I like that the Forex Academy team keeps reviewing regulated brokers for us, and I found this ATFX review very honest with all PROs and CONs. Once the document checking and credential checking have been completed ATFX broker reaches out to the traders and the account validation and the opening process is gone through. This is done quite efficiently and you can choose the language in which you would like details pertaining to your account opening.
- After registration, you can start copying fellow traders, although this is usually not free of charge.
- The platform has the capability to be used as a web-based platform through a web-based browser, and as an application on smartphones and tablets.
- To further promote the program ATFX provides a multi-level commission plan, to encourage partners to bring in more clients, as more clients equal more commission.
- You go through any reliable ATFX broker review you will get the same feedback as far as the completion of the initial registration process for account opening.
MT4 is available as a desktop download and as a web platform, running in browser. ATFX will also support the MT4 Android and iOS apps, for those who wish to trade on the move. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
ATFX cares, provides generousity in offering free learnings to newbie in the industry. Fast withdrawal execution, more options in payment gateways and reliable consultant supports. AFTX has a comprehensive offering that caters for any traders, whether beginners, experts, or professionals, despite their trading needs or demands. Holds client funds in segregated accounts that are kept separately from the company’s own capital.
The Financial Services Compensation Scheme is available to clients in organizations regulated by the FCA. The scheme comes into play in the rare case that ATFX cannot satisfy its repayment claims. In this situation, the FSCS provides as much as £50,000 in compensation per person for eligible investments.
To add to the previous methods of protection, ATFX is also partnered with EY, a professional audit organization, for added financial security and transparency. Only the funds used for credit card funding are fully returned before other payment methods can be used for withdrawal. Furthermore, they feature an Introducing Broker Partnership Program, designed for partners to earn rebates for clients they refer, without the need for an upfront investment. Firstly, ATFX’s website features an FAQ that contains answers to questions all beginners will need to know. Answers regarding trading hours, liquidation policy, a specific amount of leverage for different trades and more.
FCA warns of ATFX Global Trading / ATFXcoin – FinanceFeeds
FCA warns of ATFX Global Trading / ATFXcoin.
Posted: Thu, 18 Aug 2022 07:00:00 GMT [source]
The investing company also offers you a demo account to test your trading strategies. The demo account is funded with virtual money, and you can trade in the live markets without risking your capital. MT4 is one of the most popular trading platforms globally and is used by a large number of professional traders. The MT4 platform is available as a desktop, mobile, and web-based application.
What is the maximum leverage
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. 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.
The precious metals section is about Gold, Silver, and Palladium, while crude oil lists a couple of assets called US WTI Oil and UK BRENT Oil, as well as US Natural Gas Futures. The charting features of MT4 are well known, and in ATFX’s version, all these features are supported. Viewing positions directly on the chart, trading from the chart and placing quick orders is possible.
Courses range from economics, MetaTrader tutorials, social trading, cryptocurrencies, trading strategies to even covering capital management. As said in the beginning of this ATFX review, the brokerage is fully MiFID-compliant. What this means is that customer capital is held in segregated accounts, with reputable European banking institutions. The capital adequacy requirements set forth by the MiFID framework are more than met by the broker.
Put in plain and simple words, ATFX is a broker that has been around for many years now. They are a well-renowned broker who has the capability, experience and expertise when it comes to offering traders the facility to trade on a range of assets. One of the regulated brokers that we recently use in Forex Academy is ATFX. Our trader Petko Aleksandrov recognized a well-regulated broker in the face of ATFX and we decided to write a detailed ATFX Review for our students and traders. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service.
We tried contacting customer support within office hours and they responded quickly and efficiently. You can contact a member of staff Monday to Friday from 9 am to 5 pm. You can contact them by phone, email or through the live chat.
ATFX Review 2023: Is it Safe or a Scam? All the Pros & Cons – Blockonomi
ATFX Review 2023: Is it Safe or a Scam? All the Pros & Cons.
Posted: Wed, 03 Apr 2019 10:43:09 GMT [source]
On the other hand, many popular asset classes, such as futures, bonds, and optionsare not available to https://traderoom.info/. Once your account is activated and proven, follow with the money deposit. It is a trustworthy brokerage firm regulated by two reputable authorities, the Financial Conduct Authority and the Cyprus Securities and Exchange Commission . These authorities enforce strict rules and guidelines to ensure that ATFX operates according to high standards. 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.
Can I pay in other currencies other than USD?
Here you will find Introduction Courses, In-depth Courses, and wide range of eBooks. AT Capital Market’s CEO has since resigned from the company. 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. Presence of risk disclaimers, education and legal sections to evaluate transparency.
Through this, you’re able to refer new traders to their platform and receive rebate type rewards for it. When creating a demo account, you can select the amount of “funds” the account will have available to it. Furthermore, traders have access to over a dozen indices, alongside stock CFDs and cryptocurrency CFDs. Clients do not need to pay any registration fee when they open a live trading account with this broker. Yes, the investing company offers a wide range of educational content like video tutorials, webinars, and seminars. You can get in touch with their customer support via telephone, email, or live chat.
Hello “Dr.HS”, We’re sorry to hear about your dissatisfaction with our service. We pride ourselves on the high service level standards we maintain and would like to fix the issue you’ve experienced at the earliest. Hello “Ahmed”, We’re sorry to hear about your dissatisfaction with our service. Stay up to date with the financial markets everywhere you go. ATFX does not have any features that make it stand out from the rest of the competition.
As part of its FCA regulation and authorization, ATFX follows the agency’s strict regulatory requirements. These include the fair treatment of clients and the protection of client money. ATFX uses the most recent bridging technologies to get the best rates from its liquidity provider.
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. Also, the people here are very professional in dealing and responsive customer support. ATFX has an office here, and has provided several workshops in different areas.
The commercialisation of services and the acquisition of clients can only be carried out in Spain by an authorised entity or through a tied agent. With this broker you can invest in a very wide range of financial products. The info is clear consider to open a trading account with them. ATFX is the best trading platform, I’ve been with them for 1 year. ATFX has improved tremendously over time, substantially good effot to ease processes for traders.
ForexFraud.com is an affiliate partner with various brokers and may be compensated for referred Traders. All reviews remain unbiased and objective and immediate action will be taken against any broker which is found to be in breach of regulation. These partnerships have proven to be great aids in the furthering communication between brokers and our visitors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You will not find e-books or the vast range of resources that many other brokers offer. There are, however, more webinars available from ATFX than many competitors offer. The webinars are free to ATFX clients but do require registration. To help traders make educated decisions, ATFX has a daily market report. This includes the latest overviews for sentiments and technical elements. The report has sentiment figures related to both small and large players.
Category includes options such as central banks, balance, economic activity, inflation, bonds, and more. Or you can search for a specific event by name by clicking on the Filters. Trading Central also includes advanced features such as adaptive candlesticks that recognize candlestick patterns in real-time continuation and reversal. It also has Adaptive Divergence Convergence based off the MACD indicator.
There is access to 1-to-1 customer support 24/5 plus tight spreads and no commissions. These include a lack of negative balance protection and waived restrictions on CFDs. ATFX can also use sophisticated market language when talking to professional clients and assume higher experience levels. There are also changes to considerations for best execution. For retail clients, priorities are the transaction cost and the overall price. For professional clients, speed and execution likelihood also play a role.
In addition to the daily market reports, ATFX also offers Fundamental Commentary. You will find articles related to fundamental moves, upcoming events in the economic calendar, and advanced economic indicators. They are also available for download in the Analysis section of ATFX.
Additionally, traders can use EAs to automate their trades, which can assist in identifying market movements and improving market entry and stop-loss strategies. ATFX is a good trader, trading on it is very easy, and there is no problem with depositing and withdrawing funds. The only problem I think may be that sometimes the customer service can’t give effective help, maybe because they are busy. Friends who want to try can open a demo account first to try. The free demo account is a useful feature for both beginner traders and prospective clients who wish to test the broker’s features before deciding on whether to sign up for a live trading account. ATFX mission is to provide retail traders with the best possible experience by offering 24/5 localised support services, MT4 trading platform and tight pricing.
Email addresses are for general information, complaints/disputes, partnerships, atfx review, and sales inquiries. You can also contact support via live chat in the bottom right corner of the page. 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.