The platforms are renowned for their advanced charting tools, algorithmic (algo) trading support, ease of use, and flexibility in trading strategies. Additionally, ActivTrades offers its proprietary platform ActivTrader, further enhancing its diverse range of trading options for new and experienced traders. We found it quite satisfying to see such trading conditions with the lowest spreads, and no dealing desk intervention in the trading process. Exness was founded in 2008 and has a unique offering for trading cryptocurrency using leverage. Since its inception in 2001, ActivTrades has consistently spearheaded the evolution of online trading.
Top 3 Forex Brokers
As we specified in the section above on account types, ActivTrades offers a single account type for all its clients. Once you have tested (and most certainly enjoyed) the ActivTrader platform in the demo version, you will need to register a real trading account in order to get into the action with real money. MetaTrader 4 is fully functional on Android smartphones and tablets, allowing users to roam and trade FX any time they want. It is also the ideal web-based trading platform with no download required. The desktop version of the software provides for full automation of trading activity and EA’s.
Does ActivTrades have low fees?
One of its standout features is the additional private indemnity insurance with Lloyds of London from $10,000 to $1,000,000. Our team of experts has identified each broker’s strengths and weaknesses using FX Empire’s comprehensive methodology. Take the test to find out which are the best brokers in line with your investor profile. Having concluded this review, our verdict on the ActivTrades online broker is overall more than positive.
- It means you borrow money from your broker to open large positions with little deposits.
- The integration with TradingView benefits seasoned traders seeking exhaustive research and novice traders looking forward to connecting with a larger trading society.
- It also offers all the basic and advanced-level tools required for a meaningful trading experience.
- Clients whose brokerage accounts have been dormant for a predetermined time are subject to an inactivity fee.
- US traders can trade on 70 currency pairs as well as 10 cryptocurrencies with pricing from Paxos’s itBit exchange.
- As you already know, the minimum amount for an Individual account is $1,000.
Web Trading Apps
The ActivTrades trading platform is a web-based platform that allows trade straight from the browser, and also possesses a loyal application for iPhone or iPad. The platform features an intuitive interface, yet provides cutting-edge functionalities for experienced traders of all trading styles with access to more than 90 technical analysis indicators. For the Cons, conditions for trading including fees and spreads may vary according to regulation and entity, the instrument range is traded only on FX and CFD basis and support isn’t 24/7. Another disadvantage is that the broker operates an offshore entity and there are limitations on currency types allowing only major currency funding.
Is the quality of customer service satisfactory?
Account holders also qualify for an ActivTrades Card which can be used anywhere the MasterCard logo is displayed, and is provided free of charge to clients with no monthly admin fee. Forex clients must maintain a minimum account balance of €500 in their accounts to use this card. The broker’s research and educational facility seem well maintained. It has sufficient resources to cater to clients’ technical and fundamental analysis requirements.
The users of ActivTrader can also select several options to view multiple charts concurrently. 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. Positions are just as easy to close as they are to open and can be done in a couple of clicks on the ActivTrader platform. During the process of building this infrastructure it allowed no single gaffe.Everything’s so sleek and smooth.
How to start your ActivTrades account?
The MetaTrader platform ActivTrades heightens user security by incorporating an additional authentication layer during sign-up. This robust security architecture underscores ActivTrade’s commitment to delivering a secure and dependable trading environment for its traders. To secure trading operations, servers, and transactions, ActivTrades utilizes various security measures, including encryption methods that reinforce protection against negative account balances. ActivTrades also provides extra insurance coverage to protect customer assets.
If you have a trading account with a broker that is regulated outside of Canada, you will only have access to investor protection if such a scheme is available in your broker’s jurisdiction. The more than 250 data checkpoints over each of these categories are also measured side by side against other brokers. This helps us to determine just how competitive a broker’s offering is in relation to the industry average. Most retail brokers do not charge a fee just to have an account open but they may charge an inactivity fee if there hasn’t been any activity on your account for a while. We also conducted a live test of the broker’s customer support which scored nearly full marks in our rating review. From contacting JustMarkets customer support through online chat the agent was knowledgeable and helpful.
ActivTrades offer a referral bonus to its clients and partners for bringing customers to the company. To claim your reward, you need to make sure that your referral signup with the broker using your referral link. They must also fund activtrades forex broker their accounts completing a specific trading volume. The company holds multiple regulations worldwide and abides by AML guidelines. Additionally, it employs state-of-the-art technology to protect customers’ confidential information.
Usually, brokers let you choose your preferred amount since it’s only virtual money. What’s more, even if you don’t plan to trade indexes, it’s nice to have them on your watchlist. Stock traders use certain indexes as indicators for technical analysis.
It allows users to test their strategies under real-market conditions without any restrictions, allowing for a seamless transition from testing to actual trading. The Demo Account offers a risk-free environment for testing ActivTrades’ trading platforms and experimenting with strategies. Overall, ActivTrades can be summarised as a trustworthy, UK-based brokerage firm that specializes in online Forex trading. It offers access to safe trading environments and proprietary platforms like ActivTrader and MetaTrader 4 . The range of funding methods is strong and processing times are fast.
The brokerage giant has almost 50 years of experience and over 300,000 clients across five continents. IG US earned a strong trust ranking from FXEmpire in light of being regulated by the NFA and CFTC, its lengthy operating history, financial stability, and transparency. JustMarkets was founded in 2012 and has become well-known for its quality of customer support. FXTM was founded in 2011 and is regulated by the UK FCA, CySEC, FSCA, and the FSC Mauritius.
ActivTrades charges an inactivity fee after an account has remained dormant for a stipulated period, encouraging active trading or ultimate account closure. Check out the current account balance requirements at ActivTrades in our What is the minimum account balance at ActivTrades article. ActivTrades’s mobile trading platform is user-friendly and well-designed. We tested the credit card/bank transfer withdrawal and it took more than 3 business days.
Together with my brokerage analyst colleagues, I thoroughly tested the services of ActivTrades by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know about forex spreads at ActivTrades. Introducing the cutting-edge ActivTrader platform – a harmonious blend of user-friendliness for novices and high-caliber functionalities for seasoned traders. Embark on a journey through the vast financial landscapes, unlocking access to an expansive array of 1000+ CFDs spanning 7 pivotal asset classes.
Features such as instantaneous price delivery, expedited execution, and exemplary uptimes are part of our commitment. Acknowledging the significance of minimal latency and swift trade executions for our operational success, we’ve embraced the high-performance cloud solutions that IBM offers. Such capabilities empower us to pledge unmatched performance and unwavering service availability to our valued customers. ActivTrades provides access to mobile trading through MetaTrader 4, MetaTrader 5, and the ActivTrader mobile app.
The information helps the broker to provide offerings that best suit clients’ needs. ActivTrades offers free Demo accounts for both Islamic and Individual account types. The platforms offered are MetaTrader 4, MetaTrader https://forexbroker-listing.com/ 5, and ActivTrader. ActivTrades provides negative balance protection by activating automatic margin Stop Out on your account. Stop Out levels differ from account type to account type and from broker to broker.
These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers. IG US offers 82 spot forex instruments, including major, minor, Australasian, Scandinavian, exotic, and emerging market currency pairs, which we rate as above average for the industry. If you are a US trader looking to try out the spot forex market, we recommend IG US as a strong choice.
Positions can be opened and closed in seconds and there is a decent level of account management and analysis supported. At ActivTrades, funds can be deposited and withdrawn using a wide range of methods including bank transfer, credit/debit cards, digital wallets, online payment systems, and crypto. Processing times are relatively fast for the industry, but in some cases, there are fees for both deposits and withdrawals.