Some of our top trending blogs include basic forex terms you should know before trading and learn how to read forex charts like a pro. Support is available 24/5, which means that you won’t get the help you need on the weekends. Waiting a few days to get a response could mark your end as a trader. Moreover, some clients reported receiving inconsistent help that left them confused after reaching a representative. But you’ll have to apply for a Pro account, and a representative will study your activtrades forex broker application to see if you’re eligible for one. The quicker the trade is processed, the more likely you’ll get the expected price.
This review will discuss how to open an account with eToro, regulations, online trading fees, spreads, leverage, verification process, safety measures and deposit & withdrawal methods. Unfortunately, ActivTrades is not as popular amongst clients on Forexpeacearmy as it is on the Trustpilot. Although Forexpeacearmy’s community seems to have favoured the company, still 40% of clients hold negative feedback about it.
“Broker ActivTrades Buena elección para Copy Trading”
It makes it convenient for clients to manage their positions anytime. This platform allows users to enjoy optimized charting options, improved backtesting features, and access to trading assets beyond forex. The account features cutting-edge tools and indicators investors use worldwide. It allows users to test their strategies under real-market conditions without any restrictions, allowing for a seamless transition from testing to actual trading. Although all trading involves some risk, ActivTrades minimizes it as it’s regulated by top-tier authorities.
Trading Platforms
The company seems to be a decent option for everyone, and its clients praise it. I am just looking for a broker to trade, and I think it will be ActivTrades. The FCA regulated entity offers a professional account upgrade. ActivTrades maintains an acceptable asset selection, suitable for most retail traders. Founded in 2001, ActiveTrades today holds regulatory licenses across the EU, the UK, Brazil, Mauritius, and the Bahamas, and has executed over 500 million trades for over 100,000 customers.
Additionally, the company provides 24/5 customer support in multiple languages. Moreover, clients can also connect with the broker on social trading platforms. After 741 online customer reviews, the broker secured a rating of 4.3 out of 5 stars on Trustpilot. Other products and services include referral bonuses and cash rebates. Each section of this ActivTrades review will go into more detail about the broker’s offerings.
- All fees are built into spreads, so they differ according to what you’re trading.
- Traders without existing trading solutions developed in the MT4 infrastructure may find ActivTrader, the proprietary trading platform offered by this broker, visually appealing.
- Webinars discuss more advanced topics and may be accessed from the website.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- I attended a couple of them so far, and I learned valuable lessons.
All mobile apps are available for iOS (via Apple’s App Store) and Android (via the Google Play Store). Overall, I found that ActivTrade’s spreads are slightly better than the industry average but not as good as the best low-cost forex brokers. Though ActivTrades is a well-known forex and CFD brokerage firm, it seems to be a less debated broker on Reddit.
Forex Risk Disclaimer
It offers competitive spreads starting at 0.5 pips, and there’s no inactivity fee. However, beware of those currency conversion fees as they will affect your withdrawals. ActivTrades offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution. ActivTrades offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire, Neteller, BTC. This limitation may restrict flexibility for users, making ActivTrades less competitive for those seeking diverse payment options.
What are the spreads for EUR/USD with ActivTrades?
But, they should meet two out of the three requirements given below. A spread is a difference between a currency’s “bid and ask” price. 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.
Trading Fees and Spread
- Unlike Reddit, the Quora community seemed to be fully supporting the broker.
- All that said, commissions and fees at ActivTrades will largely depend on the assets you trade and the availability of individual assets will vary depending on the platform you use.
- Effectively using leverage increases your market exposure but comes with a considerable risk of loss.
However, these articles are a bit disorganized and could use some refresh. ActivTrades keeps investment funds separate from company capital with reputable financial institutions. PwC also regularly audits the company and is MiFID compliant to secure operations in European markets.
This broker is regulated in and compliant with two regulators and, therefore, a legit broker. Weekly market outlooks from ActivTrader’s research team, focusing on timely topics. He is a forex industry expert and an active fintech and crypto researcher.
Innovative Trading Tools
For me, the author’s platform ActivTrades is more suitable for transactions with exchange products. But for real trading with ActivTrades, you need to deposit at least $500 on your balance. I am not yet ready for such investments, but I do not exclude the possibility of cooperation with this broker in the future. ActivTrades has been in operation since 2001 and provides superior protection of its client funds up to £/$1,000,000. The pricing structure and asset selection are acceptable, though the Bahamas subsidiary provides a far superior trading environment than the UK one. New traders are provided with an outstanding educational division, while in-house research is below average.
ActivTrades is regulated by top-tier bodies in various jurisdictions. Knowing that your money is safe guarantees your peace of mind, as it offers protection against negative balances and special insurance to cover all your losses at no additional cost. When trading, having a reliable customer support department to answer all your queries and help you in emergencies is everything.
Best Forex Brokers
This covers your job history, income, trading experience, and investment goals. To meet regulatory standards, take a quick quiz to check your comprehension of trading and its hazards. Since this is a global platform, more traders would be interested in diversifying their portfolios to limit their risk. So, it’s more of a point for improvement rather than a disadvantage in my opinion. This broker incorporates TradingView for a comprehensive analysis of the market to allow you to better understand the trading environment and adjust your strategy accordingly.
When I was trading on the forex market, I noticed how spreads became wider than usual when there was immense volatility. I think they should fix that because I suppose they’re working with top-notch liquidity providers. Enter your preferred deposit amount and finish the authorization procedure. Like card payments, e-wallet deposits are often credited to your trading account immediately.
To claim your reward, you need to make sure that your referral signup with the broker using your referral link. They must also fund their accounts completing a specific trading volume. Clients can fund their accounts using Debit cards, Credit Cards, Skrill, Sofort, Neteller, Paypal, and bank transfers.
