Accepts US Clients: No
Min. Deposit: $100
Platforms: MetaTrader 4 , MetaTrader 5 , MT4 Web
|Type of Broker||ECN|
|Islamic Account (Swap Free)|
|Deposit Options||Bank Wire Transfer , Credit Card , Debit Card , Neteller , Skrill , Sofort|
|Withdrawal Options||Bank Wire Transfer , Credit Card , Neteller , Skrill|
Bonus & Rewards
|No Deposit Bonus|
|Bonus for First Deposit|
|Is the Bonus Based on the Volume of the Transaction?|
|Platform Type||MetaTrader 4, MetaTrader 5, MT4 Web|
|Platform Languages||English, Italian, Spanish, German, Russian, French, Portuguese, Greek, Hebrew, Turkish, Arabic, Polish, Chinese, Bulgarian, Latvian, Lithuanian, Serbian, Slovak, Swedish, Multi-lingual|
|OS Compatibility||Mac OS , iOS , Windows , Android|
|Streaming News Feed|
|Trade From Charts|
|Guaranteed Stop Loss|
|Guaranteed Limit Orders|
|Interest on Margin|
|Customer Support Languages||English, Italian, Spanish, German, Russian, French, Portuguese, Turkish, Arabic, Polish, Chinese, Bulgarian, Hungarian, Romanian, Ukrainian, Albanian|
|Customer Service Hours||24h|
|Place Trades Over the Phone?|
ActivTrades - Review
ActivTrades is an online forex and CFDs broker that was established in 2001. They were originally based in Switzerland but later relocated to London in 2005. The company is registered in England as well as Wales under the registration number #05367727.
As a UK based financial services provider, they are authorized and regulated by the UK’s Financial Conduct Authority (FRN 434413). As ActivTrades is a FCA regulated broker, their traders enjoy the benefit of having their investments protected under the Financial Services Compensation Scheme (FSCS).
In addition, they have the comfort of knowing that their funds are held segregated accounts and can only be utilized by ActivTrades for their trading activities.
With ActivTrades, traders have a choice of either the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) trading platforms. Both these trading platforms are widely used by the online forex trading community and are also accepted as being the industry’s standard trading platforms.
Both these trading platforms feature a simplified trading operation and wide array of advanced trading tools. Perhaps what the MT4 and MT5 platforms are most famous for is their ability to support automated trading. With the use of Expert Advisors or EAs, traders can customize the trading platforms to trade automatically according to the rules specified by the traders.
For the convenience of their traders, the MT4 and MT5 platforms are also available for mobile devices such as tablets or smartphones. This helps to extend the functionalities and performance of the trading platforms right to the palm of the traders.
ActivTrades has two types of trading accounts for their traders. Nevertheless, the trading accounts are flexible enough to cater for the trading needs of both novices and experienced traders. For example, novices can easily sign up for a trading account with ActivTrades as the minimum deposit requirement is just $100.
With the trading accounts, traders can access either the MT4 or the MT5 trading platforms and trade the markets with a leverage ratio as high as 1:400. Trade sizes can be as small as one mini or micro lot. Other benefits of the ActivTrades trading accounts include the ability to access exclusive trading tools such as:
- Pivot Points indicator
- VPS Service
For Muslim traders wanting to trade the markets according to Shariah principles, the trading account is also available as a swap free account where no interest are charged for overnight positions.
Commission & Spreads
The spreads and commission rates at ActivTrades are dependent on the type of assets which are being traded. For example with forex, the minimum spreads starts from as low as 0.7 pips. With commodities, traders can expect to pay a minimum spread of 0.0030 points in the HOIL for instance. For indices, the average minimum spreads start from 0.16 points in the USAVIX for instance. For shares CFDs, there is a commission charge percentage applied to the transaction value (with a minimum of $1) plus the market data charge of the exchange. The percentages vary depending on the exchanges:
- 0.05% for European Exchanges
- 0.01% for the London Stock Exchange
- US$0.02 Per Share for U.S Exchanges
Apart from English, ActivTrades has made their site available in around a dozen different languages namely:
The support services are accessible through a variety of ways such as email, fax, live chat or the telephone. They can expect a fast response to their queries as the support services are provided on a 24/5 basis during the entire trading week.
- Balance Protection
- Competitive Spreads
- Dedicated Customer support
- FCA Regulated Broker
- Low Minimum deposit
- Loyalty rewards
- Withdrawal Through ActivTrades Prepaid MasterCard
- No support for Social Trading
- Platforms limited to MetaTrader Platforms
From their humble beginnings in 2001, ActivTrades have grown into one of the leading online forex brokers today. By putting the needs of their traders first, ActivTrades has gone all out to provide training and trading tools which are beyond what most brokers are able to offer to today.
While they might be lacking is some ways such as the lack of trading accounts choices, they made it up by providing their traders with flexibility in terms of their trading account requirements.