Moreover, there are no interactive courses to help teach beginner traders how to navigate the trading world. Support is available 24/5, which means that you won’t get the help you need on the weekends. Moreover, some clients reported receiving inconsistent help that left them confused after reaching a representative. As a result, your safety net changes to better reflect the trading environment with every order you place.
I would say the different trading assets and account type is something I definitely admire about the brand. Yes, ActivTrades is good for beginners due to its user-friendly interface, comprehensive educational materials, and customer support. ActivTrades offers a variety of methods for account funding and withdrawal, most of which are commission-free. This allows flexibility in your trading strategies and the ability to adapt maximally to the market.
- The broker’s UK division, ActivTrades Plc, obtained authorization from the British regulator in July 2009 and has suffered disciplinary action only once in the past 16 years.
- All the mobile applications are accessible for iOS and Android users and are available in the Apple App Store and the Google Play Store.
- The available instruments in ActivTrader and MetaTrader 4/MetaTrader 5 are the same, except for about shares that are only available in ActivTrader.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Mobile trading apps
Swap rates are either positive or negative, largely depending on position direction (long or short). Negative swaps apply when the currencies you are buying have lower interest rates than those you are selling, whereby you pay interest. As a truly global online broker, ActivTrades holds licenses from 5 different regulators. The company onboards customers from the United Kingdom with a license granted by the Financial Conduct Authority (FCA), one of the strictest watchdogs in the world. The broker’s UK division, ActivTrades Plc, obtained authorization from the British regulator in July 2009 and has suffered disciplinary action only once in the past 16 years.
Each year, we collect thousands of data points and publish tens of thousands of words of research. However, while there is no set minimum, some payment methods may require a minimum deposit based on the service provider’s policies. ActivTrades charges rollover fees, also known as swaps, for positions held overnight.
Which Account Types Are Unavailable at ActivTrades
- On the other hand, the offshore entity of ActivTrades is subject to less regulatory oversight.
- The ActivTrades cashback program offers traders the opportunity to receive bonuses for each completed transaction.
- Client funds are ring-fenced from the broker’s operational capital and kept in segregated accounts at tier-one banks like Barclays, Lloyd’s, Citibank, and RBS.
- We aim to provide the most complete and objective information to help you make an informed decision.
Once users are up to speed on a demo account, they can easily switch to a live version. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. I am mainly about webinars, because Paul Wallace is an expert whose webinars you wanna visit over and over again 🙂 I didn't check seminars and they are seemingly published not so often, but anyway. Throughout times, I've noticed positive influence of activtrades forex broker education provided by activtrades on my skills and size of my wallet, huh. 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. Another important feature is the broker’s ability to offer competitive leverage on certain instruments, which enhances trading flexibility.
Opening a live account with ActivTrades involves a simple process to get started with real-money trading. To begin, visit the ActivTrades website and click on the “Start Trading Now” button. You will need to fill out an online application form, providing personal information such as your name, contact details, country of residence, and financial background. Additionally, the platform offers advanced charting tools with customizable layouts, ensuring traders can analyze and act on market movements with precision.
Deposits made with credit or debit cards from outside the UK and EEA are subject to a 1.5% charge. Withdrawals are normally free, although non-SEPA or CHAPS bank transfers may be charged, and USD bank transactions may be subject to a cost. You can fund your ActivTrades account with various base currencies, including USD, EUR, GBP, SEK, and CHF. This account bracket also includes the benefit of having an assigned account manager and perks such as rewards schemes for significant trading volumes and referral programs.
While the ActivTrades Professional account has the added benefit of higher leverage and incentives, it also comes with the additional risk of not following the guidelines set by ESMA. In the event of a dispute with the broker, clients could face serious issues if they approach the regulator for grievance redressal. Activtrades.com has offices in multiple countries, and the broker is regulated by various agencies in the countries of operation.
ActivTrades Additional Fees
Market execution is available to clients trading through MT5, MT4, and ActivTrader. Here are several key facts about the order execution quality at ActivTrades. As previously explained, ActivTrades is the sole execution venue for customer trades, acting as a counterparty and dealing on its own account. The broker sources and compares prices across multiple liquidity providers to deliver the best quotes possible to customers. The company’s order execution statement additionally reveals that ActivTrades relies on its liquidity providers for hedging as a means of reducing its risk exposure.
MetaTrader 4 (MT
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive. It is important to remember that the analytics provided by the broker are an additional tool for traders and do not guarantee success in trading. Using the provided analytical materials and tools in conjunction with your market analysis and trading strategies is strongly recommended. ActivTrades offers its clients tight spreads, starting from 0.5 pips for the EUR/USD pair. ActivTrades is a leading online broker recognized globally for its CFD offerings in forex, commodities, shares, and spread betting. In its pursuit of continued excellence, ActiveTrades has collected numerous awards, certifications, and recognitions along the way.
ActivTrader is the browser-based proprietary platform of the broker that requires no additional software downloads on desktop. The absence of a strategy tester is among the very few shortcomings of ActivTrader. Here is what makes this intuitive proprietary platform stand out from the crowd. ActivTrades is renowned for its attractive pricing structure, where trading expenses result solely from spreads and swap rates for overnight positions. According to the broker’s order execution statement, ActivTrades acts as a counterparty and deals on its own account. The broker sources liquidity from third-party providers to determine its price quotes and manage risk.
ActivTrades Instruments: My Key Takeaways
ActivTrades does not impose a minimum deposit requirement for opening an account, allowing traders to fund their accounts with any amount they choose. This flexibility makes it accessible for both beginner and experienced traders. This extensive range ensures that traders of all levels and preferences can diversify their portfolios and find instruments that align with their goals. However, the range of available instruments may vary depending on the entity or region, with different offerings for clients in the UK, Europe, and other international markets.
There is no minimum deposit, and the trading account can be opened in US dollars, euros, British pounds sterling, or Swiss francs. ActivTrades enables onboarding customers to test the waters risk-free by opening demo accounts that closely replicate conditions in the live trading environment. The accounts are suitable for beginner and seasoned traders, allowing them to acquaint themselves with the software and test new strategies without limitations. Setting up a demo account is hassle-free, as you must select your preferred platform, base currency, virtual balance, and leverage ratio. With an impressive array of tradable instruments, innovative tools, and an unwavering commitment to client support, ActivTrades emerges as a potent contender among the best online brokerages.