In this review we will tell you about TraderActive, one of the best online trading brokers specializing in low budget trading
TraderActive is part of the best trading brokersbut has created an isolated and exclusive preview based on its low fees, tight spreads, flexible account types and affordable cost.
Let’s first analyze all the advantages and disadvantages of TraderActive.
Trading some TraderActive financial assets, such as online stocks and other CFD products, with the exception of cryptocurrencies, is commission free and users can withdraw, deposit and trade completely free of charge.
TraderActive offers four types of trading accounts with different characteristics, fees, discounts and trading opportunities:
The beginner account has a $ 0 minimum deposit and commission free trading for all CFDs except cryptocurrencies.
Beginner account subscribers, however, cannot access TraderActive’s entire arsenal of CFDs and must limit themselves to tradable items.
PS: Beginner account tradable financial instruments are still 80% of TraderActive’s total trading volume.
The rest of the accounts have a average minimum deposit of over $ 50 and only the trading of stocks and some ETFs does not involve commissions in the three non-beginner accounts.
However, these accounts have special trading incentives.
Also deposits and withdrawals are free for all accounts, but TraderActive’s financial partners may apply individual withdrawal fees beyond the control of the trading broker.
TraderActive accounts for non-beginners also have tight spreads which are quite competitive compared to other brokers.
TraderActive has numerous trading platforms with web and mobile applications. TraderActive can trade on MT4 and MT5.
The trading platform offer:
TraderActive customer service is available to help traders to overcome any difficulty. Customer support can be contacted via email and phone calls.
TraderActive also uses live chat on its website.
While the name of the brokers is as cheap as possible, it would be suspicious to say that they don’t charge any fees. How else would they be in business?
TraderActive fees:
However, these expenses are usually minimal, depending on the trading strategy chosen by the traders.
This online trading site is suitable for:
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