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Do I see any cons when using ActivTrades, especially related to its services or safety?

Broker Issues
FXDD
Regulation
01-03
United States
WikiFX
Reply

Risk first—identifying cons early helps avoid costly mistakes, so I’ll be transparent about issues I’ve noticed or researched. Yes, there are notable cons when using ActivTrades. First, regulatory inconsistencies: while it has a strong FCA regulation (License 434413), its DFSA license is revoked, and the SCB offshore regulation is less protective—this creates uncertainty, especially if you’re unsure which regulatory arm your account falls under. Second, withdrawal challenges: multiple negative comments mention difficulty in withdrawing funds, which is a critical issue for any trader—your profits or remaining capital should be accessible when you need them, and delays or hurdles here are a major red flag. Third, lack of transparency on key details: activtrades minimum deposit (how much you need to start) is unknown, fee information (spreads, commissions, withdrawal fees) is unspecific, and activtrades leverage details are missing—without these, you can’t accurately plan your trading budget or costs. Fourth, limited asset coverage: while it offers over 1000 instruments, it doesn’t support Precious Metals, Forex (a potential conflict with “Currencies” being listed—needs verification), Stocks (likely a duplicate but unclear), or Mutual Funds, which limits diversification for traders focused on those assets. From my experience testing the activtrades demo account, the platform (MT4/MT5) works well, but the lack of clarity on practical details like deposits and fees made me hesitant to switch to a live account. It’s important to note these cons aren’t dealbreakers for everyone, but they do add risk—always confirm missing details with support before committing. This covers activtrades review (highlighting cons) and activtrades broker (evaluating service gaps).

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