Although Forexpeacearmy’s community seems to have favoured the company, still 40% of clients hold negative feedback about it. Clients appraised the company’s low spreads and instant trade execution policy. However, at the same time, they denounced the broker for its poor customer support. ActivTrades offer from 0,45 pips minimum spread for FTSE and from 0,5 pips for all major forex pairs. Opening a demo account with ActivTrades is free of charge, but the minimum initial deposit for a live account is $100. If you have a live account with ActivTrades and that account has no trading activity for six consecutive months (180 days), then the firm.
Leverage Options
- SmartPattern can be used by all levels of traders and can be applied to all chart timeframes to increase the frequency of forecasts.
- I work with this broker for several months, trade major currency pairs and sometimes catch nice deals on shares.
- ActivTrades is a secure trading platform with competitive spreads and no hidden fees.
- Delving deeper, instrument-specific insights further fortify traders’ decision-making processes by providing more information about specific tradable assets.
- Traders can set price alerts and trailing stops to enhance risk management and react quickly to market changes.
Bank transfers in US dollars are the sole exception to this rule as they incur a $12.50 fee at the EU-facing version of the website. Requesting a bank transfer withdrawal under the Bahamas and Mauritius entities will cost you £9. The broker is a counterparty in all transactions and profits solely from the spreads.
Is ActivTrades regulated? – Regulation and safety for customers
While it doesn’t offer physical crypto services or classic securities accounts, it does provide swap-free (Islamic) account options on request, alongside standard and professional trading solutions. ActivTrades is a global forex trading and CFD brokerage firm founded in 2001. The company operates worldwide through its regional offices in Nassau, activtrades review Milan, Sofia, and Luxembourg. This multi-regulated broker offers online trading services across various financial markets. ActivTrades trading instruments include 1000+ stocks, 40+ currency pairs, 60+ ETFS, 14+ indices, 13+ commodities, and 5+ bonds.
Maximum Leverage By Asset Class
The second is that the size of a trader’s financial instrument portfolio, including cash deposits and financial assets, must exceed 500,000 EUR. This might include but is not limited to, saving accounts, options, shares portfolios, equities, and investment in funds. And third, a trader currently works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged. It also allows traders to view multiple financial instruments, and it is designed with an intuitive interface that packs market-leading functionality. ActivTrades mobile gives simplicity and brings freedom to the trader’s hands and making a better trading experience.
Popular Forex Guides
There are no fees charged for opening or maintaining an account, which is on par or better than most European and international brokers. Accounts can be opened in various currencies including GBP, EUR, USD, CHF. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve by adding support for some more currencies considering they have clients from all corners of the globe. You will find major currency pairs, popular cryptos and shares in some of the largest companies.
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.
Answer a series of questions designed to assess your trading experience, financial knowledge, and risk tolerance. This information helps ActivTrades ensure that their services are appropriate for your needs. Compared to industry standards, ActivTrades’ regulatory framework is robust and comprehensive. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
ActivTrades, established in 2001, has consistently positioned itself as a trusted partner for traders worldwide. With a strong regulatory framework, diverse trading platforms, and a commitment to customer satisfaction, ActivTrades offers a comprehensive trading experience. This review delves into the key aspects of ActivTrades, providing insights into its offerings and evaluating its suitability for various traders. Copy trading allows clients to replicate the strategies of successful traders, providing a hands-off investment approach for those who prefer to leverage the expertise of others. These options, combined with the broker’s core offerings, offer investors various choices to diversify their portfolios.
I have always been impressed with the support that I have received from them over the years. However, we could not trade shortly after our initial deposit, but the issue was resolved quickly after contacting the support team. We sent the team an email asking whether they allow scalping and hedging strategies and how long they would take to process our withdrawals.
- He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016.
- They aim to put client’s interest above all else and thus all client accounts have negative balance protection to ensure losses cannot exceed the account balance.
- PwC, along with Deloitte, KPMG, and Ernst & Young, is one of the Big Four auditing firms that reviews major public and private companies globally.
- All funds deposited into your trading account must be under the same name as your ActivTrades account.
The support department is at customers’ disposal round-the-clock, delivering quick assistance via multiple communication channels. Withdrawing from your live balance is a hassle-free process at ActivTrades as most payments go through within the same working day. The supported withdrawal methods overlap with those available for deposits.
Additionally, the broker maintains enhanced insurance protection covering up to $1,000,000 for clients in case of insolvency, providing an extra layer of security. Yes, ActivTrades provides Islamic accounts with no overnight swaps, tailored for traders adhering to Shariah principles. They retain access to full features, including cashback and advanced platforms. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers.
Powered by ActivTrades’ IBM Cloud infrastructure, MT4 delivers fast execution, low latency, and seamless multi-device access. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
ActivTrades offer personal online training sessions where their knowledgeable support team will guide you step by step through the essential information required to commence trading. These sessions aim to help you understand the main features of their trading platforms, trading tools and personal account area. Admirals do also provide trading if this is something you are specially looking for.
Swap rates are either positive or negative, largely depending on position direction (long or short). Negative swaps apply when the currencies you are buying have lower interest rates than those you are selling, whereby you pay interest. The London-headquartered broker further bolstered its operations in Latin America after receiving authorization from the Brazilian Comissão de Valores Mobiliários (CVM) in late 2021.