Please Note: ActivTrades was not included in the 2019 annual review. As a result, this broker's ratings may be outdated.
Founded in 2001, ActivTrades is a global brand with multiple entities, including ActivTrades PLC, which is authorized and regulated in the United Kingdom by the Financial Conduct Authority (FCA), and regulated in the United Arab Emirates (UAE) by the Dubai Financial Services Authority (DFSA). The broker also has a Bahamas-based entity, ActivTrades Corp, authorized and regulated by the Securities Commission of the Bahamas.
ActivTrades offers the suite of MetaTrader platforms developed by MetaQuotes Software Corp, as well as its own ActivTrader web-based platform. The broker provides 47 forex pairs and CFDs on two metals, 15 indices, seven futures contracts, and 517 shares.
Trading with a forex broker traders can trust is crucial to success. Unfortunately, forex fraud and scams are common in the industry.
Here at ForexBrokers.com, we maintain the largest independent regulatory database available on the web. Using 28 different variables, we have created a proprietary 1-100 score (the higher the better) of overall trustworthiness, which we call the Trust Score. Here is our trust summary of ActiveTrades'.
|Publicly-Traded Company (Listed)||No|
|Regulated in Major Hub||Yes|
|Regulated in Emerging Hub||Yes|
|Authorised in the European Union||Yes|
|CFTC Registered (USA)||No|
|FCA Regulated (UK)||Yes|
|IIROC Authorised (Canada)||No|
|FINMA Authorised (Switzerland)||No|
|ASIC Authorised (Australia)||No|
|SFC Authorised (Hong Kong)||No|
|MAS Authorised (Singapore)||No|
|FSA Authorised (Japan)||No|
|FMA Authorised (New Zealand)||No|
|CySEC Authorised (Cyprus)||No|
Offering of Investments
The following table summarizes the different investment products available to ActiveTrades' clients.
|Minimum Initial Deposit||$100|
|Currency Pairs (Total Forex pairs)||47|
|CFDs - Total Offered||541|
|Exchange Traded Securities: US||No|
|Exchange Traded Securities: International||No|
|Cryptocurrency traded as actual||No|
|Cryptocurrency traded as CFD||Yes|
Commissions & Fees
Regarding commissions and fees, ActivTrades lists an average spread of 0.9 pips in the EUR/USD pair, applicable to all its platforms, including professional account status.
ActivTrades also charges a minimum one euro commission for its share-trading service in Europe, and while its market data is free, it is not offered in real time in MetaTrader 5 (MT5). For US market data (including international ADRs and ETFs) the broker charges just one euro per month, in addition to a minimum commission per trade.
The forex spreads on offer by ActivTrades are not great, and I found it ironic that the broker doesn’t have an Active Trader program (in terms of offering liquidity rebates, spread discounts, or other VIP-style accounts to high-volume “active” traders).
|Average Spread EUR/USD - Standard||0.90|
|All-in Cost EUR/USD - Active||N/A|
|Active Trader or Premium/VIP||No|
ActivTrades provides an array of research tools, including periodic reports in its Active Trade analyses and market analysis on its blog.
The broker also has a suite of tools related to MetaTrader, including its Smart pattern and Smart forecast custom indicators, as well as an expert advisor-powered SmartOrder 2 module that enhances the MetaTrader experience with additional order types.
ActivTrades has a hefty range of MetaTrader-related tools, while the broker is not as heavily weighted in its other forms of research content on its site.
|Daily Market Commentary||Yes|
|Forex News (Top-Tier Sources)||Yes|
|Trading Central (Recognia)||No|
|Social Trading / Copy-Trading||Yes|
|Social Sentiment - Currency Pairs||Yes|
|Client Webinars (Archived)||Yes|
|Videos - Beginner Trading Videos||No|
|Calendar Includes Forecasts||No|
|Economic News Sentiment||No|
|Trade Ideas - Backtesting||Yes|
Platforms & Tools
ActivTrades is primarily a MetaTrader broker that offers the suite of platforms developed by MetaQuotes Software Corporation, including the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platform. To learn more about MT4, read our MetaTrader guide.
While MT4 comes standard, with little variation in functionality from broker to broker, there can be significant differences in how the platform is set up for trading spreads and commissions, execution, and other tools, features, and administrative areas.
Besides spreads, the range of instruments, and account types, here is a summary of the differences in features between ActivTrades’ MT4 offering and the default MetaTrader experience:
- Offers the SMART forecast and template indicators
- Offers SmartOrder 2 Expert Advisor module
- Economic calendar in MT5
- No Economic calendar in MT4
- News streams from Dow Jones newswire
ActivTrades also provides the ActivTrader platform, a responsive web-based app with a very simple layout and user-friendly interface.
While the default charts in ActivTrader were unimpressive, I quickly switched to the more advanced charting option powered by Trading View.
The watch list didn’t include any favorites button, although it was nice to see the sentiment indicator below each instrument. Beyond the charts, watch list, and open positions/orders section, the platform does not offer traders a wide variety of trading information and options.
|Virtual Trading (Demo)||Yes|
|Desktop Platform (Windows)||Yes|
|Desktop Platform (Mac)||No|
|Social Trading / Copy-Trading||Yes|
|Charting - Drawing Tools (Total)||31|
|Charting - Indicators / Studies (Total)||51|
|Watchlists - Total Fields||7|
|Order Type - Trailing Stop||Yes|
ActivTrades offers iOS and Android mobile trading applications for its MetaTrader platforms, available directly from the developers on the iTunes Store and Google Play. To learn more about MT4, read our MetaTrader guide.
|Apple iOS App||Yes|
|Charting - Draw Trend Lines||Yes|
|Charting - Can Turn Horizontally||Yes|
|Charting - Technical Studies/Indicators||30|
|Watch List Syncing||No|
|Trading - Forex||Yes|
|Trading - CFDs||Yes|
|Alerts - Basic Fields||Yes|
In August 2018, ActivTrades announced it had received ISO27001 certification from the International Standards Organization (ISO) related to the effectiveness of its internal controls in handling clients’ funds.
Acquiring additional licenses outside of the EU and being in business since 2001 helps support ActivTrades’ Trust Score on ForexBrokers.com. The broker has a robust MetaTrader offering with its suite of indicators and related plugins.
While the broker may lack some classical research components, including offerings from third party providers, its MetaTrader-related tools help justify its trading costs with average spreads of 0.9 pips on the EUR/USD.
Finally, the addition of insurance of up to £1 million, in excess of what is provided to eligible traders by the UK’s regulator, for extraordinary events such as the firm’s insolvency, is applicable only to clients of the firm’s UK entity.
Forex Risk Disclaimer
"There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses." Learn more.
Reviewed by Steven Hatzakis Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 19 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.