ActivTrades is primarily regulated by the FCA in the UK, which is recognized for its stringent regulatory framework and high client protection standards. ActivTrades provides access to four main platforms – its proprietary ActivTrader, MT4, MT5, and TradingView. Depositing funds is free, although bank transfers might incur a small fee, while methods like debit cards or e-wallets are not. Due to UK FCA regulations, cryptocurrency deposits and withdrawals are not supported. £10,000 virtual funds and a choice of leverage ratios, which is invaluable for beginners looking to understand how market movements can impact trading outcomes.
Deposits and Withdrawals
However, the lack of options using cryptocurrencies could expand the choices for traders, especially those actively trading in the cryptocurrency markets. ActivTrades offers its clients tight spreads, starting from 0.5 pips for the EUR/USD pair. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
Brokers By Country
- It lets you trade in any computer or tablet device that is connected to the Internet.
- It is worth highlighting that market availability varies based on region.
- However, they need to pay 1.5% charges on payments made via Credit cards and Debit cards.
- For traders seeking advanced charting and technical analysis, the broker also integrates with TradingView, a popular platform known for its intuitive design and powerful tools.
- As with any significant financial decision, embarking on a trading journey with ActivTrades should be backed by rigorous personal research.
Most platforms have customer support active for 5 days in a week and most of my trading happens at weekends so finding Activtrades with 24/7 support was such a relief. 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. ActivTrades offers good customer support, available through multiple channels including phone, email, and live chat. The support team is accessible 24/5, ensuring that traders can get assistance whenever needed.
While spreads are competitive across various instruments, they may fluctuate depending on market conditions and the trading platform used. For share CFDs, commissions are applied in addition to spreads, providing flexibility for equity traders. The Individual Account is designed for retail traders, offering access to popular trading instruments. This account type provides competitive spreads, with an average of 0.5 pips on the EUR/USD Forex pair, and does not charge commissions for the available instruments, such as Forex, and commodities. As an advantage, the broker offers low spreads and a no dealing desk intervention model in the trading process.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. ActivTrades offers platform tutorials and a good selection of archived webinars, but the lion’s share of the broker’s educational content consists of 70+ articles found in its Macro Analysis section. It’s worth noting that these articles, including examples such as “Understanding Oil Benchmarks,” were organized as research content – not as educational resources. Such topics could benefit from being organized into a new educational section. Until then, the Learn to Trade section makes up the remaining core of ActivTrades’ educational resources.
Deposit and Withdrawals
I’ve participated in several live webinars covering topics ranging from basic trading principles to more advanced technical analysis. These webinars, led by experienced traders, are a great way to learn in real-time. ActivTrades offers demo accounts for CFD trading and spread betting, which are ideal resources for practising trading without risking real money.
The proprietary ActivTrader platform stands out for its clean interface and easy navigation, making it practical for beginners. Switching screens, accessing watchlists, and managing orders is seamless, and one-click trading speeds up routine execution. Integrated news, risk analytics, and order depth visuals add an edge for more active users keeping an eye on market dynamics.
An Abundance of Investment Options
I appreciate the flexibility offered by ActivTrader, MT4, and MT5 platforms, enabling both discretionary and systematic trading strategies with responsive execution. The MT4 platform has advanced charting capabilities that can be fully customised according to your personal preferences. The market watch window has a list of all trading instruments with real time price quotes. You can load different chart types across 9 timeframes for the instruments that you wish to analyse and trade with the possibility of 6 order types, including one click trading. This makes it easy to track the markets, place and manage your positions. Unfortunately, ActivTrades is not as popular amongst clients on Forexpeacearmy as it is on the Trustpilot.
Overall, ActivTrades is cost-efficient for active CFD traders who prioritize transparency and regulatory stability. Spreads on major FX, indices, and commodities are at or better than global median levels, while equity and crypto CFD costs are benchmarked to leading international brokers. Overnight financing and swap rates are transparent and in line with market averages.
The broker also offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Clients can access the two platforms via the desktop and mobile MT4 and MT5 applications. ActivTrades charges low, average and high fees for trading the main assets on offer. The fees charged for trading Forex pairs, and stocks, are lower than industry benchmarks. We reached out to the broker’s customer support team to resolve the challenges we faced. Clients can fund their accounts using Debit cards, Credit Cards, Skrill, Sofort, Neteller, Paypal, and bank transfers.
To remain competitive in Forex trading, it is vital to stay updated with market trends, strategies, and new trading technologies. Explore trading courses and resources provided by ActivTrades and other institutions for ongoing education. Additionally, you will be asked to verify your identity and address by uploading relevant documents, such as a government-issued ID and a utility bill. After submitting your application, you may also need to answer a few questions regarding your trading experience to help ActivTrades tailor the account to your needs. ActivTrades provides a range of powerful research tools to help traders stay informed and make informed decisions.
Research and Educational Materials
Notably, ActivTrades doesn’t impose a mandatory initial deposit, making the account initiation phase more accessible to aspiring traders. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016.
- While deposits were free, some withdrawal methods, like certain bank transfers, charge small fees.
- This platform allows investors to automate their strategies with Experts Advisors (EAs).
- Featuring a pleasant outlook with clear and streamlined charts, ActivTrader App is equipped with a news screener and supports one-tap trading.
- 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.
- We consider the quality and availability of educational materials, analytics, technical support, and other essential criteria.
ActivTrades activtrades review has dedicated an entire section of its website to learning and education, demonstrating a strong focus on helping clients improve their financial knowledge. The broker provides a nice range of tools for market research and analysis, including a dedicated news section and an economic calendar. Customers can integrate the proprietary ActivTrader into TradingView to harness the capabilities of both platforms. The outstanding feature of this platform is chart trading, with support for 12 chart types and the option to view up to 8 charts in a single tab.
Leave a Reply