Article Details

Activ Trades Forex Brokers Reviews

Activ Trades Forex Brokers Reviews

October 8, 2019 11:02 am

After new traders obtain access to the back-office, verification is mandatory as stipulated by regulators to satisfy AML/KYC requirements. A copy of the trader’s ID and one proof of residency document generally completes this step. The MT4 trading platform fully supports automated trading solutions. The FCA regulated entity offers a professional account upgrade. Credit card transfers are instant, and bank transfers can take several business days. You are only allowed to deposit money from accounts in your name.

Non-leveraged stocks trading implies no commissions and no overnight fees. Which makes non-leveraged stock trading at Activtrades a decent alternative to investing. Anyways I think this information will be helpful to traders. I ain’t wanna be superficious in my contemplation, but as far as I know, alongside with a huge update of broker’s service, it terminated existed smart tools that took place before. If I am not mistaken, only Pivot Points Indicator remained untouched.

Perhaps, the company decided to implement them directly into trading platform, but they were available strictly for MT4 and MT5. It’s in case you meant these particular instruments. Others still exist and are inherent to all trading platforms, even the broker’s branded one – ActivTrader, that is also considered to be quick and modern.

The analysis is quite brief and mostly from a fundamental perspective. Longer form in-depth analysis stories are published once or twice a week. Professional accounts are only available for ActivTrades PLC clients.

activtrades forex review

London exchange assets will need 0.10% and £1 minimum. New york entities plus international have US$0.02 per share and US$1 minimum commission. Trading conditions of this account are suitable for traders from Arab and Islamic world and don’t break Shariah law. Its will be much more interesting for experienced traders or investcompanies than to new players. I’ve been trading for 5 years and sometimes, I change brokers.

It has a simple and user-friendly interface and allows you to use different functions at the same time. In addition, this tool increases the trading speed. SmartOrder2 helps improve the position management process such that there is an improved integration between the platform and the app.

Is this broker good for beginners?

The rating system provides a clear picture of how well your broker fulfills this service. Many brokers brag about having great customer service but few actually live up to it. ActivTrades is one of the few that walks the talk and delivers great support to its clients.

Is ActivTrades good?

ActivTrades has low trading fees. The account opening process is excellent and deposits and withdrawals are free. On the negative side, ActivTrades's product portfolio is slim and its research tools are basic. Also, there is a currency conversion fee and an inactivity fee.

ActivTrades itself developed this feature to protect the trader’s profits. This feature allows the trader to protect their profit by allowing the setup of multiple tiers that are automatically modified as the market reaches specific trigger prices. Overall, the educational materials at ActivTrades are good and can cater to both beginners and advanced traders. The section could be improved by adding courses with progress tracking and quizzes.

ActivTrades Trading Platforms

However, it lacks a safer two-step login and price alerts. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable?

There are times when they fly by hundreds of points, and the main thing is to catch the wave… Second but not least, I would like to note that they have a pretty mobile app. Thus the orders remains under control as you may react wheever you need according the news for example.

This has prompted it to relocate its headquarters which it did in 2005 and had it moved to London, a major business hub in the world. It also has opened many offices in many countries around such as in Italy, the Bahamas, and the United Arab Emirates among many more. I was trading on the platform for 2 days, and from one moment, unexpectedly, they disconnect my trading account and make it disable. The term “indicators” can refer to a wide variety of tools, from those used for making decisions to those used for trading. Online trading involves significant risk, and you may lose all of your invested capital. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

activtrades forex review

The platform uses cutting edge TradingView charts, which feature over 100 indicators, over 50 drawing tools, 9 time frames and 11 chart types. One-click trading is available for traders who want to get in and out of the market quickly. ActivTrades is among the oldest forex and CFD brokers and is overseen by several regulators globally, including the top tier FCA.

MetaTrader is also popular due to its copy trading and automated trading features. MT4 also allows users the convenience of trading directly from the chart. Traders can set up a list of their favourite instruments and follow live quotes in a panel called Market Watch.

ActivTrades Spreads

I like the broker suits this purpose perfectly well. ActivTrades is regulated by the SCB, FCA, and CSSF. It is important for potential traders to do thorough research before deciding on which broker to trade with. Commodity markets consist of the economic sector of products such as oil and gas, metals as well as agricultural products. It usually involves futures trading and the buy or sells of a selection of instruments. The foreign exchange market, also known as FX or forex, is the most liquid market in the world.

Is AvaTrade a trusted broker?

Yes, your money is as safe with AvaTrade as it would be with any online broker that is globally regulated in top-tier jurisdictions and authorized to hold its client's funds. AvaTrade is trusted by over 300,000 customers with millions of dollars in deposits.

So for traders who try to apply fundamental analysis in their trading, ActivTrades Market Analysis section is at their disposal. Definitely not every trader can appreciate Activtrades. It is for those who know what they want from broker. No wonder the entry ticket is very high, but it’s worth every penny. In this review, author has listed types of accounts and briefly described them.

ActivTrades spreads All spreads ActivTrades

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. I wish there were more smart indicators that help me predict the future of assets, now that would have been really good. As you mentioned it correctly, there are some differences in asset selection between our trading platforms. Trading platform is good old Metatrader and it working fine.

See the fee table below with funding fees and non-trading fees to be considered. For the Cons, conditions for trading including fees and spreads may vary according to regulation and entity, the instrument range is traded only on FX and CFD basis and support isn’t 24/7. Another disadvantage is that the broker operates an offshore entity and there are limitations on currency types allowing only major currency funding. According to this ActivTrades review, the platform offers multilingual customer support that is available 24 hours, 5 days a week, from Monday to Friday. Potential traders must note that thorough research is a must before they decide which broker to trade with.

Is ActivTrades Legit?

Yes, ActivTrades is a legit broker and not a scam, since it is regulated by Financial Conduct Authority (FCA) and is a member of the Financial Services Compensation Scheme (FSCS). According to the exchange’s latest survey, the overall experience of most traders was described as excellent or good.

This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.

Standard order types such as market orders, limit orders and stop loss order are available. Time in force conditions such as GTC (Good ’til cancelled) can be applied to pending orders. Advanced orders such as trailing stops are available. The platform is highly customizable with a choice of layouts.

activtrades forex review

Is ActivTrades legit features all the key aspects you need to look at to see if a broker is safe and legit. Being regulated by the top-tier FCA and being in operation for a long time are all great signs for ActivTrades’s safety. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. However, they ask for contact details before answering, which we found a bit annoying. You can see the number of long/short (buy/sell) positions in the search bar.

Equity and index CFDs are exposed to corporate actions, suitably described on the website. Third-party charges for deposits and withdrawals exist. Trading with a regulated broker in the European Union means a certain cap of the maximum leverage. ActivTrades protects its clients from too many risks, and provides access to many trading platforms with attractive trading conditions and instant executions.

  • All client accounts are insured for up to $1 million.
  • I suppose the brokers should follow the manner of leading the business from activtrades since this broker has already recommended itself as a reliable one.
  • From there, it grew into an international brokerage, presently catering to traders from over 140 countries.
  • That’s so good when your broker doesn’t intend to rip you off.

I want to know about it in order to understand what information i should read an what – to miss. Frankly speaking, this broker is considered to be an acceptable one. The matter is to have a broker who would be reliable and responsive. This broker is trustworthy anyway because it has been on the market for more than twenty years. I see nothing special that could make me praise them and write long posts in their honor.