According to members on Quora, the firm is one of the most legit forex brokers available. However, it requires KYC verification before you can start trading. Traders might choose between different account types depending on their selected entity. The company supports multiple payment methods for account funding and withdrawals.
MetaTrader 4 and MetaTrader 5
The risk management at ActivTrades is offered through Negative balance protection, and Guaranteed stop loss (GSLs). In addition to supporting all basic and advanced order types, the mobile app charting features are comprehensive. Above all, one-click trading straight from the charting options is available. It makes it convenient for clients to manage their positions anytime. The global nature of trade, commerce, and finance has led to the development of the forex market into one of the largest and most liquid asset markets. ActivTrades allows forex trading with 40+ currency pairs, including majors, minor and exotic pairs.
- It is common for brokers to ask about investing experience so they can tailor their products to you appropriately.
- The rich charting feature accompanies 80+ technical indicators and 40+ drawing tools.
- ActivTrades provides both its custom-built platform “ActivTrader”, and the most renowned MetaTrader platforms.
- Other than credit and debit card payments, for which the fees are 1.5% (except the first deposit, which is free), the deposit options are free.
Where Can I Keep Up-To-Date With The ActivTrades Markets?
MetaTrader 4 guides on topics like account setting and price alert configuration. ActivTrades provides its customers with the option to choose between two different account types. The company charges a commission of up to 0.10% of the transaction value on trading stocks.
Other Products and Services at ActivTrades
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. ActivTrades operates across five entities with varying levels of regulatory oversight. However, its Bahamas entity provides limited safeguards which reduced the trust score. Overall, with its high level of transparency and 20-year track record, ActivTrades stands out as an above-average performer in trustworthiness.
How to choose the right broker?
The company also publishes articles providing analysis of current market news. Additionally, all account representatives are trained and encouraged to take an exam. While a UK phone number is not available, there is an English support desk. ActivTrades has a comprehensive education section, which includes the option of one-to-one training, as well as webinars. Content is often free and covers topics like trading with candlesticks and an introduction to risk management. If you miss a particular webinar in the schedule, there is an archive section where you can easily catch up.
On ActivTrades, 24h support center is available through Live chat and email with an average of an amazing 27 min response, which is definitely good for you as a trader. ActivTrades Europe SA, Public Limited Company, is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. ActivTrades Europe SA is a company registered in Luxembourg, registration number B232167.
Choice of platforms
There is no minimum or maximum threshold set by the broker amid withdrawals. All withdrawals are processed within the same day, including bank transfers. However, delays may occur due to factors beyond the company’s control. Keeping in line with the monetary principles of Sharia law, this account type is essentially the same as a standard checking account.
In order to provide a conclusive and comprehensive assessment, we can say that ActivTrades is, in the end, a good broker, highly regarded by industry experts. It is, in fact, a broker with all of the necessary licenses to operate in Europe, as well as additional protections beyond those already provided by European law. If some of activtrades forex broker the features of ActivTrades appear to be unconvincing and unsuitable for your needs, eToro can be a good alternative. The company has opened several offices around the world over the years, including in Italy, Bulgaria, and the Bahamas. Those investing from Italy and Europe, however, will not be able to use the Bahamas office.
It also lets you create a personal watchlist to keep track of the financial instruments you’re most interested in. Furthermore, each product is linked to the prevailing market sentiment. ActivTrades has a good technological system and provides its clients with a variety of trading platforms.
As with any significant financial decision, embarking on a trading journey with ActivTrades should be backed by rigorous personal research. Gauge your unique trading goal, strategy, and risk appetite against what the broker presents. After all, aligning a trader’s ambition with a broker’s offerings crafts the blueprint for trading success.
The same I did and nowadays I managed to reach consistent income. Sometimes I make mistakes, but point me at those who don’t make them. The profit you make on the https://forexbroker-listing.com/ financial markets is inextricably linked to your investment choices. On the ActivTrades platform, most traders make money by speculating on asset price changes.
The company charges $10 per month if your account remains inactive for one year. As the saying goes, ‘You get what you pay for’ and this applies in the case of ActivTrades. Fees are not the lowest available, but the company has invested in providing reliable customer support, a unique proprietary platform, and high-quality research and educational materials. Again, this is a good range of available methods and processing times for withdrawals are faster than average for the industry. Clients should be conscious of the relatively modest withdrawal fee via bank wire.
However, it doesn’t involve any additional fees or interest on overnight positions. Clients can trade their preferred tradable instruments without compromising their religious beliefs. The rich charting feature accompanies 80+ technical indicators and 40+ drawing tools. The desktop trading platform has a sleek design making it equally suitable for novice and skilled traders.
Clients should expect to incur both trading and non-trading fees when signing up with ActivTrades. The fees at ActivTrades appear to be in line with market standards. Nonetheless, spreads can change based on your selected financial instruments. The next step is to sign-up for a live account (or an Islamic account).
Low spreads, good customer support and a wealth of educational content make this an excellent broker for beginners and veterans alike. Details of overnight swap rates can be found in real-time within the ActivTrades investment platforms. These charges are not applied to index and commodity instruments. An inactivity fee of £10 per month will kick in for any accounts with a remaining balance not used for over a year. Share CFDs are fee-free for unleveraged positions, though investors trading on margin will incur a 0.1% commission (£1 minimum) for assets listed on London exchanges. American equities cost $0.02 per share, with a minimum $1 charge and European stock CFDs cost from 0.01% per unit, with a minimum of €1.
However, clients opting for a new investor profile can enjoy commission-free trading. Investment in bonds refers to a debt instrument representing a loan to the issuer. Traders speculate on the prices of the bonds to benefit from the change in their prices besides enjoying the low-risk exposure. Commodity trading refers to speculating on the prices of metals, energy, and cereals. There are 13+ commodities available that clients can trade at ActivTrades.