ActivTrades
Broker Type : No Dealing DeskFoundation Year : 2001
Min Deposit $ 100
ActivTrades Review: A Comprehensive Look at This Leading Broker
Trading Services and Instruments
ActivTrades is a leading independent broker that provides trading services in Forex, Shares, ETFs, Indices & Commodities, on CFDs and Spread Betting. The company offers a wide range of trading services and instruments, making it a one-stop-shop for traders who want to access various markets.
Customer Service
ActivTrades prioritizes customer service and client protection at the center of all its operations. The broker’s award-winning customer service is available 24 hours a day, Sunday evening through to Friday, and can assist clients in 14 languages, including English, French, Spanish, Italian, Chinese, and Arabic. The company’s support team is responsive, knowledgeable, and always willing to help.
Client Protection
One of the main concerns for traders is the safety of their funds. ActivTrades takes client protection seriously and offers several measures to ensure that traders’ funds are safe. The broker provides negative balance protection, which means that traders cannot lose more than their account balance. Additionally, ActivTrades offers client fund insurance up to £1,000,000 as excess of the FSCS insurance. This insurance covers any shortfall in the event that the company goes bankrupt.
Trading Costs
ActivTrades offers competitive trading costs, with no hidden charges. The broker’s spreads are tight and transparent, and traders can choose between fixed and variable spreads. Additionally, the company offers commission-free trading and has no charges for deposits or withdrawals.
Educational Resources
ActivTrades offers a range of free educational resources to help traders improve their knowledge and skills. These resources include webinars, seminars, ebooks, and video tutorials. The broker’s educational resources cover a range of topics, from basic trading concepts to advanced trading strategies.
Drawbacks
While ActivTrades has a lot to offer, there are a few drawbacks that traders should consider. The broker’s platform can be overwhelming for new traders who are not familiar with the trading environment. Additionally, the company does not offer a demo account, which means that traders cannot test the platform before opening a live account.
Conclusion
Overall, ActivTrades is an excellent choice for traders who are looking for a reliable and reputable broker. The company offers a wide range of trading services and instruments, award-winning customer service, and effective client protection measures. Additionally, the broker provides a range of free educational resources to help traders improve their skills and knowledge. Despite the drawbacks, ActivTrades remains a leading broker that is well worth considering for traders of all levels.
