ATFX Review Forex Brokers Reviews & Ratings
The broker also has a Trading Central, a client portal, and an economic calendar, which we discussed in the research and education section. Other than the mentioned proposals, we did not find additional tools to mention here. Various payment methods are available for ATFX’s clients to deposit funds into their trading accounts, including Bank Wire, Credit/Debit cards, Skrill, Neteller, and Perfect Money.
How to Open an ATFX Live Account?
Therefore, it appears that ATFX does not offer services to retail clients, at least for now, so you cannot register with this company. We will provide a sign up guide for you if this changes in the future. Also, there’s a demo account offered by the broker for practice trading and testing strategies with virtual money. 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. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card.
Is ATFX a regulated broker?
IBs also receive a dedicated account manager, personalized support, advanced training, and marketing resources to help grow their business. ATFX has a comprehensive offering that caters for any traders, whether beginners, experts, or professionals, despite their trading needs or demands. Explore our unbiased reviews of our trusted forex brokers to enhance the performance of your portfolio. There are numerous investment options such as CFDs, Crypto, and stocks that you can discover the best for your trading needs. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
Risk-free and free demo account
With MT4, you have access to a diverse atfx review range of chart analysis tools including over 30 indicators and technical analysis tools. You can use this feature to build your faith in the system and yourself and your trading strategies. Traders can choose between the full suite of MT4/MT5 trading platforms and the proprietary ATFX Mobile Trading App for mobile traders. MT4/MT5 are available as powerful desktop clients, lightweight web-based alternatives, and popular mobile apps. The ATFX account types depend on the entity and regulatory environment.
Demo Account (Free)
- Therefore, traders may have to search for answers using their favourite search engine.
- This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset.
- The entry threshold is higher than that of some competitors, so you’ll need a more solid capital base to trade comfortably.
It, however, has issued an Excess of Loss policy and operates on a ‘best execution’ basis. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. ATFX provides 24/5 multilingual support over live chat, email, and phone.
Specifically, ATFX Global Markets (Cy) is located at 159 Leontiou A’ Street, Maryvonne Building, Office 204, 3022, Limassol – Cyprus. As said in the beginning of this ATFX review, the brokerage is fully MiFID-compliant. What this means is that customer capital is held in segregated accounts, with reputable European banking institutions. The capital adequacy requirements set forth by the MiFID framework are more than met by the broker.
- This typically includes a government-issued ID and proof of address, such as a utility bill or bank statement.
- The broker does not charge any fees for deposits or withdrawals but imposes a $10 inactivity fee on dormant accounts.
- ATFX can also use sophisticated market language when talking to professional clients and assume higher experience levels.
- It also includes the full flexibility of the Desktop platform plus advanced charting.
- Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.
- As part of the account verification process, you’ll need to provide valid identification documents.
This platform allows traders to exchange competitive strategies by emulating each other. Consequently, you are charged more for non-trading actions on your trading accounts, like withdrawal and deposits. ATFX is a foreign exchange broker with its head office in Cyprus and provides a range of tools for online trading. Since its establishment in 2014 they have emerged as a top player in the industry of online trading. ATFX has an extremely reputable and full-featured trading site that is focused on forex, indices, metals, stocks , commodities.
You’ll have to provide an identity proof and proof of residency to deposit large sums. When you move money into your trading account by your bank account, a deposit fee can be charged by the broker. But this does not mean that online brokers don’t charge any fees.
For example, on major currency pairs like EUR/USD, the spread starts from as low as 1.8 pips. The spreads are subject to market conditions and can vary with volatility. CFDs (Contracts for Difference) allow you to trade financial markets without owning the underlying asset. ATFX enables trading in both directions—long and short—allowing you to profit from both rising and falling markets. You can trade CFDs on a wide range of instruments, including Forex, commodities, and shares. The ATFX IB program offers a competitive commission structure, multi-level earnings, and instant commission payouts.
Account Types and Terms
Moreover, the withdrawn money will be transferred directly to the account you use to make deposits. This ATFX review page contains information about investing with ATFX. It is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell securities or stocks.
ATFX provides MetaTrader 4 and MetaTrader 5, catering well to traders who favor these platforms for its robust functionality and established market presence. ATFX is a trustworthy broker, authorized by the FCA and holding a score of Trusted, as ranked by ForexBrokers.com. This regulatory oversight assures traders of a secure trading environment, although it’s important to note that ATFX is not listed on any public stock exchange. Whether you’re a beginner or an experienced trader, ATFX’s pricing model and customer support make it an attractive choice for those looking for low-cost and efficient trading solutions. Yes, ATFX offers CFD trading across several asset classes like Forex, commodities, and indices.
Following processing, funds will usually clear between 1 and 3 working days. International bank wires typically require 3 to 5 more working days to appear in your account, depending on the bank. Refunds to debit and credit cards typically finish processing in 2 to 5 days.