When it comes to online trading, the choice of a reliable and trustworthy broker is pivotal. Two prominent names in the industry that often pique the interest of traders are ActivTrades and Trading.com. In this article, we will delve into a detailed comparison of ActivTrades and Trading.com reviews, assessing key aspects such as trading platforms, regulations, fees, and customer support to help you make an informed decision.
Regulation and Security:
ActivTrades is a well-established broker regulated by the Financial Conduct Authority (FCA) in the United Kingdom, which is known for its strict oversight. The FCA’s regulatory framework ensures client fund segregation, providing a safety net for traders’ investments. ActivTrades also offers negative balance protection, further safeguarding traders from excessive losses.
On the other hand, Trading.com is also regulated by the FCA, assuring a high level of security and compliance with industry standards. Both brokers are on par in this category, giving traders peace of mind regarding their investments.
ActivTrades offers MT4 and MT5, two popular trading platforms. Users like these platforms’ user-friendly UI, powerful charting capabilities, and expert advisor-automated trading. Our own platform, ActivTrader, is an alternative to MT4 and MT5.
Trading.com primarily offers the MetaTrader suite as well, with MT4 and MT5 as their core trading platforms. This aligns them with ActivTrades in terms of trading platform choices. Both brokers provide versatile options, allowing traders to choose the platform that suits their preferences.
Fees and Spreads:
Comparing fees and spreads is a critical aspect of choosing a broker. ActivTrades offers variable spreads, starting from 0.5 pips on major currency pairs for its Standard Account. However, the spreads on the more competitive Razor Account can go as low as 0.5 pips. While they do not charge a commission on forex trading, they do on other assets like shares and indices.
Trading.com, on the other hand, also offers variable spreads starting from 0.3 pips on major currency pairs for their Standard Account. They follow a commission-based model on forex trading, with commissions starting from $1 per lot. It’s worth noting that fee structures can vary depending on the type of account and assets traded.
Assets and Markets:
Both ActivTrades and Trading.com offer access to a wide range of financial instruments, including forex, commodities, indices, and shares. ActivTrades has a more extensive offering of CFDs on shares, while Trading.com provides a wider selection of cryptocurrency assets. The choice between the two may depend on your trading preferences and the specific assets you wish to trade.
Customer support is essential in the world of online trading, as timely assistance can make a significant difference during volatile market conditions. ActivTrades offers a dedicated support team available 24/5 and can be reached via phone, email, and live chat. They are known for their responsive and helpful customer service.
Trading.com also provides 24/5 customer support via various channels, including phone and email. Their customer support team is generally responsive and knowledgeable, aiming to assist traders promptly.
In terms of educational resources, both brokers offer a variety of materials to help traders improve their skills. ActivTrades provides webinars, video tutorials, and a comprehensive educational section on their website. Trading.com offers similar resources, including educational articles, videos, and a demo account for novice traders to practice without risking real money.
ActivTrades offers different account types to cater to a variety of trader needs, including the Standard Account, Professional Account, and a Sharia-compliant account for Islamic traders. Trading.com, on the other hand, has a Standard Account and a Professional Account.
In the comparison between ActivTrades and Trading.com reviews, both brokers have their merits, making them attractive choices for traders. The decision on which one is more suitable for you depends on your specific trading preferences and needs.
ActivTrades stands out with its long-established reputation, strong regulation, and a range of trading platforms, including its proprietary ActivTrader. Trading.com also provides a secure trading environment, with a strong regulatory framework, versatile trading platforms, and competitive spreads.
Ultimately, your choice between the two should be based on your individual requirements, whether you prioritize lower spreads, a specific trading platform, or access to a particular set of financial instruments. Conduct thorough research, consider your trading style, and test the platforms through demo accounts to ensure you select the broker that aligns best with your goals and preferences. Both ActivTrades and Trading.com are reputable brokers, and your decision will largely hinge on your unique trading priorities