ActivoTrade

ActivoTrade is a Spanish securities firm headquartered at Calle Caleruega 102, 7th floor, 28033 Madrid. Founded on 8 July 2020, the broker positions itself as a long-established player, claiming 15 years of market leadership on its website. It focuses on providing investment services in equities, futures, and options to retail and corporate clients, with a strong emphasis on transparency and personal support.

ActivoTrade is regulated by the Comisión Nacional del Mercado de Valores (CNMV) under a Market Making license (MM), with a 'Regulated' status in Spain. This places the broker under the oversight of Spain's primary securities market regulator, which sets standards for conduct, capital adequacy, and client asset protection. The CNMV authorisation is a significant factor for traders seeking a regulated environment within the European Union.

The broker provides detailed legal documentation on its website, including contracts for administration and custody, order reception and transmission, and policies on conflicts of interest, best execution, and asset safeguarding. This commitment to publishing legal documents aligns with regulatory requirements and offers clients transparency.

ActivoTrade offers four account tiers: Basic, Standard, Trader, and Active. Each tier has distinct fee structures for equities, futures, and options. For Spanish equities, the Basic account charges 0.12% nominal (min 12 EUR), Standard 0.1% (min 12 EUR), and both Trader and Active 0.08% (min 8 EUR).

For US equities, fees vary per share or nominal amount with minimums. Futures and options are charged per contract, with fees decreasing for active tiers. Custody fees are 0.01% on average monthly cash, applied daily and charged monthly, with VAT applicable.

There is no account opening fee.

The tiered structure allows clients to choose based on trading volume and frequency. ActivoTrade also mentions commissions on currency conversion when trading instruments in different currencies, which is typical for multi-currency accounts.

ActivoTrade provides access to Spanish and US equities, as well as futures and options on both European and US exchanges. The tariff page lists specific categories: Acciones España, Acciones EEUU (under and over $20), Futuros EUR and USD, and options on these futures and on US stocks. This suggests a focus on major Western markets. The broker also mentions American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) with third-party fees.

The product range is typical of a traditional stockbroker offering direct market access rather than leveraged derivatives. There is no indication of forex trading, CFDs, or cryptocurrencies on the website, which aligns with the broker's classification as a stockbroker rather than a retail forex/CFD broker.

The broker promotes its platform as intuitive and user-friendly, accessible via both mobile and desktop. It highlights that clients can manage investments with full transparency from a single screen. ActivoTrade also offers a guided service called ActivoStart for less experienced investors, indicating a tiered service model. The website allows potential clients to open an account in minutes online, with electronic signature.

Customer support is available through multiple channels: WhatsApp, phone (+34 919 012 319), email, and an online contact form. The broker's office is in Madrid, and it provides a personal advisory service. This multi-channel support is aimed at building trust and accessibility.

ActivoTrade targets both individual and corporate clients, as indicated by a question on the homepage: 'Are you an individual or do you represent a company?' The website offers questionnaires to tailor the experience based on experience level (debutante, intermediate, professional) and familiarity with products (none, shares, all). This suggests a broad appeal from beginners to advanced investors.

The broker's emphasis on clarity, security, and human support positions it as a suitable choice for Spanish and possibly European investors seeking a regulated, full-service stockbroker for long-term investing in equities and derivatives. Its CNMV regulation adds credibility for conservative traders.