The slowness caused by the documents required to begin trading with this broker is one of the negative aspects. However, the guarantees and quality it provides compensate for this. It’s also a shame that copy trading and social trading aren’t available, and that the training isn’t the best on the market. On ActivTrades, if you leave out the demo account option, you can only open one type of account, this for individual private users, otherwise known as “retail”.
Islamic Account
Overall, the broker seems to be a competitive choice for those looking for a safe broker that offers value for money. The broker also offers API integration to set up automated trades, integrate with other systems, and design original trading apps. ActivTrades offer a referral bonus to its clients and partners for bringing customers to the company. To claim your reward, you need to make sure that your referral signup with the broker using your referral link.
Best for Professional Traders
An efficient search bar expedites locating the desired trade instrument. The users of ActivTrader can also select several options to view multiple activtrades forex broker charts concurrently. Clients whose brokerage accounts have been dormant for a predetermined time are subject to an inactivity fee.
Personal tools
The methodology we use to evaluate brokers has grown in depth and checkpoints as the industry has changed over time as well. Our reviews now test for more than 250 data points covering nine core categories. For those interested in algorithmic trading strategies, you will need to use a desktop version.
Assets & Markets
All of the supported trading platforms are accessible on desktops and mobile apps. ActivTrades fees and commission seem in line with the average industry standards. The broker charges variable spreads for various financial instruments across all ActivTrades accounts. ActivTrades is a global forex trading and CFD brokerage firm founded in 2001.
ActivTrades, like the majority of brokers on the market, gives customers the option of opening a real or a demo account. If you don’t know the broker or have never traded before, the latter is a great option. ActivTrades proprietary platform is a very simple and intuitive tool, particularly suitable for beginner traders.
ActivTrades Fees & Commissions
The platforms are the true soul of trading, as they provide us with adequate interfaces for financial market analysis and order management. A good broker is one that provides all or nearly all of the best trading platforms available, or one that commits to providing a high-quality proprietary platform. ActivTrades offers a suite of tools seamlessly integrated into its platform to help users get in-depth market comprehension.
Moreover, a fixed charge of 9 GBP is also applicable on withdrawals via bank transfers. Investment in bonds refers to a debt instrument representing a loan to the issuer. Traders speculate on the prices of the bonds to benefit from the change in their prices besides enjoying the low-risk exposure.
- For beginner traders, look out for tutorials and videos on how to use MT4.
- It provides services to retail and institutional traders via the electronic trading platforms ActivTrader, MetaTrader 4 and MetaTrader 5.
- ActivTrades offers more company shares than the likes of Pepperstone and XTB.
- See the table below for information on minimum spreads for currencies and commodities.
- EToro is one of the most popular and well-known online trading platforms in the world.
New users can learn about various trading techniques via personal coaching. MetaTrader 4 guides on topics like account setting and price alert configuration. However, https://forexbroker-listing.com/ they need to pay 1.5% charges on payments made via Credit cards and Debit cards. Also, the conversion fee is reduced to 0.5% for UK and European clients.
The live chat function is particularly useful with efficient and informative agents to cover most queries. You can earn cashback on every trade you place once you reach $50m notional value traded. While a good promotion, the volume requirements in the promotional terms and conditions are high.
You can trade cryptos with Exness from the MetaTrader 4 platform for Windows and Web. MAC users will need to find their own solution to run MT4 Windows on their computer, use the MT4 Web Trader, the Exness Trader App, or Exness Web Terminal. The MT4 platform comes with all the standard features but no additional plugins. ActivTrades hold a superb reputation among clients on Trustpilot as well. Almost 79% of clients rated the company to be an excellent choice for trading forex and CFDs.
Furthermore, risk management features include negative balance protection and guaranteed stop loss. We found that US traders are offered four different platforms to trade from. This includes MetaTrader 4, the fully customizable OANDA Trade web and desktop platform and trading app. OANDA clients can also access an MT4 premium upgrade which adds 28 more indicators including additional order types, alert managers, and other automated trading capabilities. Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. With the ECN trade execution policy, the broker offers fast trade execution to reduce slippage issues. The company keeps clients’ funds in segregated bank accounts and employs SSL encryption. In addition to this, it also offers two-step authentication to protect users’ confidential data.
While there is a lot of information available online, it’s easier to find the right information if your broker already has it available. This can help you to get started in the best possible way and learn all the benefits trading with an MT4 broker provides. It is also worthwhile checking the fees for deposits and withdrawals. Some brokers may not charge any fees to deposit or withdraw funds but other brokers may charge for one or both options. Discover Best FCA-regulated forex brokers and Best ASIC-regulated forex brokers.