Is ActivTrades free?
Disclaimer: 74-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
ActivTrades does not provide access to real stock trading on US markets. If you are looking for a zero-commission broker to trade on US stock exchanges, you can check our article detailing the best apps offered in this category of brokers. If you wish to stick with ActivTrades though, then you will find the fees they charge below.
ActivTrades fees
Overview of ActivTrades fees and charges
It's safe to say that ActivTrades's fees are low in general. They either don't charge a brokerage fee for things that other brokers do, or they only charge a small amount.
Here's a high-level overview of ActivTrades's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | - | Not available |
| EURUSD fee | Low | The fees are built into the spread, 0.5 pips is the average spread cost during peak trading hours. |
| US mutual fund fees | - | Not available |
| Inactivity fee | Low | If the account is not used for over 1 year and there is a remaining balance, a fee of £10 per month will be charged |
ActivTrades fees
ActivTrades fees explained
Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.
This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:
- Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
- A commission is either fixed or based on the traded volume.
- A spread is the difference between the buy price and the sell price.
- A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
- Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.
We compare ActivTrades fees with its closest competitors, Admirals (Admiral Markets) and FxPro.
ActivTrades fees
ActivTrades trading fees
ActivTrades's trading fees are low, which makes it suitable for you even if you trade often (i.e. several times a week).
Let's break down trading fees according to the different asset classes available at ActivTrades.
Trading fees
ActivTrades's trading fees are low.
Forex fees
ActivTrades's forex fees are low.
| ActivTrades | Admirals (Admiral Markets) | FxPro | |
|---|---|---|---|
| EURUSD benchmark fee | $14.2 | $15.1 | $15.0 |
| EURGBP benchmark fee | $12.8 | $15.7 | $12.8 |
CFD fees
ActivTrades has low CFD trading fees.
| ActivTrades | Admirals (Admiral Markets) | FxPro | |
|---|---|---|---|
| Apple CFD | $1.1 | $1.1 | $4.4 |
| Vodafone CFD | $2.4 | $4.9 | $7.5 |
| Germany | - | - | - |
Currency conversion fee
ActivTrades will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 0.3% fee will applied.
ActivTrades fees
ActivTrades non-trading fees
When it comes to non-trading fees, ActivTrades is a rather cheap broker.
Non-trading fees include various brokerage fees and charges at ActivTrades that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.
| ActivTrades | Admirals (Admiral Markets) | FxPro | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | Yes | Yes | Yes |
| Account fee | No | No | No |
ActivTrades fees
ActivTrades deposit fee
Usually, brokers don't charge anything for deposits, and ActivTrades is no different.
| ActivTrades | Admirals (Admiral Markets) | FxPro | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Deposit fee | $0 | $0 | $0 |
ActivTrades fees
ActivTrades withdrawal fee
ActivTrades generally doesn't charge a withdrawal fee.
| ActivTrades | Admirals (Admiral Markets) | FxPro | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Withdrawal fee for bank transfer | $0 | $0 | $0 |
ActivTrades fees
ActivTrades inactivity fee
ActivTrades does apply an inactivity fee and it is If the account is not used for over 1 year and there is a remaining balance, a fee of £10 per month will be charged. Keep this in mind to avoid getting charged after a longer idle period. The fact that ActivTrades charges an inactivity fee makes it less ideal for you if you are a buy-and-hold investor.
The inactivity fee charged by ActivTrades is low.
| ActivTrades | Admirals (Admiral Markets) | FxPro | |
|---|---|---|---|
| Inactivity fee | Yes | Yes | Yes |
| Inactivity fee | If the account is not used for over 1 year and there is a remaining balance, a fee of £10 per month will be charged | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero | $15 one-off account maintenance fee and $5 monthly fee after 6 months of inactivity |
Comments