ActivTrades Review 2018

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ActivTradesReview

ActivTrades Review

Founded in 2001 by Alex Pusco in Switzerland, ActivTrades is an international brokerage firm that specializes in providing online trading services for forex, CFDs and spread betting. The parent company, ActivTrades PLC, has its head office located at #1 Thomas More Square, London E1W 1YN, United Kingdom. With its offering of tight spreads with 5 decimal pricing and superior customer service, ActivTrades has become extremely popular among traders in the online trading community. With its regulated status, traders can rest assured that their investment will be safe with this broker.

ActivTrades Regulations

Based in London, UK, ActivTrades comes under the jurisdiction of the UK’s Financial Conduct Authority (FCA). This means the broker operates under strict regulatory requirements with respect to how it handles its clients’ funds. In addition as a regulated entity of the FCA, ActivTrades’s traders are covered under the Financial Services Compensation Scheme (FSCS). In the event, the broker faces insolvency issues, ActivTrades enhanced insurance as an excess of the FSCS up to £1 000 000. In addition, being regulated by the FCA, ActivTrades is also regulated by the Dubai Financial Services Authority.

ActivTrades Reliability

In recognition of the high-quality services which ActivTrades has provided, the industry has awarded them with numerous awards. For example, ActivTrades was recognized by ADVFN International Financial Awards in 2018 as providing the “Best Online Trading Services. For example, ActivTrades has been recognized by Le Fonti Award 2011 as the “Best Forex Broker in Italy”. It has also been named by Share Magazine in 2017 as the broker providing the “Best Online Trading Services”. The broker also won the ADVFN International Financial Awards 2017 for the category of Best Online Trading Services.

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ActivTrades Trading Platforms

ActivTrades offers 3 main types of trading platforms namely the proprietary ActivTrader, the MetaTrader 4 platform, and MetaTrader 5 platform. The ActivTrader is a web-based platform that can be accessed with any web browsers. The platform comes with an intuitive user interface and is packed with all the features that will even satisfy the most discerning experienced trader. For example, there is a library of more than 90 technical indicators that will enable any traders to take their market analysis to the next level. The platform also allows you to add multiple charts and access to TradingView’s advanced charting solutions.

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Apart from the ActivTrader platform, there are also the MetaTrader 4 (M4) and MetaTrader 5 (MT5) trading platforms. Powered by MetaQuotes Software, the MT4 and MT5 platforms are the most popular online trading platforms adopted by the online trading Industry. Suitable for spot forex trading and CFDs trading, the platforms are simple enough for beginner traders to understand and advanced enough for experienced traders to take their trading activities to the next level. The platforms come with features such as one-click trading, multiple language support, built-in programming language (MQL4 and MQL5), support for multiple order types and automated trading. It also comes integrated with a comprehensive charting package with can be overlaid with a large selection of technical indicators.

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ActivTrades Mobile Trading

To cater to an ever-increasing mobile capable trading community, ActivTrades has also made all their trading platforms available for smartphones and tablets as mobile trading apps. These apps can be downloaded from Google Playstore or Apple App Store depending on whether it is an Android or iOS device. The mobile trading apps are optimized for the small screen of smartphones and tablets and enable you to check and manage your trading account directly from the palm of your hand. It also lets to transfer funds or execute trades just like its desktop counterpart.

ActivTrades Trade Types/Instruments

In terms of trade types, ActivTrades offers spot forex trading, CFDs trading on commodities, market indices, cryptocurrencies, bonds and international shares. For UK based clients, they also have the option to spread bet on forex, commodities, indices, and stocks.

Coverage of the markets by ActivTrades is quite extensive covering major currency pairs, precious metals, a wide range of soft commodities such as wheat and energies, popular cryptocurrencies such as  Bitcoin, Litecoin, and Ethereum. You can also trade in major market indices such as the Dow Jones, the Nikkei 225 and FT100. Share trading covers the UK stock market, the US stock market, and European stock market. There is also a wide selection of ETFs which you can trade at ActivTrades covering major sectors such as healthcare, energy, financials, Industry, Real Estate, and Technology.

ActivTrades Account Types

For trading accounts, ActivTrades offers 3 main types of accounts, Individual trading account, Professional Trading account, Corporate account and an Islamic account which follows Shariah principles for Swap free trading. Additionally, you can open a demo account for practice trading which gives you one-month free access to all Activtrades products.

Here are the details for the main two retail accounts:

Individual Trading account

  • Micro and Mini lot trading
  • Balance Protection
  • Funds insured under FSCS requirements
  • Direct Trade execution

Professional Trading account

  • Geared towards large volume traders
  • Specific criteria must be met to be able to qualify

ActivTrades Commissions & Spreads

At ActivTrades, the forex trading is commission free as for the bulk of CFDs traded. Instead of commissions, traders have ActivTrades have to pay a spread on the trades executed. Nevertheless, ActivTrades offers competitive spreads hence making the broker one of the most cost-effective brokers around in the industry. To give you an idea of the typical spread that you will find at ActivTrades, we have compiled a table below showing the average spread which you can expect for the majors.

Instrument Target Spreads (in pips)
AUD/USD 0.75 PIPS
EUR/CHF 1.40 PIPS
EUR/GBP 0.95 PIPS
EUR/JPY 1.13 PIPS
EUR/USD 0.50 PIPS
GBP/USD 0.92 PIPS
NZD/USD 1.30 PIPS
USD/CAD 1.66 PIPS
USD/CHF 1.105 PIPS
USDJPY 0.50 PIPS

ActivTrades Deposits & Withdrawals Options

As a convenience to its traders, ActivTrades supports several types of payment options for the funding of accounts as well as the withdrawal of funds. For deposits, the main methods are:

  • Bank wire transfer (SEPA & Non-SEPA)
  • Credit/debit cards
  • Neteller
  • Skrill
  • Sofort

For withdrawals, the following methods are supported by ActivTrades:

  • Bank wire transfer (SEPA & Non-SEPA)
  • Credit/debit cards
  • Neteller
  • Skrill

Withdrawal charges depend on the method used. For credit/debit cards, Skrill, Neteller and SEPA transfer, there are no charges. For Non-SEPA transfer, a fee of 15€ / 15£ is applicable.

ActivTrades Bonus & Promotions

At present, ActivTrades is not offering any kind of bonuses or promotional offers.

ActivTrades Customer Support

For customer support, ActivTrades offer support through email, live chat, request form and the telephone. There is also a comprehensive education center that traders can refer to for trading resources such as articles, training videos, seminars, webinars and educational manuals.

Pros and Cons

Pros

  • 400:1 leverage ratio
  • Award-winning broker
  • Low spread
  • Multiple choices of trading platforms
  • Regulated Broker

Cons

  • Trading accounts limited to two choices
  • No localized support for Asian traders

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ActivTrades Q&A

  • Is ActivTrades regulated?

Yes, ActivTrades is regulated by the UK’s Financial Conduct Authority (FCA) and by the Dubai Financial Services Authority

  • Where is ActivTrades based?

ActivTrades is located in the UK and their head office is located at #1 Thomas More Square, London. In addition, ActivTrades have additional offices in Milan, Dubai, and Sofia.

  • How does ActivTrades make money?

ActivTrades makes its money by charging its clients a spread on the trades that they made.

  • How do I deposit in ActivTrades account?

You can deposit into your trading account through bank transfer, credit/debit cards and through eWallets such as Skrill and Neteller.

  • How do I withdraw money from ActivTrades?

Withdrawals at ActivTrades can be done through bank wire transfer, credit/debit cards, Skrill and Neteller.

  • How do I open an account with ActivTrades?

In order to open an account at ActivTrades, you need to fill up the registration form and provide all the necessary documentation for identity and address verification.

  • Is ActivTrades reliable?

Yes, ActivTrades is a reliable broker. It has won numerous awards in recognition of its high-quality services since 2011.

  • Does ActivTrades use MetaTrader?

Yes, ActivTrades also uses the MetaTrader platforms in addition to the proprietary ActivTrader.

  • What is ActivTrades leverage?

The maximum leverage offered by ActivTrades is 1:400.

  • Is ActivTrades a scam?

No, ActivTrades is not a scam. It is a legitimate broker regulated by the FCA.

  • How safe is ActivTrades?

ActivTrades is a safe broker as it adheres to strict regulatory guidelines and industry best practices.

Conclusion

With an operational history dating as far back as 2001, ActivTrades is more than qualify to render top quality services.  They have also shown that their clients are important to them by providing comprehensive customer and educational support. The spreads that they offer are also competitive although they seem to lack choices with regards to their trading accounts. Nevertheless, with ActivTrades, you can rest assured that you will have a fulfilling trading experience with this broker.

ActivTradesOverview

Company Information

Broker DetailsInfo
Regulated byFCA
Headquarters CountryUnited Kingdom
Foundation Year2001
Publicly TradedNo
Number Of Employees200

Deposit Options

Credit Card, Neteller, Skrill, Sofort, Wire Transfer

Withdrawal Options

Credit Card, Neteller, Skrill, Wire Transfer

Trading Account Options

Account TypeInfo
Min. Deposit$0
Max. Leverage1:400
Mini AccountYes
Demo AccountYes
Premium AccountYes
Islamic AccountYes

ActivTrades Trading Features

Suitable For

Trader LevelYes/No
BeginnersYes
ProfessionalsYes
ScalpingYes
Day TradingYes
Weekly TradingYes
Swing TradingYes

Customer Service

TimeYes/No
24 Hours SupportYes
Support During WeekendsNo

Customer Support Languages

Arabic, Bulgarian, Chinese, Dutch, English, French, German, Hungarian, Italian, Portuguese, Russian, Spanish

Trading Services

ServiceInfo
Supported Trading PlatformsActivTrader, MT4, MT5
Educational ServiceYes
HedgingYes
Trailing SP/TPYes
Automated TradingYes
Cryptocurrency CoinsYes

Supported Instruments

Instrument TypeYes/No
CurrenciesYes
CommoditiesYes
CFDsYes
IndicesYes
ETFsYes
StocksYes
CryptocurrenciesYes

ActivTradesUser Reviews

Rate this broker
  • 5.0
    Perfect Broker for scalping EURUSD and USDJPY
    Praveen Kumar
  • 5.0
    Perfect Forex Trading
  • 4.0
    Regulated by the UK’s Financial Conduct Authority
    Harry Parker
  • 5.0
    Very Low Spreads
    William Payne
  • 4.0
    24/5 Customer Support
    James Summers
Read More ActivTrades User Reviews

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