ActivTrades Review 2024 Award winning and regulated broker

activ trades forex broker review

Since then they have continued to expand their global appeal with offices in numerous countries, with plans for further growth. I have always been impressed with the support that I have received from them over the years. The spread on the EUR/USD pair is 0.72 pips, which is the smallest available.

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The Advanced Trading platform features advanced order types, deep customization, and plenty of subtle-but-useful features – such as the ability to set price tolerance from within the trade ticket. I found the layout well-designed, easy to use, and rich with features. For the sake of comparison, I found the Advanced Trading platform similar to FXCM’s own impressive proprietary platform. FOREX.com goes above and beyond to provide forex traders with everything they need to trade effectively.

ActivTrades Reviews

Formulated by the central government, the FEMA 1999 Act governs all foreign exchange transactions by setting limits and restrictions. It gives the central government the authority to regulate payments to/from someone outside the country. Furthermore, it also prohibits using unregulated platforms or binary trading activtrades forex broker options, which involve high risk and volatility. The organization mandates that brokers providing forex trading services should be registered. Copy trading can be good for beginners, provided they learn the basics and approach copy trading the same way they would any other self-directed trading account.

ActivTrades swaps All swaps ActivTrades

On balance, though, I rate ActivTrades as best suited to beginners, casual traders, and those moving towards becoming a professional. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. ActivTrades does better than a generic MetaTrader broker by offering a well-designed proprietary platform, original research and educational materials, and reliable customer support. ActivTrades’ clients can opt for plenty of trading platforms, including MetaTrader 4 and MetaTrader 5, with add-ons, seamless TradingView, and an intuitive in-house ActivTrader platform. The broker strives to always offer their clients transparency, reliability, and safety. Therefore, the company’s management team is highly experienced in the financial industry and is committed to providing excellent customer service.

  1. Spreads even matter more for me because earlier I traded crosses with a broker that offered fixed spreads.
  2. Since client service won numerous awards and the main aim of the offered education system is to keep traders up to date with new features, technology developments, and market trends.
  3. Beginners should analyze all available performance metrics when deciding whether to copy a particular signal provider.
  4. Two of the most famous, reliable and popular trading platforms in the world.
  5. Delivering service par excellence at every touchpoint, irrespective of their trading acumen or portfolio magnitude.

ActivTrades Account Types and Their Benefits

ActivTrades does not impose withdrawal fees, ensuring traders can access their funds without additional charges. ActivTrades emerges as a worthy contender for those desiring simplicity and precision in the bustling world of financial brokerages. With a user-centric platform, ActivTrades is designed for traders who seek a hassle-free interface for executing trades, eliminating excessive bells and whistles.

It expands your horizon, giving access to over 500 CFDs on stocks and ETFs, along with other MetaTrader 4 products. For us, clients are not mere numbers but the very foundation upon which our legacy rests. Delivering service par excellence at every touchpoint, irrespective of their trading acumen or portfolio magnitude. This unwavering commitment is why they repose their trust in us, year after year. 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. For withdrawal fees, transfers to the ActivTrades Prepaid Mastercard or e-wallets are free, bank transfers of USD will be charged 12.50$.

Mobile trading apps

At ActivTrades, we encapsulate an unmatched synergy of time-honored technical prowess, unwavering commitment to client support, and an iron-clad assurance of investor fund security. What is more, there is no overnight adjustment (the underlying Futures price already accounts for the adjustment). On CFDs, shares commissions are starting from €1 per side, while spread betting on shares is commission free, with 0.10% of the transaction value.

FOREX.com’s platform suite has historically been – and continues to be – robust. Overall, FOREX.com’s mobile offering competes among the best brokers in the industry. Yes, MetaTrader itself is safe – but it’s important to remember that MetaTrader is a software suite (developed by MetaQuotes Software), not a broker. When trading forex on MT4 or MT5, your level of safety will depend entirely on the trustworthiness of your broker, and any measures they’ve taken to safeguard their customers. I’ve been covering the forex industry for over twenty years, and I always recommend choosing a forex broker that is properly licensed and regulated. Our proprietary Trust Score can help you find a regulated, trustworthy broker – click here to learn how it works.

The company structure includes a board of directors, which oversees the business’s day-to-day operations. The company has over 100 employees, including support staff, sales personnel, and traders. ActivTrades is a member of the Financial Services Compensation Scheme (FSCS), which protects clients’ funds up to £85,000 in the event of the company’s insolvency. As a professional account holder, you can apply for increased leverage. Professional account holders may not be entitled to some benefits that individual account holders have.

ActivTrades is a trustworthy broker since it has been doing business for over two decades without ever going into liquidation or bankruptcy. The company’s multiple regulations in various jurisdictions around the world make it even more reliable to trade. The company seems to have put much effort into the educational area, making it comparable to high industry standards. Still, we believe progress assessment modules should also have been part of the broker’s learning facility. Keeping in line with the monetary principles of Sharia law, this account type is essentially the same as a standard checking account. However, it doesn’t involve any additional fees or interest on overnight positions.

For example, you will not get the same fund protection as you are considered a professional trader. ActivTrades provide access to trade share CFDs on over 450 top performing company shares with no hidden fees and the ability to trade https://forexbroker-listing.com/ long or short. You can speculate on the underlying prices without needing to own the underlying security. I was pleased to have access to global stock exchanges including New York, London, Frankfurt, Milan, Paris and more.