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ActivTrades Review 2020 – Is it Safe to Trade: ActivTrades is a broking website that started its operations in 2001 in London, UK. The broker is actively engaged in offering trading products to its users for buying and selling at highly competitive prices. It also has several tools and trading platforms to serve customers. These tools help the trader in hassle-free execution.
Further, there is a demo account service for new users to have some real experience. The broker is authorized and regulates under top bodies.
The article shall do an ActivTrades broker review. It would present the significant features of the broker with a conclusion post.
Is ActivTrades Broker Safe?
ActivTrades is an authorized and regulated broker. It is licensed under the UK’s Financial Authority Body and Securities Commission of Bahamas (SCB). The trading website registers with one tier 1 and one tier 3 governing body, and these bodies work for clients’ interests.
The users’ funds are also segregated and secured. The portfolios from the UK enjoy the insurance benefit up to 85,000 Euros because the broker works with Financial Services Compensations Scheme too.
The client offers negative balance protection and insures non-UK clients’ up to 1,000,000 Euros (Combined).
In total, the ActivTrades broker is safe, and the clients can trade with them without a doubt. Further, the funds are secure with high IT services by the trading website.
ActivTrades Review 2020: Top Features
Trading Platforms
The first advantage of trading with ActivTrades is getting free advanced tools & platforms.
The broker offers the popular trading platforms MT4 and MT5, which facilitate the uncomplicated and smooth trading of assets. The platforms can operate via web, mobile, and desktop, and have an understandable user-interface. Economic calendar, one-click trading, hedging, scalping, automatic trading, etc. are some of the notable features. There are price alerts and 21-time frames too.
One can do 24-hour trading, stream news, set alerts and set limit orders.
Assets
The broker has a wide range of 500+ trading assets available to all its users. The list includes stocks, oil, commodities, indexes, foreign currencies, and complex derivatives. However, remember except foreign currencies, all other market products are available as financial derivatives only for trading.
The trade execution is free and comfortable with the MT4 platform.
ActivTrades – Customer Service Reviews
ActivTrades customer support is commendable and fast. The team works hard to resolve the queries and is wise enough to answer all the questions. The executive was polite and intelligent, and the average response time was less than 1 minute. The executives are accessible from Monday to Friday, 24/5 for their clients. A trader can contact the broker on live chat, telephone, or email.
Moreover, there is a dedicated FAQ page too where the users can go for their common & frequently asked queries.
In total, a user shall not face any difficulty.
Deposit & Withdrawal
The ActivTrades broker offers users with many deposit and withdrawal methods. Some of them are Skrill, Neteller, bank wire transfers, debit/credit cards, Sofort, and many. There is no charge on depositing funds, but some fees might apply on withdrawals. However, some withdrawal methods are free too.
The technology behind this is easy and fast. The user shall not see any glitches during the transactions. Also, the processing time is 3-5 days for withdrawals and less than 5 minutes in deposits.
Note that the minimum deposit amount required to start a real trading account with the broker is $250.
Fees & Commission
The broker’s primary income comes from the spreads, and they don’t charge any commission other than it. The spreads are starting from as low as 0.5 pips with no overnight rollover charges.
The fees might also vary as per the account type, i.e. individual and professional. However, remember, there is a commission on derivative share trading. The percentage varies as per the share, but the minimum is $1 or 1 Euro.
In total, the broker is commission-free as well as offers competitive prices, except on shares.
Tools
The ActivTrades broker offers several research and analysis tools for its users. The devices can use for market analysis, price prediction, chart reading, learning new things, and many more. With the help of these tools, the clients will be in a better position to make better trading decisions.
Some of the standard tools on their website are charts, patterns, indicators, and signals. There are both technical as well as fundamental tools available, and some advanced tools like smart order, smart pattern, and forecast are free of cost.
Education
The broker has a dedicated educational portal for building up the knowledge base of their clients. A user can smoothly navigate to their page and understand the organization without any effort. There are videos, webinars, seminars, E-books, courses, and many other things available.
Leverage
The broker claims to offer a high leverage facility with no re-quotes and rejections. ActivTrades provides the maximum margin up to 1:400 with no effect on the speed of execution. However, the offer is only for the clients of Dubai and Bahamas, and not for UK users.
The reason is the UK’s financial body limits its brokers to offer high leverage, and the maximum available limit is 1:30.
The Bottom Line
ActivTrades is a regulated and trusted trading website. The broker has been in the trading industry for almost two decades now and has evolved significantly. However, the scope of improvement is still left. Services like customer support, fees & commissions, and tools can be improved.
Further, the broker offers excellent services like a wide range of assets, high leverage, education portal, and safe trading.
But, the customer is the king, and it has all the rights to choose the broker, as per needs. Make sure that the decision is logical and based on rationality.
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