ActivTrades Review 2021: Is it a Scam? Read Before You Trade

Its cashback programs on live accounts and sign-up bonuses for first-time customers are a great attraction for all traders. Forex brokers make money by charging traders commissions per trade or spreads. Commissions are the fees the trader pays the broker for handling the transaction and is mostly dependent on the instrument and account type.

Deposits are usually verified by the company in less than 30 minutes, but for various reasons, it may take longer. Yes, ActivTrades is reliable and safe and not a scam, since it is regulated by the leading authorities https://forexbroker-listing.com/ such as the FCA. The regulatory status of the ActivTrades broker is more than satisfactory and it provides the necessary security features such as segregated bank account, negative balance protection, and many more.

What is the maximum leverage granted by ActivTrades?

City Index is the trading brand of StoneX Financial Ltd., whose parent company StoneX Group Inc. is listed on the NASDAQ Stock Exchange. The company is regulated by top-tier financial authorities,such as the UK’s Financial Conduct Authority , the Australian Securities and Investments Commission and the Monetary Authority of Singapore . We recommend FxPro for those who are interested in CFD and forex trading and appreciate a quick and hassle-free account opening process. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker.

In addition, there is a weekly video report highlighting key events for the upcoming week. The content is well written and produced and useful for both beginners and advanced traders. In order to achieve your trading goals, you need to choose the right account. We evaluate each broker’s account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account.

We also liked that the deposit and withdrawal process is fast and mostly free. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort. ActivTrader, the proprietary trading platform, provides a sound choice for manual traders.

• Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
• Both are key elements in the company’s reputation in the market, helping to maintain the trust of clients.
• The MetaTrader 4 desktop platform is one of the most feature rich and popular trading platforms in the world.
• A good option for inexperienced traders is the company’s Demo Account, which offers traders an opportunity to trade in a real trading environment with replicated trading conditions.
• ActivTrades Europe SA is authorised and regulated by the Commission de Surveillance du Secteur Financier in Luxembourg.
• One of the security measures supported by ActivTrades is encryption protocols, apart from negative account balance protection, funds protection, and segregated bank account.

The users will receive the reward only if they fulfill the threshold in that particular month. Swap Fees – The broker also charges swap fees for overnight open positions. More than 500 company stocks and shares such as German shares and Japanese shares.

Company Information

It also implemented a separate insurance protection program in addition to the insurance that the Financial Services Compensation Scheme offered, the first United Kingdom broker to do so. Indices trading in Dow Jones, FTSE, Euronext, Nasdaq and others are also available to trade with ActivTrades, as well as fixed-income contracts. Finding a reputable ActivTrades review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. Below is an in-depth review regarding ActivTrades to help you make an informed decision before opening your account or trading on their platform. Deposit Fees – ActivTrades does not charge any deposit fee for payments made through bank transfers or e-wallets like Skrill, Neteller, Sofort, and PayPal. However, deposits made through credit and debit cards are chargeable with a fee of 1.5%.

Cross-asset diversification is possible through 15 commodities, while over 450 equity CFDs are maintained. Complementing them are eight cash index CFDs, 16 forward indices, and seven bond CFDs. Most retail traders will find the overall choice suitable, while advanced and professional traders, as well as fund managers, will swiftly encounter limitations. The account opening process is fully digital and can be completed within a short time on the company website. ActivTrades offers a demo account, individual account, professional account and Islamic account.

ActivTrades provides its proprietary ActivTrader platform, MetaTrader 4 and MetaTrader 5. Digital wallet and debit/credit card withdrawals are processed within 30 minutes. ActivTrades offers Shariah-compliant Islamic Accounts, which feature no interest on contracts held for longer than 24 hours.

Many EAs are available, both free and paid, and it is also relatively easy to find programmers proficient in the language to develop custom applications. Activtrades starts you off with the customizing of the platforms by offering several applications, including a “Smart” suite and a free subscription to Autochartist. Activtrades is a UK based Forex broker and spread betting dealer. It was originally founded in 2001 in Switzerland, and moved to the UK in 2005. All financial products traded on margin carry a high degree of risk to your capital, the current Risk warning percentage is 73-85%.

Non-Trading Fees

The Client Agreement document is available on the Legal Documents page. Overall, we judged that ActivTrades has a high level of transparency. ActivTrades is among the oldest forex and CFD brokers and is overseen by several regulators globally, including the top tier FCA. We found the company to be highly transparent in their practices. When trading forex and CFDs, it is crucial to know a broker’s strengths and weaknesses. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers.

However, the major drawback of trading with ActivTrades is its limited financial instruments as it offers mainly forex, CFD, and a few other assets. Despite having developed a proprietary trading platform, ActivTrades demonstrates their commitment to the MT4/MT5 trading platforms with seven unique add-ons available for all live accounts. The upgraded MT4 allows traders access to a more superior gateway than that which is provided in the proprietary ActivTrader.

The Smart Tool suite upgrades the basic version of the MT4 platform and transforms it into a powerful trading portal. It can be further modified with thousands of third-party plugins, which fully supports automated trading solutions, and represents an overall superior choice. Traders may opt to split their portfolio and utilize ActivTrader together with MT4 for an optimized approach, which unlocks the full potential available.

These awards and recognitions honor the company’s dedication to offering the best trading environments, a high level of customer support, and the use of popular platforms. In addition to the FCA regulations, ActivTrades is also authorized by the Security Commission of the Bahamas. According to the company, ActivTrades Corp is still under development to offer platforms to the South American markets and broaden its customer base to non-EU clients as well. The powerful ActivTrades broker is carefully designed keeping in mind the trading requirements of its clients. The intuitive interface offers a lightning-fast execution speed of 0.4 seconds, which is one of the most notable features of the platform. ActivTrades includes the Progressive Trailing Stops Order and all the platforms are compatible on PC, iOS, and Android devices, allowing mobile trading on the go.

Regulierung und Sicherheit: BaFin und FCA überwacht den Handel

Most brokers provide research tools to assist traders with researching the markets they are interested in, helping to make informed trading decisions while minimizing the risks involved. ActivTrades customers have access to a number of research tools to assist in this regard. Some of these include up-to-date market news, forecasts, market analysis, and an economic calendar. ActivTrades offers its customers a selection of reliable and popular trading platforms. The MetaTrader 4 and 5 platforms are popular choices amongst traders across the globe as it offers several benefits.

Swap-free/Islamic accounts are also available along with a free demo account for demo trading. Among its notable security features, it is worth mentioning that ActivTrades is a reliable forex broker that keeps all client money in segregated accounts and employs top tier-1 banks to do this. ActivTrades offers a wide range of products, aimed at both private and institutional investors.

The add-ons, labeled Smart Tools, include automated chart pattern recognition, which is a tremendous tool, especially for retail traders who may lack resources and access to a proper trading team. Smart Tools represents the most valuable asset this broker provides. Currency pairs are commission-free, where the EUR/USD carries an average spread of 0.72 pips, representing a competitive offer. US equity CFDs carry a minimum commission of $1 or $0.02 per share, UK CFDs carry a commission of £1 or 0.1%, and European shares carry a commission of €1 or 0.01%. It should be noted that this broker also charges its clients €1 per month for market data, which is not a significant charge. Swap charges on leveraged overnight positions apply, and can be obtained directly from the trading platforms.

NewsBrent oil prices rose during early Friday tradingRicardo Evangelista, Pierre Veyret

In addition to this, the MetaTrader platform also offers robust user security features with an additional authentication option at login or sign up. Hence, traders seeking a reliable and safe forex broker can keep ActivTrades in their top 5 list of brokers as it offers enhanced client fund protection through additional insurance. Another notable feature of ActivTrades is its customer support center.

In some cases, brokers charge rollovers, also known as swap fees, for positions held open overnight. These fees are dependent on the interest rate differential between the currency pair traded in the open position. By 2008 it added CFD trading on financials, indices as well as commodities. In 2009, the company landed a weekly slot on CNBC, the popular American news channel. ActivTrades is regulated by SCB, FCA, CSSF The company’s Negative Protection Balance Policy was set in motion in 2013.

The FSCS protects investments of up to £85,000 if a firm becomes insolvent. By contrast, a trader working with a broker entity regulated offshore would not necessarily have these benefits guaranteed to them. Advanced traders can take advantage of competitive spreads, high leverage levels, advanced order types, and proprietary add-ons for MetaTrader. Some traders would like higher leverage to grow their accounts, even though this isn’t recommended! Typically you won’t be able to find high leverage from regulated brokers, so you would need a broker with offshore capability like Hugoswayor IC Marketsto do this.

Dan also traded at a couple of different prop trading firms in Chicago. Recently the platform insisted my clients broke the trading rules, but my clients said they did not. Worse still, I paid commission fees for my clients at the very beginning. To see more details please check the following screenshots, and please do not repost them, thanks. By taking advantage of robust networking and security services on IBM Cloud, ActivTrades has improved the availability of its services while strengthening its systems against unauthorized intrusion. Both are key elements in the company’s reputation in the market, helping to maintain the trust of clients.

Beginners can benefit from the intuitive ActivTrader platform, one-on-one training, and a free demo account. New traders can limit their risk when trading live using mini and micro-lots. ActivTrades also offer the MT5 platform, suited to the more experienced trader.