Investor Protection & Regulations
“ActivTrades is authorised and regulated by the UK Financial Conduct Authority (FCA), as well as the Securities Commission of the Bahamas for South American and non-EU Clients.”
ActivTrades is authorised and regulated by the UK Financial Conduct Authority (FCA) under ActivTrades PLC, as confirmed on the FCA register below:
ActivTrades is also regulated by the Securities Commission of the Bahamas under ActivTrades Corp. According to the broker, this entity is to further develop its South American market and cater for non-EU clients.
According to the broker’s website, ActivTrades offers further protection to clients by:
- Offering a negative balance protection policy.
- Holding client funds securely in segregated accounts.
- Offering additional insurance protection of client’ capital up to a fixed amount.
ActivTrades does not accept clients from the United States or Japan.
“ActivTrades offers trading on more than 500+ tradable assets across Forex, Indices, Shares, Commodities, ETFs, Cryptocurrencies on Options via CFDs and Spread Betting products.”
A wide range of asset classes and products are available to trade on with ActivTrades, across 50 Forex pairs, 23 Indices, 12 Commodities, 500+ Shares and ETFs, 4 Cryptocurrencies and 1 Options markets.
Below is a list of just some of the available markets for trading:
||Light Crude Oil
||iShares MSCI Emerging Market
||iShares MSCI Japan
|Bank of America
||iShares U.S Real Estate
||Vanguard Total World Stock
||Utilities Select Sector SPDR
* Details regarding the available assets are taken from the ActivTrader platform and are correct at the time of this review.
Trading costs such as spreads and commissions vary depending on the account type and trading platform being used which are both discussed further down this review. For example, according to the broker’s statement, the target spread on EUR/USD is 0.50 pips with an average spread of 0.66 pips with zero commission and no dealing desk intervention.
“ActivTrades offers three types of trading accounts, a Free Demo Account with instant access, an Individual Account and a Professional Account.”
ActivTrades offer a very simple account opening process for their Free Demo Account, Individual Account and Professional Account.
An Individual Account with ActivTrades allows traders access to all of the broker’s 500+ tradable asset classes on all three trading platforms MetaTrader 4, MetaTrader 5 and ActivTrader. There are further benefits to an Individual Account, such as:
- Negative balance protection.
- Enhanced client insurance on client funds.
- Direct execution as a non-dealing desk broker.
- Multiple account currency funding: EUR, USD, GBP, CHF.
- 24 hours a day, 5 days a week support.
- Various funding and withdrawal methods.
- Minimum account funding £500.
- ESMA restricted leverage limits.
The difference between an Individual and a Professional Account is that the latter will not be subject to ESMA restrictions, as shown below:
To open a live Individual Account users can simply click on the Open Account tab in the Accounts section from the broker’s homepage. From here, users are redirected to the broker’s account opening page:
After inputting name, email, password and telephone contact information, users are redirected to the next Account Holder page:
Users are then asked for their employment, savings and account funding details as well as their trading preferences:
After this, users are then asked details regarding their trading experience, as shown below:
If the broker is satisfied with your answer, then it will redirect to the next page called Declarations:
Then clients are asked to verify identity and address with the accepted documents listed below:
Users can also submit these at a later date. After clicking the submit button, users are then directed towards their ActivTrades Personal Area where they can view application statuses, funding methods, platform downloads, access to education and proprietary trading tools such as Smart Pattern and Smart Forecast.
For users who would like to open a Free Demo Account, it is very simple. By clicking on the ‘Try Free Demo’ link in the Accounts page users can open a free MetaTrader 4, MetaTrader 5 or ActivTrader account, as shown below:
In fact, by clicking Try Now, users can access a free ActivTrader demo account instantly with no registration required:
Deposit & Withdrawals options
“ActivTrades offers clients a variety of ways to fund their trading accounts such as bank transfer, credit/debit card, Neteller, Skrill, PayPal and Sofort.”
ActivTrades offers clients a variety of ways to fund their trading accounts with some methods commission-free and some taking as little as 30 minutes:
Deposits and withdrawals can be made directly from the ActivTrades Personal Area.
Web & Desktop Trading Platforms
“Clients of ActivTrades have access to the globally-recognised MetaTrader 4 and MetaTrader 5 trading platforms, as well as the broker’s proprietary advanced ActivTrader platform with all accessible on Web and Desktop on Windows and Mac.”
ActivTrades offers traders the ability to trade on a variety of trading platforms that can be easily accessed from the secure ActivTrades Personal Area:
ActivTrades MetaTrader 4 and MetaTrader 5
The MetaTrader suite of trading platforms are the world’s most commonly used. However, there are some differences between MetaTrader 4 and MetaTrader 5. For example:
MetaTrader 5 gives users access to an economic calendar directly from the platform whereas MetaTrader 4 does not. There are also more timeframes and order types available on the MetaTrader 5 platform, as shown in the table above.
While there are many similarities between each of the MetaTrader platforms offered by ActivTrades (as shown below), the biggest difference is the fact that traders can trade on Share CFDs with MetaTrader 5:
ActivTrades ActivTrader Platform
The broker’s ActivTrader Platform offers the ability to trade via Web Browser and with no downloads necessary. The platform itself offers one-click trading, a variety of timeframes and a large selection of different technical trading indicators.
There are also some advanced features of the platform as detailed on the broker’s website:
All the trading platforms on offer provide unique advantages to both beginner and professional traders, as the MetaTrader suite of trading platforms are the world’s most popular method of trading the financial markets.
However, the ActivTrader platform seems fast and simple to trade with. The use of a demo trading account is useful for traders to test out the ActivTrader platform, of which a screenshot is shown below:
Mobile Trading Platforms
“ActivTrades offers traders the ability to trade on the MetaTrader 4 and MetaTrader 5 mobile trading apps, as well as on the ActivTrades Online Trading App for iOS and Android operating systems.”
ActivTrades clients can download the MetaTrader 4, MetaTrader 5 and ActivTrades Online Trading apps through the Apple App Store or Google Play Store for Android. Users can also trade on these mobile trading apps through iOS or Android tablets.
The ActivTrades Online Trading app allows users to trade on multiple asset classes such as Forex, Indices, Shares, Commodities and Cryptocurrencies. The app also allows users to open positions directly from real-time charts, create personalised watchlists and access advanced order functionalities such as partial close and trailing stop-loss orders.
Users can also access different options from the ActivTrades app such as account information, deposits, withdrawals and live chat:
Users can also access interchangeable dark/light themes as well as advanced order functionalities such as progressive trailing stop and pullback entry:
“ActivTrades offers an array of proprietary trading tools for both the MetaTrader 4 and MetaTrader 5 trading platforms such as Smart Order, Smart Forecast, Smart Pattern and more.”
Clients trading with ActivTrades are offered an array of unique proprietary trading tools for both the MetaTrader 4 and MetaTrader 5 trading platforms. These include:
- Smart Order. This feature extends the functions of MetaTrader 4 by allowing users to open and close positions with a single click, place OCO orders or scheduled closure of your positions by equity or by a specific date.
- Smart Lines. This add-on allows traders to automate orders on trend lines set by the user.
- Smart Forecast. This tool indicates probably price changes and gives the trader estimates for different price objectives.
- Smart Pattern. This MetaTrader 4 add-on automatically detects chart patterns and scans historical data to generate detailed statistics about potential upcoming market movements.
These are just a few of the Smart Tools available with ActivTrades. However, some are only available to live account holders but can be accessed through the ActivTrades Personal Area:
Commissions & Spreads
“Trading costs with ActivTrades vary depending on the market being traded but very transparent. For example, all non-Share CFD markets are commission-free to trade on, and some even have no overnight fees. As the broker operates a no dealing desk model (STP) the costs come from a mixture of spreads, swaps and commissions on certain asset classes.”
ActivTrades offers traders a very competitive pricing model as trading on Forex, Indices, Commodities and Cryptocurrencies is commission-free. There are additional benefits and varying spreads which are detailed below for each asset class.
ActivTrades offers commission-free trading on Forex pairs and users can trade with mini and micro-lots. Fees to hold trades overnight (swaps) and average spreads information can be found on their website.
ActivTrades offers commission-free trading on Indices, as well as no overnight fees. Target spreads information can be found directly on their website:
ActivTrades offers commission-free trading on Commodities, as well as no overnight fees. Target spreads information can be found directly on their website:
ActivTrades offers commission-free trading on Cryptocurrencies, with fees for holding trades overnight (debited for long positions, credited for short positions). Target spreads information can be found directly on their website:
There are various fees associated with Share trading with ActivTrades, as detailed on the broker’s website:
Short positions held overnight will be credited with swaps using the 3-month interbank rate minus 1%. Long positions held overnight will be debited with swaps using the 3-month interbank rate plus 1%.
Bonus & Promotions
“ActivTrades clients with accounts regulated by the UK Financial Conduct Authority are offered no bonuses or promotions due to ESMA rules. Clients with accounts regulated by the Securities Commission of the Bahamas are offered a cashback and refer-a-friend bonus promotions.”
Due to ESMA rules accounts opened with the branch of ActivTrades regulated by the UK Financial Conduct Authority are offered no bonus or promotion offers.
However, accounts opened with the branch of ActivTrades regulated by the Securities Commission of the Bahamas are currently offered two bonus promotions: Cashback and Refer-a-Friend. As bonuses and promotions can change over time, more details can be found on the ActivTrades Bahamas website:
“ActivTrades offers 24 hours a day, 5 days a week support through a variety of mediums including Live Chat, Call Back, FAQs, an Online Enquiry Form and LogMeIn rescue for multiple languages.”
ActivTrades offers customer support 24 hours a day, 5 days a week through Live Chat, an online Call-Back form and an online Enquiry Form for multiple languages including English, French, German, Italian, Spanish, Portuguese, Chinese, Chinese (Traditional), Russian, Bulgarian and Arabic.
After clicking on the Live Chat icon to speak to an operator, one was available in just seven seconds. The operator was helpful when asking questions regarding their services. At the end of the chat, you are offered a chat transcript to be emailed to you as well as comments and a rating on their service.
- Address: ActivTrades PLC, 1 Thomas More Square, London E1W 1YN, UK
- Main: +44 (0) 207 6500 500
- Support Desk: +44 (0) 207 6500 567
Clients can also book in one-to-one coaching to help with platform orientation and the advanced trader tools offered by ActivTrades.
“ActivTrades offers limited research tools such as an Economic calendar from their website, brief analysis and research articles in the Personal Area (which are outdated) and a Market Status section which provides alerts from their unique Smart Tools package (which is current).”
From the ActivTrades Personal Area traders can access brief analysis and research articles across a variety of different markets:
Unfortunately, the most recent articles are dated in 2018 which is one year behind the time of this review. But, the Market Status section is live and much more up to date. This section provides alerts from the ActivTrades unique Smart Tools package.
Users can filter across three tools, as shown below:
“ActivTrades offers some trader education material but this is mainly around how to use MetaTrader 4, MetaTrader 5, the Smart Tools package and the ActivTrader platform. However, there is a Webinar archive with videos around learning to trade such as using indicators and risk management principles.”
Clients of ActivTrades have a wide variety of educational videos and PDFs on using MetaTrader 4, MetaTrader 5, the Smart Tools package and the ActivTrader platform.
There is also a large library of trading handbooks which cover how to download and use the different trading platforms that ActivTrades offers:
However, users can access the ActivTrades Webinars archive which covers more trading related topics, as shown below:
“ActivTrades offers simple, transparent and competitive trading accounts across a variety of asset classes and on a variety of trading platforms which come with a large library of supportive videos and handbooks.”
From our observations, the ActivTrader offering provides a wide range of products and tools that are suitable for both beginner and advanced traders. The three main types of trading accounts, Demo, Individual and Professional give users a full range of commission-free and commission-based trading with.
Longer-term traders will enjoy the fact some markets have no overnight costs, as well as the large Share CFD offering. Shorter-term traders will enjoy the commission-free trading and non-dealing desk execution model.
While the research tools are limited, the Smart Tools package for MetaTrader will benefit both beginner and advanced traders. The ability to use this on the world’s most recognised trading platforms, MetaTrader 4 and MetaTrader 4 is also helpful. However, the ActivTrader platform will also be enjoyed by different traders due to the fact it is simple to use and easy to access across Windows, Mac, Android or iOS.
Is ActivTrades regulated?
Yes, ActivTrades is regulated by the UK Financial Conduct Authority (FCA) and the Securities Commission of the Bahamas.
Where is ActivTrades based?
The ActivTrades head office is based at 1 Thomas More Square, London E1W 1YN, United Kingdom.
How does ActivTrades make money?
ActivTrades primarily makes money through spreads, swaps and commissions on certain tradable asset classes.
How do I deposit in ActivTrades account?
Funds can be deposited into a trading account via bank wire transfer, credit/debit card, Neteller, PayPal and Sofort.
What is the min. deposit for ActivTrades?
The minimum deposit to open a trading account is £500.
How do I withdraw money from ActivTrades?
Withdrawals can be made from ActivTrades through the Personal Area and can be done via bank wire transfer, Neteller, Skrill and PayPal, among others.
What is the max leverage in ActivTrades?
The maximum leverage offered by ActivTrades is 1:400 for Professional clients.
How do I open an account with ActivTrades?
An account can be opened at the click of a button on the ActivTrades website and can be done in just a few steps.
Does ActivTrades use MetaTrader?
Yes, ActivTrades does offer MetaTrader 4, MetaTrader 5 and the MetaTrader mobile trading app.
“ActivTrades offers more than 500+ tradable asset classes across Forex, Indices, Commodities, Cryptocurrencies, Shares, ETFs and Options via CFDs and Spread Betting. Traders can use the globally recognised MetaTrader platforms with ActivTrades unique Smart Tools package for advanced trading, or the brokers own ActivTrader platform.”
ActivTrades offers traders the ability to trade on more than 500+ tradable asset classes across Forex, Indices, Commodities, Cryptocurrencies, Shares, ETFs and Options via CFDs and Spreadbetting. The broker offers strong regulation from the UK Financial Conduct Authority (FCA) with negative balance protection policies, segregated funds and enhanced protection for the safety of clients.
While the broker operates a no-dealing desk execution model each asset class has different associated fees. For example, all asset classes, apart from Share CFDs, are commission-free, and some of these asset classes even have no overnight fees. ActivTrades offers three types of trading accounts: an Individual Account, a Professional Account and a Free Demo Account.
Users have the ability to trade on the world’s most recognised trading platforms MetaTrader 4 and MetaTrader 5, as well as on ActivTrades own proprietary trading platform ActivTrader. MetaTrader users benefit from the broker’s own Smart Tools package which allows for advanced trading orders, pattern recognition indicators and much more.
- Regulated by the UK Financial Conduct Authority (FCA) and the Securities Commission of the Bahamas.
- Negative balance protection policy, segregated client funds and enhanced insurance protection for safety of client funds.
- More than 500+ tradable assets across Forex, Indices, Commodities, Cryptocurrencies, Shares, ETFs and Options via CFDs or Spread Betting.
- Wide range of trading platforms such as MetaTrader 4, MetaTrader 5 and ActivTrader for use on Windows, Mac, Android and iOS, with some advanced additional add-ons such as the Smart Tools package.