Contents:
Trading with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex. The goal of ATFX is to deliver the best https://forexarena.net/ possible trading experience. The broker has a client portal that is state-of-the-art and relies on the leading encryption systems.
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. 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.
The forex industry is populated by a vast array of traders with various trading needs, which most brokers aim to meet through the provision of suitable accounts. These may include commission-free accounts, low-spread accounts, and managed accounts. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money.
ATFX goes all in on US equities: FX broker adds 113 US stock CFDs.
Posted: Fri, 26 Nov 2021 08:00:00 GMT [source]
To deposit and withdraw, you just need to go to your account dashboard, select the process you want, and then follow the process. ATFX does not offer ETFs and bonds as other brokers are offering. While there are various other Forex brokers, we were curious to know how ATFX is operating and adding more value to its customers. Responding to the same, Joe Li said, “I would say the main difference between ATFX and its competitors is that we embody our business motto. We have always been obsessed with meeting our customers at their point of need.
Just like on the web trading platform, you can choose from many languages on the mobile trading platform as well. Changing the language is a bit tricky on Android devices, though. You can do atfx trading platform it only if you change the default language of your mobile. You can’t set alerts and notifications on the ATFX web platform. This feature is available only on the desktop trading platform.
The standard account has high spreads compared to other broker accounts, but it doesn’t charge any commission. Overall, the broker is quite competitive regarding spreads and commissions. The broker also offers a free demo account which is an excellent way for new traders to get started. Founded in 2014,ATFX is regulated by CySEC in Cyprus and the FCA in the UK.
Also, understand that the leverage used while copy trading is highly risky especially in such volatile markets, exceeding the amount allocated to copy a certain provider/s. There is also an economic calendar available from ATFX, with the expected information, such as time, date, currency, description, importance, actual, forecast, and previous. The offerings on ATFX in terms of education are somewhat limited. There is an FAQ section for trading as well as one for MetaTrader 4, both of which will answer the basic questions. In terms of pricing, most traders will have no-commission accounts via the Standard Account type.
To open a demo account, you need first sign up with them to your preferred account and then follow the instructions to open a demo account. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the ATFX offering. Each one of these is graded, and an overall score is calculated and assigned to the broker.
ATFX is a broker offering the ability to trade a range of assets and aims to make their platform simple to use with support for the MetaTrader 4 software. ATFX prides itself on offering competitive pricing for clients. Trading with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex.
The goal of MiFID was to harmonize financial market governance in the EEA. It also aims to improve financial transparency, efficiency, competition, and consumer protection. With MiFID, investment firms are able to freely offer services within other member state’s territories or those of third parties.
ATFX is a relatively new CFD broker, founded in London in 2017, but has expanded rapidly in recent years, winning widespread recognition from traders and its industry peers. As such, the FCA provides numerous protection measures, including a compensation scheme that covers client losses in the case of broker insolvency. These are names to protect consumers, protect and enhance the integrity of the U.K.
Technical Indicators – You can add lots of technical indicators including from leading tools likeTrading Central, Autochartist and FXblue. Straight Through Processing trading involves the highest quality trade execution and minimal latency. ATFX is a Forex and CFD broker and is a part of AT Global Markets, an international investment holding company. ATFX Connect is a trading name of AT Global Markets Limited, based in London, and are authorised and regulated by the Financial Conduct Authority . ATFX’s fintech arm, London based ATFX Connect, was launched to cater to institutional clients. Yes, the company is a regulated broker and it’s regulated by the Cyprus Securities and Exchange Commission .
You can request the withdrawal manually from the client’s area on their website. The withdrawal request will be processed within 24 hours. However, it might take longer for the funds to reflect in your account due to the bank processing time. The deposits and withdrawals are secured with the latest 128-bit SSL encryption technology. The clients’ personal information is also safeguarded with the latest security measures.
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.
The company charges no fees, and the request is typically processed within 24h. However, we’ve found reviews where people complain about withdrawals, especially those dealing with an offshore entity. Additionally, for the Premium account, the broker allows access to all educational materials, one-on-one coaching with a chief market strategist, and a free VPS. 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. They also provide market insights and outlook to guide traders.
You can easily view your profit/loss balance and the commissions you have paid. We tested credit card withdrawal and it took 2 business days. This selection is not the best on the market, lagging behind that of competitors including XM. ATFX’s account opening process is straightforward and fully digital.
Overall, the firm is a well-regulated broker that offers its clients a good range of tradable assets and safety features. As mentioned above, ATFX has partnered with Trading Central for market analysis, this includes providing traders with Trading Central’s MT4 Analysis indicators. ATFX offers three account types with different trading conditions and deposit requirements. Spreads are relatively tight and, like most brokers, get tighter on the accounts with larger minimum deposits. Today’s investors require extremely tight spreads, deep liquidity, market transparency , anonymous trading, low slippage and latency. However it is not easy to meet all these requirements ,especially the investors demands differently on pricing and trading execution.
Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objective, experience, and risk appetite. Like any investment, there is a possibility that you could sustain losses of some or all of your investment whilst trading. You should seek independent advice before trading if you have any doubts.
They are also available for download in the Analysis section of ATFX. They include a number of older reports so you can view historic information. As with the market reports, the Fundamental Commentary is from a third-party and ATFX does not take responsibility for accuracy.
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.
WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. On our website, you can see that some users have reported scams.
ATFX offers several online trading services, spread betting (UK and Ireland clients only) and CFD trading. These are some of the most popular ways you can trade instruments like forex, equity indices, cryptocurrencies, commodities and shares.