ATFX: Online Forex and CFD Broker Review 2024

atfx broker review

You can always go back to your demo account to polish your strategy even as you continue to operate a different account to trade forex. The high liquidity these participants generate (the amount of money available to buy or sell) provides a steady flow of forex investment opportunities. The most popular forex trading platform is MetaTrader 4(MT4), a favourite among many because they offer impressive ways to customise, extend or add new scripts. Their ability to have custom scripts makes it easy to practice automated trading. Forex trading can be done with algorithms that process trades if they meet certain rules within a given framework.

Does ATFX offer a demo account?

  1. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.We actively trade, publish educational articles and news.
  2. You can use a fixed number of pips to set an exit price or a stop-loss every time you open a new trade.
  3. The first time you click on one of the two, a risk disclaimer will pop up and you will have to accept the terms and conditions before being allowed to continue.

MT4 comes in 3 versions, covering Windows, iOS and Android compatibility. All three versions carry all the capabilities of the Windows-based platform. One-click trading, and the history of the trading operations are also included in the package. According to the About Us page of the operator, ATFX was launched back in 2014, by ATFX Global Markets (CY) Ltd., which used to be known as Positiva Markets (CY) Ltd. According to the said page, the decision to launch this retail-oriented trading destination was made after the company had already achieved success at an institutional level. Asktraders is a free website that is supported by our advertising partners.

Currency Pairs Offered by ATFX

Some reviewers say their spreads are not quite tight enough, and it’s true that spreads seem to be above average, compared to competitors. There are also allegations that the site does not offer a choice of trading platforms, but we found that simply does not hold water. The company supports the free MetaTrader 4 (MT4) trading platform developed by MetaQuotes.

Favorite Brokers

The reason for this is that the companies of online brokerages are scaled better. That is, an internet broker isn’t necessarily influenced by the amount of customers they have. ATFX are a reputable trading platform that has been operating for over 10 years. Our team has strived to simplify the intricate world of trading with ATFX into easily understandable information in this ATFX review. Our goal is to equip you with the knowledge necessary to confidently use ATFX trading tools, ranging from depositing and withdrawing funds to executing trades. This ATFX review page contains information about investing with ATFX.

An SMS for the confirmation code will be sent to your mobile phone. You’ll be asked to enter this code to log in to your account. If you feel that ATFX is not right for you then at the bottom of this ATFX review you will find a lot of alternatives to ATFX. Very bad broker, you have to suffer to withdraw your money and it’s a must that you loose money with them before that. Must be really good otherwise there’s no chance of getting these many 5 star reviews. According to the FCA, ATFX is allowed to operate in the UK but not in the US, Belgium, or any other country where such type of trading would go against local law or regulation.

atfx broker review

All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate.

It was named the Top Forex Broker 2017 by Third Session of Chinese Foreign Exchange Brokers Annual Conference HT Financial. ATFX was also the Best Branded Broker 2017 from Shenzhen Huiyu Financial. It was also the Best Forex Broker 2017 at Tapei International FinanceWord Forum FinanceWord. This is a daily market report and you can download it right from the ATFX website.

In the rare case of an unresolved complaint, clients can sometimes refer to the FOS. This independent body has the purpose of investigating complaints made against regulated firms. https://traderoom.info/ The FOS will investigate your complaint and deliver a response. For the best results and least hassle, ATFX suggests only contacting the FOS following a final response from ATFX.

atfx broker review

ATFX is regulated by several regulators including The Financial Conduct Authority (FCA) which is the most trusted regulatory agency in Europe together with CySEC. ATFX is also regulated by the Cyprus Securities and Exchange Commission (CySEC), and Market in Financial Instruments Directive (MiFID). Neteller/Skrill Fee – No fees apply according https://traderoom.info/atfx-a-reliable-broker/ to the website. The company is constantly growing and evolving with an ever-expanding team of over 450 staff members who speak 20 languages, operating from 14 offices. With a dedication to attracting top talent from around the globe, ATFX continuously seeks passionate, talented, and creative individuals to join its dynamic team.

You can also contact support via live chat in the bottom right corner of the page. Partners also receive 24/5 live support from an assigned Account Manager. There are guides from experts depending on plans, business goals, and your competitive advantages. IBs also receive free access to Trading Central and other trading tools.

There is also a phone number available if you are calling from outside the UK. To trade with an asset, all you have to do is select one from the asset list and decide whether you want to sell it or buy it depending on what your strategy is. The first time you click on one of the two, a risk disclaimer will pop up and you will have to accept the terms and conditions before being allowed to continue.

While ATFX provide you all the tools to make money, they can’t guarantee you will gain. Over 10,000+ users registered with them can affirm to their trustworthy nature. ATFX protects its clients’ private and sensitive information under SSL encryption. Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, even though it takes about 4-7 days. It will require you to fill in details pertaining to the credibility and security of your account.

Technical analysis, on the other hand, lets you identify certain patterns and trends whenever you use your forex trading platform. To become a good forex trader, you first must master what currencies to trade and when to trade them. This requires consistency in training through a demo account. During demo trading, learn the important aspects of forex trading, such as fundamental analysis, technical analysis, and money management.

There is no minimum time on which a transaction must be kept open. The brokers offer premium client service that rewards clients with advantages. ATFX offers the MT4 mobile app available on the App Store and Google Play. You can download the MT4 app on your phone, and through it, you will be able to access your ATFX account.

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