XTB Vs ActivTrades

Category: Broker Guides | Author: Trading Brokers | Date: July 26, 2023

Investing in financial markets requires careful consideration and choosing the right broker is a crucial decision. Among the numerous options available, XTB and ActivTrades stand out as popular choices for traders around the globe. Both brokers offer a wide range of financial instruments, advanced trading platforms, and competitive pricing. However, understanding the key differences between them is essential to make an informed choice. In this article, we will delve into a comprehensive comparison of XTB and ActivTrades, exploring their features, trading conditions, and overall reputation. By the end, you will have a clearer understanding of which broker aligns better with your investment goals and preferences.

Overview of XTB

XTB

XTB

XTB is a well-established brokerage firm known for its comprehensive range of financial instruments and advanced trading platforms. With a global presence and regulatory oversight from respected authorities, XTB provides traders with a secure and reliable trading environment. The platform offers a variety of account types tailored to suit different trading styles and experience levels. Additionally, traders can access a vast selection of markets, including forex, indices, commodities, cryptocurrencies, and more. XTB’s intuitive trading platforms, such as xStation 5 and MetaTrader 4, provide advanced charting tools, real-time market analysis, and a user-friendly interface. With competitive spreads, low fees, and a commitment to client education and support, XTB stands as a trusted choice for both novice and experienced traders.

Pros of XTB

  • It has a user-friendly and innovative trading platform called xStation 5, which is web-based, mobile and desktop compatible.
  • XTB provides comprehensive education and market analysis for its clients.
  • It offers competitive spreads and commissions, fast execution and no requotes.
  • XTB has a dedicated customer support team available 24/5 in multiple languages.

Cons of XTB

  • XTB does not accept clients from some countries, such as the US, Canada, Japan and Singapore.
  • It charges inactivity fees of $10 per month after 12 months of no trading activity.
  • XTB has a limited range of payment methods, only supporting bank transfers, credit/debit cards and PayPal/Skrill.
  • It does not offer MetaTrader 4 or MetaTrader 5 platforms, which are popular among many traders.
XTB Logo

XTB offer superior execution on a reliable, award-winning platform, being one of the largest stock exchange-listed Forex and CFD brokers in the world - dedicated to helping you at every stage of your trading journey.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Overview of ActivTrades

ActivTrades

ActivTrades

ActivTrades is a prominent online brokerage firm that has gained a strong foothold in the financial industry. With its robust trading platforms and comprehensive range of services, ActivTrades offers a reliable and feature-rich trading experience to investors. The platform supports various asset classes, including forex, indices, commodities, and shares, enabling traders to diversify their portfolios. ActivTrades provides a variety of account types, including Standard, Professional, and Islamic accounts, to cater to different investor needs. Additionally, the broker offers competitive spreads, flexible leverage options, and a suite of trading tools, such as market analysis and risk management features. With its commitment to client satisfaction, strong regulatory framework, and efficient customer support, ActivTrades stands out as a trusted choice for online traders.

Pros of ActivTrades

  • It supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
  • It offers competitive spreads and commissions, as well as no requotes and no hidden fees.
  • It has a dedicated customer support team available 24/5 via phone, email and live chat in multiple languages
  • It has a user-friendly and customisable trading platform called ActivTrader, which is web-based, mobile and desktop compatible.

Cons of ActivTrades

  • It does not accept clients from some countries, such as the US, Canada, Japan and Singapore.
  • It charges inactivity fees of $10 per month after 12 months of no trading activity.
  • It has a limited range of payment methods, only supporting bank transfers, credit/debit cards and Skrill.
  • It does not offer cryptocurrencies as a tradable asset class.
ActivTrades Logo

Established in 2001, ActivTrades are an award winning and regulated online broker offering traders across the globe 500+ trading instruments. They provide powerful trading platforms, useful trading tools and educational materials.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Comparison between XTB and ActivTrades

When it comes to choosing a broker for your investment needs, it’s important to carefully consider various factors. Let’s explore each point extensively:

Regulation

XTB adheres to major global supervision authorities, including the UK’s Financial Conduct Authority (FCA), Poland’s KNF, Cyprus’ CySEC, Spain’s CNMV, Belize’s IFSC, and regulators in Europe, Africa, and Latin America. Similarly, ActivTrades is overseen by multiple authorities, such as Bahamas’ SCB, the UK’s FCA, UAE’s DFSA, Brazil’s CVM, and BACEN, as well as regulators in Europe and Asia. Both companies maintain regulatory compliance across diverse regions, ensuring transparency and security for their clients.

Trading Platforms

XTB offers two trading platforms: xStation 5 and MetaTrader 4 (MT4). xStation 5 is an innovative platform with market sentiment, performance stats, charts trading, and order depth. MT4 is known for automated trading and technical analysis. ActivTrade has three platforms: ActivTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). ActivTrader is customizable with one-click trading, advanced charting, and market sentiment. MT4 and MT5 offer automated trading and technical analysis. All platforms work on the web, mobile, and desktop.

Pricing and Fees

XTB and ActivTrade both offer low trading fees for forex and CFDs, with variable spreads and no commissions. However, XTB has lower spreads on average than ActivTrades, especially for forex pairs. XTB also has lower stock CFD fees than ActivTrades. Both brokers charge inactivity fees of $10 per month after 12 months of no trading activity. They both have no deposit or withdrawal fees for most payment methods, except for wire transfers. However, XTB charges a currency conversion fee of 0.5% for non-base currency transactions, while ActivTrade does not.

Broker Type

XTB is an NDD broker that uses STP and ECN technologies to provide fast and transparent execution1. This means that XTB does not take the opposite side of your trades, but rather passes them to its liquidity providers or the interbank market. XTB also offers market execution, which means that your orders are filled at the best available price without requotes. ActivTrades is also an NDD broker that uses STP technology to provide fast and transparent execution. This means that ActivTrades does not take the opposite side of your trades, but rather passes them to its liquidity providers or the interbank market. ActivTrades also offers market execution, which means that your orders are filled at the best available price without requotes.

Leverage

XTB and ActivTrade both offer high leverage for forex and CFDs, but the maximum leverage depends on the regulatory jurisdiction and the type of account. For UK and EU clients, both brokers offer a maximum leverage of 1:30 for retail accounts and 1:200 for professional accounts. For global clients, XTB offers a maximum leverage of 1:500 for standard accounts and 1:200 for pro accounts, while ActivTrades offers a maximum leverage of 1:400 for all accounts.

Asset Selection

In terms of asset selection, XTB surpasses ActivTrade, offering 2200+ instruments compared to ActivTrade’s 1000+. XTB stands out in currency pairs, providing 48 options, while ActivTrades offers 50 pairs. Additionally, XTB presents 25 cryptocurrency pairs, whereas ActivTrades offers only 5. Furthermore, XTB offers 1700+ stock CFDs, while ActivTrade provides 500+. On the other hand, ActivTrades has a slight advantage over XTB in the number of commodities, offering 27 of them, while XTB only provides 21. Additionally, ActivTrades also has more indices, with a total of 42, compared to XTB’s 40 indices. Both brokers offer 200+ ETFs and 5 bonds, ensuring a diverse trading experience.

Social Trading

XTB offers social trading functionality through its xSocial platform. Social trading allows users to follow and copy the trades of successful traders, enabling them to benefit from their expertise and potentially enhance their own trading strategies. XTB’s xSocial platform provides a user-friendly interface, comprehensive performance statistics, and a wide pool of skilled traders to choose from. In contrast, ActivTrades does not currently offer social trading as part of its platform features.

Minimum Deposit

XTB has no minimum deposit for its Standard and Pro accounts, but it has a $250 minimum deposit for its Islamic account. ActivTrade has no minimum deposit requirement for their accounts, which means traders can start trading with any amount they prefer.

Withdrawal and Deposit Methods

XTB and ActivTrade both have various withdrawal and deposit methods for their clients, including credit/debit cards, e-wallets, and bank transfers. However, XTB has more payment options than ActivTrades, such as Paysafecard and Maestro. Both brokers also have fast processing times for withdrawals and deposits, usually within one business day. XTB supports 15 currencies for deposits and withdrawals, while ActivTrade supports 14 currencies.

Which is More Suitable for You?

If you’re a trader looking to decide between XTB and ActivTrades, consider the following factors. If you prioritize a wide range of trading instruments and social trading capabilities, XTB might be the better choice, as they offer over 1,500 instruments across six asset classes and have a dedicated social trading platform called xSocial. On the other hand, if competitive pricing and a lower minimum deposit are important to you, ActivTrades may be more suitable, as they offer low non-trading fees and no minimum deposit requirement. Assess your specific needs and preferences to make an informed decision that aligns with your trading goals.

Conclusion

To wrap it up, when comparing XTB and ActivTrades, both brokerage firms offer competitive services and features for online trading. XTB impresses with its intuitive platform and comprehensive educational resources, while ActivTrades stands out with its robust trading tools and strong regulatory framework. Ultimately, the choice between the two will depend on individual preferences, such as preferred account types, available markets, and desired level of customer support.


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