What are the fundamental differences between MT and ActivTrades broker platforms?

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IBM does not provide legal advice or represent or warrant that its services or products will ensure that the client is in compliance with any law or regulation. Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only. In a fast moving and highly competitive industry, the ability to bring new offerings to market faster should help ActivTrades maintain leadership and build on its reputation with clients. Great and fast costumer service with organized desk in many languages. Real fixed spread during normal market condition and nice leverage.

The MetaTrader Web Platform is a slightly stripped down version of the desktop platform. It allows you to trade without any additional software, only an internet connection is required. The Web Platform allows users to trade directly from any browser and operating system. The platform https://forexbroker-listing.com/ uses cutting edge TradingView charts, which feature over 100 indicators, over 50 drawing tools, 9 time frames and 11 chart types. Browser notifications can be enabled to update users on when orders are executed and with important account related notices and major market events.

At ActivTrades this is not a problem as you can have it ready on the same day you registered. The type of clients they target, i.e. beginners, experienced investors, or day traders. A trading platform specially designed for online Forex trading and analysis. ActivTrades features a cashback program for traders who exceed $50 million in notional trading value. Interest is paid on available free margin; however, both reward programs are available only for traders from the Bahamas operating subsidiary. ActivTrades maintains an acceptable asset selection, suitable for most retail traders.

Is ActivTrades good?

ActivTrades has low trading fees. The account opening process is excellent and deposits and withdrawals are free. On the negative side, ActivTrades's product portfolio is slim and its research tools are basic. Also, there is a currency conversion fee and an inactivity fee.

The regulating bodies ensure safe trading conditions such as segregated customer funds and the best trading practices. ActivTrades customers have access to more than 1000 CFD instruments. These include more than 50 currency pairs at tight spreads and major global stock exchanges .

NewsBrent oil prices rose during early Friday tradingRicardo Evangelista, Pierre Veyret

Hence, to qualify for the cashback program, the traders need to make a trade of over $50 million. For every lot traded, the client receives an equivalent of 20 percent reduction on the spreads, 20 percent reduction on Shares commission, and 20 percent on swaps. ActivTrades Cashback program is offered to traders who cross $50 million in notional value of forex and CFD trading.

How do I add EA to MT4?

To add an EA, open MT4 and then go to 'file' and then 'open data folder'. Choose 'MQL4', and then 'expert advisors' or 'indicators'. You can then copy the file you want to add into this location. Close and reopen MT4, and you should see the item in the navigator window.

However, read this ActivTrades review further and know all the details of this trading platform in one place. With ActivTrades you can trade over 50 currencies with highly competitive spreads starting from just 0.8 pips, without any commission or a minimum number of trades required. Orders are filled at market prices, which ensure there are no re-quotes and your orders are executed at the best available price even when there is increased volatility in the markets. It is regulated by the FCA and is available globally for clients.

Account opening

Next, they need to choose a preferred base currency and trading platform. For informational purposes, users are asked certain information relating to their forex trading experience. The broker will redirect the user to the next page only if the broker is satisfied with the answers. One of the best things about ActivTrades is its impressive user interface that displays clear and easily navigable features and functions.

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ActivTrades knew that its existing on-premises infrastructure would not scale easily to accommodate rapidly growing numbers of clients. The company also wanted to increase the speed at which it could set up new servers, in order to bring new functionality to its clients faster. To address both requirements, ActivTrades decided to migrate from on-premises servers to the cloud.

Traders Reviews

When I made withdrawal, I got money in the same day on my bank account. As an established Forex broker, Activtrades offers the full range of currency pairs, including the 10 majors, minor pairings, and the exotics. Spreads are set automatically by the execution software, with targets around one PIP on the majors. Details from the website show that target levels are usually exceeded by 10% to 30% in actual dealing, but this is still competitive.

  • The product portfolio is limited, stock CFD fees are quite high and the desktop platform lags behind its competitors.
  • FxPro Summary FxPro is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the SCB at the Bahamas.
  • It can be further modified with thousands of third-party plugins, which fully supports automated trading solutions, and represents an overall superior choice.
  • ActivTrades customers have access to a number of research tools to assist in this regard.
  • ActivTrades has received numerous significant awards and recognitions since its founding.

The ActivTrader platform is intuitive, making it a good starting point for beginners. ActivTrades also has strong customer service and educational materials, making it a suitable broker for new traders. ActivTrades has no account fee and no deposit or withdrawal fees for bank transfers. It does charge a ‘dormancy fee’ of 10 pounds per month after 52 weeks of inactivity.

ActivTrades Review – Pros and Cons

Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. ActivTrades offers an intuitive proprietary platform as well as the feature rich MetaTrader platform, allowing it to cater to both beginners and sophisticated traders. Starting his career in finance on the floor of the Chicago Mercantile Exchange, Dan later gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.

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Spreads are the difference between the trade’s bid price and the ask price . Spreads could be variable or fixed, depending on market movements such as interest rates. No, ActivTrades is not an ECN broker and hence, it does not offer ECN trading. Australia, the United Kingdom, South Africa, Thailand, Hong Kong, India, Singapore, Germany, France, Norway, Italy, Sweden, United Arab Emirates, Denmark, Kuwait, Saudi Arabia, Luxembourg, Qatar, and many more. However, note that traders from Canada and the United States cannot trade on ActivTrades.

The MT4 trading platform fully supports automated trading solutions. ActivTrades was founded in 2001 in Switzerland but relocated to the UK in 2005. From there, it grew into an international brokerage, presently catering to traders from over 140 countries. With its origin as a Forex broker, it expanded and now maintains over 1,000 CFDs across six categories.

The trading broker also offers free advanced trading tools including Smart Lines, Smart Order Two, Smart Patter, Smart Forecast, and many more. It is regulated by several financial authorities globally, including the UK’s top-tier Financial Conduct Authority . Smart Tools, consisting of seven add-ons, transform the MT4 trading platform into a powerful gateway to financial markets.

A total of 200 variables have been analyzed to help you choose your broker wisely. With so many brokers appearing online over the last few years, it can be really tough to figure out which brokers have your best intentions in mind and which are just looking for an easy buck. All client examples cited or described are presented as illustrations of the manner in which some clients have used IBM products and the results they may have achieved. Actual environmental costs and performance characteristics will vary depending on individual client configurations and conditions. Generally expected results cannot be provided as each client’s results will depend entirely on the client’s systems and services ordered. It is the user’s responsibility to evaluate and verify the operation of any other products or programs with IBM products and programs.

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A qualified trader is the one who meets the minimum initial deposit requirement of $1000 and generates a minimum of $50 in spreads for the platform within a period of 90 days of placing their first trade. Existing users can refer up to four friends in a year after which the referrals are reset again for the next round. The rewards are automatically credited to the ActivTrades live account. Coming to the ActivTrades Referral Program, the experience is exactly what most traders look for. With the platform’s ‘Refer a Friend’ program, users can earn $1000 for both the referer and the referee.

ActivTrades Review 2023: Is ActivTrades a Safe Broker?

As a client at ActivTrades, users can earn cashbacks on the trades they place, with additional interest on the unused margin balances of up to $1 million. ActivTrades brokers pay interest on the average free margin requirements during a month. Users can also view their notional traded balance and their acquired rewards in their Personal Area once they place their first trade. A powerful proprietary ActivTrader broker that provides fast executions, an intuitive interface, and the most efficient trading experience for all. It is regulated among others by the UK’s Financial Conduct Authority and the Commission de Surveillance du Secteur Financier of Luxembourg.

Which broker is best for MT4?

  • IC Markets – Best overall for MetaTrader.
  • FP Markets – Full MetaTrader suite, competitive pricing.
  • Pepperstone – MetaTrader suite with add-ons.
  • FXCM- MetaTrader suite, great research.

ActivTrades offers award-winning customer support to ensure all the needs of its customers are met. Customers can contact the company’s professional support team via Live Chat, email, and telephone, or request a free call back, 24 hours, 5 days a week. No deposit fees are charged by the company, with the exception of non-EEA credit and debit cards, in which case the company charges 1.5% of the transaction amount.

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