ActivTrades Review Key Findings for Winter 2024! Forex Education

ActivTrades Review Key Findings for Winter 2024! Forex Education

It usually involves futures trading and the buy or sells of a selection of instruments. It also implemented a separate insurance protection program in addition to the insurance that activtrades forex review the Financial Services Compensation Scheme offered, the first United Kingdom broker to do so. ECS is not a Financial Services firm and does not operate as a financial services firm.

Push notifications, for instance, maintain traders’ vigilance, promptly updating them on market volatilities or account fluctuations. To distill market direction, the platform has embedded trend exploration tools that grant users a lens to discern emerging market trajectories. In the bustling realm of financial brokerage, ActivTrades emerges as a particularly worthy contender for those desiring an amalgam of simplicity and precision. With a user-centric platform, ActivTrades is designed for traders who seek a hassle-free interface for executing trades, eschewing excessive bells and whistles. A live chat channel, a free call back hotline, plus email support are available from the respective logos and icons on the right-hand side of the official webpage. Users can also head to the FAQ section for answers to common issues.

  1. ActivTrades is an online trading platform that offers trading in a variety of financial markets including forex, commodities, indices, and stocks.
  2. In order to enable religious Muslim traders to place orders without going against the teachings of the Quran, ActivTrades offers a swap-free account type.
  3. As for FX traders, certain indexes can help predict the strength of currencies.

Traders can purchase EAs, or build their own robots and technical indicators. Due to the fact that MT4 is an old and super popular platform, it has the largest pool of custom-made robots and technical indicators. However, when purchasing trading robots, traders need to be cautious, as some algorithms do not work, and some are outdated. Smart Tools, consisting of seven add-ons, transform the MT4 trading platform into a powerful gateway to financial markets. The Smart Tool suite upgrades the basic version of the MT4 platform and transforms it into a powerful trading portal.

Trading Instruments

When it comes to fees, the broker offers low trading fees, as spreads start from as little as 0.5 pips. Spreads can increase in low liquidity environments, however, fees are still very low. On the other hand, there are deposit, withdrawal, currency conversion and inactivity fees. Traders can plan strategically and pick free funding methods, and never leave money on inactive trading accounts to avoid paying the charges. ActivTrades has been in operation since 2001 and provides superior protection of its client funds up to £/$1,000,000. The pricing structure and asset selection are acceptable, though the Bahamas subsidiary provides a far superior trading environment than the UK one.

We also rated that fractional shares are available, making high-value stocks accessible to newer investors. Other than credit and debit card payments, for which the fees are 1.5% (except the first deposit, which is free), the deposit options are free. However, in exceptional circumstances where the trading volume is disproportionately low compared to the third-party trading fees, charges may be incurred. Traders can choose from MetaTrader 4, MetaTrader5, and ActivTrader.

Assets

A good option for inexperienced traders is the company’s Demo Account, which offers traders an opportunity to trade in a real trading environment with replicated trading conditions. In order to aid its clients in development, ActivTrades provides extensive educational materials. In addition, the broker provides traders with manuals and trading dictionaries. Furthermore, economic calendar and market analysis are also provided.

It can be further modified with thousands of third-party plugins, which fully supports automated trading solutions, and represents an overall superior choice. Traders may opt to split their portfolio and utilize ActivTrader together with MT4 for an optimized approach, which unlocks the full potential available. I came here cuz I was attracted by good spreads and also commission-free trading here. Spreads even matter more for me because earlier I traded crosses with a broker that offered fixed spreads. Many people praise fixed spreads and I also got in that trap, but they are wide, much wider than you expect. From what we have found, with ActivTrades you can access detailed education materials with key elements, analysis, courses, webinars, and e-books defined by the topic.

ActivTrades does not charge an account maintenance fee, ensuring that traders can manage their portfolios without unnecessary costs. ActivTrades provides an understandable and transparent fee structure, which is pivotal for traders who prioritize cost-effective trading. Compare the markets and instruments offered by ActivTrades and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

ActivTrades Trading Education and Training

ActivTrades additionally hosts events in key financial centers, and the overall educational division provides outstanding service. As already mentioned, the broker only offers Individual and Islamic account types. The minimum initial deposit required to open the individual account is $1,000. There are 4 account currencies you can choose from, USD, EUR, GBP, and CHF.

These allow traders to make informed decisions, protect customer funds, offer historical data and forecasts, trends as well as patterns. Traders without existing trading solutions developed in the MT4 infrastructure may find ActivTrader, the proprietary trading platform offered by this broker, visually appealing. While it allows for the most inclusive trading environment it is available only as a webtrader. Moreover, the ActivTrader platform lacks support for automated trading solutions, rendering it an acceptable choice only for manual traders.

Is ActivTrades regulated?

One-to-one training sessions provide exceptional value for new traders. Equity CFDs commissions exist; traders should familiarize themselves with additional costs. The Excess of Loss insurance coverage indicates a strong fiscal position and enforces the protection of client deposits. ActivTrades provides a genuinely safe and secure trading environment.

What is the maximum leverage granted by ActivTrades?

Indices trading in Dow Jones, FTSE, Euronext, Nasdaq and others are also available to trade with ActivTrades, as well as fixed-income contracts. Finding a reputable ActivTrades review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. Below is an in-depth review regarding ActivTrades to help you make an informed decision before opening your account or trading on their platform. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose.

ActivTrades categories

ActivTrades has built a reputation for providing excellent customer service, as evidenced by a Trustpilot score of 4.4 out of 5 based on over 600 reviews. In conclusion, we find ActivTrades an excellent broker with a good reputation with an FCA license, and 20 years of successful operation and experience with short-term and long-term professionals. The offering is of good quality, well-maintained backed up with exceptional educational material suitable for both beginners and experts. With MetaTrader5 you will find updated, extended characteristics, bringing online trading to the deepest level. The platform enables to trade of more markets like shares and ETFs, more than 450 CFDs on stocks with wide characteristics and availability to auto trade, with integrated trading statements. However, the traders who feel more comfortable and convenient with a user-friendly platform MT4 are also welcomed by ActivTrades, which is available through desktop trading.

A nice touch to this broker is that even though they offer MetaTrader as well as their own platform, the trading conditions such as spreads and leverage remain the same on both platforms. Clients can also appreciate the quality of customer support this broker provides; efficient response time and a very personable manner from the agents. In addition to its solid trading offerings, ActivTrades also provides extensive educational resources and a responsive customer support team. This demonstrates the company’s commitment to helping its clients succeed in their trading endeavors. The point here is that ActivTrades is an excellent option for anyone looking to enter the world of online trading or for those seeking a new trading platform.

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