Credt/debit card deposits are charged with a 0.5% fee in the UK and the European Economic Area and 1.5% for non-EEA clients. The EEA includes EU countries as well as Iceland, Liechtenstein and Norway. The account opening process starts with selecting your country of residence and adding basic personal information, including your name, email address, and password.
We first contacted the team via live chat and asked them to approve our request to add extra instruments to our account. Traders also have access to short market analysis pieces published by the broker’s in-house analysts, which could be more detailed and specific. The ideas lack the depth and research quality offered by top brokers. The broker also offers the popular MetaTrader 4 and MetaTrader 5 platforms. Clients can access the two platforms via the desktop and mobile MT4 and MT5 applications. ActivTrades has a minimum deposit requirement of US$500 on its Islamic accounts.
We tested ActivTrades’s own activtrades review platform for this review.
ActivTrades Leverage & Margin Requirements
The broker provides one-to-one lessons to new traders that are quite helpful. This is a unique service that most brokers do not offer. 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.
So I wanted to do a piece from the experience as well. So far it has been going good, little-to-no slippage. I understand that they have a good infrastructure going on for that. The spreads are very narrow too, some of them are less than one pip.
How do I know I can trust these reviews about ActivTrades?
That is not related to the ActivTrades platform as everything is clear and placed in order. That’s the first broker I tried to trade outdoors using their mobile app activeTrader. I should note that I never open trades in the gambling way. I make full technical and fundamental analysis on the weekend. It gives me all the necessary information on the assets I trade and the rest of the week I trade on the app and it all works. Unlike many day traders, I hate being glued to the monitor from morning till night.
- The broker has been actively improving its services through the years and has been able to establish a reputation as a trusted and reliable company to cooperate with.
- Know that the values of ActivTrades are at the very core of their operations.
- As a user of ActivTrades, I can attest that this forex broker offers a comprehensive range of services that cater to traders’ needs.
- Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis.
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? We compare brokers by calculating all the fees of a typical trade for selected products. We also compared ActivTrades’s fees with those of two similar brokers we selected, Admirals and FxPro. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of ActivTrades alternatives.
ActivTrades seems to be a case where; it does not do what it says on the label. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
One day I received an offer to trade with ActivTrades. 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. Now I am passionate about reviewing and comparing forex brokers. ActivTrades’ customer service team was accommodating and gave us direct and accurate answers to our questions.
ActivTrades Editor’s Verdict
More than 500 company stocks and shares such as German shares and Japanese shares. MT5 users can download the MT5 software on their desktop to trade and invest from their mobile devices or use the WebTrader version. The Smart Order 2 app, built by the ActivTrades to increase the trading speed and enhance the integration between the app and the platform. This is where I first saw not just a brokerage company, but a place where you can try and experiment and exactly learn. Keep in mind that if you hold a short position on a particular stock on the day of the dividend payment, we will charge the dividend amount from your account.
Review of the trading conditions for traders
It offers over 1100 tradable instruments from different asset classes at competitive pricing. Its account types are not particularly diverse, though they are highly efficient. The broker’s proprietary platform ActivTrader has a highly intuitive design and a rich collection of tools. Being powered by Trading View, it ranks among the best in the world.
Over 50 forex major currency pairs such as EUR/USD, USD/GBP, and many other currencies. One thing is when you have bad conditions and you entice traders, https://forex-reviews.org/ the other when your conditions are awesome and it’s not a shame to invite new clients. I think this is one of the reasons it’s my primiry broker.
There are other technical tools, like Application Programming Interfaces , which help implement an automated trading strategy. APIs allow traders to directly connect their screening software with their broker account to place orders. ActivTrades doesn’t have an in-house developed desktop trading platform, it uses the MetaTrader 4 and MetaTrader 5 platforms. ActivTrades’s desktop trading platform is provided by MetaTrader. It is highly customizable, has a clear fee report and price alerts, but lacks a two-step login and its design is outdated.
While a good promotion, the volume requirements in the promotional terms and conditions are high. Head to the mobile trading section located underneath each platform page on the broker’s website for instructions on how to invest from your iPhone, iPad or Android device. ActivTrades features a cashback program for traders who exceed $50 million in notional trading value. Interest is paid on available free margin; however, both reward programs are available only for traders from the Bahamas operating subsidiary.
Such motivation always triggers traders to trade a lot and receive lots of experience in trading. GOLD Gold prices are trading almost flat as the European session gets underway. The price of the precious metal is caught between two opposing forces. On one hand, there is support arising from growing anxiety over the US regional banking crisis, which caused a drop in risk appetite and fuelled demand for haven assets.
To take on a broader role, CFD and FX broker ActivTrades has promoted Vikeshkumar Purohit as Head of the UK and DACH markets. No, ActivTrades is not an ECN broker and hence, it does not offer ECN trading. However, note that traders from Canada and the United States cannot trade on ActivTrades. Swap Fees – The broker also charges swap fees for overnight open positions. We thank you for choosing our services and sharing your valuable experience with us. Don’t get me wrong, I am not trying to overpraise this company but the platform is simply one of the best definitely.
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