Islamic swap-free accounts that comply with Sharia law are also available upon request. This is good as it shows they are a Muslim friendly broker who welcome clients from all backgrounds with different religious beliefs. In saying that, most brokers have a swap-free account nowadays, including CAPEX. Cryptocurrency is an online digital currency that is made of complex mathematical algorithms and decentralised. If you are a trading in a jurisdiction where it is allowed, you can have access to trade cryptos including Bitcoin and Ethereum.
T’s dropping, I was so glad to catch that move right from the top… The fees are tight, i took the trade near the news time and got filled without slippage and wide spreads. Additionally, you will be asked to verify your identity and address by uploading relevant documents, such as a government-issued ID and a utility bill. After submitting your application, you may also need to answer a few questions regarding your trading experience to help ActivTrades tailor the account to your needs. ActivTrades provides a range of powerful research tools to help traders stay informed and make informed decisions. ActivTrades charges rollover fees, also known as swaps, for positions held overnight. These fees are determined by the difference in interest rates between the currencies involved in a trade and can either be credited or debited to the trader’s account.
Please note, some markets may only be available via CFDs or other derivatives. ActivTrades is primarily regulated by the FCA in the UK, which is recognized for its stringent regulatory framework and high client protection standards. If you encounter issues while trading with ActivTrades, its customer support is responsive and helpful.
The charting and trading tools that you will have available at ActivTrades are all provided through both MT4 and MT5 trading platforms. These platforms are well-known for providing an extensive range of tools and indicators so you will have more than 51 charting indicators and 31 drawing tools at your disposal. They are a top platform choice with many additional trading tools and very low costs suited to all traders. They are also very well-regulated and have many protective measures including insurance up to $1,000,000 provided on all trades. Accounts can be opened in various currencies including GBP, EUR, USD, CHF.
However, we have compared the costs across standard accounts since ActivTrades does not charge commissions when it comes to forex trading. Customers looking to avoid paying or receiving interest can conveniently apply for Islamic accounts at ActivTrades. This account type complies with Shariah laws and facilitates swap-free trading whereby positions that remain open overnight do not incur rollover fees, also known as swaps.
Clients who wish to capitalise on the expanding need for the digital currency may consider staking some funds in cryptocurrencies. The company offers 20+ crypto CFDs such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), etc. Your source for legitimate reviews.In order to contact us all you have to do is send an email to You can contact us regarding content and privacy issues, as well as advertising offers. ActivTrades is a regulated broker with a decent track record, but it also has mixed reviews and some operational transparency concerns.
Here you can expect a collection of some of the most powerful trading platforms in the industry, with MetaTrader being renowned as a favored, robust solution for the majority of traders. The overnight fee is common to all brokers and is charged on almost every asset at ActivTrades since they focus on offering CFDs. This is the fee which you incur for holding an asset overnight and it is charged at the closing time of the market. Since it is a dynamic fee which changes based on the market and asset, you can get exact numbers from your trading platform at that time.
There are over 500 assets available for trading in total activtrades review with the broker. The only account type which does not feature this fee is the Islamic trading account in order to remain Sharia compliant. These spreads leave the broker in a very competitive position when compared with some other major brokers in the sector. The ActivTrades withdrawal methods you will find available all match the deposit methods. This means wire transfer, major credit/debit cards, and a number of eWallets will all be accepted.
ActivTrades isn’t as extensive as assets offered by top-rated brokerage firms. However, it still provides sufficient tradable assets across all the supported markets. Finally, test the demo account to evaluate the platform’s functionality without risking funds. Trading with unregulated or offshore-only brokers involves risks like lack of oversight, no client fund protection, and no formal dispute resolution processes.
I was pleased to have access to global stock exchanges including New York, London, Frankfurt, Milan, Paris and more. They do not charge an overnight fee, allow mini and micro lots, have flexible margin requirements and spreads from 0.23 points in S&P500. These are really good conditions that are comparable to the best indices brokers. The website has a decent collection of handbooks in PDF format that cover a range of topics from trading platforms to trading tools.
Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
ActivTrader boasts superior speed, with average execution times below 0.004 seconds and over 93.6% of orders filled at requested prices. Its cloud-based infrastructure offers greater scalability and uptime, making it ideal for traders seeking both power and reliability. In an era of web-based solutions, ActivTrades allows traders to utilize its platform without additional downloads. Customers can access the platform directly via web browsers, ensuring a convenient and efficient trading experience. ActivTrades’ exposure to indices is equally enticing, allowing traders to invest in collective market movements.
The broker provides a nice range of tools for market research and analysis, including a dedicated news section and an economic calendar. Bank transfers in US dollars are the sole exception to this rule as they incur a $12.50 fee at the EU-facing version of the website. Requesting a bank transfer withdrawal under the Bahamas and Mauritius entities will cost you £9.
Islamic Accounts do not incur overnight swap fees, making them suitable for Muslim traders who wish to avoid interest-based transactions. By following these simple steps and providing the necessary information and documents, you can quickly and easily open an account with ActivTrades and start trading in the global financial markets. Once your account is approved, you can fund it using one of the available payment methods, such as bank transfer, credit/debit card, or e-wallets like Skrill or Neteller. ActivTrades does not charge any deposit fees, and most payment methods are processed instantly.