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March 20, 2021ActivTrades emerges as a worthy contender for those desiring simplicity and precision in the bustling world of financial brokerages. With a user-centric platform, ActivTrades is designed for traders who seek a hassle-free interface for executing trades, eliminating excessive bells and whistles. 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.
This account type operates in full compliance with Sharia law, applying zero swaps on overnight positions. No additional rollover fees are charged on positions held for more than 24 hours. Whether it’s MT4, MT5, or the proprietary platform ActivTrader, ActivTrades members can set up a demo account with any of the supported software solutions and enjoy risk-free virtual trading.
Trading platforms
Brazilians activtrades review can trade non-deliverable forwards that are otherwise unavailable at the EU, UK, and offshore entities. ActivTrader is the browser-based proprietary platform of the broker that requires no additional software downloads on desktop. The absence of a strategy tester is among the very few shortcomings of ActivTrader. Here is what makes this intuitive proprietary platform stand out from the crowd.
Professional Account
- The forex market is the world’s largest financial market, operating 24/7, allowing traders to speculate on the value of one currency against another.
- ActivTrades gives traders access to several popular trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView.
- They offer a support and education center with live chat and an average 27-minute response time.
- This account type complies with Shariah laws and facilitates swap-free trading whereby positions that remain open overnight do not incur rollover fees, also known as swaps.
- Funding and withdrawing options at ActivTrades are fast, convenient, and low-cost (now there’s no minimum deposit), albeit slightly restrictive compared to other brokers.
The professional account is designed for experienced traders who meet the broker and regulatory authorities’ specific criteria. This type of account offers higher leverage, improved trading conditions, and access to a dedicated account manager. The minimum deposit for a professional account is usually higher than that for a standard account, but ActivTrades does not require a specific amount. This type of account is intended for most individual traders and offers access to a wide range of trading instruments, tight spreads, and comparable order execution quality. There is no minimum deposit, and the trading account can be opened in US dollars, euros, British pounds sterling, or Swiss francs. ActivTrades offers a diverse range of advanced trading platforms, catering to both beginners and professional traders.
- ActivTrades also provides video content, such as its weekly Monday Market Matters webinar series.
- According to industry research from ForexBrokers.com, ActivTrades has a Trust Score of 81, placing it in the “Trusted” category.
- ActivTrades offers demo accounts for CFD trading and spread betting, which are ideal resources for practising trading without risking real money.
Does ActivTrades provide VPS?
ActivTrades’ customer support scores well in the diversity of communication channels, responsiveness, professionalism, and efficiency of solutions. ActivTrades reserves the right to modify such fees and commits to informing the client of all such changes. It is important to note that the administrative fee cannot reduce the account balance to a negative value. After completing all the registration and identity verification stages, your account will be activated, and you can start trading with the broker ActivTrades.
Utilizing a spread-only model for specific accounts, ActivTrades allows traders to engage in forex and CFD trading without additional trading fees. ActivTrades welcomes traders with a $0 minimum deposit requirement, offering accessibility to numerous market participants. Moreover, ActivTrades prioritizes clients’ fund security by maintaining segregated accounts, ensuring they are separate from the company’s operational funds.
Opening a demo account involves just a few simple steps during the registration process with ActivTrades. ActivTrader allows users to place eight different order types, with 14 chart types enabling comprehensive market analysis. However, the platform does not include a strategy tester or support for automated trading.
Is ActivTrades good for beginners?
More experienced traders get the chance to diversify their portfolios with 130+ exchange-traded funds neatly grouped by region (Europe, UK, US). There is also a category for crypto ETFs that features the iShares Bitcoin Trust ETF and the ProShares Bitcoin Strategy ETF. The broker provides its contract specifications in standard lots, but traders on a budget can place orders in micro lots as well. The minimum amount you can trade is 0.01 lots, which corresponds to 1,000 units in a base currency. These flexible contract specifications render the broker a compelling option for small and large-volume traders alike.
Compare Trading Instruments
This means it doesn’t disclose its financial information, often reducing transparency compared to listed brokerages. Connect with a network of driven professionals, gain valuable insights, and access resources that propel you toward your dream career. ActivTrades boasts a robust customer support system, marked by its responsive nature and multi-channel outreach.
Trade Execution
ActivTrades provides access to four main platforms – its proprietary ActivTrader, MT4, MT5, and TradingView. A monthly fee of €/£10 is imposed on an account with a positive balance that has not been used for more than 52 weeks. To test different options, I also tried Skrill and Neteller e-wallets, which have allowed for immediate deposits with faster withdrawals than bank transfers. £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. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Consequently, any person acting on the information provided does so at their own risk.
ActivTrades is regulated by the Financial Conduct Authority (UK) and is a member of the Financial Services Compensation Scheme. Adapting to varied user preferences, ActivTrades provides its platforms in a format suitable for both Windows and Mac desktop users, offering a stable and comprehensive trading environment. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance.
Depending on your preferences and trading requirements, you can choose a suitable platform and start trading in the markets with ActivTrades. Note that leverage depends on the account type and trading volume (the higher the volume, the lower the leverage). To be eligible for the cashback program, a trader must execute trades with a notional value exceeding 50 million US dollars. After that, for every traded lot, the trader will receive an amount equivalent to a 20% reduction in spreads, a 20% reduction in swaps, and a 20% commission discount on stock trading. Clients of ActivTrades can register demo accounts without restrictions on the validity or number of validity periods. Though the broker’s Trust Score of 81 (Trusted) is respectable, it holds fewer regulatory licenses than the most trusted brokers in our database.
For example, the broker has a registration with the Italian regulator CONSOB but CMVM effectively oversees its operations in Italy. The company also operates divisions in the island nations of Mauritius and the Bahamas under licenses granted by the Financial Services Commission (FSC) and the Securities Commission of the Bahamas (SCB). These offshore licenses enable the broker to do business with customers from most regions worldwide, including Asia, Oceania, Africa, and Latin America.
