atfx review

We may receive compensation when you click on links to products we review. The mobile versions of ATFX’s MT4 offer full Android, iOS and Windows compatibility. The full, downloadable version of the platform is obviously more powerful and it delivers all the features one might expect from MT4.

  • The ATFX educational programme is aimed at making sure clients have all the resources they need to make informed trading decisions.
  • Keep in mind that this bonus is not available to all clients.
  • It was named the Top Forex Broker 2017 by Third Session of Chinese Foreign Exchange Brokers Annual Conference HT Financial.

I was scammed, please do not trust these people, they will take your money, not contact you and not refund your money until you get fintrack/ org to help with it. But when the market opened, the position was directly closed at $113. If using an e-wallet, funds will typically be returned to the trader’s e-wallet within 2 business days. Over the years, ATFX has earned numerous awards across various markets. It was named the Best NDD Forex Broker 2018 from the Online Personal Wealth AwardsMoneyAM. ATFX was also honored with Best Forex Customer Services 2017 at the Entrepreneur JFEX Awards and 13th Jordan Forex Expo.

Supported Platforms for ATFX

They also offer 24/5 support through weekdays via email for a more permanent record of correspondence, and through live chat. Some elements of customer service have already been covered in earlier parts of our ATFX broker review 2023. Even better, they have customer representatives available for customers across 13 countries, including several hotlines. You’ll need to decide which trading account is right for you. We mentioned some of the options earlier in this ATFX broker review 2023.

atfx review

The good news here is that it appears to be because they’re very widely available, as opposed to being the other way round. Before we go into the conclusion of this ATFX broker review, we want to make clear that we don’t just base our opinions on our experiences alone. We also look at other people’s experiences and thoughts about them to see if our experience can be considered typical and what their general reputation is like. They also boast state-of-the-art encryption technology, essentially meaning all your data is kept secure. In addition, their privacy policy is very comprehensive and satisfactory.

worst forex charts and tools

It is also important to know about the spreads on ATFX, which are competitive compared to other brokers on the market. ATFX Spreads vary depending on the account type with spreads on the Edge account are low and competitive compared to any broker in the industry. They start from 0.6 pips but they vary depending on the asset you are interested in. The spread on EUR/USD starts from 0.6 pips and for the forex majors, the minimum spread does not go over 0.8 pips.

atfx review

Check out the current account balance requirements at ATFX in our What is the minimum account balance at ATFX article. Is ATFX legit features all the key aspects you need to look at to see if a broker is safe and legit. The company doesn’t disclose https://traderoom.info/just2trade-forex-broker-overview/ financial information and isn’t listed on any exchanges. We were impressed by how ATFX provides a clear view about the impact of major financial and economic events. For example, we received an email note about the possible implications of Brexit.

Bank Transfers

It’s clear when you look at their website that CDFs generally, not just cryptocurrency, are what they give most focus to. There are, overall, over 200 trading products across five asset classes. The first step to trading is opening an account and this is another part of our ATFX broker review where they excel in making things simple. In our opinion, in their own way, ATFX are exactly that, thanks to being exceptional in a wide variety of areas, with low fees being a prime example. ATFX offers Forex, Commodities, Cryptocurrencies, Indices and Shares with a wide range of CFDs for you to consider.

Is it safe to use unregulated broker?

High Risk. When you trade with an unregulated broker, you are basically dealing with a company that is not accountable to anyone or any entity. They do not operate according to any set of rules or guidelines, and there is no guarantee that your funds are kept safe or that even your confidential information is secure.

Cryptocurrency CFDs aren’t the only thing that can be found as part of ATFX, as there are several other products also available. Specifically, Forex options include major, minor and exotic currency pairs. Indices and shares are available as US, European and Asian Stock Indices.

Spreads and Commission

It also includes mathematical models to determine timing relevance and confirm directions. Trading Central additionally uses Japanese candlesticks and related signals to verify acceleration or reversal markets. To view all the products that ATFX offers on MetaTrader 4, visit the Market Watch window. This way, you can find any asset and use the available advanced trading tools with it. ATFX offers a list of default leverages for clients in its Trading FAQ section.

What is the minimum deposit for 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.

For those who choose the Edge account, the is a minimum deposit requirement of $5,000. The broker requires a minimum of $200 as an initial deposit for you to be allowed to access the trading space and start trading forex, CFDs and so on.. 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.

What are the spreads at ATFX?

If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. As a regulated firm, ATFX’s staff undergoes special training for handling complaints. Their customer service includes a comprehensive complaint handling procedure that includes a full response with an explanation.

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So, irrespective of your experience or trading style, you are covered. 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. ATFX offers a variety of two account types – the Standard account and the Edge account. Here are some of the main differences between the two accounts.

Is ATFX a regulated broker?

ATFX operates in a well-regulated and highly governed sector of the financial services industry. Our operations are subject to a range of local and regional regulations that govern how we conduct ourselves. These regulations include capital requirements, which compels us to have a certain level of capital to trade.

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