ATFX Reviews Is ATFX Good & Safe?

Do note, however, that they do not support traders from the USA or Canada. The Standard account requires the least amount of initial deposit, only $500, and still comes with a dedicated account manager. The spreads are the highest on the Standard account, starting from 1.0 pips. However, the Bitcoin CFD spread starts from 40 pips, which sounds like a lot, but is rather competitive in the industry. Nonetheless, traders can trade Ripple CFDs for as low as 0.5 pips spread. Because there will always be people willing to deposit $10,000 or so and expecting some really good benefits out of it, such as better leverage or personal support from a professional.

They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with ATFX. ATFX mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. ATFX mobile trading refers to trading using a mobile phone. GBP, USD, EURO are supported by ATFX as account base currencies.

ATFX Professional Clients

The info is clear consider to open a trading account with them. They are the best trading platform, I believe the ATFX website and platform is superior compared to market alternatives. I have tried out many different brokers just to get the feel on each platform, currently using ATFX to trade Forex, so far so good, can rate for 5 stars. The spreads are competitive and I really love the support in education and advice, they help me grow my knowledge more. At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you .

Bonds can be bought and sold on ATFX after they are issued. While some bonds are traded publicly through ATFX, most trade over-the-counter between large broker-dealers like ATFX acting on their clients’ or their own behalf. Yield is therefore based on the ATFX purchase price of the bond as well as the coupon. The ATFX user interface is what ATFX traders will see and interact with first when trading with the ATFX trading platform. The goal of the ATFX trading UI is to make the ATFX user’s experience easy and intuitive. The ATFX application has good user experience and a good level of customer satisfaction.

Because of MT4’s popularity, there are also numerous guides and resources available online. Switch to a real account and deposit the minimum funds necessary to start trading. Trading is very simple, you will have the asset list on the left side of the screen, the charts where you can buy and sell assets on the right side and the trading history on the bottom. To trade with an asset, all you have to do is select one from the asset list and decide whether you want to sell it or buy it depending on what your strategy is. The first time you click on one of the two, a risk disclaimer will pop up and you will have to accept the terms and conditions before being allowed to continue. Once you’ve done that you are free to trade as much as you want.

The low initial deposit on the Standard account makes this broker one of the very few FCA-regulated Forex brokers operating from the City of London. ATFX also supports deposits using a handful of e-wallet providers such as Neteller, Skrill, and SafeCharge. Furthermore, clients can make deposits and withdrawals using a bank wire transfer. https://forexarena.net/ As a key CFD provider in the market, ATFX offers all key precious metal CFDs, including Gold and Silver. Client funds are held in segregated accounts in top-tier UK banks. Moreover, ATFX is a member of the Financial Services Compensation Scheme , which means your investment is fully guaranteed, up to £85,000 by the FSCS.

This is a big cheat by the broker with me.According to this price,return me whatever profit is made,Return Back My Profit As Per Closing Share Price 10.55. ATFX Broker have scammed with me and manipulated with the market I deposited $820 in ATFX Trading Account and Sell 960 Lyft Share Price on 16.02.

#2 Social Trading

ATFX offers a standard trading account, allowing ATFX traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich ATFX trading platform. Online trading platforms like ATFX are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with ATFX.

ATFX has a great mobile trading platform, offered by MetaTrader 4. ATFXdoesn’t charge a fee for withdrawals equal to or over €/$/£100, or atfx review for the full balance of the account (in case it is lower than €/$/£100). You can use the same methods for withdrawal as for deposits.

ATFX Platform Features

Find Your Broker We helped new traders to find their path. ATFX also allows the use of EAs, or Expert Advisors, for automated trading strategies. Our ATFX reviewers also discovered you are free to install new EAs, indicators, and make full use of the open-source nature of the MT4 by participating in the MQL community. You’ll also be able to rest easy knowing that AFTX payments are always secure. The site operates with SSL-encryption and the broker even has a dedicated support email address for queries about transactions ().

The ATFX platform has a demo account and educational tool, but it may not be designed for new traders so focuses less on those educational features. Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. ATFX provides competitive spreads with no commissions, except for Edge accounts. All its functions are performed through MetaTrader 4, which supports all devices, both mobile and desktop.

The ATFX stop-limit order triggers a limit order when a stock price hits the stop level. A ATFX stop-limit order can be helpful when trading if you are unable to watch your trades all day. Apart from the restricted countries a ATFX trading account can be opened globally. ATFX trading accounts are available in over 194 countries.

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. If your Edge Account drops below the $5,000 equity minimum, ATFX may change it to a Standard Account.

Updates focus on specific products and include predictions, influences, and more. As expected from a broker, ATFX does indeed have an economic calendar. The broker refers to it as a “live forex news calendar.” The calendar is automatically updated so traders can have the latest information. It also includes the ability to check past events in the history. For each event on the calendar, you will see the time, currency, importance, event, actual, forecast, and previous figures.

A ATFX trading portfolio is a traders collection of investments, which may include a variety of ATFX financial instruments. A ATFX futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on ATFX. Typically, futures contracts are traded on an exchange such as ATFX; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling ATFX trader to the contract agrees to provide it. Cryptocurrency trading is not offered by ATFX, so you will need to find a ATFX alternative that allows you to buy and sell the underlying cryptocurrency assets. Check to see if CFD cryptocurrency trading is allowed in your region with a ATFX alternative and make sure you undertand the risks fully before trading.

Conclusion of the review: ATFX is a leading Forex broker

This broker did not score well during our testing process and is not recommended by our experts. We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead. To learn more about how we test and recommend brokers, read our methodology. ATFX has gained the reputation of running a smooth operation within a relatively short period. 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.

• People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
• ATFX stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on ATFX.
• In addition to the daily market reports, ATFX also offers Fundamental Commentary.
• Furthermore, clients can make deposits and withdrawals using a bank wire transfer.
• As a result, you’re charged more for non-trading actions in your trading account, such as deposits and withdrawal.
• MT4 comes in 3 versions, covering Windows, iOS and Android compatibility.

The main aim of ATFX Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with ATFX. As a ATFX Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like ATFX.

We didn’t like that you can’t use biometric authentication to log in to the app. Most brokers have this function (e.g. via fingerprints or FaceID) to save you from having to type in your password every time, making it a convenient feature. 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. Had experienced a super good client support experience and quick response. With this broker you can invest in a very wide range of financial products.

Here are some of the main differences between the two accounts. If you do not come from any of these countries, we recommend contacting customer support to find out whether ATFX provides services in your country before signing up on it. ATFX does not only provide useful tools to traders, but they also make sure that traders are educated with Online Trading fundamentals, strategies, and risk management techniques.

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 does not have any features that make it stand out from the rest of the competition.