Atfx Forex Broker, Atfx Review, Atfx Information

We are sure this ATFX broker review will be able to provide the readers and other stakeholders with the right information and knowledge based on which they can make the right decision. Trade with a UK-regulated broker on MT4 & MT5 platforms for free. Last, but not least, ATFX also runs an automatic accounting system that matches the identity of the client to the information of the account for secure withdrawals. To add to the previous methods of protection, ATFX is also partnered with EY, a professional audit organization, for added financial security and transparency. Only the funds used for credit card funding are fully returned before other payment methods can be used for withdrawal. Furthermore, they feature an Introducing Broker Partnership Program, designed for partners to earn rebates for clients they refer, without the need for an upfront investment.

ATFX Global Markets, on the other hand, provides a free demo account that you may utilize to experiment and familiarize yourself with their platform. Traders can access a wide range of products in a variety of markets, including currencies, indices, and commodities. The broker offers trading on the MT4 trading platform, where oanda reviews you can see your balance. MT4’s charting features are excellent and it supports a wide array of time frames, charting features, drawing tools, and technical indicators. While MT4 execution is said to be extremely fast, we experienced some rather surprising delays on a few trades that we launched through a Demo account.

  • DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
  • You can find these trading ideas if you log in to the Member Center, then click ‘Research Platform’ or ‘Featured Ideas’.
  • The trading platforms and the technology that it offers is of paramount importance.
  • Retail clients registering with ATFX come under the monitoring agency’s Investor Compensation Fund in Europe and the Financial Services Compensation Scheme in the UK.
  • Market analysis and account management features can also be used through the web interface.

That execution tends to be quicker with a VPS and more reliable. Keep in mind that this bonus is not available to all clients. European guidelines make it very challenging to offer bonuses. Additionally, ATFX Global Markets Ltd. operates from Limassol, Cyprus.

Account Types:

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. At ATFX, you’re able to fund your account in a quick and easy way, via credit/debit card, e-wallet or bank transfer. Deposits made with card/e-wallet will be in your account within 30 minutes, whilst bank transfers will arrive the very next day.

ATFX offers its services worldwide, with the exception of a handful of countries specified in the footer of the official website. This brief list includes the US, Canada, Japan and Mexico. 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’.

We did find a variety of different methods available, including Visa/MasterCard, Neteller, Skrill, NganLuong, local bank transfer, and bank wire transfer. It’s great to see that cards are offered since they are one of the most popular funding methods, as well as wire transfer and a few electronic payment methods. Of course, ATFX could have included a few more options, like Bitcoin. All of the methods are fee free and processed instantly, with the exception of bank wire transfer.

With the Edge account, you’ll need to deposit at least $5,000 USD. We weren’t as surprised with this amount, since this account type is meant more for experienced traders. All of the deposit methods have requirements that are lower than the Standard account’s requirement, so this will not affect your funding choices. One of the biggest advantages to choosing ATFX is the trading costs. If you choose a Standard account, you’ll actually be able to avoid paying commission fees altogether. Like with many other brokers, the drawback to this is higher spreads, which would start at 1.2 pips for this account type.

With my team, we do our best to create high-quality education, review platforms, and brokers and help everyone to stay on the profitable side. If you are keen on being a partner with a reliable, safe, proven and trustworthy online as well as mobile-based trading platform, then you are perhaps in the right place. Once the document checking and credential checking have been completed ATFX broker reaches out to the traders and the account validation and the opening process is gone through. This is done quite efficiently and you can choose the language in which you would like details pertaining to your account opening. ATFX spread starts from 0.0 pipsWhen it comes to commission, no commission is chargeable for Standard, Edge and Professional accounts. The spread for the Standard account is an impressive 1.0 pip.

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. bitcoin brokers reviews It includes real-time information that helps with the decision-making process. MT4 for iOS or Android also includes advanced charting, such as customization and rapid analysis.

The result is a trading environment that is safe and reliable. Partners also receive 24/5 live support from an assigned cryptocoinz Account Manager. There are guides from experts depending on plans, business goals, and your competitive advantages.

Is The Quality Of Customer Service Satisfactory?

Opinions, market data, and recommendations are subject to change at any time. Once the client completes the form, the broker activates the account immediately. However, he must also send the necessary documents that prove his identity and his address so that the account is verified and so he can access all the services. This is because ATFX is a regulated broker, and to avoid money laundering and other similar practices, the person must prove that he is who he says he is. For traders to make better decisions, ATFX provides a daily market report so that traders are informed hence preventing them from making costly mistakes that will affect them in the future.

To have a clear overview of ATFX, let’s start with the trading fees. To get things rolling, let’s go over some lingo related to broker fees. The commissions and minimum spreads shown here are taken from ATFX Global’s website. This seems to apply to the ATFX Global Markets Ltd. brand only, as we were able to successfully open an account from our U.S. offices. Feel free to contact ATFX if you have questions regarding the acceptance of clients from your country of residence.

We update this methodology and our recommended reviews yearly, so that you’re only given up to date information. It accepts credit and debit cards, e-wallets like Skrill, Neteller, and SafeCharge, and direct bank deposits. Edge, premium, and professional accounts have additional perks such as a premium account manager, one-on-one Skype session with the Chief Market Strategist, and invitations to ATFX events. The table below shows more differences between these account types. This is also another area where ATFX scores quite impressively when compared to many other leading trading platforms in Malaysia and across other countries of the world. They do not charge any account fee, deposit fee, inactivity fee or withdrawal.

There is also a phone number available if you are calling from outside the UK. It offers a comprehensive education and analysis sections. The platform can be downloaded on your desktop, as well as on your mobile and it only takes a few minutes. In addition, ATFX offers you the option to launch the platform on your browser. One of the advantages of ATFX is the ability to trade the MT4 via the user’s dashboard.

Atfx Leverage

With this feature, you are bound to enjoy the fastest latency and execution possible since it is hosted in a reserved high-speed data centre. Tell our team and traders worldwide about your experience in our User Reviews tab. The possibility to trade with the most popular trading platform in the industry, MetaTrader4.

For those amongst you who are outside of the EU, you currently have the offer available with ATFX which is $100 USD welcome bonus on a $200 first time deposit. Once you have traded through volume of 6 lots you will be able to withdraw the welcome bonus alongside your deposit amount. There is a little room for improvement with the offered spreads but if you are looking to keep your overall trading and funding costs down, ATFX must come into consideration. ATFX also allows the use of EAs, or Expert Advisors, for automated trading strategies.

Zero Spread Account

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money. The Forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into Forex trading with a live account, it’s best to open a risk-free Forex demo account.

The Forex section offers a wide array of tradable assets. A total of 43 currency pairs are on offer, including majors, minors and exotics. You can also trade cryptocurrency, with Bitcoin, Ethereum, Litecoin, and Ripple all available. The exact trading conditions are listed separately for each currency pair at the site. While some say that ATFX do not offer a proper selection of trading accounts, this is far from the truth.

This includes all documents related to compliance and regulation. They span categories such as general, CFDs, and spread betting. This is where to go for details on terms and conditions related to specific services and products. In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments.

How We Ranked Fees

This publication is a marketing communication and does not constitute investment advice or research. Its content represents the general views of our experts and does not consider individual readers’ personal circumstances, investment experience, or current financial situation. The broker also provides live webinars, as well as Forex trading seminars and workshops. On the flip side, more complex news for example about major economic events, are missing. You can easily change the size and the position of the tabs.

Payment Options

Trading fees for CFD brokers are complicated but they appear to be very competitive throughout. We’ve seen a lot of comparisons to some of their key rivals in our research for this ATFX broker review 2022 and found them to look very good on a consistent basis. Some people may look at alternatives for different reasons but on this basis, ATFX are up there with the absolute cream of the financial crop. In terms of withdrawals, the same methods and accepted currencies apply and there’s a suggested processing time of one day for each.

Additionally, ATFX provides traders with the latest financial market news and overviews for the financial instruments that are available for trading on their platform. Clients have the option to register for ATFX’s eBook, which will help them understand trading and learn how to enter the financial markets, free of charge. The free educational eBooks provided by ATFX will help clients overcome the struggles of trading by building on existing knowledge of the financial markets. Overall our online ATFX review was conducted with the details obtained from the demo trading and the forex brokers website.

Moreover, ATFX offers traders negative balance protection that ensures that traders will not lose more money than deposited. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The lowest deposit allowed is $200 for the Standard account. We do often find deposit minimums around $200, but brokers often offer at least one or two account types that require much lower deposits. We’ve actually seen them as low as $5, which is obviously a big difference. If you want to look at it in a positive light, this does mean that you’ll have to fund your account less often, but it’s still a drawback.

Besides the FCA, the operation is registered with most national financial authorities of the EEA member countries. When it comes to educational resources, you can access tons of learning material directly from the website, under the ‘Education’ tab or sign-up for a one-on-one coaching session. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. Presence of risk disclaimers, education and legal sections to evaluate transparency.


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