ActiveFX Markets

WikiFX | 2024-09-25 14:41

Abstract：ActiveFX Markets is an offshore broker. It provides multiple trading assets, like currencies, stocks, indices and commodities. Traders can trade on its own platform or popular trading platform MT5. However, it is not regulated by FCA or any other financial authorities.

ActiveFX Markets is an offshore broker. It provides multiple trading assets, like currencies, stocks, indices and commodities. Traders can trade on its own platform or popular trading platform MT5. However, it is not regulated by FCA or any other financial authorities.

Pros and Cons

Pros	Cons
Multiple tradable assets	Not regulated
MT5 platform offered	Lack of transparency
	Quite new in the industry

Is ActiveFX Markets Legit?

ActiveFX Markets boasts about being based in the UK and licensed by the Financial Conduct Authority (FCA). However, FCA alerts that traders should be aware of scams.

What Can I Trade on ActiveFX Markets?

Tradable Instruments	Supported
Currencies	✔
Stocks	✔
Indices	✔
Commodities	✔
Cryptos	❌
Energies	❌

Account Type

ActiveFX Markets offers two live account types, Micro and Super Premium accounts, with minimum deposit requirements of $100 and $5,000 respectively.

Leverage

The leverage of ActiveFX Markets is up to 500:1, which is higher than average brokers. But traders should know leverage can enhance returns, it also can increase losses.

Spreads

ActiveFX Markets spreads vary depending on account types, ranging from 0.3 pips on Super Premium account to 2.0 pips for Micro accounts.

Trading Platform

Trading Platform	Supported	Suitable for
ActiveFX Markets platform	✔	Experienced traders
MT5	✔	Experienced traders

Deposit and Withdrawal

Payment Options	Min. Deposit	Fees	Deposit Processing Time	Withdrawal Processing Time
Bank wire	$100	$25+	2-5 business days	5-10 business days
Skrill	$100	2%	1 hour	24 hours
Neteller	$100	2%	1 hour	24 hours
Crypto	$100	Fee depends on crypto	24 hours	24 hours

Customer Service

Contact Options	Details
Phone	❌
Email	support@activefxmarkets.com
Support Ticket System	❌
Online Chat	❌
Social Media	❌
Supported Language	❌
Website Language	❌
Physical Address	Kemp House, 160 City Road, London, EC1V 2NX

The Bottom Line

To sum up, ActiveFX Markets is not a good choice for trading. Traders first think about safety, while ActiveFX Markets is not regulated. In addition, it was founded in 2024, so it is a very new institution, which indicates lack of industry experience. Traders should keep cautious.