ATFX Reviews Is ATFX Good & Safe?
ATFX does not provide a great deal of information when it comes to special features or services. There are some basic features that can be considered to be fairly positive. 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. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. Market analysis and account management features can also be used through the web interface. MT4 comes in 3 versions, covering Windows, iOS and Android compatibility.
Find Your Broker We helped new traders to find their path. ATFX also allows the use of EAs, or Expert Advisors, for automated trading strategies. Our ATFX reviewers also discovered you are free to install new EAs, indicators, and make full use of the open-source nature of the MT4 by participating in the MQL community. This broker did not score well during our testing process and is not recommended by our experts. We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead.
ATFX Trading Cryptocurrencies
Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed. Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with ATFX is $100.
They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective. ATFX is regulated by Cyprus Securities and Exchange Commission .
Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours.Open an ATFX account here. ATFX does not provide customers with real company shares trading. ATFX educational resources are used throughout the ATFX learning environment to help and assist with customer’s development and learning of trading on ATFX. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using ATFX trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.
- This ATFX review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
- For those who choose the Edge account, the is a minimum deposit requirement of $5,000.
- It includes transparent reporting with plenty of details plus competitive commissions and exceptional customer service.
- Customer support represents the resources within the ATFX company that provides technical assistance to its customers after they use the ATFX service.
- The service has been reliable and friendly and when required the advise useful.
Yes, ATFX offers virtual portfolio accounts so you can learn their systems before risking any real capital. Payoneer, an American financial services company, offers online money transfer and digital payment services. ATFX is a forex broker headquartered in Cyprus and provides a variety of instruments for trading.
Clients can also enjoy full account management via the sleek client portal. 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.
ATFX Trading Signals
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. There is also a phone number available if you are calling from outside the UK. No information is provided on fees charged for withdrawal requests.
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. ATFX offers a list of default leverages for clients in its Trading FAQ section. Crude oil is another highly liquid asset that can be traded with ATFX. You can use ATFX to buy or sell commodity-based oil ETFs.
Changing the language is a bit tricky on Android devices, though. You can do it only if you change the default language of your mobile. ATFX forex fees are low, beating those of its closest competitors for all currency pairs. To add to the protections in the unlikely event of insolvency, AT Global Markets Limited clients have FSCS coverage. 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.
There are some sections with FAQs, such as those related to trading. Overall, however, there is no convenient way to find information on other FAQs. It would be nice to have a dedicated section for information such as this.
A bank transfer can take several business days, while payment with a credit/debit card is instant. For the Standard account, but higher for other account types. The costs for both stock index CFDs and stock CFDs are built into the spreads. Depending on the type of account you have, it is also possible to use a VPS via ATFX.
Supported Platforms for ATFX
I love ATFX because of its fast response and great support. I like the personal advice and support they give to people. Must be really good otherwise there’s no chance of getting these many 5 star reviews. We tested it and collected the options and costs in How to withdraw money on ATFX.
They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with ATFX. ATFX mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. ATFX mobile trading refers to trading using a mobile phone. GBP, USD, EURO are supported by ATFX as account base currencies.
These are divided by category, such as forex majors, minors, and exotics. Other categories include metals, oil, indices, cryptos, and shares. There are also spread betting trading conditions outlined for FX majors, FX minors, metals, oil, and indices. ATFX also has a mobile application for trading on the go and convenience.
How does ATFX make money?
The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. This is because the FCA considers crypto CFD trading to be a high-risk activity. You’ll need to see if trading crypto CFDs are allowed in your country.
If you want to deposit funds into your account on the platform, log into your account. Visit the site where you have CLIENT PORTAL, and you will see DEPOSIT, select it. Bear in mind ATFX does not accept third-party payments, which could atfx review mean that your deposits must and must only come from your accounts. To protect against an unfortunate event of insolvency, ATFX has FSCS coverage.This scheme is only available for clients trading with organizations authorized by FCA.
A ATFX payment method is required to fund your ATFX trading account before placing a buy or sell order on a financial instrument. Traders can follow the markets and make wise investment decisions on ATFX by using the news to help form a strategy when it comes to choosing investments. A ATFX news trading strategy involves trading based on news and market expectations, both before and following news releases.
You can even open positions, test different trading approaches, and much more. In the event you are withdrawing money in different currencies from USD, a conversion fee is also applicable. https://forexarena.net/ The conversion fee will be dependent on the currency you are choosing to draw in. This ATFX review breaks down every one of the relevant non-trading fees for you in detail.