Review, we fund satisfying trading conditions with low spreads, no dealing desk intervention in the trading process, and quite competitive conditions.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail CFD accounts lose money. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.