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. However, clients should keep in mind that these promotions are not typically available to all jurisdictions. However, in the past ATFX has offered a $100 USD welcome credit promotion. atfx broker review This only requires opening up a Live Account and then depositing $200. To this end, the broker regularly attempts to enhance the options for depositing and withdrawing, making the process secure, highly efficient, and easy to use. These include a lack of negative balance protection and waived restrictions on CFDs.
When testing mobile apps or mobile products, we test on both Apple and Android devices. For Apple, we test with the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 13. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The company has a strong global presence and license regulated, recently expanding its reach to Australia and Iraq, and more exciting expansion.
With a strong focus on customer service and a comprehensive suite of trading tools, it’s a popular choice among traders. ATFX is a globally recognized CFD broker that offers top-tier online trading services and platforms to retail traders. With a mission to provide first-class service, advanced technology, and exceptional value, ATFX is committed to putting its clients first and providing 24/5 support services. ATFX provides traders with access to a wide range of financial instruments, including currencies, commodities, indices, and cryptocurrencies. Traders can execute their trades using the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are known for their advanced features and user-friendly interfaces.
Determining the legitimacy of a forex broker (and avoiding forex scams) can be a real challenge. If your broker lacks regulation, and you are scammed in any way, you often have no recourse for recovering your funds. Check out our visual breakdown below to get an idea of how ATFX’s status as a High Risk broker compares to the average Trust Score label in our database of 60+ forex brokers. Broker does not offer an Islamic account without overnight swaps, and that common account option was not listed among the available account types on the broker’s website when this review was written.
- In order to begin taking their service, one needs to make a minimum deposit of $500.
- When it comes to educational resources, you can access tons of learning material directly from the website, under the ‘Education’ tab or sign-up for a one-on-one coaching session.
- Social trading at the company is only available via their collaboration with the MT4 trading software and community.
- ATFX is also regulated by the Cyprus Securities and Exchange Commission (CySEC), and Market in Financial Instruments Directive (MiFID).
- So, irrespective of your experience or trading style, you are covered.
- You can take advantage of 24/5 customer support through Live Chat, Phone lines, and Email at ATFX.
Short time for withdrawal and good service from my account manager, also provide the weekly education on their trading tools, able me to start trading with good knowledge about market and trend. 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. He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. The exact trading conditions for every one of the supported indices, metals and currency pairs are made available in great detail in the trading conditions section of the ATFX website. The first thing you need to do is go on the official website and look for the sign up button.
ATFX Broker Review
There are some very positive aspects of the broker, such as the availability of the MT4 trading platform as well as the education and resources section of the website. The broker has succeeded to acquire the needed regulation and STP/NDD connection to liquidity providers that removes the conflict of interest and offers traders better spreads and commissions. Offering access to a range of technical strategies and indicators, this is great value for clients.
What can you trade?
And the Scripts feature gives traders the opportunity to set up an automatic repetition of specific operations such as closing all positions with a single keystroke. Funding can be done using credit cards, debit cards, or wire transfer, as well as electronic payment methods such as Skrill and Neteller. ATFX does not impose any minimum requirements on deposits or withdrawals, but the payment channels themselves may do so.
ATFX Review 2020
The vast majority of retail client accounts lose money when
trading CFDs. You should consider whether you can afford to take the high risk of losing
your money. Please read the full risk disclosure on pages of our Terms of Business. The most popular payment option is MasterCard or VISA credit and debit cards, but you can also use e-wallets such as MoneyBookers, Neteller, and others.
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The broker has won several awards for providing good service and prioritizing customer satisfaction. The screenshot below displays some of the awards that ATFX has received. The platform is available as both downloadable and installable software, or as a web-based service.
These are divided into categories, such as forex majors, minors, and exotics. 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. The services at ATFX ensure not just to keep the investors aware by eliminating the chance of scams but also to educate them through webinars, coaching, tutorials, proper analysis, and alike. It is a trustworthy brokerage firm regulated by two reputable authorities, the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). These authorities enforce strict rules and guidelines to ensure that ATFX operates according to high standards.
While partners may pay to provide offers or be featured, e.g. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. The minimum deposit for an ATFX account varies depending on the type of account you choose. The Standard Account requires a minimum deposit of $100, the Pro Account requires $3,000, and the VIP Account necessitates a $20,000 deposit. They offer a wealth of educational resources, including webinars, tutorials, and e-books, designed to enrich and expand your trading knowledge. ATFX offers competitive pricing on a wide range of CFDs, including forex, commodities, indices, shares, etc. I’ve been trading with ATFX for the past three months, the customer service is very responsive and helpful.
With competitive spreads, swift execution, and responsive customer service, it provides a solid foundation for traders. Nonetheless, it’s important to weigh certain considerations before finalizing your decision. The minimum deposit requirement is relatively higher compared to some alternatives, and the platform may lack certain advanced functionalities. This includes unlimited access to TradingCentral (depending on your account type), where you can use expert market analysis derived from automated third-party services. This is completely unbiased, customizable, and spans over 8,000 financial instruments. It also offers trading signals, including price indicators, entry/exit signals, and slow and fast oscillators.
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They still provide you with the ability to trade all of the major pairs but offer a limited selection of minor and exotic currency pairs on their platform. ATFX provides traders with advanced trading tools such as daily technical analysis reports, charting packages, and automated trading strategies. Overall, ATFX provides an efficient way to manage deposits and withdrawals while offering some great deals on promotions.