ActivTrades Review

Offering Forex, CFDs and Spread Betting, ActivTrades is indeed one of the older online brokerages out there. Launched in 2001, it has nearly two decades’ worth of experience under its belt.

Overview

During its almost two decades in the business, ActivTrades has accrued hot and cold trader feedback-wise, and while some people allege “scam” in regards to ActivTrades’ services, overall, users seem to be content with what they’re getting.

As always though, it makes more sense to pore through the negative reviews than the positive ones: some people have noticed wild swings in the spreads around news-release times – which is indeed generally a red flag. By doing this, the broker is usually looking to trigger traders’ stop losses, thus depriving them of their profits.

Other allegations concern the quality (or lack thereof) of support, the refusal on the part of the broker to honor withdrawals and other such issues.

The corporate face behind the Activtrades brand is ActivTrades Plc. The operator currently maintains two physical offices, one in the UK and another in the UAE. The London office is located at 1 Thomas More Square, London, E1W 1YN, while the address of the Dubai one is: 17th floor Emirates Financial Towers, N1702A, N1702F, DIFC, Dubai, UA.

Needless to say, both companies are registered. The UK one is registered in England and Wales, its registration number being: 05367727. This branch of the brokerage is licensed by the FCA, under license #434413.

The Dubai branch of the operator is registered as well and it is licensed by the Dubai Financial Services Authority, under reference #F003511.

In addition to the above, ActivTrades is also regulated by the Securities Commission of the Bahamas. The registration number of the company is 199667 B. The operation is regularly audited by PriceWaterhouseCoopers LLP as well.

Given its compliance with a multitude of customer protection-focused legal requirements, it is safe to assume that ActivTrades is indeed a safe destination for client deposits.

The brokerage observes Enhanced Segregation of Client Money, together with a strict TCF policy (Treating Customers Fairly).

Above and beyond these safety and security guarantees though, why would you want to make ActivTrades your preferred trading destination?

The broker offers a superb selection of trading platforms (MT4 and MT5) as well as an excellent mobile trading suite. The spreads are tight (with the exception of the cases when they are not)  and the maximum available leverage is 1:400.

Excess of FSCS insurance applies to ActivTrades account holders (at least those covered by FCA regulation).

The brokerage also offers a prepaid MasterCard to clients who fulfill the qualifying requirements.

Account Types

A total of 4 account types are offered by the operator, one of which is a free Demo Account. Registering for a free account is extremely quick and fuss-free. Those interested in sampling the offer of the broker risk-free, will like this account-option.

The Individual Trading Account is the obvious choice for “entry-level” traders. It offers balance protection and a maximum available leverage of 1:400. This account type features direct trade execution.

The Professional Trading Account is obviously focused on high-volume traders. In addition to covering all the features of the Individual Trading Account, it offers a host of other perks. The portfolio-size of such accounts needs to be larger than EUR 500,000.

In addition to the above described account-options, ActivTrades also features an Islamic Trading Account, which is fully Sharia-compliant.

Trading Platform/Software

As already said above, ActivTrades is built upon the MT4 and MT5 trading platforms. In addition to MT4 and MT5, ActivTrades also feature a proprietary web trader called ActivTrader.

ActivTrader can be accessed through any browser and its trading features are indeed very decent and useful.

MT4 has been the gold standard in online trading for quite some time now. It can be downloaded for free from the website of the broker and it comes with a superb charting- and analysis package. Scores of technical indicators are included in the downloadable version and traders are free to add (or even to create) their own.

MT5 delivers some improvements over MT4, especially in regards to the coding tools offered to traders.

In addition to the tools made available through these platforms, ActivTrades offers a bunch of supplementary Smart trading tools.

Deposit Options

In addition to SEPA an non-SEPA bank wires, ActivTrades accept credit-and debit cards, as well as Neteller, Skrill and Sofort.

Markets

The ActivTrades market coverage is rather impressive. In addition to the usual selection of tradable assets, such as Forex, Indices, Shares and Commodities, the brokerage offers a pretty outstanding selection of cryptocurrency-based CFDs, covering Bitcoin, Ethereum, Ripple and Litecoin.

Customer Support

Available 24/5, the ActivTrades support can be contacted through email, phone, live chat, as well as a request form.

Safety

As already said above, ActivTrades can be considered – from a technical perspective – a very safe destination for trader investments.

Final Thoughts

ActivTrades’ trading conditions are indeed interesting. One should not forget about some of the trader complaints though, when dealing with this broker.

Activtrades Overview
Regulation: FCA