Active Brokerz Review 2020
Active Brokerz is an online trading broker that provides clients with the popular and sophisticated MetaTrader 4 trading platform for trading multiple financial instruments across different asset classes, such as forex, commodities, stocks, cryptocurrency, and indices. The broker also provides some useful trading tools and educational resources to traders. However, the broker is unregulated which may be a red flag for potential clients.
Active Brokerz Review 2020, Pros & Cons
- The popular MT4 platforms
- A range of trading tools
- Online trading academy
- Live webinars
- Multiple trading account options
- Lack of regulation
- Offshore broker
- No US clients
- Limited funding options
- No live chat support
- Not much information available on brokers website
In this detailed Active Brokerz review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Active Brokerz is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Active Brokerz.
Active Brokerz Review: Summary
Based in Saint Vincent and the Grenadines, Active Brokerz is a trading broker that offers online trading of multiple financial instruments via the intuitive MetaTrader 4 trading platform. They provide clients with a wide range of useful trading tools and educational resources. The broker offers clients multiple trading account options with a minimum required deposit starting from €250.
Active Brokerz Review: Regulation
There is no regulatory information on the broker’s website at the moment. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our best trading brokers for alternative regulated brokers.
Active Brokerz Review: Countries
The broker states that its services are not intended for use by residents of the United States, or by any person in any country or jurisdiction where such use would be contrary to local law or regulation.
Some Active Brokerz features and products mentioned within this Active Brokerz review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Active Brokerz Review: Trading Platforms
The broker provides traders with the sophisticated MetaTrader 4 trading platforms. MT4 is equipped with 3 charts and 9 timeframes. The platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices which is useful for those who wish to trade whilst on the go.
Active Brokerz Review: Trading Tools
The broker provides clients with a range of useful trading tools, such as Economic Calendar, Technical Analysis, Forex Cross Rates, and Real-Time Charts.
Active Brokerz Review: Education
The broker’s website has an ‘Online Academy’ section, which contains a wide selection of training videos on how to use the broker’s trading platforms, as well as lessons aimed at improving your knowledge of financial markets and trading online. The broker also organizes online live webinars from time to time.
Active Brokerz Review: Trading Instruments
Active Brokerz offers multiple financial instruments across different asset classes, such as forex, commodities, stocks, cryptocurrency, and indices.
Active Brokerz Review: Trading Accounts & Fees
Active Brokerz offers its clients a choice of different trading account types to suit each trader’s individual trading needs. The accounts require different minimum deposit amounts, and they are as follows: Beginner (€250), Intermediate (€5,000), and Expert (€20,000) Accounts. Each account type gives the users access to top assets, online live webinars, free daily market research reports, and much more. Demo accounts are also provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Active Brokerz review. It is imperative to ensure that you check and understand all of the latest information before you open an Active Brokerz account for online trading.
Active Brokerz Review: Customer Service
The broker provides a dedicated customer support team via telephone and email. There is no live chat option to contact support.
Active Brokerz Review: Deposit & Withdrawal
Active Brokerz accepts the following payment methods:
- Bank Transfer
- Credit/ Debit Cards — such as Visa, MasterCard
- Alternative Payment Solutions — including UpayCard and Moneynet.
Third-party payments are not accepted.
Active Brokerz Review: Account Opening
It is quick and easy to signup and start trading online with Active Brokerz. All you need is to click on the ’Register Now’ and fill out the form properly, then submit.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Active Brokerz Review: Conclusion
Active Brokerz is an online broker that offers a range of trading instruments via the MT4 platform. They provide clients with trading tools and educational resources along with multiple trading account options and a variety of payment methods. However, the broker is not regulated which could deter potential traders who would prefer to use a regulated broker that offers them some form of protection.
Trading Forex and CFDs is highly speculative, carries a high level of risk, and may not be suitable for all investors. You should not risk an amount you cannot afford to lose.