We built the website to assist forex traders in finding the right forex brokers to trade with ease. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. Following industry standards, new accounts are opened via an online application. After new traders obtain access to the back-office, verification is mandatory as stipulated by regulators to satisfy AML/KYC requirements. A copy of the trader’s ID and one proof of residency document generally completes this step. Within the ActivTrader platform, we did not find sections on financial news, the macroeconomic calendar, market analysis, etc.

Research and analysis

Drawbacks include a smaller selection of tradeable symbols and fewer educational resources than what’s available from the best forex brokers. Yes, ActivTrades is a safe broker that has been providing its services for over 20 years and is regulated by top-tier regulations. The broker also forces its clients to the highest security measures, including data encryption, two-factor authentication, and segregated accounts. Moreover, it provides negative balance protection, making it a safe platform for traders.

ActivTrades has a currency conversion fee of just 0.3%, which is applied to any closed profit or loss from an instrument with a different quote than the account’s base currency. This means you will never be charged more for converting between currencies, regardless of where you are trading. The broker charges a non-activity fee of $10 if there has been no trading activity on your account for over a year. Such a fee will be automatically deducted from the balance of a trader’s account.

The Trustpilot Experience

No, ActivTrades is a registered broker with a positive reputation and negative balance protection, making it unlikely to be a fraud. Employees generally view ActivTrades as a supportive workplace with good activtrades review benefits and learning opportunities. Job security and pay are solid, though workplace culture and management structure receive mixed feedback. Work-life balance is manageable, with a few concerns about internal communication. ActivTrades maintains physical offices in 🇧🇸 Bahamas, 🇲🇺 Mauritius, 🇵🇹 Portugal, and 🇬🇧 United Kingdom.

This makes it possible for clients to implement third-party EAs for automated trading, which is not entirely dissimilar to how copy trading works. On the downside, customers can anticipate a range of non-trading costs, including inactivity fees, currency conversion charges, and additional fees for transacting with specific payment methods. As a multi-licensed broker, ActivTrades upholds high security standards and consistently invests in its infrastructure to ensure a safe trading environment for all customers. The company safeguards traders with negative balance protection and stores their funds in segregated accounts at first-tier banks like Lloyd’s and Barclays. The broker provides enhanced investor compensation at no additional expense to clients.

What Is Our Opinion On ActivTrades?

After signing into your account, you can deposit or withdraw funds using various payment options, including bank transfer, credit/debit card, Neteller, Skrill, and Sofort. However, traders who want to withdraw funds directly in their bank account may face an interbank fee of $12. New Traders do not get any sign-up or deposit bonus for registering with this platform. However, ActivTrades provides a loyalty program where loyal clients can refer a friend and earn up to $5,500 per referred client. Furthermore, ActivTrades also provides a cashback program where you must request to join the cashback program to win cash on every trade you make.

The platform provides various indicators and charting tools, which help with technical analysis for short-term traders. Many will also like the familiarity of MT4, as it is widely used in the trading world. All fees are built into the spread, eliminating the need for separate commissions.

How To Open an ActivTrades Account – Step-by-Step Guide

• Unlike many brokers, you will be glad to note that ActivTrades does not charge any inactivity fee.
• MetaTrader 5 is the successor to MT4, offering enhanced features and functionality.
• With over 500 stock CFDs and ETFs, it surpasses MT4 in flexibility and precision.
• With a strong focus on customer support, fast execution speeds and a suite of educational resources, ActivTrades is a solid choice for those seeking flexibility and reliability in their trading experience.
• This information helps ActivTrades ensure that their services are appropriate for your needs.

This additional insurance provides up to £1 million in extra protection, ensuring that client funds remain secure even in the unlikely event of the broker’s insolvency. ActivTrades is renowned not only for its robust trading platforms and competitive markets but also for its strong commitment to regulatory compliance and investor protection. The broker is licensed and regulated by several prominent authorities, each of which imposes rigorous standards to ensure transparency, security, and ethical business practices. ActivTrades offers Forex trading with competitive spreads starting from as low as 0.5 pips on major currency pairs.

• Swap rates are either positive or negative, largely depending on position direction (long or short).
• Moreover, it has everything a trader needs, with several exclusive ads-on like Smart Calculator, Smart Template, Pivot Points Indicator, SmartLines, and SmartForecast.
• Every day, our clients harness the benefits of this profound experience, reinforcing the bedrock of trust they have cemented with us.
• We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.

ActivTrades offers 30+ spot and futures markets for hard and soft commodities, including gold, silver, platinum, crude oil, cocoa, copper, and sugar. Less common markets like oats, cotton, and carbon emissions are also on offer. The availability of commodity futures earns ActivTrades some extra points, considering many rival brokers do not provide this option to their customers. As previously mentioned, ActivTrades penalizes customers for trading inactivity by deducting a $/€10 monthly fee from the balances available in dormant accounts. The broker imposes these levies after 52 weeks of inactivity, as a customer support agent kindly informed us. We recommend you access your account and place orders occasionally to avoid unnecessary expenses.

However, we always recommend testing a broker with a demo account or a small deposit first. Once you are satisfied with its trading conditions, you can proceed with real trading. ActivTrades offers reliable and accessible customer support available 24/5 to assist with any trading-related enquiries.

Betingelser & detaljeret gennemgang af ActivTrades

ActivTrades continues to lead from the front with over 20 years of online trading expertise. By combining advanced technology, regulatory strength, and a strong educational mission, the broker remains committed to making trading more accessible, secure, and rewarding for traders across 140+ countries. Adapting to varied user preferences, ActivTrades provides its platforms in a format suitable for both Windows and Mac desktop users, offering a stable and comprehensive trading environment. Traders should verify specifics about currency conversion fees due to variations based on account types and trading activities. ActivTrades welcomes traders with a $0 minimum deposit requirement, offering accessibility to numerous market participants.

Unique Features

Below, we outline the criteria for upgrading to a professional account below. Furthermore, the broker’s European operations benefit from regulation by the relevant authorities, while its activities in Mauritius are governed by the Financial Services Commission (FSC). The FSC in Mauritius upholds high standards for operational integrity and client protection, ensuring that traders in that jurisdiction enjoy a secure and reliable trading environment. In Brazil, ActivTrades complies with dual regulatory oversight from both the Banco Central do Brasil (BACEN) and the Comissão de Valores Mobiliários (CVM).

Table of Contents

Let’s take a closer look then at exactly what the broker makes available in terms of both trading platforms, and additional tools to help you. It is always a good idea to trade only with regulated brokers in the market. As mentioned, the company is regulated in the UK, Luxembourg, Bahamas and Italy. For example, the company has a rating of 4.4 stars out of 5 after over 700 reviews on Trustpilot. To gain access to a demo account, you have to register by providing your name, phone number, email and password. The Demo accounts come with a total of £10,000 virtual funds to practice your trading.