The broker has a market blog and data to enable investors to analyse the financial state of the economy. Economic calendars are another useful tool to identify upcoming market events that could cause a shift in the price of an asset. Details of overnight swap rates can be found in real-time within the ActivTrades investment platforms.
Do not Affiliate with this company!
Unlike Reddit, the Quora community seemed to be fully supporting the broker. While answering a query raised by a user on Quora concerning the legit status of the company, many people reacted to it and cast their votes in favour of the company. According to members on Quora, the firm is one of the most legit forex brokers available. People have appraised the firm for its multiple features and services, including easy-to-use trading platforms, low deposit requirements, flexible account types, and efficient customer support. However, it requires KYC verification before you can start trading. Traders might choose between different account types depending on their selected entity.
Does ActivTrades provide VPS?
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based https://forexbroker-listing.com/ on our findings. We aim to help you find the best broker according to your own needs. You can trade forex with over 50+ major, minor and exotic forex currency pairs with spread starting from just 0.5 pips.
- By opening several positions in the same contract, positions will be consolidated, this allows for a clear “First in First out” netting of open positions.
- The enhanced platform utilises some of the latest innovative technologies and has advanced functionality to create an immersive trading experience for you regardless of your previous experience.
- They take it seriously, and they carry out the withdrawals fast.
- One of the main advantages of the web version is that it is always up to date and does not require you to download or install any software.
ActivTrades Account Types and Their Benefits
There is no minimum deposit limit so one can trade with as little as ten dollars, if they please. It makes trading very affordable as there are no commissions as well.And the broker has a very good reputation because many traders leave reviews of the broker and they are very positive. With the ECN trade execution policy, the broker offers fast trade execution to reduce slippage issues. The company keeps clients’ funds in segregated bank accounts and employs SSL encryption. In addition to this, it also offers two-step authentication to protect users’ confidential data.
What’s their deal with order execution accuracy on the platform? is it ok?
However, you always have the option to sign up for a new demo account using a new email ID. ActivTrades offers risk management through negative balance protection and guaranteed stop-loss features. Though GSLs are only available to clients registered with the French entity. It is also a member of the Funds Services Compensation Scheme (FSCS).
Probably the best platform I have ever traded on.If they improved their trading condition a bit, in terms of more account types, this broker would be even more attractive. It knows how to stay modern even knowing they have a very rich history in the field. One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. At ActivTrades, funds can be deposited and withdrawn using a wide range of methods including bank transfer, credit/debit cards, digital wallets, online payment systems, and crypto.
Trading Instruments Comparison
The company offers excellent research and educational resources. For communication, the broker provides multilingual customer support round the activ trades review clock five days a week. Overall, the broker seems to be a competitive choice for those looking for a safe broker that offers value for money.
The ActivTrader, MT4 and MT5 platforms are all available for mobile trading. The applications allow for complete account management and price analysis from your mobile or tablet device. In addition, payments, bonuses and customer support are all available. Spread betting is available on thousands of underlying assets, including forex, indices, ETFs, commodities, bonds and LSE shares. New traders can get started in 4 easy steps, multiply their returns with leverage and pay zero capital gains or stamp duty tax. CFDs are available on hundreds of markets including forex, indices, shares and commodities.
A spread is a difference between a tradable asset’s ask and the bid price. ActivTrades spreads are comparable to average market standards. See the table below for information on minimum spreads for currencies and commodities. Generally, the registration and verification process is swift and can often be wrapped up within 24 hours. Notably, ActivTrades doesn’t impose a mandatory initial deposit, making the account initiation phase more accessible to aspiring traders.
Processing times are relatively fast for the industry, but in some cases, there are fees for both deposits and withdrawals. ActivTrades provides 24/5 customer support via live chat, phone, and email. I made dozens of inquiries over two weeks and had a positive experience overall. I found that all mediums were reliable and relatively fast to respond. I rate ActivTrades customer support as better than the industry average.
With MetaTrader5 you will find updated, extended characteristics, bringing online trading to the deepest level. The platform enables to trade of more markets like shares and ETFs, more than 450 CFDs on stocks with wide characteristics and availability to auto trade, with integrated trading statements. 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.
The next step is to sign-up for a live account (or an Islamic account). 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 common for brokers to ask about investing experience so they can tailor their products to you appropriately.
In saying that, most brokers have a swap-free account nowadays, including CAPEX. Cryptocurrency is an online digital currency that is made of complex mathematical algorithms and decentralised. If you are a trading in a jurisdiction where it is allowed, you can have access to trade cryptos including Bitcoin and Ethereum. ActivTrades have a great choice of commodity contract for differences (CFDs) including metals, energies, grains and softs. They are flexible with the minimum trading size and have spreads starting from as little as 0.005 points on gas when trading commodities. The foreign exchange (forex) market is the largest in the world in terms of trading volume, with a daily average of more than $5 trillion traded.