Main Highlights or Features
– ActivTrades is a well-established online broker that offers a wide range of trading services and products.
– The broker provides access to various financial markets, including Forex, indices, commodities, and shares.
– ActivTrades offers tight spreads, competitive pricing, and fast execution, ensuring traders can take advantage of market opportunities.
– The broker supports multiple trading platforms, including MetaTrader 4 and MetaTrader 5, providing flexibility and customization options.
– ActivTrades provides a range of educational resources, including webinars, tutorials, and market analysis, to help traders improve their skills and knowledge.
– The broker has excellent customer support, with a multilingual team available 24/5 to assist traders with any queries or issues.
Comparison to Top Competitors
Here’s a comparison table between ActivTrades, Forex.com, Interactive Brokers, eToro, and AvaTrade:
| Aspect | ActivTrades | Forex.com | Interactive Brokers | eToro | AvaTrade |
|---|---|---|---|---|---|
| Trading Platform | MetaTrader 4/5 | Proprietary platform | Trader Workstation (TWS) | eToro WebTrader, Mobile App | AvaTradeGO, MetaTrader 4/5 |
| Account Types | Standard, Islamic | Standard, Commission-Free | Individual, Joint, IRA, more | Standard, Islamic | Standard, Islamic |
| Minimum Deposit | $100 | $50 | $0 (varies by account type) | $200 | $100 |
| Spreads | Variable, starting from 0 | Variable, starting from 0 | Variable, starting from 0 | Variable, starting from 1 | Variable, starting from 0.9 |
| Leverage | Up to 1:400 | Up to 1:500 | Varies by instrument | Up to 1:400 | Up to 1:400 |
| Commission Fees | No commissions on most | No commissions on most | Commissions on some trades | Spread-based model, no | Commissions on some trades |
| account types | account types | commissions on stocks | |||
| Regulatory Oversight | Regulated in multiple | Regulated in multiple | Regulated in multiple | Regulated in multiple | Regulated in multiple |
| jurisdictions | jurisdictions | jurisdictions | jurisdictions | jurisdictions | |
| Educational Tools | Extensive resources | Extensive resources | Extensive resources | Comprehensive educational | Extensive resources |
| resources, social trading | |||||
| Research | Comprehensive | Comprehensive | Extensive research tools | Limited research tools | Comprehensive research tools |
| Customer Support | 24/5 live chat, email, | 24/7 live chat, email, | 24/7 live chat, phone, | 24/7 live chat, email, | 24/5 live chat, email, |
| phone support | phone support | email support | phone support | phone support | |
| Mobile Trading | iOS and Android apps | iOS and Android apps | Mobile trading apps available | iOS and Android apps | iOS and Android apps |
Please note that the information provided in the table is based on general knowledge and may not reflect the latest updates or changes made by the companies. It’s always advisable to visit the respective websites or contact the brokers directly for the most accurate and up-to-date information.
Summary of the Review
| Pros | Cons |
|---|---|
| Wide range of trading services | Limited product offering compared to some competitors |
| Tight spreads and competitive pricing | Minimum deposit might be high for beginner traders |
| Multiple trading platforms | |
| Excellent customer support |
Fees and Pricing Structure for Different Types of Accounts
– ActivTrades offers different types of accounts, including a Standard Account and a Professional Account.
– The Standard Account has no minimum deposit requirement and offers variable spreads starting from 0.5 pips.
– The Professional Account requires a minimum deposit of $1,000 and offers lower spreads starting from 0.3 pips.
– Both accounts charge a commission of $1.50 per side per lot traded for Forex and Metals.
– There may be additional fees for overnight positions and inactivity.
Minimum Deposits
– The Standard Account has no minimum deposit requirement.
– The Professional Account requires a minimum deposit of $1,000.
Top Recommended Platforms
Cryptocurrency assets are volatile in nature. Buy and trade at your own risk.
73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Safety Features
– ActivTrades is regulated by the Financial Conduct Authority (FCA), providing a high level of security and protection for clients’ funds.
– Client funds are held in segregated accounts, separate from the broker’s operational funds.
– ActivTrades offers negative balance protection, ensuring clients do not lose more than their initial deposit.
– The broker implements advanced security measures to protect sensitive information and utilizes encryption technology to secure transactions.
FAQs
1. What markets can I trade with ActivTrades?
– ActivTrades allows trading in Forex, indices, commodities, and shares.
2. What trading platforms are available?
– ActivTrades supports MetaTrader 4 and MetaTrader 5 platforms.
3. What are the minimum deposit requirements?
– The Standard Account has no minimum deposit requirement, while the Professional Account requires a minimum deposit of $1,000.
4. Is ActivTrades regulated?
– Yes, ActivTrades is regulated by the Financial Conduct Authority (FCA).
Conclusion
In conclusion, ActivTrades is a highly reputable broker that offers a comprehensive range of trading services. With competitive pricing, tight spreads, and strong regulatory oversight, it provides a secure and efficient trading environment for both beginner and experienced traders. The availability of multiple trading platforms and educational resources further enhances the trading experience. However, it is important to consider the limited product offering and the higher minimum deposit requirement for the Professional Account when choosing ActivTrades as a broker. Overall, ActivTrades is a reliable choice for traders looking for a trusted and feature-rich trading platform.
