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ATFX Review Honest Review of an Honest Forex Broker

atfx forex broker review
atfx forex broker review

However, ATFX is not listed on a stock exchange and doesn’t disclose financial information. You can reach customer service from Monday to Friday between 9 am and 5 pm, London time. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade.

EUR/USD Forex Signal: Stuck in a Tight Range for Now – DailyForex.com

EUR/USD Forex Signal: Stuck in a Tight Range for Now.

Posted: Wed, 25 Jan 2023 08:00:00 GMT [source]

Your capital will be kept highly secure in top-tier banks. As you already know, ATFX works with proper conformation to regulations. It’s established plenty of measures to protect all its own investors. We have tested the livechat experience with ATFX and it worked flawlessly.

Payment methods

MetaTrader 4 for Windows has multilingual trading support plus multi-currency support. There is also a VPS service for connectivity all day long. MT4 Desktop offers custom indicators and the ability to customize libraries, EAs, and scripts.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. The investing company also offers you a demo account to test your trading strategies. The demo account is funded with virtual money, and you can trade in the live markets without risking your capital. ATFX offers a robust MT4 trading platform for its clients. MT4 is one of the most popular trading platforms globally and is used by a large number of professional traders.

Swap fee information

The Professional account is the highest level of account and is only available to individuals meeting specific criteria, such as holding a minimum €500,000 portfolio. The other criteria include working experience in the financial sector. The spreads on the professional account start from 0.0 pip, and the minimum deposit for this account is $5,000. With the support of MT4, the overall trading experience becomes quite enjoyable.

The range of webinars helps clients develop trading skills or grow understanding of concepts. There are webinars for all skill levels, from professional traders to beginners. They are always run by professionals to provide a high level of accurate information. The mobile trading platforms for ATFX are also versions of MetaTrader 4. You can download an application for either Android or Apple devices, allowing everyone to trade on the go. MT4 Desktop additionally offers cutting-edge charting tools.

The company is headquartered in the City of London and is regulated by the Financial Conduct Authority . They also ensure that client funds are held in segregated accounts, separate from the company’s own capital. The group AT Global Markets is also a member of the Financial Services Compensation Scheme , this covers eligible investments of up to £85,00 per person, per firm. Hello everyone it is possible to retrieve your stolen bitcoins.

What is the minimum deposit on ATFX?

The minimum deposit at ATFX is $500. ATFX charges $0 for deposits. You can only deposit funds from accounts that are in your name. Visit ATFX's page to start the process.

ATFX is an award-winning global spread betting, forex, and CFD broker headquartered in London. The company provides a platform where users from around the world can trade and make money in the financial market. ATFX also provides additional tools to traders to empower them achieve better results in their trading. atfx broker review ATFX was started in 2017 and is regulated by the Financial Conduct Authority . It is owned by AT Global Markets, a company that is also a member of the Financial Services Compensation Scheme. In addition, the company uses an Electronic Communications Network model using the straight through processing technology.

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For further finance transparency, ATFX has partnerships with EY, a professional audit organization. Additionally, ATFX segregates client funds in trust accounts. Its custodian bank is Barclays Bank PLC. Holding client funds in segregated accounts ensures the funds are always separate from those of ATFX. Furthermore, if something happens to ATFX and it becomes insolvent, your funds are safe. Since they are segregated, they cannot be used to reimburse creditors.

With certain account types, ATFX does not charge a commission on the profit or loss of traders. The standard and edge account both don’t charge commission while still offering competitive spreads. With these accounts, you will also have a dedicated account manager. 72% of retail investor accounts lose money when trading CFDs/Spread betting with this provider. None of the blogs or other sources of information is to be considered as constituting a track record.

atfx forex broker review

This cost is always clearly illustrated to ensure you’re in control of yourtradingoverheads. The Edge Account is designed for advanced traders and offers competitive spreads and faster speeds, as well as additional latency reduction. The broker forms part of the AT Group network of global branches to provide its services to both retail and institutional traders. They provide the best customer service, Their Platform are fast in execution and no charges when you trade. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser.

ATFX Complaints

We compare brokers by calculating all the fees of a typical trade for selected products. We also compared ATFX’s fees with those of two similar brokers we selected, XM and ETX Capital. This selection is based on objective factors such as products offered, client profile, fee structure, etc. Learn2.trade takes no responsibility for loss incurred as a result of the content provided inside of our Telegram groups. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision on the trades you place in the markets. If you are an experienced trader, you should go straight to the open live account page.

The broker also supports MT4 mobile and web trading platforms for those who want to trade on the go. The mobile and web platforms are quite user-friendly and offer all the available features on the desktop platform. ATFX offers demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies. ATFX also features excellent trading conditions which are readily available to all and not only an elite class of institutional clients. The tight spreads and fast executions are a great advantage for all traders.

Why choose ATFX?

The platform gives you quick and easy access to a range of markets and also allows you to trade on the move with its mobile app. Not only do you have all the features and benefits of MT4 but also our complementary tools, which when combined, offer you a great trading experience.

The scheme comes into play in the rare case that ATFX cannot satisfy its repayment claims. In this situation, the FSCS provides as much as £50,000 in compensation per person for eligible investments. ATFX has a strong commitment to ensuring that client funds remain safe at all times. The company uses the latest encryption technology currently available to protect data. This is combined with effective protection measures and strict supervision.

Keep in mind that this bonus is not available to all clients. European guidelines make it very challenging to offer bonuses. Depending on the country that you sign up for ATFX in, you may have access to a bonus. This only requires opening up a Live Account and then depositing $200. Additionally, ATFX Global Markets Ltd. operates from Limassol, Cyprus.

  • Also, another part this involves is traders’ focal techniques and tactics.
  • The investing firm is a regulated broker and it enjoys a highly reputed position.
  • These figures have rules that ensure that trading platforms have measures in place to keep investor’s resources secured.

When making deposits, there are three options available on ATFX, and these are debit and credit cards, bank transfers, and e-wallets. Assess based on trading experience, availability of support, profit potential and more. Create an account and try the demo account to see if it is as helpful and explicative as it is supposed to. No information is provided on fees charged for withdrawal requests. It offers a comprehensive education and analysis sections. ATFX does not provide a great deal of information when it comes to special features or services.

Withdrawal of cash is possible at any moment from your ATFX account. It’s possible to withdraw up sums to the amount of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don’t always have to have any money on your accounts. Generally, ATFX doesn’t charge high fees compared to other online brokers.

Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. These are provided by market-renowned sources such as Bloomberg, Thomson Reuters, and Dow Jones, as well as primary trading platforms. ATFX has partnered with Trading Central, https://forexarena.net/ the world’s top-tier technical analysis resource. The technical strategies and professional data provided by Trading Central cover Forex, precious metals, commodities, and indices. ATFX offers excellent customer support, which consists of a live chat option, global telephone lines, and email support.

Is ATFX a good broker?

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.

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