Compare InstaForex vs ActivTrades
What is InstaForex? What is ActivTrades ?
InstaForex is a forex broker that was established in 2007 and offers trading services in various instruments, such as forex, CFD, binary options, and cryptocurrencies. InstaForex is regulated by the FSC of the British Virgin Islands and the FSA of St. Vincent and the Grenadines. ActivTrades is a forex broker that was established in 2001 and offers trading services in various instruments, such as forex, CFD, spread betting, and cryptocurrencies. ActivTrades is regulated by the FCA of the United Kingdom, the DFSA of the United Arab Emirates, the SCB of the Bahamas, and the FSCS of the United Kingdom.
InstaForex vs ActivTrades Regulation Comparison
Both brokers are regulated by reputable authorities, but ActivTrades has more licenses than InstaForex. ActivTrades is also a member of the Financial Services Compensation Scheme (FSCS), which protects clients’ funds up to £85,000 in case of insolvency.
InstaForex vs ActivTrades Trading Assets Comparison
Both brokers offer a wide range of trading assets, but InstaForex has more options than ActivTrades. InstaForex supports trading with Forex, Gold & silver, CFD, Binary options, Crypto, while ActivTrades presents the ability of trading with Forex, CFD, Spread betting, Crypto, Gold & silver, Oil, Stocks, Soft commodities, Metals, ETF.
InstaForex vs ActivTrades Trading Fees Comparison
Both brokers charge competitive fees for their services, but InstaForex has lower minimum deposit and higher maximum leverage than ActivTrades. InstaForex requires only $1 to open an account and offers up to 1:1000 leverage, while ActivTrades requires $10 to open an account and offers up to 1:400 leverage. However, ActivTrades has lower commissions than InstaForex. ActivTrades does not charge any commissions for its accounts, while InstaForex charges $30 per lot for its ECN account.
InstaForex vs ActivTrades Account Types Comparison
Both brokers offer different types of accounts to suit different trading styles and preferences. InstaForex offers four types of accounts: Standard, Eurica, ECN, and PAMM. ActivTrades offers two types of accounts: Classic and Advantage. The main differences between the accounts are the spreads, commissions, minimum deposits, and available instruments.
InstaForex vs ActivTrades Deposit Options Comparison
Both brokers offer various methods for depositing and withdrawing funds from their accounts. InstaForex accepts Skrill, Wire transfer, Credit / debit cards, Neteller, UnionPay, AliPay, SOFORT, Crypto, Litecoin, Dash, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, NEO, AstroPay and EOS.IO as payment options. ActivTrades accepts Credit/debit cards, Neteller, PayPal, Skrill, SOFORT and Wire transfer as payment options. Both brokers process withdrawals within 24 hours for most methods.
InstaForex vs ActivTrades Trading Platforms Comparison
Both brokers use MetaTrader 4 and MetaTrader 5 as their main trading platforms. These platforms are popular among traders for their user-friendly interface, advanced charting tools, customizable indicators, automated trading features, and compatibility with various devices. However, InstaForex also offers its own platform called InstaBinary for binary options trading. ActivTrades also offers its own platform called ActivTrader for web and mobile trading.
InstaForex vs ActivTrades Analytical Tools Comparison
Both brokers provide various analytical tools to help traders with their market analysis and trading decisions. InstaForex offers free education, trading contests, bonus offers, and news updates on its website. ActivTrades offers free education, promotions, and news updates on its website. Both brokers also provide market analysis, economic calendar, trading signals, and webinars on their platforms.
InstaForex vs ActivTrades . Which forex broker is better? Which forex broker should you choose?
Choosing the better broker depends on your personal preferences and trading goals. However, you can refer to some tips on how to choose a broker that suits your needs:
- Consider your trading style and strategy. Do you prefer low spreads or high leverage? Do you trade frequently or occasionally? Do you use automated trading or manual trading? These factors can affect the type of account, platform, and fees that you need from a broker.
- Check the regulation and reputation of the broker. Make sure the broker is licensed by a reputable authority and has a good track record of serving clients. You can also read reviews and testimonials from other traders to get an idea of their experience with the broker.
- Compare the trading assets and instruments that the broker offers. Do you want to trade forex only or diversify your portfolio with other markets? Do you want to trade CFDs, spread betting, binary options, or cryptocurrencies? Make sure the broker has the assets and instruments that you are interested in.
- Test the broker’s platform and customer service. You can open a demo account with the broker and try out their platform and features. You can also contact their customer service and see how responsive and helpful they are. This can help you assess the quality and reliability of the broker.