ActivTrades Review 2024 Pros, Cons & Key Features Revealed
We also rated that fractional shares are available, making high-value stocks accessible to newer investors. The launch of the Smart Tools, a series of add-ins for its trading platforms, followed later that year. With a wide range of assets available for trading, ActivTrades caters to traders of all levels and trading styles.
- The choice of currency for the account can be made during the account opening process, and it is recommended to choose a currency that is convenient for the trader and matches their local currency.
- In addition, the firm offers ActivTrades Prepaid Card, which is provided for free to the clients with no monthly administrative fee, which gives the same benefits of usage as Mastercard.
- The broker uses secure encryption protocols to protect platforms, servers and payments.
- These include Trading Instruments and Trading Education and Training.
This enables the company to offer its services to clients in other countries. Overall, ActivTrades’ commitment to providing top-notch customer service has earned it a loyal following among traders, making it a popular choice for those seeking a reliable and responsive brokerage service. I came here cuz I was attracted by good spreads and also commission-free trading here. Spreads even matter more for me because earlier I traded crosses with a broker that offered fixed spreads.
ActivTrade Trading Platforms
This demonstrates the company’s commitment to helping its clients succeed in their trading endeavors. The point here is that ActivTrades is an excellent option for anyone looking to enter the world of online trading or for those seeking a new trading platform. With its advanced technology and outstanding customer service, it is easy to see why ActivTrades has received such positive reviews from traders worldwide. ActivTrades is a UK-based brokerage firm providing an electronic trading platform to trade Forex, Contracts for Difference (CFDs), and spread betting.
ActivTrades Overview
In addition to the powerful platform, numerous utility extensions are offered to enlarge trade functionalities and automation features, while bringing tools designed for both decision-making and indicating purpose. These include trading tools, decision-making tools, and numerous indicators. ActivTrades supports various payment options to fund the account including bank transfer, credit/debit card, Neteller, Skrill, and Sofort.
Start Trading With ActivTrades
The broker uses secure encryption protocols to protect platforms, servers and payments. The MetaTrader platforms also offer strong user security with additional authentication options at login. For UK-based clients, there is a low commission of 0.5 pips on spread betting.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The ActivTrader platform is designed to offer traders an intuitive and easy-to-use trading experience with advanced charting tools and a range of trading features. Part of its offering is a mobile trading app that allows traders to manage their accounts and stay connected to the markets. The broker has a good range of trading platforms with numerous add-ons and sophisticated tools suitable for technical trading.
ActivTrades Account types
The platform is compatible with major web browsers, excluding Internet Explorer. ActivTrades PLC was founded in 2001 in Switzerland and established its London headquarters in 2005. The broker has a strong client base in Europe across Italy, Germany, France, and Portugal as well as overseas markets, such as Australia.
All withdrawals are free unless transferring to Citibank or Moneycorp which incur a £9 charge.
The broker strives to always offer their clients transparency, reliability, and safety. Therefore, the company’s management team is highly experienced in the financial industry and is committed to providing excellent customer service. ActivTrades offers trading accounts in several different currencies, including USD, EUR, GBP, CHF, and JPY. These currencies are used for both deposits and withdrawals from the trading account.
In addition, the firm offers ActivTrades Prepaid Card, which is provided for free to the clients with no monthly administrative fee, which gives the same benefits of usage as Mastercard. ActivTrades fees depend on the account type you use but are mainly built into a spread. The broker doesn’t charge commissions for deposit and withdrawal fees and has low non-trading fees. Our experts found out that the broker has fully regulated status by the reputable FCA, so traders can be assured their investments are safe and considered low-risk Forex trading. 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. 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. They offer £10,000 in virtual funds for users to test their ability in the financial markets. Both individual activtrades broker review and professional accounts share similar features such as negative balance protection, FSCS protection, segregated accounts, and best execution. However, the standard individual account includes features such as rewards, risk alerts, and leverage warnings.
They operate three branches outside the UK – in Milan, Sofia and the Bahamas.[7] The Milan office was opened in 2011 to better support clients in this area. The company’s larger branch in Sofia, Bulgaria,[8] opened in 2012 and now employs more than 100 people and handles the programming and technical development aspects of the company. The company also adheres to Anti-Money Laundering (AML) regulations designed to prevent money laundering and terrorist financing. ActivTrades’ compliance with all regulatory requirements demonstrates its commitment to maintaining the highest integrity, transparency, and client protection standards. ActivTrades Europe SA, Public Limited Company, is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
ActivTrades is an excellent option for day traders with ultra-fast execution speeds, very low spreads, no requotes and a choice of superb trading software. ActivTrades fully complies with all regulations, including the European Securities and Markets Authority (ESMA) regulations, which govern leveraged trading in the European Union. ActivTrades minimum deposit requirement is 500$, which allows you to start live trading immediately. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
We also rated that fractional shares are available, making high-value stocks accessible to newer investors. The launch of the Smart Tools, a series of add-ins for its trading platforms, followed later that year. With a wide range of assets available for trading, ActivTrades caters to traders of all levels and trading styles. The choice of…