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10 May

ActivTrades Review 2023 Pros and Cons Forex Brokers

The pricing structure and asset selection are acceptable, though the Bahamas subsidiary provides a far superior trading environment than the UK one. New traders are provided with an outstanding educational division, while in-house research is below average. A proprietary trading platform is available, but the MT4 platform, together with the Smart Tools upgrade, provides traders with greater value. Overall, ActivTrades represents a genuine choice for portfolios managed under the Bahamas subsidiary. The untapped potential makes this broker one to monitor for future developments, while it deserves to be part of a well-diversified brokerage selection.

Access to proper education is crucial for traders to make money in the financial markets. Traders need to understand the markets that they trade, develop trading strategies, tools and techniques for market analysis, and learn how to manage their emotions. Furthermore, developing sophisticated risk management techniques is also very important.

MT4 is mostly used for trading Forex pairs, a limited number of cryptos, commodities, and indices. Boasting an indomitable legacy, ActivTrades stands tall as a beacon in the vast realm of the retail CFD sector. Every day, our clients harness the benefits of this profound experience, reinforcing the bedrock of trust they have cemented with us. ActivTrades is a global financial trading broker that was established in 2001. The company is headquartered in London, United Kingdom, and also has offices in Milan, Italy, and Nassau, Bahamas. ActivTrades offers trading services in forex, contracts for difference (CFDs), and spread betting on indices, commodities, and shares.

  1. In the top right corner, you’ll be able to see “Open an Account” in green.
  2. Furthermore, as already mentioned, ActivTrades is compliant to MiFID directives.
  3. Stop Out levels differ from account type to account type and from broker to broker.
  4. Currency pairs are acceptably priced and remain free of commissions.
  5. There are plenty of educational materials that are freely available and this can be studied at any convenient time.
  6. While a good promotion, the volume requirements in the promotional terms and conditions are high.

Currency pairs are commission-free, where the EUR/USD carries an average spread of 0.72 pips, representing a competitive offer. US equity CFDs carry a minimum commission of $1 or $0.02 per share, UK CFDs carry a commission of £1 or 0.1%, and European shares carry a commission of €1 or 0.01%. It should be noted that this broker also charges its clients €1 per month for market data, which is not a significant charge. Swap charges on leveraged overnight positions apply, and can be obtained directly from the trading platforms. Equity and index CFDs are exposed to corporate actions, suitably described on the website.

Copy Trading Made Accessible

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. ActivTrades minimum deposit requirement is 500$, which allows you to start live trading immediately. What is more, there is no overnight adjustment (the underlying Futures price already accounts for the adjustment).

A top-notch broker with an excellent…

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. Furthermore, the broker provides insurance for client funds if there is an insolvency event. All clients with an excess of $10,000 and up to a million dollars on segregated accounts are ensured by the broker.

If you are looking for the right broker, look no further

After your account has been approved by the broker and the verification process is completed, you’ll be able to deposit your first amount. As you already know, the minimum amount for an Individual account is $1,000. The account opening process can be challenging for some traders, but there’s nothing to worry about. The account opening is fully digital and the broker’s web page is user-friendly. High leverage makes traders more exposed to the markets as it can increase profits and increase losses when the price goes against prediction.

The Trading Platform

Spread betting is available on thousands of underlying assets, including forex, indices, ETFs, commodities, bonds and LSE shares. New traders can get started in 4 easy steps, multiply their returns with leverage and pay zero capital gains or stamp duty tax. CFDs are available on hundreds of markets including forex, indices, shares and commodities. Traders can go long or short with reliable trading tools, excellent market research and transparent pricing. There are plenty of educational materials that are freely available and this can be studied at any convenient time.

The tools for technical analysis are fairly standard, but normal options can be assembled. ActivTrades supports various payment options to fund the account including bank transfer, credit/debit card, Neteller, Skrill, and Sofort. In addition, the firm offers ActivTrades Prepaid Card, which is provided for free to the clients with no monthly administrative fee, which gives the same benefits of usage as Mastercard.

ActivTrades provides negative balance protection by activating automatic margin Stop Out on your account. Stop Out levels differ from account type to account type and from broker to broker. ActivTrades uses a 50% Stop Out level activtrades review and as an added bonus, the broker promises to roll your account back to a zero balance if the trading account goes negative. The bonus system takes the form of collecting points which bring in cash into your trading account.

Head to the mobile trading section located underneath each platform page on the broker’s website for instructions on how to invest from your iPhone, iPad or Android device. The company’s number of employees runs in the hundreds and it has offices in Milan, Bahamas, Dubai, Bulgaria (Sofia) and Luxembourg. ActivTrades Corp is a subsidiary of ActivTrades PLC, authorized and regulated by the UK Financial Conduct Authority (FCA). The global brokerage also holds a license with the Securities Commission of the Bahamas. We also rated that fractional shares are available, making high-value stocks accessible to newer investors.

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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. Moreover, the broker serves an office in Dubai and holds an additional offshore regulation in the Bahamas.

ActivTrades also supports clients in multiple languages, including English, German, French, Italian, Spanish, Portuguese, Polish, Chinese, and Arabic. The broker’s website and trading platforms are available in these languages, providing traders with a user-friendly and localized trading experience. The ActivTrader platform is designed to offer traders an intuitive and easy-to-use trading experience with advanced charting tools and a range of trading features. Part of its offering is a mobile trading app that allows traders to manage their accounts and stay connected to the markets. ActivTrades offers a broad range of accounts and tools where users can trade forex, indices, commodities, cryptos and shares. Access to the globally recognized MT4 and MT5 platforms as well as the broker’s ActivTrader solution, means investors of all ability levels are catered for.

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 years and has been able to establish a reputation as a trusted and reliable company to cooperate with. ActivTrades provides access to various educational materials including seminars, one on one training, webinars, a webinar archive, a trading glossary, educational videos, and educational manuals. Moreover, the broker provides an economic calendar and in-depth market analysis to its clients. In general, spreads are less tight for exotic currency pairs due to low liquidity. Exotic pairs are characterized by high volatility and increased risks.

For the Cons, conditions for trading including fees and spreads may vary according to regulation and entity, the instrument range is traded only on FX and CFD basis and support isn’t 24/7. Another disadvantage is that the broker operates an offshore entity and there are limitations on currency types allowing only major currency funding. Moreover, ActivTrades prioritizes client fund security by maintaining segregated accounts, ensuring a distinct separation from the company’s operational funds. For those seeking an added layer of service, managed accounts are also part of the broker’s bouquet.

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