Live testing demonstrated that ActivTrades’ swaps are average to high compared to the industry benchmark, which is not ideal for overnight trading. On the other hand, the broker offers 100+ ETFs, bonds, and indices, helping swing traders diversify their market exposure. However, you need to provide your financial information to open an account with this broker. You can fund your account using a bank transfer or several e-wallet solutions such as Neteller, Skrill, and PayPal.
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Special Offers for Customers
ActivTrades’ fee structure is overall competitive, particularly for Forex trading, with low spreads on major currency pairs. The broker’s integration of most costs into the spreads adds transparency and simplicity for traders. The swap rates vary depending on the instrument traded, the position size, and whether the position is long or short. The broker provides transparency by displaying the applicable swap rates directly on the trading platforms, allowing traders to calculate potential costs in advance. Additionally, ActivTrades provides Demo Accounts for new traders to practice and familiarize themselves with the platform without risking real money. However, the availability of certain account types may vary depending on the regulatory entity under which the trader is registered.
MetaTrader 5
In this review, we’ve tried to collate a number of the vital facets of activtrades. This guide can allow you to understand whether activtrades is a fantastic match for your investments or not. We’ve attempted to breakdown all of the features and fees for your advantage. We recognize that well-informed decisions with activtrades are the cornerstone of successful trading.
How Is ActivTrades Customer Service?
ActivTrades, the UK-based online broker that prides itself on its commitment to offering tailored solutions to an international client base, is a great choice for traders of any level. With state-of-the-art technology, excellent customer service via multiple channels, and a wide variety of trading opportunities, it’s no wonder ActivTrades is gaining popularity amongst traders. Registering a live account is a streamlined process that requires no more than several minutes to complete if you have prepared activtrades review all verification documents beforehand. Verification usually takes several hours to one business day, depending on the relevant department’s workload. Once the broker confirms your identity, you can add funds to your live balance via bank transfer, card, or a supported e-wallet.
IC Markets
- The fee is charged monthly until account activity resumes or the balance drops to zero.
- ActivTrader is user-friendly and equipped with advanced features such as risk management tools, sophisticated charting, and integrated market sentiment analysis.
- 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.
Its also a good thing that trading here is really affordable; spreads are as low as 0.5pips,no commissions and then no hidden fees too. Its been a good place to start and hopefully they’d have what I need as I advance in terms of tools, assets and education. Additionally, trading conditions, including available instruments, may differ depending on the entity. Despite these drawbacks, the broker offers competitive trading conditions overall, with advanced tools and resources designed to cater to both beginner and experienced traders.
- The Professional Account is designed to cater to high-frequency and algorithmic traders who require more sophisticated trading tools and tighter execution standards.
- The firm provides access to a wide range of markets including Forex, CFDs on shares, indices, commodities, bonds, ETFs, and cryptocurrencies, catering to both retail and institutional investors.
- They are also very well-regulated and have many protective measures including insurance up to $1,000,000 provided on all trades.
For the Cons, conditions for trading including fees and spreads may vary according to regulation and entity, the instrument range is traded only on an FX and CFD basis, and support is not 24/7. Another drawback is that the broker also operates through offshore entities and imposes limitations on currency types, allowing funding only in major currencies. Accounts can be opened in various currencies including GBP, EUR, USD, CHF. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve by adding support for some more currencies considering they have clients from all corners of the globe.
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. This average customer rating is based on 18 ActivTrades customer reviews submitted by our visitors. I have also tried reaching out via email, and while the response time was a bit longer – usually within a few hours – the support I have received has been thorough. ActivTrades also followed up to ensure my issue was resolved, which I appreciated. One downside is that, unlike Plus500 and IG, ActivTrades is not publicly traded.
Metatrader 4 Webtrader on ActivTrades
Customers can fund their demo balance with 250 to 200,000 in virtual credits. The broker claims demo accounts are available for unlimited time, but after opening one, we noticed it expires after 30 days. The good news is you can always set up another demo account from your Personal Area. We should also warn you there is a 15-minute delay in demo account price quotes.
How ActivTrades Fees Compare Against Other Brokers
Performing your due diligence and researching the credibility of activtrades, its track record, and reputation is vital. Moreover, ensure the activtrades broker’s offerings, trading tools, fees, and regulation align with your objectives. When engaging in online trading with platforms such as activtrades, it’s crucial to thoroughly evaluate activtrades as your broker, as this choice can determine your success. Selecting the right broker is vital for your activtrades investments to prosper. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders. In Brazil, ActivTrades complies with dual regulatory oversight from both the Banco Central do Brasil (BACEN) and the Comissão de Valores Mobiliários (CVM).
There are no minimum initial deposit requirements for clients registering through the EU, UK, FCB, and FSC entities. 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. However, its proprietary ActivTrader platform, while powered by TradingView charts, feels minimal and lacks the advanced features many traders expect.
