An Exploration of ActivTrades
Founded in 2001, ActivTrades has grown to become one of the industry’s most in-demand mainstream Forex brokers. A considerable amount of time in the market ensures its fair share of pros and cons, and ActivTrades has also come under criticism and regulatory penalties. But, over time ActivTrades absorbed everything in order to better their services for their investors.
Signing Up and Regulation of ActivTrades
Since 2007, ActivTrades has had its head office in London and is a regulated member of the FCA. The FCA has been actively evaluating businesses within their structure and their market behavior, which is a positive hint for traders when selecting an FCA-controlled trader. ActivTrades is among the few firms to receive a strike from the FCA for allegations of misconduct. Investors can be confident using ActivTrades is secure in terms of the safety of their funds.
When a broker goes bankrupt, investors can be compensated up to £500,000. This is the Financial Services Compensation System, which is part of the FCA’s customer safety initiative.
Except for the U.S, ActivTrades is accessible to all investors. Strangely, the company hasn’t established a unit in the US to cater to US traders, given that they have a long track record of outstanding brokerage assistance. ActivTrades also holds the right to enable or reject investors the opportunity to set up an account with the company based on their place of residence. As a result, before setting up an account and making a payment, it’s often best to consult with the relevant ActivTrades executives.
What kind of features is ActivTrades offering?
The company provides extremely competitive spreads as low as 0.7 price interest points (pips) for substantial currency sets and 0.5 pips for several other measures like commodities and rare metals. While being one of the few brokers out there with the lowest spreads, in volatile market conditions traders could very well encounter enlarged spreads and there may be differences between the expected price of a trade and the price at which the trade is executed i.e slippages. News events that create volatility in the market can harm traders who use high-risk strategies.
Traders can take advantage of total leverage of 1:400, formerly thought to be the maximum leverage in Forex trading. Since several brokers today provide leverage of up to 1:2000, 1:400 is regarded as considerably reasonable. Experienced investors, on the other hand, very seldom use leverage greater than 1:50; thus, high leverage can negatively impact a trader, particularly when assessing the impact of news events and other operating parameters on an ActivTrades fund.
The company provides a single account that is divided among two platforms. The lowest account fund is 100 dollars, a fairly tiny sum that allows smaller investors to set up an account with ActivTrades. Investors can use a number of payment methods such as credit cards, bank transfers, and online portals (NETELLER and Skrill). Another competitive edge of ActivTrades, which caters to large-scale traders, is the capability to trade with mini and micro-lots.
Trading Instruments & The Company Platforms
The company provides two platforms the superb MetaTrader 4 (MT4) which opens you up to all of the CFDs and major Forex currency sets, and the up to date MetaTrader 5(MT5) that also gives you the ability to access currency sets as well as stocks, indices, commodities, and valuable metals, and these platforms are intended for both mobile and desktop devices. The latter has numerous sophisticated features like charting choices as well as trading instruments, but investors who are familiar with MetaTrader 4 will notice that the latter lacks so many useful options, such as hedging capabilities. Users of ActivTrades can also access these platforms that are available on İOS and Android for trading.
The Company has a large selection of trading instruments and resources that can assist investors in conducting thorough market research. ActivTrades offers a variety of instructional content as well as Smart tools like SmartForecast, SmartTemplate, SmartPattern, SmartLines, AutoChartist, and VPS services. ActivTrades supports automated trading via expert advisors, and investors can use the fantastic Molanis program to create completely autonomous trading bots self-sufficiently without any coding skills. ActivTrades also offers a 24-hour customer care service which shows that the company cares for its traders and is determined to be one of the best in the market.
Extra Offerings of ActivTrades
While ActivTrades does not provide bonuses on deposits, they have special deals and good perks that benefit the traders according to a point system. When you make your first deposit ActivTrades reward you with 1000 points and traders can grow this amount by trading in incremental lots or making additional deposits. When users of ActivTrades reach a particular amount of points, they can claim rewards that range from watches to computers. This system encourages the investors to trade and deposit more which also benefits the company.
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