Once the broker confirms your identity, you can add funds to your live balance via bank transfer, card, or a supported e-wallet. There are no minimum initial deposit requirements for clients registering through the EU, UK, FCB, and FSC entities. ActivTrades also integrates with TradingView, a renowned platform for its comprehensive and interactive financial charting and trading features. The Islamic Account option at ActivTrades is designed to meet Sharia compliance for religious purposes. To wrap things up, ActivTrades is a solid online brokerage that is likely to appeal to a broad range of traders.
Mobile Trading Apps
Retail clients with verified live accounts can also upgrade to professional status if they satisfy the eligibility criteria. Registering a live account is a streamlined process that requires no more than several minutes to complete if you have prepared all verification documents beforehand. Verification usually takes several hours to one business day, depending on the relevant department’s workload.
Web Trading Apps
Its competitive spreads, diverse platform options, and strong regulatory oversight attract both retail and professional traders. The broker’s commitment to transparency and compliance, coupled with its varied range of trading tools, position it as a viable option for those seeking a reliable online trading partner. Customers are safeguarded from running up debt with negative balance protection, which is available to traders across all entities.
ActivTrades offers a single individual account tailored to the needs of retail customers. Registering target="_blank">activ trades review a joint account with a spouse or another relative is also an option as long as both parties have created individual retail accounts first. Individual retail accounts incur no commissions on forex positions and facilitate trading in micro lots across all supported platforms (MT4, MT5, ActivTrader).
The broker’s tight spreads give it a competitive advantage over some of its closest competitors. ActivTrades is quite transparent about its pricing, providing detailed information about the average spreads and swap rates of all available trading symbols. A demo account allows beginners and experienced traders to test trading strategies and platforms without risking their funds.
ActivTrades is an award-winning online broker with over two decades of experience, having launched in 2001. The broker services over 100,000 customers from 170 jurisdictions with licenses from the FCA, CMVM, FCB, and FSC. Metatraders 4 (MT4) is a widely used electronic trading platform for forex and other financial instruments. It offers a user-friendly interface, advanced charting tools, and support for automated trading through Expert Advisors (EAs).
Methods of Account Funding
ActivTrader Trader is a mobile trading platform developed by ActivTrader which is a prominent online forex and CFD broker. Launched in 2019, ActivTrader Trader provides traders with access to the financial markets directly from their mobile devices, such as smartphones and tablets. The platform offers a user-friendly interface, real-time quotes, charting tools, technical indicators, and order execution functionalities.
Trade Execution
It’s an excellent way for beginners to learn and for experienced traders to test new strategies. When you trade with Activtrades using MT4, you can expect a high level of protection for your trading funds. This typically involves segregating client funds from the broker’s operational accounts. In case of financial difficulties, these segregated accounts help ensure that your trading capital remains safe.
The most prominent examples are DAX 40, China A50, S&P ASX 200, EuroStoxx 50, Nikkei 225, and S&P 500. Customers can gain exposure to the index market through cash indices and futures. The London-headquartered broker further bolstered its operations in Latin America after receiving authorization from the Brazilian Comissão de Valores Mobiliários (CVM) in late 2021. According to the regulator’s database, the Brazilian subsidiary has its headquarters in Florianopolis, the capital of Santa Catarina. ActivTrades operates on a Market Maker model, where the primary source of income for the broker is the spread, i.e., the difference between the bid and ask quotes. The ActivTrader app has the same beginner-friendly, intuitive design as the web platform.
Inactivity Fees
Clients should be conscious of the relatively modest withdrawal fee via bank wire. Clients should be aware of the 1.5% fee for deposits via credit/debit cards, which is not common at major brokers. Key features of the app are watchlists, tracking of your open positions, pending orders, and trade history along with overall P/L and account balance. For instance, clients under EU entities enjoy a high level of regulatory scrutiny and are covered by a compensation scheme in the event of broker insolvency. On the other hand, the offshore entity of ActivTrades is subject to less regulatory oversight. ActivTrades operates four entities licensed by top-tier regulators, offering relatively high account security, in addition to others that are considered second-tier or are regulated offshore.
- ActivTrades is one of the industry’s most respected and reliable Forex brokers, mainly due to its strict regulation and transparency of operations.
- As a result, traders can continuously improve their skills, learn new strategies and analysis methods, and better understand the nuances of working in financial markets.
- Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
This positions ActivTrades as a preferred destination for forex enthusiasts. In the realm of commodities, traders can access and invest in various products, including metals and energies, to diversify their portfolios. Bank transfers in US dollars are the sole exception to this rule as they incur a $12.50 fee at the EU-facing version of the website. Requesting a bank transfer withdrawal under the Bahamas and Mauritius entities will cost you £9. There is no minimum withdrawal amount for fiat-based methods, but cryptocurrency users must cash out at least $25.
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). ActivTrades offers a suite of tools seamlessly integrated into its platform to help users get in-depth market comprehension. For instance, push notifications help traders maintain vigilance by promptly updating them on market volatilities or account fluctuations.
- Continue reading to determine whether ActivTrades is the right fit for you.
- It’s an excellent way for beginners to learn and for experienced traders to test new strategies.
- This means that you have direct access to the actual prices in the underlying financial markets, without significant markups or interference.
- The ActivTrader app provided me with a smooth overall experience for following watchlists, placing trades, viewing charts, and tracking my account details.
- 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.
- However, we have compared the costs across standard accounts since ActivTrades has no commission-based accounts.
MT4 on Activtrades is typically designed to accommodate a wide range of trading strategies. Whether you are a scalper, day trader, swing trader, or long-term investor, you can execute your preferred strategies without facing significant restrictions. This flexibility allows traders to adapt to various market conditions and pursue their trading objectives. During my testing of the broker’s offering and platforms, I found ActivTrades to be a well-rounded option with some unexpected unique features that boosted my overall opinion. Two innovations that helped ActivTrades stand out include its proprietary progressive stop-loss order and its custom suite of add-ons and plugins for the MetaTrader platform.
The broker’s UK division, ActivTrades Plc, obtained authorization from the British regulator in July 2009 and has suffered disciplinary action only once in the past 16 years. Yes, you can open and manage an unlimited number of trading accounts within a single MT4 instance. In addition to MT4, ActivTrades also offers the ActivTrader, MT5, and TradingView platforms. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.
There is room for improvement by adding news, analysis, and an economic calendar to the app. Traders on the move have access to 90+ technical indicators, 70+ drawing tools, 9 time frames, and 11 chart types. This is enough to meet the needs of the most avid chartist and market technician. My live tests showed that swap fees at ActivTrades are average for the industry. We built the website to assist forex traders in finding the right forex brokers to trade with ease.
ActivTrades does not charge an account maintenance fee, ensuring traders can manage their portfolios without unnecessary costs. ActivTrades provides an understandable and transparent fee structure, pivotal for traders prioritizing cost-effective trading. ActivTrades is equipped to serve traders with its varied tradable instruments, aligning with both traditional and modern market trends.
The availability of commodity futures earns ActivTrades some extra points, considering many rival brokers do not provide this option to their customers. As the table above shows, ActivTrades spreads largely align with the industry average, although the broker outperforms several of its closest competitors. Some of the featured brokers offer commission-based accounts where overall trading expenses are lower due to significantly reduced spreads.
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