Activtrades Review

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ActivTrades Review 2023

Written by: Krisztian G. Updated:Dec 2022
Expert verified
Recommended for
  • forex trading 4.2/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
3,211 people chose this broker in the last 6 months
BrokerChooser Score
4.4/5

ActivTrades review summary

ActivTrades is a UK CFD and forex broker. 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. BrokerChooser gave ActivTrades a 4.4/5 rating based on analyzing 500+ criteria and testing via opening a live account.

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ActivTrades is available in Pakistan

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ActivTrades pros and cons

Pros

Cons

  • Low trading fees
  • Excellent account opening
  • Low trading fees
  • Slim product portfolio
  • Basic research tools
  • Conversion fee

ActivTrades main highlights

🗺️ Country of regulation

UK, Luxembourg, The Bahamas

💰 Trading fees class

Low

💰 Inactivity fee charged

Yes

💰 Withdrawal fee amount

$0

💰 Minimum deposit

$0

🕖 Time to open an account

1 day

💳 Deposit with bank card

Available

👛 Depositing with electronic wallet

Available

💱 Number of base currencies supported

4

🎮 Demo account provided

Yes

🛍️ Products offered

Forex, CFD, Crypto

Fees

4.3

ActivTrades has low CFD fees and average non-trading fees. As a plus, it charges no deposit and withdrawal fees in most cases.

Account opening

4.4

Account opening at ActivTrades is seamless and fully digital, taking just a few minutes to complete and verified within one business day.

Deposit and withdrawal

4.5

ActivTrades offers mostly free deposit and withdrawal options, including bank transfer, credit card and various e-wallets. On the negative side, minor currencies are not offered.

Web trading platform

4.4

ActivTrades has its own web trading platform called ActivTrader. It’s highly customizable, multilingual and has a clear fee report. On the other hand, there are no price alerts.

Mobile trading platform

3.9
ActivTrades has its own great mobile trading platform. It is well-designed and user-friendly with a good search function. However, it lacks a safer two-step login and price alerts.

Desktop trading platform

3.4
ActivTrades‘s desktop trading platform is provided by MetaTrader. It is highly customizable, has a clear fee report and price alerts, but lacks a two-step login and its design is outdated.

Markets and products

1.9
At ActivTrades, you can only trade forex and other CFDs, including crypto. Other popular asset classes such as real stocks, bonds, funds or options are not available.

Research

3.3
ActivTrades’s selection of research tools is average, but they are user-friendly. Charting and other technical tools, like APIs, are great. However, there are no trading ideas or fundamental data.

Customer service

5.0
ActivTrades offers several customer service channels. We found the live chat to be fast and relevant, and emails are also answered within a day. We missed however 24/7 availability.

Education

5.0
ActivTrades has great educational content, including webinars, manuals, a demo account to test your skills, and one-on-one training where you can chat with an expert.

Safety

4.4
ActivTrades is regulated by several financial authorities including the top-tier FCA, but it is not listed on any stock exchange and its financial information is not publicly available.