In 2019, ATFX also earned the World Forex Awards for providing the best trading educational program in the industry. Also, it won the ADVFN International Financial Awards for Best Customer Service. Offers a decent range of trading account types that should suit most traders.
Forex Trading
Mr. Alejandro Zambrano who has over 12 years of experience as a professional trader and has been recognized by CNBC, Reuters, and Bloomberg. His specialism lies in both technical and fundamental analysis, and the strategies he teaches aim to enable clients to navigate the financial markets while minimizing risk. The broker provides its professional clients with the ability to invest in a range of assets via the company’s user-friendly platform that supports the MetaTrader 4 software. ATFX offers competitive pricing and delivers a state-of-the-art client portal protected by leading encryption security systems. You experience STP access when trading forex online via the MT4 platform and your ATFX live forex trading account.
What are Indices in Trading & How to Trade Index in 9 Steps
Fundamental analysis lets you understand how currency pairs react to certain news events and announcements. In other words, you become a better forex trader if you know whether some news is good or bad for the currencies you want to trade. Technical analysis, on the other hand, lets you identify certain patterns and trends whenever you use your forex trading platform. You’ll execute your trades through the MT4 trading platform, which is regarded as one of the best trading platforms on the market. Forex trading platform is an accepted software interface that lets traders access all the tools needed for order placement. You use these software platforms to execute all the buy or sell orders when you trade forex.
MetaTrader 4
In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments. The European Parliament and Council adopted this on https://traderoom.info/atfx-a-reliable-broker/ Nov. 1, 2007. MiFID regulates financial instrument markets for providing investment services as well as activities, specifically in the European Economic Area.
- Refunds to debit and credit cards typically finish processing in 2 to 5 days.
- These include Asia IRP, Euro IRP, and Investorside Research.
- The execution price for market orders is influenced by the amount of liquidity from banks and if it is enough.
- For those who choose the Edge account, the is a minimum deposit requirement of $5,000.
In order to be sure that ATFX is not a scam, read our trader reviews and check other popular trading related websites and forums. We have scanned fees (minimal spreads) that ATFX charges when trading popular currency pairs, here is their breakdown in pips. 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. You can login the first time you’re your name and email address. You will then get some login details that you will be asked to keep in a safe place and that you will need for future access to the platform.
Over the years, ATFX has earned numerous awards across various markets. It was named the Best NDD Forex Broker 2018 from the Online Personal Wealth AwardsMoneyAM. ATFX was also honored with Best Forex Customer Services 2017 at the Entrepreneur JFEX Awards and 13th Jordan Forex Expo. 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.
ATFX is an online forex and CFD broker founded in 2014 that has a global presence and supports customers in over 16 different languages. The company has its main offices in London and Limassol, Cyprus, although it also has offshore offices in Kingstown, St. Vincent, the Grenadines and Mauritius. As said in the beginning of this ATFX review, the brokerage is fully MiFID-compliant. 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. The indices section at ATFX offers access to a wide range of underlying assets, such as the SPX500, US30 and NAS100.
Most brokers have an obvious help center or section with FAQs. Instead, there are webinars and there is ready information for contacting customer support. https://traderoom.info/ There are some sections with FAQs, such as those related to trading. Overall, however, there is no convenient way to find information on other FAQs.
Beware of cloned websites posing as trusted brokers like ATFX. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. My IB have been trading with ATFX for a long time, no slippage, great service and fast resolution.
The company has received awards for its customer service that is focused on its 24/5 Live Chat service, although local phone numbers and email support are also available. Only the professional account type does not qualify for negative balance protection, and all the accounts currently supported allow you to deal in sizes as small as 0.01 of a lot. Traders are also given negative balance protection when trading on a spread-betting account. While hedging is allowed using the spread betting account, scalping is not permitted. Social trading at the company is only available via their collaboration with the MT4 trading software and community.
When i traded EBAY stock, the broker intentionally raised my trading fee from 6$ to 260$ causing me to lose. To be involved in the community, ATFX sponsors some events. This includes The Duke of Edinburgh Cup, the China Event 2018. ATFX chose to sponsor this particular event since it began in the UK and is promoted in regions worldwide. Additionally, the Duke of Edinburgh Cup is a known charity that has Royal Patronage. This lines up with the philosophy of ATFX, which further encouraged the broker to sponsor the event.
All BrokerNotes content is researched, fact-checked, and edited by the research team. ATFX provides MetaTrader 4, catering well to traders who favor this platform for its robust functionality and established market presence. ATFX is a trustworthy broker, authorized by the FCA and holding a moderate trust score, as ranked by ForexBrokers.com. This regulatory oversight assures traders of a secure trading environment, although it’s important to note that ATFX is not listed on any public stock exchange. After I start using ATFX, I have never changed to other platforms. If you are based in the UK, the spread betting option might be attractive to you as this method of trading is capital gains tax-free.
There is no concern about complexities during the integration process into ATFX. The list of webinars always includes the title, language, date, start time, and duration. You can also read a description of the webinar to help you decide if you want to register.
