ATFX Review 2020 Must Read Before Opening an Account

Besides lots of currency pairs, ATFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Oil, Indexes, Metals, Spread betting and Crypto for your best choice. Customer Support is available 24/7 via phone, email, and live chat. ATFX does not have a local support team so the best method of contacting customer support would be via email or live chat. ATFX has partnered with Trading Central for market analysis, this includes providing traders with Trading Central’s MT4 Analysis indicators.

Things can go wrong in the world of trading, beyond making losses in your positions. Therefore, it is always important to cushion yourself against unforeseen circumstances that may befall a broker. Learn 2 Trade Team never contact you directly and never ask for payment. We have only two free Telegram channels that can be found on the site. All the VIP groups are available after purchasing a subscription. If you receive any messages from anyone, please report them and do not make any payments.

Overall, ATFX is a reliable broker that is dedicated to offering its clients a platform to trade successfully. Furthermore, the broker has won multiple reputable international and domestic awards for quality service and customer support. Additionally, the recent introduction of Client Funds Insurance offers protection and peace of mind to traders. 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.

In general, the broker has received positive feedback from traders regarding their trading conditions and offerings. However, we recommend that you do your research and evaluate whether the broker’s services and offerings suit your individual trading requirements. To open a live trading account with the broker, clients need to deposit at least $100 for the Micro account. The required initial deposit amount for other account types varies. Trading is done via MetaTrader 4 with support for all devices, both mobile and desktop. The range of deposit and withdrawal methods offers something for most traders.

Global Regulation

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor’s degree in Economics and International Relations.

Platforms and Tools

1. However, a look at customers who have been served by actual ATFX platforms has good testimonials.
2. Professional client classification is also available from ATFX.
3. Usually, forex brokers like to provide one simple web trader for beginners, and MT4 for more advanced traders, so this is definitely a feature that is lacking when it comes to trading with ATFX.
4. ATFX has partnered with Trading Central, the world’s best market analysis resource.
5. Edge, premium, and professional accounts have additional perks such as a premium account manager, one-on-one Skype session with the Chief Market Strategist, and invitations to ATFX events.
6. In this page, you will first be asked to select your preferred language.

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. There is access to 1-to-1 customer support 24/5 plus tight spreads and no commissions. Trading with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex.

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. Depending on the country that you sign up for ATFX in, you may have access to a bonus.

Depositing funds to an ATFX account

However, they are strictly regulated and this goes a long way in ensuring that the money of the client stays protected and the clients are treated fairly at all points in time. It would also be pertinent to mention that apart from Malaysia and other countries, they are also actively present in North America and the Middle East. One of the regulated brokers that we recently use in Forex Academy is ATFX.

1. The broker provides a variety of educational resources, market news, insights, and analysis as well.
2. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.
3. There are more than 50 indicators as well as over 30 tools to analyze charts.
4. Traders can access market analysis and news that cover Forex forecasts, trading strategies, financial events, and an economic calendar.

The spread for the Standard account is an impressive 1.0 pip. However, as far as the Edge account is concerned, the spread is not too impressive at 0.6 pip. The Premium account spread is unpredictable and it is called raw spread in market parlance.

The forex broker offers two real trading accounts (one for beginners, one for advanced traders) and a free demo account to practice and test out the ATFX trading platform risk-free. Additionally, it offers a wide range of trading instruments, some of which are not offered by other brokers. ATFX customers can trade in shares, CFDs, FX, Precious metals, currencies, cryptocurrencies, indices, and commodities. However, adding bonds and https://traderoom.info/atfx-a-reliable-broker/ ETFs can further increase the value of the ecosystem.

Deposits and withdrawals are free, and ATFX offers a free VPS service to traders with higher-tier accounts types. Islamic trading accounts, also known as swap-free accounts, are designed for traders who cannot earn or pay interest due to their religious beliefs. These accounts comply with Islamic principles by not charging swap fees on overnight positions. However, it is recommended to visit the broker’s official website for the latest information on requirements and conditions for these accounts. ATFX supports various deposit insurance and investor compensation programs under its regulatory frameworks for retail traders opening trading account with CySEC and FCA regulated entities. These include schemes where the regulator compensates investors if an authorized financial firm fails.

On the other hand, deposits and withdrawals are cost-free, and the broker has a negligible inactivity fee. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

However, they do reserve the right to act as a market maker in certain circumstances. The company offers over 200 financial instruments to trade with including forex and CFDs in indices, commodities, cryptocurrencies, and shares. The company also holds periodic webinars and seminars for its clients.