The best online brokerages: ActivTrades vs. CyberTrader

ActivTrades Ltd is one of the world's leading online trading platforms for stocks, warrant, options and futures and directly interacts with the ECNs of each market. The company provides direct access brokerage on all prominent financial markets with the support of the most sophisticated, cutting-edge online trading platforms/solutions for traders and institutional investors. In addition, the company provides instant access for traders to the futures, forex and equities trading platforms of third party financial institutions located abroad. This easy, convenient and user-friendly system offers an extensive array of benefits to traders. This includes direct access to the market for active traders, straight execution of the order, position tracking, top-class professional support and technical service during all trading hours, low commissions as well as real-time quotes, charts, studies and news necessary for analysis and decision-making. The direct access trading platforms enables customers to trade stocks, options and futures on the leading US and European exchanges.

ActivTrades offers quick access to the U.S. listed stocks such as CME, CBOT, NYMEX, COMEX, LIFFE, EUREX, IDEM, NYSE, NASDAQ, Amex and OTC. ActivTrades provides customized execution program, enabling traders to affordably access the exchanges and margin requirement. The customers can place a variety of market orders at no extra charges and can even activate multi-currency accounts. All these services can be quickly accessed via the internet and are available 24 /7.

CyberTrader is a direct access broker created specially for active traders. CyberTrader, a Charles Schwab Company, provides exceptionally advanced order routing with market connectivity and unique client service. The company offers its clients an incredible array of choices in execution for equities, options, futures, markets along with numerous tools which display market direction and assist in risk management. CyberTrader trades stocks, options and futures from three entirely custom-designed trading platforms. Traders can select the platform on the basis of their requirements, skill level, and trading activity. The website also allows traders to demo the platforms as well as browse a series of online question and answers to help them choose the best trading platform.

The other major features offered by CyberTraderPro include streaming account management and market data, direct access trading, intelligent order routing, and basket trading of stocks. Moreover, it also allows traders to view options, Level II quotes and direct routing of options orders, live news, charts, and market indicators. CyberX2 also has charting and trading capabilities. However, it does not have the ability to route option orders to specific exchanges. Traders can choose from CyberTrader's web based browser trading platform or execute trade using wireless technology.

CyberTrader offers Premium and Basic data packages for traders. Free data access could be achieved if traders make a certain number of trades depending on the previous three months trading activity. Besides, CyberTrader offers certain interesting features such as multi-lingual services for English and non-English speaking traders as well as news from briefing.com, interactive java charts, training course, and real-time trader chat rooms and instant access to various risk management tools.

Nayanathara. S.

Hi-Tech Editorial Division