Categories: Forex BrokersReviews

Is ActivTrades a scam? A review that breaks it all down

ActivTrades is a brokerage organization from Switzerland, whose work is simultaneously regulated by several large and reputable structures.

The history of the company began in 2001 and then it allowed trading only currency pairs. Then its head office was moved to London (where it is still located), and the list of assets available to clients for trading was supplemented by stocks, indices, digital currencies, ETFs, commodities and bonds. In addition, over the long history of its work, the company has significantly expanded its presence in the global market by opening offices in Australia, as well as in a number of European and South American countries.

Trading conditions on ActivTrades

The company offers its clients several types of trading accounts: professional, individual, Islamic and demo account. The latter provides an opportunity to get acquainted with the peculiarities of cooperation with the company and test your strategy, taking into account the current market conditions.

The minimum deposit required to open an account is $100. Accounts can be opened in US dollars, euros, Swiss francs and pounds sterling. The minimum lot size is 0.01 and the spread is floating starting at 0.5. The maximum amount insured is £500,000.

The technical support service operates around the clock, within 5 working days of the week. In ActivTrades, you can use scalping strategies and trading advisors, as well as trade through a mobile service.

To replenish the account and withdraw funds, the broker’s clients can use bank transfers, Visa and Mastercard cards, as well as Skrill and Neteller payment services. The company guarantees the absence of commissions (an exception is an urgent bank transfer), as well as the execution of transactions within half an hour (one business day if a bank transfer is used).

For trading, ActivTrades clients can use the well-proven MetaTrader 4 and MetaTrader 5 terminals, which have many advantages. Mobile versions of these terminals are also available.

Additional Services ActivTrades

In addition to direct trading, the broker allows its clients to earn on an affiliate program by attracting other users and receiving a reward from the company for everyone who has made at least a minimum deposit and received a certain profit. Ideally, for each attracted trader, you can get $1.35 thousand.

ActivTrades also offers partnership agreements with structures of any size. She is willing to work with account managers, liquidity providers and other organizations that can help her grow.

Finally, the firm is ready to help novice traders by providing them with educational materials (mainly devoted to the basics of Forex trading). In addition, customers have the opportunity to participate in online courses and webinars. The latter are available in three versions: an individual training program with a specialist, group online classes and archival materials.

Feedback from ActivTrades

To contact the broker’s support service, clients can use the online chat on its website, call by phone or send an e-mail message. Different contacts are provided for different states. In addition, on the ActivTrades website you can find the addresses of a number of offices in different countries, indicating the structure that regulates their activities.

In addition to traditional methods of communication, the company maintains accounts on Facebook and Twitter social networks, as well as on YouTube video hosting. The size of her audience on these sites is relatively small (a little more than 20 thousand people), and publications are made infrequently (new videos have not appeared on YouTube for more than a year).

Conclusion

ActivTrades is highly reliable, offers a convenient trading platform for making trades, provides access to educational materials, and closes trades very quickly. From the feedback about the work of this broker, left on the Web, it follows that its services are stable, the withdrawal of funds is carried out correctly, and there are no serious technical problems during operation.

The disadvantages of ActivTrades include a relatively small number of withdrawal methods. In addition, some of the opportunities provided by the company are limited and available only for an additional fee.

In general, the broker is a fairly promising option for cooperation (primarily for those who are interested in Forex trading). For a more detailed study of its capabilities, it is worth starting with a small deposit and increasing it only after making sure that there are no problems and no risks of fraud.

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