At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Founded in 2005, MetaTrader 4 (MT4) is one of the most popular trading platforms globally, renowned for its simplicity and versatility. Offered by ActivTrades, MT4 caters to both beginners and experienced traders with its user-friendly interface and extensive range of trading tools. From forex to CFDs, the platform supports various instruments, making it a go-to choice for many traders.

Forex Risk Disclaimer

Using the Terminal to view your trading history, you can assess your past performance. MT4 provides charting tools and technical indicators, such as RSI and Moving Averages, for in-depth market analysis. These key MetaTrader 4 indicators can provide a wealth of information to support your decision making. No, ActivTrades does not charge any fees for using its trading platforms such as MT4, MT5, cTrader, or TradingView. Traders can also access the default indicators and basic tools on these platforms free of charge. However, some advanced third-party tools or premium services may have separate costs.

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. ActivTrades was founded in 2001 and has grown into a recognized broker primarily serving the U.K. While it is not publicly traded, it holds regulatory approval from the Financial Conduct Authority (FCA), a highly regarded U.K.

TradingView

ActivTrades offers both beginner and advanced educational videos and supports forex and CFD education. However, our research found that its educational resources are below average compared to competitors, and it earns only a moderate recommendation for new traders. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers.

This flexibility allows traders to adapt to various market conditions and pursue their trading objectives. MT4 on Activtrades prioritizes the security of your trading account and personal information. This includes features like data encryption to protect sensitive information during transmission and secure login procedures that help safeguard your account from unauthorized access. Security is crucial for traders, as they deal with financial transactions and personal data. The platform allows users to activ trades review build custom watchlists, set alerts, and create and share trading ideas with a global community. It also supports the development of custom indicators and strategies using its scripting language, Pine Script.

The Islamic Account option at ActivTrades is designed to meet Sharia compliance for religious purposes. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and 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.

Can I trust ActivTrades?

• The ActivTrader platform is easy to use, thanks to its minimalist design and layout, making it suitable for beginners who might be intimidated by more complex trading software.
• Having access to this information can help traders make more informed decisions by understanding the supply and demand dynamics in the market.
• The platform offers a user-friendly interface, real-time quotes, charting tools, technical indicators, and order execution functionalities.
• However, our research found that its educational resources are below average compared to competitors, and it earns only a moderate recommendation for new traders.
• Here is a simple comparison of ActivTrades’s platforms and tools with those of its main competitors, so you can easily see which broker provides which features.
• ActivTrades delivers a mobile trading app experience that we found to be fairly standard.

You can download all of our available platforms and add-ons from your Personal Area, as well as from the relevant sub-page of the “Platforms” tab. After you’ve opened your account with your broker of choice, the next step is to download MetaTrader 4 to your device. In the next section, we look in more detail at how to set up and begin trading with a MetaTrader 4 account. FXEMpire, which compares independent brokers, rated ActivTrader as the best-regulated broker. To begin using MT4 with ActivTrades, download the platform from the official website, install it on your device, and log in using your ActivTrades account credentials.

Level II Pricing – Market Depth:

This allows users to practice and familiarize themselves with the features of the platform without risking real money. It’s an excellent way for beginners to learn and for experienced traders to test new strategies. Traders gain access to the broker’s flagship ActivTrader mobile app along with third-party apps MetaTrader (MT4 and MT5) and TradingView. All mobile apps are available for iOS (via Apple’s App Store) and Android (via the Google Play Store). However, MT4 has fewer asset classes than new platforms, and it can take some time to learn how to use all of its features effectively. More experienced traders may wish to consider whether MetaTrader 4 or 5 will be more appropriate in meeting their objectives.

Once your ActivTrades account is approved, you’ll receive your login credentials. Understanding how MetaTrader 4 works is essential to successfully using the platform. While beginners don’t need to worry too much about MT4’s advanced features initially, having a grasp of the basics will enable you to begin trading quickly.

Spread betting with ActivTrades offers cost-effective, commission-free trading on a wide range of markets and instruments, 24/7. Engage with the financial markets in a flexible manner by trading with leverage on both long and short positions. We built the website to assist forex traders in finding the right forex brokers to trade with ease. MT4 on Activtrades is typically designed to accommodate a wide range of trading strategies. Whether you are a scalper, day trader, swing trader, or long-term investor, you can execute your preferred strategies without facing significant restrictions.

• It’s an excellent way for beginners to learn and for experienced traders to test new strategies.
• The MetaTrader and TradingView mobile apps available with ActivTrades are the standard versions you’d get straight from the developer.
• Yes, based on your detected country of FI, you can open an account with this broker.
• ActivTrades is a mature broker that has been in business for over 20 years.

ActivTrades gives you access to tight spreads and fast execution for demo and live accounts, and our award-winning support is on hand throughout. While MT4 offers powerful tools for trading, it is essential to implement effective risk management strategies. Utilize stop-loss orders, set appropriate leverage levels, and stay informed about market conditions to mitigate potential losses.

Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. ActivTrades provides competitive pricing for standard account users, with an average EUR/USD spread of 0.98, better than the 1.08 industry average. While it doesn’t require a minimum deposit in most regions, it does charge an inactivity fee and lacks VIP or active trader discounts. ActivTrades is an FCA-regulated broker that has established a strong reputation for reliability, competitive spreads, and good customer service.

This transparency in pricing is valuable for traders who want to make informed decisions based on accurate market data. 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. ActivTrades is a good choice for beginners due to its easy-to-use ActivTrader platform, well-laid-out website, and decent balance of educational content and research tools. The ActivTrader platform is easy to use, thanks to its minimalist design and layout, making it suitable for beginners who might be intimidated by more complex trading software.

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. While testing the ActivTrader platform, I found some intriguing tweaks to order types. I liked that the platform’s Progressive Trailing Stop makes a regular trailing stop even more dynamic with an additional parameter that modifies the original stop distance. There’s even an option to adjust the stop distance if specific price targets are met along the way. I was intrigued by this innovative feature; recreating such orders manually would be complicated (in many cases, this would be impossible without a trading API).

The ActivTrader mobile app watchlist in light mode, showing live bid/ask data for major pairs. ActivTrades is not publicly traded, but is regulated under MiFID in the EU and authorized by the U.K.’s Financial Conduct Authority (FCA), one of the most respected financial regulators globally. According to industry research from ForexBrokers.com, ActivTrades has a Trust Score of 81, placing it in the “Trusted” category. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it.

How do I open an account with ActivTrades?

When you trade with Activtrades using MT4, you can expect a high level of protection for your trading funds. This typically involves segregating client funds from the broker’s operational accounts. In case of financial difficulties, these segregated accounts help ensure that your trading capital remains safe. Additionally, some brokers offer investor compensation schemes to provide an extra layer of protection for your funds. MetaTrader 5 (MT5) is a multi-asset trading platform developed by MetaQuotes and released in 2010. It is the updated version of MT4 and supports trading in forex, stocks, and other financial instruments.