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ActivTrades Review 2023 Pros and Cons Forex Brokers

16 Oct

Forex Trading

The sheer number of the platforms alone is a reason to be excited about using the broker. Available are the two MetaTrader platforms, the MT4 and MT5, and also the ActivTrader and TradingView. The activtrader is a very functional software, and you can do a lot with it. They offer £10,000 in virtual funds for users to test their ability in the financial markets.

Our experts found out that the broker has fully regulated status by the reputable FCA, so traders can be assured their investments are safe and considered low-risk Forex trading. The broker has been actively improving its services through the activtrades forex review years and has been able to establish a reputation as a trusted and reliable company to cooperate with. ActivTrades welcomes traders with a minimum deposit requirement of $0, offering accessibility to a wide array of market participants.

From there, it grew into an international brokerage, presently catering to traders from over 140 countries. With its origin as a Forex broker, it expanded and now maintains over 1,000 CFDs across six categories. Technology fulfills a critical role at ActivTrades, as evident in intensive investment in the trading infrastructure and its development team in Bulgaria. Adapting to varied user preferences, ActivTrades provides its platforms in a format suitable for both Windows and Mac desktop users, offering a stable and comprehensive trading environment. ActivTrades does not impose withdrawal fees, ensuring traders can access their funds without additional charges. Trading platforms are complex and there are an infinite number of trading strategies.

Everyone can agree that the most important aspect to look for in a broker is safety and security. There are a couple of indications that can tell whether your broker can be trusted or not. Remember that software’s past performance does not ensure future results and you may lose some or all of your invested capital. Please ensure your method matches your investment objectives, study the risks involved and if necessary seek independent advice.

Hard work and discipline are the two keys to becoming a successful trader. In the top right corner, you’ll be able to see “Open an Account” in green. By clicking on that button, you’ll be sent to the application page. You’ll be asked to provide details about your income, employment status, trading experience, etc. The information helps the broker to provide offerings that best suit clients’ needs.

  1. As for FX traders, certain indexes can help predict the strength of currencies.
  2. ActivTrades also supports clients in multiple languages, including English, German, French, Italian, Spanish, Portuguese, Polish, Chinese, and Arabic.
  3. Fees charged by ActivTrades are low compared to the industry average.
  4. Also, the points can win you special gifts like tablets, iPads, etc.
  5. Well-put-together educational material can speed up the learning curve.

It’s safe to say that ActivTrades offers some of the best prices in the industry. You will also be able to choose a trading account currency out of USD, EUR, GBP, and CHF offered. As already mentioned, choosing the currency you use the most can save you fees on conversion. In this regard, ActivTrades is an exception as the broker only offers 2 types of live accounts, one of which is an Islamic account. Most other brokers offer 3 or 4 different types of accounts and on top of that, Islamic versions for each.

Latest Trading News

As for the indices, traders are offered Cash indices and index futures. There are 14 cash indices available with spreads from as little as 0.2 pips. Indices have dual use, they help traders analyze certain industries and sectors, and they can be traded as CFDs.

Having access to professional customer service is super important for every trader. ActivTrades offers 24/5 active live support via chat, free call, and email. The customer support agents are highly professional and were helpful in answering our inquiries. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Traders without existing trading solutions developed in the MT4 infrastructure may find ActivTrader, the proprietary trading platform offered by this broker, visually appealing.

Non-trading fees

The establishment and development of great customer relationships are essential for every company’s success. ActivTrades provides a professional and friendly team of customer service agents that are accessible 24/5. The software gives access to all of the instruments offered by the company for trading. MetaTrader 4 is a widely known trading platform used by Forex traders globally. As a result, you can find vast amounts of algorithms or Expert Advisors developed for this software. Low trading fees are one of the most important features when it comes to choosing your next broker.

Please note that the standard timeframe and bank wire transfer fees may change. The broker does its best to process requests within the given timeframe, however, there might be some delays. At the heart of our trading infrastructure is the unparalleled prowess of the IBM Cloud. Meeting the exacting demands of our clientele, which centers around minimal latency and swift trade execution, is paramount. We have made the strategic decision to harness the superior cloud infrastructure of IBM, renowned for its top-tier cloud architecture.

ActivTrades Overview

In addition, the broker provides traders with manuals and trading dictionaries. Furthermore, economic calendar and market analysis are also provided. Traders can easily access the educational resources from the broker’s main page, under the “Learn to Trade” tab. Both individual and professional accounts share similar features such as negative balance protection, FSCS protection, segregated accounts, and best execution. However, the standard individual account includes features such as rewards, risk alerts, and leverage warnings. ActivTrades offers a demo account where users can test their skills with £10,000 in virtual funds.

ActivTrades Review Conclusion

After providing your personal information, you’ll be able to choose trading software. ActivTrades provides access to 18 commodities and commodity futures, such as COCOA, COPPER, NGAS, DIESEL, CORN, COTTON, etc. Spreads for crude oil and Brent oil start from 0.03 pips (in points). As already mentioned, there are certain advantages and disadvantages to trading stock CFDs. Keeping this in mind, never invest more money than you can risk losing.

ActivTrades Account types

ActivTrader, the proprietary trading platform, provides a sound choice for manual traders. Since client service won numerous awards and the main aim of the offered education system is to keep traders up to date with new features, technology developments, and market trends. These include trading tools, decision-making tools, and numerous indicators. With MetaTrader5 you will find updated, extended characteristics, bringing online trading to the deepest level. The platform enables to trade of more markets like shares and ETFs, more than 450 CFDs on stocks with wide characteristics and availability to auto trade, with integrated trading statements. Delving deeper, instrument-specific insights further fortify traders’ decision-making arsenal, elucidating nuances of specific tradable assets.

ActivTrades has laid a firm foundation in the educational domain, yet when juxtaposed against industry frontrunners, there are avenues it might traverse further. An inactivity fee is levied after an account has remained dormant for a stipulated period, encouraging active trading or account closure.

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