Compare Forex.com vs ActivTrades
What is Forex.com? What is ActivTrades?
Forex.com is a global forex and CFD broker that was founded in 1999 and is regulated by several authorities, including the CFTC and NFA in the US, the FCA in the UK, and the FSA in Japan. Forex.com offers low forex fees, great research tools, and a user-friendly web trading platform.
ActivTrades is a UK-based forex and CFD broker that was established in 2001 and is regulated by the FCA in the UK, the DFSA in the UAE, and the SCB in the Bahamas. ActivTrades offers low trading fees, great deposit and withdrawal conditions, and a fully digital account opening process.
Forex.com vs ActivTrades Regulation Comparison
Both brokers are regulated by reputable authorities and provide investor protection for their clients. However, the amount of protection may vary depending on the country of residence of the client. Forex.com provides up to £85k to UK clients, $0 to US clients, and ¥10 million to Japanese clients. ActivTrades provides up to £85k to UK clients, €20k to EU clients, and $0 to other clients.
Forex.com vs ActivTrades Trading Assets Comparison
Both brokers offer a wide range of trading assets, including forex, CFDs, crypto, and more. However, ActivTrades has some additional products that Forex.com does not offer, such as spread betting, gold & silver, oil, stocks, soft commodities, metals, and ETFs. Forex.com has more currency pairs than ActivTrades (91 vs 50), but ActivTrades has more CFDs than Forex.com (600+ vs 450+).
Forex.com vs ActivTrades Trading Fees Comparison
Both brokers have low trading fees and average non-trading fees. However, Forex.com has lower forex fees than ActivTrades (0.8 pips vs 1.1 pips for EUR/USD), while ActivTrades has lower CFD fees than Forex.com (0.5 points vs 0.9 points for S&P 500). Neither broker charges commissions for most of their products.
Forex.com vs ActivTrades Account Types Comparison
Both brokers offer a single account type for most clients, with no minimum deposit requirement. However, Forex.com also offers a professional account for eligible clients who can access higher leverage and lower margin rates. ActivTrades also offers an Islamic account for clients who follow Sharia law and do not want to pay or receive interest on their trades.
Forex.com vs ActivTrades Deposit Options Comparison
Both brokers offer fast and easy deposit and withdrawal options, with no fees charged by the broker. However, Forex.com has more base currencies than ActivTrades (7 vs 4), which can reduce conversion costs for some clients. Both brokers accept credit/debit cards, wire transfers, and SOFORT as payment methods, but ActivTrades also accepts Neteller, PayPal, and Skrill.
Forex.com vs ActivTrades Trading Platforms Comparison
Both brokers offer web, mobile, and desktop trading platforms that are user-friendly and customizable. However, Forex.com has slightly better web and mobile platforms than ActivTrades in terms of design, functionality, and research tools. Both brokers support MetaTrader 4 and MetaTrader 5 as desktop platforms, but ActivTrades also offers its own proprietary platform called ActivTrader.
Forex.com vs ActivTrades Analytical Tools Comparison
Both brokers provide various analytical tools for their clients to enhance their trading performance and experience. However, Forex.com has more research tools than ActivTrades in terms of market news, economic calendar, trading signals, technical analysis, and educational resources.
ActivTrades has some unique tools that Forex.com does not offer, such as Smart Tools (a suite of add-ons for MetaTrader), SmartForecast (a tool that predicts market movements), SmartPattern (a tool that identifies chart patterns), SmartOrder (a tool that enhances order execution), SmartLines (a tool that executes orders based on trend lines), SmartCalculator (a tool that calculates risk and reward), and SmartTemplate (a tool that indicates market sentiment).
Forex.com vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as it depends on your personal preferences, trading style, and needs. However, here are some possible factors that you can consider:
- If you are looking for a broker that offers more trading assets, especially spread betting and stocks, then ActivTrades may be a better option for you.
- If you are looking for a broker that has lower forex fees and more base currencies, then Forex.com may be a better option for you.
- If you are looking for a broker that has more research tools and a better web and mobile platform, then Forex.com may be a better option for you.
- If you are looking for a broker that has more payment methods and unique analytical tools, then ActivTrades may be a better option for you.
Ultimately, the best way to decide which broker is better for you is to try them out yourself and see which one suits your trading needs and goals. You can open a demo account with both brokers and test their platforms, products, and services before making a final decision.
