Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. A minimum deposit is the minimum amount of money required by ActivTrades to open a new online brokerage account with them. ActivTrades is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of ActivTrades going into insolvency.
- When selecting a broker such as ActivTrades, one of the most critical factors to consider is the broker’s regulatory body and regulatory status.
- It trades way better than old solutions out there, designed better so it looks way more professionla.
- A free demo account is maintained, and an Islamic account is available upon request for a minimum deposit.
- Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website.
- However, MetaTrader also has platforms that can be downloaded.
- For those with an eye on the future, the broker does provide opportunities to delve into cryptocurrency trading, embracing the digital currency evolution.
ActivTrades Corp is a subsidiary of ActivTrades PLC, authorized and regulated by the UK Financial Conduct Authority (FCA). The global brokerage also holds a license with the Securities Commission of the Bahamas. 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. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Traders have access to a video library with tutorials about how to use the MT4 platform and general educational videos.
Negative balance protection is important for traders using leverage on platforms like ActivTrades. In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a ActivTrades trading position does not go in your favour, this is where negative balance protection comes in handy. Don’t be scared off by brokers like ActivTrades charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
ActivTrades not quite right?
ActivTrades offers plenty of webinars, which are updated constantly. These webinars feature guest speakers and other experts who can help fill you in on the latest in trading. Thus, these webinars are a great way to stay up-to-date with the latest trends and strategies in the industry. Every trader is different, and SmartTemplate allows you to create a customized workspace activtrades review that suits your trading style. You can save your chart layouts, indicators, and even your preferred color scheme, ensuring you always have the tools you need at your fingertips. In addition, ActivTrades has its own proprietary platform called ActivTrader, which has been enhanced with the latest tech and functionalities to create an in-depth trading experience.
ActivTrades offers competitive forex spreads as low as 0.5 pips on the EUR/USD and USD/JPY and 0.8 pips on the GBP/USD. Actually, it was not until they have made tradingview integration possible, i was not trading with activtrades. I now realize that ia ctually missed a lot, because when I have open my account and realize there are an activtrader they have, and i looked at it, it is pretty amazing it was.
Customer Support
Brokers like ActivTrades must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. ActivTrades maintains an acceptable asset selection, suitable for most retail traders. The Excess of Loss insurance coverage indicates a strong fiscal position and enforces the protection of client deposits.
The broker is regulated by the top-tier UK Financial Conduct Authority (FCA), which has stringent rules and enforcement mechanisms. Finally, we withdrew our funds to evaluate whether the withdrawal process was smooth. The company also operates under the Basel II framework (consisting of Pillars 1, 2 and 3), which helps ensure financial soundness among investment firms. Additionally, all account representatives are trained and encouraged to take an exam. While a UK phone number is not available, there is an English support desk. ActivTrades has a comprehensive education section, which includes the option of one-to-one training, as well as webinars.
What Is The Process For Withdrawing Money From ActivTrades?
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on ActivTrades offers traders comprehensive features and tools to enhance their trading performance. The ActivTrades MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the ActivTrades platform to their needs. One of the standout features of MT4 is its charting functionality, which allows ActivTrades traders to analyze price movements and make informed trading decisions. In the trading world, brokers like ActivTrades, have different minimum deposit requirements based on the target audience they are trying to attract.
The Trustpilot Experience
As for other conditions, then they were quite habitual to me, I haven’t stressed something truly unique besides this interesting integration. In fact, it’s just a decent and solid brokerage company with a very rich history. I learned i was pouring water into the basket by investing my money here. They frustrate their customers and make sure you don’t get a single dollar back.
MT4 is a platform available with ActivTrades, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The ActivTrades MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. ActivTrades allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. ActivTrades has been in operation since 2001 and provides superior protection of its client funds up to £/$1,000,000. The pricing structure and asset selection are acceptable, though the Bahamas subsidiary provides a far superior trading environment than the UK one. New traders are provided with an outstanding educational division, while in-house research is below average.
Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. When using ActivTrades, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. With STP execution on the ActivTrades platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing. It’s important to note that ActivTrades requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps ActivTrades maintain a trustworthy financial environment for its 10,000 users.
Luckily chargebacksecured com helped me recover all of my funds back in the most professional manner. The withdrawal process was seamless as the client only needs to indicate the amount they want to withdraw. The broker’s systems will automatically distribute the corresponding amounts via the different payment methods used. ActivTrades has a minimum deposit requirement of US$500 on its Islamic accounts.
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 MetaTrader 4 (MT4) platform offers a suite of Smart Tools that drastically improves its functionality.
It is an award-winning global company with customers in more than 140 countries. The company’s number of employees stands at more than 200 and its revenue sits around £23m. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Throughout our comprehensive ActivTrades review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. You will be exposed to a high risk of loss regarding leverage and margin-based trading.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by ActivTrades terms and conditions. It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them. To better understand the ActivTrades trading platform, you can create two separate accounts – one with real money and the other a ActivTrades demo account.
In-house research is generated by three analysts who provide brief trading ideas daily. While the content is acceptable, it remains far below the quality of competing brokerages. The Smart Tools suite provides clients with more valuable research than the published content of the analytics team. Education is available via one-to-one training, which represents an excellent service to new traders. A video library covers MT4 introductory topics, and manuals covering all trading platforms are available.
