activtrades
Westpac
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Overview
activtrades was founded in 2011 and is headquartered in United States, while Westpac was established in 2008 and is based in Austrailia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. activtrades serves 12,000,000+ clients worldwide; Westpac has 10,000+. The minimum deposit is $250 at activtrades and $50 at Westpac.
| Feature | activtrades | Westpac |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | Financial 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-F218 | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) |
| Founded | 2011 | 2008 |
| Country | United States | Austrailia |
| Clients | 12,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between activtrades and Westpac, directly affecting your bottom line as a trader. activtrades has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Westpac). activtrades charges withdrawal fees while Westpac does not, a notable advantage for frequent withdrawers. activtrades applies inactivity fees on dormant accounts; Westpac does not. activtrades charges deposit fees; Westpac does not. Overall, Westpac scores higher on fees in our assessment.
| Feature | activtrades | Westpac |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
activtrades offers MT4, MT5, cTrader, while Westpac supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | activtrades | Westpac |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Desktop,Mac,iPhone,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how activtrades and Westpac compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | activtrades | Westpac |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
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 Westpac 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.
| Feature | activtrades | Westpac |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both activtrades and Westpac offer live chat support. Both provide phone support. Email support is available at both brokers. activtrades supports 8 languages and Westpac supports 2, giving activtrades broader global reach. Both brokers are comparable on support quality.
| Feature | activtrades | Westpac |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |