Though the broker’s Trust Score of 81 (Trusted) is respectable, it holds fewer regulatory licenses than the most trusted brokers in our database. Research at ActivTrades primarily consists of an assortment of articles available within its analysis portal, including its Weekly Outlook series, as well as Market Analysis and Macro Analysis articles. ActivTrades’ research content balances detail with ease of reading, though it’s not yet at the level of the best brokers for research. Though I found that ActivTrades has a good balance of research content, the quantity of content trails behind what you find with the best forex brokers. While testing the ActivTrader platform, I found some intriguing tweaks to order types. I liked that the platform’s Progressive Trailing Stop makes a regular trailing stop even more dynamic with an additional parameter that modifies the original stop distance.
Spreads & Commissions
ActivTrades is a well-regulated broker offering a popular range of trading options, including Forex, CFDs, cryptocurrencies, and more than 1,000 instruments in total. The broker offers a versatile enough selection of forex markets, quoting prices for 56 currency pairs. Stocks account for the most substantial portion of the ActivTrades product lineup as the broker provides hundreds of share CFDs. More sophisticated instruments like bonds and exchange-traded funds (ETFs) are available to traders from most accepted countries. The selection of cryptocurrencies is modest, covering a dozen or so of the most popular digital coins. Regarding trading platforms, ActivTrades offers a good selection, including its proprietary ActivTrader platform, alongside popular platforms such as MT4, MT5, and TradingView.
Spreads
The availability of individual and professional accounts provides flexibility for traders with different levels of experience and trading needs. The activtrades forex client’s area provides traders with all the necessary tools and resources for successful trading in the financial markets. Its user-friendly interface and access to educational materials, analytics, and support make ActivTrades an attractive choice for traders of various experience levels. The brokerage is prominently known for its forex trading capabilities, with a vast array of currency pairs available for trading, from major to exotic.
Demo Account
ActivTrader covers the most popular asset classes available as CFDs, including popular indices, forex pairs, ETFs, commodities, bonds, and cryptocurrencies, across its platform and account types. ActivTrades enables onboarding customers to test the waters risk-free by opening demo accounts that closely replicate conditions in the live trading environment. The accounts are suitable for beginner and seasoned traders, allowing them to acquaint themselves with the software and test new strategies without limitations. As the demo environment is fully aligned with real market conditions, traders can test their strategies without restrictions. Setting up a demo account is hassle-free, as you must select your preferred platform, base currency, virtual balance, and leverage ratio.
- Like CFDs, forex trading is executed on a spread basis, eliminating the necessity for separate commissions or fees.
- ActivTrades provides a range of powerful research tools to help traders stay informed and make informed decisions.
- Below are the average spreads and swaps of ActivTrades for some currency pairs.
Access to the globally recognized MT4 and MT5 platforms as well as the broker’s ActivTrader solution, means investors of all ability levels are catered for. ActivTrades customers can monitor the markets regardless of time and place since all supported platforms are compatible with mobile devices. The dedicated ActivTrader app is quite appealing with its intuitive interface and abundant features. The native app delivers an equally robust trading experience as the desktop version. It works superbly on Android and iOS devices and offers a plethora of advanced functionalities, including market sentiments, Trailing Stop orders, and personalized watchlists. Consult the table below for further information on the native ActivTrader app.
- It enables traders, including those registered with ActivTrades, to learn from more experienced, like-minded traders.
- Since some traders are prohibited from paying or receiving swaps due to religious beliefs, ActivTrades offers an Islamic Account option to residents of certain countries.
- Charting remains detailed, and asset search is fast, making it easy to react to markets on the go.
- The Individual Account is designed for retail traders, offering access to popular trading instruments.
Trading Hours
The broker sources liquidity from third-party providers to determine its price quotes and manage risk. ActivTrades proceeds to explain in its execution statement that it relies on external liquidity providers to minimize its risk exposure through hedging. Islamic accounts are available only to customers onboarding from 13 countries. Registering a live account is a streamlined process that requires no more than several minutes to complete if you have prepared all verification documents beforehand. Verification usually takes several hours to one business day, depending on the relevant department’s workload. Once the broker confirms your identity, you can add funds to your live balance via bank transfer, card, or a supported e-wallet.
Minimum Deposit
The ActivTrader platform is easy to use, thanks to its minimalist design and layout, making it suitable for beginners who might be intimidated by more complex trading software. I’d also mention that ActivTrades hasn’t yet developed a full educational video offering, which you typically find with the best brokers for beginners. ActivTrades offers platform tutorials and a good selection of archived webinars, but the lion’s share of the broker’s educational content consists of 70+ articles found in its Macro Analysis section. It’s worth noting that these articles, including examples such as “Understanding Oil Benchmarks,” were organized as research content – not as educational resources. Such topics could benefit from being organized into a new educational section. Until then, the Learn to Trade section makes up the remaining core of ActivTrades’ educational resources.
Traders from Brazil will have the opportunity to trade non-deliverable forwards that are otherwise unavailable at the EU, UK, and offshore entities. NDFs allow ActivTrades clients to speculate on the price fluctuations of assets like currencies, commodities, and indices. ActivTrades broker has tight spreads, which makes trading more accessible, but swaps are relatively high.
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. HelloSafe.ca offers site visitors information on insurance and personal finance products in compliance with applicable laws. The content contained on the HelloSafe.ca website is for information purposes and does not replace that of professional advisors. Although continually updated, the information here may differ from what appears on the providers’ sites. ActivTrades has dedicated an entire section of its website to learning and education, demonstrating a strong focus on helping clients improve their financial knowledge.
Unlike many other brokers, ActivTrades does not impose an expiration date on its demo accounts, allowing customers to test their strategies for as long as they wish. Since the demo version replicates the same market conditions as live trading, you can engage in real-time simulations that show how your trades would have performed had you used real money. A demo account allows beginners and experienced traders to test trading strategies and platforms without risking their funds. It provides virtual funds for trading and simulates actual market conditions. The broker also offers a good selection of educational materials and trading tools, which further enhance the overall trading environment.
The tool gives better insights into where one stands amidst the global trading community. Such an assemblage of features not only enlightens the inexperienced but also refines the strategies of the adept. I saw many reviews where people stated that it’s a broker for professionals, but it works not only for them. Yeah, the minimum deposit sum tells us that novices rarely have material opportunity to start trading with this broker.
