ATFX review is this broker worth it? Can they be trusted or not?
Are you looking to speculate that the Euro (EUR) currency will go up in value against the U.S. To do so, you would trade (or place a spread bet on) the EUR/USD currency pair, which is a forex investment. The forex market is the largest and most liquid market in the world, representing every global currency with trading conducted 24 hours a day, five days a week.
- Additionally, traders can use EAs to automate their trades, which can assist in identifying market movements and improving market entry and stop-loss strategies.
- Our proprietary Trust Score rating system tracks data from over 100 regulatory jurisdictions to help forex traders understand the regulatory status of their forex broker and choose a broker that they can trust.
- The demo account acts as a simulated trading experience funded with virtual money and is therefore entirely risk-free.
- The report shows sentiment figures related to small and large market participants.
The investors of today require deep liquidity, extremely tight spreads, anonymous trading, market transparency, low latency, and low slippage. However, it’s quite difficult to meet all these requirements from investors, especially the demands for trading execution and pricing. Thankfully, the STP mode will enable brokers to interact with all liquidity providers to establish the most competitive ask and bid price for traders. A high volume of transactions will stimulate liquidity providers to provide advanced leverages to execute the orders of clients in a fast and reliable manner.
Deposits and Withdrawals
For convenience, ATFX offers an updated list of trading conditions for each individual asset. ATFX has been publicly recognized worldwide as one of the best Forex CFD brokers both by its clients and industry specialists. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. In addition, the broker organizes events and sponsorships with global charity actions. So clients can get access to them and meet the support and management team.
All of these instruments can be executed on one platform and offer the best opportunities to all investors. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. The services at ATFX ensure not just to keep the investors aware by eliminating the chance of scams but also to educate them through webinars, coaching, tutorials, proper analysis, and alike.
The user interface is perfect for beginners or trading veterans, and all the necessary tools are available to ensure a hassle-free and memorable online trading experience. IG took first place for our 2023 Annual Awards as the best overall forex broker, with 100 available currency pairs and the ability to trade CFDs and forex options, traders have plenty of choices. IG holds nearly a dozen regulatory licenses (and holds the distinction of being the only forex broker regulated in both Switzerland and the U.S.); simply put, IG is one of the most trusted brokers in the industry. From our finds, we got that the broker provides four trading accounts to traders, namely Micro, Classic, Premium, and Raw accounts, each with its own set of features and advantages that suit different trader levels. It also permits clients to trade with various currencies, including EUR, USD, and GBP.
ATFX Trading Platforms
This often includes detailed as well as updated information useful to the trader. Moreover, traders become better informed and organized when they find articles that talk about advanced economic indicators, upcoming events, and also fundamental movements within the fundamental market comments. These comments are usually published weekly on the Analysis section of the platform’s site. This comprises market news and analysis of some of the markets known to be very popular, such as oil, indices, cryptocurrencies, and precious metals.
Forex trading in general isn’t where we’d suggest beginner investors get started — if you’re brand new to investing, check out our list of the best brokers for beginners. That said, if you’re a seasoned investor looking to dabble in trading forex for the first time, you might benefit from going with a more traditional broker to start, like Interactive Brokers or Ally Invest. Some brokers charge a commission, while others are compensated with a spread, or a markup between the price they pay for an asset and what they sell it for. The investing information provided on this page is for educational purposes only.
Cryptocurrencies are complex, high-risk, and volatile and may result in the loss of all invested capital over a short period of time; they are not appropriate for all investors. 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 Market Analysts of ATFX take you through potential movements in the trading markets over the coming quarter, providing you with the necessary insights to develop an effective trading strategy. Furthermore, if you’ve missed an item (or two), check the history of the forex news calendar to see all previous events and how they may have affected your trading products. With the Economic Calendar, the items are automatically updated to provide you with the latest information that could affect the products that you trade.
ATFX offers one of the most secure, reliable, and trusted banking sections within the online trading industry, ensuring traders can transact on their accounts with peace of mind. The site utilises the latest SSL encryption technology to safely secure all personal and financial information and comes equipped with some of the most trusted payment methods online. The company constantly looks for ways to enhance the overall payment structure to provide a highly efficient, simplistic, and secure banking experience. There are no fees when it comes to making a withdrawal and ATFX usually processes all withdrawal request within 24 hours. Once you’ve completed the registration process by providing your personal details, banking details, trading experience, and documents, you will be able to fund your account. ATFX offers a wide selection of deposit methods to transact on your account, including Mastercard, Visa, Neteller, Skrill, Bank Wire Transfer, and NganLurong.vn.
About BrokerTreding
In addition to competitive spreads and low commission-based pricing for forex, Interactive Brokers provides more third-party research than any other broker. ATFX provides a phenomenal variety of software products and trading tools that can be accessed through desktop PC’s and mobile and tablet devices. The user-interface is intuitive and easy to use, making it ideal for beginners to effortlessly get acquainted with the software. Customer support is available around the clock and offers support in multiple languages to cater to traders on a global scale. ATFX operates an ECN model along with STP technology and utilises a No Dealing Desk approach. Traders can look forward to a wide range of trading assets, including nine major stock indices, 43 forex currency pairs, and a handful of major commodities, such as crude oil, silver, and gold.
User friendly platform
You will first need to select your preferred language of which there are 13, along with personal details, banking information, and referrer information, if any. The registration process will require name, gender, date of birth, country, address, email, phone, and documents along with bank name, swift code, branch city, branch name, branch province, and more. You will not be able to complete the registration process without providing the necessary documents. ATFX Global Markets Limited is essentially a European trading company operating from Cyprus and is regulated and licensed by the Cyprus Securities and Exchanges Commission.
ATFX FAQs
Somehow, remember that different instrument
has different trading conditions. In this case, you have to make sure that your strategy is well
suited for the instrument you chose. Besides lots of currency pair,
ATFX also offers some instruments you would like to trade on, such as
Forex, Gold & silver, Oil, Indexes, atfx trading platform Metals and Spread betting for your best choice. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
Read the following sections to get accurate information about the company. The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Forex traders also appreciate the ability to engage in social copy trading. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. With a wide range of forex brokers comes a wide variety of features and specialties.
When it comes to educational resources, you can access tons of learning material directly from the website, under the ‘Education’ tab or sign-up for a one-on-one coaching session. ATFX is also regulated in the Middle East and North America, and falls under the regulation of CySEC in Cyprus, making it an EU-compliant broker. However, clients should keep in mind that these promotions are not typically available to all jurisdictions. However, in the past ATFX has offered a $100 USD welcome credit promotion.
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. For more details about the categories considered when rating brokers and our process, read our full methodology. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page.