ATFX Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:7 17

ATFX customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. At the time of writing this ATFX review, and despite ATFX’s impressive offering, the company has surprisingly not garnered any awards to date. ATFX, as a business, has a powerful set of rules for ensuring fair trading onto its platform. For information encryption functions, it provides an industry-standard secure socket layer .

Retail clients registering with ATFX come under the monitoring agency’s Investor Compensation Fund in Europe and the Financial Services Compensation Scheme in the UK. The Compensation schemes protect retail investors https://forexarena.net/ up to €20,000 and £85,000 respectively if the broker goes into administration. Tickmill continues to grow from strength to strength by offering traders just what they need to be successful in the markets.

Free or premium? Or both?

If you see that you are making profits, you can always deposit more. For those who choose the Edge account, the is a minimum deposit requirement of $5,000. It is also important to know about the spreads on ATFX, which are competitive compared to other brokers on the market. 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. They start from 0.6 pips but they vary depending on the asset you are interested in. The spread on EUR/USD starts from 0.6 pips and for the forex majors, the minimum spread does not go over 0.8 pips.

The only problem I think may be that sometimes the customer service can’t give effective help, maybe because they are busy. Friends who want to try can open a demo account first to try. ATFX mission is to provide retail traders with the best possible experience by offering 24/5 localised support services, MT4 trading platform and tight pricing. The free demo account is a useful feature for both beginner traders and prospective clients who wish to test the broker’s features before deciding on whether to sign up for a live trading account.

ATFX Trading Conditions

Overall, ATFX does not charge any deposit and withdrawal fees and offers a fair selection of payment methods. ATFX offers a Quarterly Market Outlook, allowing you to monitor changes and trends in the financial market with detailed fundamental and technical analysis. It is designed to help you develop an effective trading strategy to make long term profits. For the convenience of clients, ATFX offers multiple methods of contacting the team. There are main phone lines available on weekdays between 9 a.m.

The ATFX trading service is available on mobile devices through iOS and Android apps and account information is mirrored between the desktop and mobile versions. The mobile version of the MT4 platform has all the major functionality points that a trader would look for including the use of up to 9-time intervals and up to 30 charting indicators. The MetaTrader 4 is an independent trading platform, developed for trading FX, commodities and other products and is one of the most advanced and easy platforms to use.

BrokerChooser gave ATFX a 3.3/5 rating based on analyzing 500+ criteria and testing via opening a live account. ATFX offers an excellent range of software products which can be accessed either on desktop PCs or through mobile devices. User friendly and intuitive, even beginners can easily get to grips with the basics of the interface. The customer support service is also good and is available 24/7 through a number of channels while the website is available in a multitude of languages to suit the needs of global clients. Although the range of assets is quite limited, there is a spread across currencies, commodities and indices.

Available accounts on ATFX

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. To have a clear overview of ATFX, let’s start with the trading fees. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. To get things rolling, let’s go over some lingo related to broker fees.

All its functions are performed through MetaTrader 4, which supports all devices, both mobile and desktop. The multiple ranges of deposit and withdrawal options allow this particular broker to be used by a variety of clients, and you can always be certain of 24/5 customer service. As expected from most of today’s binary options brokers, ATFX has recognised the need for clients to check their assets and to carry out their trades while they are on the go. ATFX also offers its clients a mobile app which can be downloaded to either an iPhone or an Android device and which makes accessing client accounts on the go even easier and more convenient. Based in London, UK, AT Global Markets Limited is a leading online trading services provider, regulated by the Financial Conduct Authority in the UK. Led by an experienced, skilled management team, the company has an international presence.

Moreover, the broker also provides two-factor authentication to add an extra layer of security to the client’s account. The 2FA technology is used by major financial institutions worldwide to prevent fraudsters from accessing client accounts. The company charges no fees, and the request is typically processed within 24h. However, we’ve found reviews where people complain about withdrawals, especially those dealing with an offshore entity.

This new MT4 trading indicator has been intricately created to make trading easier, intuitive, and more accessible than ever before. ATFX is a relatively new CFD broker, founded in London in 2017, but has expanded rapidly in recent years, winning widespread recognition from traders and its industry peers. Stay up to date with the financial markets everywhere you go. WikiFX Internet and its mobile products are an enterprise information searching tool for global users.

Mobile Trading

I prefer ATFX as they offer a wide range of products and advise better than anyone and best of all with excellent service. I have worked with other brokers and definitely none have given me the experience that ATFX has, switching to ATFX has been the best decision I have ever made. The company doesn’t disclose financial information and isn’t listed on any exchanges. Webinars are available in several languages including English, German, Italian or Spanish, but we found it a bit confusing that some webinars are only available in one language. When we tested the phone service, we couldn’t reach any operators on the day before a UK banking holiday.

The indices section at ATFX offers access to a wide range of underlying assets, such as the SPX500, US30 and NAS100. According to the requirements of MiFID, the operator keeps the monies of its users in segregated accounts, with top European financial institutions. 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. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors.

ATFX reserves the right to change Edge accounts to Standard in the event this minimum equity is not maintained. Oil trading – like the trading involving most of the other available assets – is CFD-based, which means that traders never gain actual possession of the traded asset. They just exchange contracts based on the value of the underlying asset. In the UK, Financial Conduct Authority regulates the activities of ATFX.

ATFX is a popular CFD broker regulated by CySec and the FCA. The broker offers a wide range of tradable assets, includingforex, cryptocurrency, and CFDs on indices, stocks, and commodities. The company headquarters are located in the UK, Cyprus, Mauritius, St Vincent & The Grenadines. They keep the client’s funds in a segregated account with a major bank. The broker uses the latest 128-bit SSL encryption technology to protect client information. Andorid mobile devices and tablets are used by millions of people globally.

And the Scripts feature gives traders the opportunity to set up an automatic repetition of specific operations such as closing all positions with a single keystroke. Neteller and Skrill are not yet available through this broker, although their website promises that they will both be available soon. Funds are credited straight to the client’s account when using credit or debit cards, although wire transfers could take several days to clear. All payment methods are very secure and are protected by encryption technology to protect clients’ personal and financial details from cybercrime and hacking. ATFX also conducts trading seminars in various cities around the world.

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 traders with a Premium Account will get free access to the new Trading Central MT4 Analysis Indicators.

In this paragraph, we will discuss things such as the leverage, spreads, withdrawals, software and various other aspects of the company. ATFX is an online forex broker registered in United Kingdom and well regulated by atfx broker review FCA and CYSEC, with a history between 5 and 10 years. 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.

The iPhone MT4 application includes the most useful features, such as EAs and customizable indicators. Either mobile version has the full functionality and all of the tools of the other versions. It includes real-time information that helps with the decision-making process.

• A VPS can lead to a more responsive and reliable process in the execution of Expert Advisors.
• BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions.
• Its powerful icon functions, trading indicators, intelligent trading , are widely loved by investors and are applicable for all traders of different levels of experience.
• The transaction speed also depends on the client’s bank or financial institution.
• ATFX is considered a low-risk and can be summarised as a trustworthy forex broker.

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. ATFX offers a multitude of payment methods for traders to choose from, all with appropriate currencies, fees and transaction times. Access to the Trading Central provides data analysis and technical strategies for a plethora of trading instruments, such as currencies, commodities, indices and precious metals.