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FXActiv

Dominica|2-5 years|
Suspicious Scope of Business|High potential risk|

https://fxactiv.io/

Website

Rating Index

Contact

+44-203-670-09-95
compliance.ru@fxactiv.io
https://fxactiv.io/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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1G

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Contact number

English

+44-203-670-09-95

Russian

+7-495-032-53-95

Broker Information

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Company Name

FXActiv

Company Abbreviation

FXActiv

Platform registered country and region

Dominica

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FXActiv · WikiFX Survey

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FXActiv · Company Summary

General Information

FXActiv presents itself as a Dominica-based industry leading broker that provides its clients with a reliable and technologically oriented platform and different kinds of trading assets like forex pairs, indices, shares, commodities and cryptocurrencies. It also hypes that it offers up to 100:1 leverage, over low spreads and a choice of six account types.

Market Instruments

FXActiv advertises that it offers various trading instruments, including cryptocurrencies, CFDs on indices and shares, commodities and 120+ forex pairs.

Account Types

There are six trading accounts offered by FXActiv, namely Starting, Basic, Trader, Professional, Profit Maker and VIP. The minimum initial deposit to start a Starting account is $250, while the other five accounts require much higher initial capital, $2,500, $5,000, $10,000, $25,000, and $50,000 respectively.

Leverage

In terms of trading leverage, the maximum level offered by FXActiv is quite generous, up to 100:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are significantly affected by what type of accounts you are holding. The spread in the Starting accounts starts from 0.4 pips, the Basic account from 0.3 pips, and the Trader account from 0.2 pips. No specific information about commissions is involved directly on the website.

Trading Platform Available

When it comes to trading platforms available,FXActiv promises two trading platforms but actually delivers only one, MetaTrader4. However, the MT4 came with servers belonging to a totally different company and it turns out that clients of FXActiv cannot use the MT4 in its name. If you were to trade with the MT4 then you would be trading with a different broker.

Deposit & Withdrawal

FXActiv offers some deposit and withdrawal options: wire transfers and credit/debit cards like VISA and MasterCard. It is important to note that withdrawal time is generally between 4 to 7 days.

Customer Support

FXActivs customer support can be reached through telephone: +442036700995, email: support@fxactiv.io.

User Reviews

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Comments

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Nguyễn Linh
more than one year
My experience with FXActiv has been mixed. On one hand, I appreciate the variety of instruments available for trading and the competitive pricing. However, I have had some technical difficulties with the platform and have found the customer service to be unresponsive at times. Overall, I would recommend this company with some caution.
2023-03-23 10:00
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0
0
FX1104839593
more than one year
The company FXActiv's leverage is too low. This leverage appears to belong to a heavily regulated broker, but ironically it does not have any regulatory license.
2022-12-08 10:44
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0
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