Comparison

ActivoBank vs MTrader

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

ActivoBank

Manage your finances with this app, offering account management, card services, loan applications, and secure payment options. It also allows for international transfers and bill splitting with friends. Open a new account entirely online in just 15 minutes.

Highlights
  • Integrated account management
  • Card services and management
  • Loan simulation and application
  • International transfers
  • Bill payment and splitting
  • Secure mobile payments
  • Account aggregation
Features
Read full description

Everything you need to know about our App’s functionalities is here! Did you know you can: Manage your accounts in an integrated and intuitive way: check, transfer, pay and save; Hide your balances in order to have more privacy; Request a new Debit or Credit Card and revoke ( up to 14 days) or even cancel it due to loss or theft; Simulate and apply for a Personal Loan, with the possibility of immediate online approval (subject to automatic credit assessment); Simulate a Home Loan: apply and upload the first required documents; Subscribe our ON/OFF Travel Insurance; Make international transfers directly with TransferWise; Use Widgets for a simpler access to your account movements; Set notifications when your balance is below a certain amount or when your Credit Card is used. With Apple Pay you can make simple, fast and secure purchases in stores, in Apps, and on the web. Leave your cards at home and pay using only your Apple device. It’s simple, fast and safe. In the area “More” you can find: MB WAY, where you can send, withdraw and request money or even pay and split your bills with friends; Finance Manager, onde pode controlar os seus gastos; Configurations; Contacts; Legal information; Logout. Request your Loan Moratorium, without leaving your house. It’s the safest option! Upload the documents, wait for an answer and, if you fulfil the requirements, accept! 
With PSD2 you can aggregate, on your App, information about your other Bank Accounts: balances, movements and account details. You can aggregate Accounts from 17 national Banks, that joined to the SIBS solution. Share Beneficiaries and Favourites info between the App and website. Not our Client yet? Then open an Account without leaving your house! 
You’ll only need: 15 minutes; Portuguese Identification Document, proof of address and employment; Make a videocall at the end of the process. Don’t waste any time: download it now and make your life simpler!

About

MTrader

Track stock market investments with real-time quotes from global exchanges. Buy and sell securities easily with an intuitive interface, market depth information, and daily news updates to help plan your investments.

Highlights
  • Real-time international stock quotes
  • Direct stock market trading
  • Market depth and latest trades
  • Daily market news and analyst opinions
  • Securities portfolio tracking
  • Order book access
Features
Read full description

Do you invest in the stock market? Do you follow the latest news of the markets? Install the MTrader App! It’s quick, easy and it has everything you need to control your investments. Plus, you’ll have access to: Real time quotes of international stock markets Follow real time quotes of the main stock markets (Lisbon, Paris, Amsterdam, Brussels, Madrid, Frankfurt, London, New York, Nasdaq, Milan, Dublin, Switzerland, Austria and Scandinavia) and of the financial Certificates issued by Millennium bcp. Simple and intuitive layout Trade directly in the stock market. Buy and sell in a swifter and more intuitive layout. Market depth and latest trades You’ll have access to the market depth, to the ten last purchase and sell positions of the Euronext securities market and to the last five positions of carried out trades. News and Research Daily video with news on the market opening, notes and rumours that may have an impact on your investments, along with opinions of national and international analysts, dividend charts and schedules that help you better plan your week. All the information, one app In the same interface you’ll have access to real time information of your securities portfolio, streaming access to your order book and direct trading in the app.

Screenshots

ActivoBank4 screens
MTrader4 screens

Verdict

The call

The clearest difference is rating: ActivoBank at 4.7 against MTrader's 2.5. ActivoBank also leads on review sentiment (46% vs 17%) and ratings volume (528 vs 6). MTrader's advantage is monetization model (ad-supported vs free with in-app purchases) and iOS requirement (13.6 vs 16.6). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

ActivoBank holds the better App Store score, 4.7 against 2.5. That said, the two scores are not equally well evidenced: ActivoBank has 528 ratings behind it against 6, so its average is the more settled of the two. Written reviews point the same way: 46% of ActivoBank's written reviews are positive against 17% of MTrader's.

UpkeepUpdate frequency

ActivoBank ships an update every 4 weeks, MTrader every 3 months. The most recent releases landed on September 23, 2026 and August 13, 2026 respectively.

Scorecard6 real differences · 4 level
ActivoBank versus MTrader: the parameters behind the verdict, then further details
ParameterActivoBankMTrader
PriceFreeFree
Rating4.7 (528 ratings) — better2.5 (6 ratings)
Positive reviews46.1% of reviews — better16.7% of reviews
Number of ratings528 — better6
Update frequencyEvery 4 weeks — betterEvery 3 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree with in-app purchasesAd-supported — better
DevicesiPhone, iPad, Apple WatchiPhone, iPad, iPod
Requires iOS16.613.6 — better
Further details — not scored
Size420 MB26 MB
Age rating4+4+
DeveloperBanco ActivoBank (Portugal), SAMillennium bcp

Customer experience

ActivoBank

All ratings528 ratings
Positive92.2%
Neutral1.1%
Negative6.6%
Written reviews180 reviews
Positive46.1%
Neutral8.9%
Negative45.0%

MTrader

All ratings6 ratings
Positive33.3%
Neutral0.0%
Negative66.7%
Written reviews6 reviews
Positive16.7%
Neutral0.0%
Negative83.3%

Bugs and requests

ActivoBank

Reported bugs

16 issues
  • App fails to open after recent updates
  • Login requires multiple attempts
  • Numpad appears instead of keyboard for company name input
  • IBAN not recognized error on transfer finalization
  • Face ID compliance error on compatible devices
Show 11 more
  • App reports offline status despite active connection
  • Website freezes at Terms and Conditions review step
  • Chave Movel Digital button non-functional
  • Email notifications blocked after customer replies
  • App crashes on version 4.0+
  • Pending and wallet transactions not visible
  • Language selection reverts to Portuguese
  • Dismissed advertisements reappear on screen reload
  • Update requires re-activation with failed credential acceptance
  • Back button disappears in navigation settings view
  • Connection problems persist after reinstallation

Requested features

11 requests
  • Separate marketing notification toggle from security alerts
  • Support for non-Portuguese IBAN beneficiaries
  • Landscape/horizontal orientation support for iPad
  • Easier tax address and postal address updates
  • Card blocking functionality within the app
Show 6 more
  • Optional hidden balance feature in settings
  • Increased PIN security (minimum 6 digits)
  • Waived foreign currency fees for free accounts
  • Real-time transaction date display for contactless payments
  • Consistent language support throughout entire app
  • SMS activation code delivery improvements

MTrader

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

ActivoBank

No in-app purchases

None

MTrader

No in-app purchases

Questions

Is ActivoBank free?
ActivoBank is free to download, with no in-app purchases.
Is MTrader free?
MTrader is free to download, with no in-app purchases.
Which has better reviews, ActivoBank or MTrader?
ActivoBank is rated higher. ActivoBank averages 4.7 out of 5 from 528 ratings, while MTrader averages 2.5 from 6 ratings.
Do ActivoBank or MTrader have ads?
Neither ActivoBank nor MTrader shows ads.
Which is updated more often, ActivoBank or MTrader?
ActivoBank ships an update every 4 weeks, and MTrader every 3 months. Most recently, ActivoBank was updated on September 23, 2026 and MTrader on August 13, 2026.

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