ATFX Broker Review Forex Broker Analysis

In addition, ATFX provides clients with 24/7 customer support, with a team of experienced professionals available to answer any questions or concerns that traders may have. The company also prioritizes the security of its clients’ funds, with client funds kept in segregated accounts to ensure maximum protection. By examining its regulatory status, account types, trading platforms, fees, and other key features, we aim to provide an objective assessment of the broker. The broker does not offer very detailed information on its trading security measures.

Minimum Deposit

Since its establishment in 2014 they have emerged as a leading player in the industry of online trading. ATFX includes an extremely professional and full-featured trading site that’s focused on forex, indices, metals, stocks and commodities. The trading platforms offered by ATFX are outstanding and EAs are supported. The leverage levels are reasonable as well, and customer support is excellent.

ATFX Copy Trading

Pending order options include Buy Limit, Buy Stop, Sell Stop, and Sell Limit. All pending orders connect to company instructions within the server. The pending order is triggered, then transacted and executed in the form of a market order. It is important to remember that pending orders do not have guaranteed execution at their original price. Market orders are sent to the market, then executed at the market’s tradeable price. Following execution, the information regarding the transaction will go to the MT4 platform.

Is ATFX a recommended forex trading broker for experts and beginners?

ATFX is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker isn’t necessarily influenced by the number of customers they have.

There is also a phone number available if you are calling from outside the UK. After you’ve created your account you can move on to the deposit page to place funds in your account and start live trading. You will have to deposit at least $200 to be allowed to start trading.

Leverage

That division of ATFX is regulated by CySEC, the Cyprus Securities and Exchanges Commission. CySEC regulation provides brokers with access to EEA and EU countries. Also, the Middle East and Switzerland have access to ATFX UK via CySEC regulation. You should seek independent advice before making investment decisions. Any opinions expressed do not reflect those of ATFX.You can employ the advice of a CPA (Certified Public Accountant) to help you plan your financial goals.

ATFX is a member of the Financial Ombudsman Service (FOS), pledges data protection, while all client funds are in segregated accounts, and come under multiple investor compensation schemes. As with most platforms, the company pays withdrawals into the same account from which they made the initial deposit. They also provide an economic calendar and free quarterly market outlook containing longer-term analysis that covers all of the markets ATFX offers.

The FOS will investigate your complaint and deliver a response. For the best results and least hassle, ATFX suggests only contacting the FOS following a final response from ATFX. 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.

As you can see, the main difference is that the Edge account provides traders lower spreads compared to the Standard account. ATFX offers a variety of two account types – the Standard account and the Edge account. Here are some of the main differences between the two accounts. Many traders throughout the world choose ATFX due to their services that are trading.

You will then get some login details that you will be asked to keep in a safe place and that you will need for future access to the platform. Overall, ATFX does not charge any deposit and withdrawal fees and offers a fair selection of payment methods. The minimum amount you will have to deposit to be allowed to atfx review access the trading space is $200 for the Standard account. If you see that you are making profits, you can always deposit more. For those who choose the Edge account, the is a minimum deposit requirement of $5,000. ATFX offers the Trading Central, a research and technical analysis tool for all ATFX clients.

• There is then an economic calendar that you can access at any time.
• We are certain that the transfers are accepted in a variety of currencies but please contact customer support if you are not sure whether your currency is accepted.
• It works in all browsers and does not require any download whatsoever.
• However, it must be said that the withdrawals to debit/credit cards and to electronic wallets are only performed in US dollars, as opposed to the bank wires.

Account opening is quick and easy, enabling users to begin trading immediately, and there is a free demo account for those who want to undertake system and strategy testing. The Firm has taken the decision to cease providing services to retail clients, with immediate effect. 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. ATFX offers competitive pricing on a wide range of CFDs, including forex, commodities, indices, shares, etc.

The site operates 24/7, but markets are open for trading in line with the assets. For example, the FTSE can be traded when the London Stock Exchange is open. Note, ATFX only accepts professional traders so just the Premium account is now available. ATFX provides a list of default leverages for clients that can be found in its Trading FAQ section. Regulated in the UK, the ATFX group grew quickly, focussing on customer service and keeping trading costs low.

The Trading Central access provides professional data analysis and technical strategies for a range of assets. These include indices, precious metals, currencies, and commodities. Strategies are updated ten times every day for each product for up-to-date information.

These are dependent on the activities you undertake on your account. They’re billed for services like depositing cash, not investing for lengthy periods, or withdrawals. ATFX provides award-winning customer support, having been chosen https://forexarena.net/ as the broker with Best Customer Service in 2019, by ADVFN. As far as the Spot Forex offer is concerned, ATFX boasts great order execution, attractive leverage, and a superb client portal for account management – among other things.