donquixote
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I am quite new to forex, but read that ActivTrades are one of the only brokers to give direct access to liquidity providers via MetaTrader platform. I'm thinking of giving it a go. Anyone know any more about this or this broker?
varengold_IB
Newbie
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i have good experience in demo. are they ECN or bank?
donquixote
Newbie
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Sorry Varengold, I'm a Newbie and I'm not sure I understand your question?
They are no bank, they are no ECN, they are somebodie`s white-label partner a.k.a. bucketshop!
Still I like them.
Regards
Hittfeld
Yeah, they offer MetaTrader which is a front end trading platform like Nija or TT but your trades will be cleared through Rosenthall Collins.
I am often on the search for a slightly less indecent broker than my own, so one question if you please to those who know the answer without research. Do they accept Yanks as customers? for I am over here and rather addicted to MT platform (for my sins.) 
davidmoliv
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Hello.
I have a question for those who already have a real account with ActivTrades:
After the account oppening I received a mail asking to make the founds wire but no access has been given to some kind of customer's reserved area or so. Don't we have an account management area, or I'll just have MT4 and I'll have to managed it also as account manager ??!!
Thanks in advance.
I have a question for those who already have a real account with ActivTrades:
After the account oppening I received a mail asking to make the founds wire but no access has been given to some kind of customer's reserved area or so. Don't we have an account management area, or I'll just have MT4 and I'll have to managed it also as account manager ??!!
Thanks in advance.
chilltrader
Experienced member
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Anyone using IBFx?
Will checkout Activtrades next week
Will checkout Activtrades next week
daniellefr
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I trade with Activtrades too - so far had no problem with them at all. Good broker.:clap:
I have been with ActivTrades for about 9 months. It took a while to discover that they are playing the game of being an honest and reliable broker, while in fact they're white-collar criminals.
The reason is that at a certain point I entered a (live) trade and made a nice profit. Several hours after I closed the order, the order (and profit) suddenly disappeared from my MT4.
I contacted them and they had to investigate the issue. The answer was that they had given me a wrong quote.
I discussed the matter that it was their responsibility. They gave me a quote, I acted and entered an order and they accepted this order. A while later I closed the order and they accepted that too, and I collected the gain.
They did not inform me about anything, they just deleted the order without any notice, several hours after I closed the order.
The official result of the investigation was that a 'manifest error' occurred and that according to the contract we have, they were allowed to delete the order (in their words 'correct').
It's very simple: At the moment I opened the order, ActivTrades ACCEPTED the order. When I closed the order, ActivTrades ACCEPTED that too.
Just imagine when I go to a store and buy a bicycle. The seller and I agree on the price and I buy the bike. I get the bike and the seller gets the money. The trade is closed. After a couple of hours I suddenly discover that my bike is missing and that the seller took my bike away without telling me anything. After this discovery, I ask what's that all about and he tells me that his system made an error and the price was incorrect, so he had to get the bike back.
The biggest problem is that ActivTrades hides behind their system. They blame their system. It's the systems fault. Furthermore they hide behind the rules they have. They are very polite thieves.
It's a very sad story. They told me this can happen anytime with any broker.
So if this can happen anytime, I cannot longer trust this company because they don't communicate upfront and they do not prove that an error really was the issue.
I withdrew my money and closed the account. I will never do business with them anymore. With ActivTrades it's just IMPOSSIBLE to actually gain, because at any given time, they can delete your profitable trades without warning.
I have communicated several times with them and they are not willing to solve the issue. Be warned about this broker.
Maurice
The reason is that at a certain point I entered a (live) trade and made a nice profit. Several hours after I closed the order, the order (and profit) suddenly disappeared from my MT4.
I contacted them and they had to investigate the issue. The answer was that they had given me a wrong quote.
I discussed the matter that it was their responsibility. They gave me a quote, I acted and entered an order and they accepted this order. A while later I closed the order and they accepted that too, and I collected the gain.
They did not inform me about anything, they just deleted the order without any notice, several hours after I closed the order.
The official result of the investigation was that a 'manifest error' occurred and that according to the contract we have, they were allowed to delete the order (in their words 'correct').
It's very simple: At the moment I opened the order, ActivTrades ACCEPTED the order. When I closed the order, ActivTrades ACCEPTED that too.
Just imagine when I go to a store and buy a bicycle. The seller and I agree on the price and I buy the bike. I get the bike and the seller gets the money. The trade is closed. After a couple of hours I suddenly discover that my bike is missing and that the seller took my bike away without telling me anything. After this discovery, I ask what's that all about and he tells me that his system made an error and the price was incorrect, so he had to get the bike back.
The biggest problem is that ActivTrades hides behind their system. They blame their system. It's the systems fault. Furthermore they hide behind the rules they have. They are very polite thieves.
It's a very sad story. They told me this can happen anytime with any broker.
So if this can happen anytime, I cannot longer trust this company because they don't communicate upfront and they do not prove that an error really was the issue.
I withdrew my money and closed the account. I will never do business with them anymore. With ActivTrades it's just IMPOSSIBLE to actually gain, because at any given time, they can delete your profitable trades without warning.
I have communicated several times with them and they are not willing to solve the issue. Be warned about this broker.
Maurice
if you search forums you'll find many other stories like yours
about activtrades
anyway many new traders must be greatful to you
for exposing another predatory broker in such details
Hi, this thread is a bit old, anyone has updated experiences with them? They have grown a lot in the pas few years. Some bucketshop clues (gives 1:400 leverage, auto stop out only at 30% of margin...), but other than that, was wondering about people s experience (see my other post)
