IFX Brokers vs ActivTrades

forex markets

Overall Comparison

FEATURE

IFX Brokers

ActivTrades

General comparison

4/5

4/5

Regulation

5/5

5/5

Spreads and fees

4/5

4/5

Trading Platforms

4/5

4/5

Trading Apps

4/5

4/5

Analytical Tools

4/5

4/5

Educational Resources

5/5

4/5

Trust Score

93

90

Best in class

x

 

Regulation Comparison

FEATURE

IFX Brokers

ActivTrades

Trust score

93

90

Year Founded

2018

2001

Publically Traded

No

No

Licensed in South Africa

Yes

No

Assets Comparison

FEATURE

IFX Brokers

ActivTrades

Forex

Yes

Yes

CFDs

Yes

Yes

Number of Forex pairs

60

50+

US Stock Trading

No

No

International Stock Trading

No

No

Cryptocurrency CFDs

Yes

Yes

Fees Comparison

FEATURE

IFX Brokers

ActivTrades

Average Spread for EUR/USD

0.2 pips

0.9 pips

Commissions Charged

Yes

No

ECN Execution

Yes

Yes

Market Maker Execution

No

Yes

Deposit Options Comparison

FEATURE

IFX Brokers

ActivTrades

Deposit fees

No

No

Bank wire

Yes

Yes

MasterCard

Yes

Yes

PayPal

No

Yes

Skrill

Yes

Yes

Minimum Deposit

$100

$10

Trading Platforms Comparison

FEATURE

IFX Brokers

ActivTrades

Desktop Platform

Yes

Yes

Mobile App

Yes

Yes

Social Trading

Yes

No

MetaTrader 4

Yes

Yes

MetaTrader 5

Yes

Yes

cTrader

No

No

DupliTrade

No

No

ZuluTrade

No

No

Proprietary Platform

No

Yes

Analytical Tools Comparison

FEATURE

IFX Brokers

ActivTrades

Economic Calendar

Yes

Yes

Social Sentiment

Yes

No

Trading Central

No

No

AutoChartist

No

No

Forex News Sources

Yes

Yes

Daily Market Commentary

Yes

Yes

Educational Resources Comparison

FEATURE

IFX Brokers

ActivTrades

Offers education

Yes

Yes

Webinars

Yes

Yes

Beginner training videos

Yes

Yes

Advanced training videos

Yes

Yes

Glossary

No

No

Majors Offered

FEATURE

IFX Brokers

ActivTrades

GBP/USD

Yes

Yes

USD/JPY

Yes

Yes

EUR/USD

Yes

Yes

USD/CHF

Yes

Yes

USD/CAD

Yes

Yes

NZD/USD

Yes

Yes

AUD/USD

Yes

Yes

IFX Brokers vs. ActivTrades

We devoted several hours to a comprehensive analysis of the top Forex brokers for 2024. This article compares IFX Brokers and ActivTrades.

 

Which offers better pricing – IFX Brokers or ActivTrades?

IFX Brokers provides a highly competitive spread of 0.2 pips for the EUR/USD currency pair. ActivTrades offers a spread of 0.0 pips, which is very competitive.

IFX Brokers charge commission which apply on certain accounts. ActivTrades does not charge any commission on any of the live two account types it offers.

 

Which broker offers more security when trading Forex and CFDs?

IFX Brokers is a South African broker that is full regulated by the Financial Sector Conduct Authority (FSCA). This is the primary financial regulator in the country, allowing traders with IFX Brokers to enjoy a high level of deposit security and fully transparent trading conditions.

ActivTrades was originally established in Switzerland but moved its headquarters to London in the UK. As such it is authorized and regulated under Financial Conduct Authority (FCA) and is a member of the Financial Services Compensation Scheme. Moreover, the broker serves an office in Dubai and holds an additional offshore regulation in the Bahamas. Thus it is also regulated by the CSSF in Luxemburg and SCB in the Bahamas.

  

Which broker offers the superior trading platform?

IFX Brokers gives users access to MT4 and MT5, comprising the whole MetaQuotes suite. These are regarded as the most well-liked and varied trading platforms in the market, and they provide social trading, a plethora of indicators, and strong charting tools.

ActivTrades also offers trading on MT4 and MT5 as well as on the in-house ActivTrader. ActivTrader is a user-friendly platform that combines advanced features with industry-leading technology, perfect for beginning your trading career. The platform is compatible with major web browsers, excluding Internet Explorer.

 

Do these brokers both offer MetaTrader?

Yes, both IFX Brokers and ActivTrades offers trading on MT4 and MT5.

 

How many Forex pairs can I expect from these brokers?

IFX Brokers offers trading in about 60 forex pairs, where ActivTrades offers trading in 50+ forex pairs.

Is it safe to trade with IFX Brokers?

Yes. The main regulatory authority in South Africa is the Financial Sector Conduct Authority (FSCA). They are in charge of overseeing IFX Brokers, ensuring that traders have access to transparent markets and a fair Ombudsman in the event that they run into any problems.

 

Is it safe to trade with ActivTrades?

ActivTrades was founded in Switzerland in 2001 and moved its headquarters to London in 2005. Since then it has opened various offices all over Europe and Asia.

ActivTrades is a subsidiary of ActivTrades PLC, which is authorized and regulated by the UK Financial Conduct Authority (FCA). The global brokerage also holds a license with the Securities Commission of the Bahamas (SCB). In addition, since it opened offices in Luxemburg in 2020 it is also regulated by The Commission de Surveillance du Secteur Financier (CSSF).

In addition, to ensure advanced trading safety, ActivTrades provides protection from a negative account balance, storage of the funds in segregated accounts, and additional insurance to up to $1,000,000.

Although it accepts clients from South Africa, it does not have offices in South Africa and is not regulated by FSCA.

 

Who is IFX Brokers?

The South African foreign exchange broker, IFX Brokers is subject to the oversight of the Financial Sector Conduct Authority. The ability of any broker firm to continue operating is significantly impacted by the various regulations and limits they must adhere to. Because businesses have legal safeguards in place, there is less of a chance that they will become victims of fraud or other financial misdeeds.

IFX Brokers give its customers access to the MetaTrader 4 and MetaTrader 5 platforms, which are considered to be two of the most widely used and well-known platforms in the foreign exchange market. This is done in order to facilitate the speedy completion of foreign currency transactions.

These systems give its users access to an extensive variety of charting capabilities, a user-friendly interface that is able to handle many chart layouts and is available in two languages, and efficient order administration software.

MetaTrader versions 4 and 5 can not only be used on personal computers, but they are also compatible with mobile devices that run the iOS and Android operating systems and do not require the installation of any additional software.

The clients of IFX Brokers have access to an incredibly wide variety of trading alternatives and financial marketplaces to trade in. Products such as spot metals, energy, commodities, contracts for difference, stock indices, foreign currency, and virtual currencies are included in this category.

In addition to providing access to sixty different currency pairings, IFX brokers provide its customers with the opportunity to trade in natural gas, oil, and precious metals such as gold, silver, platinum, and palladium.

The lowest amount of money that must be deposited into a regular account is $100, and the smallest possible trade size is one hundredth of a lot. The U.S. dollar, the euro, and the South African rand are the primary currencies that can be used with this account.

In addition, the organization provides a demo account for potential customers to test out.

Customers of IFX brokers have access to a variety of easy methods, such as Pay Quick, Visa, and MasterCard credit cards, for depositing funds into and withdrawing funds from their accounts.

The fact that there are no costs associated with either deposits or withdrawals is the best aspect. Customers who are located in South Africa normally need between two and five hours to finish the withdrawal process.

On the other hand, it is common practice for businesses serving foreign customers to require a period of four or five working days to finish the withdrawal process.

 

Who is ActivTrades?

ActivTrades was founded in 2001 in Switzerland. It has spread its wings to trade all over Europe, Asia, Africa and Australia and hold offices in many of the countries in these jurisdictions.

ActivTrades moved its headquarters to London in 2005 and is strictly authorized and regulated by the UK Financial Conduct Authority (FCA). The global brokerage also holds a license with the Securities Commission of the Bahamas (SCB) and the CSSF in Luxemburg.

ActivTrades is a financial broker offering forex and CFD trading plus spread betting on the popular MetaTrader 4, MetaTrader 5 and its own ActivTrader platform. Clients have the option to trade in, shares, indices, bonds, commodities, cryptocurrencies and forex. It also provides ETFs and spread betting.

ActivTrades offers competitive forex spreads as low as 0.5 pips on the EUR/USD and USD/JPY and 0.8 pips on the GBP/USD. The broker charges no commission on forex trades.

Clients only have the option of three live account types, namely an Individual Account, Professional Account and an Islamic Account.

Potential traders can receive all the training required by ActivTrades to get ready for the markets and dangers involved. A team of professionals offers individualized online training, walking clients through the process of managing their accounts, using SmartTools, and fully comprehending and utilizing the platforms and financial products.

The company also provides free Webinars with a professional trader and educator to help both beginners and seasoned traders improve their analytical abilities. These webinars also include instructional videos.

ActivTrades offers many trading tools, timelines, financials, and commodity spreads. News and Market Analysis provide technical insights and market commentary to prepare customers for their trading day. Manual trading, market analysis, risk appetites, and market structures employing Commodities, Indices, Stocks, and Currencies are also taught.