ActivTrades review

ActivTrades is a forex and contract for difference (CFD) broker currently headquartered in London, UK. It was founded in Switzerland in 2001 before moving its headquarters to the UK.

The brokerage firm offers trading services across a wide range of markets including Forex, Stocks, ETFs and Cryptocurrencies.

This review will explain how ActivTrades works, its main features, strengths and weaknesses, and why you should use it for trading before making a final judgment.

Usage

ActivTrades, a forex/CFD brokerage firm, differs from cryptocurrency exchanges in that clients must create an account and deposit fiat currency to trade.Crypto exchanges allow clients to hold only crypto assets in their accounts

Its product portfolio includes various Stock Indices, Commodity CFDs, ETF CFDs, Fixed Income CFDs, Futures CFDs, and Cryptocurrencies. When it comes to cryptocurrencies, ActivTrades only offers cryptocurrency and US dollar pairs that trade like forex.

The account opening process is easy and fast, and account verification takes 24 hours. The process starts with selecting your country of residence, adding your personal details, choosing your trading account type and base currency to use, and finally your ID or passport, bank statement or utility bill, and a photo. Upload documents containing

It is important to note that there are countries where ActivTrades does not accept clients and you may not be able to create an account if you are from those countries. These countries include the United States, Canada, Serbia, Guinea, Iran, Belarus, British Columbia, Islamic Republic, Iraq, Japan, Poland, Syria, Afghanistan, US Virgin Islands, Yemen, Zimbabwe, and others.

Main function

• ActivTrader Platform This is ActivTrades’ native trading platform that clients can choose to use in addition to the regular Metatrader trading platforms (MetaTrader 4, MetaTrader 5).
• Dedicated add-on T.These are a set of add-ons that ActivTrades clients use with their trading platform. These add-ons include SmartOrder 2, SmartLines, SmartCalculator, SmartTemplate, SmartPlatform, SmartForecast, and Pivot Point Indicator.
• Negative balance protection. ActivTrades provides negative balance protection to its retail clients using a balance protection policy.
• webinar ActivTrades offers a large number of constantly updated webinars. These webinars will be attended by guest speakers and other experts.
• Account type ActivTrades offers 3 types of real accounts: personal, institutional and Islamic accounts.
• Order type ActivTrades allows clients to place market, limit and stop orders.
• Order time limit The broker allows clients to use order time limits of valid until canceled (GTC) and valid until valid (GTT).

ActivTrades Pros and Cons

Strong Points

• ActivTrades offers a free demo account that allows clients to test their trading platform or test out new trading strategies.
• Offers low transaction fees.
• There are no fees for depositing and withdrawing funds.
• Withdrawals usually take only one day to process.
• The account opening process is seamless and fully digital, taking only minutes to complete and 24 hours for verification.
• ActivTrades offers a well-designed and easy-to-use mobile trading platform.
• This allows traders to use fully automated trading.

Cons

• Requires a very high minimum deposit. Especially for personal accounts with a minimum initial deposit of $///CHF 500.
• It has a slim product portfolio, especially when it comes to cryptocurrencies.
• We only offer USD trading pairs.
• Accounts that have not been used for more than one year will be charged an inactivity fee. The inactivity fee is 10 per month.
• Not available in some countries, including the United States.

Why should I trade using ActivTrades?

With decades of experience in the industry, ActivTrades allows you to trade cryptocurrency CFDs on a simple and easy-to-use platform. Brokers are go-to trading partners, especially for cryptocurrency traders looking for something different than what is offered by centralized and decentralized crypto exchanges.

Interesting things about ActivTrades include competitive spreads, top-notch educational tools, negative balance protection policies, and Lloyd’s of London insurance for client funds.

final verdict

ActivTrades is a CFD/Forex Broker that has been around for many years. Additionally, you can trade cryptocurrency CFDs, which are not common on many CFD/Forex brokers and cryptocurrency exchanges.

In addition to offering a limited portfolio of products, it has proven to be a reliable and reputable broker.

Educational tools make ActivTrades a great broker for all traders. Beginner or experienced.