ActivTrades has been on the market since 2001 and has reached a reputation as one of the popular mainstream Forex brokers. However, it had its fair share of ups and downs, and ActivTrades has also been on the receiving end of some criticism and penalties from regulators. Nonetheless, we can say that over the years ActivTrades has managed to improve their brokerage services for the sake of their clients. In this review, we will try to show if the company is worthy of your investments. For starters, the minimum deposit with ActivTrades is $100.
ActivTrades offers the MT4 and the MT5 trading platforms, which are designed for both desktop and mobile trading. An account with the MT4 platform offers access to all the major currency pairs and CFDs, while the MT5 provides access to Forex along with other instruments such as commodities, stocks and indexes.
The MT5 platform has some innovative charting features as well as trading tools, but if you are familiar with the MT4, you will conclude that the MT5 is missing some precious features such as hedging functionalities. Mobile traders can also download ActivTrades’ global login info for trading on the MT4 and MT5 mobile applications that is available for both iOS and Android.
ActivTrades – Pros (+) and Cons (-)
+ The broker is regulated and can be trusted;
+ The platforms it offers are well known to the experienced traders;
– The platforms are not very user-friendly for beginners. We would suggest to a novice Forex trader to consider a platform with a more intuitive and non-complex user interface.