ActivTrades Review 2023: 5000 Deposit Trading Tested ️
Traders should verify specifics about currency conversion fees due to variations based on account types and trading activities. ActivTrades does not impose withdrawal fees, ensuring traders can access their funds without additional charges. ActivTrades emerges as a worthy contender for those desiring simplicity and precision in the bustling world of financial brokerages.
A Pillar of Accessibility and Information
ActivTrades’ compliance with all regulatory requirements demonstrates its commitment to maintaining the highest integrity, transparency, and client protection standards. Let’s be honest, I would pay account fees anyways, because it’s Activtrades. Therefore, I can say that after four months from the start of trading I was able to withdraw https://forexbroker-listing.com/ my first profit via PayPal. Now I am passionate about reviewing and comparing forex brokers. We also recommend ActivTrades to all traders, from beginners to advanced traders. To trade Apple Inc CFDs, we had to request the broker to add stock instruments to our account, for which the broker charges a Market Data fee of 1 EUR/month.
Does ActivTrades operate a bank?
However, we encountered a post where a member highlighted a scam broker pretending to be a part of the legit British broker ActivTrades. According to the user, he wanted to create awareness among investors so they may avoid signing up with it. The company seems to have put much effort into the educational area, making it comparable to high industry standards. Still, we believe progress assessment modules should also have been part of the broker’s learning facility. Clients incur no fee on e-wallet deposits and bank transfers. However, they need to pay 1.5% charges on payments made via Credit cards and Debit cards.
Supported Countries
There is a good choice of over 50+ built in technical indicators for conducting chart analysis and spotting potential market moves. You can save templates for using on other charts and scroll activ trades review back over historical data with ease. I like to save my different strategy templates so that I can access them again when needed within needing to load all of the indicators from scratch.
What is the minimum deposit?
For example, UK-based clients can’t trade crypto CFDs amid FCA restrictions. In addition to its solid trading offerings, ActivTrades also provides extensive educational resources and a responsive customer support team. This demonstrates the company’s commitment to helping its clients succeed in their trading endeavors. The point here is that ActivTrades is an excellent option for anyone looking to enter the world of online trading or for those seeking a new trading platform.
ActivTrades Demo Account
With over 1,000 CFDs on forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies, ActivTrades offers a wealth of tradable instruments. ActivTrades does better than a generic MetaTrader broker by offering a well-designed proprietary platform, original research and educational materials, and reliable customer support. Additionally, ActivTrades caters to scalpers and day traders with tight spreads on certain instruments, 1-click trading, and fast order execution.
Customer Service Rating
For this ActivTrades review, we opened a live account and deposited over €5,000. Through these platforms you will be able to trade automatically by creating strategies using the modern MQL4 language. Once the platform is closed, the last settings are saved automatically and reloaded when the platform is accessed the next time. It immediately appears to be a streamlined platform designed for the trader looking for an easy-to-use platform.
Crypto – ActivTrades also offers access to limited cryptocurrency trading, with Bitcoin, Ethereum, Litecoin, and Ripple available to trade as CFDs. What is more, there is no overnight adjustment (the underlying Futures price already accounts for the adjustment). On CFDs, shares commissions are starting from €1 per side, while spread betting on shares is commission free, with 0.10% of the transaction value. Of course, for the beginner traders’ convenience, there is an opportunity to try the platform and generally see the broker’s operation through a Free Demo Account. Respectively, Islamic Account or Swap-Free Accounts are also available for those who comply with Sharia laws. The ActivTrades platform is packed with useful features, like one-click trading and real-time news updates.
Despite its sleek design and innovative features, it lacks price alerts, a news feed, and market research. I performed my tests with an Individual Account, using the ActivTrader platform and mobile app. The account was with the Bahamas entity of ActivTrades (ActivTrades Corp). Some features and services may vary depending on where you reside. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
Opening an account with the broker requires you to follow the steps below. A basket of assets that follows a specific index is called an exchange-traded fund (ETF). ABN AMRO Bank NV, RANDSTAD HOLDING, NN Group NV, and ROY.PHILIPS ELECTR make part of the 60+ ETFs available to trade at ActivTrades. ActivTrades charges an inactivity fee after an account has remained dormant for a stipulated period, encouraging active trading or ultimate account closure. In an era where financial safety is paramount, ActivTrades stands out as a broker that prioritizes trust and security. Its dedication to maintaining an unblemished reputation is evident from its rigorous adherence to regulatory standards and proactive fraud prevention measures.
I was happy to see they support a good amount of funding methods. On top of that, you will have access to some exclusive trading tools which can improve the overall trading experience. For those of you who are beginners, there is a great range of educational materials and free demo accounts. There is a reason they have won multiple awards including for customer service who are prompt and efficient in their responses. I believe they could improve by adding some more account types but that isn’t really a deal breaker considering the individual account conditions are very competitive in any case. If that is the case, Valutrades have a $1 minimum deposit requirement.
However I can assure you that top level brokers all have substantial minimum depo. And it’s done for a specific reason, they don’t rely on beginner traders and their deposits losses. ActivTrades’ customer service team was accommodating and gave us direct and accurate answers to our questions. We first contacted the team via live chat and asked them to approve our request to add extra instruments to our account.
- We were disappointed to see that the minimum deposit at ActivTrades is $500.
- In addition, payments, bonuses and customer support are all available.
- 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.
- Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- You can save templates for using on other charts and scroll back over historical data with ease.
I would like to write a few words about this broker as I have accumulated impressions and I have to tell someone about them.I will start from the very beginning. I understand that these are normal requirements, but nevertheless because of them the service is not very convenient.Trading platform works perfectly. It has many advantages and almost no disadvantages.Order execution quality is excellent. There are no problems with making quick orders.Reliability is one of the main advantages of this company.
ActivTrades trading instruments include 1000+ stocks, 40+ currency pairs, 60+ ETFS, 14+ indices, 13+ commodities, and 5+ bonds. Notably, 20+ crypto are also available to trade on ActivTrades as CFDs. However, the company’s product range varies depending on the selected market and jurisdiction.
The lineup also includes veteran market analysts as guest speakers. ActivTrades provides insightful coverage of market-moving stories and useful previews of the economic landscape for the week ahead. I would also like to see more coverage of breaking news via a newsfeed, which is currently lacking via the ActivTrader platform. In my tests, AcrivTrades’ live chat support usually responded within seconds, and agents got back to me via email within one business day. Due to the spreads plus commissions at ActivTrades, the cost of trading shares and ETFs is relatively high. When trading CFDs on shares and ETFs, ActivTrades charges a commission in addition to the spread, which varies based on the venue.
The Financial Services Compensation Scheme will compensate eligible clients up to £85,000 for an investment firm that has failed. ActivTrades’ processing times are 30 minutes for all deposit methods, apart from a bank transfer, which may take longer, though it is still processed on the same working day. Note that these are the broker’s processing times and that banks and payment providers may have separate delays. We were disappointed to see that the minimum deposit at ActivTrades is $500.