ACTIVETRADERS24 Review 2024

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What is ACTIVETRADERS24?

ActivTrades is a leading online broker that specializes in trading on forex, CFDs, cryptocurrencies, and more. This platform is recognized for its variety of platforms, tools, and markets, as well as its award-winning customer service and regulation. One of the key offerings of ActivTrades is the ActivTrader Platform. This is a powerful and innovative trading platform that offers fast execution, advanced charts, and intuitive tools. Whether you trade forex, indices, commodities, or shares, ActivTrader lets you access the global markets with ease and confidence. ActivTrades also provides a demo account for users to test their strategies risk-free. This feature allows users to familiarize themselves with the platform and its tools before they start trading with real money. Furthermore, ActivTrades is committed to treating all its customers fairly. Customers are provided with clear information about the products and services and are kept appropriately informed before, during, and after the point of sale. In conclusion, ActivTrades is a comprehensive trading platform that caters to a wide range of trading needs. Its commitment to customer service, combined with its advanced trading tools, makes it a preferred choice for many traders.

What is the Review Rating of ACTIVETRADERS24?

Forexbrokersinfo.com is regularly checking the ratings of ACTIVETRADERS24 at forex broker review sites.
ACTIVETRADERS24 has been reviewed and rated by:
    The Weighted Average Review Rating calculated by Forexbrokersinfo for ACTIVETRADERS24 is 0.

    What are the Pros of ACTIVETRADERS24?

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    What are the Cons of ACTIVETRADERS24?

    ACTIVETRADERS24, a forex broker, has several drawbacks that potential investors should be aware of:. Lack of Regulation: ACTIVETRADERS24 is not regulated by any financial authorities. This means that the safety of investors’ funds cannot be guaranteed as they are not protected by any law. Poor Trading Conditions: The trading conditions provided by ACTIVETRADERS24 have been described as "pathetic". This could potentially lead to a poor trading experience for investors. Non-Functioning Trading Software: The trading software provided by ACTIVETRADERS24 is reportedly non-functioning. This could hinder the trading process and result in potential losses for investors. Slim Product Portfolio: ACTIVETRADERS24 has a slim product portfolio. This limits the range of trading options available to investors. Currency Conversion Fee: ACTIVETRADERS24 charges a currency conversion fee. This could increase the cost of trading for investors, particularly those who trade frequently. Poor Customer Support: The customer support provided by ACTIVETRADERS24 has been described as poor. This could lead to issues not being resolved in a timely or satisfactory manner. Inactivity Fee: ACTIVETRADERS24 charges an inactivity fee. This could result in additional costs for investors who do not trade frequently. In conclusion, while ACTIVETRADERS24 may offer some benefits such as low trading fees and free deposits and withdrawals. , the cons listed above could significantly impact the trading experience and potential returns for investors. Therefore, potential investors should carefully consider these factors before deciding to trade with ACTIVETRADERS24.

    Is ACTIVETRADERS24 Regulated and who are the Regulators?

    ACTIVETRADERS24 is a broker that claims to offer trading in forex, commodities, indices, shares, and cryptocurrencies. However, it is important to note that ACTIVETRADERS24 is not regulated or authorized to operate by any major regulatory authority. The first red flag is that it is not stated which company owns and operates ACTIVETRADERS24. Legitimate brokers are required to provide details of their legal and regulatory status. ACTIVETRADERS24 doesn’t even provide an address. The only contact method is email. The applicable laws are those of Cyprus, a jurisdiction where the bulk of brokers operating in the European Union are registered. However, the domain used by ACTIVETRADERS24 is not listed among the approved websites of the brokers licensed by the Cyprus Securities and Exchange Commission (CySEC). ACTIVETRADERS24 has been the subject of a warning issued by the Spanish Comision Nacional del Mercado de Valores (CNMV). The institution explicitly warns that ACTIVETRADERS24 is not authorized to offer financial services. The terms and conditions provide further evidence that this could not be a broker licensed in the EU. There is a section on bonuses and promotions – a practice prohibited to regulated brokers. Always check carefully that your chosen broker is indeed licensed by institutions such as CySEC. There are many advantages to working with such brokers because they must comply with all the requirements of the European Securities and Markets Authority (ESMA). They must maintain a minimum net capital of at least EUR 730,000, which guarantees that the company is financially stable and has a serious long-term approach. When clients deposit money in their trading accounts, they are kept segregated from the broker’s operating funds in separate bank accounts. Thus the clients’ money remains shielded in case of mishaps like a broker’s bankruptcy. All brokers licensed in Cyprus are members of the Investor Compensation Fund, which may cover a maximum of EUR 20,000 per person in the event of broker insolvency.