image ActivTrades VISIT ACTIVTRADES image XTB VISIT XTB image City Index VISIT CITY INDEX
About

ActivTrades is regulated by the Financial Conduct Authority. ActivTrades have provided Forex, Indices, Shares and Commodities trading services since 2001.

XTB is regulated by the Financial Conduct Authority. XTB have provided Forex, CFD, and social trading services since 2002.

City Index is regulated by the Financial Conduct Authority. City Index have provided Forex trading services since 1983.

Why choose them?
  • Yes Over 17 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority
  • Yes Over 16 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority, KNF, and CMB.
  • Yes Over 35 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority, ASIC and MAS
Headquarters 1 Thomas More Square London E1W 1YN UK Level 34, One Canada Square, Canary Wharf, E14 5AA, London, UK London, UK

TRADING SERVICES OFFERED

Spot Forex Yes Yes Yes
Forex (CFD) No Yes Yes
CFD No Yes Yes
Spread Betting No No Yes
Social Trading Yes Yes No
MARKETS & INSTRUMENTS
Forex (currency pairs) 47 48 84
Commodities Offered 12 21 26
Stocks Offered 532 1606 4500
Bitcoin No Yes Yes
Majors Yes Yes Yes
Indices Yes Yes Yes
US Stocks Yes Yes Yes
Penny stocks No Yes Yes
Energies Yes Yes Yes
Metals Yes Yes Yes
Agriculturals Yes Yes Yes
FTSE Yes No Yes
Dow Jones Yes No Yes
Dax Yes Yes Yes
Nikkei Yes Yes Yes
ETFs Yes Yes Yes
IPO Yes No No
See all instruments

71% of retail investor accounts lose money when trading CFDs with this provider

See all instruments

71% of retail investor accounts lose money when trading CFDs with this provider

See all instruments

71% of retail investor accounts lose money when trading CFDs with this provider

PLATFORM & FEATURES

See the platforms and features offered by each broker

Screenshot image image image
MT4 Yes Yes Yes
MT5 Yes No No
MT4 Mac No No No
WebTrader Yes Yes Yes
Mirror Trader No Yes No
ZuluTrade Yes No No
Sirix No No No
cTrader No No No
PAMM No No Yes
Custom Platforms Activ Trader Xstation5 AT Pro, Advantage Web

APPS

iOS image Yes Yes Yes
Android image Yes Yes Yes
Windows image Yes No Yes
Available Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

English, Spanish, German, Arabic, Polish, and Chinese

See platform & features

71% of retail investor accounts lose money when trading CFDs with this provider

See platform & features

79% of retail investor accounts lose money when trading CFDs with this provider.

See platform & features

72% of retail investor accounts lose money when trading CFDs with this provider

ACCOUNT INFORMATION

From micro accounts to ECN accounts, compare the accounts offered by ActivTrades and XTB

Demo account No Yes Yes
Mini account Yes Yes Yes
Micro account Yes Yes Yes
Standard account Yes Yes Yes
ECN Account No No No
Islamic account Yes Yes No
Zero spread account Yes No No
VIP account No Yes Yes
Fixed spreads No Yes Yes
Variable spreads Yes Yes Yes
See account options

71% of retail investor accounts lose money when trading CFDs with this provider

See account options

79% of retail investor accounts lose money when trading CFDs with this provider.

See account options

72% of retail investor accounts lose money when trading CFDs with this provider

TRADING CONDITIONS

Scalping Yes Yes No
Hedging Yes Yes Yes
Expert advisors (EAs) No Yes Yes
Virtual private server No No No
Direct market access No Yes No
STP broker Yes Yes Yes
Market maker Yes Yes Yes
Min trade 0.01 Lot 0.01 Lot 1 Lot
Max trade £100/point 100 Lot Varies
Min deposit $100 $1 $25

RISK MANAGEMENT

Stop losses Yes Yes Yes
Limit orders Yes Yes Yes
One-click trading Yes Yes Yes
Trailing stops Yes Yes Yes
Price alerts No Yes Yes
Signal trading No Yes Yes

FUNDING METHODS

Credit card Yes Yes Yes
Bank transfer Yes Yes Yes
Standard account Yes Yes Yes
Paypal No Yes No
Neteller Yes Yes No
Skrill No No No
Payment processing time Varies Varies 2-3 business days
Withdrawal processing time 1 business day Varies 2-3 business days
See all funding options

71% of retail investor accounts lose money when trading CFDs with this provider

See all funding options

79% of retail investor accounts lose money when trading CFDs with this provider.

See all funding options

72% of retail investor accounts lose money when trading CFDs with this provider

DETAILED INFO

Excluded countries US,IN,PK,BD,NG,ID,BE,NL US,IN,PK,BD,NG,ID,BE,NL US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW
Contact email Send Email Send Email Send Email
Phone number +44 (0) 207 6500 567 44 2036953085 0845 355 0801
Live Chat Yes Yes Yes
Website https://www.activtrades.com/en/ www.xtb.com www.cityindex.co.uk
Spreads:
EUR/USD (Average: 0.7 pips) 0.5 pips + $0.00 0.8 pips 0.5 pips
GBP/USD (Average: 1.1 pips) 0.8 pips + $0.00 0.1 pips 0.5 pips
USD/JPY (Average: 1.1 pips) 0.5 pips + $0.00 4.0 pips 1.6 pips
AUD/USD (Average: 0.8 pips) 0.6 pips + $0.00 4.6 pips 0.5 pips
USD/CHF (Average: 2.3 pips) 1.0 pips + $0.00 4.0 pips 1.6 pips
USD/CAD (Average: 2.9 pips) 1.0 pips + $0.00 4.6 pips 0.5 pips
NZD/USD (Average: 3.6 pips) 1.0 pips + $0.00 5.7 pips 2.3 pips
EUR/GBP (Average: 2.4 pips) 0.8 pips + $0.00 3.9 pips 0.5 pips
View all spreads

71% of retail investor accounts lose money when trading CFDs with this provider

View all spreads

79% of retail investor accounts lose money when trading CFDs with this provider.

View all spreads

72% of retail investor accounts lose money when trading CFDs with this provider

FEES

Inactivity Fee No Yes
Commission Yes Yes 0.0015
Deposit Fee Varies No Varies
Withdrawal Fee No No Varies
View All Fees

71% of retail investor accounts lose money when trading CFDs with this provider

View All Fees

79% of retail investor accounts lose money when trading CFDs with this provider.

View All Fees

72% of retail investor accounts lose money when trading CFDs with this provider

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Last update

All information collected from https://www.activtrades.com/en/. Last updated on 01/07/2019.

All information collected from www.xtb.com. Last updated on 01/07/2019.

All information collected from www.cityindex.co.uk. Last updated on 01/07/2019.

Company

ActivTrades was found in 2001 as a small brokerage house in Switzerland, it has since grown to be a global award-winning broker for both retail and institutional traders. ActivTrades has seen rapid growth through with their focus on client satisfaction by providing the best trading technology including the latest MetaTrader 5, innovative trading tools like Autochartist and VPS hosting , outstanding customer service and competitive pricing with pips starting as low as 0.8 for EURUSD.

Since 2005, ActivTrades has made the financial capital of the world - London its headquarters and is regulated by the Financial Conduct of Authority in the UK. ActivTrades offer a wide range of popular products for traders including spread betting, CFDs and Forex trading. ActivTrades also offer their clients an unrivalled loyalty program - ActivTrades Rewards.

Trader training is another top priority at ActivTrades and they offer a customised and unique personal approach to their traders and offer one on one training sessions as part of their educational programs. They also offer Balance Protection policy to guarantee you will never lose more than your deposit and as an added protection, your account will automatically be credited to zero if it goes into the negative. With all the superior training, protection policies, low spreads and the latest trading technology, ActivTrades are a superior choice for traders.

XTB provides hyper fast execution and facilitates seminars with external professional traders, providing personalised education depending on your individual circumstances.

XTB operates with two factors in mind; to provide traders with the fastest execution speeds and to be the most transparent broker on the market, which is reflected by the services and products they provide.

XTB also have a dedicated education area - the Trading Academy - which contains material to help you become a better trader, including video tutorials, trading courses, articles and much more to improve your skills at every step of your trading journey.

If you are looking for a broker that is regulated by the Financial Conduct Authority and focuses on transparency, fast execution speeds and customer service, XTB is a great option.

For more information about trading with XTB, we have put together an in-depth XTB review covering the pros and cons of this broker.

Since establishing themselves as one of the first spread betting providers in the UK. , City Index have grown to a global company in over 50 countries completing over two million trades every month. City Index provide some of the most competitive spreads across thousands of markets including indices, shares, currencies, commodities and many more.

City Index have continued to innovate and were the first to provide a downloadable Android and iPhone app for spread betting and CFD trading and with over 30 years experience in the industry, you know you can trust Cityindex to handle your trades.

For more information about trading with City Index, we have put together an indepth City Index review with some of the pros and cons about this broker.

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ActivTrades or XTB?

Who is a wide range of instruments?

If you want a broker with a large range of instruments available to trade, XTB may be more suitable. ActivTrades and XTB offer similar trading methods.

Which broker is more reliable?

You can determine a broker’s reliability & trustworthiness by looking at eight factors:

  • Who are they regulated by?
  • How long have they been around for?
  • Do they hold your money in a separate bank account?
  • Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?
  • Have they been fined or penalised in the last five years?
  • The popularity of their service/website
  • Are they publicly listed?
  • Where are they located?

Based on these eight factors, we consider ActivTrades and XTB to be equally reliable. We’ve broken down why below:

Who are they regulated by?

ActivTrades and XTB are both regulated by Financial Conduct Authority

As the Financial Conduct Authority are one of the most stringent regulators in the world, both ActivTrades and XTB will have very strict guidelines to follow to ensure they protect their retail trader clients.

City Index are also regulated by the Financial Conduct Authority.

How long have they been around for?

If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).

This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.

ActivTrades has been around for 18 years, while XTB have been around for 17 years. Our third alternative broker, City Index, have been around for 36 years.

Do they hold your money in a separate bank account?

You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?

Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.

All three brokers above will hold your money in a separate bank account.

Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?

Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.

Both ActivTrades and XTB use tier one banks, but we are not sure of which bank specifically.

Have they been fined or penalised in the last five years?

If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.

We’re not aware of any penalties or fines imposed by regulators on ActivTrades or XTB in the past five years.

How popular is their service/website?

While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.

XTB is more popular with over 20,000 traders.

Are they publicly listed?

Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.

Both ActivTrades and XTB are privately owned companies.

Where are they located?

Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.

ActivTrades are based in 1 Thomas More Square London E1W 1YN UK, while XTB are based in Level 34, One Canada Square, Canary Wharf, E14 5AA, London, UK .

Do they offer the features you need?

Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.

This can be broken down into three categories:

  • Services & instruments
  • Platforms & account types
  • Trading features, risk management tools & funding methods

Services and Instruments

If you’re looking to trade currency pairs, both ActivTrades and XTB offer forex trading. XTB have a slightly larger variety of currency pairs with 48 pairs, compared to 47 offered by ActivTrades. Also, if you’re looking to trade cryptocurrencies, XTB offers a handful of cryptocurrency CFDs to trade, including Bitcoin, Ethereum and Ripple.

Both ActivTrades and XTB allow you to trade commodities like gold, silver and crude oil.

ActivTrades and XTB both offer social trading, which is a modern approach to trading that allows you to follow like-minded traders, copy their trading activity, and engage in discussion around trading strategies.

Platforms & Account Types

If you trade forex, there’s a good chance you might want a broker that offers the popular MT4 trading platform. If that’s the case, both ActivTrades and XTB offer this. ActivTrades also offer the new & improved MT5 platform. Our alternative broker, City Index, also offers MT4 and MT5.

In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. XTB, for example, offer a mini account, standard account and VIP account.

For Muslim traders, ActivTrades offers an Islamic account, which doesn’t accrue interest or incur/receive rollover swap points, as this is prohibited in Shariah law. You can learn more & compare Islamic trading accounts head-to-head here.

Trading features, risk management tools & funding methods

If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.

ActivTrades does allow scalping and hedging. While XTB also allows scalping and hedging. You can't trade with EAs (expert advisors) on ActivTrades but you can trade EAs (expert advisors) with XTB.

In terms of risk management tools, both brokers offer negative balance protection to prevent you owing your broker more than you’ve deposited.

ActivTrades also offer stop losses and limit orders to help you automate aspects of your trading strategy.

ActivTrades accept Neteller while XTB accept Paypal.

Are they affordable for what you need?

Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.

For trading EUR/USD, ActivTrades charges 0.50 points, while XTB charges 0.20 points. Therefore, XTB is the more affordable for this instrument. If you want to compare their spreads across more instruments, You can jump back up to our comparison of their currency pair & indice spreads above.

Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.

The Verdict: ActivTrades or XTB?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, XTB is more reliable based on our criteria above. ActivTrades has a wider range of instruments to trade. XTB offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.

Most brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:

Finally, if you’re really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable broker based on your precise requirements here.

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.