ActivTrades Review
Forex trading on an excellent level, this is what you can expect with ActivTrades. Found in 2001 the forex trading broker is regulated by a top-tier, reputable financial authority – the UK's FCA, the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, and also by the SCB (Security Commission of the Bahamas).
ActivTrades has a long track record of providing forex broker services and is considered safe and reliable, plus it offers great possibilities for currency trading.
In this review, we will explore all the important aspects of forex trading with this broker and why it is a good choice.
Markets and Products
ActivTrades offers more than 1000+ instruments – Forex, CFD, Shares, Indices, Commodities, and ETFs. There is a wide range of tradable products to choose from among which, 35+ indices, 50+ Forex pairs, 15+ commodities, 24 ETFs, and 500+ shares.
For the most up-to-date information on the available assets, visit the official trading website.
Trading costs vary depending on the trading platform and account type, which are discussed below.
Trading Fees
Although it is hard to compare trading fees for different CFD brokers, it is safe to say that ActivTrades works with generally low trading fees.
After comparing popular instruments within each asset class we decided to use the following leverage for a $2000 position for stock index and CFD and $20,000 for forex trading.
- 5:1 for stock CFD
- 20:1 for stock index CFDs
- 30:1 for foreign currency exchange
- For clients of TraderFactor, you can trade with 1:200 leverage. If you qualify for a professional-client you can trade with 1:400 leverage.
These benchmark fees include commissions, financial costs, and spreads for the brokers that we compared.
Here is the verdict:
CFD fees – Generally low CFD trading fees for a $2,000 leverage position held for a week.
Forex fees – Compared to other traders the fee for a $20,000 30:1 long position help for a week is also low.
Minimum Deposit
The minimum deposit for trading with this broker was 500, depending on the account currency, now it is 10 USD, EUR, or GBP.
Crypto Trading
Back in 2017, ActivTrades launched a list of new contacts, among which the most popular cryptocurrencies – are Litecoin, Ethereum, and Bitcoin. Since then the portfolio of crypto pairs on offer has grown significantly
The currency trading takes place on all the supported platforms – ActivTrader, MetaTrader 4 and 5 for desktop, mobile and tablet. The broker is not charging commissions for the crypto contracts and offers 1:5 leverage.
Commissions & Spreads
The pricing model with this broker is very competitive and costs are quite transparent.
There are commission overnight fees for forex swaps and shares, for the rest foreign currency trading is very accessible. All non-share CFD markets are commission-free.
The commissions and spreads are published on the forex broker website and are publicly available.
Bonus & Promotions
Due to the UK Financial Authority rules, traders who open an account with ActivTrades regulated by this authority will not have access to any bonus or promotions (including forex bonus).
Clients with SCB-regulated accounts are offered a refer-a-friend bonus and cashback, this is also valid for a forex bonus.
Trading Platforms
Web & Desktop
Trading with ActivTrades is easy because you can do it from globally-recognized platforms such as Meta Trader 4 and 5, as well as their own ActivTrader online trading platform, all accessible on Desktop, Web, and Mobile. All platforms can be accessed from the Personal Area and are very well secured.
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