ActivTrades is one of the most famous independent brokerage companies in the trading industry. It was established in 2001 in Switzerland. However, four years later, the company moved its headquarters to London to expand to a global audience from the largest financial center in the world.
ActivTrades is licensed and regulated in England and Wales with the license number #05367727. This broker is well supervised by the Financial Conduct Authority (FCA) since 2007 which is one of the most reputable regulatory organizations in the United Kingdom.
Over the years, ActivTrades continuously improve its services and refine its offerings. In 2007, this broker collaborated with the popular platform MetaTrader 4 and significantly developed its offered financial instruments in the next following years.
The real growth of the company occurred in 2009 when ActivTrades experienced an extreme flow of clients from Italy, France, and Germany. Later on, this broker managed to conquer even more markets in Austria, South America, Southeast Asia, and Russia. In 2013, this financial institution from the United Kingdom managed to win various rewards such as “Best Forex Broker” at the World of Trading Awards, “Best Forex Customer Services” at the Jordan Forex Expo, “Best Automated Trading Platform,” and many other prestigious awards.
ActivTrades’s Trading Conditions
ActivTrades will really surprise any trader with its full range of financial instruments. This broker offers different Forex currency pairs, indices, commodities, and stocks.
When it comes to Forex, ActivTrades’ trading conditions are quite attractive even for the experienced traders. The spreads are tight, usually in the range of 0.5 to 2.5 for major and minor pairs. However, exotic pairs and metals spreads may differ significantly. The leverage on Forex instruments can go up to 1:400.
A wide variety of indices is also part of ActivTrades’ offering. Spreads are also tight and go as low as 0.5 to 2 on the most popular indices. The leverage is also limited to 1:400. In addition to indices, ActivTrades offers bonds with the fixed income of type T-note and T-bond.
All the trading accounts supported by ActivTrades are well suited for almost any type of trader. Clients can pick from two different profiles: one for beginners and the other for professional users. The extra benefits associated with ActivTrades’ trading accounts are quite extensive. This broker also provides Islamic accounts for Muslim traders so that they can easily enjoy ActivTrades’ services according to Shariah principles.
Different Trading Platforms
ActivTrades uses one of the most popular trading platforms of all time: MetaTrader 4. This broker also provides access to its newest version: MetaTrader 5. However, it is still not that famous compared to its predecessor.
The MT4 software is completely adapted for mobile trading and it can be used on almost any device including iOS, Android phones, and Windows. Expert advisors are allowed by this broker which would be an excellent help for algorithmic traders. Additional features for its premium traders include various helpful tools such as Autocharist, Virtual Private Server (VPS) Service, Molanis, Pivot Points indicator, SmartOrder, SmartLines, SmartForecast and many more.
ActivTrades’ Legitimacy and Customer Support
As a responsible and legitimate broker, ActivTrades is affiliated with one of the best programs that ensure traders worldwide. The Financial Services Compensation Scheme (FSCS) protects the client’s investments when unfortunate events happen. This broker supports high-quality Secure Sockets Layer (SSL) encryption on its website. This extra security measure is certified by the Comodo Cybersecurity in Manchester, United Kingdom.
Its customer services are correctly handled by the ActivTrades’ representatives. They are available 24/5 on the phone, live chat, email, and fax. Traders can enjoy excellent support during the whole trading week provided in more than ten languages. All customers are also free to interact with the company via social media platforms in different major channels such as Facebook, Twitter, Youtube, Google+, LinkedIn, and Youtube. This broker organizes countless webinars from time to time where traders can discuss anything with experts in the financial markets.
ActivTrades: Final Verdict
ActivTrades is one of the oldest Forex brokers in the industry that has been providing Forex products and services to the retail trading market since 2001. Its excellent trading conditions and remarkable trading tools are indeed significant incentives for any client who wants to explore the trading industry.
ActivTrades’ regulation is seen as an essential step for this broker in ensuring consumer trust and confidence. This broker managed to improve its overall reliability to match its competitors and to prove its legitimacy to clients.