Overview
ActivTrades is a UK-based brokerage firm founded in 2001 that offers services to retail and institutional investors. It operates an electronic trading platform to trade Forex, Contracts for Difference (CFDs), crypto, and spread betting.
Regulations:
FCA, CNMV
Pros:
- User-friendly platform.
- Member of the Financial Services compensation scheme of the UK.
- Wide variety of tradable assets, including stocks, commodities, forex, and cryptocurrencies.
- Provides a Negative Trade Balance.
Cons:
- Not available for clients in the USA and Canada.
- Inactivity Fees.
- Mediocre Customer Support.
- The Bahamas office is the least regulated.
Platforms:
Mt4,Mt5, ActivTrader
Is ActivTrades safe for traders?
Active Trades offers a diverse range of tradable assets and membership in the FSCS, providing safety features such as Negative Trade Balance protection. They offer the best trading platforms like MT4 and MT5 and have headquarters in London. However, traders should be cautious, especially when dealing with less regulated offices like that in the Bahamas. Some clients have also reported forex withdrawal issues due to system complexity.
VYFXB Analysis of ActivTrades
Activ Trades presents a solid option for traders with its user-friendly platform, robust safety features, and diverse asset offerings. However, potential users should be aware of its limitations, including geographic restrictions, inactivity fees, and areas needing improvement like customer support and regulatory oversight that creates a bad trading experience for clients. Potential clients are advised to carefully consider these factors in their trading priorities and risk tolerance levels. Reading broker reviews could provide valuable insight.