Compare NordFX vs ActivTrades
What is NordFX? What is ActivTrades?
NordFX is a forex broker that was established in 2008 and is regulated by the VFSC (Vanuatu). It offers trading on various instruments, such as forex, CFDs, crypto, metals, and futures.
ActivTrades is a forex broker that was established in 2001 and is regulated by the DFSA (United Arab Emirates), FCA (United Kingdom), and SCB (Bahamas). It offers trading on various instruments, such as forex, CFDs, spread betting, crypto, stocks, oil, metals, energies, ETFs, options, and bonds.
NordFX vs ActivTrades Regulation Comparison
Both brokers are regulated by reputable authorities, but ActivTrades has more licenses than NordFX. ActivTrades is regulated by the DFSA (United Arab Emirates), FCA (United Kingdom), and SCB (Bahamas), while NordFX is only regulated by the VFSC (Vanuatu). This means that ActivTrades has to comply with stricter rules and standards than NordFX, such as client fund segregation, investor compensation schemes, and financial reporting.
NordFX vs ActivTrades Trading Assets Comparison
Both brokers offer a wide range of trading assets, but ActivTrades has more options than NordFX.
- ActivTrades offers over 500 instruments, including forex, CFDs, spread betting, crypto, stocks, oil, metals, energies, ETFs, options, and bonds.
- NordFX offers over 200 instruments, including forex, CFDs, crypto, metals, and futures.
However, NordFX has some unique features that ActivTrades does not have, such as PAMM accounts and trading contests.
NordFX vs ActivTrades Trading Fees Comparison
Both brokers have variable spreads and no commissions on most of their accounts. However, the spreads may vary depending on the market conditions and the account types. The average spread for EUR/USD at NordFX is 1.2 pips on the Fix account and 0.9 pips on the Pro account. The average spread for EUR/USD at ActivTrades is 0.7 pips on the Classic account and 0.5 pips on the Advantage account. Therefore, ActivTrades has lower spreads than NordFX on average.
NordFX vs ActivTrades Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. NordFX has three account types: Fix, Pro, and Zero. The Fix account has fixed spreads from 2 pips and a minimum deposit of $10. The Pro account has variable spreads from 0.9 pips and a minimum deposit of $250. The Zero account has variable spreads from 0 pips and a commission of $3.5 per lot per side. It also requires a minimum deposit of $500.
ActivTrades has two account types: Classic and Advantage. The Classic account has variable spreads from 0.7 pips and no commissions. It requires a minimum deposit of $10. The Advantage account has variable spreads from 0.5 pips and no commissions. It also requires a minimum deposit of $10.
NordFX vs ActivTrades Deposit Options Comparison
Both brokers offer various payment methods for depositing and withdrawing funds from their accounts.
However, NordFX has more options than ActivTrades. NordFX accepts WebMoney, Skrill, Wire transfer, Credit / debit cards, Neteller, Perfect Money and Dragonpay as payment methods.
ActivTrades accepts Credit/debit cards, Neteller, PayPal, Skrill, SOFORT and Wire transfer as payment methods.
NordFX vs ActivTrades Trading Platforms Comparison
Both brokers use MetaTrader 4 as their main trading platform. However, ActivTrades also offers MetaTrader 5 and its own proprietary platform called ActivTrader. MetaTrader 4 is a popular platform that supports automated trading, one-click trading, trailing stop, and pending orders. MetaTrader 5 is an upgraded version of MetaTrader 4 that offers more features, such as more timeframes, more indicators, and more order types. ActivTrader is a web-based platform that offers fast execution, advanced charting tools, and customizable layouts.
NordFX vs ActivTrades Analytical Tools Comparison
Both brokers provide various analytical tools to help traders with their strategies. NordFX offers free education, market analysis, economic calendar, and trading signals. ActivTrades offers free education, market analysis, economic calendar, trading signals, smart tools, and webinars.
NordFX vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better or which one you should choose. It depends on your personal preference, trading style and goals. However, here are some possible factors that you can consider:
- If you value regulation and security, you may prefer ActivTrades over NordFX, as ActivTrades has more licenses and follows stricter rules than NordFX.
- If you value diversity and flexibility, you may prefer ActivTrades over NordFX, as ActivTrades offers more trading assets and account types than NordFX.
- If you value cost-effectiveness and simplicity, you may prefer NordFX over ActivTrades, as NordFX has lower minimum deposits and more payment options than ActivTrades.
- If you value innovation and functionality, you may prefer ActivTrades over NordFX, as ActivTrades offers more trading platforms and analytical tools than NordFX.
Ultimately, the best way to decide which forex broker is better for you is to try them out yourself. You can open a demo account with both brokers and test their services before committing to a real account. You can also read user reviews and feedback from other traders who have experience with both brokers. I hope this helps you make an informed decision.