ATFX, a CFD broker with a global presence and regulated in multiple jurisdictions, has experienced significant growth in the last quarter of 2022. According to the recently released market intelligence report from the media firm Finance Magnates, ATFX ranked among the top 10 brokers with respect to their MT4 trading volume. The investors get access to over a hundred CFD financial instruments including Forex, Precious Metal, Crude Oil, Indices and Shares. All the instruments can be executed on one platform and offer the best opportunities to all the investors.
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 offers the MetaTrader 4 and MT4 Mobile forex online trading top platforms.
ATFX Review: Fees, Platform, Pros & Cons
Once you are done, you will receive a confirmation email with your login details. Opening a real account is similar to opening a demo one but it will be more time consuming because you will have to fill in a questionnaire with an estimated time of completion of minutes. ATFX offers a decent variety of trading products for you to choose from compared to other forex and atfx broker review CFD brokers such as Coinbase and Plus500. There are over 80 assets you can choose from, including stocks, forex, and indices. It is currently owned and operated by AT Global Markets and is registered at the 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom. The broker is regulated by FCA, CySEC, MiFID and authorized to offer its services in EEA countries.
Still, trading costs at HFM are slightly above the industry average. In our analysis of 23 international regulators across 50 brokers, HFM earned a higher Trust Score than ATFX. Based on our thorough annual assessment, HFM offers better pricing overall for traders. In our analysis of 23 international regulators across 62 of the best forex brokers, HotForex is considered average-risk, with an overall Trust Score of 85 out of 99. FOREX.com holds 4 global Tier-1 licenses, while ATFX holds 1. FOREX.com holds 2 global Tier-2 licenses, while ATFX holds 1.
You should consider whether you can afford to take the high risk of losing your money. Please read the full risk disclosure on pages of our Terms of Business. Also, the company offers expert market analysis and trade ideas. They make an online trading course available to all live account holders and provide an economic calendar on its website. When it comes to forex trading, they offer access to only 42 currency pairs, which is less than the majority of other platforms.
The demo account is helpful, although some traders will feel that educational and research tools are lacking. Due to the lack of educational resources, ATFX is best for traders who already have some forex and CFD knowledge. Having proclaimed itself aForex brokerand CFD brokerage, ATFX features a fairly standard product selection for this industry. The company offers over 200 financial instruments to trade with, including a range of forex pairs, and CFDs in indices, commodities, cryptocurrencies, and shares.
ATFX is a broker founded in 2014 that has been gaining popularity in the forex and CFD industry since its foundation. The broker showed potential in recent years, which is why we decided to test and review it. ATFX is a regulated broker with an innovative and proactive approach compared to other forex and CFD brokers in the industry. ATFX has continued its growth steadily over the past few years and has gained the trust of many institutional and retail clients during this time. Just recently, the UK-based CFD broker introduced a trustable verification process for its customers leveraging the security of blockchain technology.
Multilingual customer support
We ensure timely payment of earnings to our Introducing broker partners to demonstrate how much we value their efforts in helping ATFX expand and grow. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following.
The commercialisation of services and the acquisition of clients can only be carried out in Spain by an authorised entity or through a tied agent. “History makes this time one of the hardest to buy. It is a sellers market. GR helped me get through this tough process. I am thankful for all of the assistance every step of the way .” Shavahnna originally joined the industry out of her desire to help people in her community build wealth through property ownership. Years later, Shavahnna still enjoys helping others achieve their homeownership goals. Taking part in one of her borrowers’ most important financial decisions is what drives her to do her best each day.
Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money.
Quarterly Trading Volume Increased By 7%
The Premium account requires a deposit of $10,000 and offers a minimum spread on the benchmark EUR/USD currency pair of 0.0 pips, but there is a commission charge with this account. The broker requires a minimum of $200 as an initial deposit for you to be allowed to access the trading space and start trading forex, CFDs and so on.. Another positive thing about it is that no fees are charged, no matter what payment method you choose, be it debit or credit cards, e-wallets or wire transfers. 81% of retail investor accounts lose capital when trading CFDs with this provider.
What this means is that customer capital is held in segregated accounts, with reputable European banking institutions. The capital adequacy requirements set forth by the MiFID framework are more than met by the broker. Switch to a real account and deposit the minimum funds necessary to start trading.
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. Once you’ve done that you are free to trade as much as you want. After you’ve created your account you can move on to the deposit page to place funds in your account and start live trading. You will have to deposit at least $200 to be allowed to start trading. ATFX offers a variety of two account types – the Standard account and the Edge account.
Moreover, ATFX offers traders negative balance protection that ensures that traders will not lose more money than deposited. ATFX has definitely gained momentum in the last five years. There are some very positive aspects of the broker, such as the availability of the MT4 trading platform as well as the education and resources section of the website. The company supports the free MetaTrader 4 trading platform developed by MetaQuotes. While MT4 remains the market standard for retail traders, the lack of selection is a disadvantage compared to the trading platform choices on offer with other brokers. To compare the trading platforms of both Interactive Brokers and ATFX, we tested each broker’s trading tools, research capabilities, and mobile apps.
To show our appreciation for our most valuable assets, we reward our partners through very competitive, customisable rebate options. According to its official website, ATFX is in fact registered and approved in all EEA countries. Presence of risk disclaimers, education and legal sections to evaluate transparency. No information is provided on fees charged for withdrawal requests. EMERGING MARKETS is regulated by the Jordan Securities Commission authority as an Introducing Broker license number 643 and is the regulated entity in the Hashemite Kingdom of Jordan.
5 Multilingual Live Support from Account Managers
Both FOREX.com and ATFX offer MetaTrader 4 .Copy trading is not offered by either broker. The books of the operator are subjected to regular audits by the competent financial authorities and the brokerage observes strict KYC and AML policies. Retail accounts also offer negative balance protection, meaning you can never lose more than you have on deposit with the broker. MT4’s charting features are excellent and it supports a wide array of time frames, charting features, drawing tools, and technical indicators. While MT4 execution is said to be extremely fast, we experienced some rather surprising delays on a few trades that we launched through a Demo account. The exact trading conditions for every one of the supported indices, metals and currency pairs are made available in great detail in the trading conditions section of the ATFX website.
- ATFX Spreads vary depending on the account type with spreads on the Edge account are low and competitive compared to any broker in the industry.
- Presence of risk disclaimers, education and legal sections to evaluate transparency.
- On top of the education section, the broker offers resources to help you carry out research and market analysis.
- Currently our services are provided in 13 languages include English, Cantonese, Mandarin, Spanish, Italian, German, Arabic, Vietnamese, Thai, Uyghur, etc.
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. There currently are webinars available in English, Spanish and German.
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There are also allegations that the site does not offer a choice of trading platforms, but we found that simply does not hold water. It is extremely easy to open a live account and deposit money. If cash is left https://forexarena.net/ in the account the company opens trades without the authority of the trader against the market so you lose cash without trading. And Irelands and allows you to speculate on financial markets using margin.