ATFX does not provide a great deal of information when it comes to special features or services. There are some basic features that can be considered to be fairly positive. ATFX announced its foray into the LEVANT region through a Jordan partnership with Amman-based brokerage & investment firm ASWAQ Invest (Emerging Markets or EMGCM).
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. We tested it and collected the options and costs in How to withdraw money on ATFX. Check out the current account balance requirements at ATFX in our What is the minimum account balance at ATFX article. Is ATFX legit features all the key aspects you need to look at to see if a broker is safe and legit. The company doesn’t disclose financial information and isn’t listed on any exchanges. When we tested the phone service, we couldn’t reach any operators on the day before a UK banking holiday.
ATFX has partnered with Trading Central, the world’s top-tier technical analysis resource. The technical strategies and professional data provided by Trading Central cover Forex, precious metals, commodities, and indices. ATFX provides access to over a hundred CFD financial instruments including Forex, Precious Metal, Crude Oil, Indices, and Shares. All the instruments can be executed on one platform and offer the best opportunities to all investors. You experience raw spreads when you trade through Premium access.
The minimum amount you are required to deposit in order to start trading is $200 for the Standard account and $5,000 for the Edge account. There is not much information provided on the supported countries. However, the broker is regulated in the European Union and MiFID, meaning ATFX can provide its service in most of the countries in the globe. ATFX, FXTM, and EightCap are three forex brokers that have excellent reputations in the forex industry. If you are curious about the similarity between these three brokers, you should not miss this article as we will explore them from different perspectives.
The webinar schedules are updated periodically on the official website under the “education” section. There usually are 5-10 webinars scheduled within a period of two weeks and the available languages vary. There currently are webinars available in English, Spanish and German. You will then get an email to remind you to attend the webinar at the indicated time.
Is ATFX Safe?
The European Parliament and Council adopted this on Nov. 1, 2007. MiFID regulates financial instrument markets for providing investment services as well as activities, specifically in the European Economic Area. This EEA includes all 27 member states of the EU in addition to Norway, Liechtenstein, and Iceland. Best CFD broker for me, I’ve been trading for several months with ATFX, their client service is awesome and the deposits & withdrawals are fast, also safe. Short time for withdrawal and good service from my account manager, also provide the weekly education on their trading tools, able me to start trading with good knowledge about market and trend. ATFX provides a social trading service through the MT4 desktop trading platform.
ATFX offers a range of research tools, which include Trading Central, an economic calendar, and a quarterly market outlook. MT4 for Android offers all the same features as that for iPhone, including forex, CFDs, and more in a simple, convenient, and customized way. By downloading MT4 for iPhone, users can take the trading platform wherever they go and even trade on the go with ATFX’s MT4 Mobile for iPhone.
If you’re unfamiliar with the platform, do utilise the educational tools and customer service. Depending on where you live, will determine if your trading account is regulated by the financial authority or not. Clients from the European Union or United Kingdom, are covered by the regulators listed below.
ATFX will also support the MT4 Android and iOS apps, for those who wish to trade on the move. The ATFX educational programme is aimed at making sure clients have all the resources they need to make informed trading decisions. The charting features of MT4 are well known, and in ATFX’s version, all these features are supported.
Beginner’s Guide to ATFX Broker: Complete Review
ATFX also has a mobile application for trading on the go and convenience. Clients can also enjoy full account management via the sleek client portal. Trading with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex. The goal of ATFX is to deliver the best possible trading experience. The broker has a client portal that is state-of-the-art and relies on the leading encryption systems. As you may have guessed based on this part of our ATFX broker review, there’s a difference in cost.
The advanced account version is the Edge account, which takes things to an entirely new level. The minimum required deposit for this one is $5,000, and for that money, the spread on the USD/EUR starts from as little as 0.6 pips. While the Standard account is commission free, there are commissions charged on the Edge account, but still, its trading conditions remain vastly superior.
For example, it took us a while to figure out how to add an asset to the watchlist. We tested credit card withdrawal and it took 2 business days. This initial registration takes minutes, and in most cases, accounts are verified within 1-2 business days.
The broker also features floating spreads ranging from 0.1 pips to 4.0 pips in total. But the display of such information is a bit redundant without context and all of the terms combined in one easy-to-understand review. The range of webinars helps clients develop trading skills or grow understanding of concepts. There are webinars for all skill levels, from professional traders to beginners.
AT Capital Market’s CEO has since resigned from the company. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. Although ATFX was launched in late 2014, the operator is a genuine veteran of the online Forex/CFD scene.
- It was also the Best Forex Broker 2017 at Tapei International FinanceWord Forum FinanceWord.
- That said, if being involved in the decision making and the product portfolio does work for how you like to invest, then ATFX is a fantastic option.
- Withdrawal of funds is only available to clients who have provided their supporting documents and have had their trading accounts validated.
Trading Central additionally uses Japanese candlesticks and related signals to verify acceleration or reversal markets. To view all the products that ATFX offers on MetaTrader 4, visit the Market Watch window. This way, you can find any asset and use the available advanced trading tools with it.
Founded in 2014, ATFX was created to serve the global financial community of investors in Forex, CFD, bullion, and commodity trading. All of these instruments can be executed on one platform and offer the best opportunities to all investors. Stay up to date with the financial markets everywhere you go.
How much is the minimum deposit in ATFX?
The minimum deposit at ATFX is $500. ATFX charges $0 for deposits. You can only deposit funds from accounts that are in your name. Visit ATFX's page to start the process.
This is a daily market report and you can download it right from the ATFX website. Past market reports are also available on the same page, including those from the last few months. The use of Expert Advisors allows for automated trading strategies. MT4 also has enhanced trading speed and is known for its robustness and stability. Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany.
The professional account does not, however, offer negative balance protection, as the retail accounts do. ATFX has definitely gained momentum in the last five years. There are some very positive aspects of the broker, such as the availability of the MT4 trading platform as well as the education and resources section of the website.
This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. If you have any questions or issues, you can contact the ATFX customer support team.
SimilarWeb traffic analysis mainly complies, showing the broker had over 130,000 visits in February 2023. Most were from Vietnam, Colombia, and the Republic of Korea. In Mauritius, they operate as AT Global Markets Intl Ltd, registered in 2018, with ATFX regulation in the FSC register.
You will then get some login details that you will be asked to keep in a safe place and that you will need for future access to the platform. It is also important to know about the spreads on ATFX, which are competitive compared to other brokers on the market. ATFX Spreads vary depending on the account type with spreads on the Edge account are low and competitive compared to any broker in the industry. They start from 0.6 pips but they vary depending on the asset you are interested in. The spread on EUR/USD starts from 0.6 pips and for the forex majors, the minimum spread does not go over 0.8 pips.
When registering a standard account with ATFX, traders are provided with fast execution as well as zero-commission trading and spreads which start from 1.8 EUR/USD. ATFX is considered a low-risk and can be summarised as a trustworthy forex broker. This includes market news and analysis for popular products such as oil, precious metals, indices, gold, crypto, and FX majors. Updates focus on specific products and include predictions, influences, and more.
- Cards and e-wallets do have a speed advantage over bank transfer.
- Find e-books, in-depth trading courses, MT4 platform guideline videos, trading strategies, and more.
- You can also trade cryptocurrency, with Bitcoin, Ethereum, Litecoin, and Ripple all available.
- My IB have been trading with ATFX for a long time, no slippage, great service and fast resolution.
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work atfx review and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review.
Once you’ve done that you are free to trade as much as you want. After you’ve created your account you can move on to the deposit page to place funds in your account and start live trading. You will have to deposit at least $200 to be allowed to start trading. As you can see, the main difference is that the Edge account provides traders lower spreads https://traderoom.info/ compared to the Standard account. The website claims that no fees apply for deposits, no matter what payment method you choose, including credit/debit cards, e-wallets or wire transfer. A small fee may apply if you are depositing funds with a non-UK credit or debit card, but aside from that, the official website claims that no fees apply.
How legit is ATFX?
Broker Quality 100%
Regarding orders execution model, ATFX is an a-book broker (STP). ATFX offers trading of currencies, indices, cryptocurrencies, shares, CFDs and commodities. ATFX is regulated by the FCA (UK).