ActivTrades offers modules of the most advanced technical analysis tools that are available on the platforms that you can use in trading with them as your broker. It aims to give clients a thorough understanding of how the market’s volatility and trends affect their trades. Also, together with charting, it gives traders an edge to indicate which or what movements should be taken next. ActivTrades offers a demo account where users can test their skills with £10,000 in virtual funds. All three platforms are available in the paper trading environment. However, with the MT5 solution, market data on CFD shares are shown with a 15-minute delay.
ActivTrades Platform features and benefits:
With timeframes, MT4 features only 9, while MT5 features 21. Both MT4 and MT5 margin applied on hedged Forex positions is 10%. The broker also charges swap rate fees for positions held overnight, further details of which can be found on the company website.
What is the minimum deposit?
The company is focused on different regions and has a wide audience of users from various countries. Affiliate programs allow private traders to receive bonuses and institutional investors to improve the quality of their services. Overall, ActivTrades adheres to all regulating rules in order to offer customers a positive trading environment and keep customer funds safe. Its cashback programs on live accounts and sign-up bonuses for first-time customers are a great attraction for all traders.
Should you buy your silver bullets on ActivTrades?
This helps protect investors should the company become insolvent. The broker has also purchased its own insurance to cover client funds up to $1m, although the excess is $10,000, so only funds between $10,000 and $1m are covered in such an event. The firm is also a member of the Financial Services Compensation Scheme. It has been a delightful switch from my former broker to activtrades. I most especially like that the single account available caters to most of the needs of traders leaving very little room for wanting.
ActivTrades risk management
It is a UK-based company, with the address of its HQ office situated in London, and it has won the award for ‘Best Forex Broker UK’ (Le Fonti IAIR Awards), among other accolades. The broker also has offices elsewhere in Europe and the Bahamas. Customers can be reassured that this broker is regulated by multiple reputable bodies, including the UK’s FCA.
The most important of them is requotes when opening a trade order. It often happens that an order cannot be opened at a normal price. It’s a big help for us, it’s a time and resource saver, that’s for sure. ActivTrades does not charge commissions on forex trading and CFDs. 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.
- ActivTrades has excellent customer support should investors have any technical issues, such as withdrawal problems or a platform connectivity error.
- While seasoned traders seeking advanced functionalities might find some limitations, the platform’s sheer intuitiveness makes up for its shortfall.
- The registration process is slightly longer for a live account than a demo account as more information is required, such as your National Insurance Number and any previous experience.
- Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
ActivTrades broker reviews and test – How good is the platform?
The registration process is slightly longer for a live account than a demo account as more information is required, such as your National Insurance Number and any previous experience. It is activ trades review common for brokers to ask about investing experience so they can tailor their products to you appropriately. Once signed up and approved, you will be able to login through the platform.
We found it quite satisfying to see such trading conditions with the lowest spreads, and no dealing desk intervention in the trading process. The ActivTrades broker is focused on providing services for clients who are interested in active trading. The company offers favorable conditions for trading currency pairs and a vast array of CFDs. The broker’s clients can execute orders of the marketexecution type. An Islamic (swap-free) account and a free demo account are also available. I respect this broker only fr its reputation.Speaking of trading conditions, then ther are not impressive.
Finally, you have to add some documents (ID or passport, bank statement or utility bill, etc) and a photo for client verification.
Based on our research, deposits or withdrawal requests on ActivTrades platforms can be done from an online Personal Area, which makes the process seamless and easy. The broker allows to choose major currency types like USD, GBP, and EUR, https://forexbroker-listing.com/ however, doesn’t support minor currencies. ActivTrades fees depend on the account type you use but are mainly built into a spread. The broker doesn’t charge commissions for deposit and withdrawal fees and has low non-trading fees.
Trading volume goes high, the leverage automatically goes down, that’s how the mechanism work. In this regard, ActivTrades are prudent, as those assets which are characterized by severe price fluctuations have lower leverage with an aim not making traders succumb to the temptation. At least this was my strategy, I just entered the website, got myself familiarized with the conditions and started trading on the demo. I mainly like everything besides the fact there is no habitual account types system. But it’s ok, there is Pro account with advanced terms.I have something to strive for, so that’s good. ActivTrades offers 24/5 customer support through live chat, email, and telephone in multiple languages.
So despite the selection of account is quite scarce, basically only one for retail traders. I won’t count Professioanl account with its limitations an acc for ordinary people.But with my little to none experience it’s actually good. Cus I have the same trading conditions as seasoned traders have and with no minimum deposit at all.About the trading conditions I think they are excellent. For newbies such tight spreads and no commissions for trading is a must.
The time might not determine whether those prices will be reached and/or can be reached at a certain time. Metatrader 4 and MetaTrader 5 have their own unique qualities and advantages. MT4 has no economic calendar and exposure tab, but MT5 does.
A $12.50 withdrawal fee will be charged by the company is in the case of USD bank transfers. No withdrawal fees are charged for Neteller, PayPal, Skrill, debit and credit card withdrawals. ActivTrades has excellent customer support should investors have any technical issues, such as withdrawal problems or a platform connectivity error. The firm can be contacted via the live chat window on its website, an email request form or directly via phone or email as below.
In addition, the firm offers ActivTrades Prepaid Card, which is provided for free to the clients with no monthly administrative fee, which gives the same benefits of usage as Mastercard. For the Cons, conditions for trading including fees and spreads may vary according to regulation and entity, the instrument range is traded only on FX and CFD basis and support isn’t 24/7. Another disadvantage is that the broker operates an offshore entity and there are limitations on currency types allowing only major currency funding.
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 options for traders of all experience levels and trading styles. Although it offers only one type of account, traders can choose from different platforms, select the currency in which they wish to trade, and add shares to the platform if they wish. Our UK team takes a methodical approach to reviewing online brokers.
If you have a trading account with a broker that is regulated outside of Canada, you will only have access to investor protection if such a scheme is available in your broker’s jurisdiction. I utilize pivot points indicators almost daily, but sometimes I run analysis without using it, you know, on a case-by-case basis. It automatically helps me to set support/resistance levels quicker without any need to bother about it.I additionally use other indicators which aren’t custom, but PP is undoubtedly helpful. So, I should conclude that it depends on your trading style. It is great that high quality of this company’s services is confirmed by various awards.By the way, not only awards but also positive feedback from customers confirm it.
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