Written by ForexBrokers.com
In this head to head comparison of ActivTrades vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ActivTrades and FXOpen are both well-regarded options for online trading. ActivTrades, established in 2001, and FXOpen, founded in 2003, are not publicly traded and do not operate as banks. When it comes to their licenses, both brokers hold two Tier-1 licenses, indicating a high level of trust according to ForexBrokers.com. However, ActivTrades also holds an additional Tier-2 license, which FXOpen does not have, providing ActivTrades with a slight edge in terms of regulatory backing.
Looking at Trust Scores, ActivTrades receives a score of 81 out of 99, placing it within the "trusted" category. FXOpen, on the other hand, has a score of 76, categorizing it as an average risk broker. These scores suggest that while both brokers follow stringent regulations, ActivTrades is considered slightly more reliable in the eyes of ForexBrokers.com.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Year Founded | 2001 | 2003 |
| Publicly Traded (Listed) | ||
| Bank | ||
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing commissions and fees between ActivTrades and FXOpen, both brokers receive a 4-star rating. However, ActivTrades ranks higher at number 28 out of 63 brokers according to ForexBrokers.com, while FXOpen is positioned at 44. ActivTrades offers competitive spreads that are slightly better than the industry average. Traders can choose from several account types, including an Individual Account, Professional Account, and an Islamic Account, although there is no specific option available for high-volume traders or active trader pricing.
Commissions and fees at ActivTrades largely depend on the asset being traded, as spreads can vary throughout the trading session. For example, the average spread for EUR/USD in May 2024 was recorded at 0.98 pips. ActivTrades offers transparent target spreads for each asset, although they may fluctuate due to market conditions. Each account type at ActivTrades provides the same spreads, with the main difference being the lower margin requirements for Professional Accounts.
FXOpen lacks specific average spread data, which can make a direct comparison more challenging. Despite having the same 4-star rating for commissions and fees, FXOpen's lower ranking suggests that traders may want to consider their specific trading requirements and compare available account features when choosing between these two brokers.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.98 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | |
| ACH or SEPA Transfers | ||
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing ActivTrades and FXOpen, ActivTrades stands out with a broader selection of investment options. Offering 1,267 tradeable symbols, ActivTrades provides a more extensive range compared to FXOpen's 87 symbols. For forex trading enthusiasts, ActivTrades delivers access to 49 currency pairs, whereas FXOpen offers 25. Both brokers allow trading of forex through CFDs or spot contracts and facilitate copy trading options. However, ActivTrades has an advantage by offering tradeable securities from international exchanges.
In terms of cryptocurrency, both brokers enable trading through derivatives rather than direct purchases. ActivTrades receives a higher rating of 4 stars for its range of investments, compared to FXOpen's 3-star rating. This distinction is further reflected in their industry rankings, with ActivTrades positioned at #31 and FXOpen at #62 in ForexBrokers.com's ranking of 63 brokers. While FXOpen offers a solid trading platform, ActivTrades' more varied investment choices provide a wider spectrum for investors looking to diversify their portfolio.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1267 | 87 |
| Forex Pairs (Total) | 49 | 25 |
| U.S. Stock Trading (Non CFD) | ||
| Int'l Stock Trading (Non CFD) | Yes | |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | ||
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing ActivTrades and FXOpen, both brokers excel in offering comprehensive platforms and tools for traders, ensuring a range of choices tailored to individual preferences. ActivTrades distinguishes itself with a proprietary platform, complementing the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), whereas FXOpen does not have an in-house developed platform. Both brokers provide simulated trading through free virtual demo accounts, enabling beginners and seasoned traders to hone their skills without financial risk. In terms of accessibility, ActivTrades and FXOpen deliver seamless trading experiences across Windows-based desktop downloads and web-based platforms, catering to different trader needs.
Copy trading is available on both platforms, reflecting their commitment to offering versatile trading options. While FXOpen supports ZuluTrade, a popular social trading platform, ActivTrades does not. Charting capabilities are strong with both brokers, providing 15 drawing tools each, and allowing trades directly from stock charts, making technical analysis and execution efficient. However, ActivTrades offers more detailed watch lists with 11 columns, compared to FXOpen's 7. Despite these differences, both brokers receive equal ratings of four stars for their trading platforms and tools, yet ActivTrades is ranked higher at #30 on ForexBrokers.com compared to FXOpen's #53, hinting at a slight edge in overall offerings.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | ||
| ZuluTrade | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
ActivTrades and FXOpen both offer iPhone and Android apps for their users, allowing easy access to trading on the go. Each app provides stock or forex price alerts, making it easier for traders to stay informed about market conditions. Both platforms also allow for syncing watchlists between mobile apps and online accounts, ensuring any changes made are updated across devices. In terms of charting capabilities, ActivTrades and FXOpen offer the same number of technical studies—30 in total—and provide features like trend line drawing and viewing multiple time frames for a comprehensive analysis experience.
When it comes to user ratings, both ActivTrades and FXOpen receive a commendable 4 stars for their mobile trading apps. However, there are some differences in features. While ActivTrades saves drawings made on charts automatically, this feature is not highlighted for FXOpen. Both apps allow users to create watchlists with real-time quotes, which is crucial for active trading. Notably, ForexBrokers.com ranks ActivTrades higher at #19 out of 63 brokers for mobile trading apps, whereas FXOpen holds the #54 spot. This ranking difference may influence a user's choice depending on their priorities and needs in a mobile trading platform.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | ||
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of ActivTrades and FXOpen, both brokers provide daily market commentary and access to forex news from respected sources like Bloomberg, Reuters, and Dow Jones. However, differences emerge in other research tools and ratings. ActivTrades is noted for offering a sentiment-based trading tool that displays the ratio of long or short positions on various instruments. Both brokers provide an economic calendar to keep traders informed of global economic events, a helpful feature for those monitoring market fluctuations.
In terms of research quality, ActivTrades stands out with a four-star rating, ranking 30th out of 63 brokers according to ForexBrokers.com. Meanwhile, FXOpen trails with a three-star rating, placing 63rd in the same category. This suggests that ActivTrades may have a more esteemed and comprehensive research offering for traders looking to analyze market trends and make informed decisions.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | ||
| Trading Central (Recognia) | ||
| Social Sentiment - Currency Pairs | Yes | |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, ActivTrades and FXOpen present differing offerings. ActivTrades provides a comprehensive learning experience with a variety of resources. They offer a substantial collection of educational materials focusing on forex and CFDs, ensuring beginners have access to over 10 articles, videos, or webinars. They also hold regular online webinars, promising at least one each month, along with a searchable archive of past sessions. ActivTrades supports beginners with tailored educational videos, making sure that newcomers as well as experienced traders can learn at their own pace. However, they do not have a specific investor dictionary to offer. Rated 4 stars for education and ranked #38 out of 63 brokers by ForexBrokers.com, ActivTrades stands as an appealing choice for new traders eager to learn.
In contrast, FXOpen's educational resources are somewhat limited. Although they do provide an investor dictionary with definitions of over 50 investing terms, they fall short in several other areas. FXOpen does not meet the minimum requirements for educational content focusing on forex or CFDs. They also do not offer regular online webinars or maintain an archive of previous educational sessions. Furthermore, FXOpen lacks specific educational videos geared towards either beginners or experienced traders. As a result of these shortcomings, FXOpen receives a 3-star rating for education and is ranked #58 out of 63 brokers by ForexBrokers.com. For those starting their trading journey, this means FXOpen may not be the most resource-rich platform for educational support.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | |
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | |
| Videos - Beginner Trading Videos | Yes | |
| Videos - Advanced Trading Videos | Yes | |
| Investor Dictionary (Glossary) | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ActivTrades is better than FXOpen. ActivTrades finished with an overall rank of #33, while FXOpen finished with an overall rank of #54.
ActivTrades is a long-standing brand that offers a proprietary trading platform, ActivTrader, and support for the award-winning TradingView and MetaTrader (MT4 and MT5) platforms. ActivTrades also delivers a selection of custom add-ons, indicators, and trading tools for traders who prefer to use MetaTrader. Drawbacks for trading with ActivTrades include a smaller selection of tradeable symbols and fewer educational resources than what’s available from the best forex brokers.
| Feature |
ActivTrades
|
FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 76 |
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Both ActivTrades and FXOpen provide options for trading cryptocurrency derivatives (not the actual cryptocurrency), but neither offers the ability to purchase actual, delivered cryptocurrencies directly.
Both ActivTrades and FXOpen provide multiple options for depositing and withdrawing account funds, including Skrill, Visa, Mastercard, and bank wires, though neither offers ACH, SEPA transfers, or PayPal as payment methods.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | ActivTrades | FXOpen | |
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| Trust Score | 81 | 76 | |
| Winner | check_circle | ||
| Review | ActivTrades Review |
| Broker Screenshots | ActivTrades | FXOpen | |
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