Market Trading Financial Markets Trading Online With ATFX

atfx broker review

Strategies are updated ten times every day for each product for up-to-date information. 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. 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.

Before you trade, AskTraders.

Our in-depth review highlights that while it offers a decent range of trading instruments and platforms, it does not stand out significantly in any particular area. 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.

ATFX Review: Fees, Platform, Pros & Cons

atfx broker review

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. To get started you will have to go on the ATFX official website. Once you are done, you will receive a confirmation email with your login details. 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.

Where is the ATFX head office?

  1. The company is constantly growing and evolving with an ever-expanding team of over 450 staff members who speak 20 languages, operating from 14 offices.
  2. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).
  3. Trade Forex, indices, cryptocurrencies, commodities and shares at the touch of a button.
  4. The broker refers to it as a “live forex news calendar.” The calendar is automatically updated so traders can have the latest information.
  5. ATFX offers the Trading Central, a research and technical analysis tool for all ATFX clients.

Its office is located on the 1st Floor, 32 Cornhill, in London, and it’s regulated by the FCA in the United Kingdom. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. The Web Trader is a much simpler platform, which is obviously less powerful than the downloadable MT4 in the way of charting options and trading tools.

Forex Risk Disclaimer

While its primary market is in the UK and European markets, it has been gradually establishing a foothold in South East Asia and Middle Eastern countries. Unfortunately, ATFX doesn’t provide Islamic accounts without overnight swaps. You can test its platform with a demo of $100,000 virtual funds. On June 2020 ATFX has added Autochartist, a leading automated market analysis software.

atfx broker review

ATFX provides an updated list of trading conditions for each asset to ensure convenience and transparency. Specific trading conditions for those interested in spread betting are outlined for FX majors, FX minors, metals, oil, and indices. ATFX has incorporated a live chat feature on its platform, enabling clients to engage in real-time conversations with their support representatives. To meet clients on their preferred social media platform, ATFX extends its Customer Support to Facebook Messenger. Alternatively, on their website, ATFX provides a Contact Support form.

It is available in the United Kingdom, which includes England, Scotland, the Channel Islands, Northern Island, and Wales. It majorly owes this standing to its incredible platform and wide range of tools plus resources so you can invest in capital markets. If trading forex pairs is of interest to you then ATFX offer over 45 forex pairs. In case you’re withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you’re choosing to draw in.

If your balance is unfavorable, ATFX suggests that you contact client services. For this, you can correct any imbalances within your own account. Any processing fees from your bank might need to be incurred by you. ATFX shows on its official site how you are able to trade real time stocks in a demo account. If you register for a demo account on ATFX, you will set out using a decent amount of virtual currency. It is to establish a sense of security and confidence in you until you decide to invest your own money.

atfx broker review

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. Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card.

It also includes Bosnia and Herzegovina, Iraq, Ethiopia, Syria, Sudan, DPRK, and Turkey. ATFX cannot be used in Cuba, Japan, Iran, Canada, or the USA either. It is best to confirm that ATFX is available in your country if it is not explicitly stated. The regulation and authorization from the FCA are for ATFX to be a CFD and FX broker. As part of its FCA regulation and authorization, ATFX follows the agency’s strict regulatory requirements. These include the fair treatment of clients and the protection of client money.

Once you place your first few trades, stay calm and adjust your positions according to how the market environment behaves. You’ll execute your trades through the MT4 trading platform, which is regarded as one of the best trading platforms on the market. We enable our traders to implement their own trading strategies based on 44 forex trading currency pairs, with localised expert support available 24/5. At BrokerTrending, we go the extra mile to help global investors make informed decisions – investing an obscene amount of time daily in testing and researching online brokers. ATFX is a relatively new Forex and CFD broker that has created quite a buzz among traders.