Active Trades Review
Company | Active Trades Plc |
---|---|
Founded in | 2005 |
Online since | 2007 |
Offices in | Italy, United Kingdom |
Payment options | Credit Cards, Debit cards, Wire Transfer |
Demo Platforms | Meta Trader 4 and Meta Trader 5, both limited to 30 days of free use |
Account currencies | Euro, Great Britain Pound, Swis Franc, United States Dollar |
Currency pairs | AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/DKK EUR/GBP EUR/JPY EUR/NOK EUR/NZD EUR/SEK EUR/TRY EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/TRY GBP/USD NZD/CAD NZD/CHF NZD/JPY NZD/USD SGD/JPY TRY/JPY USD/BRL USD/CAD USD/CHF USD/DKK USD/HKD USD/JPY USD/NOK USD/SEK USD/SGD USD/TRY USD/ZAR |
Regulated by | BaFin, Banque de France, CNMV (Spain), CONSOB (Italy)and FSA (UK) |
US Traders welcome? | No |
Bonus? (detailed) | |
Website available in (languages) | Arabic, Bulgarian, Chinese, English, French, German, Italian, Portuguese, Russian, Spanish, Swedish |
Support available in | Arabic, Bulgarian, Chinese, English, French, German, Italian, Portuguese, Russian, Spanish, Swedish |
Support methods | Email, Live Chat, Phone, Skype |
Account Types (micro standard executive islamic) | MT4 Classic, Futures, MT5 |
Or others. | |
Minimum account size | $250 |
Minimum position size | 0.01 lot |
Spread type | Fixed |
Typical spread on EUR/USD, pips | |
Minimum spread on EUR/USD, pips | 1.5 |
Scalping | Allowed |
Expert advisors | Allowed |
Trading instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:400, CFD – 1:400 |
Trading platforms | Meta Trader 4 |
Digits after the dot in quotes | 5 |
Number of currency pairs | 43 |
Free education | Yes |
Personal manager | Yes |
Trading by telephone | Yes |
MAM accounts | Yes |
Segregated accounts | Yes |
Trailing stop | Yes |
Pending orders | Yes |
Mobile trading | Yes |
Automated trading | Yes |
Active Trades have instruments and accounts which will suit the needs of both new and experienced traders, day traders, Scalpers, EA and those with medium as well as long term strategies. They do not have any dealing desk and all the orders are placed using automated system. The company was established in the year 2005 and it started its online trading service in the year 2007. It has its offices in Italy and United Kingdom and is highly regulated by BAfin, Banque de France, CNMV in Spain, CONSOB in Italy and FSA in U.K. This increases its reliability and the trust builds up amongst the traders. They do not entertain traders from United States to trade from their account. There website is available in 11 languages and is very easy to navigate especially when the information is in native language. They contain a lot of information to help in trading.
The customer support service is also available in 11 languages and the staffs are well trained to handle any query related to trading. The customer support service is very responsive and can be reached via Email, Live Chat, Phone and Skype. They offer three different account types which include MT4 Classic, Futures and MT5. The minimum deposit required to open an account with them is $250 and the minimum position size required is 0.01 Lot. They have a fixed spread which allows the trader to know te cost of the trade before placing the order. They allow trading in forex and CFD and the leverage offered on each of them is 1:400. The demo account is available free for 30 days and the demo platform is Meta Trader 4 and Meta Trader 5. However, for the real trading the trading platform offered is only the Meata Trader 4. This is the best trading platform most commonly used in the forex market.
The traders and users today can voice their views about a company by posting it online. These reviews are the real reflection of the company’s performance. The overall reviews of Active Trades are very positive and there are many recommendations as well. The best feature of the company as stated in the reviews is that it is highly regulated in various countries which make it reliable. The other thing that is most mentioned in the reviews is that their website is available in 11 languages which helps in easy navigation. They have also praised their customer support service which is available in 11 languages and through live cat, Skype, email and phone. The leverage of 1:400 on both Forex and CFD is also liked by many traders. They allow scalping which is liked by many scalpers. The use of Expert advisor is also like by its users. A few cons mentioned are the lesser number of payment options and that the minimum amount required to open an account with them is $250. However, the overall rating given to the company by its various users is 6.3 out of 10.