Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Since its establishment in 2001, ActivTrades has successfully navigated the trading industry.
ActivTrades offers a comprehensive range of tradable assets, catering to the diverse needs and preferences of traders worldwide. With over 1,000 instruments available across multiple asset classes, the broker provides ample opportunities for portfolio diversification and exposure to various market sectors. Moreover, ActivTrades offers negative balance protection to its clients, ensuring that they cannot lose more than their account balance. This feature is crucial for managing risk and protecting traders from unexpected market volatility.
Main Insights from Exploring ActivTrades’s Tradable Assets
Training at ActivTrades is comprehensive and diverse, allowing traders to choose the most suitable materials and learning formats. As a result, traders can continuously improve their skills, learn new strategies and analysis methods, and better understand the nuances of working in financial markets. It is important to remember that the analytics provided by the broker are an additional tool for traders and do not guarantee success in trading. Using the provided analytical materials and tools in conjunction with your market analysis and trading strategies is strongly recommended.
Swap fees for overnight positions are clearly displayed, ensuring that all costs are transparent and predictable. ActivTrades is a well-established UK-based brokerage firm that has been serving traders worldwide since its founding in 2001. The firm provides access to a wide range of markets including Forex, CFDs on shares, indices, commodities, bonds, ETFs, and cryptocurrencies, catering to both retail and institutional investors.
You will need to fill out an online application form, providing personal information such as your name, contact details, country of residence, and financial background. Once your demo account is set up, you can start trading with virtual funds, allowing you to practice and test strategies without any financial risk. ActivTrades offers competitive floating spreads, ensuring flexibility and transparency for traders. The average Forex spread is 0.5 pips on the EUR/USD pair, making it an attractive choice for cost-conscious traders. Islamic Accounts are available for clients who require an account that complies with Sharia law, offering interest-free trading. Spread Betting Accounts are offered exclusively to UK clients, enabling tax-free trading of various financial instruments.
Deposit and Withdrawals
For example, bank transfers incur a fee of £9, which may be a consideration for traders opting for this method. Additionally, traders should note that currency conversion fees of 0.5% may apply if the withdrawal is made in a different currency than the account’s base currency. Another important feature is the broker’s ability to offer competitive leverage on certain instruments, which enhances trading flexibility. However, different regions might have variations in available instruments due to local regulatory restrictions. Moreover, while the asset selection is diverse, trading some instruments may involve additional fees or margin requirements, and the range of instruments is primarily limited to Forex and CFDs.
Its average order execution speed is 4 milliseconds, which is far above that of other derivatives brokers. The broker’s impressive lineup of platforms includes its own ActivTrader, the seamless TradingView, and the popular MetaTrader 4 and MetaTrader 5. ActivTrades also steps up its game with its ultra-fast order execution speeds, averaging 4 milliseconds. Further to this helpful content is a comprehensive trading glossary, and a broad range of 18 video tutorials that covers topics suitable for all traders from beginner to advanced.
You cannot even imagine how surprised I was when I realised that my trading style is able to bring me good profits. With representatives fluent in various languages, including English, Spanish, Italian, and German, ActivTrades ensures effective communication for a global customer base. Additionally, the broker provides an extensive Help Center on its website, offering valuable resources and answers to common inquiries, helping traders resolve issues quickly or learn more about trading. ActivTrades offers a range of withdrawal options for traders, including bank transfers, credit/debit cards, and e-wallets, providing flexibility depending on the trader’s location and preference. However, some users on ForexPeaceArmy mention concerns with account terminations under the 🇧🇸 Bahamas entity. Yes, MT5 is accessible on desktop, mobile (smartphones and tablets), and via a web platform with no download required.
ActivTrades offers the full version of MT5, which includes advanced charting tools, a greater number of timeframes, and the ability to trade a wider range of assets. Like MT4, MT5 is available as a desktop application for Windows and Mac, as well as a mobile app for iOS and Android devices. MetaTrader 4 is a widely-used trading platform known for its user-friendly interface, advanced charting capabilities, and extensive customization options. ActivTrades provides clients with access to the full version of MT4, which includes a wide range of built-in indicators, as well as the ability to create and use custom indicators and Expert Advisors (EAs). MT4 is available as a desktop application for Windows and Mac, as well as a mobile app for iOS and Android devices.
Customer Service
Swaps are the interest a trader pays or receives for carrying a position over to the next day. The exact values of swaps depend on the currency pair and the direction of the position. This allows flexibility in your trading strategies and the ability to adapt maximally to the market.
How to contact support?
The broker provides its contract specifications in standard lots, but traders on a budget can place orders in micro lots as well. The minimum amount you can trade is 0.01 lots, which corresponds to 1,000 units in a base currency. These flexible contract specifications render the broker a compelling option for small and large-volume traders alike. The broker claims demo accounts are available for unlimited time, but after opening one, we noticed it expires after 30 days. The good news is you can always set up another demo account from your Personal Area. We should also warn you there is a 15-minute delay in demo account price quotes.
ActivTrades provides a number of useful risk management tools to assist you in managing both the positions you are in, and the positions you are seeking to enter. These tools are provided directly through the trading platforms and include the ability to set stop losses, take profits, and trailing stops on open positions. You can also set limit orders to manage your entry position on new trades, and the broker has a margin call in place if you are trading on leverage. This will help ensure you retain a certain level of equity in your account at all times.
- After completing the deposit, you can start trading with real capital on the platform of your choice, such as ActivTrader, MT4, or MT5.
- The broker’s impressive lineup of platforms includes its own ActivTrader, the seamless TradingView, and the popular MetaTrader 4 and MetaTrader 5.
- The broker sources and compares prices across multiple liquidity providers to deliver the best quotes possible to customers.
- The broker provides its contract specifications in standard lots, but traders on a budget can place orders in micro lots as well.
- They have received more than 30 in total including as recently as 2019 when they won the Shares Award for Best Tools, and the ADVFN award for the Best Online Trading Services, also in 2019.
Instead, customers pay administrative fees on their overnight trades after a certain grace period, which is not explicitly stated on the ActivTrades website. ActivTrades is a good choice for beginners due to its easy-to-use ActivTrader platform, well-laid-out website, and decent balance of educational content and research tools. The ActivTrader platform is easy to use, thanks to its minimalist design and layout, making it suitable for beginners who might be intimidated by more complex trading software.
We also dive into each broker’s trading costs, such as activtrades forex broker VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. ActivTrader delivers a cutting-edge trading platform designed for both beginners and professionals. It offers over 1,000 CFDs across seven asset classes with advanced features like progressive trailing stops and market sentiment tools.
Non-Trading Fees
- With a strong regulatory framework, diverse trading platforms, and a commitment to customer satisfaction, ActivTrades offers a comprehensive trading experience.
- Traders can also use a demo account to practice trading without risking their funds.
- With that said, this amount can be greatly reduced if you decide to avail of the leverage the broker offers.
It offers many trading tools, technical indicators, charts, and features for automated trading using Expert Advisors. Furthermore, the broker’s European operations benefit from regulation by the relevant authorities, while its activities in Mauritius are governed by the Financial Services Commission (FSC). The FSC in Mauritius upholds high standards for operational integrity and client protection, ensuring that traders in that jurisdiction enjoy a secure and reliable trading environment. It’s also important to note that some account features may vary depending on the regulatory region. Such variations ensure that ActivTrades can tailor its services to meet local regulatory requirements and market conditions while still offering a comprehensive suite of account types.
The selection of cryptocurrencies is modest, covering a dozen or so of the most popular digital coins. While opening a joint account is an option at ActivTrades, the broker currently does not offer Percentage Allocation Management Module (PAMM) accounts. Their absence may deter potential clients seeking a more hands-on approach to forex trading and passive portfolio diversification. There are no commission-based accounts, either, but this is hardly a setback considering the tight spreads available to ActivTrades customers.
ActivTrades Account Opening Process
He is like a mentor that I haven’t met but he is always with me in a way that his teachings are in my mind! Learned a lot of from him and I wanna express endless gratitude for him and activtrades for making these webinars happen. What I like in his style is that he is not ego driven and still looks and overviews the new styles like SMC and what not to see if they work or not. MY strategy has gotten so much better and my wr is on its journey upwatds📈📈 bbecause I am following the lessons, and I am pushing myself to practise more. ActivTrades’ referral program stands out with its high payouts, cashback perks, and easy participation steps.
I’m trading with activtrades on their custom platform, and had some challenges in the beginning. There was a bug or something on their own with the opening positions tab, but I guess that was common and customer service explained to me how to get away from that and use the platform to the fullest. The spreads are fine, however, sometimes they may widen and it’s actually very well felt during trading on session overlaps. Additionally, the platform offers advanced charting tools with customizable layouts, ensuring traders can analyze and act on market movements with precision. The swap rates vary depending on the instrument traded, the position size, and whether the position is long or short.
No Responses