ActivTrades Reviews Read Customer Service Reviews of activtrades com
Activ Trades Review found several learning resources to its clients. The broker provides one-to-one lessons to new traders that are quite helpful. This is a unique service that most brokers do not offer.
ActivTrades offers Shariah-compliant Islamic Accounts, which feature no interest on contracts held for longer than 24 hours. You currently work or have worked in the financial sector for at least one year in a professional position. You must have carried out significantly large transactions, in the relevant market, on average 10 per quarter over the previous four quarters. The MetaTrader Web Platform is a slightly stripped down version of the desktop platform.
Stop Out levels differ from account type to account type and from broker to broker. ActivTrades uses a 50% Stop Out level and as an added bonus, the broker promises to roll your account back to a zero balance if the trading account goes negative. This Forex broker was established in 2001 and since its creation has managed to expand its customer base to more than 140 countries. ActivTrades offers various tradable asset classes to its clients. The list includes Forex pairs, indices, commodities, ETFs, and over 1,000 share CFDs. The broker offers access to the MetaTrader platform as well as in-house-built ActiveTrader software.
Spread Charged in our Trades
As for leverages, then I like such a conservative and cautious approach to leverages, they’re not very high. A perect broker for those who only start their journey in trading. First of all, it is a really reliable broker with long and rich history and huge traders community. The clients of activetrades can be calm about their deposits as the broker works for nearly 20 years and it managed to preserve its good reputation.
Not even a delay in response.From the support to the trading conditions and even all the little details, the broker is impressive. Search by account type, minimum deposit, and maximum leverage in 2,000+ forex brokers. Being regulated by the Securities Commission of the Bahamas, ActivTrades is one of the few brokers that can be trusted and relied on. ActivTrades Corp is registered under the Commonwealth of the Bahamas . In addition to this, the MetaTrader platform also offers robust user security features with an additional authentication option at login or sign up. Hence, traders seeking a reliable and safe forex broker can keep ActivTrades in their top 5 list of brokers as it offers enhanced client fund protection through additional insurance.
ActivTrades charges no withdrawal fees for credit/debit cards and electronic wallets. You can only deposit money from accounts that are in your name. Based on your country of residence, ActivTrades may offer to change the entity you would like to register at. This is significant because the entity affects your investor protection, and products and fees may also be different. To have a clear overview of ActivTrades, let’s start with the trading fees.
In addition, MT4 only uses USD as an account currency. Whereas MT5 enables choosing between USD, EUR, GBP, and CHF account currencies. Liquidity in the CFD market is higher, therefore cashing out is no problem. Moreover, you don’t have to worry about crypto wallets or look for crypto ATMs. Everyone can agree that the most important aspect to look for in a broker is safety and security. What guarantees the safety of your hard-earned money?
All the custom indicators, proprietary platform and other good stuff is still there. I need to do a research if Activtrades added something to improve trading experience. One to One Training program is ActivTrades training sessions that are designed to support traders in the basics and start with trading https://forexbroker-listing.com/ together with Activetrades. There is a dedicated team that will go through the trading platforms of ActivTrades and its products with you, and other essentials to understand fully how to trade with ActivTrades. ActivTrades Smart ForcastActivTrades’ SmartOrderis a developed application by the firm.
You can only withdraw money to accounts in your name. The account opening process starts with selecting your country of residence and adding basic personal information, including your name, email address, and password. ActivTrades also has a currency conversion fee of 0.3%. This fee applies to the conversion of the closed profit and loss from an instrument with a different quote currency than the account base currency. If the account is not used for over 1 year and there is a remaining balance, a fee of £10 per month will be charged.
All the remaining ActivTrades instruments can be traded without commission. And it’s not the full list of features that ActivTrades delivers. As for the reputation of ActivTrades, I don’t think there’s anything to discuss. For newcomers who don’t know, feel free to open an account with ActivTrades and don’t be afraid. Frankly speaking, this broker is considered to be an acceptable one. The matter is to have a broker who would be reliable and responsive.
It can simulate various trade scenarios according to the account balance, leverage, instrument, lots, price levels and position. The powerful ActivTrader platform was developed in house with customer needs in mind. It gives you fast execution speeds and has an intuitive interface that I feel makes for a convenient and effective trading process. However, the number of available instruments is not as large as that offered by giants of the industry such as IG and CMC Markets. The ActivTrader mobile app has the same intuitive design as the web version.
How to trade Binary Options
Allowing automated trading and hedging is good because it reduces financial risks and protects yourself from negative events. Here I can easily buy or sell any of the above currency pairs at a fixed exchange rate to compensate for potential losses. You should consider investment objectives and understand how CFDs work and whether you can afford to take the high risk of losing money when trading CFDs. All information collected in this Alvexo review is for educational purposes and does not constitute investment advice. As soon as the program starts, the affiliates or partners of the ActivTrades can start trading and earning commissions for every trader they refer to the ActivTrades platform. ActivTrades Affiliate Programme’s mission is to develop long-term financial relationships with the partners and their referred clients.
You can run every type of portfolio you have got going on here. It is especially good if you have some experience and you are trying to have a scientific and volatility adjusted approach in running your portfolios. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
- 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.
- Definitely not every trader can appreciate Activtrades.
- This selection is based on objective factors such as products offered, client profile, fee structure, etc.
- I was definitely needing a platform where the hedging will be allowed.
- For trading indices and CFDs with this provider, the spreads are fixed at as low as 0.5 pips.
- The last step is verification, in which you may have to snap and upload an ID and address proof directly.
ActivTrades is an online trading platform that offers trading in a variety of financial markets including forex, commodities, indices, and stocks. ActivTrades offers its customers a selection of reliable and popular trading platforms. The MetaTrader 4 and 5 platforms are popular choices amongst traders across the globe as it offers several benefits. According to research, ActivTrades is a brokerage firm based in the United Kingdom. ActivTrades has a consumer rating of 4.64 stars from 120 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with ActivTrades most frequently mention trading platform, demo account and minimum deposit.ActivTrades ranks 5th among Currency Trading sites.
Indices and financials
ActivTrades provide a free demo for potential and existing customers. The account comes with sufficient credits to trade as much as you want. The account combines a zero-commission and commission-based fee model depending on the asset. All the asset selections are available for this account, and trade routing is automated.
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It’s tough to impress me, as I am a true market oldie. Having tried various platforms all starting up with amounts to start up then followed by an instant request to upgrade in the most dishonest way being asked to pay more. So daunting is also when they ask for commission before withdrawal, these requests don’t stop they keep coming one after the other and then all of my investment was lost. Luckily chargebacksecured com helped me recover all of my funds back in the most professional manner. One day I received an offer to trade with ActivTrades.
Sure, you can use wire transfer in case of withdrawals and depositing. I believe it’s even better than using services such as paypal. At least, it’s much more convenient for me to transfer money via the banking system. This broker provides all the opportunities and conditions for comfortable and successful trading. I mean the quality of the ActiveTrader trading platform.
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. For example, you will not get the same fund protection as you are considered a professional trader.
The broker also hosts educational webinars to discuss advanced trading topics, which are recorded and available on the website. The broker used to host in-person seminars before the coronavirus pandemic struck. Provide your employment status, employer, industry, job title, annual income, the value of savings, intended deposits over the next 6 months, source of funds, and trading preferences. However, the average fees charged on indices such as the FTSE 100 are much higher than industry averages. We reached out to the broker’s customer support team to resolve the challenges we faced. We also use different external services like Google Webfonts, Google Maps, and external Video providers.