ActivTrades Trading Platform Reviews, Pros and Cons, FAQs
The broker’s tight spreads give it a competitive advantage over some of its closest competitors. ActivTrades is quite transparent about its pricing, providing detailed information about the average spreads and swap rates of all available trading symbols. The professional account is designed activtrades forex broker for experienced traders who meet the broker and regulatory authorities’ specific criteria.
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ActivTrades offers several custom add-ons to make your life easier with more insight and control while trading. These include the SmartOrder tool, SmartTemplate and Pivot Points Indicators, and SmartPattern and Smartlines tools. This broker is governed by top-tier regulatory bodies, but it has taken matters a bit further with indemnity insurance of up to $1 million from Lloyd’s of London.
Does ActivTrades offer a demo account?
Traders also have access to a user-friendly mobile platform that allows them to trade on the go. Although ActivTrades doesn’t charge a withdrawal fee, it charges some conversion currency fees. This depends on the market prices, so some investors might be unsure of what they’ll eventually have to pay. Since this is a global platform, more traders would be interested in diversifying their portfolios to limit their risk.
- Overall, ActivTrades is a good broker with a strong reputation, an FCA license, and many years of successful operation, catering to both short-term and long-term professional traders.
- ActivTrades charges an inactivity fee after an account has remained dormant for a stipulated period, encouraging active trading or ultimate account closure.
- Based on my testing, ActivTrades offers a solid lineup of platforms, particularly excelling with MetaTrader 4 and 5, enhanced by valuable custom tools that elevate the trading experience.
- The company opened a branch in Lisbon roughly at the same time after receiving a license from the Portuguese Securities Market Commission (CMVM).
- 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.
ActivTrades offers a series of manuals covering MetaTrader 4, MetaTrader 5, and ActivTrader platforms. ActivTrades provides a steady flow of market analysis via the website and YouTube channel. The material is crafted by in-house analysts and maintains a high standard. Daily reports cover major stories in the markets, while the weekly outlook covers key themes for the week ahead. ActivTrades offers a swap-free Islamic account that adheres to the principles of Sharia law. The main advantages of the Professional account include higher leverage, a reduced stop-out level, and a dedicated account manager.
ActivTrades MetaTrader 5
- Providing timely and efficient customer support is one of the biggest strengths of ActivTrades.
- For comparison, OANDA offers over 1,600 share CFDs and 2,200+ shares for direct investment.
- It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
- After completing the deposit, you can start trading with real capital on the platform of your choice, such as ActivTrader, MT4, or MT5.
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). A noteworthy feature is ActivTrades’ demo account, which serves as a primer for those wishing to test the waters without financial commitment. With the paper trading account, traders can experiment with virtual funds under real market conditions. Recognizing the importance of inclusivity, the broker also facilitates Islamic (swap-free) accounts that adhere to Sharia principles.
ActivTrades Trading Fees
The availability of individual and professional accounts provides flexibility for traders with different levels of experience and trading needs. Clients of ActivTrades can access over 1000 tradable asset classes across its various platforms. The broad trading instruments comprise forex, cryptocurrencies including ActivTrades Bitcoin, spread betting, commodities, indices, and shares. However, a majority of them are CFDs in shares and are only available on the MetaTrader 5. ActivTrades doesn’t have a minimum deposit unless you’re in Brazil or China.
What Can You Trade on ActivTrades’s Platform?
However, clients are required to maintain an initial ActivTrades minimum deposit at the time of opening the account. ActivTrades is an online retail broker offering trading facilities in forex and more than 1000 CFDs comprising indices, commodities, ETFs, shares, cryptocurrencies, and spread betting. Additionally, brokers who offer competitive spreads like ActivTrades are suitable for those interested in increased market liquidity and short-term trading. Seasoned traders aren’t left ignored, as they can also reduce their costs over time. So, if these sound like your investment goals, you know ActivTrades has you covered. ActivTrades offers reliable and accessible customer support available 24/5 to assist with any trading-related inquiries.
With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it’s clear that Rational FX has built a reputation for providing reliable and unbiased information. ActivTrades offers a comprehensive FAQ section, educational resources, and trading guides to help clients navigate the platform and address common questions independently. ActivTrades provides a variety of secure and efficient deposit and withdrawal methods, ensuring a seamless experience for traders. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. Conversely, swap rates are positive (you earn interest) when the interest rate of the bought currency is higher than that of the sold currency.
Thanks to international regulation, ActivTrades offers clients a high level of protection. Client funds are held in separate accounts (segregated accounts) at central banks. ActivTrades is a regulated broker with FCA and CONSOB licenses, offering a wide range of trading instruments and platforms. We placed a few trades on the ActivTrader and MT5 and found the execution speed to be extremely quick, with hardly any slippages. However, when it comes to trading margins, you might discover ActivTrades leverage exceptionally low. That’s because the broker’s license with tier-1 regulators in the UK and Europe caps the leverage that can be offered to clients.
It supports trading platforms like MetaTrader 4 and MetaTrader 5, which are compatible with various automated trading systems and Expert Advisors (EAs). The broker’s clients highly appreciate the qualifications of the support service staff. The team of professionals is ready to provide quality assistance and promptly solve clients’ questions.
Yes, based on your detected country of DE, you can open an account with this broker. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Our ActivTrades review dives deep into the key features of this popular Forex brokerage – helping you make an informed decision when it comes to selecting your broker.
However, its leverage risk and inactivity fees can turn off some investors. ActivTrader is the broker’s in-house trading platform, designed specifically to meet the needs of clients. It offers more complex order types and grants access to trailing stops and hedging transactions in a smooth and user-friendly experience. Selecting the right broker is one of the most critical decisions any trader can make.
The platform is tailored to meet the needs of traders of all experience levels. Beginners appreciate its intuitive interface, comprehensive educational resources, and demo accounts, while experienced traders benefit from advanced tools and competitive trading conditions. ActivTrades offers its proprietary platform alongside the widely acclaimed MetaTrader 4 and MetaTrader 5, ensuring versatility in trading approaches. Our ActivTrades broker review shows that the broker has been in the industry for nearly 2 decades and is well known for its CFD offerings.