Compare FXGiants vs ActivTrades
What is FXGiants? What is ActivTrades?
FXGiants is a trade name of Notesco Limited, a company registered in Bermuda and regulated by the Securities Commission of the Bahamas. It offers over 1000 instruments across 7 asset classes, including forex, metals, indices, cryptocurrencies, ETFs, commodities, and bonds. It has 6 account types with variable or fixed spreads and low or zero commissions.
ActivTrades is a UK-based broker that was founded in 2001 and is regulated by the Financial Conduct Authority (FCA), the Securities Commission of the Bahamas (SCB), the Commission de Surveillance du Secteur Financier (CSSF), the Banco Central do Brasil (BACEN), the Comissão de Valores Mobiliários (CVM), and the Comissão do Mercado de Valores Mobiliários (CMVM). It offers over 1000 instruments across 7 asset classes, including forex, stocks, indices, cryptocurrencies, ETFs, commodities, and bonds. It has one account type with variable spreads and no commissions.
FXGiants vs ActivTrades Regulation Comparison
Both FXGiants and ActivTrades are regulated by the Securities Commission of the Bahamas, which means they have to comply with certain rules and standards to protect their clients’ funds and interests.
ActivTrades has more regulatory licenses than FXGiants, as it is also authorized by the FCA in the UK, the CSSF in Luxembourg, the BACEN in Brazil, the CVM in Brazil, and the CMVM in Portugal. This means it can offer its services to more jurisdictions and has to follow stricter regulations in terms of capital adequacy, client money segregation, risk management, and dispute resolution.
FXGiants does not have any regulatory licenses from Europe or other major financial markets, which may limit its access to some clients and expose it to higher risks of regulatory changes or sanctions.
FXGiants vs ActivTrades Trading Assets Comparison
Both FXGiants and ActivTrades offer a wide range of trading instruments across 7 asset classes: forex, stocks, indices, cryptocurrencies, ETFs, commodities, and bonds.
FXGiants has slightly more forex pairs than ActivTrades, as it offers 80 currency pairs while ActivTrades offers 69 currency pairs.
ActivTrades has more stock CFDs than FXGiants, as it offers over 600 stocks from US, UK, Europe, and Asia while FXGiants offers over 400 stocks from US and Europe.
Both brokers offer similar number of index CFDs (around 20), cryptocurrency CFDs (around 10), ETF CFDs (around 30), commodity CFDs (around 20), and bond CFDs (around 10).
FXGiants vs ActivTrades Trading Fees Comparison
- Both FXGiants and ActivTrades charge no commissions on their trades, except for FXGiants’ Zero Fixed Spread account which charges $9 per lot per side.
- Both brokers charge spreads on their trades, which vary depending on the instrument and market conditions.
- FXGiants offers both fixed and variable spreads on its accounts, while ActivTrades only offers variable spreads on its account.
- FXGiants has lower minimum spreads than ActivTrades on some instruments, such as EUR/USD (0.5 pips vs 0.7 pips), GBP/USD (0.8 pips vs 1.2 pips), USD/JPY (0.7 pips vs 0.9 pips), gold (15 pips vs 25 pips), and US Tech 100 index (0.8 pips vs 1 pip).
- ActivTrades has lower minimum spreads than FXGiants on some instruments, such as EUR/GBP (0.8 pips vs 1 pip), EUR/CHF (1 pip vs 2 pips), Brent crude oil (3 pips vs 4 pips), US crude oil (3 pips vs 4 pips), and Euro Bund bond (2 pips vs 3 pips).
- Both brokers charge swap fees for holding positions overnight, which depend on the instrument and direction of the trade.
- Both brokers charge inactivity fees for dormant accounts, which are $15 per month for FXGiants and $30 per month for ActivTrades
FXGiants vs ActivTrades Account Types Comparison
- FXGiants offers 6 account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN 0 Spread, and STP/ECN Absolute Zero.
- ActivTrades offers one account type: Individual Account.
- FXGiants has different minimum deposit requirements for its accounts, ranging from $100 to $500.
- ActivTrades has no minimum deposit requirement for its account.
- FXGiants has different leverage levels for its accounts, ranging from 1:30 to 1:1000 depending on the instrument and the client’s category (retail or professional).
- ActivTrades has a maximum leverage of 1:400 for forex and 1:200 for other instruments for its account.
- FXGiants offers different bonuses and promotions for its accounts, such as 100% bonus on all deposits, 40% bonus on all deposits up to $4,000, and 60% bonus on all deposits up to $5,000.
- ActivTrades does not offer any bonuses or promotions for its account.
FXGiants vs ActivTrades Deposit Options Comparison
Both FXGiants and ActivTrades offer various deposit and withdrawal options, such as bank wire transfer, credit/debit card, Skrill, Neteller, PayPal, and other e-wallets.
Both brokers do not charge any fees for deposits or withdrawals, except for bank wire transfers which may incur fees from the banks involved.
Both brokers process deposits and withdrawals within one business day, except for bank wire transfers which may take longer depending on the banks involved.
FXGiants vs ActivTrades Trading Platforms Comparison
Both FXGiants and ActivTrades offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms as their main trading platforms.
Both brokers also offer their own proprietary web-based and mobile platforms: FXGiants Web Trader App and FXGiants Mobile Trading App for FXGiants, and ActivTrader platform for ActivTrades.
Both brokers provide access to various trading tools and features on their platforms, such as market news, economic calendar, technical analysis, indicators, charts, signals, alerts, order types, risk management tools, and more.
FXGiants vs ActivTrades Analytical Tools Comparison
Both FXGiants and ActivTrades offer various analytical tools to help their clients with their trading decisions and strategies.
FXGiants offers tools such as Autochartist (a market scanner that identifies trading opportunities based on chart patterns), Trading Central (a technical analysis provider that offers market insights and recommendations), VPS Hosting (a service that allows clients to run their trading robots or algorithms on a remote server), PMAM (a platform that allows clients to manage multiple MT4 accounts simultaneously), and Widgets (customizable tools that display market information on the client’s website or blog).
ActivTrades offers tools such as Smart Tools (a suite of add-ons that enhance the functionality of MT4 and MT5), SmartForecast (a tool that calculates support and resistance levels and price movements based on technical analysis), SmartPattern (a tool that scans historical data to find chart patterns and trends), SmartOrder (a tool that improves the execution speed and management of orders), SmartLines (a tool that allows clients to execute orders based on trend lines), SmartCalculator (a tool that helps clients calculate their risk-reward ratio and potential profit or loss), SmartTemplate (a tool that provides buy or sell signals based on technical indicators), Pivot Points Indicator (a tool that shows the daily pivot points and support and resistance levels), Molanis Strategy Builder (a tool that allows clients to create their own trading robots or algorithms without coding), Autochartist (a market scanner that identifies trading opportunities based on chart patterns), Trading Central (a technical analysis provider that offers market insights and recommendations), VPS Hosting (a service that allows clients to run their trading robots or algorithms on a remote server), and Bloomberg TV (a live streaming service that provides financial news and market updates).
FXGiants 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 different brokers may suit different traders depending on their preferences, needs, goals, and strategies. You may want to do your own research, read reviews from other traders, test the brokers with demo accounts, or contact their customer support for more information before making a decision.
