Our experts found the ActivTrader mobile app to be intuitive and easy to navigate. Positions can be opened and closed in seconds and there is a decent level of account management and analysis supported. In conclusion, ActivTrades has built a great reputation over the years, and its user ratings reflect this. The broker offers great customer service, top-notch educational resources, and competitive spreads.
If you’re interested in comparing ActivTrades against other popular brokers in the industry, check out our ActivTrades Vs pages. Our team has compiled a series of detailed ActivTrades comparison articles, pitting the ActivTrades platform against some of the best-rated ActivTrades competitors in the market. Dive into our activtrades review informative ActivTrades Vs pages below to find out how ActivTrades stacks up against other leading brokers. Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
We reached out to the broker’s customer support team to resolve the challenges we faced. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. The company offers well-known industry platforms MetaTrader 4 and MetaTrader 5, plus its ActivTrader terminal. ActivTrades offer customer support in multiple languages, 24/5.
However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. A minimum deposit is the minimum amount of money required by ActivTrades to open a new online brokerage account with them.
- I was lucky enough to take the chance to learn and practice with a mentor so that after 2 months I could enter the market on my own and not “drain” my budget like a newbie.
- This means that you cannot lose more than the balance of your account, even in volatile market conditions.
- A financial asset is any security or asset that has financial value attached, tangible or intangible.
ActivTrades provides its clients with different trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. This ensures traders are able to trade using Expert Advisors, or Robots as they’re more commonly referred to. Either those they have bought, or created themselves using a program like EA Studio. Traders can access the platforms through the web, mobile devices, or by downloading the software on their desktops.
ActivTrades Review 2024
Any payments funded to ActivTrades accounts by traders are held in a segregated bank account. Tier 1 is the official measure of a bank’s financial health and strength.Trading with ActivTrades is risky, and because the market is so volatile, losses could happen at any time. Do not invest with ActivTrades unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Equally enticing is ActivTrades’ exposure to indices, allowing traders to invest in collective market movements. For those with an eye on the future, the broker does provide opportunities to delve into cryptocurrency trading, embracing the digital currency evolution. In the bustling realm of financial brokerage, ActivTrades emerges as a particularly worthy contender for those desiring an amalgam of simplicity and precision. With a user-centric platform, ActivTrades is designed for traders who seek a hassle-free interface for executing trades, eschewing excessive bells and whistles. Andrew has a well-established career in fintech and came up with comparebrokers.co to make
trading on financial markets more transparent and accessible.
ActivTrades Guide – Read our In Depth 2024 ActivTrades Review
ActivTraders also offers a selection of leading trading platforms, including MT4, MT5, TradingView and ActivTrader platforms. Negative balance protection is important for traders using leverage on platforms like ActivTrades. In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a ActivTrades trading position does not go in your favour, this is where negative balance protection comes in handy. MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF’s on the ActivTrades MetaTrader 4 (MT4) trading platform.
ActivTrader
This provides traders with convenient and secure options to deposit and withdraw funds from their accounts. IOS, Android Traders who prefer to trade on-the-go can use ActivTrades’ mobile trading platforms, which are compatible with iOS and Android devices. This allows traders to monitor their positions, place orders, and manage their accounts from anywhere, anytime. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. ActivTrades offers a demo account where users can test their skills with £10,000 in virtual funds.
Does ActivTrades offer a demo account?
The Standard account requires a minimum deposit of US$1,000. The two accounts offered by ActivTrades charge a spread on trades with zero commission. 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. ActivTrades offers more company shares than the likes of Pepperstone and XTB.
Additional Features
ActivTrades is a global retail and institutional broker that has been around since 2001. In this ActivTrades Review blog post, we will explore ActivTrades in-depth and help you decide whether it is the right broker for you. ActivTrades does certainly not lie about their spreads being as narrow as possible.
Stop-loss orders are a popular risk management tool traders use on platforms such as ActivTrades . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position. Using Autochartist can save ActivTrades users time and makes the trading process more efficient. However, if you’re looking for a broker that does offer cTrader, you can explore other options available through the provided link. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Primarily ones in the UK, but also Portugal and other mentioned countries. Our readers can find in this ActivTrades review all the benefits and downsides of investing with this long-time ago established broker. Since 2001 they are building their reputation as a trusted and reliable broker. Now I am passionate about reviewing and comparing forex brokers. Traders also have access to a demo account where they can practice trading and test their strategies. We found the ActivTrader platform to be best suited to manual traders, while traders who use automated strategies might prefer the MetaTrader 4 & 5 platforms, which are a better fit.
Positions can be opened in just a few clicks on each of the trading platforms. Investors will usually need to enter the number of lots they wish to trade, as well as set any advanced order types such as take profit or stop loss. The FCA dictates that brokers like ActivTrades must treat their customers fairly and this includes having a formal complaints procedure. The Financial Services Compensation Scheme will compensate eligible clients up to £85,000 for an investment firm that has failed. ActivTrades provides negative balance protection to its retail clients with its Balance Protection Policy.
Even if an ActivTrades trader experiences a significant loss, they will never owe more money than what is available in their ActivTrades account balance. It’s essential to remember that the payment methods provided by ActivTrades vary based on the ActivTrades entity and the ActivTrades client’s country of residence. To view the ActivTrades payment options available, you can log into your ActivTrades member’s area. ActivTrades Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily.