ActivTrades provides a comprehensive suite of educational resources and trading tools to support its clients in their trading journey. These resources are designed to cater to traders of all levels, from beginners to advanced traders, and cover a wide range of topics related to forex, CFDs, and general financial market education. A noteworthy feature is ActivTrades’ demo account, which serves as a primer for those wishing to test the waters without financial commitment. With the paper trading account, traders can experiment with virtual funds under real market conditions. Recognizing the importance of inclusivity, the broker also facilitates Islamic (swap-free) accounts that adhere to Sharia principles.
Regulatory Oversight and Security
MetaTrader 4 has a smaller selection, as it does not support share trading. ActivTrader covers the most popular asset classes available as CFDs, including popular indices, forex pairs, ETFs, commodities, bonds, and cryptocurrencies, across its platform and account types. In recognition of the needs of traders who follow Sharia principles, ActivTrades offers an Islamic Account. This swap-free account is designed to comply with Islamic finance requirements by eliminating overnight rollover fees and other charges that are considered to be interest-based. Finally, ActivTrades covers the commodities market, offering trading in physical assets such as precious metals, energies, and agricultural products. This market allows traders to take positions on the price movements of key commodities without the complexities of physical delivery.
How Much Are Trading Fees With ActivTrades?
All BrokerNotes content is researched, fact-checked, and edited by the research team. ActivTrades was founded in 2001 and has grown into a recognized broker primarily serving the U.K. While it is not publicly traded, it holds regulatory approval from the Financial Conduct Authority (FCA), a highly regarded U.K.
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- However, different regions might have variations in available instruments due to local regulatory restrictions.
- Given its numerous registrations and licenses, it is unsurprising ActivTrades upholds high levels of security, transparency, and regulatory compliance.
- However, some people may find that the lack of copy trading and the inactivity fines are deal-breakers.
- Although continually updated, the information here may differ from what appears on the providers’ sites.
A 0.3% currency conversion fee is charged on all transactions carried out in currencies other than the base currency of your trading account. The company doesn’t charge any fees on deposits except for payments made via cards. Funds transferred via cards attract 1.5% charges of the transactional amount. However, clients based in the UK and Europe incur a 0.5% fee on card payments. Moreover, a fixed charge of 9 GBP is also applicable on withdrawals via bank transfers. ActivTrades isn’t as extensive as assets offered by top-rated brokerage firms.
Deposit and Withdrawals
However, a 0.5% currency conversion fee applies for non-base currency transactions, and under rare conditions, third-party fees may be passed on. ActivTrades delivers an expansive and versatile market selection ideal for diversified trading. While regional activtrades review restrictions apply to assets like crypto, the platform’s broad CFD offering across Forex, equities, bonds, and commodities makes it a one-stop solution for global market exposure. Yes, MT5 is accessible on desktop, mobile (smartphones and tablets), and via a web platform with no download required. ActivTrades ensures a seamless trading experience across all platforms with fast execution and cloud-powered stability. ActivTrades prioritizes client fund safety by employing robust security measures, segregated accounts, and enhanced insurance coverage up to $1,000,000.
Bank transfers in US dollars are the sole exception to this rule as they incur a $12.50 fee at the EU-facing version of the website. Requesting a bank transfer withdrawal under the Bahamas and Mauritius entities will cost you £9. Cryptocurrency traders face a modest selection of 15 digital coins, including BTC, BCH, ADA, ETH, DOT, XRP, LTC, DOGE, SOL, XLM, and UNI. These are tradable against the US dollar through contracts for difference, sparing you the hassles of setting up a crypto wallet.
ActivTrader: My Key Takeaways
- Once all documents are uploaded, the verification and review process usually takes up to one business day, though it can be longer during peak account opening periods.
- There is no set minimum deposit for most regions, making it accessible for all traders.
- The features on ActivTrades include progressive trailing stop that helps protect client profits.
- At the forefront of ActivTrades’ offering is its proprietary ActivTrader platform.
- During my testing of the broker’s offering and platforms, I found ActivTrades to be a well-rounded option with some unexpected unique features that boosted my overall opinion.
ActivTrades offers several account types designed to meet the needs of different types of traders. ActivTrades provides access to cryptocurrency trading, including major coins like Bitcoin, Ethereum, and Litecoin. Crypto trading is available via CFDs, allowing traders to speculate on price movements without having to own the actual digital currencies. There is no minimum or maximum threshold set by the broker amid withdrawals.
Broker Comparison
However, it is always nice to learn from traders with years of experience. The head office for this broker is at The Loom 2.5, 14 Gower’s Walk, London, E1 8PY. The company also has offices in Luxembourg, the Bahamas, Italy and Bulgaria. It is always great to trade with brokers that have several physical offices. Moreover, there are unique add-ons to allow you to adapt to changing market conditions with advanced charting and order options. Moreover, clients’ funds are separate from the company’s capital and everything is audited regularly to eliminate the risk of fraud.
This depends on the market prices, so some investors might be unsure of what they’ll eventually have to pay. Since this is a global platform, more traders would be interested in diversifying their portfolios to limit their risk. So, it’s more of a point for improvement rather than a disadvantage in my opinion. If you’re interested in strategies like high-frequency trading, fast execution becomes critical. Delays can severely impact your profitability, as a small lag can lead to missed opportunities or unfavorable prices.
However, keep in mind you will not be charged if your inactive account lacks sufficient funds. As the table above shows, ActivTrades’ spreads outperform those of its closest competitors. Some of the featured brokers offer commission-based accounts where overall trading expenses are lower due to significantly reduced spreads. However, we have compared the costs across standard accounts since ActivTrades does not charge commissions when it comes to forex trading. Customers with professional accounts can additionally participate in the broker’s cashback program and earn referral bonuses for every new client they introduce to ActivTrades.
Is ActivTrades a market maker?
ActivTrades provides a diverse range of trading platforms designed to cater to traders of all experience levels and strategies. The broker is regulated by top-tier authorities such as the FCA and is known for its diverse range of trading instruments, robust execution speeds, and comprehensive client protection measures. ActivTrades stands out as a robust, well-regulated forex and CFD broker, offering a wide range of tools and services to both beginner and advanced traders. With its secure and user-friendly platforms, comprehensive educational resources, and responsive customer support, ActivTrades is a solid choice for traders worldwide.
This is valid for a 30-day trial period and this broker is one of the few where you can access a 72-hour demo account with no registration at all. I consider ActivTrades is an excellent choice for day traders of all experience levels, and a solid option for those looking to engage in spread betting. On the downside, spreads on some popular instruments are high, and there is no raw spread account and copy trading solutions. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.
