ActivTrades Review 2023 Detailed Information about ActivTrades Forex Broker

activtrades forex review

The provision of flexible account types helps clients to select the one that best suits their trading needs. For example, Muslim traders can signup for swap-free accounts to avoid interest-based transactions. Thus, activ trades review they can continue trading without jeopardising their religious beliefs. ActivTrades gives traders access to several popular trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView.

activtrades forex review

ActivTrades Customer Support

The offering could be improved by adding more minor and exotic currencies and deepening the range of crypto pairs. The broker has fast order execution, solid customer support, and great educational resources, including live webinars. Fees are relatively competitive, and the level of account security also beats the industry average. London-based ActivTrades was founded in 2001 and now serves traders in over 170 countries across the globe. The multi-regulated broker offers trading in CFDs on forex, indices, commodities, shares, ETFs, bonds, and cryptocurrencies from a single log-in.

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In other aspects, such as the proprietary app or the offer of tradable currency pairs, there is still room for growth for this online broker. ActivTrades offers overall variable spreads depending on the underlying product. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.

What e-wallets can I use to deposit and withdraw funds?

activtrades forex review

Additionally, MyFundedFX offers transparent operations with no hidden fees, enhancing overall trust. These comprehensive security features make MyFundedFX a reliable and safe choice for traders. All platforms offered by MyFundedFX, including DX Trade, CTrader, MatchTrader, and Platform 5, come with mobile applications.

  1. ActivTrades is a member of the Financial Services Compensation Scheme (FSCS), which protects clients’ funds up to £85,000 in the event of the company’s insolvency.
  2. Since client service won numerous awards and the main aim of the offered education system is to keep traders up to date with new features, technology developments, and market trends.
  3. It is an award-winning global company with customers in more than 140 countries.
  4. However, traders should know that ActivTrades currently does not accommodate US traders.
  5. These tools empower clients to do in-depth technical analysis and make informed trading decisions.

Trading Conditions

All financial products traded on margin carry a high degree of risk to your capital, the current Risk warning percentage is 73-85%. They are not suited to all investors, please ensure that you fully understand the risks involved, and seek independent advice if necessary. It’s a big help for us, it’s a time and resource saver, that’s for sure. It is important for potential traders to do thorough research before deciding on which broker to trade with. Commodity markets consist of the economic sector of products such as oil and gas, metals as well as agricultural products. It usually involves futures trading and the buy or sells of a selection of instruments.

If you have traded with ActivTrades we would really like to know about your experience – please submit your own review. This average customer rating is based on 5 ActivTrades customer reviews submitted by our visitors. The ActivTrader, MT4 and MT5 mobile apps can be downloaded from the respective app stores.

Where is ActivTrades based?

activtrades forex review

ActivTrades offers award-winning customer support to ensure all the needs of its customers are met. Customers can contact the company’s professional support team via Live Chat, email, and telephone, or request a free call back, 24 hours, 5 days a week. The website has a decent collection of handbooks in PDF format that cover a range of topics from trading platforms to trading tools. Developed by ActivTrades, SmartOrder further enhances MT4 & MT5 by being designed to help increase your trading speed and the process of managing positions. It seamlessly integrates with the trading platform and has a user friendly interface with the ability to use multiple functions at the same time.

activtrades forex review

He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. ActivTrades offers demo accounts for ActivTrader, MetaTrader 4, and MetaTrader 5 platforms. ActivTrades provides 24/5 customer support via live chat, phone, and email. I made dozens of inquiries over two weeks and had a positive experience overall.

ActivTrades serves customers from many different nations but does not allow traders from the United States. ActivTrades follows strong cybersecurity regulatory norms, including those set by financial regulators such as the FCA. ActivTrades orchestrates seamless financial transactions, ensuring traders have an uncomplicated experience. ActivTrades boasts a robust customer support system, marked by its responsive nature and multi-channel outreach.

It also lets you create a personal watchlist to keep track of the financial instruments you’re most interested in. Furthermore, each product is linked to the prevailing market sentiment. The last two are unquestionably among the best and most advanced platforms on the market, with many good brokers now offering them. They only differ in a few minor details related to secondary aspects of their functionality. ActivTrades is a regulated online trading broker that has been in business for over 2 decades and allows you to invest in a wide range of markets. Its headquarters are in London, and Alex Pusco is the CEO of the company.

It’s a mighty company which delivers trading conditions of exceptional quality. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money.

Customers can also join ActivTrades’ Cashback Program and earn cash back with each trade. 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. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs.

However other brokers, including eToro and Admiral Markets, offer a broader range of CFDs and cryptocurrencies. ActivTrades offers MT4, a globally recognized platform, particularly for forex trading. You can download MT4 to desktop devices, major web browsers, and mobile. We also rated that fractional shares are available, making high-value stocks accessible to newer investors. ActivTrades gives traders a competitive advantage by not requiring a minimum deposit to create an account, allowing them to trade whatever amount matches their financial capability.

From what we have found, with ActivTrades you can access detailed education materials with key elements, analysis, courses, webinars, and e-books defined by the topic. Based on our research, deposits or withdrawal requests on ActivTrades platforms can be done from an online Personal Area, which makes the process seamless and easy. The broker allows to choose major currency types like USD, GBP, and EUR, however, doesn’t support minor currencies. One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account.

ActivTrades has meticulously structured its account offerings to harmonize with the diverse trading aspirations of its clientele. The broker offers both Individual and Professional accounts, catering to the needs of amateur traders and seasoned professionals. https://forexbroker-listing.com/ For those who prefer a more traditional setup, MyFundedFX offers robust desktop applications for both Windows and Mac. These desktop platforms provide comprehensive tools and features, catering to the needs of both novice and professional traders.

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