The broker offers daily exclusive markets and technical analysis and the clients have access to a huge archive of regular webinars. ActivTrades PLC was established in Switzerland in 2001 and is headquartered in London. The broker has quite a strong customer base in the EU across Germany, Italy, Portugal, and France and an extensive overseas market extending to Australia. ActivTrades is a non-advisory and executioner broker, which means that the broker does not provide investment advice or recommendations to its clients.
Second but not least, I would like to note that they have a pretty mobile app. Thus the orders remains under control as you may react wheever you need according the news for example. I aggregated all my funds in this account, now I only trade here. The main https://trading-market.org/ benefit here is the possibility to trade with good spreads while paying no commission. ActivTrades has excellent in-house content published regularly. Its materials are diverse, affording traders a comprehensive overview of current market developments.
Based on our research, deposits or withdrawal requests on ActivTrades platforms can be done from an online Personal Area, which makes the process seamless and easy. The broker allows to choose major currency types like USD, GBP, and EUR, however, doesn’t support minor currencies. Hence, to qualify for the cashback program, the traders need to make a trade of over $50 million. For every lot traded, the client receives an equivalent of 20 percent reduction on the spreads, 20 percent reduction on Shares commission, and 20 percent on swaps. ActivTrades Cashback program is offered to traders who cross $50 million in notional value of forex and CFD trading. ActivTrades brokers boasts more than 1000 financial instruments with thousands of registered traders from across the globe, including customers in countries like Singapore, France, and the UAE.
ActivTrades Alternative Brokers
This ensures traders are able to trade using Expert Advisors, or Robots as they’re more commonly referred to. Either those they have bought, or created themselves using a program like EA Studio. Traders can access the platforms through the web, mobile devices, or by downloading the software on their desktops. However, they spread their wings over time to include other products such as spread betting and CDFs.
The amount of investor protection depends on where you open an account. We missed however 24/7 availability, as customer service is only 24/5. You can set alerts and notifications in the form of email, push notifications to mobile, or notification to the desktop platform. activtrades review However, categorization is a bit confusing as there are several forex categories. We also missed the usual search function when you can type in the asset names manually. The mobile platform’s design and functionality is exactly the same as the web platform’s.
For example, the table below shows the forex fees of a position. These tools include a selection of up to 103 technical indicators. The only downside of this platform is that there is no historical data based on events such as the inflation rates of specific countries. You can also trade cryptocurrency CDFs, but only those under the Bahamas-regulated entity. The user interface of this platform is friendly and highly customizable so that you can adjust the sizes and positions of different tabs.
💵 ActivTrades Minimum Deposit :
Please refer to the mask below for a quick overview of the differences between individual and professional accounts. Please note that the maximum number of accounts per client is 10. However, some exceptions can be made on a case-by-case basis. When you make a trade, first you need to choose the asset that you want. Then, analyze the asset you selected and make a forecast of the price movement. After, open the order mask and ready to place your position and choose the order volume you prefer.
This fee is for the conversion of a closed loss and profit if the quote currency differs from the base. The product portfolio at ActivTrades is limited to CFDs and Forex. The platform offers access to over 1200 CFD markets, a smaller collection than competitors.
ActivTrader is powered by Trading View – one of the biggest and most sophisticated social networks for traders – giving it an edge over other retail platforms. The charts window occupies the middle portion of the window, a watch list of selected instruments is positioned on the left, and all essential account info is at the bottom. ActivTrades has no social trading option, and automated trading is unavailable on its proprietary platform. However, traders wanting to engage in algorithmic trading can take advantage of the Expert Advisors (EAs) features of MetaTrader 5.
Who is the owner of ActivTrades?
Alex Pusco has founded ActivTrades in 2001 and StreamBank in 2021. Since the beginning, ActivTrades has been a pioneer in online trading.
The broker provides responsive customer support and insightful educational materials, but its excellent proprietary platform is what makes it stand out against other brokers. It has some great and unique features that give ActivTrader a leg up over other commercial platforms. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
Its design is much more user-friendly and better suited to accommodate sophisticated technical analysis. In addition to supporting widely used features like one-click trading, ActivTrader also has its own unique attributes, such as the above-mentioned progressive trailing stop. Brokers operate multiple entities because it allows them to serve clients worldwide. But licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection.
It enables automated execution in the chart based on pre-defined Trendlines. It is a tool that saves you time and identifies entry points for buy and sell orders, with the capability of giving you a precise execution with no delay in time. With this tool, traders can manage multiple charts, with pre-set automatic Stop Loss / Take profit set up for each one of them. It is an indicator for both Trendline’s unique label and price level covered, which also allows a trader to enter volume and direction for their order. Please note that market data for CFDs on shares is displayed with a 15 minutes delay for the MT5 demo accounts. This fee is applied if the account has been inactive for over a year and there is a balance in the account.
ActivTrades Spreads
The broker will redirect the user to the next page only if the broker is satisfied with the answers. ActivTrades includes the Progressive Trailing Stops Order and all the platforms are compatible on PC, iOS, and Android devices, allowing mobile trading on the go. The trading broker also offers free advanced trading tools including Smart Lines, Smart Order Two, Smart Patter, Smart Forecast, and many more.
- The order types available include; Market execution, pending order, buy limit, sell limit, buy stop, sell stop, buy stop limit, sell stop limit, and stop loss.
- First of all, they do a really great job of educating their clients.
- It operates 24 hours a day 5 days a week and supports 14 languages.
- However, you can use the MetaTrader 4 and MetaTrader 5 platforms on the desktop.
- You cannot look up, for example, historical US inflation data.
- In addition, ActivTrades offers its unique progressive trailing stop, giving traders extra peace of mind and the ability to squeeze the maximum out of their trades.
ActivTrade offers a 24/5 customer support which is competent and very polite. Their website also features options such as inquiry and call back requests, including the remote support app which provides access to the trader’s computer by the ActivTrade team. This app is not common in the industry, which means that ActivTrade is one of the pioneers of this idea and earns an extra point from us for the innovation. Also, the distant support app is completely optional so the traders can decide for themselves whether they want it or not. Although ActivTrades has limited account types, it offers competitive spreads and a great product offering. Its platforms are available on web, mobile, and download, and they offer various features to enhance the trading experience.
It is used to set the price of two-thirds of the world’s internationally traded crude oil supplies. It is one of the two main benchmark prices for purchases of oil worldwide, the other being West Texas Intermediate (WTI). The Nonfarm Payrolls (NFP) are among the biggest market movers in the Forex markets and probably the most-watched Forex news item, together with central bank events or interest rate decisions. On ActivTrades, 24h support center is available through Live chat and email with an average of an amazing 27 min response, which is definitely good for you as a trader. ActivTrades PLC is authorized and regulated under Financial Conduct Authority (UK) and is a member of the Financial Services Compensation Scheme.
ActivTrades Review: SmartPlatform: The Ultimate Trading Experience
They ask for contact details (email, phone) before answering, which we found a bit annoying. You can see the number of long/short (buy/sell) positions in the search bar. ActivTrades has good charting tools, including a wide selection of 103 technical indicators.
- I understand that they have a good infrastructure going on for that.
- This means that traders can access different markets and asset classes through one broker.
- In addition to being licensed by some of the strictest regulatory bodies in the industry (FCA, CSSF, and CMVN), it has issued private indemnity insurance on its own initiative.
- Recently, ActivTrades serves also an office in Dubai to cover Middle East trading needs.
- ActivTrades is a secure trading platform with competitive spreads and no hidden fees.
And with its highly intuitive platform, the broker is ideal for traders seeking precision and quality of order execution. ActivTrades is one of the leading brokers in the trading industry that offers forex pairs and CFDs in competitive spreads. It won various awards and has been continuously expanding until today. It is a trusted, reliable broker that promotes the best execution and no dealing desk. It offers tight spreads that suit any type of trader to fully execute trading potential. One to One Training program is ActivTrades training sessions that are designed to support traders in the basics and start with trading together with Activetrades.
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A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. ActivTrades offers various account types for retail and corporate clients as well as Islamic accounts.
You can use this platform on your desktop (or web), mobile, and tablet. Usability and user experience are key elements for trading platforms. In this section, we tested and rated the user experience from ActiveTraders, particularly for trading beginners.
The thing is that there are so many traders who cannot make their trading results positive just because of the charges made by the broker. You cannot even imagine how surprised I was when I realised that my trading style is able to bring me good profits. However, the traders who feel more comfortable and convenient with a user-friendly platform MT4 are also welcomed by ActivTrades, which is available through desktop trading. Moreover, technology has been enhanced with the company standards of security and advanced charts also enable automation of the strategies with EAs.
It features new and extended characteristics that make online trading more professional and precise. MT5 allows you to access over 450 CFDs on stocks, ETFs, and the rest of the products available in MetaTrader 4. It lets you net off positions by reversing your current trade. When you open several positions in the same contract, your positions will be consolidated, letting a clear “First in First out” netting of open positions.
Is ActivTrades safe?
ActivTrades safety
ActivTrades is regulated by the Financial Conduct Authority (FCA) and has cover of up to £85,000 by the Financial Services Compensation Scheme. ActivTrades are regulated by several authorities including: Financial Conduct Authority. The Commission de Surveillance du Secteur Financier in Luxembourg.
ActivTrades’ currency spreads begin at 0.5 pips, and its spreads on indices and financial CFDs are also 0.5 pips, both of which are competitively cheap. In conclusion, we find ActivTrades an excellent broker with a good reputation with an FCA license, and 20 years of successful operation and experience with short-term and long-term professionals. The offering is of good quality, well-maintained backed up with exceptional educational material suitable for both beginners and experts. For withdrawal fees, transfers to the ActivTrades Prepaid Mastercard or e-wallets are free, bank transfers of USD will be charged 12.50$.
Regulated brokers such as ActivTrades ensure safe trading conditions like segregated bank accounts and the most reliable trading practices as per many online ActivTrades reviews and our research. Being regulated by the Securities Commission of the Bahamas, ActivTrades is one of the few brokers that can be trusted and relied on. ActivTrades Corp is registered under the Commonwealth of the Bahamas (registration number B). ActivTrades offers low trading and non-trading fees that include an inactivity fee of $10 for every month of inactivity after a year of no trading. The fees at ActivTrades are as transparent as possible, which means there are no hidden fees.
What is the ActivTrades conversion fee?
ActivTrades will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. 0.3% fee will applied.