best atfx broker review
best atfx broker review

Any online trading house that deals with financial products and services has to bear in mind a few important things. ATFX offers a wide range of legal documents and these are available on its website. The documents include each and every bit of paper and communication that pertains to regulation and ruling. Each document is completely transparent and downloadable and can be read by the clients and traders. Therefore when you are a member of ATFX trading, you can be sure that you are dealing with a service provider who is governed by MIFID.

Switzerland and the Middle East also have access to ATFX via CySEC regulation. Even though it’s the most popular software for traders of all calibers, it would still be handy to have at least a WebTrader version as well. Before we even touch the trading conditions, we need to focus on the website itself and determine if it’s user-friendly and allows beginners to get around easily. But let’s forget we ever found out about this in the first place and try to rate this broker compared to existing market standards.

All the services are accessible and users have plenty of options when it comes to actually accessing the trading platforms and markets. In our Fusion Markets review, we covered everything from the different trading markets and account types available to the customer service users can expect. We found that Fusion Markets has a lot to offer and the following review will explain exactly what you can expect from the platform. Overall a very solid offering here from ATFX if a little on the high side in terms of minimum deposit levels compared to others. It is really very easy to get started with a demo account with ATFX and just requires a few simple details to start testing both the platform offered and the tools provided.

đŸ’” ATFX Minimum Deposit :

ATFX offers a free and unlimited demo account with a balance of up to 5,000,000. Trading indicatorsThis is a daily market report that can be downloaded from the platform’s site. You will also see the previous markets as well as reports of recent months that have passed. By the third party, I mean ATFX does not validate either can they ascertain the integrity or accuracy of the reports. Even so, the inclusion of ATFX customer reports is an extremely useful tool.

Funds will be returned to clients with the same payment methods used to deposit. For example, if a deposit is made by credit card, funds will be returned to the same credit card. 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. ATFX, at the time of writing this review, is offering two promotions. However, keep in mind that certain countries are not eligible for promotions due to EU laws.

As such, ATFX tends to handle complaints very well and resolve issues fairly shortly. ATFX offers a multitude of payment methods for traders to choose from, all with appropriate currencies, fees and transaction times. Moreover, just like traders, partners will have a dedicated account manager to assist them throughout their recruiting process, as well as training to improve profits. To make use of this program, users first have to register as an ATFX partner.

This has been proven time and again by various ATFX trading experts and many genuine ATFX review articles are also testimony to this. This umbrella called MIFID also ensures that investment firms are in a position to offer their services seamlessly and freely to other member states and even those in third party locations. However, services can be offered by third party locations only when they are authorized by the local authorities to offer these services to their clients. This is an important directive that was adopted by the EU Parliament on Nov 1, 2007. The main objective of MIFID is to ensure that the financial instrument markets are regulated.

There are reasons to believe that the customer service standards of ATFX broker are quite impressive. You can get in touch with them over the phone, live chat, and mail services. However, they lack 24/7 support and this is a problem that ATFX broker needs to address. The communication process via email though reliable is slow and some more efficiency is the need of atfx trading platform the hour. This is quite good and the entire process of deposit and withdrawal is completely protected and is encrypted end to end using the best of encryption processes. The entire process is audited regularly and therefore traders can be sure that their personal information, banking information, and financial information are always kept safe at all points in time.

Deposit and Withdrawal 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. The mobile trading platforms for ATFX are also versions of MetaTrader 4. You can download an application for either Android or Apple devices, allowing everyone to trade on the go.

For traders who meet the right criteria the broker also offers a professional account. This account allows trading on all instruments with higher leverage. You must qualify as an elective professional, and evidence will be required when applying.

Mobile Trading App

This occurs when the market price reaches the correct point. It is important to remember that pending orders do not have guaranteed execution at their original price. This is a great way to get a feel for the offerings of the broker. It can also be a useful tool for beginner traders who need to hone their skills. Or advanced traders can use the demo account to test new strategies. The broker also makes the process of opening accounts quick and easy, allowing for trading right away and also provides a free demo account for testing the system.

How do I withdraw money from ATFX?

You can withdraw money from your account very easily. Log in to the secure Client Portal section of our homepage, then click “Withdrawal”. We will always return funds to the original source they were deposited. For example, if a deposit is made by credit card, funds will be returned to the same credit card.

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. ATFX has been publicly recognized worldwide as one of the best Forex CFD brokers both by its clients and industry specialists. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Registration Process

It comes into effect in a special case when the company is unable to satisfy its repayment claims. What happens, in this case, is that the FSCS awards each client a compensation fee of about £85,000 for eligible investments. The ATFX website also offers an education section for users to benefit from. The webinar schedules are updated periodically on the official website under the “education” section. There usually are 5-10 webinars scheduled within a period of two weeks and the available languages vary.

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.

ATFX accepts clients from all over the world.There are a few notable exceptions though, such as Japan, https://forexarena.net/ France or Canada. The costs for both stock index CFDs and stock CFDs are built into the spreads.

With more than 9 years of experience in online investments, we will find out if it is a scam or not. Read the following sections to get accurate information about the company. ATFX allows deposits and withdrawals in USD, EUR or GBP and charges no fees for any withdrawal over 100 USD. In the case of bank transfers, your bank may charge you for transfers. Like most brokers, withdrawals can only be made by the same method as the original deposit. The minimum amount you will have to deposit to be allowed to access the trading space is $200 for the Standard account.

Best CFD broker for me, I’ve been trading for several months with ATFX, their client service is awesome and the deposits & withdrawals are fast, also safe. 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. Professional and non-EU clients are not covered by any negative balance protection.

USD/JPY Forex Signal: Bearish Sentiment, Focus Shifts to Inflation … – DailyForex.com

USD/JPY Forex Signal: Bearish Sentiment, Focus Shifts to Inflation ….

Posted: Mon, 09 Jan 2023 08:00:00 GMT [source]

There is also an economic calendar available from ATFX, with the expected information, such as time, date, currency, description, importance, actual, forecast, and previous. You should note that the offers provided may change from time to time and eligibility will depend on Country of origin and the regulation that ATFX must abide by. Anyone residing in Europe will not be eligible for this ATFX bonus.

A relative newcomer to the sector, ATFX which was founded in 2014, brings a fresh and distinct approach to the sector. Traders are provided with a streamlined and cost-effective means of low-latency access into the financial markets. Trading analysis and execution are carried out through the MetaTrader MT4 platform and the firm has a clear focus on providing traders access to good market flow and tight trading spreads. There are some, but not many ‘added extras’ to be found on the broker’s home website which has an attractive aesthetic and is easy to navigate.

best atfx broker review

The Edge Account is designed for advanced traders and offers competitive spreads and faster speeds, as well as additional latency reduction. I appreciate ATFX staff professionalism and honesty in helping their clients to be informed all the time. Also, I like ATFX spreads and fast execution, as well as, the variety of the instruments they have.

  • Originally, ATFX was Positiva Markets and was a liquidity provider for big institutional traders.
  • To further help their traders with minimizing risks and maximizing profits, ATFX provides stop loss and balance protection tools in a very popular approach to trading.
  • Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
  • AFTX boasts a comprehensive educational centre, which comes complete with webinars, seminars, guides and an economic calendar.
  • 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.
  • ATFX provides its traders with one to one sessions with their chief market analyst for users with the appropriate account types .

The first thing is the qualification for each account type is based on account deposit with criteria for standard account being 500 and the Edge account and above starting from 5000. This includes unlimited access to TradingCentral , 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.

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.