Daniels Trading or ActivTrades – which is better for UK traders 2024? Compare Daniels Trading and ActivTrades in this detailed breakdown of their platforms, features and fees.
Daniels Trading vs ActivTrades Comparison Table 2024
Daniels Trading was established in 1995 by renowned commodities trader, Andy Daniels, and is a division of the StoneX Group. The broker specializes in personalised futures trading, with access to 36 derivatives exchanges and 175 foreign exchange markets, among others.
ActivTrades is a UK-headquartered CFD and forex broker established in 2001. The award-winning brokerage has secured licenses from trusted bodies, notably the UK’s FCA, and facilitates trading on over 1000 instruments spanning 7 asset classes, with over 93.60% of orders are executed at the requested price.
Pros
A wide range of account types supports both hands-on and hands-off trading strategies and I like that the broker offers comprehensive advice, automation and management services for both
Experienced investors should be pleased that leverage rates can be negotiated on an individual basis, ensuring that strategies can be optimised without taking on excessive risk
I'm impressed with the variety of exotic futures products at Daniels Trading, including rare soft commodities and interest rate futures
The broker is authorised and regulated by the Commodity Futures Trading Commission (CFTC), a respected US regulator
The usability and client focus of the proprietary DT Pro trading platform is also a major advantage for me
ActivTrades offers tight spreads, particularly for forex trading with spreads starting from 0.5 pips on major currency pairs without additional commissions. The €/£10 inactivity fee doesn’t kick in for 52 weeks either, so it doesn’t penalize active traders.
Although cTrader isn’t supported, MT4, MT5, TradingView and the broker’s ActivTrader cater to diverse trading needs, with the firm’s web-accessible platform hitting the mark for beginners during testing with a slick look and feel.
ActivTrades is highly trusted, boasting 20+ years in the industry, authorization from 3 ‘green tier’ bodies under DayTrading.com’s Regulation & Trust Rating, and it goes the extra mile for UK traders with £1M in investor compensation (exceeding the £85K through the FSCS) in the event of brokerage insolvency.
ActivTrades provides fast, dependable and multilingual support based on our tests of its live chat, email, and phone assistance, making it excellent for active traders and beginners.
With execution speeds averaging just 4ms, an order fulfilment rate of 93.6%, and no restrictions on short-term strategies, ActivTrades offers an excellent environment for fast-paced strategies like trading.
Cons
Almost all withdrawals are subject to a fee of at least $25 per request, which is relatively high compared to other brands
Daniels Trading is not really designed for beginners, with reasonably high fees and a minimum deposit of $2,000
I would prefer to see a greater range of asset types from the firm, not just futures products
There are no copy trading or social trading features, which is a drawback for traders seeking passive investment opportunities or the ability to mimic the trades of more experienced traders, especially compared to eToro and Vantage.
There's a varied selection of 1000+ markets, such as forex, commodities, indices, and ETFs, but the range of asset classes overall is limited, notably there are zero stocks outside the US, UK and Europe, while BlackBull offers a superior 26,000+ markets.
Its research tools are good but not great, with a growing ‘Analysis’ hub but no Trading Central or Autochartist for advanced technical summaries which could help aspiring traders identify opportunities in fast-moving markets.
ActivTrades still has some way to go to match firms like XTB and CMC Markets in the education department, with some well-presented, informative webinars but limited courses and quizzes for a more comprehensive and engaging learning journey.
Awards
Safest Global Broker 2023 - International Investor Magazine
Best Online Trading Services 2023 - ADVFN International Financial Awards
Best Forex Broker Europe 2022 - Forex-Awards.com
Most Trusted Global FX Broker 2022 - International Investor Magazine
Best CFD Broker 2021 - Rankia
Safest Global Broker 2021 - International Investor Award Winners
ActivTrades provides a choice of mobile apps for iOS and Android devices. The proprietary ActivTrader app and support for MT4, MT5, and TradingView give access to real-time market data, advanced charting tools, and customizable trading features. All four apps let you trade and manage you accounts intuitively, but ActivTrades boasts the most seamless trading experience, combining the broker’s ultra-fast execution speeds with dynamic charting and research tools.
iOS App Rating
4.9
Android App Rating
3.8
Margin Trading
No
Yes
MetaTrader 4
No
Yes
MetaTrader 5
No
Yes
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
Yes
Autochartist
No
No
eSignal
Yes
No
Trading Central
No
No
STP Account
No
Yes
ECN Account
No
No
DMA Account
No
No
MAM Account
No
No
PAMM Account
No
No
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
No
Yes
Market Maker
No
Yes
P2P Trading
No
No
Spot Trading
No
No
Auto Trading
Yes
Yes (APIs), Expert Advisors (EAs) on MetaTrader
Copy Trading
No
No
Social Trading
No
No
Trade Signals
Yes
Yes
VPS Hosting
No
No
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
€/£10
Islamic Account
No
Yes
Account Currencies
USD
EUR
GBP
CHF
Commodities
Gold
Silver
Natural Gas
Soybeans
Gold
Oil
Natural Gas
Wheat
Copper
Cocoa
Coffee
Corn
Orange Juice
Palladium
Platinum
Silver
Soybeans
Sugar
CFD
Start trading online leveraged CFDs on the financial markets.
ActivTrades specializes in CFD trading, offering over 1000 instruments spanning currencies, shares, indices, commodities, and more. The broker has picked up industry awards for its CFD trading environment, delivering fast and reliable order execution with transparent margin requirements for traders.
Leverage
1:30 (UK and EU), 1:400 (Global & Pro)
FTSE Spread
Floating
0.6
GBPUSD Spread<
Floating
0.8
Oil Spread
Floating
0.03
Stocks Spread
Floating
Variable
Forex
My tests found that you can use either of the intuitive proprietary charting platforms at Daniels Trading to analyse and speculate upon 14 currency futures products, alongside several more e-mini futures.
ActivTrades offers its lowest fees in the forex department, with excellent spreads on majors like the EUR/USD from 0.5 pips and zero commissions, keeping pricing simple. Improvements to the ActivTrades platform, alongside access to the industry-leading MetaTrader 4, also give traders the tools they need to navigate the FX market confidently.
Assets
14
50+
GBPUSD Spread
Floating
0.8
EURUSD Spread
Floating
0.5
EURGBP Spread
Floating
0.8
Currency Indices
USD
Cryptocurrency
Trade 15+ of the most know cryptos, including Bitcoin and Ethereum. Digital currencies can be traded around the clock with no hidden fees. 1:10 leverage is also available on major tokens like BTC.
