Activ Trades - FSA regulated broker

Anyone having an experience with them? It seems that they are FSA regulated and also they offer different benefits:
- "Client's moneys are kept into a segregated client account. Furthermore, we are a member of the Financial Services Compensation Scheme which covers for 100% of the first ￡30,000 and 90% of the next ￡20,000, for a maximum compensation of ￡48,000. For further information You can contact the Scheme by calling their Helpline on +44 (0)207 892 7300, logging onto their website at www.fscs.org.uk or writing to the Financial Services Compensation Scheme, 7th Floor, Lloyds Chambers, 1 Portsoken Street, London E1 8BN." - the most important, I think.
- micro-lots trading;
- 2 pips spread on major pairs;
- MT4 trading platform.
Here's the link: http://activtrades.com/index.aspx?page=forex

They seem to be pretty OK, but I would like to know your opinions, and if anyone had any experience with them.

I´m with them for nearly one year and never had any problems !

To recommend !!

On demo, the execution times are great. How about for a real account?
Also, they told me that the withdraw time is usually 3 days. Can you confirm that? Thank you!

There´s no difference between demo and live. Execution time is great.
I live in germany and the withdraw time is 3 working days, that´s right.

Thank you! This is an encouraging information!

You´re welcome.
Let me know about your own live experience with them.

what's their net capital?

I am confused.. if Active trader is FSA regulated does it means the money is 100% secured by the FSa insurance?
But then the legal documents says the following

We may hold client money on your behalf outside the EEA. The legal and regulatory regime applying to any
such bank or person will be different from that of the United Kingdom and in the event of the insolvency or any
other analogous proceedings in relation to that bank or person, your money may be treated differently from the
treatment which would apply if the money was held with a bank in an account in the United Kingdom.

Hi,

Being regulated never mean that money is insured. FSA regulation means that the broker fills FSA regulation requirement. This regulation have some tight audit controls. But regulated company can crash like refco or crown forex. But this broker seem legit ( until further notice).

Even within a bank your money will have a maximum insurance ammount.

Hope it helps
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