IC Markets is a top CFD broker based in Australia with over 200,000 customers worldwide. In this IC Markets review, we will discuss its leverage, spreads, regulations, deposit & withdrawal methods, fees, and how to open an account with IC Markets. The verification processes and investment safety will also be explored. The company holds multiple regulations worldwide and abides by AML guidelines. Additionally, it employs state-of-the-art technology to protect customers’ confidential information.
ActivTrades Review 2024: Fees, Platforms, Apps, Safety, Pros & Cons
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.78% of retail investor accounts lose money when trading CFDs with this provider. ActivTrades is a UK-based brokerage firm providing an electronic trading platform to trade Forex, Contracts for Difference (CFDs), and spread betting. It provides services to retail and institutional traders via the electronic trading platforms ActivTrader, MetaTrader 4 and MetaTrader 5. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. Mobile and tablet applications have been created for each of the three trading platforms linked to ActivTrades, helping investors manage their positions on the go.
Start Trading With ActivTrades
I tested the spreads at ActivTrades across various markets during the London open and after the New York open. At these times, the market is typically highly liquid with the tightest spreads. For instance, clients under EU entities enjoy a high level of regulatory scrutiny and are covered by a compensation scheme in the event https://forexbroker-listing.com/ of broker insolvency. On the other hand, the offshore entity of ActivTrades is subject to less regulatory oversight. In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we evaluate the broker’s longevity in the industry, the company’s size, and its transparency.
Trading Fees
This means that it takes the other side of the transaction with clients. The residual risk taken on by ActivTrades may or may not be hedged externally. The website breaks down trading costs clearly on the Spreads and Swaps page. To find the nitty gritty details, traders can find the Customer Agreement on the Legal Documents page.
Islamic Account
ActivTrades proprietary platform is a very simple and intuitive tool, particularly suitable for beginner traders. It allows you to customize the main interface to fit your needs, and it also gives you the option of choosing from more than ten languages. In the “charts” section of the platform, you can monitor up to 16 charts at once.
Based on our research, deposits or withdrawal requests on ActivTrades platforms can be done from an online Personal Area, which makes the process seamless and easy. The broker allows to choose major currency types like USD, GBP, and EUR, however, doesn’t support minor currencies. In general, ActivTrades is a good choice for traders who are interested in both the currency and stock markets. The selection of individual stocks and ETFs from the broker is really outstanding and goes far beyond what most other brokers offer. And given that this is a broker fully regulated by the FCA in the UK, it can be recommended to most traders. The broker offers an amazing selection of CFDs on shares of more than 3,000 American, British and European companies.
Platforms and Tools
ActivTrades offers a series of manuals covering MetaTrader 4, MetaTrader 5, and ActivTrader platforms. Video tutorials are also available via the ActivTrades YouTube channel. ActivTrades provides insightful coverage of market-moving stories and useful previews of the economic landscape for the week ahead. I would also like to see more coverage of breaking news via a newsfeed, which is currently lacking via the ActivTrader platform.
- I consider that ActivTrades’ clients really have the world’s markets at their fingertips.
- To receive cash rebates on all trades, you must first reach a notional trading volume of $50 million.
- We rated ActivTrades as above average in every asset category, except for forex and cryptocurrencies.
Investing.co.uk has been helping British traders find the right broker for over 20 years. The company also operates under the Basel II framework (consisting of Pillars 1, 2 and 3), which helps ensure financial soundness among investment firms. Educational videos on how to navigate the MetaTrader platforms are also on offer, as are manuals for those that prefer learning by reading. The Glossary section contains a long list of investing-related terms – something that is particularly useful for beginners not used to broker jargon. Positions are just as easy to close as they are to open and can be done in a couple of clicks on the ActivTrader platform.
The broker’s research and educational facility seem well maintained. It has sufficient resources to cater to clients’ technical and fundamental analysis requirements. Clients can find answers to their queries on a self-serve basis in a dedicated FAQs section. Additionally, the company provides 24/5 customer support in multiple languages.
However, the traders who feel more comfortable and convenient with a user-friendly platform MT4 are also welcomed by ActivTrades, which is available through desktop trading. Moreover, technology has been enhanced with the company standards of security and advanced charts also enable automation of the strategies with EAs. To get full access to all the trading tools offered by ActivTrades, traders must choose the ActivTrader platform. This is a web platform that is available in versions for both desktop computers and for Apple and Android mobile devices.
It enables clients to practise trading and risk management strategies without compromising their real funds. The broker offers a virtual balance of up to $200,000 in a demo account. However, you always have the option to sign up for a new demo account using a new email ID. At ActivTrades, funds can be deposited and withdrawn using a wide range of methods including bank transfer, credit/debit cards, digital wallets, online payment systems, and crypto.
These apps are available for download on both Apple (iOS) and Android (APK) devices. Our experts found the ActivTrader mobile app to be intuitive and easy to navigate. Positions can be opened and closed in seconds and activtrades forex broker there is a decent level of account management and analysis supported. We found it quite satisfying to see such trading conditions with the lowest spreads, and no dealing desk intervention in the trading process.
ActivTrades gives traders access to several popular trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView. The platforms are renowned for their advanced charting tools, algorithmic (algo) trading support, ease of use, and flexibility in trading strategies. Additionally, ActivTrades offers its proprietary platform ActivTrader, further enhancing its diverse range of trading options for new and experienced traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
CFDs are a financial instrument that allows traders to invest in the stock market by using the underlying assets (stocks, stock indices, commodities, forex, and so on). As a result, the broker is dedicated to preventing negative balances in its clients’ accounts. As a result, traders who use this broker will not risk losing more money than they originally invested. Two of the most famous, reliable and popular trading platforms in the world. Many brokers recommend them, and anyone who has traded has heard of them. ActivTrades integrates seamlessly with MetaTrader 4 and MetaTrader 5 to accomplish this.
CFD trading fees are included with the spread, facilitating a transparent and straightforward pricing structure. ActivTrades’ exposure to indices is equally enticing, allowing traders to invest in collective market movements., allowing traders to invest in collective market movements. For those with an eye on the future, the broker provides opportunities to delve into cryptocurrency trading, embracing the evolution of digital currencies. ActivTrades hold a superb reputation among clients on Trustpilot as well. Almost 79% of clients rated the company to be an excellent choice for trading forex and CFDs. The company holds a rating of 4.3 out of 5 stars after 741 reviews.
It comes with a fully functional and technologically advanced platform. ActivTrades is a regulated online trading broker that has been in business for over 2 decades and allows you to invest in a wide range of markets. Its headquarters are in London, and Alex Pusco is the CEO of the company. Moreover, ActivTrades prioritizes clients’ fund security by maintaining segregated accounts, ensuring they are separate from the company’s operational funds. For those seeking an added service, managed accounts are also part of the broker’s bouquet. However, traders should know that ActivTrades currently does not accommodate US traders.
