With ActivTrades’ integration, clients can directly execute trades from their ActivTrades account on the TradingView platform. This seamless connection combines the advanced trading capabilities of ActivTrades with the analytical and social strengths of TradingView, offering a robust trading experience. ActivTrades offers a set of core account types that meet the needs of most traders.
- On the other hand, the offshore entity of ActivTrades is subject to less regulatory oversight.
- I’d also mention that ActivTrades hasn’t yet developed a full educational video offering, which you typically find with the best brokers for beginners.
- We invite you to continue reading the review for additional details on ActivTrades broker.
- Here is a complete breakdown of the deposit methods available at ActivTrades.
Account types
Readers should bear in activ trades review mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. Withdrawing from your live balance is a hassle-free process at ActivTrades as most payment go through within the same working day.
Below, we outline the main benefits of connecting your account to TradingView. ActivTrades provides five-digit price quotes for most available forex pairs. Let’s see how much a standard, mini, and micro lot of EUR/USD will cost you at ActivTrades.
The platform also has trend exploration tools that grant users a lens to discern emerging market trajectories and understand the overall market direction. In an era of web-based solutions, ActivTrades allows traders to utilize its platform without additional downloads. Customers can access the platform directly via web browsers, ensuring a convenient and efficient trading experience. Utilizing a spread-only model for specific accounts, ActivTrades allows traders to engage in forex and CFD trading without additional trading fees. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise.
Trading Accounts
ActivTrades offers one primary account type (referred to as its “Individual Account”) along with Professional Account and Islamic Account options. Traders can also use a demo account to practice trading without risking their funds. It’s worth noting that there is no account type designed specifically for high-volume traders, and no active trader pricing. ActivTrades acknowledges the necessity of on-the-go trading with its mobile applications for both Android and iOS devices.
Notably, ActivTrades doesn’t impose a mandatory initial deposit, making the account initiation phase more accessible to aspiring traders. Providing timely and efficient customer support is one of the biggest strengths of ActivTrades. The support department is at customers’ disposal round-the-clock, delivering quick assistance via multiple communication channels.
Yes, traders on ActivTrades can use Expert Advisors (EAs) with the MT4 platform. EAs enable automated trading by executing predefined trading strategies, making it convenient for traders who wish to implement algorithmic approaches. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. It’s worth noting that these articles, including examples such as “Understanding Oil Benchmarks,” were organized as research content – not as educational resources. Such topics could benefit from being organized into a new educational section.
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. They can be found in the trading platform terminal or on the broker’s website. As the saying goes, ‘You get what you pay for’ and this applies in the case of ActivTrades. Fees are not the lowest available, but the company has invested in providing reliable customer support, a unique proprietary platform, and high-quality research and educational materials.
Risk Warning :
- ActivTrades has built a highly scalable proprietary trading infrastructure on the IBM Cloud, which enables it to deliver lightning-fast order execution with low latency.
- ActivTrades enables onboarding customers to test the waters risk-free by opening demo accounts that closely replicate conditions in the live trading environment.
- My inquiries ranged from basic questions about fees to more complex themes relating to platforms, tools, and regulations.
- There’s even an option to adjust the stop distance if specific price targets are met along the way.
- More sophisticated instruments like bonds and exchange-traded funds (ETFs) are available to traders from most accepted countries.
The tool gives better insights into where one stands amidst the global trading community. Such an assemblage of features not only enlightens the inexperienced but also refines the strategies of the adept. Moreover, ActivTrades prioritizes clients’ fund security by maintaining segregated accounts, ensuring they are separate from the company’s operational funds.
How to create an MT4 Trading Account on ActivTrades
Conversely, swap rates are positive (you earn interest) when the interest rate of the bought currency is higher than that of the sold currency. ActivTrades currently has swap rates of -0.71 pips for long positions in EUR/USD and 0.13 pips for short positions. Long positions incur swap fees of $7.10 per standard lot, whereas short positions earn interest of $1.30 per night. Positions in currency pairs and precious metals incur triple swap rates on Wednesdays. Customers looking to avoid paying or receiving interest can conveniently apply for Islamic accounts at ActivTrades.
Withdrawal Methods
The broker offers the standard lineup of instruments found at CFD brokers and goes a step further with instruments like bonds, ETFs, soft commodities, and shares from global exchanges. The offering could be improved by adding more minor and exotic currencies and deepening the range of crypto pairs. The more advanced MetaTrader 4, MetaTrader 5, and TradingView platforms are also available. These offer experienced traders features like sophisticated order types, robust charting, and automated trading. The broker has fast order execution, solid customer support, and great educational resources, including live webinars. Fees are relatively competitive, and the level of account security also beats the industry average.
MT4 is one of the world’s most well-known and widely used trading platforms. It offers many trading tools, technical indicators, charts, and features for automated trading using Expert Advisors. MT4 also supports the customization of user indicators and trading systems. ActivTrades offers its clients several popular and reliable trading platforms for executing trades in the financial markets.
Does ActivTrades Offer Mobile Trading on MT4 Platforms?
ActivTrades offers CFD trading across 1,267 symbols on MetaTrader 5 and the broker’s proprietary ActivTrader platform. MetaTrader 4 has a smaller selection, as it does not support share trading. ActivTrader covers the most popular asset classes available as CFDs, including popular indices, forex pairs, ETFs, commodities, bonds, and cryptocurrencies, across its platform and account types.
Despite its sleek design and innovative features, it lacks price alerts, a news feed, and market research. Whether on Android or iOS devices, traders can use the MT4 mobile app to manage their trades, monitor the market, and execute orders from anywhere. 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. I’d also mention that ActivTrades hasn’t yet developed a full educational video offering, which you typically find with the best brokers for beginners.