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Forex Trading

ATFX Review 2023 Is Legit or Scam

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It would be nice to have a dedicated section for information such as this. It would make it easier to open an account, fund the account, and do basic troubleshooting without contacting ATFX. For the convenience of clients, ATFX offers multiple methods of contacting the team. 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.

This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. ATFX has a fully digital account opening process which is both user-friendly and seamless. A good broker with a lot of education classes to improve my trading techniques. I find the best broker they have a good community and also provide good support.

They also provide market insights and outlook to guide traders. I also get up to date market data and news through their webinars and newsletters. After I start using ATFX, I have never changed to other platforms.

  • To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the ATFX offering.
  • I have traded with ATFX several times, and I have not been disappointed.
  • ATFX also provides an additional layer of protection in the form of The Financial Services Compensation Scheme coverage.
  • You can also find webinars in Italian, German, Spanish, and other languages.
  • For the best results and least hassle, ATFX suggests only contacting the FOS following a final response from ATFX.
  • The financial events section of the website provides an in-depth analysis of the event and its impact on the markets.

You can’t change the default leverage level of the products. FCA bans the sale of crypto-derivatives to UK retail consumers from 6 January 2021. You can easily view your profit/loss balance and the commissions you have paid. The platform’s search functions are OK.You can find assets grouped into categories. At the same time, we missed the usual search function where you can type in an asset’s name manually.

Intro on ATFX

✅ Regulated – CySEC, FCA, MiFID ✅ Company – ATFX Global Markets Limited. ATFX has invested heavily in a comprehensive set of resources for beginner traders. Its education section is well-structured, thorough, and genuinely useful for new traders. According to the requirements of MiFID, the operator keeps the monies of its users in segregated accounts, with top European financial institutions.

This occurs when the market price reaches the correct point. It is important to remember that pending orders do not have guaranteed execution at their original price. Remember that for compliance reasons, withdrawals must be returned to your original payment source. In the case of profits on trades from deposits made with a card, the extra funds will go to a bank account. You must also fully verify your ATFX account before you can withdraw funds.

One of the most reliable brokers!

Updates focus on specific products and include predictions, influences, and more. The Trading Central access provides professional data analysis and technical strategies for a range of assets. These include indices, precious metals, currencies, and commodities. Strategies are updated ten times every day for each product for up-to-date information. You can trade indices with ATFX, with 15 types of shares indices from Asia, the U.S., and Europe. The spot indices on ATFX have low margin requirements and low spreads.

We also would like to mention here that this trading platform is considered to be one of the most successful and also one of the best on planet earth. This has been proven time and again by various ATFX trading experts and many genuine ATFX review articles are also testimony to this. This umbrella called MIFID also ensures that investment firms are in a position to offer their services seamlessly and freely to other member states and even those in third party locations. However, services can be offered by third party locations only when they are authorized by the local authorities to offer these services to their clients.

News feed

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.

If you would like to add details to this online ATFX or you find inaccurate details ATFX broker review please get in touch with us and the changes will be applied. We also offer some of the most competitive spreads on the market, as well as lightning quick execution. Our focus on technology means you get the best trading experience possible.

Professional and non-EU clients are not covered by any negative balance protection. You can use a demo account, read books and participate in webinars, among others. We tested the fees for the Standard account, which charges no commission but spreads are higher. With this automated trading system clients may create Expert Advisors, software programs enabling traders to constantly monitor the markets.

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Provides four different account types, all of which differ in their required minimum deposit, pricing, leverage, and additional services. ATFX is an excellent choice of broker for a range of traders, from beginner to advanced, retail, and institutional. The broker is highly regulated by the FCA, amongst others, and offers an advanced, though user-friendly trading environment with a wide range of tradable assets. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions.

What about the minimum deposit?

Whether an experienced investor or a beginner, you will find all the right tools with this platform. Trade with a UK-regulated broker on MT4 & MT5 platforms for free. ATFX features multiple hotlines from different countries along with multilingual staff to ensure quality customer support. Their contact details are listed alongside the appropriate countries on their web page. Moreover, just like traders, partners will have a dedicated account manager to assist them throughout their recruiting process, as well as training to improve profits. Webinars will be listed alongside relevant dates, languages, start times and durations, providing much comfort to their clients.

education

ATFX Spreads are ranked average with an overall rating of 8 out of 10 based on our testing comparison to other brokers. We found the broker’s average spread higher than the industry average. Moreover, novice traders can take advantage of the Demo account for free, enabling them to practice trading through simulated trades.

Advanced Trading Tools in MetaTrader 4

The St.Vincent and the Grenadines government has clearly stated that they have no interest in regulating foreign Forex companies on their territory. They will allow them to register in the country, but that doesn’t mean that their financial regulator will be held accountable for their actions. Traders need to evaluate their objective, level of risk exposure and willingness to be exposed to risks, according to research done.

atfx

As mentioned before, ATFX specializes in FX trading, offering dozens of different currency pairs, while constantly reviewing its product range. In order to help traders maximize their profits while minimizing risks, ATFX provides a vast array of tools at the traders’ disposal. In the case of ATFX, as a company based in London, it complies with the FCA regulations. The broker offers Standard, Edge, Premium, and professional.

Since it is web-https://traderoom.info/, simply launch the WebTrader and start trading online. Clients can download MT4 Desktop to enjoy cutting-edge features and access to multi-currency and multilanguage trading support. Trade using user-friendly features and even automate trades with EAs.

As far as the Spot Forex offer is concerned, ATFX boasts great order execution, attractive leverage, and a superb client portal for account management – among other things. Some reviewers say their spreads are not quite tight enough, and it’s true that spreads seem to be above average, compared to competitors. There are also allegations that the site does not offer a choice of trading platforms, but we found that simply does not hold water. Having proclaimed itself aForex brokerand CFD brokerage, ATFX features a fairly standard product selection for this industry.

Look and feel

The atfx review uses the latest 128-bit SSL encryption technology to protect client information. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. ATFX has about 100 products on offer, all of them accessible from three account types- Premium, Edge and Standard, with the minimum deposit on the Standard Account at $€£500. Also, the tier-I regulated broker provides only the MetaTrader 4 platforms for all its customers.

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Based in London, UK, AT Global Markets Limited is a leading online trading services provider, regulated by the Financial Conduct Authority in the UK. Led by an experienced, skilled management team, the company has an international presence. MT4 is a popular trading platform that is used by a large number of professional traders. The MT4 platform is available as a desktop application, mobile app, and web-based application. MT4 comes with various features like advanced charting tools, a large number of technical indicators, and expert advisors.

In only providing one account, traders are not provided with much selection according to their unique trading needs or objectives, however, ATFX caters to both retail and professional traders. Partners also receive 24/5 live support from an assigned Account Manager. There are guides from experts depending on plans, business goals, and your competitive advantages. IBs also receive free access to Trading Central and other trading tools.

  • The company charges no fees, and the request is typically processed within 24h.
  • Withdrawals can be made using the same available mechanisms.
  • Once you’ve done that you are free to trade as much as you want.
  • You can login the first time you’re your name and email address.
  • Its cutting-edge trading platform is based on one of the most popular platforms today, MetaTrader 4 , which is available for PCs, mobile devices as well as web trading.

Clients of ATFX can withdraw their funds easily and quickly. The processing time for withdrawals may vary depending on the withdrawal method used but usually takes 3 to 5 business days. The broker prioritizes compliance with regulatory requirements and is subject to close monitoring, which ultimately increases traders’ safety and confidence in the company. Premium – account must have a minimum balance of £$€10,000 with a benchmark spread currency pair of 0.0 pips. ATFX is an online forex broker registered in United Kingdom and well regulated by FCA and CYSEC, with a history between 5 and 10 years.

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