ActivTrades does not charge withdrawal fees; however, third-party fees may apply. The broker strives to always offer their clients transparency, reliability, and safety. Therefore, the company’s management team is highly experienced in the financial industry and is committed to providing excellent customer service. Some of the reviews mention that ActivTrades customer service agents are readily available to assist traders with any questions or concerns through live chat, email, or phone. Moreover, ActivTrades prioritizes client fund security by maintaining segregated accounts, ensuring a distinct separation from the company’s operational funds.
For Share CFDs, you will be charged trade commissions, however, and these depend on your locality. For example, for residents from Europe (excluding London), commission fees are 0.01% of the transaction value, (€5 minimum commission) or 0.05% of the transaction value (€1 minimum commission). ActivTrades, a prominent figure in the brokerage industry, offers a diverse range of platforms to cater to its clientele’s varied needs and preferences. These platforms range from widely recognized third-party solutions to their in-house developed platform.
Their website also shows stamps for a strong selection of awards they have been given for their services, over the years. ActivTrades is committed to delivering high-standard customer support. It has a 95% customer satisfaction rate and is known for having one of the fastest email response times in the industry, with an average of just 27 minutes. By 2008 it added CFD trading on financials, indices as well as commodities. In 2009, the company landed a weekly slot on CNBC, the popular American news channel. ActivTrades is regulated by SCB, FCA, CSSF The company’s Negative Protection Balance Policy was set in motion in 2013.
If you miss a particular webinar in the schedule, there is an archive section where you can easily catch up. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. ActivTrades does not give you access to trading actual stocks, only stock CFDs.
- Another disadvantage is that the broker operates an offshore entity and there are limitations on currency types allowing only major currency funding.
- ActivTrades Corp is a subsidiary of ActivTrades PLC, authorized and regulated by the UK Financial Conduct Authority (FCA).
- Due to the fact that MT4 is an old and super popular platform, it has the largest pool of custom-made robots and technical indicators.
- By clicking on that button, you’ll be sent to the application page.
However, through scouring the terms and conditions, we discovered that most traders will not qualify as you need to trade over $50m in notional value. With most assets, the cost of trading is factored into the variable spread (the difference between the bid and ask price) or flat commission. For forex, index and commodity products, ActivTrades imposes a markup on the spread rather than a commission. Spread fluctuation can depend on the time of day and overall market liquidity and volatility, so be aware that real-time spreads are often higher than the target spreads. It’s my first forex broker and I have no prior experience in this.But already judging by the client support and the way the company treats beginners I can say that this is a top caliber broker. Various trading apps increase connectivity between traders and financial markets.
ActivTrades fees compared to IG fees
However, be informed that deposits made by debit/credit cards are charged a 1.5% fee and withdrawals through bank transfer are charged 9 GBP per request. This Forex broker was established in 2001 and since its creation has managed to expand its customer base to more than 140 countries. The list includes Forex pairs, indices, commodities, ETFs, and over 1,000 share CFDs. The broker offers access to the MetaTrader platform as well as in-house-built ActiveTrader software. The minimum deposit that ActivTrade requires to get started on the live account is 1,000 Euro. This is not cheap, and definitely above the average minimum that most brokers offer.
ActivTrades Broker Review – Broker with the best fees on Major pairs
The live chat function is particularly useful with efficient and informative agents to cover most queries. For withdrawal problems, the customer support email address or live chat are the best forums to discuss any issues. For UK-based clients, there is a low commission of 0.5 pips on spread betting. Shares are available at 0-0.1% commission of the transaction value, with minimums ranging between 1 USD to 5 EUR.
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. Our experts found out that the broker has fully regulated status by the reputable FCA, so traders can be assured their investments are safe and considered low-risk Forex trading. The broker has been actively improving its services through the years and has been able to establish a reputation as a trusted and reliable company to cooperate with. Utilizing a spread-only model for certain accounts, ActivTrades allows traders to engage in forex and CFD trading without being burdened by additional trading fees. ActivTrades offers competitive forex spreads as low as 0.5 pips on the EUR/USD and USD/JPY and 0.8 pips on the GBP/USD.
Mastering Technical Indicators: A Guide to Knowing When to Enter a Forex Trade
From there, it grew into an international brokerage, presently catering to traders from over 140 countries. With its origin as a Forex broker, it expanded and now maintains over 1,000 CFDs across six categories. Technology fulfills a critical role at ActivTrades, as evident in intensive investment in the trading infrastructure and its development team in Bulgaria. It is a reputable and regulated brokerage firm with years of experience in the industry. In addition to FCA regulation, ActivTrades is also regulated by the Securities Commission of The Bahamas, with license number SIA F217. This enables the company to offer its services to clients in other countries.
ActivTrades and its Regulation in the EU
The Financial Services Compensation Scheme will compensate eligible clients up to £85,000 for an investment firm that has failed. ActivTrades’ processing times are 30 minutes for all deposit methods, apart from a bank transfer, which may take longer, though it is still processed on the same working day. Note that these are the broker’s processing times and that banks and payment providers may have separate delays.
Whereas MT5 enables choosing between USD, EUR, GBP, and CHF account currencies. Everyone can agree that the most important aspect to look for in a broker is safety and security. There are a couple of indications that can tell whether your broker can be trusted or not. The VIX, often called the “fear gauge,” is a volatility index representing the stock market’s expectations of volatility over the next 30 days. Remember that software’s past performance does not ensure future results and you may lose some or all of your invested capital.
I Do Not Speak English: Can I Still Access ActivTrades Customer Support?
The platform features an intuitive interface, yet provides cutting-edge functionalities for experienced traders of all trading styles with access to more than 90 technical analysis indicators. ActivTrades fees depend on the account type you use but are mainly built into a spread. The broker doesn’t charge commissions for deposit and withdrawal fees and has low non-trading fees. The brokerage is prominently known for its forex trading capabilities, with a vast array of currency pairs available for trading, from major to exotic.
Currency pairs are acceptably priced and remain free of commissions. To open an ActiveTrade Forex Trading account, visit the ActiveTrade website and follow the opening process. However, Activtrades don’t allow residents of the United States and Canada to trade with them due to regulatory restrictions. 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.
The firm has extensive training and education courses via webinars. Free content is available at all levels from fundamental principles to advanced activtrades forex review trading theories. The broker also offers one-to-one training with industry experts on how best to use the ActivTrades platforms and tools.
