ATFX Review 2023 Are They Trusted?

best atfx broker review
best atfx broker review

The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff. Scalping is allowed, and automated trading is possible, as already noted. The company also offers the opportunity for clients to trade on raw spreads paired with free VPS. They state that they operate an ECN model, using STP (straight-through processing) technology, without any dealing desk interference. However, they do reserve the right to act as a market maker in certain circumstances.

At the moment, we recommend trading with reliable broker like ATFX, fully regulated and with an innovative approach. No information is provided on fees charged for withdrawal requests. According to the FCA, ATFX is allowed to operate in the UK but not in the US, Belgium, or any other country where such type of trading would go against local law or regulation.

Financial Security for traders

Accordingly, to them, it is very high for those who wish to operate and maintain non-standard accounts. The minimum deposit amount for any Standard account is $500. Ask any trader or any expert on online trading of financial products and services, they will have a few things to mention about the payment systems. Any reputed and reliable ATFX review will prove that this service provider is super-fast when it comes to both withdrawals as far as deposits.

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.

Typically, the MT4 platform is better for more advanced users. In addition to the two accounts detailed above, new users also have the option of opening a Fusion Markets demo account. As the name suggests, this is an account that lets you try your hand at forex or CFD trading without actually risking real funds.

Mobile trading platform

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Only the NFA regulated brokers featured on this site are available to U.S. customers. ATFX is a relatively new broker, but they have invested heavily in making a solid trading platform. Education and market analysis are strong and spreads are relatively tight compared to other brokers of a similar type, though only the MT4 trading platform is supported.

  • They can be found in different languages such as English, German, Spanish, and more.
  • A small fee may apply if you are depositing funds with a non-UK credit or debit card, but aside from that, the official website claims that no fees apply.
  • After registration, you can start copying fellow traders, although this is usually not free of charge.
  • 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.

The existence of this platform alone, coupled with the limited number of assets, may be a threat to other trading platforms. As mentioned above, ATFX has partnered with Trading Central for market analysis, this includes providing traders with Trading Central’s MT4 Analysis indicators. In addition, all ATFX customers gain access to AutoChartist, a powerful pattern recognition tool that monitors all markets to find the best trading opportunities based on real-time technical analysis. 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. We may receive compensation when you click on links to products we review.

Customer service

Learn2.trade takes no responsibility for loss incurred as a result of the content provided inside of our Telegram groups. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision on the trades you place in the markets. On withdrawals, the company accepts credit and debit cards, e-wallets, and bank transfer.

Trading assets online is never free but Fusion Markets is known for its low fees. What you pay to trade forex will depend on the account type you have. If you open the ZERO account, then you’ll pay a fixed commission of $2.25 in addition to the spread, which starts at 0.0 pips. If, on the other hand, you have the Classic Account, all fees will be included in the spreads, which start at 0.8 pips. We compared the Fusion Markets fee structure and spreads to other similar platforms and found them to be highly competitive. Fusion Markets made its name as a forex broker so it will come of little surprise that the platform offers a very respectable trading environment for those looking to deal in currencies.

You can trade FX, commodities, and indices, testing various strategies. It’s a valuable tool for trading newbies as well as those who want to implement new strategies risk-free before transferring them to a Live account. Each MetaTrader has a dedicated Android, iOS, and Huawei app.

Which platforms are supported by ATFX?

MetaTrader 4 for Windows has multilingual trading support plus multi-currency support. MT4 Desktop offers custom indicators and https://forexarena.net/ the ability to customize libraries, EAs, and scripts. All trading on ATFX is done via the popular MetaTrader 4 platform.

Switch to a real account and deposit the minimum funds necessary to start trading. ATFX offers a Quarterly Market Outlook, allowing you to monitor changes and trends in the financial market with detailed fundamental and technical analysis. It is designed to help you develop an effective trading strategy to make long term profits. A series of educational resources is available at ATFX, such as market analysis, financial news, economic calendar, trading seminars, webinars, education, etcetera.

What is the rating of AAFX?

AAFX Trading has a consumer rating of 4.47 stars from 96 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with AAFX Trading most frequently mention demo account, long time and high leverage.

This is particularly useful if you are new to trading, as the learning curve can be quite steep and having a demo account gives you the opportunity to make rookie errors without paying the consequences. ATFX is an award-winning global spread betting, forex, and CFD broker headquartered in London. The company provides a platform where users from around the world can trade and make money in the financial market. ATFX also provides additional tools to traders to empower them achieve better results in their trading. ATFX was started in 2017 and is regulated by the Financial Conduct Authority . It is owned by AT Global Markets, a company that is also a member of the Financial Services Compensation Scheme.

If you try to open a retail account from Europe at the moment you will get the above image. ATFX is well regulated by the ‘Tier 1’ Financial Conduct Authority in the UK , Cyprus Securities and Exchange Commission and the Financial Instruments Directive . There is also international regulation for ATFX in other jurisdictions. The first thing to look at in our ATFX broker review is the most important, let’s quickly get to the bottom of if ATFX is a scam or not. Additionally, the offshore entity supports NganLuong and local bank transfers in THB, VND, MYR, and IDR. SimilarWebtraffic analysismainly complies, showing the broker had over 130,000 visits in February 2023.

Furthermore, traders have access to over a dozen indices, alongside stock CFDs and cryptocurrency CFDs. As mentioned before, ATFX specializes in FX trading, offering dozens of different currency pairs, while constantly reviewing its product range. There are also many free automated trading robots, but many of them are scams and work with unregulated brokers, read more. The Web Trader is a much simpler platform, which is obviously less powerful than the downloadable MT4 in the way of charting options and trading tools. It too can be used for opening positions though, and its execution is indeed rather impressive.

ATFX broker offers variety of educational sourcesThere are also a number of interactive webinars and also many informative and useful videos. When you make use of all these and spend limited time on MT4 platform you will certainly be platform ready and will be raring to go. It also allows the atfx trading platform traders to add as many indicators as they want apart from getting the help and assistance of expert advisors and tools. The impressive thing about the MT4 platform is that all these tools are automatic strategies and they will do the entire trading for the traders at any given point in time.

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This way, you can find any asset and use the available advanced trading tools with it. Professional client classification is also available from ATFX. Professional clients do not have to deal with the margin increases from the ESMA changes in 2018. The European Securities and Markets Authority restricted certain products for retail clients starting Aug. 1, 2018.

best atfx broker review

They also offer a reasonably wide variety of choices when it comes to trading in different types of currencies. They offer combinations such as GBP/USD, EUR/USD, USD/AUD, and EUR/GBP amongst other options. All these are quite impressive and therefore customers and traders can be sure that ATFX trading, ATFX bonus and even ATFX spread are completely protected. MIFID ensures that all investment firms including ATFX are able to offer the best of efficiency, transparency, competitive business dealings and most importantly 100% consumer protection.

The most notable features of ATFX worth are that they offer decent liquidity, competitive spreads, and offer award-winning customer service. The company is headquartered in the City of London and is regulated by the Financial Conduct Authority . They also ensure that client funds are held in segregated accounts, separate from the company’s own capital. The group AT Global Markets is also a member of the Financial Services Compensation Scheme , this covers eligible investments of up to £85,00 per person, per firm. The trading platform at ATFX is the MetaTrader 4 platform which is considered the most popular and powerful trading platform in the industry.

Clients have the option to register for ATFX’s eBook, which will help them understand trading and learn how to enter the financial markets, free of charge. The free educational eBooks provided by ATFX will help clients overcome the struggles of trading by building on existing knowledge of the financial markets. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money.

How much is the minimum deposit in 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.

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