We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. ActivTrades boasts a robust customer support system, marked by its responsive nature and multi-channel outreach. ActivTrades charges an inactivity fee after an account has remained dormant for a stipulated period, encouraging active trading or ultimate account closure.
As is the case with deposits, currency conversion is accompanied by a 0.5% fee. 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. The broker does not exclude them from negative balance protection and investor compensation, a rarity in the industry.
Understanding the Regulatory Protections of Your Account
- The company has greatly expanded its operations since launching in 2001 and currently reaches over 100,000 customers from 170 countries, including the UK, Germany, Italy, Brazil, Portugal, Australia, and China.
- This efficient, transparent process is designed to ensure that traders can start trading with minimal delay while meeting all regulatory requirements for security and compliance.
- Despite these minor drawbacks, the fee structure is appealing to traders due to its overall affordability and transparency.
- RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry.
ActivTrades charges rollover fees, also known as swaps, for positions held overnight. These fees are determined by the difference in interest rates between the currencies involved in a trade and can either be credited or debited to the trader’s account. In 2005, the company moved its headquarters to London and expanded its market range by introducing CFD products for indices and commodities. It experienced rapid growth across Europe, becoming a market leader in Italy, Germany, and France, followed by further expansion into Australia, South America, Russia, Southeast Asia, and the Middle East. It is regulated by the Financial Conduct Authority (FCA) in the UK and CONSOB in Italy, ensuring compliance with stringent financial standards and regulations.
Trading Conditions
However, the time it takes for funds to reach your account can depend on the method used. ActivTrades’ 24/5 support, combined with multiple contact channels and a user-friendly help centre, ensures traders can rely on timely assistance whenever needed. ActivTrades requires a minimum deposit of $250, which means you can start trading on the platform right away. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. 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.
Account Types
- The MobileTrader App combines convenience with functionality, ensuring traders never miss a market opportunity.
- From what I’ve talked with support, also professional and not just ai generated at least.
- With responsive customer support available to assist with questions, ActivTrades creates a supportive environment for novice traders.
- For the pc, I can trade with Tradingview and their own app from my phone, they got all the features I need.
The best way to close your account is to send an e-mail to activtrades review the e-mail that you signed up with. I would say the different trading assets and account type is something I definitely admire about the brand. Gottay admit that everything is pretty good and most of all I liked the activtrader platform. It has a simple navigation and ActivTrades somehow implemented the TradingView’s user interface on the platform.
FP Markets Review
This allows traders to benefit from diversified exposure to various sectors or regions without incurring additional commission fees. When trading shares via CFDs, the cost is primarily embedded in the spread rather than through separate commissions. Although the exact spread can vary depending on the underlying stock and market conditions, ActivTrades ensures transparent pricing with no hidden charges, allowing traders to focus on price movements. Literally anything here speaks decency, and even if this thing is not the best of quality, but still it’s decent and working. This is not something that has been created yesterday, it’s never raw – it has been refiren and improved for many years. When I am trading forex I am not fully done like ever, I am always cautious, but with stocks, I can chill and work.
It features competitive spreads on some instruments (share CFDs, major FX pairs, etc.) and robust market research in the form of Trading Central content. The brokerage is prominently known for its forex trading capabilities, with a vast array of currency pairs available for trading, from major to exotic. In the realm of commodities, traders can access and invest in various products, including metals and energies, to diversify their portfolios. The broker offers a range of educational resources including live webinars and seminars, where experts share insights on trading strategies, market analysis, and risk management. The App is packed with essential features like real-time price tracking, one-click trading, and customizable charts. Additionally, advanced tools such as risk management features, price alerts, and technical indicators make it easy to analyze markets and execute strategies from virtually anywhere.
If you’ve connected your ActivTrades account to TradingView, you’ll also have access to the full range of share CFDs there. ActivTrades offers its clients a solid range of currency pairs, with more than 50 Forex pairs available across all supported platforms. Major, minor, and exotic pairs are all included, allowing ActivTrades customers to place orders with zero commission. ActivTrades offers the ability to trade shares and exchange-traded funds (ETFs) from some of the world’s leading stock markets, including the NYSE, NASDAQ, and London Stock Exchange. These are available as CFDs, meaning traders can speculate on price movements without owning the underlying asset. ActivTrades offers reliable and accessible customer support available 24/5 to assist with any trading-related enquiries.
“ActivTrades combines sophisticated technology with exceptional client support, making it ideal for traders looking to optimize their portfolios,” remarks renowned trading analyst Andrew Borysenko. This focus on client education and user experience reflects the broker’s commitment to empowering its clients. ActivTrades offers fully functional mobile applications that mirror the capabilities of their desktop platforms. Whether using the proprietary ActivTrader app or accessing MT4/MT5 on mobile devices, clients can monitor markets, execute trades, and manage their portfolios on the go. The mobile platforms are optimized for speed and reliability, ensuring that traders can remain connected and responsive even when away from their computers.
For over a decade, DailyForex has been the trusted Forex broker authority, establishing an unrivalled reputation for rigorous research and journalistic integrity. With a methodology refined through years of industry experience, we empower traders to make informed decisions, which is particularly important when trading high-risk investments such as penny stocks. Discover more about our comprehensive review process and how we maintain transparency and impartiality here.
For instance, push notifications help traders maintain vigilance by promptly updating them on market volatilities or account fluctuations. The platform also has trend exploration tools that grant users a lens to discern emerging market trajectories and understand the overall market direction. ActivTrades does not impose withdrawal fees, ensuring traders can access their funds without additional charges. Utilizing a spread-only model for specific accounts, ActivTrades allows traders to engage in forex and CFD trading without additional trading fees. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.
This integration lets you conduct in-depth technical analysis with TradingView’s advanced charts and hundreds of indicators while executing trades through your ActivTrades account. All fees are built into the spread, eliminating the need for separate commissions. For example, the EUR/USD spread has a target of 0.5 pips but typically fluctuates around 1 pip. For other assets like commodities and ETFs, spreads tend to be favorable (around 1.5 pips) compared to industry standards. Funding and withdrawing options at ActivTrades are fast, convenient, and low-cost (now there’s no minimum deposit), albeit slightly restrictive compared to other brokers. In some cases, geopolitical factors, such as economic sanctions or political instability, may also prevent ActivTrades from operating in certain regions.
