Contents:
This means that every ATFX client referral case leads to gains. Every closed deal from your referral https://forexarena.net/ leads to a commission. Commission payments are instant without hidden charges or fees.
The capital adequacy requirements set forth by the MiFID framework are more than met by the broker. It’s been a year now trading with ATFX and everything went fine till now, they have helpful customer service and they operate with the MT4 platform for trading which is really easy. A great service among the few I’ve dealt with, fast withdrawal process, and fast execution. The minimum amount you are required to deposit in order to start trading is $200 for the Standard account and $5,000 for the Edge account. 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.
Updates focus on specific products and include predictions, influences, and more. 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. This occurs when the market price reaches the correct point.
Although ATFX was launched in late 2014, the operator is a genuine veteran of the online Forex/CFD scene. Before its stint as ATFX, it used to be known as Positiva Market Ltd, racking up experience under that name. As a matter of fact, the Positiva name still shows up at various points throughout the official ATFX website, atfxgm.eu, most prominently in their Terms and Conditions section.
We may receive compensation from the companies we write about. Always verify that your broker, is licensed by your local financial regulator. There are also many free automated trading robots, but many of them are scams and work with unregulated brokers, read more. Tickmill continues to grow from strength to strength by offering traders just what they need to be successful in the markets. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms.
ATFX Fees
Coming to the asset classes, you can choose from a range of CFDs in FX, commodities, indices, and cryptocurrencies. For some reason, ATFX has not included CFDs in shares or ETFs, one of the reasons for the small number of financial instruments on offer. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. The ATFX broker account can be opened effortlessly with a fast procedure. The customers will be required to fill in a form available on the company’s website.
You can use a demo account, read books and participate in webinars, among others. Options for funding your account include bank transfer, credit/debit cards, and electronic wallets. ATFX spreads will vary depending on the type of account you open but the standard conditions are largely very competitive (starting from 1 pip for EUR/USD). The very best conditions are offered via the ‘ATFX Edge Account’.
ATFX introduces new copy trade program for its Southeast Asia clients – Leaprate Forex Trading News
ATFX introduces new copy trade program for its Southeast Asia clients.
Posted: Mon, 04 Apr 2022 07:00:00 GMT [source]
If cash is left in the account the company opens trades without the authority of the trader against the market so you lose cash without trading. 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.
Is ATFX legit? Should you trade with this broker?
ATFX is also regulated in the Middle East and North America, and falls under the regulation of CySEC in Cyprus, making it an EU-compliant broker. Founded in 2014, ATFX was created to serve the global financial community of investors in Forex, CFD, bullion, and commodity trading. All of these instruments can be executed on one platform and offer the best opportunities to all investors. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Is ATFX a regulated broker?
ATFX Global Markets (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) as a CFD broker.
The platform offers a number of features such as custom indicators, automated trading with expert advisors, charting tools, and the access to the MQL5 marketplace. None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information.
Broker Information
I’m happy that as a beginner, they provided useful tools to aid me. Holds client funds in segregated accounts that are kept separately from the company’s own capital. It’s an incredible platform and I loved the customer service, they are very attentive to my questions.
- As mentioned before the company is specialized in forex trading.
- Your capital is at risk of loss when trading CFDs at this platform.
- Customer support with ATFX is there on a 24/5 basis (meaning all day Monday – Friday).
- The advanced account version is the Edge account, which takes things to an entirely new level.
- ATFX has partnered with Trading Central, the world’s best market analysis resource.
ATFX brings the market to a broader spectrum of clients by breaking down barriers to trading and adopting the use of a user-friendly platform. As one of the top providers in Europe of trading services, atfx broker review ATFX offers both desktop and mobile device trading in a choice of financial instruments to suit all preferences. The website of ATFX is translated into several languages, including English and Spanish.
ATFX review – Trading Forex with Ease
All the above-mentioned features make the functionality of the brand exceptional. The user interface is perfect for beginners or trading veterans, and all the necessary tools are available to ensure a hassle-free and memorable online trading experience. The four retail accounts offer plenty of choice for individual traders. For traders who meet the right criteria the broker also offers a professional account.
Past performance in the markets is not a reliable indicator of future performance. It provides the MT4 platform that many other brokers provide. Customer service and cash withdrawals and deposits are also similar to what other brokers provide. ATFX is a reliable broker that offers a wide range of products and services. The broker is suitable for both beginner and experienced traders.
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. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. ATFX is a full-fledged CFD broker that offers a wide range of tradable assets across multiple markets.
ATFX Trading Platforms, Software, and its Features
The St.Vincent and the Grenadines government has clearly stated that they have no interest in regulating foreign Forex companies on their territory. They will allow them to register in the country, but that doesn’t mean that their financial regulator will be held accountable for their actions. Over the years, ATFX has earned numerous awards across various markets. It was named the Top Forex Broker 2017 by Third Session of Chinese Foreign Exchange Brokers Annual Conference HT Financial. ATFX was also the Best Branded Broker 2017 from Shenzhen Huiyu Financial.
ATFX does not have any features that make it stand out from the rest of the competition. In fact, it has mostly below average offerings when compared to industry standards. But the best news is that there are no fees attached whatsoever, depending on which option you choose though. If you go with Neteller, they may be a 4% commission due to the platform policy and not the broker policy. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. There have been reports of scammers approaching companies via Telegram, LinkedIn and Other Social platforms purporting to represent Blockonomi and offer advertising offers.
How long does it take to withdraw from ATFX?
E-wallet: Your funds will be back in your e-wallet within 2 working days. Credit/debit card: Once the withdrawal has been successfully processed, refunds will take around 2-5 working days.
They also provide trading strategies content on their website that is worth for a read. User friendly platform, responsive support team, useful tools and indicators, tight spreads are only few reasons why I find ATFX fit as my preferred broker in online trading. The account opening process is easy, and multiple options are offered for deposit and withdrawal, all free of charge. Professional and non-EU clients are not covered by any negative balance protection.
What is ATFX trading?
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.
The demo account will only require your first, and last name, phone number, email address, and country along with the investment amount that ranges from $1,000 demo credits up to $5 million demo credits. You will first need to select your preferred language of which there are 13, along with personal details, banking information, and referrer information, if any. The registration process will require name, gender, date of birth, country, address, email, phone, and documents along with bank name, swift code, branch city, branch name, branch province, and more.
Global Forex Awards 2022 winners announced – The Armchair Trader
Global Forex Awards 2022 winners announced.
Posted: Thu, 22 Sep 2022 07:00:00 GMT [source]
I don’t know if I’m allowed to share the links on here but you can contact them if you are finding it very difficult to withdraw your funds at, Scamrecoverysite at fastservice dot com All thanks to them. Neteller and Skrill are not yet available through this broker, although their website promises that they will both be available soon. Funds are credited straight to the client’s account when using credit or debit cards, although wire transfers could take several days to clear.
What is the minimum deposit on ATFX?
The minimum deposit at ATFX is $500. ATFX charges $0 for deposits. You can only deposit funds from accounts that are in your name. Visit ATFX's page to start the process.