B
activtrades logo

activtrades

8.4/10
WellsTrade logo

WellsTrade

6.7/10
10/10WinnerRegulation6/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

activtrades was founded in 2011 and is headquartered in United States, while WellsTrade was established in 2008 and is based in United States. activtrades holds licences including Financial Conduct Authority (FCA), while WellsTrade is regulated by Unregulated among others. activtrades serves 12,000,000+ clients worldwide; WellsTrade has 10,000+. The minimum deposit is $250 at activtrades and $30 at WellsTrade.

activtrades wins this category
FeatureactivtradesWellsTrade
Min. Deposit$250$30
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F218Unregulated
Founded20112008
CountryUnited StatesUnited States
Clients12,000,000+10,000+

Fees

Fees are a critical factor when choosing between activtrades and WellsTrade, directly affecting your bottom line as a trader. activtrades has a lower barrier to entry with a minimum deposit of $250 (vs $30 at WellsTrade). activtrades charges withdrawal fees while WellsTrade does not, a notable advantage for frequent withdrawers. activtrades applies inactivity fees on dormant accounts; WellsTrade does not. activtrades charges deposit fees; WellsTrade does not. Overall, WellsTrade scores higher on fees in our assessment.

WellsTrade wins this category
FeatureactivtradesWellsTrade
Min. Deposit$250$30
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

activtrades offers MT4, MT5, cTrader, while WellsTrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. activtrades supports social and copy trading features, which WellsTrade does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureactivtradesWellsTrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsiPhone,Tablet,Mac,Android,WEB

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how activtrades and WellsTrade compare. activtrades runs regular live webinars; WellsTrade does not. activtrades has a video library; WellsTrade does not. activtrades publishes daily market commentary; WellsTrade does not. activtrades integrates third-party research tools (Trading Central, Autochartist); WellsTrade does not. activtrades maintains an archive of past webinars for on-demand viewing. activtrades scores higher overall in education and research.

activtrades wins this category
FeatureactivtradesWellsTrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. activtrades accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while WellsTrade supports 2 (bank transfer, credit/debit card). activtrades uniquely supports PayPal and Skrill and Neteller among the two brokers. activtrades scores higher on deposit and withdrawal flexibility.

activtrades wins this category
FeatureactivtradesWellsTrade
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both activtrades and WellsTrade offer live chat support. Both provide phone support. Email support is available at both brokers. activtrades supports 8 languages and WellsTrade supports 2, giving activtrades broader global reach. Both brokers are comparable on support quality.

Tied
FeatureactivtradesWellsTrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese