It has interesting functionality andd possibly can be a competitor for MetaTrader. I can’t state that I’m advanced at trading, but due to some education Activtrades broker offer, I realize that gaining valuable knowledge alongside with constant practicing is the key. Similar to CFDs, forex trading is executed on a spread basis, eliminating the necessity for separate commission fees. ActivTrades provides an understandable and transparent fee structure, which is pivotal for traders who prioritize cost-effective trading. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. The company offers well-known industry platforms MetaTrader 4 and MetaTrader 5, plus its ActivTrader terminal.

The activtrader is a very functional software, and you can do a lot with it. ActivTrades is recommended for all traders, whether they are brand new or highly experienced. With more than twenty years of experience in the broker industry, ActivTrades has worked with everyone.

  1. The broker also charges swap rate fees for positions held overnight, further details of which can be found on the company website.
  2. I had opened Activtrades UK due to investing more and being protected by FSCS in case of insolvency.
  3. The MetaTrader 4 (MT4) platform offers a suite of Smart Tools that drastically improves its functionality.
  4. These include trading tools, decision-making tools, and numerous indicators.
  5. The MT4 trading platform fully supports automated trading solutions.

ActivTrades offers almost a thousand tradable instruments in the Forex, indices, stocks and commodities segments. We traded the popular instrument in each market to identify the actual spreads and placed a total of 12 trades. For this ActivTrades review, we opened a live account and deposited over €5,000. This means that, should the funds in your account fail to meet the margin requirements, your positions will be automatically closed.

ActivTrades Review: Pros and Cons

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. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. 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.

All traders receive access to the same CFD account and trading conditions. Pure Forex traders will find the 48 currency pairs, representing only entry-level activtrades review exposure, rather disappointing. Cross-asset diversification is possible through 15 commodities, while over 450 equity CFDs are maintained.

Beginners and inexperienced traders must take the time to learn how to use the ActivTrades trading tools properly. What ActivTrades offer,
countries ActivTrades are available in. Currency pairs are commission-free, where the EUR/USD carries an average spread of 0.72 pips, representing a competitive offer. US equity CFDs carry a minimum commission of $1 or $0.02 per share, UK CFDs carry a commission of £1 or 0.1%, and European shares carry a commission of €1 or 0.01%. It should be noted that this broker also charges its clients €1 per month for market data, which is not a significant charge.

This provides traders with convenient and secure options to deposit and withdraw funds from their accounts. I used to trade on same old trading platforms and expected better results without doing much of a thing, then I changed my broker to ActivTrades and started using their activtrader platform. It trades way better than old solutions out there, designed better so it looks way more professionla.

Author of this review

With Autochartist, ActivTrades traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save ActivTrades users time and makes the trading process more efficient. However, if you’re looking for a broker that does offer cTrader, you can explore other options available through the provided link. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD.

Limiting Your Risk When Trading with ActivTrades Negative Balance Protection

ActivTrades offers swap-free Islamic Accounts to Muslim clients only. Such accounts do not attract a swap fee for positions held overnight in line with Sharia Law. This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. The broker has a market blog and data to enable investors to analyse the financial state of the economy. Economic calendars are another useful tool to identify upcoming market events that could cause a shift in the price of an asset.

An Abundance of Investment Options

Although we found some very useful aspects of the ActivTrades platform that would be useful to some traders. We feel that a alternative to ActivTrades may better suit you. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. ActivTrades have a double AA grade support rating because ActivTrades offer live chat and email support in multiple languages. Explore the ActivTrades platform and train yourself to think systematically and logically about the markets.

It is smooth and stable, with the best tech in the industry.The trading platforms available are impressive. The sheer number of the platforms alone is a reason to be excited about using the broker. Available are the two MetaTrader platforms, the MT4 and MT5, and also the ActivTrader and TradingView.

ActivTrades offers a diverse range of trading instruments, including foreign exchange (FX), commodities, indices, shares/stocks, CFDs, and cryptocurrencies. This means that traders can access different markets and asset classes through one broker. ActivTrades is a non-advisory and executioner broker, which means that the broker does not provide investment advice or recommendations to its clients. Instead, the broker executes the clients’ trades on its trading platforms and charges a commission or spread for its services.

So take the time to research ActivTrades thoroughly and make the most of your online investing experience. Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like ActivTrades. Choosing or shortlisting a trading platform like ActivTrades can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform’s various features and benefits, especially with a complex trading platform like ActivTrades.

The broker has also purchased its own insurance to cover client funds up to $1m, although the excess is $10,000, so only funds between $10,000 and $1m are covered in such an event. The firm is also a member of the Financial Services Compensation Scheme. 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.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

one × two =