Forex Brokers with ActTrader
If you are a forex trader that is looking to take your trading to the next level with an innovative and advanced trading platform, then ActTrader could be a suitable solution. This powerful platform is packed with everything you need for creating and running complex forex trading strategies. Perhaps you are already well accustomed to the platform and just looking for a forex broker with ActTrader. Either way, this guide will cover some of the key ActTrader features and provide you with a few ActTrader brokers to consider.
What is ActTrader?
ActTrader is a professional trading platform developed by ActForex that is fully loaded with lots of features and functionalities that can support the most demanding of forex traders and investors.
Founded all the way back in 2000, ActForex were one of the first innovators of independent retail forex trading technology, with more than 120 market makers and 3000 introducing brokers utilizing the ActForex platforms.
Key features of the ActTrader platform include:
- Real time forex market price quotes
- Multiple chart types and timeframes
- Supports different orders including instant and pending
- Single-click trading directly from the charts
- Develop automated trading robots back test them on historical data
- Robust trading tools and technical indicators for in depth chart analysis
- Price alert notification when a currency pair price reaches a certain level
The ActTrader desktop application allows brokers to offer a feature-rich customisable workspace to their clients to execute trades, manage their accounts and much more.
Act Web Trader
Built upon the needs of every trader, the ActTrader web trading application boasts the same set of advanced trading features as the desktop platform without needing to download or install any additional software. It is compatible with all browsers and operating systems.
Available on iOS and Android devices, the ActTrader mobile trading apps offer users full control of their accounts, on the go. The ActTrader app offers advanced charting capabilities, account summary and other features available in the desktop version.
ActPad is the iPad version of ActTrader platform. Simply log in with your ActTrader username and password to access your trading account, orders and open positions.
ActBinary offers comprehensive yet easy to use trading features and is available as a module for the celebrated ActTrader platform, or as a stand-alone options platform.
ActTrader vs MetaTrader
I don’t think there can be any doubt that the MetaTrader platform is by far the most popular for when it comes to trading forex and CFDs online. It is beginner friendly and has a large community with millions of traders who share ideas, technical indicators, trading signals, trading robots and more. Other top trading platforms include NinjaTrader, TradingView and cTrader.
As MetaTrader is so widely available, once you know how to use it, you will have lots of choice when it comes to MetaTrader 4 and MetaTrader 5 brokers. This can make switching brokers down the line more convenient as you will not need to learn how to use another trading platform from scratch.
On the other hand, some experienced traders argue that ActTrader is more advanced and faster than MT4/MT5. Personally, I use the MetaTrader platforms as they do everything that I need them to and much more. You could always try both platforms using a free forex demo account and see which you prefer. Your choice may also depend on the account features that come with either of the platforms.
What forex brokers have ActTrader?
ActForex maintains its position as an industry leader in forex trading technology by continuing to offer cutting-edge products and services to trading firms everywhere. One of the main benefits for forex brokers who offer this platform is freedom. Brokers are able to focus their energies on the more important aspects of their companies, as ActForex handles all of the software’s technical details.
Unfortunately, there are is only a limited selection of forex brokers with the ActTrader platform. If you are looking for a forex broker that offers low spreads and high leverage for trading forex on the ActTrader platform, you can see a few options from our broker reviews in the table below.
ActTrader pros & cons
- Fully customisable interface
- User-friendly yet powerful
- Advanced trading tools
- Supports manual and automated trading
- Available across various devices
- Not available via many forex brokers
- Limited add-ons from third-party developers
- Steep learning curve for new traders
Conclusion: should I look for a forex broker with ActTrader?
If you already have experience trading forex on the ActTrader platform, then I would say you might want to stick with it. However, be aware that your options when it comes to forex brokers that have ActTrader are going to be very limited when compared to MetaTrader brokers.
If you are a complete novice and looking for a forex trading platform, then I feel like MetaTrader would be the more user-friendly option. It also has lots more add-ons available and is readily available to use free of charge from the majority of forex brokers. You may also check out our best brokers for beginners who should have lots of trading guides to help you get started.
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