This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. This means that, should the funds in your account fail to meet the margin requirements, your positions will be automatically closed. Client funds are held in separate accounts from ActivTrades’ company funds.
Commodity CFD trading on ActivTrades
Traders might choose between different account types depending on their selected entity. The company supports multiple payment methods for account funding and withdrawals. Furthermore, clients can open an account with the broker for a minimum deposit of $1.
Withdrawal Fee
Like other accounts on our platform, this category provides negative balance protection and enhanced funds protection for accounts with a balance of $1 million or more. It also provides activtrades forex broker increased money protection, up to $1 million. Again, this is a good range of available methods and processing times for withdrawals are faster than average for the industry.
Is ActivTrades safe?
Such an assemblage of features not only enlightens the inexperienced but also refines the strategies of the adept. In an era of web-based solutions, ActivTrades allows traders to utilize its platform without additional downloads. Customers can access the platform directly via web browsers, ensuring a convenient and efficient trading experience.
ActivTrades: Official Review, Pros and Cons 2024
Other products and services include referral bonuses and cash rebates. Each section of this ActivTrades review will go into more detail about the broker’s offerings. With the ECN trade execution policy, the broker offers fast trade execution to reduce slippage issues. The company keeps clients’ funds in segregated bank accounts and employs SSL encryption. In addition to this, it also offers two-step authentication to protect users’ confidential data. Furthermore, risk management features include negative balance protection and guaranteed stop loss.
- Novice traders use them to get familiar with using platforms, conduct technical analysis using indicators, and develop basic trading skills.
- ActivTrades fees and commission seem in line with the average industry standards.
- Traders also need to pay swap charges on positions held overnight.
- The broker has fast order execution, solid customer support, and great educational resources, including live webinars.
In an era where financial safety is paramount, ActivTrades stands out as a broker that prioritizes trust and security. Its dedication to maintaining an unblemished reputation is evident from its rigorous adherence to regulatory standards and proactive fraud prevention measures. Our ultimate guide to the ActivTrades minimum deposit is updated regularly. Alerts and notifications are n the form of email, push notifications to mobile, or notification to the desktop platform. To set email or mobile notifications, you have to add your email address and your mobile MetaQuotes ID (it can be found in the MT4 app’s settings). You cannot set alerts and notifications on the ActivTrades mobile platform.
It may be worthwhile checking if your chosen broker has its own proprietary mobile trading app on top of the MT4 mobile trading app as well, just in case one goes down. Trading with a broker with multiple types of trading platforms and proprietary apps will ensure zero downtime on your trading and have less of an impact if one platform has any issues. For example, retail traders with a tier 1 regulated broker can open a $30,000 position size on a currency pair with only $1,000 in cash in the account.
Notably, 20+ crypto are also available to trade on ActivTrades as CFDs. However, the company’s product range varies depending on the selected market and jurisdiction. For example, UK-based clients can’t trade crypto CFDs amid FCA restrictions. Unlike Reddit, the Quora community seemed to be fully supporting the broker. While answering a query raised by a user on Quora concerning the legit status of the company, many people reacted to it and cast their votes in favour of the company.
The ActivTrader app provided me with a smooth overall experience for following watchlists, placing trades, viewing charts, and tracking my account details. There is room for improvement by adding news, analysis, and an economic calendar to the app. The mobile app offers all the order types available via the web platform, including progressive trailing stops and pullback orders. ActivTrades stands out for its trading software offering, featuring a mix of third-party platforms.
In the withdrawal area of your Area, choose your preferred e-wallet. Follow the platform’s steps to complete the withdrawal request. Enter the amount you want to withdraw and then submit the request. Allow a few business days for processing and cash to arrive in your bank account.
The firm can be contacted via the live chat window on its website, an email request form or directly via phone or email as below. 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 https://forexbroker-listing.com/ to long-term investors will likely need to incorporate some fundamental analysis into their strategy. First, always choose a market you are familiar with and have a decent knowledge of. Investors must understand what causes prices in particular markets to shift if they want to build a successful strategy.
Another unique feature we found in our testing is that you can trade cryptocurrencies with zero swap fees – this means there is no overnight fee to hold a position over to the next day. Imagine you’re trading EUR/USD and you totally get how spreads work – the lower, the better. By choosing a broker with the lowest spread, you save on every trade, boost your profits, and stay ahead of other traders. This means more money in your pocket and better decisions on your next move. Equally impressive is the education and training service that ActivTrades offers its users. This free service is provided through the organisation of seminars, webinars, video tutorials, live trading sessions with professional traders and much more.
As for FX traders, certain indexes can help predict the strength of currencies. Initially, ActivTrades started out as an FX broker and only later expanded its asset offerings to stock CFDs, commodities, indices, etc. In today’s review of ActivTrades, we are going to discuss all of the important characteristics of this broker. What’s more, we’ll compare the fees of ActivTrades with other brokerage fees and guide you through the process of account opening in detail. 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.
This commitment ensures our clients enjoy the security that comes from partnering with a broker regulated across various jurisdictions. The illustrious ActivTrades Group holds regulation by FCA, SCB, CSSF, CMVM, BACEN, and CVM (ActivTrades CCTVM). Traders can choose from MetaTrader 4, MetaTrader5, and ActivTrader. All of these have their own unique characteristics, so let’s discuss them in detail to make choosing easier for you. Fees charged by ActivTrades are low compared to the industry average. Spreads start from as low as 0.5 pips on major pairs and there’s no commission charged.