Is ActiveTrades a scam?
ActivTrades is a well-regulated and reputable online broker. Here are some of the key regulatory and safety measures that ActivTrades adheres to:
- Regulatory Oversight: ActivTrades is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA is one of the most reputable financial regulatory bodies in the world and requires its regulated firms to meet strict regulatory standards and operate with integrity.
- Segregated Client Funds: ActivTrades keeps its clients’ funds separate from its own operational funds. This helps to ensure that client funds are protected in the event of the broker’s insolvency.
- Negative Balance Protection: ActivTrades provides negative balance protection to its clients, which means that clients cannot lose more than the funds they have in their trading account.
- Risk Management Tools: ActivTrades offers various risk management tools to its clients, including stop-loss orders and limit orders. These tools help to minimize the risk of losses and provide additional protection to clients’ trading accounts.
- Trading Platform Security: ActivTrades uses advanced security measures to protect its trading platforms from unauthorized access and cyberattacks.
Overall, ActivTrades is a well-regulated and safe broker that adheres to strict regulatory standards and provides various safety measures to protect its clients’ funds and trading accounts.
ActiveTrades Trading Platforms
ActivTrades offers its clients a range of trading platforms to choose from, including:
- MetaTrader 4: This is a popular and widely used trading platform that provides access to various financial markets, including forex, commodities, and indices. MetaTrader 4 offers advanced charting tools, technical analysis, and automated trading features.
- MetaTrader 5: This is an updated version of the MetaTrader platform that offers additional features and tools, including the ability to trade more asset classes, such as stocks and futures.
- ActivTrader: This is a proprietary trading platform developed by ActivTrades that provides a user-friendly interface and advanced trading tools, such as sentiment analysis and automated trading strategies.
- Mobile Trading Apps: ActivTrades offers mobile trading apps for iOS and Android devices that allow clients to trade on the go and access their trading accounts from anywhere.
All of these platforms provide clients with access to various financial markets, including forex, CFDs, and spread betting. They also offer advanced charting and analysis tools, as well as a range of order types and risk management tools to help clients manage their trades effectively. Overall, ActivTrades offers a variety of trading platforms to suit different trading styles and preferences.
Products ActiveTrades provides
ActivTrades provides a range of financial products that allow clients to trade various asset classes, including:
- Forex: ActivTrades offers over 50 currency pairs to trade, including majors, minors, and exotics. Clients can trade forex using leverage of up to 1:30.
- Contracts for Difference (CFDs): ActivTrades offers CFDs on a range of financial instruments, including indices, commodities, and shares. Clients can trade CFDs using leverage of up to 1:20.
- Spread Betting: ActivTrades offers spread betting on a range of financial markets, including indices, forex, and commodities. Spread betting allows clients to speculate on the price movements of a financial instrument without owning the underlying asset.
- Exchange-Traded Funds (ETFs): ActivTrades offers a selection of ETFs that allow clients to gain exposure to various sectors and regions.
- Cryptocurrencies: ActivTrades offers trading in popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, allowing clients to speculate on the price movements of these digital assets.
Overall, ActivTrades provides a diverse range of financial products that allows clients to trade a variety of markets and instruments. Clients can access these products through a range of trading platforms and benefit from advanced trading tools, risk management features, and competitive pricing.
ActiveTrades account types
ActivTrades offers three different account types to suit the varying needs of its clients:
- Standard Account: This account type is suitable for new traders or those who prefer fixed spreads. The minimum deposit is $100, and the maximum leverage is 1:30 for forex and 1:20 for CFDs.
- Professional Account: This account type is designed for experienced traders who require higher leverage and access to more advanced trading tools. To qualify for a professional account, clients must meet certain eligibility criteria, including having a minimum of 2 years’ experience in the financial industry and a portfolio of at least €500,000. The maximum leverage for professional accounts is 1:400 for forex and 1:200 for CFDs.
- Islamic Account: This account type is designed for clients who adhere to Islamic finance principles and require swap-free trading. ActivTrades offers Islamic accounts that comply with Shariah law and do not charge or pay interest on overnight positions.
All account types offer access to the same range of financial products, including forex, CFDs, and spread betting. ActivTrades also offers a demo account that allows clients to practice trading with virtual funds before opening a live account. Overall, ActivTrades offers a range of account types to suit different trading styles and preferences.
ActiveTrades trading fees
ActivTrades charges trading fees that vary depending on the product being traded and the type of account. Here is a summary of the trading fees charged by ActivTrades:
- Forex Spreads: The spread is the difference between the bid and ask prices and is the main trading fee for forex. ActivTrades offers variable spreads for forex, starting from 0.5 pips for major currency pairs. Standard account holders pay slightly higher spreads than professional account holders.
- CFD Spreads: ActivTrades offers variable spreads for CFDs, starting from 0.5 pips for major indices and commodities. The spread varies depending on the market being traded and the type of account.
- Overnight Financing Charges: ActivTrades charges overnight financing charges on positions that are held overnight. The charges vary depending on the product being traded and the direction of the position.
- Inactivity Fee: ActivTrades charges an inactivity fee of $25 per month for accounts that have been inactive for more than 12 months.
- Deposit and Withdrawal Fees: ActivTrades does not charge fees for deposits and withdrawals made through bank transfer or debit/credit cards. However, clients may incur fees charged by their banks or payment providers.
Overall, ActivTrades charges competitive trading fees that are in line with industry standards. Clients can benefit from tight spreads and low trading costs when trading with ActivTrades.
ActiveTrades Funding and Withdrawal Options
ActivTrades offers a variety of funding and withdrawal options for its clients. Here is a summary of the options, fees, and processing times:
Deposit Options:
- Bank Transfer: ActivTrades accepts deposits via bank transfer in multiple currencies. There are no fees charged by ActivTrades for bank transfers, but clients may incur fees charged by their banks.
- Debit/Credit Card: ActivTrades accepts deposits via debit/credit cards, including Visa, Mastercard, and Maestro. There are no fees charged by ActivTrades for debit/credit card deposits.
- Online Payment Providers: ActivTrades accepts deposits via online payment providers, including Skrill, Neteller, and Sofort. There are no fees charged by ActivTrades for deposits made through these providers.
Withdrawal Options:
- Bank Transfer: ActivTrades processes withdrawals via bank transfer in multiple currencies. There are no fees charged by ActivTrades for bank withdrawals, but clients may incur fees charged by their banks.
- Debit/Credit Card: ActivTrades processes withdrawals via debit/credit cards, including Visa, Mastercard, and Maestro. There are no fees charged by ActivTrades for debit/credit card withdrawals.
- Online Payment Providers: ActivTrades processes withdrawals via online payment providers, including Skrill and Neteller. There are no fees charged by ActivTrades for withdrawals made through these providers.
Fees and Processing Time:
ActivTrades does not charge any fees for deposits or withdrawals. However, clients may incur fees charged by their banks or payment providers. The processing time for deposits and withdrawals varies depending on the method chosen. Deposits made via bank transfer can take up to 3-5 business days to be processed, while deposits made via debit/credit card and online payment providers are processed instantly. Withdrawals via bank transfer can take up to 3-5 business days to be processed, while withdrawals made via debit/credit card and online payment providers are processed within 24 hours.
Overall, ActivTrades provides a variety of funding and withdrawal options that are convenient, secure, and cost-effective. Clients can choose the method that best suits their needs and benefit from fast and reliable processing times.
ActiveTrades customer support
ActivTrades provides customer support to its clients through various channels. Here are the customer support options offered by ActivTrades:
- Live Chat: ActivTrades provides live chat support on its website. Clients can access live chat support by clicking on the “Chat” button located on the bottom right corner of the website.
- Email Support: Clients can contact ActivTrades customer support via email at support@activtrades.com. ActivTrades aims to respond to emails within 24 hours.
- Phone Support: ActivTrades provides phone support to its clients in multiple languages. Clients can find the phone numbers for their country on the ActivTrades website.
- Social Media: ActivTrades is active on social media platforms, including Twitter, Facebook, Instagram, and LinkedIn. Clients can contact ActivTrades via direct message or by commenting on their social media posts.
- FAQ Section: ActivTrades has an extensive FAQ section on its website that covers a range of topics, including account opening, trading platforms, funding, and withdrawals.
ActivTrades aims to provide fast, reliable, and efficient customer support to its clients. The customer support team is available 24/5 to assist clients with any questions or issues they may have. Overall, ActivTrades provides a comprehensive range of customer support options to ensure that clients receive the help they need.
ActiveTrades Educational Resources
ActivTrades offers a range of educational resources to help its clients improve their trading skills and knowledge. Here are some of the educational resources provided by ActivTrades:
- Trading Guides: ActivTrades provides free trading guides that cover a range of topics, including forex, indices, commodities, and trading strategies. The guides are designed to provide clients with a comprehensive understanding of the markets and how to trade them.
- Webinars: ActivTrades hosts free webinars that cover a range of topics, including market analysis, trading strategies, and risk management. The webinars are hosted by experienced traders and analysts and are available to both beginner and advanced traders.
- Video Tutorials: ActivTrades provides a library of video tutorials that cover a range of topics, including how to use trading platforms, technical analysis, and trading psychology. The video tutorials are designed to be easy to understand and are available to clients at any time.
- Trading Central: ActivTrades provides clients with access to Trading Central, a leading provider of technical analysis and research. Clients can access daily market analysis reports and trading signals, as well as a range of educational resources.
- Trading Blog: ActivTrades publishes regular articles on its trading blog that cover a range of topics, including market analysis, trading strategies, and industry news. The blog is designed to provide clients with timely and informative content that can help them make better trading decisions.
Overall, ActivTrades provides a range of educational resources that are designed to help clients improve their trading skills and knowledge. Whether you are a beginner or an experienced trader, ActivTrades offers a range of resources to help you succeed in the markets.
Pros and cons of ActiveTrades
Pros:
- Regulation: ActivTrades is regulated by top-tier financial authorities, such as the FCA and CySEC, which provides clients with a certain level of safety and security when trading with the broker.
- Trading Platforms: ActivTrades offers a variety of trading platforms, including MT4, MT5, and the ActivTrader platform, which gives clients a range of options to choose from.
- Range of Instruments: ActivTrades offers a wide range of financial instruments to trade, including forex, indices, commodities, shares, and cryptocurrencies.
- Educational Resources: ActivTrades provides clients with a range of educational resources, such as trading guides, webinars, video tutorials, and trading central analysis, to help improve their trading skills and knowledge.
- Customer Support: ActivTrades offers 24/5 customer support through multiple channels, including live chat, email, phone, and social media.
Cons:
- Limited Cryptocurrency Offerings: While ActivTrades does offer some cryptocurrencies for trading, the selection is relatively limited compared to some other brokers in the industry.
- Inactivity Fee: ActivTrades charges an inactivity fee if clients do not use their trading account for a certain period of time. This fee may be a concern for some clients who do not trade frequently.
- Limited Research Tools: ActivTrades does not offer as many research tools as some other brokers in the industry, which may be a drawback for some traders who rely heavily on research to inform their trading decisions.
- Higher Spreads: ActivTrades may have higher spreads on certain instruments compared to some other brokers in the industry. This could result in higher trading costs for clients.
Overall, ActivTrades is a well-regulated broker that offers a range of trading platforms and instruments, as well as educational resources and customer support. However, clients should also be aware of the potential drawbacks, such as the inactivity fee and higher spreads on certain instruments.
Frequently asked questions about ActiveTrades
Is ActivTrades a regulated broker?
Yes, ActivTrades is regulated by top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
What trading platforms does ActivTrades offer?
ActivTrades offers a range of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the ActivTrader platform.
What financial instruments can I trade with ActivTrades?
ActivTrades offers a wide range of financial instruments, including forex, indices, commodities, shares, and cryptocurrencies.
Does ActivTrades offer demo accounts?
Yes, ActivTrades offers demo accounts that allow clients to practice trading with virtual funds before trading with real money.
What are the funding and withdrawal options with ActivTrades?
ActivTrades offers a range of funding and withdrawal options, including bank transfers, credit/debit cards, and e-wallets. Fees and processing times may vary depending on the method used.
What is the minimum deposit required to open an account with ActivTrades?
The minimum deposit required to open an account with ActivTrades varies depending on the account type and funding method. The minimum deposit for the standard account is $/€/£100.
Does ActivTrades offer educational resources?
Yes, ActivTrades offers a range of educational resources, including trading guides, webinars, video tutorials, and trading central analysis.
What is the customer support like with ActivTrades?
ActivTrades offers 24/5 customer support through multiple channels, including live chat, email, phone, and social media. The customer support team is generally responsive and helpful.
Are there any fees or commissions associated with trading with ActivTrades?
ActivTrades charges spreads on trades, which can vary depending on the instrument and trading platform used. The broker also charges an inactivity fee if clients do not use their trading account for a certain period of time.
Can I trust ActivTrades?
ActivTrades is a well-regulated broker that has been in business for over 20 years. The broker has won multiple awards for its services and is generally considered to be a reputable and trustworthy broker. However, as with any broker, it is important to do your own research and make an informed decision before trading with ActivTrades.