ActiveFX Markets Forex Broker

ActiveFX Markets is an offshore broker. It provides multiple trading assets, like currencies, stocks, indices and commodities. Traders can trade on its own platform or popular trading platform MT5. However, it is not regulated by FCA or any other financial authorities.Pros and Cons Pros Cons Multiple tradable assetsNot regulated MT5 platform offeredLack of transparency Quite new in the industryIs ActiveFX Markets Legit? ActiveFX Markets boasts about being based in the UK and licensed by the Financial Conduct Authority (FCA). However, FCA alerts that traders should be aware of scams.What Can I Trade on ActiveFX Markets? Tradable Instruments Supported Currencies✔ Stocks✔ Indices✔ Commodities✔ Cryptos❌ Energies❌Account Type ActiveFX Markets offers two live account types, Micro and Super Premium accounts, with minimum deposit requirements of $100 and $5,000 respectively.Leverage The leverage of ActiveFX Markets is up to 500:1, which is higher than average brokers. But traders should know leverage can enhance returns, it also can increase losses.Spreads ActiveFX Markets spreads vary depending on account types, ranging from 0.3 pips on Super Premium account to 2.0 pips for Micro accounts.Trading Platform Trading PlatformSupported Suitable for ActiveFX Markets platform✔Experienced traders MT5✔Deposit and Withdrawal Payment Options Min. DepositFees Deposit Processing Time Withdrawal Processing Time Bank wire$100$25+2-5 business days5-10 business days Skrill$1002%1 hour24 hours Neteller$1002%1 hour24 hours Crypto$100Fee depends on crypto24 hours24 hoursCustomer Service Contact Options Details Phone ❌ Email support@activefxmarkets.com Support Ticket System ❌ Online Chat ❌ Social Media ❌ Supported Language ❌ Website Language ❌ Physical Address Kemp House, 160 City Road, London, EC1V 2NXThe Bottom Line To sum up, ActiveFX Markets is not a good choice for trading. Traders first think about safety, while ActiveFX Markets is not regulated. In addition, it was founded in 2024, so it is a very new institution, which indicates lack of industry experience. Traders should keep cautious.FAQs Is ActiveFX Markets safe? No, it is not regulated by FCA or other financial authorities. Is ActiveFX Markets good for beginners? No, the absence of regulation and details of information can take many risks for beginners. Is ActiveFX Markets good for day trading? No. The fees for withdrawal are very high.