ActivTrades Review 2021: Is it a Scam? Read Before You Trade

Therefore, we recommend RoboForex over ActivTrades as the go-to broker for an all-in-one solution. New Traders do not get any sign-up or deposit bonus for registering with this platform. However, ActivTrades provides a loyalty program where loyal clients can refer a friend and earn up to $5,500 per referred client. Furthermore, ActivTrades also provides a cashback program where you must request to join the cashback program to win cash on every trade you make. Finding a reputable and reliable broker to handle forex and CFD trading is no easy feat, and choosing the right broker can make or break your trading journey. We’re here to help and have put ActivTrades under the microscope to give you an honest review of what this broker offers.

The brokers demo account which is available for 72 hours without registration is also available through these platforms. The overnight fee is common to all brokers and is charged on almost every asset at ActivTrades since they focus on offering CFDs. This is the fee which you incur for holding an asset overnight and it is charged at the closing time of the market. Since it is a dynamic fee which changes based on the market and asset, you can get exact numbers from your trading platform at that time. Cryptocurrency trading is one of the hottest financial markets today. ActivTrades allows traders to enhance their portfolios with crypto assets.

Thus I want to achieve the maximum advantage while trading here. Nice broker with a bunch of advantages like branded indicators and large list of assets. I get tons of professional benefits for little to no money. The main benefit here is the possibility to trade with good spreads while paying no commission.

ActivTrades offer customer support in multiple languages, 24/5. A live chat channel, a free call back hotline, plus email support are available from the respective logos and icons on the right-hand side of the official webpage. Users can also head to the FAQ section for answers to common issues. The live chat function is particularly useful with efficient and informative agents to cover most queries. ActivTrades runs a reduced schedule on bank holidays in line with global financial markets. More information regarding specific changes is available on the broker’s website.

Can you trade metals with activtrades?

ActivTrades PLC is regulated by the UK’s Financial Conduct Authority , which serves as the primary authority for this broker. An office was established in Milan, Italy, and registered with the Italian Companies and Exchange Commission Commissione Nazionale per le Società e la Borsa . ActivTrades Corp is the broker’s Bahamian subsidiary, authorized by The Securities Commission of the Bahamas. Negative balance protection is equally available to all retail traders. One to One Training program is ActivTrades training sessions that are designed to support traders in the basics and start with trading together with Activetrades. There is a dedicated team that will go through the trading platforms of ActivTrades and its products with you, and other essentials to understand fully how to trade with ActivTrades.

I hedge my trades and the dynamic leverage here is magnificent. Indeed, our experts always try to share their insights and nuggets of valuable information so our traders can always get a competitive advantage and edge on financial markets. Undoubtedly, it’s a very challenging task for any broker to implement services that will please everybody on the market. Still, we do our best to stand out from the crowd and ensure our clients an unforgettable pastime. I already had good expectations and got my hopes up before even registering for an account here.

• The firm doesn’t charge any withdrawal fees and has no hidden fees.
• You can find information on how to trade from your iPhone, Android smartphone, and iPad on the broker’s website’s Mobile Trading section.
• The market sentiment tool shows how many clients are long or short on a chosen instrument.

ActivTrades Cashback program is offered to traders who cross $50 million in notional value of forex and CFD trading. The tools are compatible with both MT4 and MT5 online trading platforms. ActivTrades brokers boasts more than 1000 financial instruments with thousands of registered traders from across the globe, including customers in countries like Singapore, France, and the UAE. One of the best things about ActivTrades is its impressive user interface that displays clear and easily navigable features and functions. ActivTrades traders can trade any product of their choice through the well-established proprietary trading platform, ActivTrader, MetaTrader 4, and MetaTrader 5. Confidence in equity markets seems to remain strong so far, with bull traders defending support levels everywhere on the old continent despite…

Commission And Fees Explained

ActivTrades has a currency conversion fee of just 0.3%, which is applied to any closed profit or loss from an instrument with a different quote than the account’s base currency. This means you will never be charged more for converting between currencies, regardless of where you are trading. With almost 1000 trading instruments, ActivTrades provides access to Forex, Indices, Commodities, CFDs on stocks, ETFs, and Currency pairs. Operating with licenses from U.K.’s FCA and Bahamas’ SCB as well as CSSF and CONSOB , it is no surprise this broker has been recognized for its excellence with 26 awards in total.

I have a very positive impression of https://trading-market.org/ with this broker and I should note that my impression has even improved recently because they recently added cryptos. Earlier they had no cryptos but I nevertheless joined them because I like their trading conditions on majors. ActivTrades is well known and you can find reviews about this broker on the forums. It has multiple regulation and long and decent history of working on the markets. These two things can be regarded as a sort of evidence that the broker can be trusted and nothing bad will actually happen to your deposit if you follow the rules, of course. Activetrades is not a bad option judging by the official information provided by the broker.

Another disadvantage is that the broker operates an offshore entity and there are limitations on currency types allowing only major currency funding. Each has its peculiarities, so we hope everyone can be satisfied with our services. To be able to trade efficiently with ActivTrades, it is important to have a clear understanding of how the platform works, its trading tools, and the financial markets it offers.

The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. However, they ask for contact details before answering, which we found a bit annoying. You can see the number of long/short (buy/sell) positions in the search bar. This is a good sentiment indicator to gauge the market mood. Customizability is average, as some features cannot be moved around on the platform. The search bar and the portfolio report features are, for instance, fixed.

competitive company and broker services

A demo account with any broker is a great starting point whether you are a new trader, or just new to this broker. It provides you the chance to get to know exactly what is on offer in a realistic trading environment, but with no-risk, trading virtual currency. Whether you’re a novice trader just starting out or an experienced pro, ActivTrades has something to offer. Their platform includes advanced charting tools and real-time market data, making it easy to make informed trading decisions. They also offer a range of educational resources and tools to help you learn and grow as a trader. TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes.

On the other hand, ActivTrades offers a wide array of trading solutions, from MetaTrader 4 and 5 to copy trading services. Traders also benefit from 24/5 support, low commissions and spreads, and dedicated front-ends for market data analysis. ActivTrades offers its clients 24/5 customer support via live chat, email, and telephone. In addition, our team of experts at the broker is always available to answer your queries and provide support.

Does activtrades offer negative balance protection?

There are a lot of factors and components involved in trading forex. Forex brokers are an important and inevitable aspect of trading the currency market. The forex market is incredibly volatile and confusing, to a large extent, and even seasoned traders sometimes struggle to make headway in it.

With a digital activtradesdemo account, you can experiment in any way, to whatever length you wish. You might also open positions, examine different trading approaches, and more. The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you’re billed trading charges. In such instances, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.

Moreover, Gray Label assumes front-ends for its clients and risk management tools provided directly by ActivTrades. When trading CFDs on shares, the fixed fee per trade is determined by which market you work in. For European exchanges, it’s 0.05% of a deal , and for NYSE , it’s 0.02 USD per lot with a minimum payment of 1 USD).

While activtrades supply you all of the tools to make money, they cannot guarantee that you will profit. Activtrades is a legit company headquarted in United States since 2011. Activtrades is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams. However, due to regulations activtrades doesn’t accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.

Broker Types

Read Best CFD brokers articleOur expert team here at BrokerChooser specializes in helping you find a broker that best suits your needs. We have reviewed over a 100 brokers based on BrokerChooser’s unique methodology. CFD trading allows you to trade with leverage, which means you can potentially make bigger profits with a smaller amount of money. However, it’s important to keep in mind that leverage can also magnify your losses. The platform provides 14 different chart types and drawing tools to analyze the chart pattern to maximize profit. It’s worth noting that all awards are paid out on the 1st of every calendar month for any trading volumes that occurred the preceding month.

Dumblittleman does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment or financial issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Wilbert is an avid researcher and is deeply passionate about finance and health. ActivTrades is dedicated to providing its customers with an extensive selection of products and superior execution.

Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website. Withdrawals can be made through bank transfers, Neteller, Skrill, and PayPal.

To have a clear overview of ActivTrades, let’s start with the trading fees. We ranked ActivTrades’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Moreover, here you can find everything you need and it doesn’t even matter whether you are a short-term trader or long-term trader.

The activtrades review fees for trading are generally very low. They either don’t impose brokerage fees, or they impose a very low amount of brokerage fees. However, you can deal ActivTrades anytime you want because the fees are very low. Users can receive cashback on trades they make as an ActivTrades client, as well as interest on unused margin amounts up to $1 million. ActivTrades pays interest on the average monthly free margin needs.