Act Trader — A Worthy Alternative To MetaTrader

Act Trader—What exactly is it, and what’s its function? This review takes an in-depth look at the platform, answering all the key questions you may have about this software. But first, let’s start with a quick summary:

What Is ActTrader?

Act Trader(formerly known as “ActForex”), is primarily a trading platform developed by a company called ActTrader Technologies. 

Though used interchangeably, a trading platform is different from a brokerage. The former is basically a software or online interface that traders use to place trades in the markets. On the other hand, the latter gives traders access to financial markets where traders can execute trades using software interfaces such as Act Trader and MetaTrader. 

Usually, brokerages are integrated with such software to enable traders to place trades successfully. Examples of brokerages that are integrated with ActTrader include Fxview, AAA FX, and Coinexx. 

Act Trader Features

1. Numerous trading tools including:

• MAT(Multi-account trading terminal).
• Strategy Runner for automated trading.
• One-click trading directly from charts.
• Conditional orders e.g. One-Cancels-the-Other(OCO), One-Triggers-the-Other(OTO), One-Triggers-a-One-Cancels-the-Other(OTOCO), and contingent orders. 
• Market depth view(trade from the order book). 
• Trade-through charts, watchlists, or order tickets.
• Social trading/mirroring capabilities (if enabled by the broker).

2. Several charting and technical analysis tools such as:

• Real-time market data and quotes.
• Custom indicators and strategy scripting.
• Multi-chart display with detachable charts.
• Tens of in-built technical indicators.
• A wide range of chart time frames from standard time frames and custom time frames to tick-by-tick charts. Standard time frames include: 1 Minute/M1, 5 Minutes/M5, 15 Minutes/M15, 30 Minutes/M30, 1 Hour/H1, 4 Hours/H4, 1 Day/D1, 1 Week/W1, and 1 Month/MN. Customer time frames include: 2 minutes/M2, 10 minutes/M10, and 3 hours/H3. NOTE: Custom time frames are only applicable if enabled by the broker. Tick-by-tick charts.
• Zoom and scroll for historical price analysis.
• Templates and save chart settings.
• At least 11 drawing tools including Trendlines, Horizontal & Vertical Lines, and Fibonacci Retracements.: Others include Gann tools, Elliott Wave tools, Channels, Text & Labels, Shapes, Arrows & Markers. The rest are Brush/Pencil and Measure tools. 

3. Numerous order types including; Stop Orders, Trailing Stops, Market Orders, Stop-Limit Orders, Limit Orders, and Time-in-Force instructions (such as IOC, GTC, and GTD).

4. Account monitoring and risk management.

5. Automation and numerous strategy tools.

6. Several broker and admin tools. 

7. Cross-platform and mobile access. 

8. Access and security control.

9. API access and integration tools. 

10. Reporting and statements tools.

Is Act Trader Legitimate or a Scam?

It’s a credible brand owned by the FINVASIA Group, which also owns several other well-known platforms, including:

• ZuluTrade – a popular social and copy trading platform.
  
• Capital Wallet – a trusted digital wallet and cryptocurrency payment gateway, registered in Australia under the legal name Capital Wallet PTY LTD.
  
• Fxview – a reliable trading platform licensed in multiple jurisdictions, including Cyprus and South Africa, and authorized in Denmark, Norway, and France.

Company Background

Act Trader Technologies Inc. is a financial software company founded in 2000, and known for developing the Act Trader online trading platforms.

The company operates as a subsidiary of the FINVASIA Group, a diversified financial services conglomerate that owns multiple well-regarded brands across the financial sector.

Act Trader Technologies Inc maintains corporate offices in both the United States and the United Kingdom. In the U.S., the address of this entity is at 30 Wall Street, 8th Floor, New York, 10005. In the U.K., its office is situated at 60a Station Road, London HA2 7SL.

According to third-party sources, the company’s founder and CEO is a guy named “Ilya Sorokin”. Sorokin is said to have played a key role in shaping the company’s strategic direction and product development over the years.

Which Countries Does ActTrader Support Clients From ?

Act Trader is accessible globally through various brokers even though its availability is not universal. The trading terminal’s accessibility depends on the individual brokerage firms that offer it. Some brokerages may restrict access to it in specific countries due to sanctions, internal compliance policies, or local regulations. 

Act Trader Cost

Unlike other trading platforms like MetaTrader, ActTrader is not a free trading platform. Instead, it’s offered to brokers at a fee. Brokers may then offer it to their clients either for free or at a cost. It’s difficult to give an exact figure for how much the software costs, as pricing varies based on brokers’ individual implementations and the services offered. For the most accurate and up-to-date pricing information, be sure to contact the company directly.

Act Trader(ActTrader) App

The ActTrader app is a complementary app developed in-house by ActTrader Technologies Inc. Tailored for both mobile and desktop users, it’s designed to accommodate the diverse needs of different users i.e. brokers, institutional clients, and individual traders.

Available on both Android and iOS, the app delivers reliable, seamless performance across devices. It also comes in web-based and downloadable desktop versions, offering the necessary flexibility. By the way, Act Trader iOS is very popular among mobile traders certainly because of the advanced encryption protocols that the mobile platform ensures. 

Since its original launch in the early 2000s, the ActTrader app has undergone several iterations, keeping pace with evolving user demands and market conditions. While the company does not publish detailed version histories publicly, app store records suggest it is regularly updated, with recent improvements focusing on speed, stability, and user experience.

1. The Act Trader App Offers Cross-Device Synchronization

A key strength of the app lies in its cross-device synchronization. Whether you’re switching between mobile and desktop or logging in from a different device, your trading data, preferences, and watchlists are seamlessly maintained. This makes it highly convenient for active traders who need access on the go.

2. Easy To Use

In terms of user interface, the ActTrader app is generally considered beginner-friendly, with a clean layout, customizable dashboards, and intuitive navigation. However, because the platform also supports complex trading functions, more advanced users will find deep analytical tools and flexible configurations to suit institutional-level strategies.

3. Algo Trading

Another standout feature is algorithmic trading. Through the Strategy Runner tool, traders can deploy automated strategies or even develop their own, similar to how Expert Advisors (EAs) function on MetaTrader platforms. This makes the ActTrader app suitable not just for manual traders but also for those who rely on quant-based strategies.

4. Security

When it comes to security, the app incorporates SSL encryption and adheres to standard safety protocols to protect user data and transactions. 

5. Reliability 

In terms of stability, the app is generally reliable, with few reports of crashes or downtime even during periods of high market volatility. That said, occasional connectivity issues have been mentioned in some user reviews, particularly when using mobile data.

Overall, the ActTrader app is best suited for intermediate to advanced traders and financial institutions, although its streamlined interface also makes it accessible to determined beginners willing to learn.

Compared to popular platforms like MT4/MT5, ActTrader holds its own, offering similar technical capabilities along with a more modern, visually dynamic interface.

However, MetaTrader still holds an edge in community support and broker adoption, meaning ActTrader is ideal for those specifically working with brokers or platforms that support its ecosystem.

Is Act Trader Suitable for Beginners?

It largely depends on the brokerage firm offering it. While the software features a user-friendly interface that allows new traders to navigate easily, the overall experience largely depends on how the broker integrates and supports the platform. Act Trader on its own is fairly easy to use, thanks to its user-friendly features such as one-click trading, intuitive charting tools, and trade automation options.

How Can You Contact ActTrader?

If you need to reach ActTrader for inquiries, technical support, or general assistance, there are several official contact methods available:

• Contact Form: You can easily fill out and submit the contact form on ActTrader’s official Contact Us page. This is a convenient option if you prefer not to email or call directly.

• Email: ActTrader’s official support email is info@ActTrader.com. You can send your inquiries here, and expect a response from their dedicated support team.

• Telephone: The company provides two dedicated phone numbers based on your location;
  

(i). For UK callers: +44 7388 644214.

(ii). For US callers: +1 347 560 0951.

ActTrader’s customer support team is available 24/5, meaning they’re ready to assist you 24 hours a day, five days a week. It ensures that inquiries are typically addressed promptly.

Note: All the contact details listed above were sourced directly from ActTrader’s official website, www.acttrader.com, or a page affiliated with the company. This guarantees that the information is accurate and reliable. 

If you ever have any doubts, it’s always a good idea to double-check these details on their official site to avoid any potential impersonators or scams.

Act Trader PROS

• A proprietary, fully-customizable trading platform, offering adaptable features.
• Comes with advanced charting and tools, providing traders with deeper market insights and better decision-making capabilities.
• Supports algorithmic trading, making it a suitable option also for users who rely on automated trading strategies. 
• Cross-platform accessibility, ensuring seamless trading across Android, iOS, web, and desktop.
• Beginner-friendly with a clean, intuitive user interface suitable for both new and experienced traders
• Regular updates and maintenance ensure a secure, reliable, and competitive trading experience.
• Institutional-grade liquidity integration, ensuring access to market liquidity pools, increased market stability, and better fill rates for large orders.

ActTrader CONS

• Limited broker adoption, limiting its reach.
• Some of its features are hard to learn, especially for complete beginners with no prior trading knowledge.
• Some users report bugs, lag, or login issues, especially on mobile.
• Not free.

Final Thoughts

ActTrader stands out as a powerful and versatile trading platform, offering a great alternative to MetaTrader and other trading terminals. 

This is all thanks to its advanced tools, algorithmic trading capabilities, and clean, intuitive interface. 

While its limited broker integration and occasional mobile bugs are drawbacks, its feature-rich environment makes it ideal for individual traders, regular brokerage firms, and institutional traders. 

The software’s ability to handle complex trading strategies, coupled with cross-device synchronization and regular updates, reinforces its reliability. 

If you’re trading with a broker that supports ActTrader, it’s definitely a worthy platform to explore, especially for those looking for an experience beyond what the typical MetaTrader, cTrader, and other mainstream trading terminals offer. 

Report a Scam

Have you fallen victim to an Act Trader impersonator? Go to this page, or email scamread@scamreader.info to report the scam and seek help.