The account opening is excellent and the deposits and withdrawals are free. As a participant in the UK market as a brokerage house, ActivTrades is a member of the Financial Services Compensation Scheme , and also keeps all clients’ funds in segregated accounts. Founded in 2001, ActivTrades is one of the oldest retail forex brokers in the market today. The ActivTrades brand is owned and operated by ActivTrades PLC, an organization which has registered offices in the United Kingdom and Dubai. The featured trading platforms come with a variety of powerful trading tools such as the SmartOrder, SmartLines, SmartTemplate and SmartPattern.
For withdrawal problems, the customer support email address or live chat are the best forums to discuss any issues. ActivTrades also offer the MT5 platform, suited to the more experienced trader. In addition to trading on forex, indices, and shares, MT5 provides access to over 500 CFDs and ETFs. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose!
Can You Open An Account?
For added security ActivTrades use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength. ActivTrades MetaTrader Finecobank Share Dealing Review 5 Can Operate on the and newer IOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.
ActivTrades has a reasonable sized customer support of at least 10. Although we found some very useful aspects of the ActivTrades platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative ActivTrades broker. ActivTrades also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.
You can also get instant remote support using the LogMeIn Rescue button. This is a remote solution which gives users access to remote support, and works on all devices including Mac computers and Windows devices. Live chat is available Activtrades Cfd Broker Review 24 hours a day, 5 days a week for direct communication and speedy resolution of issues. The Live Chat button is available on ActivTrades’s web pages. ActivTrades clients are also provided with the MT4 and MT5 platforms.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. All reviews of ActivTrades published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by Activtrades Cfd Broker Review real traders. In addition to the currency exchange markets, you can trade on the popular indices, such as the Dax, Nikkei, and S&P 500, and bonds such as Treasury Notes. The CFD contracts are based on Futures, but have lower margins.
Is Cfd Trading Equivalent To Gambling?
One is the real account, with your real money and the other is your demo account. Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with.
- However, traders should never open an account at ActivTrades just for the sake of receiving bonuses or for qualifying in their rewards program.
- We know you don’t want to read a long review of an untrustworthy broker.
- Please use our link to open your account so that we can continue to provide broker reviews for free.
- Financial security and reliability are AvaTrades top priority.
- ActivTrades.com provides MetaTrader 4 software which is the best Forex trading platform according to reviews.
- ActivTrades is a UK-based broker offering forex and CFD trading plus spread betting on MT4, MT5 and its ActivTrader platform.
- Gone are the days of launching a lot of graphs on which you can’t remember which currency you’re taking a look at.
Negative balance protection is equally available to all retail traders. I deposited minimal amount with 0,1 lot and performed several successful deals, each deal had a small profit. When I started 1 lot trading, everything was fine, but only a first day. I started accumulating more than 2000 on my account and order execution became much longer! Some deals were processed in about 7 minutes after the request to close it and it usually took about 3-4 minutes to open them. As the result, I started suffering huge losses due to such delays in execution.
APIs allow traders to directly connect their screening software with their broker account to place orders. A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital Nadex Strangle Strategy Examples With Binary Options bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.
ActivTrades is considered good and reputable to trade with ActivTrades. ActivTrades is used by over 10,000 active traders and ActivTrades users. To start the process of opening an account with ActivTrades you can visit the ActivTrades trading platform here. Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.
Don’t Miss Out On Great Trading Opportunities
The trading platform that your broker uses will determine which trading instruments you have access to. It will also affect the spreads and commissions you are charged for each trade. Many brokers provide their own suite of tools to add to the vanilla experience offered on trading platforms.
Author: Katie Conner