ActivTrades

Overview

ActivTrades is a well-established forex broker known for its competitive trading conditions and user-friendly platforms. Founded in the early 2000s, the broker has built a reputation for providing a reliable trading environment for both novice and experienced traders. With a focus on customer satisfaction and a commitment to transparency, ActivTrades continues to attract traders from around the globe.

Regulation & Safety

ActivTrades is regulated by several reputable financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). These regulations ensure that the broker adheres to strict standards of financial conduct and provides a safe trading environment for its clients. The company also offers negative balance protection, which means that traders cannot lose more than their initial deposit, adding an extra layer of security.

Trading Platforms

ActivTrades offers a range of trading platforms to suit different trading styles and preferences. The most popular platforms include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which are known for their advanced charting tools and extensive market analysis features. Additionally, ActivTrades provides a proprietary platform, ActivTrader, which is designed for ease of use and includes unique features such as advanced order types and a user-friendly interface.

Account Types

ActivTrades offers various account types to cater to different trader needs. The most common options include the Standard account, which is ideal for beginners, and the Professional account, which is suited for more experienced traders seeking higher leverage and different trading conditions. The broker also provides a demo account for traders to practice and familiarize themselves with the platforms before trading with real money.

Spreads & Fees

ActivTrades is known for its competitive spreads, which can start as low as 0.5 pips for major currency pairs. The broker does not charge any commissions on trades, which can be advantageous for frequent traders. However, it is essential to be aware of the overnight financing fees and potential inactivity fees that may apply to accounts that remain dormant for an extended period.

Instruments & Markets

ActivTrades provides access to a wide range of financial instruments, including forex, commodities, indices, and cryptocurrencies. This diverse selection allows traders to create a well-rounded portfolio and take advantage of various market opportunities. The broker also offers trading in over 40 currency pairs, providing ample options for forex traders.

Customer Support

ActivTrades prides itself on its customer support services, offering assistance via live chat, email, and telephone. The support team is available in multiple languages, ensuring that clients from different regions can receive help when needed. Additionally, the broker provides an extensive FAQ section on its website, covering a wide range of common inquiries and issues.

Deposit & Withdrawal

ActivTrades offers a straightforward deposit and withdrawal process, allowing clients to fund their accounts using various methods, including bank transfers, credit/debit cards, and e-wallets. The minimum deposit required to open an account is $100, making it accessible for many traders. Withdrawals are generally processed quickly, although the time taken may vary depending on the chosen method.

Educational Resources

ActivTrades places a strong emphasis on education, providing a variety of resources for traders to enhance their skills and knowledge. These resources include webinars, market analysis, trading guides, and a comprehensive blog. The broker also offers a demo account, allowing users to practice trading strategies in a risk-free environment.

Final Verdict

Overall, ActivTrades is a reputable forex broker that offers a solid trading environment with competitive spreads, a variety of trading platforms, and excellent customer support. While there are some fees to consider, the advantages of trading with ActivTrades generally outweigh the disadvantages, making it a commendable choice for traders of all experience levels.