June 1, 2020

ActivTrades Reviews and Account Opening Terms

Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. A professional Account is a higher form of ActivTrades account that requires criteria in order to be eligible for it. A trader needs to apply for this certain account and must meet at least two out of the three criteria.

activ trades review

ActivTrades offers competitive forex spreads as low as 0.5 pips on the EUR/USD and USD/JPY and 0.8 pips on the GBP/USD. It offers good spreads on them and even don’t charge fees. The trading conditions for majors are even better but I always ignore majors.

ActivTrades’s selection of research tools is average, but they are user-friendly. Charting and other technical tools, like APIs, are great. However, there are no trading ideas or fundamental data. ActivTrades has its own web trading platform called ActivTrader.

Mobile trading platform

Activetrades attracted me with its very intuitive trading platform. I value simplicity and convenience in trading platforms cause I mostly trade on the go. There’s nothing that could distract me from trading in its user-interface.

  • Please be aware that this might heavily reduce the functionality and appearance of our site.
  • ActivTrades has received positive customer feedback with an overall rating of 4.3 stars out of 5 on Trustpilot.
  • offers access to over 3,000 markets, including forex, commodities, and shares.
  • We provided a copy of our ID and a bank statement to verify our account.

The UK’s FCA guarantees investors’ deposit compensation of up to £85,000 if the broker declares bankruptcy. The broker also offers supplementary insurance up to $1,000,000 for qualified clients. We strive to offer our clients top-class services and the dynamic leverage is proof of our ever-growing culture. Guess that plenty of traders can’t afford 500$ for a start. In terms of education for the traders of ActivTrades, we provide educational videos, tutorials, regularly organize seminars and webinars on a wide range of topics related to trading. What I really like about here is they put a lot of effort in educating the traders on the platform.

We work daily on our services, and our team believes that technically equipped platforms and contemporary tools help particular traders to get through market difficulties easier. All in all I noticed this broker bets on convenience and it likes to boast its innovative trading platforms and smart tools. Of course, when you have something like this and you propose it to your traders free of charge, why not? Services are excellent, despite the entrance threshold is a bit high.

An office was established in Milan, Italy, and registered with the Italian Companies and Exchange Commission Commissione Nazionale per le Società e la Borsa . 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.

What about the minimum deposit?

ActivTrades Customer Support Live ChatYou can also reach the ActivTrades customer service team via email. We sent the team an email asking whether they allow scalping and hedging strategies and how long they would take to process our withdrawals. Traders also have access to a demo account where they can practice trading and test their strategies. Traders also have access to short market analysis pieces published by the broker’s in-house analysts, which could be more detailed and specific. The ideas lack the depth and research quality offered by top brokers. ActivTrades offers its clients various leverage levels depending on the entity under which their account is registered.

This makes the trades selection process a lot easier, especially given ActivTrades’ vast amount of tradable instruments. ActivTrades’ fees are indeed very competitive and well-balanced. The broker’s offering is suitable for implementing a wide selection of trading strategies. An example of ActivTrades’ high transparency is its exhaustive information regarding the various commissions traders may be charged for trading ETFs and share CFDs from different venues. These charge discrepancies are not hidden but are easily accessible on the website.

The Excess of Loss insurance coverage indicates a strong fiscal position and enforces the protection of client deposits. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. The SmartForecast gives you three consecutive target prices. Price 1 is reckoned using short-term resistance and support lines, while Price 2 is reckoned using long-term resistance and support lines.

A friend of mine, one who introduced me to trading told me that he found a new broker that he thought I should try. Naturally, as he was the one that introduced me to trading, I was obliged and excited to see this broker that he found. After a couple of hours on the broker’s website, researching and opening demo accounts to get first-hand experience, activtrades review I have been a client since. ActivTrader, the proprietary trading platform, provides a sound choice for manual traders. Pure Forex traders will find the 48 currency pairs, representing only entry-level exposure, rather disappointing. Cross-asset diversification is possible through 15 commodities, while over 450 equity CFDs are maintained.

activ trades review

ActivTrades offers almost a thousand tradable instruments in the Forex, indices, stocks and commodities segments. We reached out to the broker’s customer support team to resolve the challenges we faced. One thing is when you have bad conditions and you entice traders, the other when your conditions are awesome and it’s not a shame to invite new clients. Wide range of stocks available for trading in CFDs is what attracted me.

The MetaTrader platforms also offer strong user security with additional authentication options at login. ActivTrades offers more company shares than the likes of Pepperstone and XTB. However other brokers, including eToro and Admiral Markets, offer a broader range of CFDs and cryptocurrencies. I get tons of professional benefits for little to no money. I intentionally opened an account here on Metatrader 4 platform in order to test out the biggest part of smart tools that are positioned to be irreplacable for traders. I trade on activtrades custom platform and see nothing bad to expect of it.

It is a tool that saves you time and identifies entry points for buy and sell orders, with the capability of giving you a precise execution with no delay in time. With this tool, traders can manage multiple charts, with pre-set automatic Stop Loss / Take profit set up for each one of them. It is an indicator for both Trendline’s unique label and price level covered, which also allows a trader to enter volume and direction for their order. The company made a strategic decision to move its headquarters to London (known as the world’s financial district) from Switzerland in 2005.

ActivTrades Withdrawal Methods

It is recommended to account for those who would like to go live trading and don’t require any criteria. You can easily get this account with ActivTrades and can trade without any ease. This is a real account and would need real money funds to operate. IG Group – IG offer spread betting, CFD and Forex trading across a range of markets.

activ trades review

All you need to know about the ActivTrades customer service. The amount of investor protection depends on where you open an account. We missed however 24/7 availability, as customer service is only 24/5. The search functions are OK.You can find the assets in categories. However, categorization is a bit confusing as there are several forex categories. We also missed the usual search function when you can type in the asset names manually.

As a seasoned trader who mainly trades…

If you have modest means and plan to be opening smaller-sized positions more frequently, then you should better choose an account that does not have any fixed commissions per traded volume. In order to achieve your trading goals, you need to choose the right account. We evaluate each broker’s account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account. ActivTrades processes all deposit and withdrawal requests within the same working day, however, transaction times may reach up to 8 business days, depending on the chosen payment method.

Our take on ActivTrades

Weekly insights, daily news and I just recently discovered their webinars, It has been great so far. They give out valuable information about investing and trading. My overall impression about this broker after using their services for three months is that they position themselves above the industry average. I mean, the industry is full of scammers and crooks, so its nice to run into an honest broker who tries to make their services appealing.

Currency pairs are acceptably priced and remain free of commissions. ActivTrades provides a genuinely safe and secure trading environment. ★★★ The mobile app has some flaws and is not always working smoothly. Every broker has its advantages and disadvantages, but after testing many brokers extensively, these are the most important advantages and disadvantages of ActiveTraders.

As for the withdrawal of funds, I never experienced problems with this. I have been a real client of the brokerage company ActivTrades since December 2014. I have never had such a firm that is supposedly reputable and regulated act in such a manner. If they had issues with any of my trades they should have been addressed by them immediately not 2-3 months after they had been filled.