ActivTrades Review 2023 Is it a Scam or Legit Broker

Account trading statements are integrated which is handy to track your results. The platform enables you to open positions directly on real time charts using the built-in buy and sell buttons. You can create a personalised watch list to keep your favourite trading instruments in one place.

• This platform allows you to access more than 500CFDs, ETFs, and more.
• ActivTrades mentions smart tools, but you do not see any after spanning through the website.
• Other popular asset classes such as real stocks, bonds, funds or options are not available.
• Sure, you can use wire transfer in case of withdrawals and depositing.

This gives you great flexibility to choose the platform that works best for you at any given time. The web platforms you can access from any browser and the trading apps you can use from the comfort of your mobile phone. The desktop platform would require a computer or laptop but it does have the most capabilities, including automated trading if that is something you are looking for. I run expert advisors on the MT4 desktop platform and keep track of trades via my phone. If I don’t have my laptop or phone to hand, I can easily login to my account through the web browser. One of the main advantages of the web version is that it is always up to date and does not require you to download or install any software.

This provides up to £/$/€ 1 million per client additional coverage andapplies to all clients, regardless of which entity they are under. Research tools are available on the website and on the trading platform. We’ve tested the research tools only on ActivTrades’s own platform.

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It also keeps clients’ funds in segregated bank accounts for safety purposes. Clients can open an account with the broker for a minimum deposit of $1. All payment options come free of charge except for card payments. I can’t give a straight answer why I made up my mind to trade exactly with this brokerage company. Perhaps, I was driven by a spontaneous emotional impulse.

The deposit and withdrawal fees vary depending on the payment options ActivTrades provide. The broker only offers you a basic choice of an individual or professional account. A trading account allows you to trade on the ActivTrader or MetaTrader platforms with access to a wide range of trading instruments and trading tools.

How does ActivTrades protect its clients?

To be honest, I am very glad that I chose this particular company for my trade. I think that if a person decides to do this, then you need to be responsible and have discipline. The quotes here are real and don’t have the flaws of dd brokers’ quotes. A very functional platform, I liked trading here even though I didn’t understand anything about it. I just realize that in trading very few things depend on a broker. I know that the bulk of my success is a tough burden I need to carry on my shoulders.

He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector. Further to this helpful content is a comprehensive trading glossary, and a broad range of 18 video tutorials that covers topics suitable for all traders from beginner to advanced. A total of 30 futures are available to be traded with ActivTrades.

The Trustpilot Experience

The only downside of this platform is that there is no historical data based on events such as the inflation rates of specific countries. ActivTrades has fewer currency pairs and bonds CFDs compared to its competitors. You can also trade cryptocurrency CDFs, but only those under the Bahamas-regulated entity. The user interface of this platform is friendly and highly customizable so that you can adjust the sizes and positions of different tabs. Unfortunately, some of the platform features are outdated and can be hard to find. The order types available include; Market execution, pending order, buy limit, sell limit, buy stop, sell stop, buy stop limit, sell stop limit, and stop loss.

The margin close out level is in place to stop traders losing more than the initial deposit. As an added safeguard, all accounts that do go into the negative as a result of trading activity will be credited a zero balance. The balance protection policy is applied across multiple accounts so that a second accounts credit can offset the negative balance of another.

• Cross-asset diversification is possible through 15 commodities, while over 450 equity CFDs are maintained.
• The trading hours change depending on what it is you are trading.
• Account trading statements are integrated which is handy to track your results.
• They help pro traders to perform in-depth technical analysis.
• Comparebrokers.org is not a brokerage or advisory service.

Although Forexpeacearmy’s community seems to have favoured the company, still 40% of clients hold negative feedback about it. ActivTrades offer multilingual customer support five days a week. Clients can raise their concerns and issues with the company in their local language via email, phone and web chat. Above all, one-click trading straight from the charting options is available. It makes it convenient for clients to manage their positions anytime. In addition to supporting all basic and advanced order types, the mobile app charting features are comprehensive.

Trading Education Available At activtrades

Upon facing any problem, a customer can directly communicate with the representative of the broker and get the problem sorted out. Its customer satisfaction is rated at 95% and average email response time is 27 minutes. Webinars, seminars, and educational videos are a big help in any trader’s journey for a better trading experience. These programs are an offer by ActivTrades to assist its clients in successful trades. It gives you access to one-click trading, unlimited charts, technical indicators, and more. On the other hand, MetaTrader 4 Web platform is the browser-based version of MetaTrader.

Once you confirm the https://trading-market.org/, the same amount of money will be transmitted to your bank account from your brokerage account. The platform provides CFD on up to 100s of markets like indices, shares, and commodities. Moreover, everyone has complete liberty to choose from 50+ assets on Forex. Because ActivTrades focuses on supplying CFDs, the overnight fee is imposed on practically every asset. This is a fee charged at the market’s closing hour for holding an asset overnight. You can acquire specific figures from your trading platform at that moment because it is a dynamic charge that changes based on the market and asset.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your accounts. They are billed for operations like depositing money, not trading for long periods, or withdrawals. The MetaTrader 4 trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.

Hedging is a strategy that allows the trader to offset hostile price movements with a clever strategy. In case of adverse movements, this feature allows the investor to invest in the same product in a different direction. First, it differs because regular ones take effect when a specific price is attained.

No, ActivTrades is not an ECN broker and hence, it does not offer ECN trading. However, note that traders from Canada and the United States cannot trade on ActivTrades. Fill in the affiliate sign-up form with further details and submit it. The ActivTrades support team, upon submission of the form, will get in touch with the user to help him get started trading with the ActivTrades Affiliate program. It is important to note that all rewards are paid on the very 1st day of every calendar month for any trading activity occurring in the previous month. The users will receive the reward only if they fulfill the threshold in that particular month.

All information on 55brokers.com is only published for general information purposes. Activtrades just another scam broker don’t truth them . I like the broker’s sufficient number of withdrawal methods.

One can earn $1000 regardless of whether they are a referrer or referee under the ‘Refer to a friend’ program. There are no inclusive fees for withdrawal at ActivTrades. You can simply claim your withdrawal by clicking on “request a withdrawal’. Here is a list of modes of withdrawal available and their processing time. Swap Fees – For overnight open positions, the broker also charges swap fees.

You can download MT4 to desktop devices, major web browsers, and activtrades review. That’s the first broker I tried to trade outdoors using their mobile app activeTrader. I should note that I never open trades in the gambling way. I make full technical and fundamental analysis on the weekend. It gives me all the necessary information on the assets I trade and the rest of the week I trade on the app and it all works.

I mean sometimes it happens that software developers try to add as many functions as possible. As a result, a jumble of features creates a mixed impression. That is not related to the ActivTrades platform as everything is clear and placed in order. Unlike many day traders, I hate being glued to the monitor from morning till night. I’m fond of sports and most of the time I spend my time outdoors involved in various sports activity.

The market sentiment functionality allows the trader to monitor the market’s direction. It enables you to understand the attitude of other traders towards a specific market investment. You can view the financial instrument’s popularity and see the direction other investors are taking to make better decisions for yourself while trading. It is crucial to assess your understanding of the nature of CFDs and Forex, and your financial capacity to sustain the high risks that come with trading such instruments. Take time to weigh your options and only invest in instruments that align with your financial goals and expertise. Welcome to our comprehensive review of ActivTrades, a global multi-asset CFD and forex broker offering trading services since 2001.