Clients do not need to pay any registration fee when they open a live trading account with this broker. Neteller and Skrill are not yet available through this broker, although their website promises that they will both be available soon. Funds are credited straight to the client’s account when using credit or debit cards, although wire transfers could take several days to clear. All payment methods are very secure and are protected by encryption technology to protect clients’ personal and financial details from cybercrime and hacking. It’s been a year now trading with ATFX and everything went fine till now, they have helpful customer service and they operate with the MT4 platform for trading which is really easy.
EU clients are also protected under the Investor Compensation Fund for up to €20,000. With over 10 years of experience in financial industry, our teammates have to provide professional, localised services for our clients. Currently our services are provided in 13 languages include English, Cantonese, Mandarin, Spanish, Italian, German, Arabic, Vietnamese, Thai, Uyghur, etc. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. You should consider whether you can afford to take the risk of losing your money.
Atfx Com Review
It also includes the full flexibility of the Desktop platform plus advanced charting. This is a great way to get a feel for the offerings of the broker. It can also be a useful tool for beginner traders who need to hone their skills. Or advanced traders can use the demo account to test new strategies. As part of its transparency, ATFX has a range of legal documents available on its website.
Past market reports are also available on the same page, including those from the last few months. Keep in mind that you can only request one withdrawal each day. Additionally, ATFX Global Markets Ltd. operates from Limassol, Cyprus. As such, this section of ATFX is under regulation from CySEC, the Cyprus Securities and Exchanges Commission. CySEC regulation provides access to the EU and EEA countries.
The company has recently started offering clients who have opened an edge account, the opportunity to benefit from one-to-one coaching sessions. Edge traders will have two private half-hour coaching sessions with Alejandro Zambrano. The trader will be able to benefit by having their trading and strategy questions answered directly from a market expert with trading experience. Also, they will have the chance to create a completely unique trading plan which suits your needs and goals, with advanced money and risk management protocols in place. Traders can learn where to place stop-loss orders and where to take profit orders, as well as knowing how to manage leverage. ATFX’s Global Chief Market Strategist, Alejandro Zambrano, delivers a daily webinar which discusses the current state and trends of certain financial markets.
It is designed for advanced traders and also includes additional latency reduction. As trading fees are low and you can use a demo account, feel free to try ATFX. Professional and non-EU clients are not covered by any negative balance protection. ATFX provides trading ideas, based on technical indicators. You can find these trading ideas if you log in to the Member Center, then click ‘Research Platform’ or ‘Featured Ideas’. The ‘Featured Ideas’ section covers only the major currency pairs.
You can trade currencies , commodities, cryptocurrencies, indices, and shares by starting with a low amount of money. User friendly platform, responsive support team, useful tools and indicators, tight spreads are only few reasons why I find ATFX fit as my preferred broker in online trading. Trading is done via MetaTrader 4 with support for all devices, both mobile and desktop. The range of deposit and withdrawal methods offers something for most traders. The iPhone MT4 application includes the most useful features, such as EAs and customizable indicators. Either mobile version has the full functionality and all of the tools of the other versions.
Is ATFX regulated?
ATFX operates in a well-regulated and highly governed sector of the financial services industry. Our operations are subject to a range of local and regional regulations that govern how we conduct ourselves. These regulations include capital requirements, which compels us to have a certain level of capital to trade.
As long as they don’t touch the local markets, their operations will be legitimized and deemed legal by the local authorities, just not on a license-based factor. Hello “Dr.HS”, We’re sorry to hear about your dissatisfaction with our service. We pride ourselves on the high service level standards we maintain and would like to fix the issue you’ve experienced at the earliest. Hello “Ahmed”, We’re sorry to hear about your dissatisfaction with our service.
Besides, the broker’s Web TV provides financial markets commentary, market overview and trade ideas. You can also register for the seminars, webinars which the broker conducts from time to time. The company offers free webinars that will enhance https://topbitcoinnews.org/vice-industry-token-price-hits-0-0062-on-exchanges/ your understanding of CFD and FX trading. It also has a well-established Forex Education Centre where one can access e-books, trading strategies, guideline videos related to the MT4 platform, and comprehensive trading courses for free.
Is ATFX a broker?
CFD Broker For New & Experienced Traders – Trade With ATFX. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59.38% of retail investor accounts lose money when trading CFDs / Spread betting with this provider.
ATFX was also the Best Branded Broker 2017 from Shenzhen Huiyu Financial. It was also the Best Forex Broker 2017 at Tapei International FinanceWord Forum FinanceWord. This is a daily market report and you can download it right from the ATFX website.
Learn Trading With Atfx
Atfx was mentioned as a suspicious platform by the most trusted regulatory body in the UK, the FCA . Our review is based on their respected opinion and on our personal research. ReportScamOnline suggests that the company operates illegally and without a proper financial regulatory license. ATFX also allows the use of EAs, or Expert Advisors, for automated trading strategies. Our ATFX reviewers also discovered you are free to install new EAs, indicators, and make full use of the open-source nature of the MT4 by participating in the MQL community.
Additionally, it offers a wide range of trading instruments; some of which are not offered by other brokers. ATFX UK customers can trade in shares, CFDs, FX, Precious metals, currencies, cryptocurrencies, indices, and commodities. However, adding bonds and ETFs atfx forex can further increase the value of the ecosystem. For beginners and experienced traders alike, ATFX UK is one of the reliable brokers in the market. In addition to being a licensed FX and CFD broker that is regulated by FCA, it complies with MiFID and FOS.
Atfx Trading Tools
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. I’ve been trading with ATFX for the past three months, the customer service is very responsive and helpful. They also provide trading strategies content on their website that is worth for a read. Additionally, ATFX segregates client funds in trust accounts.
There are main phone lines available on weekdays between 9 a.m. There is an 800 number from the UK and a separate number for calls from outside the UK. Email addresses are for is dogecoin risky general information, complaints/disputes, partnerships, support, and sales inquiries. You can also contact support via live chat in the bottom right corner of the page.
How Do You Contact Atfx?
We’re happy to say that the other feedback we looked at largely matches up with our conclusion – and it’s a positive one. Whether or not ATFX is right for you comes down to whether their product portfolio suits your needs, and what level of input you’re willing to have. Their commitment to education on finances proves that’s not the case, but it’s also very much an active platform. If you know the basics of cryptocurrency mining software and cloud mining, for instance, you may be in the right place. They also boast state-of-the-art encryption technology, essentially meaning all your data is kept secure.
- Must be really good otherwise there’s no chance of getting these many 5 star reviews with not even one of them star.
- Not segregating the customers can also be an issue in the long run as processing trades becomes a bit too chaotic.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
- Indeed, they even allow you to request they do not contact you and get rid of your details if you decide to chat with them before you get an account.
- For updates and exclusive offers, enter your e-mail below.
As for the premium and standard account, spreads are from 0.0 pips and 1.0 pips respectively. ATFX is a regulated Forex Broker based in the United Kingdom, specifically in London. This broker allows trading with a wide variety of markets, including Forex, CFD, and raw materials.
Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. So the trading fees can be depending on your asset to trade.
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. As for the forex minors, the minimum spread starts from 0.9 on pairs such as CAD/JPY and AUD/NZD and goes up to 2.8 for the GBP/NZD pair. For the exotics, the minimum spread starts from 10 pips for the EUR/HUF pair and goes up to 128 for USD/RUB.
At ATFX, we offer our customers tight, competitive spreads. Meaning you pay less to open a trade. When paying the spread, there are no additional charges, you will only be paying the difference between the Bid and Ask prices.
It offers very professional and helpful customer service. Overall, ATFX does not charge any deposit and withdrawal fees and offers a fair selection of payment methods. The most popular payment option is MasterCard or VISA credit and debit cards, but you can also use e-wallets such as MoneyBookers, Neteller, and others. Alternatively, you can pay your deposit via bank transfer. We are certain that the transfers are accepted in a variety of currencies but please contact customer support if you are not sure whether your currency is accepted.
But the display of such information is a bit redundant without context and all of the terms combined in one easy-to-understand review. According to the requirements of MiFID, the operator keeps the monies of its users in segregated accounts, with top European financial institutions. The group AT Global Markets is also a member of the Financial Services Compensation Scheme , which covers eligible investments of up to £85,00 per person, per firm. From a regulatory perspective, ATFX’s main “partner” is obviously CySEC.