Continue reading to determine whether ActivTrades is the right fit for you. We explore all vital aspects of the broker’s operations, including spreads and trading costs, available market range, platform features, and more. Most platforms, including Pocket Option, offer mobile versions, though they typically have fewer features than desktop versions due to screen size limitations. Mobile apps are useful for monitoring positions and making simple trades when away from your main setup. For example, depositing with digital coins is an option only for customers registered at the Bahamas and Mauritius-licensed divisions of ActivTrades.
Trade Execution
Credit and debit card deposits under the CMVM entity may incur additional fees of 0.5% or 1.5%. The exact rates depend on whether the card issuer is based in the UK/EEA or not. Sell orders are subject to an activity assessment fee (historically from $0.01 to $0.03 per $1,000 of principal). A limited number of ETFs are subject to a transaction-based service fee of $100.
These flexible contract specifications render the broker a compelling option for small and large-volume traders alike. Most active trader platforms allow users to customize chart layouts, colors, and timeframes to suit individual preferences. This customization helps traders create workspaces that optimize their analytical process. One of the standout features of this software is its exceptional customer support. Users have consistently praised the customer service team for their prompt and helpful responses to queries or issues encountered. This kind of positive and quick response has built trust among users, helping them feel supported throughout their investment journey.
- Professional traders typically use multiple indicators in combination rather than relying on any single one.
- The broker does not exclude them from negative balance protection and investor compensation, a rarity in the industry.
- The broker levies these charges after 50 weeks of inactivity, as a customer support agent kindly informed us.
- There is no minimum withdrawal amount for fiat-based methods, but cryptocurrency users must cash out at least $25.
Active Trader Pro is Fidelity’s customizable trading platform for the desktop and optimized for online trading technology. The solution offers real-time insights, visual snapshots to monitor investments, and trading tools. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in 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. Customers are safeguarded from running up debt with negative balance protection, which is available to traders across all entities.
ActivTrades is fully compliant with the regulatory standards of some of the world’s toughest financial watchdogs. In accordance with their requirements, the broker undergoes regular financial audits by PricewaterhouseCoopers (PwC). PwC, along with Deloitte, KPMG, and Ernst & Young, is one of the Big Four auditing firms that reviews major public and private companies globally.
Zero account minimums and zero account fees apply to retail brokerage accounts only. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs) and commissions, interest charges, or other expenses for transactions may still apply. Active Trader Pro is a dynamic trading platform that provides you with customizable tools to help you trade, track the market, see the latest financial news, monitor your portfolio, and more. You can customize your Active Trader Pro experience to adapt to a layout that works best for you. Apart from negative balance protection, clients are eligible for investor compensation of up to €25,000 under the Investor Compensation System (ICS).
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Here are some interactive brokers 2021 review of the most distinctive features available to MT4 users at ActivTrades. From what we gather, average spreads at ActivTrades overlap across all available account types. Stock traders incur commissions of $0.02 per share ($1 min) for US shares, 0.05% (€1 min) or 0.05% (€5 min) for European shares, and 0.10% (£1 min) for UK shares. The broker’s tight spreads give it a competitive advantage over some of its closest competitors.
Setting up a demo account is hassle-free, as you must select your preferred platform, base currency, virtual balance, and leverage ratio. ActivTrades is renowned for its attractive pricing structure, where trading expenses result solely from spreads and swap rates for overnight positions. According to the broker’s order execution statement, ActivTrades acts as a counterparty and deals on its own account. The broker sources liquidity from third-party providers to determine its price quotes and manage risk.
- Withdrawing from your live balance is a hassle-free process at ActivTrades as most payment go through within the same working day.
- We explore all vital aspects of the broker’s operations, including spreads and trading costs, available market range, platform features, and more.
- Users have reported that the investing platform and research software have greatly improved their investment strategies and productivity.
- KYC requirements largely depend on which ActivTrades entity clients register from.
These tools allow for detailed technical analysis and pattern recognition. Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for luno exchange review all investors. Please assess your financial circumstances and risk tolerance before trading on margin.
How do professional traders use technical indicators effectively?
The broker charges no commissions as all CFD trading costs are covered by the spreads. Besides the standard market, limit, and stop loss orders, account users will benefit from advanced order types like Fill or Kill and Immediate or Cancel. Customers have access to an intuitive proprietary platform (ActivTrader), alongside trader-favorites like MT4, MT5, and TradingView. The broker has earned a solid 4.6-star rating on Trustpilot, with over 70% of all reviewers giving it a 5-star score.
common options trading mistakes to avoid
Our reviewers compiled a list of the most compelling reasons why you should try ActivTrades after conducting extensive research into the broker and testing its services with what is nfp live accounts. Apply for optionsLog In RequiredTo trade options you’ll first need to complete an options application and get approval on your eligible accounts. Created especially for skilled traders, our exclusive suite of services can give you a clear trading advantage, including access to a team of trading specialists and expedited call routing. These offshore licenses enable the broker to do business with customers from most regions worldwide, including Asia, Oceania, Africa, and Latin America. These order types help manage risk while maximizing trading opportunities. They’re especially useful when trading across multiple positions or markets simultaneously.
ActivTrades excels in the research and education department, providing customers with a broad range of materials to help them hone their skills and advance their knowledge. Here is a closer look at what traders can anticipate in terms of research and learning materials. The company opened a branch in Lisbon roughly at the same time after receiving a license from the Portuguese Securities Market Commission (CMVM). For example, the broker has a registration with the Italian regulator CONSOB but CMVM effectively oversees its operations in Italy. The excellence of its services has earned it over 60 prestigious international accolades.
Mobile trading
ActivTrades is quite transparent about its pricing, providing detailed information about the average spreads and swap rates of all available trading symbols. To wrap things up, ActivTrades is a solid online brokerage that is likely to appeal to a broad range of traders. Its competitive spreads, diverse platform options, and strong regulatory oversight attract both retail and professional traders. The broker’s commitment to transparency and compliance, coupled with its varied range of trading tools, position it as a viable option for those seeking a reliable online trading partner. ActivTrades enables onboarding customers to test the waters risk-free by opening demo accounts that closely replicate conditions in the live trading environment. The accounts are suitable for beginner and seasoned traders, allowing them to acquaint themselves with the software and test new strategies without limitations.
The selection of cryptocurrencies is modest, covering a dozen or so of the most popular digital coins. However, the broker supports the MetaTrader suite of platforms that enable the use of Expert Advisors. This makes it possible for clients to implement third-party EAs for automated trading, which is not entirely dissimilar to how copy trading works. ActivTrader is the browser-based proprietary platform of the broker that requires no additional software downloads on desktop. The absence of a strategy tester is among the very few shortcomings of ActivTrader. Here is what makes this intuitive proprietary platform stand out from the crowd.
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. Options trading entails significant risk and is not appropriate for all investors. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.
Additionally, ActivTrades regularly audits its trading infrastructure to detect and eliminate vulnerabilities if necessary. Client funds are ring-fenced from the broker’s operational capital and kept in segregated accounts at tier-one banks like Barclays, Lloyd’s, Citibank, and RBS. As previously explained, ActivTrades is the sole execution venue for customer trades, acting as a counterparty and dealing on its own account. The broker sources and compares prices across multiple liquidity providers to deliver the best quotes possible to customers. The company’s order execution statement additionally reveals that ActivTrades relies on its liquidity providers for hedging as a means of reducing its risk exposure. Customers with professional accounts can additionally participate in the broker’s cashback program and earn referral bonuses for every new client they introduce to ActivTrades.
