ATFX Broker Review Forex Broker Analysis

atfx broker review

The ATFX withdrawal methods are the same as their deposit methods. Usually, you will be asked to withdraw the same way you deposited. ATFX also requires you provide identification documents before you make your request to withdraw, like most regulated brokers. The indices section at ATFX offers access to a wide range of underlying assets, such as the SPX500, US30 and NAS100. ATFX provides an average offering in forex and CFD markets, with 44 forex pairs and 150 tradeable symbols available for trading. ATFX is well-suited for beginners, offering a range of educational videos that cater to new traders.

Account Information

When you choose to spread bet with ATFX, there is no UK stamp duty or capital gains tax. There are also no commissions and spreads are competitive, starting at just 0.6 pips. Spread betting lets you speculate on the rising or falling markets.

Deposit and Withdrawal Process

There are no deals, promotions, or welcome bonuses for other countries because they are prohibited by the FCA or other regulatory bodies. However, ATFX does offer various educational services to its professional clients. In total, there are over 2000 indicators and 30 chart analysis tools. Users can set their preferred display methods and parameters for every type of chart and indicator.

  • This particular version of MT4 is designed for convenience.
  • The Premium account requires a deposit of $10,000 and offers a minimum spread on the benchmark EUR/USD currency pair of 0.0 pips, but there is a commission charge with this account.
  • Commission payments are instant without hidden charges or fees.
  • It would make it easier to open an account, fund the account, and do basic troubleshooting without contacting ATFX.
  • In addition to the daily market reports, ATFX also offers Fundamental Commentary.

Account funding at ATFX

atfx broker review

The company’s Trading Central facility is a top-tier technical analysis resource available for professional clients. Trading Central is well-respected among smart traders worldwide, conducting research for over 200 investment banks, brokers, fund managers, and professional dealers. ATFX is pleased to announce the launch of the ATFX Client Funds Insurance. Ltd. and AT Global Markets LLC are eligible for insurance coverage. This commitment to fund security sets ATFX apart and reinforces its dedication to ensuring the best trading experience for clients.

Can you trade cryptocurrency with ATFX?

atfx broker review

Automated trading strategies are available via EAs (Expert Advisors). The MT4 application also allows enhanced trading speeds and is renowned for its stability and robustness. The ATFX MT4 download supports all forms of mobile devices and the Windows version offers multilingual and multi-currency trading support to users. If your balance is negative, ATFX suggests that you contact customer services.

Keep in mind that this bonus is not available to all clients. European guidelines make it very challenging to offer bonuses. It is available in the United Kingdom, which includes England, Scotland, the Channel Islands, Northern Island, and Wales. Additionally, ATFX Global Markets (CY) 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.

Either mobile version has the full functionality and all of the tools of the other versions. 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. You get the flexibility to adapt to your trading strategy and full support for assets, allowing for diversification. This is a great way to get a feel for the offerings of the broker.

Over 20 countries from five continents have participated and there have been over 134 tournaments. To give traders confidence in the Trading Central information, it is part of three different associations for Independent Research Providers. These include Asia IRP, Euro IRP, and Investorside Research. It is a Registered Investment Advisor with the SEC (U.S.) and SFC (Hong Kong). Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany.

Trading is very simple, you will have the asset list on the left side of the screen, the charts where you can buy and sell assets on the right side and the trading history on the bottom. To trade with an asset, all you have to do is select one from the asset list and decide whether you want to sell it or buy it depending on what your strategy is. The first time you click on one of the two, a risk disclaimer will pop up and you will have to accept the terms and conditions before being allowed to continue. Once you’ve done that you are free to trade as much as you want. The platform can be downloaded on your desktop, as well as on your mobile and it only takes a few minutes.

For each event on the calendar, you will see the time, currency, importance, event, actual, forecast, and previous figures. The mobile trading platforms for ATFX are also versions of MetaTrader 4. You can download an application for atfx review either Android or Apple devices, allowing everyone to trade on the go. MetaTrader 4 also has a WebTrader which is optimized to maximize web-based performance. It works in all browsers and does not require any download whatsoever.

ATFX is a co-brand shared by several entities, including AT Global Markets (UK) Ltd, ATFX Global Markets (CY) Ltd, AT Global Markets Intl Ltd, AT Global Markets LLC, etc. Each entity is authorized and regulated by respective financial authorities, ensuring a secure and productive trading environment. ATFX is committed to maintaining the highest financial compliance standards and professional conduct.

The broker showed potential in recent years, which is why we decided to test and review it. ATFX is a regulated broker with an innovative and proactive approach compared to other forex and CFD brokers in the industry. In the rare case of an unresolved complaint, clients can sometimes refer to the FOS. This independent body has the purpose of investigating complaints made against regulated firms. The FOS will investigate your complaint and deliver a response. For the best results and least hassle, ATFX suggests only contacting the FOS following a final response from ATFX.

Withdrawals can be made using the same available mechanisms. ATFX does not impose any minimum requirements on deposits or withdrawals, but the payment channels themselves may do so. However, it is important to note that MT4 is a trading platform created for more advanced traders. If you are a beginner, https://forexarena.net/ the MT4 platform may appear complex with too many tools and features that make little sense to you. Unfortunately, ATFX does not prove users with a simpler, beginner’s option. Before investing any real money, ATFX gives you the option to open a free demo account with $100,000 virtual funds.

The company also supports MetaTrader 4 (MT4), which is a popular trading platform among retail traders. Opening a premium account with ATFX means unlocking a number of exclusive benefits including, premium tutorials and videos, as well as full access to Trading Central. The premium education feature compliments the free VPS and raw spreads that this account type offers. Potential clients without sufficient knowledge should seek individual advice from an authorized source. The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. We tried contacting customer support within office hours and they responded quickly and efficiently. You can contact a member of staff Monday to Friday from 9 am to 5 pm. You can contact them by phone, email or through the live chat. There is also a phone number available if you are calling from outside the UK.

Leave a Comment

Your email address will not be published. Required fields are marked *