The platform works seamlessly on all devices, has an intuitive and well-designed user interface. In general, ActivTrades spreads are quite narrow, although they are not among the best in the industry. Except for CFDs on shares, assets are traded without commission in accordance with the STP model. The FCA license mandates the financial services compensation scheme.
- Users can also opt-in to receive alert notifications of their order execution and market-related news and events.
- The virtually funded demo account is also available at ActivTrades.
- After trying multiple keywords for ActivTrades, we couldn’t find a relevant thread to seek public opinion about the company.
Methods of Payment
The broker doesn’t charge commissions for deposit and withdrawal fees and has low non-trading fees. Before switching to a real account, you can use the demo account to gain experience and determine whether the broker’s tools are appropriate for your needs. ActivTrades, like the majority of brokers on the activtrades forex broker market, gives customers the option of opening a real or a demo account. If you don’t know the broker or have never traded before, the latter is a great option. The platforms are the true soul of trading, as they provide us with adequate interfaces for financial market analysis and order management.
Trustpilot Users’ Reviews About ActivTrades
In my tests, AcrivTrades’ live chat support usually responded within seconds, and agents got back to me via email within one business day. The ActivTrades platform also excels when it comes to orders and gives you an above-average level of flexibility on how they enter and exit the market. ActivTrades provides an economic calendar, which lists the key upcoming financial events and announcements.
Withdrawal Methods
ActivTrades is a UK online CFD and spread betting brokerage that specialises in the forex, commodities, indices, shares and cryptocurrency markets. The firm offers a competitive range of trading platforms and financial instruments for beginners and professionals alike. Check out this ActivTrades broker review to explore the company’s trading fees, leverage rates, payment methods and customer support. Thus, it offers in-house and third-party trading solutions, i-e- ActivTrades, MT4, and MT5.
MetaTrader 4 and MetaTrader 5
Notably, 20+ crypto are also available to trade on ActivTrades as CFDs. However, the company’s product range varies depending on the selected market and jurisdiction. For example, UK-based clients can’t trade crypto CFDs amid FCA restrictions. Unlike Reddit, the Quora community seemed to be fully supporting the broker. While answering a query raised by a user on Quora concerning the legit status of the company, many people reacted to it and cast their votes in favour of the company.
Supported Countries
However, we encountered a post where a member highlighted a scam broker pretending to be a part of the legit British broker ActivTrades. According to the user, he wanted to create awareness among investors so they may avoid signing up with it. However, the available options might vary depending on your selected entity.
The company allows even small investors to come on board by keeping its deposit requirement low compared to other brokers. The broker offers multiple payment methods to help clients deposit funds in their accounts. The provision of flexible account types helps clients to select the one that best suits their trading needs. For example, Muslim traders can signup for swap-free accounts to avoid interest-based transactions. Thus, they can continue trading without jeopardising their religious beliefs.
The ActivTrades trading platform is a web-based platform that allows trade straight from the browser, and also possesses a loyal application for iPhone or iPad. The broker has a good range of trading platforms with numerous add-ons and sophisticated tools suitable for technical trading. All trading accounts can be replenished using bank transfers, credit and debit cards, as well as Skrill, Neteller, PayPal and Sofort e-wallets. For traders from the EU, all financing methods are accepted free of charge. However, traders from non-EU countries are charged a 1.5% commission for processing deposits on credit and debit cards.
ActivTrades products are now accessible through a unified CFD trading account. The minimum amount required to sign up for a standard account is $1. To name just a few, you can use the market data, economic calendar, and technical analysis tools at your disposal, all for free. It means you borrow money from your broker to open large positions with little deposits.
Each section of this ActivTrades review will go into more detail about the broker’s offerings. Ec Markets is an international multi-asset broker with an average speed of 0.004 seconds on trade execution. This comprehensive Ec Markets review will explore the broker’s trading instruments, regulations, spreads, leverage, fees, deposit and withdrawal methods and trading platforms. We will also look into how to open and verify an account, and the safety measures provided on clients’ investment funds. With years of experience, millions of investors, and three regulatory bodies behind it, the broker eToro offers one of the most established online trading platforms on the market.
There are plenty of educational materials that are freely available and this can be studied at any convenient time. The tools for technical analysis are fairly standard, but normal options can be assembled. From what we have found, with ActivTrades you can access detailed education materials with key elements, analysis, courses, webinars, and e-books defined by the topic. With MetaTrader5 you will find updated, https://forexbroker-listing.com/ extended characteristics, bringing online trading to the deepest level. ActivTrades supports various payment options to fund the account including bank transfer, credit/debit card, Neteller, Skrill, and Sofort. In addition, the firm offers ActivTrades Prepaid Card, which is provided for free to the clients with no monthly administrative fee, which gives the same benefits of usage as Mastercard.
ActivTrades boasts a robust customer support system, marked by its responsive nature and multi-channel outreach. Detailed information regarding guaranteed stop order fees is pivotal and should be confirmed directly with ActivTrades to ensure accurate understanding. An efficient search bar expedites locating the desired trade instrument. The users of ActivTrader can also select several options to view multiple charts concurrently. A basket of assets that follows a specific index is called an exchange-traded fund (ETF). ABN AMRO Bank NV, RANDSTAD HOLDING, NN Group NV, and ROY.PHILIPS ELECTR make part of the 60+ ETFs available to trade at ActivTrades.
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. The FCA dictates that brokers like ActivTrades must treat their customers fairly and this includes having a formal complaints procedure. The Financial Services Compensation Scheme will compensate eligible clients up to £85,000 for an investment firm that has failed.
Moreover, clients can also connect with the broker on social trading platforms. After 741 online customer reviews, the broker secured a rating of 4.3 out of 5 stars on Trustpilot. Other products and services include referral bonuses and cash rebates.
Utilizing a spread-only model for specific accounts, ActivTrades allows traders to engage in forex and CFD trading without additional trading fees. Technical and fundamental analysis, an economic calendar, written articles, and video tutorials are all available. The Analysis section offers daily technical and fundamental analyses of different currency pairs.
First and foremost, the € 1,000 minimum deposit is significantly higher than that of many other brokers. This can be a disadvantage, especially if you don’t have a lot of money to invest. Generally, the registration and verification process is swift and can often be wrapped up within 24 hours. Notably, ActivTrades doesn’t impose a mandatory initial deposit, making the account initiation phase more accessible to aspiring traders. Information regarding overnight funding fees and guaranteed stop order fees may be subjected to specific account types and should be confirmed directly with ActivTrades.
