Active Trade Reviews Read Customer Service Reviews of active-trade ltd
On the downside, the platform does not have a desktop version or full-screen charts. The charts, orders, and instruments search bar are easy to locate, and even first-time traders can quickly learn their way around. I tested ActivTrades’ flagship platform, which has a familiar and user-oriented interface. I assessed that ActivTrades’ fees generally sit in the medium range.
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- While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.
- The charts, orders, and instruments search bar are easy to locate, and even first-time traders can quickly learn their way around.
- Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries.
- Traders can automate stop-loss or take-profit levels, execute trades more rapidly, and simplify the trading process overall with the aid of these tools.
Trading Instruments
ActivTrades features a cashback program for traders who exceed $50 million in notional trading value. During my testing of the broker’s offering and platforms, I found ActivTrades to be a well-rounded option with some unexpected unique features that boosted my overall opinion. When comparing ActivTrades with its competitors, several key factors stand out, including fees, asset variety, trading platforms, and minimum deposit requirements. Spread Betting Accounts are offered exclusively to UK clients, enabling tax-free trading of various financial instruments. Islamic Accounts are available for clients who require an account that complies with Sharia law, offering interest-free trading.
Automated traders will find this feature very useful since it provides a more stable trading environment with reduced latency, which is especially important in times of market volatility. Our experts rate financial service providers to help you make more of your money. This is becuase you cannot trade DMA Dow futures on exchange, plus, by not calling the DJIA by it’s proper name, brokers usually aviod paying liceencing fees to in the index owner. Offer a slick platform with all the products you need with good spreads. The spreads seem to be low for any asset here, at least lower than market average. The broker also supports mobile trading apps for both iOS and Android devices, allowing clients to trade on the go.
ActivTrades Execution Model
Both are deriviative products that mirrow the underlying index price movements. Very happy with the service Customer service is prompt should you need them Highly recommend for both beginners and experienced traders.
Star Broker
For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. Contracts for difference (CFDs) are derivatives that speculate on the underlying asset’s price without physical ownership. Compared to the industry average, ActivTrades offers an average number of currency pairs and a high number of commodities, share CFDs, and indices. ActivTrades offers more than 1100 CFD instruments across currency pairs, commodities, shares, indices, ETFs, and bonds.
Account Types
Whether you are a seasoned professional or a beginner, ActivTrades caters to various trading styles and preferences. Interest is paid on available free margin; however, both reward programs are available only for traders from the Bahamas operating subsidiary. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. In 2012, ActivTrades launched its MetaTrader platform offering, followed by its proprietary ActivTrader platform in 2016, and most recently added the TradingView platform in 2022. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages.
Why use the Good Money Guide?
Professionell support, no execution issues, no requoting so far. Traders of all experience levels may benefit from these tools, which are available in a number of languages and help them stay current on market trends and skill development. During periods of strong market activity, reaction times may lag. ActivTrades offers a variety of deposit and withdrawal options, including – bank transfers, credit and debit cards, and e-wallets such as Skrill and Neteller. This could be a problem for those who do not trade very often or who take long breaks from the markets. One of the best things about ActivTrades is that it has simple fees.
Research Tools
See about us for more information on how we make money and how we test providers. This means that when you click through from us to a provider and open an account we may receive a payment. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation, or, an offer of or solicitation for, a transaction in any financial instrument. Negative balance protection for professional clients
Is active trade safe?
ActivTrades is considered Trusted, with an overall Trust Score of 81 out of 99. ActivTrades is not publicly traded, does not operate a bank, and is authorised by two Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulator (High Risk).
These resources allow traders to quickly find answers to common questions without needing to contact support directly. Indexes in the stock markets are fictitious collections of securities meant to stand in for the entire market or a specific subset of it. Statistically speaking, it is a measure of the movement of the securities market in the context of finance. The transparency regarding fees and currency conversion ensures that users can make informed decisions about their transactions. With quick processing times and a user-friendly interface, traders can manage their funds with ease.
Is Active Trades a good broker?
Customers have access to an intuitive proprietary platform (ActivTrader) alongside industry favorites like MT4, MT5, and TradingView. The broker has earned a solid 3.9-star rating on Trustpilot from more than 1,250 users, with over 72% of all reviewers giving it a 5-star score.
With ActiveTrades you can trade financial spread bets, CFDs, demo accounts, Islamic accounts and professional trading accounts. The broker’s fee structure is most advantageous for active traders who benefit from the lower spreads on major currency pairs and can avoid inactivity fees. ActivTrades offers a universal trading account with no minimum deposit, no commissions, and floating spreads from 0.8 pips.
To wrap things up, ActivTrades is a solid online brokerage that is likely to appeal to a broad range of traders. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base activ trades review encompassing the technology and financial markets. This swap-free account is designed to comply with Islamic finance requirements by eliminating overnight rollover fees and other charges that are considered to be interest-based. In recognition of the needs of traders who follow Sharia principles, ActivTrades offers an Islamic Account. Using the provided analytical materials and tools in conjunction with your market analysis and trading strategies is strongly recommended.
- In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.
- The broker stands apart from the competition because of its suite of patented add-ons, which automate and streamline trading processes.
- Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose.
- The platform features customizable watchlists, integrated charting powered by TradingView, and unique order types such as one-click trading and progressive trailing stops.
One notable drawback is that cryptocurrency trading is not available for UK clients under FCA regulation, though it is possible to trade cryptos on the other ActivTrades entities. The broker strikes a fine balance between lower-risk securities and higher-yield/risk assets. The app also features a built-in news screener so that the user can stay informed of currently unfolding trading setups. The ActivTrades platform is a powerful and user-friendly solution for beginner, intermediate, and advanced traders alike.
ActivTrades Spreads
One downside is the broker’s “€10 inactivity fee”, which kicks in after 18 months of no activtrades forex broker review trade on an account. ActivTrades provides a wide range of services for traders of all skill levels. The broker stands apart from the competition because of its suite of patented add-ons, which automate and streamline trading processes. Its investment in creating its own trading platforms and tools has been consistent throughout the years, and it has improved the trading experience for its customers. 70% of retail investors lose money when trading CFDs with this provider
ActivTrades Deposits
Its average order execution speed is 4 milliseconds, which is far above that of other derivatives brokers. While the broker charges competitive spreads in EURUSD and stock CFDs, its commodity spreads exceed the industry average. Home to some of the world’s most sophisticated cryptocurrency trading features,We are aware of the varying needs of different customers on its platform.See more The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.
ActivTrades provides Islamic accounts for swap-free trading that are compatible with Shariah law. ActivTrades’ one-size-fits-all trading account caters to the needs of different kinds of traders. ActivTrader supports one-click trading and features a progressive trailing stop for advanced risk management.
All risk is borne by the software user. There is a possibility that you could sustain a loss of some or all of your initial investment; therefore, you should not invest money that you cannot afford to lose. Accounts can be denominated in USD, GBP, EUR, or CHF, and mobile trading is available. ActivTrades is a multi-regulated STP broker headquartered in London, offering TradingView, ActivTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5).
Independent Investor is a news and educational portal covering latest events in the world of trading and investment. However, some people may find that the lack of copy trading and the inactivity fines are deal-breakers. There is no set minimum deposit for most regions, making it accessible for all traders. But ActivTrades from the first approach creates an impression of a credible forex broker. Maybe it’s not very obvious to those who are beginners in the forex market.
When you trade on an index, the spread starts at 0.5 points. There are times when the spread for the well-known pairs of currencies, like EUR/USD, can be as low as 0.5 pip. ActivTrades lets buyers buy and sell a lot of different assets on the market.