Furthermore, developing sophisticated risk management techniques is also very important. Activtrades offers the lowest spreads I’ve ever seen starting from 0.5 pips. The thing is that there are so many traders who cannot make their trading results positive just because of the charges made by the broker. You cannot even imagine how surprised I was when I realised that my trading style is able to bring me good profits. 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 list includes Forex pairs, indices, commodities, ETFs, and over 1,000 share CFDs.
- MiFID, or the Markets in Financial Instruments Directive, is a set of rules within the European Union (EU) designed to oversee financial markets.
- ActivTrades boasts a robust customer support system, marked by its responsive nature and multi-channel outreach.
Investing.co.uk has been helping British traders find the right broker for over 20 years. This means that, should the funds in your account fail to meet the margin requirements, your positions will be automatically closed. Educational videos on how to navigate the MetaTrader platforms are also on offer, as are manuals for those that prefer learning by reading. The Glossary section contains a long list of investing-related terms – something that is particularly useful for beginners not used to broker jargon. 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.
ActivTrades Review – Key Findings for Winter 2024!
The platforms offered are MetaTrader 4, MetaTrader 5, and ActivTrader. It is a standard service to offer a demo account, and AcivTrade do offer this facility. It is always good practice to try a demo account with a new broker, before opening a live account and deposit real money. Activetrades attracted me with its very intuitive trading platform. I value simplicity and convenience in trading platforms cause I mostly trade on the go. There’s nothing that could distract me from trading in its user interface.
ActivTrades also offer the MT5 platform, suited to more experienced investors. In addition to trading on forex, indices and shares, MT5 provides access to ETFs and over 500 CFDs. You can download MT5 to your desktop, use the WebTrader, or trade from your mobile. The FCA dictates that brokers like ActivTrades must treat their customers fairly and this includes having a formal complaints procedure.
Alternatively, if you opt for the professional client account, the minimum deposit requirement is 2,000 Euro. ActivTrades accounts include several advantages such as tools and indicators that provide a comprehensive overview of current market trends. Indicators, Expert Advisors, and one-on-one support are also included to help customers make the best possible trading decisions at minimum risks. ActivTrades has received numerous significant awards and recognitions since its founding. These awards and recognitions honor the company’s dedication to offering the best trading environments, a high level of customer support, and the use of popular platforms.
What is ActivTrades?
Traders can easily access the educational resources from the broker’s main page, under the “Learn to Trade” tab. ActivTrades offers multiple deposit and withdrawal options to its customers. Credit card, bank wire transfer, and online wallet options are available. Let’s take a look at the funding methods and charges in more detail.
Assets
ActivTrades offers more company shares than the likes of Pepperstone and XTB. However other brokers, including eToro and Admiral Markets, offer a broader range of CFDs and cryptocurrencies. ActivTrades is an excellent option for day traders with ultra-fast execution speeds, very low spreads, no requotes and a choice of superb trading software. Day traders and swing traders may choose to focus more on technical analysis, which would involve using various graphical indicators such as moving averages and Bollinger Bands. Medium to long-term investors will likely need to incorporate some fundamental analysis into their strategy.
Timing is Everything: When to Enter a Forex Trade for Maximum Profit
While a UK phone number is not available, there is an English support desk. We use dedicated people and clever technology activtrades forex review to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Available are the two MetaTrader platforms, the MT4 and MT5, and also the ActivTrader and TradingView. The activtrader is a very functional software, and you can do a lot with it. Demo trading comes with certain benefits for all sorts of traders. Novice traders use them to get familiar with using platforms, conduct technical analysis using indicators, and develop basic trading skills. Professional traders demo test new strategies and ideas before risking real money.
In general, spreads are less tight for exotic currency pairs due to low liquidity. Exotic pairs are characterized by high volatility and increased risks. FXView provides access to 2 different live trading accounts, Raw ECN, and Islamic, Swap-Free. MT5 is the successor to the MT4 and was released by MetaQuotes in 2010.
Is ActivTrades a scam?
As for the Swap-free accounts, these accounts are aimed at traders that follow Sharia law. In accordance with Islamic finance, there are no interests charged on the Islamic account. Traders of Muslim fate can contact the customer support and ask to convert existing accounts or open new ones. Account opening process with ActivTrades is fast, fully digital, and comfortable. The broker provides an intuitive and user-friendly webpage to its clients.
This ActivTrades review will provide an overview of the critical features of this broker to help traders decide if it is the right choice for their trading needs. Based on our research, deposits or withdrawal requests on ActivTrades platforms can be done from an online Personal Area, which makes the process seamless and easy. The broker allows to choose major currency types like USD, GBP, and EUR, however, doesn’t support minor currencies. 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. ActivTrades welcomes traders with a minimum deposit requirement of $0, offering accessibility to a wide array of market participants.
ActivTrades Leverage
ActivTrades offers a wide range of educational resources such as webinars, seminars, market analysis and research, and an economic calendar. ActivTrades does not charge inactivity fees, but it’s best to check with the broker for the most up-to-date information regarding any other fees. All financial products traded on margin carry a high degree of risk to your capital, the current Risk warning percentage is 73-85%.