Contents:
A series of educational resources is available at ATFX, such as market analysis, financial news, economic calendar, trading seminars, webinars, education, etcetera. Not segregating the customers can also be an issue in the long run as processing trades becomes a bit too chaotic. Because the broker will start favoring the larger trades compared to the smaller ones as that’s where they’re making most of their money. Overall, the ATFX Account types get a terrible rating from us for simply not having variety. Probably the only issue we encountered during the ATF review was finding out about the minimum deposits.
- However, keep in mind that certain countries are not eligible for promotions due to EU laws.
- Charts can be customised, and templates can be saved for later use.
- ATFX does not have a local support team or office in South Africa so the best method of contacting customer support would be via email or live chat.
- The possibility to trade with the most popular trading platform in the industry, MetaTrader4.
In terms of atfx review and withdrawal, like many good brokers, ATFX provides a form with important information such as payment methods, currencies, fees and processing time. Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks…..ATFX allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on ATFX. ATFX is a broker with its headquarters in the United Kingdom, specifically London.
The seminar covers a variety of topics such as trading strategies, technical analysis, and risk management. Regarding currency trading, you get a wide range of options. Some popular currency pairs you get are EUR/USD, GBP/USD, USD/JPY, and AUD/USD. In addition, the market maker also offers a good range of exotic currency pairs for those who are looking for more trading options.
Featured Forex Broker
In addition, the https://traderoom.info/ magazine also provides an in-depth analysis of the markets and provides trading strategies that traders can use. ATFX also offers CFDs on major indices like the Dow Jones Industrial Average , S&P 500 Index, Nasdaq Composite Index, and FTSE 100 Index. You also get a good range of commodity CFDs, including gold, silver, crude oil, and natural gas. Overall, the trading firm offers a good range of tradable assets across multiple markets. Withdrawals can be made through the same channels as deposits. However, the clients are responsible for any charges levied by their bank or financial institution.
Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms. Besides bank transfer, you can deposit money via credit/debit cards, and electronic wallets such as PayPal, Skrill, Neteller or SafeCharge.
GBP/USD Forex Signal: Triple Bottom Pattern Forms – DailyForex.com
GBP/USD Forex Signal: Triple Bottom Pattern Forms.
Posted: Mon, 06 Mar 2023 08:00:00 GMT [source]
There are four legal entities to choose from, and each comes with different regulations and services. We recommend the FCA-regulated entity, because it has the highest investor protection amount at £85,000, while the FCA is one of the best financial regulators. You can find these trading ideas if you log in to the Member Center, then click ‘Research Platform’ or ‘Featured Ideas’. The ‘Featured Ideas’ section covers only the major currency pairs.
Excellent Broker
On top of the education section, the broker offers resources to help you carry out research and market analysis. There is also a link you can click on to download the software. There is then an economic calendar that you can access at any time. ATFX provides a phenomenal variety of software products and trading tools that can be accessed through desktop PC’s and mobile and tablet devices. The user-interface is intuitive and easy to use, making it ideal for beginners to effortlessly get acquainted with the software. Customer support is available around the clock and offers support in multiple languages to cater to traders on a global scale.
The account opening process is easy, and multiple options are offered for deposit and withdrawal, all free of charge. ATFX provides asocial trading servicethrough the MT4 desktop trading platform. First, you have to register your account by clicking ‘Auto Trading’. After registration, you can start copying fellow traders, although this is usually not free of charge. Options for funding your account include bank transfer, credit/debit cards, and electronic wallets.
Is ATFX a Safe Broker
I think what they need to improve is their customer service. There were numerous times where I couldn’t get hold of their support, no response for straight 3 days, especially during this COVID-19 pandemic. The company has recently started offering clients who have opened an edge account, the opportunity to benefit from one-to-one coaching sessions. Edge traders will have two private half-hour coaching sessions with Alejandro Zambrano.
- Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
- At the moment, we recommend trading with reliable broker like ATFX, fully regulated and with an innovative approach.
- Customer service is available in several languages and support professionals seem very dedicated to building and maintaining client relationships.
- I appreciate ATFX staff professionalism and honesty in helping their clients to be informed all the time.
They offer combinations such as GBP/USD, EUR/USD, USD/AUD, and EUR/GBP amongst other options. The entire MT4 platform is quite easy to understand and put to use and even new entrants will not have to struggle too much to learn and master the use of this trading platform of ATFX. As per the regulation norms, it is quite clear that they are an authorized FX broker as far as a CFD broker. There are some strict CASS rules that have permitted this ATFX broker to hold client funds during the course of daily transactions. It would be pertinent to mention here that ATFX makes use of the most advanced and most modern bridging technologies.
ATFX is not included in our list of recommended brokers.
They have segregated accounts, meaning, client funds are separated from company funds. This assures us that they won’t be able to use funds of their clients for internal purposes. They know what they’re doing, and they’re very polite and patient. 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. The company offers over 200 financial instruments to trade with including forex and CFDs in indices, commodities, cryptocurrencies, and shares.
Using MT4 exclusively with ATFX puts you in good company; the trading platform is the most successful and one of the most popular on the planet. Each MetaTrader has a dedicated Android, iOS, and Huawei app. Mobile apps correspond to the desktop app in terms of available trading tools. Such an app is quite convenient as you can trade on-the-go and not miss any market opportunities. Moreover, both MT4 and its successor MT5, support social trading and EAs as their main perk. The platform is fully customizable, meaning you can adjust it to your trading preferences.
An economic calendar is a useful tool that helps traders stay up to date with the latest economic events. The economic calendar lists all the important economic events scheduled for release in the coming week. As a client, you are also supposed to give some brief information about your financial details.
CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit. Investors must understand and acknowledge these specific characteristics and risks and be warned that there is no EU regulatory framework governing trading in cryptocurrency products. By downloading MT4 for iPhone, users can take the trading platform wherever they go and even trade on the go with ATFX’s MT4 Mobile for iPhone. Trade forex, CFDs, and more in a simple, convenient, and customized way. As such, the broker offers types of leverages in the SEA region and three types of leverages in the UAE region.
Overall, they offer around 70 currency pairs which is a decent number. You can request the withdrawal manually from the client’s area on their website. However, it might take longer for the funds to reflect in your account due to the bank processing time. The deposits and withdrawals are secured with the latest 128-bit SSL encryption technology. The clients’ personal information is also safeguarded with the latest security measures. The minimum withdrawal amount is $100, on which you need to pay a charge of 5%.
A demo account is available with ATFX, which is typical with nearly all Forex and CFD brokers. He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. The trading platforms offered by ATFX are outstanding and EAs are supported. The leverage levels are reasonable as well, and customer support is excellent. They have multiple types of accounts that are available for traders, including a demo for trying out strategies and a professional account.
The group AT Global Markets is also a member of the Financial Services Compensation Scheme , which covers eligible investments of up to £85,00 per person, per firm. From a regulatory perspective, ATFX’s main “partner” is obviously CySEC. Switch to a real account and deposit the minimum funds necessary to start trading.
It also includes Bosnia and Herzegovina, Iraq, Ethiopia, Syria, Sudan, DPRK, and Turkey. ATFX cannot be used in Cuba, Japan, Iran, Canada, or the USA either. It is best to confirm that ATFX is available in your country if it is not explicitly stated. ATFX is a trade mark of AT Global Markets INTL LTD a company registered in Mauritius under FSC and all services in the Hashemite Kingdom of Jordan is offered through its Introducing Broker. I’m happy that as a beginner, they provided useful tools to aid me.
If you’re experiencing any troubles with the ATFX broker, you should first check under which regulation your account belongs. If you trade offshore, you can also get Hong Kong share CFDs, ETFs, and crude oil CFDs. In Mauritius, they operate as AT Global Markets Intl Ltd, registered in 2018, with ATFX regulation in the FSC register. The brand is registered as AT Global Markets LLC in SVG, entering the FSA database in 2020. Since it’s well-known that FSA doesn’t issue licenses for Forex brokers, this entity is unsupervised.
GBP/USD Forex Signal: Could Retest the Support at 1.1920 – DailyForex.com
GBP/USD Forex Signal: Could Retest the Support at 1.1920.
Posted: Tue, 21 Feb 2023 08:00:00 GMT [source]
The online trading firm offers multiple withdrawal methods like credit/debit cards, bank wire transfers, and e-wallets. The financial service provider offers multiple deposit methods like credit/debit cards, bank wire transfers, and e-wallets. As an FCA regulated company, ATFX segregates client money, separate from its own funds. In addition, ATFX retail clients are afforded additional protection by the FSCS up to GBP 50,000.
The ATFX Affiliate Program is designed to help clients grow their forex business. It includes transparent reporting with plenty of details plus competitive commissions and exceptional customer service. To make use of the affiliate program, you just register to be an ATFX Partner. Take a look at the various ATFX marketing materials so you can increase your conversions. You receive the commission once the client meets a minimum trading threshold. Trading Central is known for its top-tier technical analysis resources.
There are no bonuses and promotions on offer at the time of writing, as bonuses are prohibited by ATFX’s regulator, the FCA. News and alerts – You can set alerts on the platform and have these alerts directed to your email account. Automatic trading – MT4 allows you to trade and experiment with Expert Advisors . 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.
The trading platforms and the technology that it offers is of paramount importance. The first thing you need to do is go on the official website and look for the sign up button. Right at the top of the page, you will be able to see two buttons suggesting you to either open a demo account or to open a live account. We recommend starting from the demo account so please click on the right side button saying “OPEN DEMO ACCOUNT”. Once you have done that, you will be required to provide your full name, email address and phone number.
For non-UK clients, alternative e-wallets like Trustly are also available. ATFX has a user-friendly and fully digital account opening process, usually taking no more than a day. On the flip side, the minimum deposit is high for non-Standard accounts.