Detailed Forex Review of ActivTrades Broker
ActivTrades operates since 2001, offering FCA regulated trading services.
Trading Platforms Review
ActivTrades offers widely respected MetaTrader 4 and MetaTrader 4 platforms.
MetaTrader 4
The platform offers powerful analytical and charting tools, wide variety of technical indicators, long and short term time frames and much more. Expert Advisors provide strategies for automatic trading and alerts on market trends. Historical data is available for back testing.
Traders with programming experience can create their own Expert Advisors, Custom Indicators and scripts via MetaQuotes language.
The platform is available in 21 languages and is also available for Mac OS operating system computers.
MetaTrader 5
MetaTrader 5 is relatively new upgrade of MetaTrader 4, equipped with improved execution, analysis and risk management characteristics. Both demo and live account is available. The platform is also available for Mac OS operating system computers.
The major upgrades of the program include the ability to modify pending orders straight from the charts, there are more order types, the interface is user-friendly and the analytical tools have been enhanced with many extras.
ActivTrader
Web-based in-house trading platform with intuitive interface, wide range of trading instruments, advanced charting, one click trading and risk managing features.
Mobile Trading
For those of us on the move, mobile trading feature is a must. With ActivTrades you can access your accounts from a mobile device and stay up-to-date to recent news and market changes.
Payments
The broker only accepts credit card and wire transfers and doesn’t work with any alternative payment systems at the moment. The account funds can be made in EUR, GBP, CHF and USD.
Card payments are charged 1.5% fee. There is no withdrawal fee for cards.
Withdrawals directly to the bank account are subject to the following charges:
£15 GBP CHAPS
$12.5 for USD wires
€6 for SEPA wires in EUR
€17.50 for urgent transfers in EUR
CHF27 for CHF wires
Account Types
Demo account is available for 30-day period. Once a demo has expired, you can renew it for another set of 30 days at your personal area.
Classic Account is best for short term, frequent trading, ideal for scalping strategy. The minimum deposit requirement is $250.
Advantage Account is all-in-one integrated analytics and automatic trading tools for frequent, short term and dynamic trading strategies. 5 digit variable spreads start from 0.8 pips on majors. Minimum deposit requirement is also $250.
Islamic Accounts is a great solution for clients from Arab and Islamic countries. The swap free accounts are in line with the Islamic religion. The key features include no interest on contracts longer than 24 hours and no rollover commissions. The minimum deposit requirement is $250.
Trading Conditions
The spreads on majors start from 1.3 pips. Maximum leverage is 400:1. Mini lots and micro lots are available.
|
EURUSD |
1.3 pips |
USDCAD |
2 pips |
|
USDJPY |
1.3 pips |
GBPUSD |
2.1 pips |
|
AUDUSD |
1.7 pips |
EURJPY |
2.1 pips |
|
EURGBP |
1.9 pips |
NZDUSD |
2.2 pips |
|
USDCHF |
2 pips |
EURCHF |
2.2 pips |
Below is the table of margin and leverage options:
|
Leverage |
Margin % |
Acc Equity € |
Tradeout Level |
|
1:400 |
0.25 |
≤ 25,000 |
30% |
|
1:200 |
0.5 |
25,001 to 50,000 |
30% |
|
1:100 |
1 |
50,001 to 250,000 |
30% |
|
1:100* |
1 |
> 250,000 |
NA |
Order types include Instant Execution, Market Execution, Pending Order, Buy Limit, Sell Limit, Buy/Sell Stop, Buy/Sell Stop Limit and Stop Loss.
In MT4, the required margin for hedged positions is 10%.
Materials
ActivTrades offers powerful Add-ons for enhanced trading experience.
Webinars and Seminars provide comprehensive tutorials with extensive variety of topics useful for both beginners and advanced traders.
Daily and weekly market analysis, trade scenarios and specific entry and exit points are available at Trading Central Portal for better comprehension of major instruments and trends.
ActivTrades offers one-on-one online private training by experts.
Promotions
The broker is planning to start reward programme in May 2013, where each trade is rewarded and the earn points can be exchanged for exciting prizes.
Support Review
Customer support team is available 5 days a week, 24 hours a day. The following languages are supported: English, Italian, German, French, Spanish, Portuguese, Arabic, Bulgarian Russian and Chinese.
How was the rating of ActivTrades performed compared to other brokers?
This 2020 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on ActivTrades FX broker performance and features.
Overall our online ActivTrades review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online ActivTrades or you find inaccurate details ActivTrades broker review please get in touch with us and the changes will be applied.