ActivTrades Review 2025: Is This Forex Trading Broker Scam or Legit?
ActivTrades Review 2025: Is This Forex Trading Broker Scam or Legit?
A demo account with any broker is a great starting point whether you are a new trader, or just new to this broker. It provides you the chance to get to know exactly what is on offer in a realistic trading environment, but with no-risk, trading virtual currency. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Though there’s room for ActivTrades to grow in the Research and Education categories, the broker has built a solid foundation in these areas. The Islamic Account option at ActivTrades is designed to meet Sharia compliance for religious purposes.
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With the live chat feature, ActivTrades users can quickly reach a customer support representative when they encounter any issues while using the mobile application. This option provides a straightforward method to address client complaints without leaving the broker’s platform. Unlike its other financial assets, ActivTrades charges fees on all shares available on its platform.
Does ActivTrades Have Research And Education Services?
In my tests, AcrivTrades’ live chat support usually responded within seconds, and agents got back to me via email within one business day. This means that it takes the other side of the transaction with clients. The residual risk taken on by ActivTrades may or may not be hedged externally. For instance, clients under EU entities enjoy a high level of regulatory scrutiny and are covered by a compensation scheme in the event of broker insolvency.
ActiveTrade (Proprietary Trading Platform)
- Orders can be opened and closed based on the price levels of trendlines that you have set.
- I liked that there is a series of articles covering how to invest in specific markets like coffee and sugar.
- Indeed the broker doesn’t guarantee a hundred percent success, however if you will learn and practice hard, then the posibility of going broke is tending to zero.
- I was intrigued by this innovative feature; recreating such orders manually would be complicated (in many cases, this would be impossible without a trading API).
- The Forex market enables investors to trade currency pairs 24 hours a day, 5 days a week.
- ActivTrades allows forex trading with 40+ currency pairs, including majors, minor and exotic pairs.
- The broker offers a substantial number of tradable instruments as compared to industry leaders.
This can restrict your ability to gain market insight through research in some cases. Then, you will also realize that they offer a small number of account types compared to other brokers. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago.
MetaTrader 4 and MetaTrader 5
The available language support includes English, Spanish, French, Russian, Arabic, Mandarin Chinese, and Cantonese. This should provide all traders from around the world with ample opportunity to access trading and content with the broker. The ActivTrades proprietary trading platform is available for you to select and trade on in desktop, mobile, and tablet form.
- SmartLines is an easy to use application for MT4 & MT5 that enables automated execution based on trendlines placed on charts.
- After a few weeks of testing, I found the ActivTrader platform impressively user-friendly and equipped with advanced order types and TradingView’s leading charting tools.
- For example, you will not get the same fund protection as you are considered a professional trader.
- It has sufficient resources to cater to clients’ technical and fundamental analysis requirements.
- Key features of the app are watchlists, tracking of your open positions, pending orders, and trade history along with overall P/L and account balance.
- An efficient search bar expedites locating the desired trade instrument.
- You can start trading with a minimum deposit of €1,000 whilst they also have free demo trading accounts for beginners and swap-free Islamic accounts for Muslim traders.
Is ActivTrades Good Broker?
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. ActivTrades has meticulously structured its account offerings to harmonize with the diverse trading aspirations of its clientele. The broker offers both Individual and Professional accounts, catering to the needs of amateur traders and seasoned professionals. Activtrades offers the lowest spreads I’ve ever seen starting from 0.5 pips. The thing is that there are so many traders who cannot make their trading results positive just because of the charges made by the broker.
Support
The broker also provides various educational resources, including webinars and tutorials, to help beginners build their trading knowledge. I mostly used live chat, which is available directly from the client dashboard and the ActivTrader platform. It is fast, and I am usually connected to an agent within a few minutes. The representatives were knowledgeable and were helpful in resolving my issue regarding selecting activ trades review trading instruments clearly and concisely.