ActivTrades Review: Overview
Founded in Switzerland, ActivTrades has over two decades of experience in the trading and financial landscape. After relocating its headquarter to London in 2005, the broker launched MetaTrader 4 trading platform for its ever-expanding clientele. By 2008, it incorporated CFD trading for commodities, indices and financials. Moreover, in 2009, the company earned a weekly position on CNBC, a renowned American news station, adding a new gem to the crown!
ActivTrades is currently regulated by SCB, FCA, CMVM, BACEN and CSSF authorities. The Negative Protection Balance Policy came into force in 2013, earning the brand additional credits.
On behalf of the trader, the broker trades indices listed on the Dow Jones, FTSE, Euronext, Nasdaq, and other exchanges. The list even includes the US T-Note and the German Bund.
With so many features on your plate, you need a thorough review of ActivTrade’s offerings. Therefore, this ActivTrades Review article is here to equip you with everything you need before you embark on your trading journey.
Quick Glance
Official Website | https://www.activtrades.com/ |
Headquarters | London |
Foundation Year | 2001 |
Regulation | CSSF, FCA, CMVM, SCB, BACEN |
Markets | Forex, Shares, Indices, Cryptocurrencies, Commodities, ETFs, Bonds |
Platforms | MT4, MT5, Activ Trader, TradingView |
Accounts | Professional, Individual, Demo, Islamic |
Inactivity fee | $10/Month |
Supported currencies | EUR, USD, CHF, GBP |
Mobile App | iOS, Android |
Customer Support | 24/5 |
Should You Trade On ActivTrades?
Twenty years of brokerage expertise is the USP of this broker. Moreover, the educational materials and excellent customer service suggest that, regardless of the degree of expertise of the trader, this broker is no doubt a great option.
Furthermore, ActivTrades offers incredibly precise trading, with an average execution time of less than 0.004 seconds and over 93.60% of orders being placed at the intended price. Thus, ActivTrades lowers any chance of negative slippage.
While writing the ActivTrades review, we found that the broker provides different progressive trailing stops, which gives traders more security and sophistication and enables them to make the most out of their transactions.
Here are some other features that why you might consider trading on Click Trades:
- Your platform offers a range of add-ons, like SmartOrder 2, SmartLines, SmartCalculator, SmartTemplate, SmartPlatform, SmartForecast, and more.
- ActivTrades provides its clients with negative balance protection through its Balance Protection Policy.
- The broker provides educational materials like webinars, manuals and interaction with special guests.
- Withdrawing funds is easy via debit/credit card, Neteller, Skrill and Paypal.
ActivTrades Awards and Recognition
ActivTrades has claimed 57 international awards and recognitions. Here are some of the awards and recognition won by ActivTrades:
- Le Fonti for “Best Forex Broker”
- MENA Forex Show for “Most Trusted Forex Broker”
- DKI & Euro am Sonntag for “Best Customer Service”
- Agence IAT Grand Prize Excellence for “Best Execution Broker”
- Agence IAT Grand Prize Excellence for “Best Customer Support”
- ADVFN Intl. Financial Awards for “Best Online Trading Services”
Is ActivTrades A Scam? Let’s Find Out!
ActivTrades PLC (FRN 434413) is authorised and governed by the Financial Conduct Authority (FCA) of the UK. While researching for ActivTrades Review, we learned that FCA has been auditing member businesses and their activity in the financial market.
Moreover, the FCA Customer Protection Policy also includes the Financial Services Compensation Scheme, which makes sure that traders will get compensation of up to £500,000 in case of any breach from the broker’s side.
In 2018, ActivTrades also acquired ISO 27001 certification. For your information, globally, this accreditation is regarded for information security. Not only this, ActivTrades Corp is also regulated by The Securities Commission of the Bahamas (SCB), holding registration number 199667 B.
Moreover, the broker is also regulated by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and The Commissione Nazionale per le Società e la Borsa (CONSOB) of Italy.
With so many regulations and securities, it is clear that the broker is genuine and regulated by globally renowned top-notch regulatory bodies.
How To Open an Account at ActivTrades?
Look, opening an account at ActivTrades is one of the easiest things. The process is entirely online and can be done in a few easy steps:
Step 1: Visit activtrades.com and click “Open an Account”.
Step 2: Choose the account type
Step 3: Fill in your personal details
Step 4: Complete the KYC process and verify your identity
Step 5: Wait for the approval and deposit funds.
Step 6: Start trading!
ActivTrades Review: Pros and Cons
There are both positives and negatives associated with platforms in this industry. Therefore, in this part of our ActivTrades Review, we will analyse the pros and cons of trading with this firm.
Pros | Cons |
Fast deposits via Credit/Debit Card and E-wallets | Unavailable in many countries, including US |
Special ActivTrades Prepaid Mastercard | Processing fees on some withdrawal channels |
No withdrawal charges on various channels | High minimum deposit amount |
Supports major currency pairs | Minor currencies not available |
20+ years of industry expertise | |
Regulated by CONSOB, CSSF, FCA, CMVM, SCB and CVM | |
1000 + CFDs | |
Competitive trading fees | |
24X5 multilingual Customer Support |
ActivTrades Review: Deposits, Withdrawals & Security
According to our ActivTrades Review team, while testing, the transaction requests were easily rectified. The team gave a thumbs-up for quick transactions.
The broker supports major currencies like the USD, GBP, and EUR. However, it does not accept minor currencies.
Deposit Methods
ActivTrades supports various payment channels to fund your account, including bank transfers, credit/debit cards, and E-wallets like Neteller, Skrill, Sofort and Paypal.
While writing the ActivTrades review, we also used ActivTrades Prepaid Mastercard. The best part is, it is levied of any monthly charges and offers a lot of benefits.
Withdrawal Methods
Clients are subject to an additional 0.75% and 1.5% fees for deposits made using credit cards. Moreover, our ActivTrades Review team found no such charges on e-wallet payments and ActivTrades Prepaid Mastercard. However, bank transfers might cost you around $12.50.
Payment Security
ActivTrades provides Safety Net Insurance of up to $1 million for client fund protection. The platform enables a range of special security techniques to ensure the security of servers, transactions, and client trades. Its Encryption technique is a special add-on feature that reinforces protection against negative account balances.
While writing this ActivTrades review, we also tested the broker on various safety parameters. We figured out that user security is further enhanced by a powerful MetaTrader platform feature, added with an extra layer of authentication during the signup process.
Fees Information For Traders
Fees | ActivTrades Fees | Swissquote fees | CMC Markets Fees |
Deposit Fee | No | No | No |
Withdrawal Fee | No | No | No |
Inactivity Fee | Yes | Yes | Yes |
Fee Ranking | Low | Average | Average |
Spreads Information
Our ActivTrades review team evaluated the broker on both UK and US markets. The team categorised various asset classes and found that ActivTrades tolls relatively small spreads for currencies and indices. Here’s what we found.
Instrument | Spreads |
EUR/USD | 1.2 pips – 1.2 pips |
GBP/JPY | 2.3 pips – 2.4 pips |
Gold (XAU/USD) | 36 pips – 41 pips |
Crude Oil | 0.04 pips – 0.05 pips |
Bitcoin | 75 pips – 83 pips |
Germany 40 | 1.9 points – 1.2 points |
Dow Jones 30 | 2.5 basis points – 1.9 basis points |
Swap Fee Information
The swap fee is the cost of maintaining a position overnight for a trader whose position is affected by changing interest rates.
Instrument | Swaps |
EUR/USD | Credit of $0.44 – $0.99 |
GBP/JPY | Credit of $0.95 – $1.78 |
Inactivity Fees
ActivTrades charges a monthly $10 inactivity fee after a year of no trading activity. It is a sign for everyone looking for a trading platform that complies with their high expectations. ActivTrades won’t let you down with its high degree of fee transparency.
Tradable Markets at ActivTrades
The ActivTrades provides an extensive range of tradable assets. It includes
- 50 major currency pairs in the forex market, like EUR/USD, USD/GBP, and various other currency combinations.
- A diverse collection of over 500 stocks and shares from different companies.
- A variety of more than 35 major indices, including Dow Jones, NASDAQ, UK 100, Euronext, and Ger 30.
- 15 commodity CFDs, including silver, gold, and energy.
Leverage Information
While writing the ActivTrades review, we tested various trading tactics on the broker website. The broker offers high leverage while trading currencies. However, the amount of leverage you can access depends upon the equity in your trading account.
Trading Platforms
ActivTrades provides trading on four different platforms: ActivTrader, Trading View, Metatrader 4 and Metatrader 5.
1. ActivTrader
ActivTrader, the broker’s exclusive trading platform, gives you access to trade over 1,000 CFDs in the financial market. This platform also provides a broad variety of features, like advanced and fundamental trailing stops, hedging options, market sentiment data, and comprehensive charting.
2. ActivTrades MT4
One of the most well-known Forex trading platforms in the world, MT4 is an industry-standard. To simplify trading, this platform offers high-end technology, special tools, access to industry experts and many other features.
3. ActivTrades MT5
MT5 is a more recent version of the trading platform. The MetaTrader fifth edition incorporates various new features and indicators to elevate trading to a more precise and professional level. This advanced edition brings all the MT4 functionality while providing access to more than 500 stock CFDs and ETFs.
Trading Tools
The platform provides a wide range of utility extensions to complement trading capabilities and facilitate automation. Let’s check ‘em out!
1. SmartOrder 2
This tool further enhances MT4 and MT5 trading platforms to boost execution speed and position management. The good point is it seamlessly integrates with the platform and supports multi-functional usage.
2. SmartLines
It simplifies MT4 and MT5 trading by automating orders based on trendlines. It also manages multiple charts, preset stop losses, and eventually makes profits.
3. SmartCalculator
ActivTrades gives you access to a smart calculator to manage risk and earn rewards with simulations based on factors like balance, leverage, and position.
4. SmartTemplate
This tool combines technical signals and market trends to indicate potential trades across timeframes.
5. SmartForecast
It fuses chart retracements with trend analysis, giving short and long-term support.
6. SmartPattern
It helps MT4 and MT5 to detect chart patterns, provide trade insights and aid complex technical analysis.
7. Pivot Points Indicator
The pivot points help analyze market shifts with support complimented with resistance levels.
8. Economic Calendar
Trading View-powered economic calendar filters and displays financial news and events, aiding in fundamental analysis.
Education
Activ Trades provides educational webinars, seminars and manuals. This provision also features a Demo account and built-in technical analysis tools. We found that these exclusive add-ons enhance learning and trading experiences.
Account Types
Individual Account
The individual account has access to advanced trading platforms, including ActivTrader and MetaTrader. Moreover, the spreads start at 0.5 pip with a fully automated order routing system, ensuring speed and efficiency.
Professional Account
Professional account holders have access to more authority. However, to be eligible for this account type, you must meet the following conditions:
- There must be extensive trade through the last four quarters.
- A least investment portfolio of $500,000.
- A year of experience in the finance sector.
Demo Accounts
We would recommend you to test your trading skills on a free demo account before opening a real id. This is because Demo accounts are helpful for beginners to familiarise themselves with trading dynamics and techniques. Moreover, the extensive rehearsal period also builds confidence and trading memory.
Islamic Accounts
ActivTrades also offers Islamic swap-free accounts that adhere to Sharia law to cater to customers of the Islamic faith.
ActivTrades Mobile Support
The ActivTrades mobile app is a lighter version of its Desktop variant with the same functionalities. It lets you monitor performance and change positions in response to market movements. Our ActivTrades review team concludes that the application provides comprehensive information without clutter or fat.
ActivTrades Review of Customer Support
Trust us, ActivTrades is another advantageous aspect. Customer support is available 24/5, guaranteeing rapid service. The email support has an outstanding response within a timeframe of a few minutes.
Contact Information
Email: [email protected]
Telephone: +44 (0) 207 6500 500
Fax: +44 (0) 207 6500 505
Company Address: The Loom, Office 2.5 14 Gower’s Walk London E1 8PY United Kingdom
Bahamas Contact Details
United Kingdom Contact Details
Luxembourg Contact Details
Final Remarks of ActivTrades Review
The extensive services offered by ActivTrades, which come from its two decades of business expertise, demonstrate the company’s competency in the financial market. Moreover, this ActivTrades Review conclude that despite offering a small number of account types, the broker still stand-out on its excellent spreads and learning resources. Thus, with ActivTrades’ outstanding product and service, you can surely improve your trading experience and expertise.
ActivTrades Alternative Brokers
Some alternative brokers which provide more account types are:
- Read: Equiity Review
- Read: TradeEU Review
- Read: Capitalix Review
FAQs
What is the minimum deposit for ActivTrades?
As per our ActivTrades review, the minimum deposit for ActivTrades is $10.
What countries is ActivTrades in?
ActivTrades is available in the United Kingdom, Italy, Bulgaria, Portugal, Brazil and many more.
Who is the owner of ActivTrades?
Alex Pusco is the founder and owner of ActivTrades since 2001.
Is there a withdrawal limit for ActivTrades?
ActivTrades do not charge any withdrawal fees with no withdrawal limits either.
Is ActivTrades Safe?
ActivTrades is regulated by the (FCA) Financial Conduct Authority of the United Kingdom, (SCB) Securities Commission of the Bahamas, (CSSF) Commission de Surveillance du Secteur Financier of Luxembourg and (CONSOB) Commissione Nazionale per le Società e la Borsa of Italy.
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