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This is a very special service, as individual coaching is not at all common at other brokers. Cryptocurrency CFDs are also available, but only for those under the Bahamas-regulated entity. ActivTrades’s desktop trading platform is provided by MetaTrader. It is highly customizable, has a clear fee report and price alerts, but lacks a two-step login and its design is outdated. ActivTrades offers mostly free deposit and withdrawal options, including bank transfer, credit card and various e-wallets. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.
At ActivTrades CORP, we aim to always treat all our customers fairly. We will ensure our level of product and service performance meets the expectations of our clients as far as reasonably possible. We will also ensure that there is no barrier for customers to express their requests, concerns and complaints and we will endeavor to be responsive to them. To view our complaint handling procedure follow this link. Limited Risk Accounts are compulsory for clients residing in France and provide added protection when placing CFD transactions.
At the Bahamian entity, however, all bank transfers carry a £9 fee. ActivTrades charges no withdrawal fees for credit/debit cards and electronic wallets. A bank transfer can take several business days, while payment with a credit/debit card is instant. Credt/debit card deposits are charged with a 0.5% fee in the UK and the European Economic Area and 1.5% for non-EEA clients.
ActivTrades Review, Safety, Platforms and Fees — FX Empire
ActivTrades Review, Safety, Platforms and Fees.
Posted: Sun, 20 Mar 2022 07:00:00 GMT [source]
No matter the time or day, you can gain access to world-class support on any are of our trading services. Our highly trained support staf are the backbone of ActivTrades. No matter the time or day, you can gain acces to world-clas support on any are of our trading services.
TRADE CFDs on 1000+ instruments, including Forex, Stocks, Indices, Cryptocurrencies with unbeatable spreads and enhanced funds protection. Trade Forex with unbeatable spreads, negative balance protection, no commissions, and award winning 24/5 support. I consent to the collection, storage, and processing of my personal data by ActivTrades in accordance with ActivTrades Overview its Privacy Policy. My data might be used by ActivTrades to contact me to assist me with the account opening process. In case my application was not successful ActivTrades will delete my personal data without further notice after 2 years of inactivity. As trading fees are low and your account will be ready quickly, we encourage you to try ActivTrades.
Deposit fees and options
85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Before investing in foreign exchange, carefully consider your level of experience and risk appetite. CFDs are complex instruments and bring high risk of losing money because of the leverage they provide. Past performance should not be considered evidence or guarantee for future performance.
Also, there is a currency conversion fee and an inactivity fee. BrokerChooser gave ActivTrades a 4.4/5 rating based on analyzing 500+ criteria and testing via opening a live account. On the downside, its product portfolio is limited to just a few products, as it offers mainly CFDs and forex instruments. https://forexarena.net/ Research tools are basic, and there are no trading ideas or fundamental data. There is an inactivity fee as well as a charge for currency conversion. Our demo accounts are designed for you to familiarise yourself with all the platform functionalities using virtual money and without financial risk.
Is this broker good for beginners?
The EEA includes EU countries as well as Iceland, Liechtenstein and Norway. ActivTrades charges no deposit fees for bank transfer and electronic wallets. ActivTrades offers variousaccount types for retail and corporate clients as well as Islamic accounts. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. To have a clear overview of ActivTrades, let’s start with the trading fees.
They don’t include clear trade ideas or recommendations. This is an average selection compared to its competitors. 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. To read much more details about the broker’s services and features, expand on the sections below. ActivTrades PLC has a robust and regularly reviewed Internal Capital Adequacy Assessment Process . Our regulator, The Financial Conduct Authority, has strongly endorsed the recommendations of the Basel II accord.
The amount of investor protection depends on where you open an account. There are other technical tools, like Application Programming Interfaces , which help implement an automated trading strategy. APIs allow traders to directly connect their screening software with their broker account to place orders. Changing the leverage is a useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as the preset leverage levels are high. At ActivTrades, you can only trade forex and other CFDs, including crypto.
Other research tools you may enjoy
Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing.
- Similarily to the web platform, ActivTrades has its own mobile trading platform besides MetaTrader 4 and MetaTrader 5.
- There are some short market analysis articles and videos on the website.
- Experienced independent writer and journalist with a demonstrated history of working in the global online trading sector.
- We regret, we cannot accept clients from your country of residence.
- The search bar and the portfolio report features are, for instance, fixed.
- ActivTrades offers mostly free deposit and withdrawal options, including bank transfer, credit card and various e-wallets.
ActivTrades Europe SA is a company registered in Luxembourg, registration number B232167. We regret, we cannot accept clients from your country of residence. With nearly 20 years’ experience serving a global client base, we fully understand the systems, technology and infrastructure needed to create the ideal environment. At BrokerChooser, we consider clarity and transparency as core values.
This includes the strictly maintained minimum capital requirement of 8% for any net foreign exchange exposure. Historically, ActivTrades PLC has maintained capital and reserves at a level far greater than has been prescribed by our regulator. The Company regards this as the key measure of our security.
Trading ideas
This strategic move enables ActivTrades to better serve its international client base and business partners, especially in South America and Asia. The search functions are OK.You can find the assets in categories. However, categorization is a bit confusing as there are several forex categories. We also missed the usual search function when you can type in the asset names manually.
ActivTrades has low CFD fees and average non-trading fees. As a plus, it charges no deposit and withdrawal fees in most cases. The account opening is excellent and the deposits and withdrawals are free. ActivTrades provide one to one training, where you can chat with an expert online. This is a personalized education session to help you understand the main features of the trading platform.
Clients registered with ActivTrades Corp will have the ability to trade with greater flexibility and utilise extensive trading conditions.
Here’s our expert view after checking the ActivTrades trading app. Our ultimate guide to the ActivTrades minimum deposit is updated regularly. Being regulated by the top-tier FCA and being in operation for a long time are all great signs for ActivTrades’s safety. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. You can see the number of long/short (buy/sell) positions in the search bar. This is a good sentiment indicator to gauge the market mood.
This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of ActivTrades alternatives. First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. Test your strategies risk-free with our demo account or open a real trading account. Our highly trained support staff are the backbone of ActivTrades.
ActivTrades summary
The protection ensures your risk of loss does not exceed the initial amount invested, meaning loss is limited solely to the margin required to open a position. ActivTrades PLC is responsible for card payment processing. Similarily to the web platform, ActivTrades has its own mobile trading platform besides MetaTrader 4 and MetaTrader 5. 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. 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.