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. ActivTrades is an award-winning online broker with over two decades of experience, having launched in 2001. The broker services over 100,000 customers from 170 jurisdictions with licenses from the FCA, SCB, BACEN and CVM, CMVM, and FSC. From what we gather, average spreads at ActivTrades overlap across all available account types.
We Are With You Wherever You Trade, so Is MetaTrader 5
The minimum amount you can trade is 0.01 lots, which corresponds to 1,000 units in a base currency. These flexible contract specifications render the broker a compelling option for small and large-volume traders alike. Conversely, swap rates are positive (you earn interest) when the interest rate of the bought currency is higher than that of the sold currency. At the time of writing, ActivTrades has swap rates of -1.07 pips for long positions in EUR/USD and 0.40 pips for short positions. Long positions incur swap fees of $10.70 per standard lot, whereas short positions earn interest of $4.0 per night. Positions in currency pairs and precious metals incur triple swap rates on Wednesdays.
- The broker provides a nice range of tools for market research and analysis, including a dedicated news section and an economic calendar.
- It supports trading platforms like MetaTrader 4 and MetaTrader 5, which are compatible with various automated trading systems and Expert Advisors (EAs).
- We explore all vital aspects of the broker’s operations, including spreads and trading costs, available market range, platform features, and more.
- The broker imposes these levies after 52 weeks of inactivity, as a customer support agent kindly informed us.
- This account type is currently unavailable to traders onboarding from the Bahamas and Mauritius-regulated divisions of ActivTrades.
Trading Platforms
Forex trading, also known as foreign exchange trading, is the buying and selling of fiat currencies in pairs. Major, minor and exotic fiat currencies are paired against one another, with the value of one currency traded against another, such as EUR/USD, known in the industry as the ‘Euro-Dollar’. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
Commissions
The accounts are suitable for beginner and seasoned traders, allowing them to acquaint themselves with the software and test new strategies without limitations. As the demo environment is fully aligned with real market conditions, traders can test their strategies without restrictions. Setting up a demo account is hassle-free, as you must select your preferred platform, base currency, virtual balance, and leverage ratio. This type of account is intended for most individual traders and offers access to a wide range of trading instruments, tight spreads, and comparable order execution quality.
USDCAD
An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. ActivTrades is a mature broker that has been in business for over 20 years. Though the broker’s Trust Score of 81 (Trusted) is respectable, it holds fewer regulatory licenses than the most trusted brokers in our database.
The reward is paid on the 1st of each calendar month for trading activity in the previous month. The trader receives the reward only if they have reached the set level for that month. In addition, ActivTrades returns 20% of the swap amount paid by the trader during the calendar month. He is a forex industry expert and an active fintech and crypto researcher.
MetaTrader 5
- ActivTrades offers CFD trading across 1,267 symbols on MetaTrader 5 and the broker’s proprietary ActivTrader platform.
- Don’t ever believe that you’ve cracked the markets, even after a string of winning trades.
- We invite you to continue reading the review for additional details on ActivTrades broker.
- The broker has earned a solid 4.4-star rating on Trustpilot from more than 1,480 reviewers, with over 70% of all reviewers giving it a 5-star score.
- Their absence may deter potential clients seeking a more hands-on approach to forex trading and passive portfolio diversification.
In late 2024, Matteo Paganini landed the role of chief executive officer of the company’s Mauritius-regulated division. The information does not contain a record of AT’s prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.
Traders gain access to the broker’s flagship ActivTrader mobile app along with third-party apps MetaTrader (MT4 and MT5) and TradingView. All mobile apps are available for iOS (via Apple’s App Store) and Android (via the Google Play Store). ActivTrades has dedicated an entire section of its website to learning and education, demonstrating a strong focus on helping clients improve their financial knowledge. ActivTrades excels in the research and education department, providing customers with a broad range of materials to help them hone their skills and advance their knowledge. Here is a closer look at what traders can anticipate in terms of research and learning materials.
Islamic Account
There’s even an option to adjust the stop distance if specific price targets are met along the way. 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 MetaTrader and TradingView mobile apps available with ActivTrades are the standard versions you’d get straight from the developer.
ActivTrades proceeds to explain in its execution statement that it relies on external liquidity providers to minimize its risk exposure through hedging. While opening a joint account is activtrades review an option at ActivTrades, the broker currently does not offer Percentage Allocation Management Module (PAMM) accounts. Their absence may deter potential clients seeking a more hands-on approach to forex trading and passive portfolio diversification.
We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. The London-headquartered broker further bolstered its operations in Latin America after receiving authorization from the Brazilian Comissão de Valores Mobiliários (CVM) in late 2021. According to the regulator’s database, the Brazilian subsidiary has its headquarters in Florianopolis, the capital of Santa Catarina. Given its numerous registrations and licenses, it is unsurprising ActivTrades upholds high levels of security, transparency, and regulatory compliance. The company was founded by Alex Pusco, who is also responsible for the launch of the Wales-based StreamBank in 2021.
What is the maximum leverage on ActivTrades?
The platform is compatible with mobile and desktop browsers, although installing the downloadable version is also an option. Here are some of the most distinctive features available to MT4 users at ActivTrades. ActiveTrades customers can fund their live accounts free of charge when depositing with digital wallets like Skrill, Google Pay, Apple Pay, PayPal, and Neteller. Traders registered under the offshore divisions can top up their balance for free using cryptocurrencies like Ethereum, Bitcoin, Tether, and Ripple, among others. Credit and debit card deposits under the CMVM entity may incur additional fees of 0.5% or 1.5%. The exact rates depend on whether the card issuer is based in the UK/EEA or not.