ATFX Review Honest Review of an Honest Forex Broker

66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. One great way to get started and have a feel of the features the ATFX platform offers has a demo account. This proves to be a very useful tool, especially for enthusiasts and beginners who are either moderately or much new to the platform as it enables them to sharpen their trading skills. Even advanced traders also use this account to test-run new strategies that may be risky if using their main accounts.

  • All withdrawal methods require up to one day of processing time, but deposits using cards and e-wallet is usually processed within 30 minutes.
  • As expected from a broker, ATFX does indeed have an economic calendar.
  • That being said, not all regulator licenses carry the same weight.
  • The nominating process begins in October of the previous year, when Review editors begin reading the books slated for publication the following January.

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. Past market reports are also available on the same page, including those from the last few months. Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany.

CFD Trading Details

The broker forms part of the AT Group network of global branches to provide its services to both retail and institutional traders. Regulated and reliable trading platform.Fast execution and stable server for traders. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Once the client completes the form, the broker activates the account immediately. However, he must also send the necessary documents that prove his identity and his address so that the account is verified and so he can access all the services.

Our rigorous data validation process provides our readers with quality data they can trust. When testing mobile apps or mobile products, we test on both Apple and Android devices. For Apple, we test with the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 13. ATFX has gained the reputation of running a smooth operation within a relatively short period. While its primary market is in the UK and European markets, it has been gradually establishing a foothold in South East Asia and Middle Eastern countries. Unfortunately, ATFX doesn’t provide Islamic accounts without overnight swaps.

  • As you can’t open a retail trading account with them anymore, you can check our broker comparison page.
  • It would be pertinent to mention here that overall the trading fees are quite competitive.
  • At the moment, we recommend trading with reliable broker like ATFX, fully regulated and with an innovative approach.
  • Professional client classification is also available from ATFX.

CySEC regulation provides brokers with access to EEA and EU countries. Also, the Middle East and Switzerland have access to ATFX UK via CySEC regulation. Users who open a Premium account also receive a number of exclusive benefits, including premium videos and tutorials, plus full access to Trading Central. The idea of the Premium education feature is to complement the free raw spreads and VPS offered by this type of account.

As a further bonus, traders are provided with the most up-to-date financial market news and overviews of their most popular products, including oil, precious metals, indices, and commodities. The firm does not charge commissions to traders and offers highly competitive spreads, reducing the costs of opening and trading positions. Access tight spreads from 0 pips on a decent range of 44 currency pairs. Pro clients can strategise and test out the technical features in the MT4 demo account. This includes market news and analysis for popular products such as oil, precious metals, indices, gold, crypto, and FX majors. Updates focus on specific products and include predictions, influences, and more.

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. However, they are strictly regulated and this goes a long way in ensuring that the money of the client stays protected and the clients are treated fairly at all points in time. It would also be pertinent to mention that apart from Malaysia and other countries, they are also actively present in North America and the Middle East. In terms of mobile charting indicators and studies ATFX has 7, compared to the industry average of 43.

Trading and non-trading fees

ATFX caters to all sorts of traders and are a must-have broker for any well-diversified method of trading. They offers trading on MT4, Mac, Web Trader, Tablet & Mobile apps. ATFX is honest, transparent, and also a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC).

They provide the best customer service

Traders may open short/sell and long/buy positions, seeking to take advantage of possible price movements due to the volatility in the CFD precious metals market. A good broker with a lot of education classes to improve my trading techniques. The service has been reliable and friendly and when required the advise useful.

ATFX Broker Trading Fees

You will not have to bear any hidden costs or be a victim to any scams. However, due to regulations ATFX doesn’t accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America. If you wish to further protect your accounts, you can empower Two-Step Verification also. It requires an SMS confirmation for you to get your account.

This cost is always clearly illustrated to ensure you’re in control of your trading overheads. In only providing one account, traders are not provided with much selection according to their unique trading needs or objectives, however, ATFX caters to both retail and professional traders. ATFX was initially established in 2017 as a liquidity provider for a vast selection of institutional clients. Once the company managed to achieve their objectives with institutional clients, they decided to expand into the retail market. The company was originally named Positiva Markets Limited but realised the potential of profits that could be made within the retail market.

It would make it easier to open an account, fund the account, and do basic troubleshooting without contacting ATFX. 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.

Besides lots of currency pair,
ATFX also offers some instruments you would like to trade on, such as
Forex, Gold & silver, Oil, Indexes, Metals and Spread betting for your best choice. Any processing fees from your bank will have to be incurred by you. The reason that ATFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies.

ATFX Global Markets & ATFX Country Restrictions

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. Besides, they save a lot of time in research or complement other trader research strategies. To protect against an unfortunate event of insolvency, ATFX has FSCS (Financial Services Compensation) coverage.

ATFX offers market news and regular analysis and updates on relevant financial news on its portal. Moreover, they have partnered with Trading Central to offer top-tier technical analysis. Trading Central has been providing key insight into momentum-based trading opportunities since 1999. It’s considered one of atfx trading platform the best services in its class by industry commentators. They are providing this service for free to all their customers. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

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