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ActivTrades Review
ActivTrades is a UK based forex and CFD broker founded in 2001. It holds licenses in five countries, though the FCA fined its main UK entity in 2011.
Min Deposit
$0
Spreads From
0.5 pips
Max Leverage
1:30 for retail clients, up to 1:400 for professional clients
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Regulated in five jurisdictions, including the UK's top tier FCA
- No minimum deposit needed to open a standard live account
- Negative balance protection plus insurance up to $1,000,000 per client
- Fast, fully digital account opening, usually verified within a day
- Free deposits and withdrawals in most cases, including card and e wallets
Cons
- Its main UK entity was fined 85,750 pounds by the FCA in 2011
- Only offers forex and CFDs, with no real stocks, bonds or funds
- Independent testing found EUR/USD spreads running above the market average
- Multiple reviewers describe its customer support as only average
- Not listed on any stock exchange, so its accounts are not public
ActivTrades is a forex and CFD broker that began as a stockbrokerage in Switzerland in 2001. Founder Alex Pusco moved the business to London in 2005, and it has grown into a firm of more than 200 staff with extra offices in Milan, Sofia and Nassau.
The group holds licenses in five places: the UK, Portugal, Brazil, the Bahamas and Mauritius. Its main UK entity, ActivTrades Plc, answers to the Financial Conduct Authority. Traders here only open forex and CFD positions, not real shares or bonds, using MetaTrader 4, MetaTrader 5, TradingView or its own ActivTrader app. Retail accounts get negative balance protection plus extra Lloyd's insurance up to $1,000,000.
The record is not spotless. In 2011 the FCA fined ActivTrades Plc 85,750 pounds for failing to separate and reconcile client money correctly during 2009 and 2010. No client lost money, and the firm fixed its systems afterward. ActivTrades now also runs a refer a friend scheme paying existing clients up to $500 per new client.
Min. Deposit
USD 0
Max Leverage
1:30 for retail clients, up to 1:400 for professional clients
Spreads From
0.5 pips
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
