ActivTrades Review 2023: Is ActivTrades a Safe Broker?

How long does it take to withdraw money from ActivTrades? We tested the credit card/bank transfer withdrawal and it took more than 3 business days. Both Admirals and FxPro offer more base currencies. The account opening process starts with selecting your country of residence and adding basic personal information, including your name, email address, and password. 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.

However, note that traders from Canada and the United States cannot trade on ActivTrades. Fill in the affiliate sign-up form with further details and submit it. The ActivTrades support team, upon submission of the form, will get in touch with the user to help him get started trading with the ActivTrades Affiliate program. It is important to note that all rewards are paid on the very 1st day of every calendar month for any trading activity occurring in the previous month. The users will receive the reward only if they fulfill the threshold in that particular month. Swap Fees – The broker also charges swap fees for overnight open positions.

You can view the financial instrument’s popularity and see the direction other investors are taking to make better decisions for yourself while trading. This platform comes in multiple languages and has a clear fee report. However, just like the mobile platform, it has no price alerts. ActivTrader is also user-friendly with a simple, easy-to-understand design and offers 2 step login. It is important to note that no risk management tool can guarantee a profit, and traders should always use them in combination with a sound trading strategy.

What is the minimum ActivTrades spread?

Other popular asset classes such as real stocks, bonds, funds or options are not available. ActivTrades has its own web trading platform called ActivTrader. It’s highly customizable, multilingual and has a clear fee report. We ranked ActivTrades’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.

The rest of their clientele is spread across the Middle East, South America, and South East Asia. ActivTrades is an impressive forex and CFD broker that we rated to be above average in most areas. We got the impression that this is a customer-centric broker, sensitive to the needs of traders.

This is a very special service, as individual coaching is not at all common at other brokers. As an established Forex broker, Activtrades offers the full range of currency pairs, including the 10 majors, minor pairings, and the exotics. Spreads are set automatically by the execution software, with targets around one PIP on the majors. Details from the website show that target levels are usually exceeded by 10% to 30% in actual dealing, but this is still competitive.

All conditions I have examined here are…

US equity CFDs carry a minimum commission of $1 or $0.02 per share, UK CFDs carry a minimum commission of £1 or 0.1% and European CFDs carry a minimum commission of €1 or 0.01%. Currency pairs are acceptably priced and remain free of commissions. ActivTrades provides a genuinely safe and secure trading environment.

• 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 platform has an easy-to-use design but advanced functionality, such as access to more than 90 technical analysis indicators, for seasoned traders of all trading types.
• I’m fond of sports and most of the time I spend my time outdoors involved in various sports activity.
• At least, it’s much more convenient for me to transfer money via the banking system.
• You can filter the news by countries, even types, and impact.

The section does not offer content providing specific trade ideas or signals. A Weekly Outlook video presented by Ricardo Evangelista is published every Monday. The video covers analysis of the economic calendar and identifies key events with a focus on how they may impact the markets. Videos can be viewed on the company website and via the ActiveTrades YouTube Channel. Daily Market Analysis posts keep users up to date on the major market movers. The analysis is quite brief and mostly from a fundamental perspective.

SmartTools are a set of indicators based on customized mathematical formulas and in-depth algorithms to spot efficient entries and find reversal points. ActivTrades supports various payment options to fund the account including bank transfer, credit/debit card, Neteller, Skrill, and Sofort. In addition, the firm offers ActivTrades Prepaid Card, which is provided for free to the clients with no monthly administrative fee, which gives the same benefits of usage as Mastercard. ActivTrades Fees are ranked with an overall rating of 8.1 out of 10 based on our testing and compared to over 500 other brokers.

Deposit fees and options

The broker offers daily exclusive markets and technical analysis and the clients have access to a huge archive of regular webinars. As per this ActivTrades Review, ActivTrades offers corporate and individual retail investor accounts and professional accounts for eligible traders. Swap-free/Islamic accounts are also available along with a free demo account for demo trading. All of these instruments can be traded on the popular platforms MetaTrader 4 and MetaTrader 5. The trader is offered a choice of either MetaTrader 4 or MetaTrader 5 trading platforms, and these are the long accepted standard in the Forex trading community. Easy to use, and with good support and online communities, they are capable of advanced functions such as automated trading and the development of Expert Advisers to assist in your trading.

Once you have got up to speed on a demo account, you can easily switch over to a live account. The account opening process is fully digital and can be completed within a short time on the company website. ActivTrades offers a demo account, individual account, professional account and Islamic account.

Moreover, the broker serves an office in Dubai and holds an additional offshore regulation in the Bahamas. The latest survey – which showed 95% Customer Satisfaction – revealed that 9 out of 10 customers had a good or excellent experience with ActivTrades. Over 50 forex major currency pairs such as EUR/USD, USD/GBP, and many other currencies. MT5 users can download the MT5 software on their desktop to trade and invest from their mobile devices or use the WebTrader version. Being a non-dealing desk broker, ActivTrades offers direct executions without any human intervention. This website is using a security service to protect itself from online attacks.

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. For withdrawal fees, transfers to the ActivTrades Prepaid Mastercard or e-wallets are free, bank transfers of USD will be charged 12.50$. ActivTrades minimum deposit requirement is 500$, which allows you to start live trading immediately.

What’s the minimum trading deposit here?

Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in https://forexbroker-listing.com/ any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions.

All the remaining ActivTrades instruments can be traded without commission. And it’s not the full list of features that ActivTrades delivers. As for the reputation of ActivTrades, I don’t think there’s anything to discuss. For newcomers who don’t know, feel free to open an account with ActivTrades and don’t be afraid. This broker has already proved its reliability by the time it executes its duties on the market.

You need to visit the education section of their website to learn this. So, if you lack some knowledge about trading, you can catch up with the broker. There are times when they fly by hundreds of points, and the main thing is to catch the wave… Tons of instruments, good platform, orders are opened and executed without any slippages. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. In this section, we check the broker’s market offering and how varied the instruments and asset classes are.

Research tools

There is also a video library covering MetaTrader platforms introductory topics as well as manuals covering all the MetaTrader platforms available at ActivTrades. Regular webinars are held to discuss more advanced content with additional hosts providing outstanding service to the learners. Deposit Fees – ActivTrades does not charge any deposit fee for payments made through bank transfers or e-wallets like Skrill, Neteller, Sofort, and PayPal.

It is well-designed and user-friendly with a good search function. However, it lacks a safer two-step login and price alerts. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers.