Overall, ActivTrades adheres to all regulating rules in order to offer customers a positive trading environment and keep customer funds safe. Its cashback programs on live accounts and sign-up bonuses for first-time customers are a great attraction for all traders. Most brokers provide research tools to assist traders with researching the markets they are interested in, helping to make informed trading decisions while minimizing the risks involved. ActivTrades customers have access to a number of research tools to assist in this regard.
- The MT4 trading platform fully supports automated trading solutions.
- FXView provides access to 2 different live trading accounts, Raw ECN, and Islamic, Swap-Free.
- Stock traders use certain indexes as indicators for technical analysis.
- The company increased its customer insurance protection to 1.0 million, the highest in the industry at that moment.
- ActivTrades has excellent customer support should investors have any technical issues, such as withdrawal problems or a platform connectivity error.
ActivTrades offers a wide range of educational resources such as webinars, seminars, market analysis and research, and an economic calendar. This is where I first saw not just a brokerage company, but a place where you can try and experiment and exactly learn. It’s a big help for us, it’s a time and resource saver, that’s for sure. The foreign exchange market, also known as FX or forex, is the most liquid market in the world. An average of $5 trillion in currencies is traded each day, making it the largest market by volume. With ActivTrades, existing traders could earn up to $5,500 with the company’s Refer a Friend Program by introducing new customers to the company.
Forex Lot Size: How to Limit Risk in Forex More Easily
Keeping this in mind, never invest more money than you can risk losing. The risks involved in trading may not be suitable for all investors. ECS doesn’t retain responsibility for any trading losses you might face as a result of using the data hosted on this site. MT5 comes with an integrated economic calendar and integrated trading statements. MT5 uses MQL5 coding language and has a huge library of custom-built indicators and trading robots. It should be noted that MT4 and MT5 use different trading algorithms.
FRESHCENT (FXprocent) Review
A $12.50 withdrawal fee will be charged by the company is in the case of USD bank transfers. No withdrawal fees are charged for Neteller, PayPal, Skrill, debit and credit card withdrawals. The company handles more than 100 thousand trades per second, with an estimated 93.60% of orders executed at the requested price. Alex Pusco founded ActivTrades in 2001 as a stock brokerage firm in Switzerland. The company moved to London in 2005 and it soon introduced the MetaTrader 4 trading platform for use by its growing customer base. Whether you are a beginner or an experienced trader, TradingView’s modern and intuitive interface and powerful features make it a popular choice.
UK traders are provided with a tax-free spread betting account, while an upgrade to professional status is listed under the FCA regulated brokerage. Trading conditions from the Bahamas subsidiary are equal to that of the UK professional account. A free demo account is maintained, and an Islamic account is available upon request for a minimum deposit.
Tradable Instruments
Activtrader has this cool feature to connect with the Tradingview. Trading platforms are complex and there are an infinite number of trading strategies. Well-put-together educational material can speed up the learning curve. Fees charged by ActivTrades are low compared to the industry average. Spreads start from as low as 0.5 pips on major pairs and there’s no commission charged. Usually, brokers let you choose your preferred amount since it’s only virtual money.
Keep in mind that Stocks, bonds, and futures aren’t available on MetaTrader 4. Traders need to pick MetaTrader 5 or custom-made ActivTrader to trade these instruments. To open an ActiveTrade Forex Trading account, visit the ActiveTrade website and follow the opening process. However, Activtrades don’t allow residents of the United States and Canada to trade with them due to regulatory restrictions. The published research is acceptable but inferior to competing brokerages. Currency pairs are acceptably priced and remain free of commissions.
ActivTrades Comparison Table
The ActivTrades live account is linked to all three trading platforms. Professional accounts are available but certain criteria must be met, such as carrying out large transactions or having substantial experience working in the financial sector. ActivTrades has very attractive fees as spreads start from as low as 0.5 pips.
Headquarters in LondonActivTrades serves its global clients with offices in Bahamas, United Kingdom, and Luxembourg. The broker is well-regulated by top-tier regulatory bodies, ensuring a secure trading environment. ActivTrades’ regulatory compliance ensures that clients’ funds are held in segregated accounts and are never mixed with the company’s operational funds. This means that in the unlikely event of ActivTrades’ bankruptcy, clients’ funds will be returned to them without delay. In addition, the company offers bridging loans and alternative investment options.
ActivTrades PLC is regulated by the UK’s Financial Conduct Authority (FCA), which serves as the primary authority for this broker. An office was established in Milan, Italy, and registered with the Italian Companies and Exchange Commission Commissione Nazionale per le Società e la Borsa (CONSOB). ActivTrades Corp is the broker’s Bahamian subsidiary, authorized by The Securities Commission of the Bahamas. Negative balance protection is equally available to all retail traders. ActivTrades is a UK-based broker offering forex and CFD trading plus spread betting on MT4, MT5 and its ActivTrader platform. Our 2024 review covers the login process, margin requirements, bonuses and more.
As already mentioned, there are certain advantages and disadvantages to trading stock CFDs. All deposits are not charged by ActivTrades, with the exception of the Credit/Debit card – NON EEA method which carries a fee of 1.50% of the deposit amount. In 2023, ActivTraders received several prestigious awards in the financial and trading industry. International Investor Magazine honored them as the “Best Forex Broker 2023” and “Safest Global Broker 2023”. Index trading involves a group of global stocks such as Nasdaq, FTSE, German DAX, AEX, etc.
By placing deposits in segregated accounts, traders get more protection. The European Union (EU) is one of the world’s largest economic powerhouses and a hub for global financial activities, particularly in the forex (foreign exchange) market. The forex market is the largest financial market worldwide, with vast daily trading volumes.
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. Account opening process with ActivTrades is fast, fully digital, and comfortable. The broker provides an intuitive and user-friendly webpage to its clients.
Bank transfer and online wallet options include Neteller, Skrill, Sofort, and PayPal. These are not charged by the broker and the processing time takes up to 30 mins. On the downside, the debit/credit card funding method is charged a 1.5% fee. 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.
Customer Reviews
ActivTrades provides access to mobile trading through MetaTrader 4, MetaTrader 5, and the ActivTrader mobile app. After completing the previous steps, you will be sent to the verification page. You can skip the process and start funding your account right activtrades review away, but it’s recommended to finish the verification first. Having a verified account gives you better access to your account and makes withdrawing money easier. After providing your personal information, you’ll be able to choose trading software.
Another disadvantage is that the broker operates an offshore entity and there are limitations on currency types allowing only major currency funding. ActivTrades welcomes traders with a minimum deposit requirement of $0, offering accessibility to a wide array of market participants. The next step is to sign-up for a live account (or an Islamic account). The registration process is slightly longer for a live account than a demo account as more information is required, such as your National Insurance Number and any previous experience. It is common for brokers to ask about investing experience so they can tailor their products to you appropriately.
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