ActivTrades Trading Platform Reviews, Pros and Cons, FAQs
I like that there are digital wallet options as I find this often to be the quickest way to get access to my funds. On the website you will find a vast range of educational trading videos suitable for all types of traders from the new to the more experienced. Important topics covered include how to use the trading platforms and trading tools. Videos are well presented and annotated, making them easy to understand.
Guaranteed Stop Order Fee
The minimum deposit required to open a UK account with ActivTrades is £10, which is relatively low compared to other brokers. Welcome to our comprehensive review of ActivTrades, a global multi-asset CFD and forex broker offering trading services since 2001. Our assessments are based on factors such as fees, customer service, and product features. ActivTrades charges variable spreads from 0.5 pips for key forex pairings such as EUR/USD and USD/JPY. The platform also prioritizes speedy order execution and incorporates risk management tools that align with ActivTrades’ commitment to safe trading practices. Like other accounts on our platform, this category provides negative balance protection and enhanced funds protection for accounts with a balance of $1 million or more.
Rollover Rate/ Swap Fee
These can add order types such as OCO orders, and forecasts based on past and present pricing of the asset, as well as supports and resistance levels. Therefore, while indirect in the way they are provided, they are still a valuable resource in terms of research at the broker. Unfortunately there is no dedicated research section at ActivTrades. The only thing offered in this respect as research tools are plugins that can be added to your MT4 trading platform. The only account type activ trades review which does not feature this fee is the Islamic trading account in order to remain Sharia compliant. These spreads leave the broker in a very competitive position when compared with some other major brokers in the sector.
Is ActivTrades regulated? – Regulation and safety for customers
- The average Forex spread is 0.5 pips on the EUR/USD pair, making it an attractive choice for cost-conscious traders.
- It offers competitive spreads starting at 0.5 pips, and there’s no inactivity fee.
- ActivTrades also provides extra insurance coverage to protect customer assets.
- A powerful lineup of intuitive and advanced platforms can cater to beginners and experienced traders.
- Clients appraised the company’s low spreads and instant trade execution policy.
- ActivTrades is a well-regulated broker offering a popular range of trading options, including Forex, CFDs, cryptocurrencies, and more than 1,000 instruments in total.
TradingView, on the other hand, strikes an excellent balance between being user-friendly and feature-rich, further enhanced by its social component. ActivTrades does better than a generic MetaTrader broker by offering a well-designed proprietary platform, original research and educational materials, and reliable customer support. ActivTrades’ clients can opt for plenty of trading platforms, including MetaTrader 4 and MetaTrader 5, with add-ons, seamless TradingView, and an intuitive in-house ActivTrader platform.
- I mostly used live chat, which is available directly from the client dashboard and the ActivTrader platform.
- In addition to all the other financial instruments available, this broker also provides ETFs to traders that use its services.
- The brokers demo account which is available for 72 hours without registration is also available through these platforms.
- It follows strict rules set by top authorities like the FCA in the UK and CSSF in Luxembourg.
- For traders within or outside the European Economic Area (EEA) who wish to fund their accounts with a credit card or debit card, the broker charges a 1.5% fee on the deposit amount.
Moreover, CFD trading fees are slightly higher than the industry average. You can use MT4 and MT5 with their familiar charting tools that allow you to execute your orders seamlessly. This broker offers special add-ons to allow investors to adapt to the changing market conditions with advanced order types and execution features.
Available Assets at ActivTrades
This a section of the website is dedicated to frequently updated market analysis that includes the latest opinions and commentaries from market experts. The articles contain detailed insights along with chart screenshots to illustrate the analysis which I think makes them easier to interpret. SmartForecast is another powerful MT4 indicator that combines chart retracements along with market trend analysis to give an overview of the current market. It automatically calculates the support and resistance over the short and long term. MT4 is available for desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
What Extra Trading Services does ActivTrades Offer?
ActivTrades is a globally recognized online brokerage known for its user-friendly platforms and advanced risk management tools. The broker caters to traders of all levels, providing innovative solutions and exceptional customer support. The key features are summarized in 10 points, covering aspects like Regulation, Account Types, available Trading Platforms, and more.
In the section below, our ActivTrades review discusses each of these charges. There are 1000+ CFD stocks offered by this broker on its proprietary platform, Metatrader 4, and Metatrader 5. Traders who use them take long or short positions based on their analysis of the market.
Some users mention slightly higher costs but find the quality worth it. These include two metals in gold and silver, as well as two energies in WTI, and Crude oil. When it comes to regulation, the broker understands the need for recognized and trusted bodies to oversee the operations and provide a good measure of security. Another positive side of ActivTrades is their level of insurance coverage which stretches up to $1,000,000. However, ActivtTades does not provide services to residents of the United States, Canada, Syria, Afghanistan, Iraq, Iran, and North Korea. The main advantages of the Professional account include higher leverage, a reduced stop-out level, and a dedicated account manager.