ATFX: Online Forex and CFD Broker Review 2024

atfx review

The use of Expert Advisors allows for automated trading strategies. MT4 also has enhanced trading speed and is known for its robustness and stability. Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany.

From Where Can ATFX Be Accessed?

Once you have deposited funds into your account or have opened a demo account, you will be suggested to download MT4. Doing that takes just a couple of minutes, alternatively, you can also access MT4 WebTrader, a browser-based platform that does not need to be downloaded. If you have a demo account, you will be given $100,000 to trade, whilst if you are trading live, you will have as many funds as you deposited in the previous stage.

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atfx review

ATFX is committed to maintaining the highest financial compliance standards and professional conduct. Very good customer support, Chrstiaan was very polite and helpful in setting up my account. In terms of actually trading, I’m a bit unsure on how the lot sizes work, it’s like 0.01 on every other broker is 0.10 on here.

ATFX trading conditions – are they competitive?

Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. For enhanced trader confidence, Trading Central is part of three associations for Independent Research Providers, including Investorside Research, Euro IRP, and Asia IRP. Trader Central is also a Registered Investment Advisor with the SFC (Hong Kong) and SEC (US). ATFX does not have any features that make it stand out from the rest of the competition. In fact, it has mostly below average offerings when compared to industry standards. This also includes the transparency of information and the accessibility of useful data.

atfx review

Spreads fee details

For those who choose the Edge account, the is a minimum deposit requirement of $5,000. It is currently owned and operated by AT Global Markets and is registered at the 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom. The broker is regulated by FCA, CySEC, MiFID and authorized to offer its services in EEA countries. If you wish to find out more about what ATFX is, what they offer, their fees, trading platform, regulation and so on, we recommend reading this review. ATFX is a broker founded in 2014 that has been gaining popularity in the forex and CFD industry since its foundation.

Maximum leverage

For each event on the calendar, you will see the time, currency, importance, event, actual, forecast, and previous figures. For convenience, ATFX offers an updated list of trading conditions for each individual asset. These are divided by category, such as forex majors, minors, and exotics. Other categories include metals, oil, indices, cryptos, and shares. There are also spread betting trading conditions outlined for FX majors, FX minors, metals, oil, and indices. This is a great way to get a feel for the offerings of the broker.

Once logged in to the MT4 platform, you will need to register for your social trading account by clicking on the ‘auto trading’ button. It has to be noted that traders are required to keep at least $5,000 in their Edge accounts, to maintain their status. ATFX reserves the right to change Edge accounts to Standard in the event this minimum equity is not maintained.

Remember that the MT4 platform will send the transaction instructions to the given MT4 server. To opt for an Edge Account, you simply create your ATFX via the regular process. Once you validate the live account, you can contact ATFX customer service to switch to an Edge Account.

ATFX continues to improve because of the recognition and trust of our customers. Check out our client reviews to learn why ATFX is a world-leading broker. The company has a strong global presence and license regulated, recently expanding its reach to Australia and Iraq, and more exciting expansion. ATFX also has its own self-developed accounting system which is automatic. It ensures that withdrawals are only possible when the identity of the client matches the information on the account.

Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. In terms of its client coverage, they aim its CFD trading services at retail traders who use or are interested in using the MT4 platform. The exact trading conditions https://traderoom.info/ for every one of the supported indices, metals and currency pairs are made available in great detail in the trading conditions section of the ATFX website. According to ATFX, the platform prides itself on offering clients a seamless and flexible process for depositing and withdrawing funds through its Client Portal.

  1. MiFID regulates financial institutions that provide investment services and activities, specifically in the European Economic Area.
  2. You get the flexibility to adapt to your trading strategy and full support for assets, allowing for diversification.
  3. ATFX is committed to maintaining the highest financial compliance standards and professional conduct.
  4. The company offers a decent range of trading account types that should suit most traders.

That, in turn, improves the transparency of trading conditions. For each product, you can view the name, minimum spread, contract size, and minimum and maximum lot size. Keep in mind that there are specific product specifications for each account type. Those include Retail – Standard Clients, Standard – Edge Account, and Professional Clients. Depending on the country that you sign up for ATFX in, you may have access to a bonus.

It was also the Best Forex Broker 2017 at Tapei International FinanceWord Forum FinanceWord. This is a daily market report and you can download it right from the ATFX website. Past market reports are also available on the same page, including those from the last few months. Keep in mind that you can only request one withdrawal each day.

Since they are segregated, they cannot be used to reimburse creditors. ATFX has a strong commitment to ensuring that client funds remain safe at all times. The https://traderoom.info/atfx-a-reliable-broker/ company uses the latest encryption technology currently available to protect data. This is combined with effective protection measures and strict supervision.

There is an 800 number from the UK and a separate number for calls from outside the UK. Email addresses are for general information, complaints/disputes, partnerships, support, and sales inquiries. You can also contact support via live chat in the bottom right corner of the page. To help traders make educated decisions, ATFX has a daily market report. This includes the latest overviews for sentiments and technical elements. The report has sentiment figures related to both small and large players.

ATFX does offer a demo account that allows traders to get a feel for the platform and what’s on offer. The paper trading account is also useful for professionals who want to test new strategies. Our market analysis includes both fundamental and technical approaches to give you the best oversight of the financial markets. All major markets are covered including forex, commodities, indices, equities, cryptocurrencies, plus more. It is also important to know about the spreads on ATFX, which are competitive compared to other brokers on the market.