After all, aligning a trader’s ambition with a broker’s offerings crafts the blueprint for trading success. ActivTrades offer customer support in multiple languages, 24/5. activ trades review A live chat channel, a free call back hotline, plus email support are available from the respective logos and icons on the right-hand side of the official webpage.
An Abundance of Investment Options
The broker provides one-to-one lessons to new traders that are quite helpful. ActivTrades’ clients can deposit funds into their trading accounts via bank transfers, debit and credit cards, and e-wallets such as Skrill, PayPal, and Neteller. ActivTrades offers overall variable spreads depending on the underlying product. In this review, we looked in depth at ActivTrades, starting with the level of safety it guarantees and moving on to the services and trading conditions offered. We examined the Client Agreement looking for potential clauses that are harmful to the investor. In addition, ActivTrades implements a negative balance protection policy, which ensures that clients cannot lose more than their account balance.
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Traders can go long or short with reliable trading tools, excellent market research and transparent pricing. I decided to think about it, although I had no experience in trading on the foreign exchange market. I surfed the Internet and asked some feedbacks about ActivTrades. At the beginning, I was getting some training, and I was getting a lot of help.Well, to this day, I’m still here and I make small but steady money. It’s the first time I entrusted my money based on the opinion of other people, which is the only argument. Activ Trades Review found several learning resources to its clients.
I am surprised by the execution the…
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. Each section of this ActivTrades review will go into more detail about the broker’s offerings. ActivTrades is a global forex trading and CFD brokerage firm founded in 2001. The company operates worldwide through its regional offices in Nassau, Milan, Sofia, and Luxembourg. This multi-regulated broker offers online trading services across various financial markets.
How does ActivTrades make money?
I tested the spreads at ActivTrades across various markets during the London open and after the New York open. At these times, the market is typically highly liquid with the tightest spreads. For instance, clients under EU entities enjoy a high level of regulatory scrutiny and are covered by a compensation scheme in the event of broker insolvency.
Whatever trading style, the account is sufficient.The pro accounts give more experienced traders more control of their trading. You should note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. I like that there are digital wallet options as I find this often to be the quickest way to get access to my funds. Free demo accounts are available to test the different trading platforms and conditions before opening a real account. I think demo accounts are great for beginners who want to get a feel for trading without actually risking any funds.
ActivTrades Minimum Deposit
The broker offers both Individual and Professional accounts, catering to the needs of amateur traders and seasoned professionals. The firm has extensive https://forexbroker-listing.com/ training and education courses via webinars. Free content is available at all levels from fundamental principles to advanced trading theories.
The ActivTrades live account is linked to all three trading platforms. Professional accounts are available but certain criteria must be met, such as carrying out large transactions or having substantial experience working in the financial sector. ActivTrades hold a superb reputation among clients on Trustpilot as well. Almost 79% of clients rated the company to be an excellent choice for trading forex and CFDs. The company holds a rating of 4.3 out of 5 stars after 741 reviews. According to a user on Trustpilot, ActivTrades is a leading broker with remarkable credibility.
ActivTrades provides its customers with the option to choose between two different account types. These types include a standard account and an Islamic account. The broker supports GBP, EUR, CHF, and USD as an account’s base currency. A 0.3% currency conversion fee is charged on all transactions carried out in currencies other than the base currency of your trading account.
These charges are not applied to index and commodity instruments. An inactivity fee of £10 per month will kick in for any accounts with a remaining balance not used for over a year. ActivTrades was founded in 2001 by Alex Pusco, its current Chairman. It is a UK-based company, with the address of its HQ office situated in London, and it has won the award for ‘Best Forex Broker UK’ (Le Fonti IAIR Awards), among other accolades. The broker also has offices elsewhere in Europe and the Bahamas. Customers can be reassured that this broker is regulated by multiple reputable bodies, including the UK’s FCA.
ActivTrades trading platforms provide access to various tools and indicators. All of the supported trading platforms are accessible on desktops and mobile apps. ActivTrades fees and commission seem in line with the average industry standards. The broker charges variable spreads for various financial instruments across all ActivTrades accounts.
- These articles go into substantial depth and include practical applications in the markets.
- And it’s done for a specific reason, they don’t rely on beginner traders and their deposits losses.
- ActivTrades offers a broad range of accounts and tools where users can trade forex, indices, commodities, cryptos and shares.
- This is a broker that has been decorated multiple times, and now I understand why.
- The company charges $10 per month if your account remains inactive for one year.
- The rich charting feature accompanies 80+ technical indicators and 40+ drawing tools.
ActivTrades’ clients can opt for plenty of trading platforms, including MetaTrader 4 and MetaTrader 5, with add-ons, seamless TradingView, and an intuitive in-house ActivTrader platform. The most admirable feature of the company its registration process. At first sight, it may seem that the broker gathers lots of personal information but you shouldn’t bother about it at all. It entirely ensures safety of all your data and funds, because the company is well-regulated and complies with all legal rules and norms.
I am in no hurry, so I am ready to wait for my funds to be credited as much as required.Have never experienced any difficulties with that, thanks. Having tried various platforms all starting up with amounts to start up then followed by an instant request to upgrade in the most dishonest way being asked to pay more. So daunting is also when they ask for commission before withdrawal, these requests don’t stop they keep coming one after the other and then all of my investment was lost. Luckily chargebacksecured com helped me recover all of my funds back in the most professional manner.
Additionally, STP is a type of NDD broker that defines a trading platform that uses Straight to Process execution without the involvement of a dealer. NDD is suitable for scalping or other methods, as well as for larger account types. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago.
We will also look into how to open and verify an account, and the safety measures provided on clients’ investment funds. The broker only offers you a basic choice of an individual or professional account. A trading account allows you to trade on the ActivTrader or MetaTrader platforms with access to a wide range of trading instruments and trading tools. I think they could improve by adding some more account types. Usually, brokers will have accounts with zero commission fees and a spread mark-up, or a small commission fee for spread starting at zero pips.
Last modified: June 14, 2024