ATFX Reviews Read Customer Service Reviews of atfx com
Once you’ve done that you are free to trade as much as you want. As you can see, the main difference is that the Edge account provides traders lower spreads compared to the Standard account. There is not much information provided on the supported countries. However, the broker is regulated in the European Union and MiFID, meaning ATFX can provide its service in most of the countries in the globe. ATFX is a broker founded in 2014 that has been gaining popularity in the forex and CFD industry since its foundation.
How much money should I deposit when I begin?
Using a forex demo account lets anyone trade with real-world prizes but without using real money. Such accounts are a good way to understand how to read charts and experiment with different trading strategies. The good thing about demo trading is that you can use all the same tools and mechanics you will still encounter while trading with a real account. It starts with the New Zealand opening, followed by Australia, Tokyo, and London, and finally closing in New York.
Trading and non-trading fees
With that approach, you may choose between a web-based platform or downloading the software package before installing it on your computer. Yes, as a UK-regulated broker by the FCA, ATFX also complies with the Complaints and the Financial Ombudsman Scheme (FOS). As you can’t open a retail trading account with them anymore, you can check our broker https://traderoom.info/ comparison page. It has to be noted that traders are required to keep at least $5,000 in their Edge accounts, to maintain their status. ATFX reserves the right to change Edge accounts to Standard in the event this minimum equity is not maintained. There’s flexible, non-stop long/short trading, which in Forex terms translates to 24/5.
ATFX Risk Disclaimer
One of the advantages of ATFX is the ability to trade the MT4 via the user’s dashboard. ATFX takes regulatory compliance seriously, ensuring transparency, client protection, and adherence to industry standards in all the markets they operate. Margin is the deposit with your broker to control a much larger position size.
Zenit World Elevates Trading Experience with Powerful MT5 Integration
The iPhone MT4 application includes the most useful features, such as EAs and customizable indicators. Either mobile version has the full functionality and all of the tools of the other versions. It includes real-time information that helps with the decision-making process. MT4 for iOS or Android also includes advanced charting, such as customization and rapid analysis. You get the flexibility to adapt to your trading strategy and full support for assets, allowing for diversification. These include a lack of negative balance protection and waived restrictions on CFDs.
Can you make money with ATFX?
The use of Expert Advisors allows for automated trading strategies. MT4 also has enhanced trading speed and is known for its robustness and stability. That, in turn, improves the transparency of trading conditions. Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany. Keep in mind that this bonus is not available to all clients.
I have worked with other brokers and definitely none have given me the experience that ATFX has, switching to ATFX has been the best decision I have ever made. ATFX is reputable and scandal-free, with a seasoned market presence indicating its legitimacy. Beware of cloned websites posing as trusted brokers like ATFX. Yes, ATFX is regulated and licensed by the Financial Conduct Authority. Together with the Cyprus Securities and Exchanges Commission and the MiFID, it is one of the most trusted and well-reputed regulatory agencies in Europe.
Also, they’ve added Autochartist analytics to their WeChat Account for their Chinese clients. According to its official website, ATFX is in fact registered and approved in all EEA countries. When it comes to data security, ATFX makes sure your data is secure with SSL encryption.
- Another positive thing about it is that no fees are charged, no matter what payment method you choose, be it debit or credit cards, e-wallets or wire transfers.
- ATFX offers a limited selection of assets for CFD trading, some of which include 15 indices and more than 50 individual stocks.
- Forex investment opportunities exist because currencies constantly fluctuate due to their changing demand and supply.
- ATFX is a co-brand shared by multiple entities, each authorized and regulated in their respective jurisdictions.
In 2019, ATFX also earned the World Forex Awards for providing the best trading educational program in the industry. Also, it won the ADVFN International Financial Awards for Best Customer Service. ATFX provides award-winning customer support, having been chosen as the broker with Best Customer Service in https://traderoom.info/atfx-a-reliable-broker/ 2019, by ADVFN. Having proclaimed itself a Forex broker and CFD brokerage, ATFX features a fairly standard product selection for this industry. The company offers over 200 financial instruments to trade with, including a range of forex pairs, and CFDs in indices, commodities, cryptocurrencies, and shares.
Additionally, the Duke of Edinburgh Cup is a known charity that has Royal Patronage. This lines up with the philosophy of ATFX, which further encouraged the broker to sponsor the event. This particular event is long-standing, with 18 years of events. Over 20 countries from five continents have participated and there have been over 134 tournaments.
Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
The only requirement is that the investment firm must have authorization for those services. That being said, it is not available to clients in certain countries of the world. These include Yemen, Vanuatu, Tunisia, Trinidad and Tobago, and Sri Lanka.