ATFX review is this broker worth it? Can they be trusted or not?

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No information is provided on fees charged for withdrawal requests. 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. The conflict of interest between the trader and a forex broker.

Withdrawal of funds is only available to clients who have provided their supporting documents and have had their trading accounts validated. The demo account acts as a simulated trading experience funded with virtual money and is therefore entirely risk-free. The Edge Account is designed for advanced traders and offers competitive spreads and faster speeds, as well as additional latency reduction. ATFX offers three types of accounts, namely the Edge Account, the Professional Account, and a free demo account. Most brokers have an obvious help center or section with FAQs.

ATFX Rebate Promotion

The European Securities and Markets Authority restricted certain products for retail clients starting Aug. 1, 2018. Great customer service and a reliable company to trade with. I have loved ATFX, it is reliable and they have a good customer service that keeps in touch with you in case of any doubt, withdrawals are secure. The spreads are competitive and I really love the support in education and advice, they help me grow my knowledge more.

Be careful with forex and CFD trading, since the preset leverage levels may be high. ATFX has a competitive selection of forex pairs, but its CFD product offering is smallerthan that of its closest competitors, and unfortunately, you can’t trade ETFs or bonds. The major difference is that you can set alerts and notificationson the desktop trading platform, in the form of mobile push and email notifications. To set these notifications, you need to add your email address and mobile MetaQuotes ID (which you can find in the MT4 app’s settings). Just like on the web trading platform, you can choose from many languages on the mobile trading platform as well. Changing the language is a bit tricky on Android devices, though.

For traders who meet the right criteria the broker also offers a professional account. This account allows trading on all instruments with higher leverage. You must qualify as an elective professional, and evidence will be required when applying. The professional account does not, however, offer negative balance protection, as the retail accounts do.

From our findings and analysis, ATFX is a brokerage firm that provides a variety of financial markets for trading, including Forex, CFDs, shares, metals, oils, indices, and cryptocurrencies. It is worth noting that the brand name ATFX is used by multiple entities operating across different regions worldwide. These entities have established their presence in several parts of the world, such as Europe, Africa, Asia, and the Middle East.

Are there any fees on ATFX that I should know of?

As part of its transparency, ATFX has a range of legal documents available on its website. 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.

These countries include, but are not limited to, the USA, Canada, Japan, Iraq, Iran, Syria and more. It is recommended to personally reach out to ATFX regarding this potential issue before attempting to open any accounts. Overall, ATFX has quite a lot to offer its potential clients, however it is also important to bear in mind that there are several negative points too. The desktop application can be downloaded from their website.

It also includes the main strategies and technical for traders, whether they are contrarian or conformist. MT4 Desktop additionally offers cutting-edge charting tools. There are more than 50 indicators as well as over 30 tools to analyze charts.

Forextraders’ Broker of the Month

It would be pertinent to mention here that overall the trading fees are quite competitive. Some ATFX broker reviews have been able to have a closer look at the Standard Account and it looks quite impressive. There are no charges or commissions but at the same time the ATFX spread is comparatively much higher. Depending on where you live, will determine if your trading account is regulated by the financial authority or not.

This feature is available only on the desktop trading platform. You can only deposit money from accounts that are in your name. Similarly to stock index and stock CFDs, the fees are built into the spreads. 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.

ATFX training provide many educational resources, including daily webinars, one-to-one coaching, a dedicated forex education centre, and advanced education for Premium account holders. The ATFX educational programme ensures that clients have access to the knowledge they need to be successful with online trading. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. The broker offers a wide range of research tools and resources that can be used by traders to make informed trading decisions. The customer support of ATFX is excellent and is available 24/5.

Advantages to Trade Forex with ATFX

Access to the Trading Central provides data analysis and technical strategies for a plethora of trading instruments, such as currencies, commodities, indices and precious metals. Beginners can make use of this tool to get practical experience of trading on the financial market without putting their funds at risk, while professionals can use it to test out strategies. To further help their traders with minimizing risks and maximizing profits, ATFX provides stop loss and balance protection tools in a very popular approach to trading. Such tools can be considered a must for those that choose to trade with leverage. Located at the top of the homepage at ATFX are two tabs to register a new account. Traders can either open a demo account or opt-in for the live account.

ATFX also offers its clients a mobile app which can be downloaded to either an iPhone or an Android device and which makes accessing client accounts on the go even easier and more convenient. ATFX is a well-known CFD broker that offers a wide range of tradable assets. As a result, both the deposit and withdrawal processes are smooth and hassle-free.

• I prefer ATFX as they offer a wide range of products and advise better than anyone and best of all with excellent service.
• The MT4 platform is available as a desktop, mobile, and web-based application.
• Options for funding your account include bank transfer, credit/debit cards, and electronic wallets.
• As a beginner I have many technical as well as trading related questions.
• The result is a trading environment that is safe and reliable.

Our review of ATFX shows, that clients are given the classic MT4 trading platform. You will find the desktop software, along with their Web Trader and mobile apps. They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities , Indices and CFD’s for shares trading. Some of the exotic currency pairs they make available to trade are the Russian Ruble, South African Rand and the Polish Zloty. As mentioned above, ATFX has partnered with Trading Central for market analysis, this includes providing traders with Trading Central’s MT4 Analysis indicators.

Client Review

We tested credit card withdrawal and it took 2 business days. This selection is not the best on the market, lagging behind that of competitors including XM. ATFX accepts clients from all over the world.There are a few notable exceptions though, such as Japan, France or Canada. The costs for both stock index CFDs and stock CFDs are built into the spreads.

The investors get 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 the investors. The company charges no fees, and the request is typically processed within 24h. However, we’ve found reviews where people complain about withdrawals, especially those dealing with an offshore entity.

In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments. 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. The regulation and authorization from the FCA are for ATFX to be a CFD and FX broker.

Look and feel

Scam Broker Investigator reviews online brokers by first checking their license and regulatory status. Once you have verified that your brokers license is valid, then you know they are a legitimate broker. By investing with a regulated broker, you can feel safe in knowing your money is held in segregated bank accounts. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the ATFX offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review.

ATFX also provides protection against broker bankruptcy or insolvency for EU clients of up to €20,000 thanks to the Investor Compensation Fund program. ATFX clients can choose between several different types of software to suit their own preferences and trading style. ATFX provides live and on-demand webinars that are conducted by expert traders.

• The broker refers to it as a “live forex news calendar.” The calendar is automatically updated so traders can have the latest information.
• But it is not necessarily suitable for novices, because he does not provide micro accounts, and the deposit threshold for standard accounts is also a bit high.
• ATFX was also the Best Branded Broker 2017 from Shenzhen Huiyu Financial.
• The best way to know more about this platform would perhaps be to go in for an impartial and factual ATFX review.
• Education and market analysis are strong and spreads are relatively tight compared to other brokers of a similar type, though only the MT4 trading platform is supported.

The https://traderoom.info/ service center at ATFX can be reached in a number of ways to resolve any queries or requests you might have pertaining to your trading account. You can either contact them via a live chat facility, by sending a quick email, or by giving them a call on a wide range of numbers listed on the site. ATFX offers one of the most secure, reliable, and trusted banking sections within the online trading industry, ensuring traders can transact on their accounts with peace of mind. The site utilises the latest SSL encryption technology to safely secure all personal and financial information and comes equipped with some of the most trusted payment methods online. The company constantly looks for ways to enhance the overall payment structure to provide a highly efficient, simplistic, and secure banking experience. There are no fees when it comes to making a withdrawal and ATFX usually processes all withdrawal request within 24 hours.

MT4 is a well-known atfx review in the trading industry, known for its advanced features, user-friendly interface, and efficient trading tools. It is imperative for brokers to ensure that as much detail is provided regarding accounts and trading conditions so that traders can accurately evaluate the broker’s service. There is extraordinarily little information regarding the account features on the broker’s website apart from the range of markets, the platform type, and what traders can expect. Fees are not transparent, and neither are the trading conditions. Traders should also seek out brokers who offer a free demo account, as this will allow them to conduct a test run of the broker’s features before deciding to sign up for a live trading account.