In this review of ActivTrades, we’ll delve into its essential features, discussing fees, safety, trading platforms, available trading instruments and more. The manuals given are an invaluable resource for traders who prefer self-study. Guides will likely offer thorough instructions and recommendations for different trading platforms, tools, and principles. ActivTrades offers access to a diverse choice of major, minor, and exotic currency pairings, allowing traders to participate in the dynamic world of forex trading.
What is the maximum leverage on ActivTrades?
It offers advanced features and enhanced capabilities, such as additional chart types, indicators, order execution times, and tools for fundamental analysis. The platform also allows trading in new markets that are not available in MT4. MT4 is one of the world’s most well-known and widely used trading platforms.
MetaTrader 4 has a smaller selection, as it does not activtrades forex broker support share trading. ActivTrader covers the most popular asset classes available as CFDs, including popular indices, forex pairs, ETFs, commodities, bonds, and cryptocurrencies, across its platform and account types. When it comes to fees, the broker offers low trading fees, as spreads start from as little as 0.5 pips. Spreads can increase in low liquidity environments, however, fees are still very low. On the other hand, there are deposit, withdrawal, currency conversion and inactivity fees. Traders can plan strategically and pick free funding methods, and never leave money on inactive trading accounts to avoid paying the charges.
ActivTrades Features
- Fill up your basic information (name, email, phone number) and establish a password.
- A proprietary trading platform is available, but the MT4 platform, together with the Smart Tools upgrade, provides traders with greater value.
- Traders may be charged currency conversion costs if they deposit or withdraw money in a currency other than their account base.
- ActivTrades provides 24/5 customer support via live chat, phone, and email.
ActivTrades offers a variety of methods for account funding and withdrawal, most of which are commission-free. This allows flexibility in your trading strategies and the ability to adapt maximally to the market. By registering in the personal cabinet, ActivTrades clients gain access to a powerful software suite that allows them to perform any financial operations with their accounts. As we have already mentioned, the MT4 and MT5 platforms meet the needs of the most advanced traders.
It also supports advanced tactics for professionals, including automated trading and custom app development. The more advanced MetaTrader 4, MetaTrader 5, and TradingView platforms are also available. These offer experienced traders features like sophisticated order types, robust charting, and automated trading. There is no minimum deposit amount under the FCA, FSC, FCB, and CMVM entities. Deposits with debit or credit cards incur additional charges of up to 1.5%.
Account Types and Benefits
ActivTrades charges an inactivity fee after an account has remained dormant for a stipulated period, encouraging active trading or ultimate account closure. In an era where financial safety is paramount, ActivTrades stands out as a broker that prioritizes trust and security. Its dedication to maintaining an unblemished reputation is evident from its rigorous adherence to regulatory standards and proactive fraud prevention measures.
Deposit and Withdrawal Options
- It maintains separate client accounts and offers additional insurance protection.
- Allow a few business days for processing and cash to arrive in your bank account.
- In-house research is generated by three analysts who provide brief trading ideas daily.
- These articles go into substantial depth and include practical applications in the markets.
For those seeking an added service, managed accounts are also part of the broker’s bouquet. However, traders should know that ActivTrades currently does not accommodate US traders. As for the Swap-free accounts, these accounts are aimed at traders that follow Sharia law. In accordance with Islamic finance, there are no interests charged on the Islamic account. Traders of Muslim fate can contact the customer support and ask to convert existing accounts or open new ones. ActivTrader, the proprietary trading platform, provides a sound choice for manual traders.
ActivTrades Non-Trading Fees
Yes, ActivTrades offers a demo account, allowing users to practice trading with virtual funds before committing real money. ActivTrades offers its clients tight spreads, starting from 0.5 pips for the EUR/USD pair. 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. In some aspects, such as safety and customer service, it is difficult to find better.
Traders can purchase EAs, or build their own robots and technical indicators. Due to the fact that MT4 is an old and super popular platform, it has the largest pool of custom-made robots and technical indicators. However, when purchasing trading robots, traders need to be cautious, as some algorithms do not work, and some are outdated. ActivTrades offers some of the most popular Forex and CFD trading platforms such as MetaTrader 4, MetaTrader 5, TradingView, and a custom built ActivTrader. 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.
This broker could definitely work on its educational resources and customer support. This is another area of improvement for ActivTrades, as many clients were disappointed that they could only gain access to live chat support 24/5. However, you can send an email or request a callback, and they promise to get back to you as soon as possible. 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.
However, its educational content and the mobile app could use some improvement. Let’s get this clear—ActivTrades does offer a good range of tradable assets and financial instruments. It’s always a positive point if you can find a broker to help you diversify your portfolio with access to different assets and financial tools.
While its asset variety may not be as extensive as some competitors, its fee structure and lack of a minimum deposit requirement make it an appealing choice for many traders. On the downside, customers can anticipate a range of non-trading costs, including inactivity fees, currency conversion charges, and additional fees for transacting with specific payment methods. 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.
Like futures and other derivative financial instruments, CFDs allow traders to speculate on price movements without owning the underlying asset. With over 1,000 CFDs on forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies, ActivTrades offers a wealth of tradable instruments. The mobile app offers all the order types available via the web platform, including progressive trailing stops and pullback orders. 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.
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. ActivTrades offers traders a diverse selection of advanced trading platforms and tools, including its proprietary platform, ActivTrader, which is available on web, desktop, and mobile devices. ActivTrader is user-friendly and equipped with advanced features such as risk management tools, sophisticated charting, and integrated market sentiment analysis. ActivTrades stands out as a highly reputable broker with a diverse range of trading instruments, competitive conditions, and advanced platforms.
